Announced Mon, 19 Jan · 17:55 IST

Appointment of Chief Financial Officer

Cfo ResignedKmp ResignedManagement Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Sanathnagar Enterprises Ltd has appointed Mr. Sandeep Lakhotia as its new Chief Financial Officer and Key Managerial Personnel, effective January 20, 2026. He is a 41-year-old Chartered Accountant with over 15 years of experience across finance, strategy, treasury, M&A, and compliance, and has been part of the Lodha group since August 2024. At the same time, the existing CFO Mr. Vikash Mundhra resigned with effect from close of business on January 19, 2026, citing personal reasons and pre-occupations. The Board approved the change on the recommendation of the Nomination and Remuneration Committee and Audit Committee. Sanathnagar Enterprises is part of the Lodha group.

Likely market impact

The CFO transition appears orderly, with an experienced internal Lodha group hand replacing the outgoing CFO, which should provide continuity in financial management. For shareholders, this is largely a neutral governance event, though any sudden CFO exit can warrant a closer look at financial disclosures over the coming quarters.