Appointment of Ms. Kinjal Alpeshbhai Solanki (DIN: 11615235) as an Additional Executive Director of the Company w.e.f. 23.03.2026. 02.Appointment of Ms. Kinjal Alpeshbhai Solanki (PAN: ....
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The board of SBL Infratech Ltd, at its meeting on 23 March 2026, approved the appointment of Ms. Kinjal Alpeshbhai Solanki (DIN: 11615235) in two roles simultaneously: Additional Executive Director and Chief Financial Officer (CFO) / Key Managerial Personnel, both effective 23 March 2026. The appointee holds a Bachelor of Arts degree and reportedly has around four years of experience in teaching and academic administration, not in finance or infrastructure. No relationship with existing directors was disclosed. The appointment combines board-level directorship with the company's top financial role in a single person.
This is a governance red flag for shareholders — appointing a person with no stated finance or infrastructure experience as CFO of a listed infrastructure company, and also as Executive Director, weakens financial oversight and raises concerns about the quality of financial controls at the company.