Appointment of Chief Financial Officer of the Company w.e.f 01.04.2026 and retirement of current Chief Financial Officer of the Company till the closure of business hours of 31.03.2026.
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Singer India has announced a CFO transition effective April 1, 2026. Mr. Subhash Chand Nagpal will retire from his role as Chief Financial Officer and Key Managerial Personnel at the close of business on March 31, 2026, after the Board acknowledged his contributions during his tenure. Mr. Anuj Kumar Vasdev, who is currently serving as CFO-Designate, will be elevated to the position of CFO from April 1, 2026. The appointment was recommended by the Nomination and Remuneration Committee and the Audit Committee before Board approval. Mr. Vasdev brings over 26 years of finance leadership experience from organisations such as NCML, Ozone, Mars & Wrigley's, PepsiCo, and Dabur.
This is a planned, orderly internal succession with no disruption to financial reporting, as the incoming CFO has already been serving as CFO-Designate. Shareholders should view the transition as stable continuity, with the new CFO bringing strong consumer-facing finance experience relevant to Singer India's business.