Intimation of retirement of current CFO from the closure of the business hours on 31-03-2026 and appointment of CFO w.e.f. 01-04-2026.
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Singer India Ltd has informed that Mr. Subhash Chand Nagpal will retire from the position of Chief Financial Officer (CFO) and Key Managerial Personnel of the company with effect from the close of business hours on March 31, 2026. The Board has appreciated his contributions during his tenure. To fill the position, Mr. Anuj Kumar Vasdev, who is currently serving as CFO-Designate, has been appointed as the new CFO and KMP of the company with effect from April 1, 2026. Mr. Vasdev brings over 26 years of experience in strategic finance leadership, having held senior finance and CFO roles at reputed organizations including NCML, Ozone, Mars & Wrigley's, PepsiCo, and Dabur.
This is a planned and orderly leadership transition at the CFO level, with an internal candidate (CFO-Designate) taking over smoothly without any disruption to financial operations. Shareholders are unlikely to see any material impact on the stock as the change is pre-planned and the incoming CFO has strong credentials from well-known consumer-facing companies.