Sterlite Technologies Limited has informed the Exchange regarding appointment of Mr. Saumya Mondal as an Interim Chief Human Resource Officer considered as Senior Management Personnel of the Company with effect from July 25, 2025
STLTECH · price
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Sterlite Technologies announced three senior management changes effective July 25, 2025. Mr. Ajay Jhanjhari, who had been serving as Interim CFO since May 16, 2025, was confirmed as permanent Chief Financial Officer; he is a Chartered Accountant with over 15 years of experience in fundraising, M&A, and treasury. Mr. Naveen Bolalingappa, who had been Interim CEO of STL Digital since August 1, 2024, was made permanent CEO of the Digital Business Unit; he brings 30+ years in IT services, formerly at TCS. Mr. Saumya Mondal, previously CHRO of the Optical Networking Business at STL, was appointed as Interim Group Chief Human Resources Officer. All three appointments are internal elevations, bringing continuity to key leadership roles.
These are internal leadership elevations rather than external hires, signaling organizational stability and continuity. The permanent appointment of the CFO and Digital Business CEO removes interim uncertainty, which is mildly positive for investor confidence, though no major strategic or financial implications are evident.