United Spirits Limited has informed the Exchange about change in Management
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United Spirits has announced a planned internal transition in its finance and compliance leadership. Mr. Mital Sanghvi, currently Vice President – Treasury & Company Secretary, will move into a full-time finance role as Vice President – Financial Controller from 1st September 2025, and will relinquish his position as Company Secretary (Key Managerial Personnel) and Compliance Officer at the end of 31st August 2025. To fill the resulting vacancy, Ms. Pragya Kaul, a Company Secretary and compliance professional with over 20 years of experience across multiple industries, has been appointed as the new Company Secretary and Compliance Officer effective 1st September 2025. The change was approved by the Board on 13th August 2025 based on the recommendation of the Nomination & Remuneration Committee. The CFO, Mr. Pradeep Jain, continues in his role unchanged.
This is a routine, planned internal succession with no change at the top finance or executive level. Shareholders are unlikely to see any material impact on the business or stock price, as the outgoing Company Secretary is being promoted within the company and the incoming appointee brings strong governance experience.