Walchandnagar Industries Limited has informed the Exchange about change in Management
WALCHANNAG · price
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Walchandnagar Industries has informed the exchanges about the appointment of Mr. Kaustubh Gandhalikar as Chief Internal Auditor and Senior Management Personnel, effective October 1, 2025. He is a qualified CA (Inter) and Cost Accountant with an M.Com. from Pune University and B.Com. from University of Mumbai, and holds international accounting credentials from IFA (UK) and IPA (Australia). He brings over two decades of experience in financial management, governance, risk, compliance, and internal audit across India, UK, USA, Europe, and the Middle East. Before joining WIL, he served as CFO at Aim Capital Ltd. and held senior finance leadership roles at HCL Technologies, Virtual (Family HNI Manufacturing), and Al Raid Management Consulting FZE in Dubai. The disclosure was made under SEBI Listing Regulations read with Schedule III.
This is a senior management addition to strengthen the internal audit and governance function, which is a routine and mildly positive signal for internal controls. No immediate material impact on shareholders or stock price is expected.