Xpro India Limited has informed the Exchange about change in Management
XPROINDIA · price
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Xpro India has announced a planned reshuffle of its top management effective August 27, 2025. C. Bhaskar, the current Managing Director & CEO, will drop the CEO title and continue as Managing Director only. Girish Behal, currently President (Corporate) & Chief Strategy Officer, will be elevated to President & CEO — he has been with the company since October 2024 and brings 23 years of experience in chemicals and polymers from prior roles at Ester Industries, AkzoNobel, and Nippon Paint. H. Bakshi, the current Senior President & COO, will be re-designated as Senior President and will later become Senior President & Group Technical Counsel from January 15, 2026. All three are existing KMPs and the changes are described as a planned organizational progression.
This is a smooth internal succession with no resignations, signalling continuity and stability. Shareholders should view it as neutral to mildly positive — the incoming CEO is an internal candidate with relevant industry experience, and the outgoing CEO remains on the Board as MD.