Board approves appointment of Mr. Sunil Upadhyay as Chief Financial Officer w.e.f. October 05, 2026
Board approved the appointment of Mr. Sunil Upadhyay as Chief Financial Officer (CFO) w.e.f. October 05, 2026, on the Nomination and Remuneration Committee's recommendation.
- Appointee
- Mr. Sunil Upadhyay as Chief Financial Officer (CFO)
- Effective Date
- w.e.f. October 05, 2026
- Term
- full time appointment
- Previous CFO Tenure
- May 29, 2024 to May 31, 2026
- Experience
- over 27 years of experience, of which 25 years were in Project Finance
The Board of Directors, in its meeting held on October 05, 2026, approved the appointment of Mr. Sunil Upadhyay as the Chief Financial Officer of the company with effect from October 05, 2026.
What the intimation covers
- Appointment of Mr. Sunil Upadhyay as Chief Financial Officer.
- Approved by the Board based on the recommendation of the Nomination and Remuneration Committee.
- Effective date: October 05, 2026.
- Term of appointment: Full Time appointment.
- Disclosure of relationships between directors: Not Applicable.
Profile of the appointee
- Mr. Upadhyay has over 27 years of experience, out of which 25 years are in the field of Project Finance of a Government of India undertaking under the Ministry of Jal Shakti.
- During that period he provided services in the fields of accounting, audit, Sales Tax, VAT & GST and invoicing, and supervised the financial aspects of the Centre and other fields in India.
- He has previously served as Chief Financial Officer of Asian Hotels (North) Limited for a period of approximately two years, from May 29, 2024 to May 31, 2026.
- After his resignation from the position of CFO, he continued his association with the company and has been serving as Chief Manager – Corporate Affairs till date.
How to read this
- This is a change in management intimation. The person taking charge of the finance function is someone who has held the same position in the company earlier and has continued working with it in another role.
- The intimation sets out the appointee's experience, the effective date and the nature of the appointment (full time), which are the key details an investor would use to assess the change.
More numbers
- Experience of the appointeeover 27 years
- Experience in Project Finance of a Government of India undertaking25 years
- Earlier stint as Chief Financial Officer of the companyapproximately two years
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