CFO change: Debabrata Das appointed Chief Financial Officer, Allen Andrade steps down
Board meeting outcome dated October 13, 2026.
By ScoutQuest · · 1 min read
- New CFO Appointment Date
- Mr. Debabrata Das appointed Chief Financial Officer w.e.f. October 16, 2026
- Outgoing CFO Resignation Effective
- resignation of Mr. Allen Joseph Andrade as CFO w.e.f. close of business hours on October 15, 2026
- Incoming CFO Experience
- Chartered Accountant with over 20 years of experience
What the Board decided
The Board of Directors, at its meeting on October 13, 2026, appointed Mr. Debabrata Das as Chief Financial Officer of the Company with effect from October 16, 2026. The appointment was made on the recommendations of the Nomination and Remuneration Committee and the Audit Committee. Mr. Das will be based at the Corporate Office in Chennai.
The Board also took note of the resignation of Mr. Allen Joseph Andrade as Chief Financial Officer with effect from close of business hours on October 15, 2026, due to personal reasons. Mr. Andrade will continue to support the Company in the role of Financial Advisor, operating remotely from Mumbai, with visits to the Chennai office on a need basis.
About the incoming CFO
- A Chartered Accountant with over 20 years of experience in senior finance leadership roles across the energy, city gas distribution and infrastructure sectors.
- Previously served as Group CFO at Haryana City Gas.
- Head of Corporate Finance at Adani Total Gas, a joint venture between Adani Group and TotalEnergies.
- Lead - Project Finance at GMR Energy.
- Brings expertise in fund-raising, capital structuring, and in embedding governance and finance frameworks.
Points to note
- The new CFO's appointment takes effect on October 16, 2026, a day after the outgoing CFO's cessation on October 15, 2026.
- The outgoing CFO stays associated with the Company as Financial Advisor.
- Mr. Debabrata Das is not related to any Director of the Company, as stated in the disclosure.
How to read this
This is a change in key managerial personnel. A CFO transition is a management change, and the update states the reason for the outgoing CFO stepping down as personal reasons, with the appointment of a successor and the continuing advisory role for the outgoing CFO.
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More numbers
- Experience of incoming CFOover 20 years
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