CFO Change: Lalbert Cherian Resigns, Akhil Haridas Appointed CFO from 25 September 2026

Board meeting outcome: a change in the finance leadership.

Fri 25 Sep 2026

Outgoing CFO

Mr. Lalbert Cherian's resignation approved, relieved with effect from 25th September 2026

New CFO Appointed

Mr. Akhil Haridas appointed Chief Financial Officer, effective 25th September 2026

CFO Monthly Remuneration

Rs. 1,50,000/- per month

New CFO Qualification

Cost and Management Accountant (CMA) with over a decade of experience in finance, accounting, budgeting, treasury and working-capital…

What the Board decided

The Board of Directors met on 25th September 2026 through video conferencing. The meeting began at 11:30 a.m. and concluded at 12:06 p.m.

• The Board took note of the minutes of the previous Board Meeting dated 13th August 2026.
• It took note of and approved the resignation of Mr. Lalbert Cherian, Chief Financial Officer, relieving him from office with effect from 25th September 2026.
• It approved the appointment of Mr. Akhil Haridas as Chief Financial Officer, effective 25th September 2026, and fixed his remuneration.

About the incoming CFO

Mr. Akhil Haridas is a qualified Cost and Management Accountant (CMA) from the Institute of Cost and Management Accountants of India and holds a Masters in Commerce from Mahatma Gandhi University. He has over a decade of experience in finance, accounting, financial planning, budgeting, treasury and working-capital management, statutory compliance, cost control and management reporting.

He has held progressively responsible finance roles across supply-chain, healthcare, manufacturing and professional consulting environments in India. His stated areas of expertise include fund management, fund-flow and cash-flow management, working-capital optimisation, forecasting, MIS and financial analysis, cost optimisation, and strengthening internal financial controls. He is proficient in Microsoft Business Central 365, SAP, Odoo, Tally Prime, Power BI and Excel.

Remuneration

Remuneration payable to the new CFO is Rs. 1,50,000/- per month.

How to read this

The Chief Financial Officer is a Key Managerial Personnel, so a change is disclosed to the exchange. Here the exit and the appointment take effect on the same date, so there is no gap in the role. The update states no other agenda items were taken up.

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