WHWhirlpool of India500238Leadership appointment or

Material subsidiary leadership change: MD & CEO term ends March 2027, new MD and CFO take over

Whirlpool of India's material subsidiary Elica India: MD & CEO Pralhad Bhutada's term ends March 31, 2027; COO Anish Ahuja becomes MD from April 1, 2027.

By ScoutQuest · Fri 23 Oct 2026, 5:29 PM IST · 2 min read

MD & CEO term end

Pralhad Bhutada's term ends March 31, 2027

New MD

Anish Ahuja becomes MD from April 1, 2027

CFO transition

Nishant Hundiwala resigns effective March 31, 2027; Abhish Jain named CFO from April 1, 2027

What the update says

Whirlpool of India informed the exchanges about changes in the Key Managerial Personnel of its material subsidiary, Elica India (formerly known as Elica PB Whirlpool Kitchen Appliances Private Limited).

Leadership changes at a glance

• Mr. Pralhad Bhutada, Managing Director and Chief Executive Officer of Elica India: his employment agreement will expire on March 31, 2027, so his employment concludes at the close of business hours on that date, when the agreed term expires. His role as Managing Director and CEO, and his membership of the Board and other committees, conclude that day. The company thanked him for his leadership in building Elica India and for helping coach and develop his successor.
• Mr. Anish Ahuja, Chief Operating Officer since September 1, 2026, will take over as Managing Director of Elica India with effect from April 01, 2027, and will report to the Chairman of the Board of Elica India. He brings over 32 years of experience, including more than 26 years at Whirlpool of India, across Sales, Customer Service and Supply Chain Management. Before becoming COO, he was Vice President - Service at Whirlpool of India, with full responsibility for the Service P & L, reporting to the Managing Director. He holds a Bachelor's Degree in Mechanical Engineering from Pune University and a Master's Degree in Business Administration from Symbiosis Institute of Management Studies, Pune.
• Mr. Nishant Hundiwala, Chief Financial Officer of Elica India, who reports to the Managing Director of Elica India, has tendered his resignation, effective March 31, 2027, for personal reasons. The Board of Elica India thanked him for his services.
• Mr. Abhish Jain, current Director - Finance at Whirlpool of India, will move as Chief Financial Officer of Elica India with effect from April 01, 2027, reporting to the Managing Director of Elica India. He is a member of the Institute of Chartered Accountants of India and has experience across commercial finance, financial planning and analysis, and manufacturing finance, within and outside India.

How to read it

Elica India is identified in the update as a material subsidiary, so the people running it matter to the group. Both exits fall on the same date, March 31, 2027, and both successors begin on April 01, 2027, so the change is a pre-announced handover rather than an abrupt one. The outgoing Managing Director serves out his agreed term, and the update notes he helped coach his successor.

Points worth noting

• The Managing Director and CFO positions change hands on the same date.
• Both successors come from inside the group: the new MD was promoted from Chief Operating Officer, and the new CFO moves from the parent company's finance team.
• The CFO's departure is a resignation for personal reasons, effective March 31, 2027.
• The new MD's appointment takes effect from April 01, 2027, and he reports to the Chairman of Elica India's Board.

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