Bharat Goyal Appointed as Chief Financial Officer at Studds Accessories Limited
Studds Accessories Limited has announced significant changes in its senior management personnel, effective July 01, 2026. The company appointed Mr. Bharat Goyal as its new Chief Financial Officer (CFO) and Key Managerial Personnel (KMP).In addition to the appointment of Mr. Goyal, the company confirmed that Mr. Manish Mehta will transition from his previous role as CFO and KMP to a Senior Management position within the organization. Mr. Mehta has been designated as the Vice President Taxation & Compliance, effective July 01, 2026.
This management restructuring was undertaken following a deliberate review for strategic organizational changes at the company, designed to support its scaling operations across the STUDDS and SMK brands amid increasing geographic reach and business complexity.
New KMP Structure Confirmed
Studds Accessories Limited also disclosed the updated details of the Key Managerial Personnel authorized to determine materiality of events and information. This team includes senior executives across various departments.The appointed Key Managerial Personnel (KMP) are listed below:
| Name | Designation |
|---|---|
| Mr. Sidhartha Bhushan Khurana | Managing Director |
| Ms. Shilpa Arora | Whole-time Director |
| Mr. Bharat Goyal | Chief Financial Officer |
| Ms. Asha Mittal | Company Secretary and Compliance Officer |
Profile Highlights
The company provided detailed profiles for the key personnel involved in this transition.Mr. Manish Mehta, a Chartered Accountant with over 22 years of experience, has extensive expertise in taxation, finance, and corporate compliance. Previously serving as CFO, he was responsible for overall financial management, statutory compliance, and strategic financial planning. In his new role as Vice President Taxation & Compliance, he will oversee the company's direct and indirect taxation matters and related regulatory compliances.
Mr. Bharat Goyal is a Chartered Accountant (CA) with over 17 years of experience in financial control, treasury management, budgeting, and strategic financial management. Mr. Goyal has prior experience holding senior finance roles at companies including Tata 1mg Technologies Private Limited, Studds Accessories Limited, Daikin Airconditioning India Private Limited, and Honda Cars India Limited. In his capacity as CFO, he will focus on reinforcing internal controls and governance frameworks while advancing finance operations through process improvements.
STUDDS Stock Price Movement
Shares of Studds Accessories Limited slipped by 1.52% in trading, settling at ₹459.15 today after the post-market session concluded. The stock recorded a volume of 70,790 shares, closing lower from its intraday range, which spanned between ₹453.85 and ₹472.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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