Kalyani Forge Limited Appoints Sainath Bhanage as Chief Financial Officer
Kalyani Forge Limited has announced the appointment of Mr. Sainath Bhanage as its new Chief Financial Officer, effective July 14, 2026. The decision was approved by the Board of Directors following a meeting held on July 14, 2026, and is based on recommendations from the Nomination and Remuneration Committee and the Audit Committee.Mr. Bhanage has been appointed to manage the financial aspects of the company in the role of CFO.
Professional Profile and Experience
The appointment comes as Mr. Sainath Bhanage possesses extensive experience across various sectors of finance and accounts. He brings over 12 years of expertise in the field, specializing in several key areas including:- Financial strategy
- Accounting and treasury management
- Taxation and compliance
- Audit and budgeting
- Business transfer arrangements (BTA)
- Mergers & acquisitions (M&A)
- Investor relations
- Business transformation
During his career, Mr. Bhanage has worked with numerous companies across manufacturing, services, trading, infrastructure, real estate, the automotive sector, and private limited entities. His previous roles include Assistant Manager - Finance, Financial Analyst, Senior Accounts Manager, Treasury Manager, and Tax & Audit Executive.
Key details regarding the appointment are provided in the table below:
| Particulars | Details |
|---|---|
| Name | Mr. Sainath Bhanage |
| Reason for Change | Appointment as Chief Financial Officer of the Company |
| Date and Term of Appointment | The appointment is effective from July 14, 2026 |
KALYANIFRG Stock Price Movement
Shares of Kalyani Forge Limited are edging higher in live trading, currently at ₹615, gaining 0.32% as of 2:59 PM. This upward movement has been registered against a modest volume of 182 shares exchanged during the current session.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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