S A Tech Software India Limited Announces Leadership Changes: Appoints New CEO and Multiple Directors
S A Tech Software India Limited has announced several significant changes in its executive and board composition following a meeting of its Board of Directors held on June 15, 2026. The board approved key appointments alongside noting the resignations of two senior members.The company confirmed that Mr. Manoj Narottam Joshi tendered his resignation from the position of Chief Executive Officer (CEO) effective June 12, 2026, due to personal reasons. Similarly, Mr. Shyam Behari Sharma resigned as a Non-Executive Director, with his cessation effective June 10, 2026, also citing personal reasons.
In response to these changes and to strengthen its leadership team, the company approved the appointment of Mr. Bharath Raj as Chief Executive Officer (CEO), effective June 16, 2026. Mr. Raj is described as a technology leader with over two decades of experience in engineering, product development, cloud technologies, and global business operations. His previous roles include senior leadership positions at Inspera AS, Blackhawk Network India, Intuit India, McAfee-Intel, and IBM India Software Labs.
The board also appointed three new directors, effective from June 15, 2026:
- Mr. Ritesh Ramavatar Sharma (DIN 02676486): He was appointed as an Additional Non-Executive Director. Mr. Sharma is a Promoter of S A Tech Software India Limited and serves as VP of India Operations. His background includes nearly two decades in the IT Consulting and Staffing industry, with expertise spanning business development and client relationship management.
- Mr. Manoj Narottam Joshi (DIN 09351328): He was appointed as an Additional Non-Executive Director. Mr. Joshi is a seasoned professional with over 20 years of experience in the IT Consulting and Technology industry, holding qualifications as a Chartered Accountant and possessing expertise in finance and technology solutions management.
- Mr. Sunil Punamchand Jain (DIN 08313434): He was appointed as an Additional Non-Executive Independent Director. Mr. Jain has over 24 years of experience in New Product Development for the Automotive Industry, specializing in Plastic Product development and Program Management.
The newly appointed directors possess diverse industry expertise, with Mr. Sharma bringing deep understanding of operations and Mr. Jain offering specific experience from the automotive sector.
SATECH Stock Price Movement
Shares of S A Tech Software India Limited are edging higher to ₹40.85 as of 12:44 PM today, gaining 0.49% in live trading. The stock is trading with a volume of 2,000 shares.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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