Saregama Appoints New CFO, Secures Interim Leadership Amid Key Personnel Changes
Saregama India Limited has made significant changes in its finance leadership team. The Board of Directors approved the appointment of Mr. Abhishek Kapoor as Chief Financial Officer (CFO), while concurrently appointing Mr. Kuldeep Kothari as Interim Chief Financial Officer (Interim CFO). These appointments were formalized during a meeting held on June 24, 2026, to ensure continuity in the company's financial management structure.Mr. Abhishek Kapoor was appointed to the role of CFO and Key Managerial Personnel, effective from July 15, 2026. Mr. Kuldeep Kothari has been designated as Interim CFO and Key Managerial Personnel, taking effect immediately on June 24, 2026. His tenure as Interim CFO is set to conclude on July 14, 2026, coinciding with the commencement of Mr. Kapoor's full-time role.
The appointments were made following recommendations from the Nomination and Remuneration Committee and the Audit Committee.
A detailed overview of both appointees, their experience, and the terms of service is provided below:
| Particular | Mr. Abhishek Kapoor (CFO) | Mr. Kuldeep Kothari (Interim CFO) |
|---|---|---|
| Role | Chief Financial Officer (CFO) | Interim Chief Financial Officer (Interim CFO) |
| Date of Appointment | July 15, 2026 | June 24, 2026 |
| Term of Appointment | Full-time appointment | To continue until July 14, 2026 |
| Brief Profile | A seasoned finance leader with over 25 years of progressive experience across listed and consumer-driven organizations, including Media & Entertainment, FMCG, Beverages, and Manufacturing. He is a Chartered Accountant with executive specialization in Strategy Management from IIM Kozhikode and currently serves as the CFO at Sula Vineyards Limited. | A qualified finance professional with over 23 years of experience in areas such as finance, accounts, treasury, budgeting, financial reporting, internal controls, taxation, and regulatory compliance. He has been associated with Saregama for seven years. |
The company stated that these appointments are intended to ensure the smooth continuity of the Chief Financial Officer function within the organization.
SAREGAMA Stock Price Movement
As of 12:29 PM, shares of Saregama India Limited are slipping by 2.32% in live trading, currently at ₹462.40 as the stock sheds approximately ₹11.00 in value. The equity has seen a volume of 264,694 shares and remains above its intraday low of ₹461.55.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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