Trust Fintech Limited Announces CFO Transition: Mr. Anand Shankar Kane Resigns as Mrs. Sandhya Gulhane is Appointed
Trust Fintech Limited has announced a change in its senior leadership, confirming the resignation of its Chief Financial Officer (CFO) and appointing Mrs. Sandhya Gulhane as the new CFO. These transitions were approved during the company's Board meeting held on July 22, 2026.Mr. Anand Shankar Kane resigned from the post of CFO, effective from the close of business hours on Wednesday, July 22, 2026. Mr. Kane had previously served as a Director and CFO at the company. His resignation was tendered following his Resignation Letter dated July 15, 2026. The reason cited for the change is to enable him to focus on Business Development and Sales.
The board formally accepted the resignation of Mr. Anand Shankar Kane. As per internal records, details concerning the CFO’s departure are summarized below:
| Particular | Details |
|---|---|
| Name of Chief Financial Officer | Mr. Anand Shankar Kane |
| Reason for Change | Resignation to enable focus on Business Development & Sales |
| Date of Cessation | Close of business hours on July 22, 2026 |
In a separate development, the Board of Directors appointed Mrs. Sandhya Gulhane, who is already a Director of Trust Fintech Limited, as the new Chief Financial Officer (CFO). The appointment was made effective from July 23, 2026, following recommendations received from both the Nomination and Remuneration Committee and the Audit Committee.
Mrs. Gulhane will serve as CFO for a term of one year, concluding on July 22, 2027. Prior to her appointment, Mrs. Gulhane possessed over 26 years of experience in customized accounting software, ERP Solutions, and GST ASP for the banking sector and manufacturing industry across various verticals. Her expertise encompasses Corporate Finance, Project Management, GST, Cash Flow Management, and Audit.
The transition ensures continuity in the company's financial leadership, with Mrs. Gulhane confirming her consent to act as CFO and Key Managerial Personnel (KMP) of Trust Fintech Limited.
TRUST Stock Price Movement
Shares of Trust Fintech Limited settled on Wednesday with zero change, closing at ₹28.50 per share. The stock traded a total volume of 5,400 shares and hit its daily low during the 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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