<h1>Western Overseas Study Abroad Ltd Announces CFO Transition; Ms. Ruchika Ohri Appointed</h1>
Western Overseas Study Abroad Ltd has announced a change in its Chief Financial Officer (CFO) position, following the resignation of Mr. Jatin Kumar and the subsequent appointment of Ms. Ruchika Ohri. The company board approved these changes during a meeting held on July 10, 2026.
Mr. Jatin Kumar tendered his resignation from the post of Chief Financial Officer and Key Managerial Personnel. His resignation was effective as of July 10, 2026, citing personal commitments. The company confirmed that there were no other material reasons for his departure. The Board expressed appreciation for Mr. Kumar’s valuable service during his tenure.
Ms. Ruchika Ohri has been appointed as the new Chief Financial Officer (CFO) effective July 10, 2026, following a recommendation from the Nomination and Remuneration Committee.
Profile of New CFO
Ms. Ohri is a qualified Chartered Accountant and brings over 10 years of professional experience to the role. Her background includes finance, accounting, taxation, auditing, banking operations, and financial management. She holds a Bachelor of Science (B.Sc.) in Economics. Ms. Ohri previously worked with Axis Bank and also served in partnership with CA Lochan Kundra for two years, handling tax audits, income tax returns, TDS compliance, and concurrent audit. Her expertise includes strong proficiency in internal controls and financial planning.
The company has updated the list of Key Managerial Personnel (KMP) involved in materiality assessment and disclosures. The authorized personnel include Mr. Pardeep Balyan, Managing Director; Ms. Shruti Gupta, Company Secretary and Compliance Officer; and Ms. Ruchika Ohri, Chief Financial Officer.
Key details regarding the transition are summarized below:
| Detail of Event | Former CFO (Mr. Jatin Kumar) | New CFO (Ms. Ruchika Ohri) |
|---|---|---|
| Designation | Chief Financial Officer | Chief Financial Officer |
| Reason for Change | Resignation due to personal commitments | Appointment following board approval |
| Cessation/Appointment Date | July 10, 2026 | July 10, 2026 |
The transition includes the comprehensive handover of all records and responsibilities by Mr. Jatin Kumar to ensure business continuity within the organization.
Stock Price Movement
Western Overseas Study Abroad Ltd. settled at ₹19.00 on Friday, slipping by 2.56% in post-market trading. The shares spent the day moving within an intraday range, falling from a low of ₹19.00 to the high of ₹19.50.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.