Rallis India Limited announced the appointment of Mr. Bhaskar Swaminathan as the Chief Financial Officer (CFO) effective August 7, 2025. This decision follows the relieving of Ms. Subhra Gourisaria from her role as CFO, effective July 24, 2025, as she joins another Tata Company.
| Particulars | Details |
|---|---|
| Relieving of CFO | Ms. Subhra Gourisaria |
| Effective Date of Relieving | July 24, 2025 |
| Appointment of CFO | Mr. Bhaskar Swaminathan |
| Effective Date of Appointment | August 7, 2025 |
Detailed Analysis
The Board of Directors, based on the recommendations of the Audit Committee and the Nomination and Remuneration Committee, has appointed Mr. Bhaskar Swaminathan as the new CFO. Mr. Swaminathan brings nearly 30 years of post-qualification experience across various industries. He is currently the Business Finance Head India at Tata Chemicals Ltd., a position he has held since 2020. His career includes leadership roles at Can-Pack India Pvt. Ltd., Syngenta India Ltd., Volkswagen Group, Sterlite Industries, and IHCL, among others.
Additional Context
Ms. Subhra Gourisaria is being relieved from her duties as she takes on a new role within another Tata Company. The transition is scheduled to take effect on July 24, 2025.
Market Impact
The change in leadership is a strategic move by Rallis India Limited to bring in experienced financial expertise. Mr. Swaminathan's extensive background is expected to contribute to the company's financial strategies and growth. The market will be watching how these changes influence the company's performance in the coming quarters.
