Transcorp International Limited has announced a change in its Chief Financial Officer role. Rajesh Garg has resigned as CFO, effective November 4, 2026, to focus on his responsibilities as Executive Director. Concurrently, the board has approved the appointment of Mukesh Kumar Mittal as the new CFO and Key Managerial Personnel, effective November 5, 2026. Mittal brings approximately 19 years of experience in finance.
Leadership Transition at Transcorp International
Transcorp International Limited has officially notified stakeholders of a significant leadership change within its finance department. Rajesh Garg, who has been serving as the Executive Director and Chief Financial Officer (CFO) & Key Managerial Personnel (KMP), has tendered his resignation from the CFO position. This resignation is effective from the close of business hours on November 4, 2026. Mr. Garg will continue in his roles as Executive Director and KMP, shifting his focus to other responsibilities within the Transcorp Group.
New CFO Appointment
Following Mr. Garg’s resignation, the Board of Directors, upon the recommendation of the Nomination and Remuneration Committee and the Audit Committee, has approved the appointment of Mukesh Kumar Mittal as the new Chief Financial Officer (CFO) and Key Managerial Personnel (KMP). Mr. Mittal’s appointment is effective from November 5, 2026. He holds an MBA in Finance and possesses around 19 years of experience in financial planning, analysis, corporate finance, budgeting, and financial operations. His expertise is expected to strengthen the company’s financial management and reporting capabilities.
Resignation Details
The company has confirmed that Mr. Garg’s resignation from the CFO role is to focus on existing responsibilities as Executive Director and to uphold transparency and corporate governance. He has also confirmed that there are no other material reasons for his resignation beyond what has been stated.
Source: BSE
