Jupiter Wagons has announced the appointment of Vinod Kumar Agarwal as its new Chief Financial Officer (CFO) with effect from September 24, 2025. This decision, approved by the Board of Directors based on recommendations from the Nomination and Remuneration Committee, strengthens the company’s financial leadership. Agarwal will also serve as a Key Managerial Personnel as per the Companies Act, 2013 and Listing Regulations.
CFO Appointment
Vinod Kumar Agarwal has been appointed as the Chief Financial Officer (CFO) and Key Managerial Personnel of Jupiter Wagons, effective September 24, 2025. This appointment was approved by the Board of Directors at its meeting held on the same date.
Key Highlights
The decision to appoint Agarwal follows recommendations from the Nomination and Remuneration Committee and the Audit Committee. As CFO, Agarwal will be responsible for managing the company’s financial operations and strategies.
Leadership Transition
With the new appointment, Vinod Kumar Agarwal will be one of the Key Managerial Personnel authorized to determine the materiality of events and information for disclosures to the stock exchange(s), replacing Sanjiv Keshri in this role. Other Key Managerial Personnel remain unchanged.
Brief Profile
Vinod Kumar Agarwal brings 17 years of experience driving business growth and strengthening organizations. His expertise includes financial planning and analysis, fundraising and investments, accounts and audit, business process re-engineering, SOPs and internal controls, budgeting and cost control, treasury and working capital, ERP implementation, taxation, corporate governance, investor relations, compliance, and IT integration.
He specializes in financial planning, budgeting, and costing to align organizational strategy with operational goals and is skilled in analyzing financial data and delivering insightful, value-driven reports through collaboration with strategic business units. Agarwal is proficient in variance analysis, integrated financial modeling, and strategic evaluation, enabling informed decision-making and driving sustainable business growth, profitability, and operational excellence.
Source: BSE
