Choice International Limited has announced significant leadership changes within its finance department. Mr. Manoj Singhania has resigned as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) to take on new responsibilities within the Group, effective August 10, 2026. Concurrently, Mr. Ayush Sharma has been appointed as the new CFO and KMP, bringing over 14 years of financial management experience to the role.
Key Leadership Transition in Finance
Choice International Limited has formally notified the stock exchanges regarding a crucial change in its top finance leadership. Mr. Manoj Singhania has tendered his resignation from the position of Chief Financial Officer (CFO) and Key Managerial Personnel (KMP). This change is effective from the close of business hours on August 10, 2026, as Mr. Singhania will be transitioning to other responsibilities within the broader Choice International Group. The Board of Directors has acknowledged and accepted his resignation, expressing appreciation for his contributions.
Appointment of New CFO
Following Mr. Singhania’s departure from the CFO role, the Board of Directors, upon the recommendation of the Nomination and Remuneration Committee and the Audit Committee, has approved the appointment of Mr. Ayush Sharma as the new Chief Financial Officer (CFO) and Key Managerial Personnel (KMP). This appointment also takes effect from August 10, 2026. Mr. Sharma is a seasoned finance professional with more than 14 years of extensive experience across financial management, strategic planning, corporate finance, and regulatory compliance. His international exposure is expected to further strengthen the company’s financial strategies and operational efficiency.
Confirmation of No Material Reasons
In accordance with regulatory requirements, Mr. Singhania has confirmed that his resignation is not due to any material reasons beyond the stated transition to other group responsibilities. Similarly, the disclosure document for Mr. Sharma’s appointment highlights his robust track record in driving financial strategy, enhancing governance, and optimizing capital allocation.
Source: BSE
