Radico Khaitan Limited has announced significant leadership changes, appointing its Chief Financial Officer, Dilip Kumar Banthiya, as an Additional Whole-time Director, designated as Executive Director & CFO. The company also appointed Saket Somani as Deputy Chief Financial Officer. These appointments, effective October 28, 2026, are intended to strengthen the company’s governance, financial strategy, and next-generation leadership as it pursues premium-led growth.
Leadership Appointments to Enhance Governance and Strategy
Radico Khaitan Limited has made key appointments aimed at bolstering its leadership structure and financial oversight. At a Board meeting held on October 27, 2026, the company approved the appointment of Dilip Kumar Banthiya, currently the Chief Financial Officer, as an Additional Director in the category of Whole-time Director. He will be designated as Executive Director and Chief Financial Officer, with his tenure of 3 Years commencing from October 28, 2026, subject to shareholder approval.
New Deputy CFO to Drive Financial Planning
In a parallel move, Saket Somani, Senior Vice President- Finance & Strategy and Senior Management Personnel, has been designated as the Deputy Chief Financial Officer of the Company. This appointment is also effective from October 28, 2026. These appointments signify a move towards strengthening the company’s financial management capabilities and preparing for future growth phases.
Strengthening Financial and Strategic Leadership
The company highlighted that bringing the CFO onto the Board integrates deep financial and capital allocation expertise into the highest decision-making forum. At the management level, Saket Somani’s elevation is expected to bring an expanded mandate across strategy, financial planning, investor relations, and information technology. This is particularly relevant as Radico Khaitan enters its next phase of premium-led growth. The new structure aims to create a clear division of responsibilities within the finance function, with the Executive Director & CFO providing Board-level oversight and the Deputy CFO leading financial planning and investor engagement.
Experience and Vision of Appointees
Dilip K. Banthiya brings over 35 years of experience across corporate finance, M&A, international fund raising, and risk management. He has been associated with Radico Khaitan for over 18 years, during which he has led the Company’s finance function and strengthened its governance frameworks. Saket Somani, a Chartered Accountant, has approximately 20 years of experience in corporate finance, strategy, and investment banking. He joined Radico Khaitan in 2020 and has since served as Senior Vice President – Finance & Strategy, overseeing financial planning, control, and investor relations.
Source: BSE
