Rallis India Limited has announced a change in its Chief Financial Officer (CFO) role. Mr. Bhaskar Swaminathan will be relieved from his services effective November 4, 2026, as he moves to another Tata company. Concurrently, the Board has appointed Mr. Sridhar Radhakrishnan as the new CFO, also effective November 4, 2026.
Leadership Transition at Rallis India
Rallis India Limited has officially announced a significant change in its top finance leadership. In a board meeting held on August 20, 2026, the directors agreed to relieve Mr. Bhaskar Swaminathan from his position as Chief Financial Officer (CFO) effective November 4, 2026. This transition is due to Mr. Swaminathan’s upcoming move to a different company within the Tata Group.
New CFO Appointed
Following the recommendation of the Nomination and Remuneration Committee and the Audit Committee, the Board of Directors has appointed Mr. Sridhar Radhakrishnan as the new Chief Financial Officer. His appointment will also be effective from November 4, 2026. Mr. Radhakrishnan brings extensive experience to the role, with over 21 years in finance across various industries. His background includes work with organizations such as Tata Sons Private Limited, Tata Chemicals Limited, and Tata Teleservices Limited, and he holds qualifications as a Chartered Accountant.
Details of the Change
The formal disclosure, in compliance with SEBI Listing Regulations, provides details on the reasons for the change and the profile of the incoming CFO. Mr. Swaminathan’s resignation is a voluntary move due to his internal transfer within the Tata conglomerate. Mr. Radhakrishnan’s appointment is for a full-time employment term, leveraging his deep expertise in corporate and business finance.
These announcements were made following the board meeting that commenced at 4:45 p.m. (IST) and concluded at 5:05 p.m. (IST) on the same day. The company has also made this information available on its official website, www.rallis.com.
Source: BSE
