Vesuvius India Limited announced a transition in its top finance role following a Board meeting on February 26, 2026. Mr. Neeraj Kumar Jumrani will be appointed as the new Chief Financial Officer effective March 16, 2026. This follows the acceptance of the resignation of the current interim CFO, Mr. Subhabrata Nandi, whose last working day will be March 15, 2026. Mr. Jumrani brings over 20 years of extensive finance leadership experience from the Linde Group.
Board Approves Key Management Change
Vesuvius India Limited officially informed the stock exchanges regarding a significant change in its key management personnel following the Board of Directors meeting held on February 26, 2026. The Board approved the appointment of a new Chief Financial Officer (CFO).
New CFO Appointment Details
Mr. Neeraj Kumar Jumrani has been appointed as the Chief Financial Officer of the Company. His tenure will commence with effect from March 16, 2026. His appointment is based on his extensive background in finance within the manufacturing sector.
Profile Summary of Mr. Neeraj Kumar Jumrani
- Mr. Jumrani is a qualified Chartered Accountant and holds a Bachelor of Commerce (Honours) degree from St. Xavier’s College, Kolkata.
- He possesses over 20 years of experience with the Linde Group, holding senior finance leadership roles across various geographies, including Indonesia, the Philippines, Vietnam, Singapore, and Malaysia.
- He currently serves as the Chief Financial Officer and Finance Director of Linde India Limited, a listed entity based in Kolkata.
- His areas of expertise cover corporate and business finance, FP&A, treasury, taxation, capital expenditure, and business transformation initiatives, including M&A activity and supply chain process optimisation.
- There are no disclosures of relationships between Mr. Jumrani and any existing directors of Vesuvius India Limited.
Interim CFO Resignation
The Board also formally accepted the resignation of Mr. Subhabrata Nandi from the position of interim Chief Financial Officer. Mr. Nandi’s resignation will be effective from the close of business hours on March 15, 2026. Mr. Nandi expressed gratitude for the trust placed in him by the Management and the Board during his tenure.
Transition Timeline
The transition period is highly compressed, with the final day for the outgoing interim CFO being March 15, 2026, and the new CFO commencing his role the very next day, March 16, 2026.
Source: BSE
