Ador Welding has appointed Pradnya Nitin Iyer as Head - HR, effective August 13, 2026. The company simultaneously redesignated Vinayak M. Bhide as Chief Compliance Officer and Company Secretary. These changes result from an internal restructuring of responsibilities and rationalization of portfolios.

The appointments were disclosed pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015. Aditya T. Malkani, Managing Director, signed the intimation letter dated August 13, 2026.

Management Changes

The company detailed the specific roles and effective dates in its regulatory filing:

Vinayak M. Bhide previously served as Head – HR. The company recorded appreciation for his contribution in that capacity before his move to compliance.

New Hire Profile

Pradnya Nitin Iyer brings over 26 years of experience to the role. Her background spans Human Resources, Organizational Development, Talent Management, Employee Engagement, and Leadership Development.

Her prior professional experience includes tenures at:

• Crystalline Infotek
• Neilsoft
• Lear Corp
• Sandvik
• Deepak Fertilisers & Petrochemicals
• Sulzer

The company stated that she has a track record of building high-performing teams and implementing people practices that support business growth. The intimation was uploaded to the company's website for public access.

Ador Welding has accepted the resignation of Surya Kant Sethia as Chief Financial Officer (CFO), effective August 14, 2026. The company simultaneously appointed Krishnamurthy Suryanarayan as the new CFO and Head – Strategy, who assumes the role with immediate effect on August 15, 2026. This leadership transition ensures continuity in financial management as Sethia departs to pursue opportunities outside the organization.

The Board of Directors approved these changes during a meeting held on July 30, 2026. The intimation was filed with the stock exchanges pursuant to Regulation 30 read with Para A(7) of Part A of Schedule III and other applicable provisions of the SEBI (LODR) Regulations, 2015. The disclosure also references SEBI Circular No SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Resignation of Outgoing CFO

Surya Kant Sethia tendered his resignation on July 30, 2026, citing personal reasons and a decision to pursue better professional opportunities. He will be relieved from his duties at the close of business hours on Friday, August 14, 2026. In his resignation letter, Sethia expressed gratitude for the trust and support received during his 11-year tenure with the company. He committed to ensuring a smooth transition and extending full support during the handover process.

Appointment of New CFO

Krishnamurthy Suryanarayan, a Chartered Accountant with over 25 years of experience, joins Ador Welding as a Key Managerial Personnel (KMP). His extensive background includes roles in business accounting, financial planning, treasury, forex management, mergers and acquisitions, and investor relations.

Suryanarayan’s career highlights include:

• RPG Life Sciences: Started as an Audit Manager in 1996; later headed finance for the Agro Chemical division until 2001.
• Godrej Consumer Products Ltd (GCPL): Headed Commercial and Logistics for the Western Region; served as CFO for the Africa business, which contributed over ₹2500 crore annually to GCPL.
• CEAT Ltd: Joined in July 2020 to head Business Partnering, working closely with Manufacturing and Commercial finance teams to improve productivity and margins.
• Astec Lifesciences Ltd: Served as CFO prior to joining Ador Welding.

Transition Details

The change in Key Managerial Personnel is detailed below:

The company acknowledged Sethia’s valuable contributions during his tenure. Suryanarayan’s immediate induction aims to maintain stability in the financial leadership team.