GMM Pfaudler has appointed Ankit Nayyar as Group Chief Financial Officer, effective November 4, 2026, succeeding Alexander Poempner who is resigning to pursue new opportunities.

Leadership transition details

The Board of Directors approved the change in its meeting held on September 15, 2026. Mr. Poempner will cease to be Group CFO and Key Managerial Personnel (KMP) following the conclusion of the Board Meeting that approves the unaudited financial results for Q2 FY27.

Mr. Poempner will continue with the organization until December 31, 2026, to ensure an orderly handover and provide transition support. The Board expressed appreciation for his leadership and contributions over the last five years.

Mr. Nayyar joined the company as Deputy CFO in May 2026. He brings nearly two decades of experience across pharmaceuticals, specialty chemicals, manufacturing, and financial services. His recent roles include CFO at PI Health Sciences and leadership positions at Bayer, Monsanto India, Pfizer, MSCI, and Tata AIG Life Insurance. He is a Chartered Accountant with a Masters' in Accounting & Finance from Manchester Business School (UK) and a B.Com from Shri Ram College of Commerce.

GMM Pfaudler Limited disclosed an off-market inter-se transfer of 23,480 equity shares among promoter group members on September 1 and 2, 2026.

The transaction was reported under Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The transfers involved three individuals within the promoter group: Mrs. Pragna Satish Patel, Mrs. Urmi Ashok Patel, and Mr. Tarak Patel.

Transaction Details

Pragna Satish Patel sold her entire holding of 23,480 equity shares. The shares were purchased by two other promoter group members in separate transactions executed on consecutive days.

Urmi Ashok Patel acquired 10,000 shares for ₹1,10,00,000 on September 1, 2026. Her holding increased from 23,60,022 shares (5.25%) to 23,70,022 shares (5.27%).

Tarak Patel purchased 13,480 shares for ₹1,48,28,000 on September 2, 2026. His stake rose from 5,21,880 shares (1.16%) to 5,35,360 shares (1.19%).

The company secretary, Mittal Kartik Mehta, signed the disclosure filed with BSE Limited and NSE Limited on September 3, 2026.