Info Edge appoints Himanshu Agarwal as CFO and Additional Director
- Himanshu Agarwal appointed CFO and Additional Director effective September 17, 2026
- Naresh Chand Gupta joins as Non-Executive Independent Director from October 1, 2026
- Ambarish Raghuvanshi concludes tenure as Interim CFO but stays as Advisor till October 31, 2026
- Board reconstitutes Risk Management and BRSR committees to include new CFO
*this image is generated using AI for illustrative purposes only.
Info Edge (India) Limited appointed Himanshu Agarwal as Chief Financial Officer and Additional Director, effective September 17, 2026. The Board also approved Naresh Chand Gupta as an Additional Director in the independent category.
The leadership changes follow the conclusion of Ambarish Raghuvanshi’s tenure as Interim CFO, which ended on September 16, 2026. Mr. Raghuvanshi will continue as Finance Advisor until October 31, 2026, to facilitate a smooth transition of responsibilities.
Key Leadership Appointments
Mr. Himanshu Agarwal assumes office as Whole-time Director and Chief Financial Officer, subject to shareholder approval. He brings over three decades of experience in finance leadership, corporate governance, mergers and acquisitions, and business transformation across listed organizations in India and internationally.
Mr. Naresh Chand Gupta is designated as a Non-Executive Independent Director for a term of five consecutive years, from October 1, 2026 to September 30, 2031. This appointment is also subject to shareholder approval via Postal Ballot. Mr. Gupta previously served as an Independent Director on the company’s board until March 31, 2023.
Committee Reconstitution
The Board reconstituted the Risk Management Committee and the Business Responsibility and Sustainability Reporting Committee to include Mr. Agarwal as a member effective September 17, 2026.
| Committee | Chairperson | Members |
|---|---|---|
| Risk Management | Geeta Mathur | Sanjeev Bikhchandani, Hitesh Oberoi, Himanshu Agarwal |
| BRSR | Sanjeev Bikhchandani | Hitesh Oberoi, Himanshu Agarwal |
Mr. Raghuvanshi remains an invitee to the Risk Management Committee until October 31, 2026.
Governance Updates
The Board revised the authorization for determining materiality of events under Regulation 30(5) of the SEBI Listing Regulations. The authorized Key Managerial Personnel for disclosures include Executive Vice Chairman Sanjeev Bikhchandani, Managing Director and CEO Hitesh Oberoi, CFO Himanshu Agarwal, and Company Secretary Jaya Bhatia.
What the Numbers Show
The simultaneous appointment of a permanent CFO and an experienced independent director signals a stabilization of the company’s governance structure after a nearly ten-month interim period. The retention of the outgoing interim CFO as a Finance Advisor for over six weeks suggests a deliberate focus on operational continuity during this leadership handover.
Historical Stock Returns for Info Edge
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.12% | -5.95% | -2.43% | +28.08% | -9.74% | 0.0% |
How might Himanshu Agarwal's extensive M&A experience influence Info Edge's future acquisition strategy in the job portal and digital services sector?
What specific financial restructuring or cost-optimization initiatives can investors expect under the new CFO's leadership given the company's recent governance stabilization?
How does the reappointment of Naresh Chand Gupta as an Independent Director impact the board's oversight capabilities regarding ESG and sustainability reporting compliance?
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