NewsStocksFinelistings Technologies Reshuffles Leadership: New CFO, Director Appointed Amid Board ChangesFinelistings Technologies Reshuffles Leadership: New CFO, Director Appointed Amid Board Changes
FTL has made significant changes to its leadership team and board structure. Mr. Prateek Malhotra has been appointed as the new CFO, bringing extensive experience in sales, business strategy, and marketing. Ms. Monam Kapoor joins as an Additional Non-Executive and Independent Director. Mr. Chirag Mittal has resigned from his position as Non-Executive and Independent Director. The company has also reconstituted its Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee with new appointments and designations.
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FTL has announced significant changes to its leadership team and board structure, effective November 17, 2025. The company's board meeting, which concluded at 3:30 P.M., resulted in several key appointments and resignations, along with the reconstitution of various committees.
New Appointments
FTL has appointed Mr. Prateek Malhotra as its new Chief Financial Officer (CFO). Malhotra brings a decade of experience in managing sales, business strategy, marketing, and channel development across E-Commerce, Retail, Fintech, Banking, and Edtech industries. His expertise in end-to-end customer integration is expected to contribute to the company's revenue generation goals and enhance customer experience.
Additionally, Ms. Monam Kapoor (DIN: 09278005) has been appointed as an Additional Non-Executive and Independent Director. Kapoor, who has served as the Authorised Representative for Techtone (HK) Energy Company's Liaison Office since July 2021, has cleared the Independent Director Examination under IICA.
Board Resignation
The company has accepted the resignation of Mr. Chirag Mittal (DIN: 10229577) from his position as Non-Executive and Independent Director. Mittal cited personal reasons for his departure, effective immediately. The company confirmed that there are no material reasons for his resignation other than those stated in his resignation letter.
Committee Reconstitutions
Following these changes, FTL has reconstituted its key committees:
Audit Committee (AC)
| Sr. No. | Name of Director | Category | Designation |
|---|---|---|---|
| 1. | Ms. Monam Kapoor | Chairperson | Non-Executive Independent Director |
| 2. | Ms. Drashtiben Prafulbhai Dedaniya | Member | Non-Executive Independent Director |
| 3. | Mr. Aneesh Mathur | Member | Non-Executive Non-Independent Director |
Nomination and Remuneration Committee (NRC)
| Sr. No. | Name of Director | Category | Designation |
|---|---|---|---|
| 1. | Ms. Monam Kapoor | Chairperson | Non-Executive Independent Director |
| 2. | Ms. Drashtiben Prafulbhai Dedaniya | Member | Non-Executive Independent Director |
| 3. | Mr. Mahavir Kumar Bothra | Member | Non-Executive Non-Independent Director |
Stakeholders Relationship Committee (SRC)
| Sr. No. | Name of Director | Category | Designation |
|---|---|---|---|
| 1. | Mr. Mahavir Kumar Bothra | Chairperson | Non-Executive Non-Independent Director |
| 2. | Mr. Arjun Singh Rajput | Member | Managing Director |
| 3. | Ms. Monam Kapoor | Member | Non-Executive Independent Director |
These changes in FTL's leadership and board structure are part of the company's ongoing efforts to strengthen its corporate governance and management team.
