Global Infratech and Finance Limited Announces CFO Transition with Immediate Effect
Global Infratech and Finance Limited completed a CFO transition on January 21, 2026, with Krishan Lal Sharma's voluntary resignation for better business opportunities and H Raghuram Shetty's immediate appointment. Shetty brings extensive banking experience from Vijaya Bank since 1971, including international training at Strathclyde University, Glasgow. The board meeting from 14:00 to 15:15 hours approved both changes following Nomination & Remuneration Committee recommendations, ensuring regulatory compliance under SEBI LODR Regulations.
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Global Infratech and Finance Limited has executed a seamless Chief Financial Officer transition, with the board approving both the resignation of Krishan Lal Sharma and the appointment of H Raghuram Shetty as the new CFO, effective January 21, 2026.
Board Meeting Outcomes
The company's board meeting, held on January 21, 2026, from 14:00 to 15:15 hours, addressed the key management personnel changes following the Nomination & Remuneration Committee's recommendations. The board formally accepted Sharma's resignation and simultaneously approved Shetty's appointment to ensure continuity in the CFO role.
Outgoing CFO Details
The regulatory disclosure under SEBI LODR Regulations, 2015, provides comprehensive details about the leadership transition:
| Parameter: | Details |
|---|---|
| Outgoing CFO: | Mr. Krishan Lal Sharma |
| Resignation Reason: | Voluntary - Better Business Opportunities |
| Resignation Date: | January 21, 2026 |
| Confirmation: | No other material reasons provided |
Sharma's resignation letter, dated January 21, 2026, from New Delhi, expressed gratitude to the management for their cooperation and support during his tenure. He specifically requested the board to inform exchanges, ROC, and other authorities about his resignation in a timely manner.
New CFO Profile and Qualifications
H Raghuram Shetty brings substantial financial sector experience to his new role as CFO. His professional background demonstrates extensive banking expertise:
| Qualification: | Details |
|---|---|
| Education: | BSC, MA, LLB, CAIB |
| Career Start: | Vijaya Bank (1971) |
| Banking Experience: | Deputy Manager, Multiple Locations |
| International Training: | 6 months at Strathclyde University, Glasgow, UK |
| Service Locations: | Chandigarh, Rajasthan, Delhi, Bhopal, Baroda, Bengaluru, Vishakhapatnam |
Regulatory Compliance
The company has fulfilled all regulatory requirements under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure confirms that Shetty has not been debarred from holding office by SEBI or any other authority, as required under BSE circular LIST/COMP/14/2018-19 and NSE circular NSE/CML/2018/24.
Leadership Transition Impact
The immediate effective date of both the resignation and appointment ensures uninterrupted financial leadership for Global Infratech and Finance Limited. Shetty's extensive banking background, spanning over five decades since 1971, positions him well to handle the CFO responsibilities. His international exposure through training at Strathclyde University, Glasgow, adds valuable global perspective to his financial expertise.
The smooth transition reflects the company's proactive approach to key management changes, with the board ensuring proper succession planning and regulatory compliance throughout the process.
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