Kalyani Investment Company Limited (KICL) has announced a significant change in its leadership structure. The Board of Directors has approved the appointment of Mr. Anurag Jain as both Chief Executive Officer (CEO) and Chief Financial Officer (CFO), effective November 14, 2025.

Leadership Transition

Mr. Jain brings over 11 years of progressive experience in finance, accounting, and business performance management to his new roles at KICL. As a Chartered Accountant, he has demonstrated expertise in various aspects of financial management and strategic planning.

Professional Background

Anurag Jain's career highlights include:

• Expertise in financial reporting, budgeting, costing, and strategic planning across manufacturing and consulting sectors
• Successfully led SAP S/4HANA ERP and GST implementation projects, driving process integration and compliance
• Strong analytical skills supporting effective variance analysis, MIS reporting, and cost optimization
• Extensive experience in financial statement finalization and working capital management
• Proven ability to strengthen internal controls, regulatory compliance, and SOP frameworks across multi-location operations

Ongoing Professional Development

It's worth noting that Mr. Jain is currently pursuing ACCA (U.K.), which is expected to further enhance his global financial and strategic expertise.

Company's Strategic Move

This appointment aligns with KICL's focus on strengthening its financial management and strategic planning capabilities. As an investment company, KICL's primary source of income is through dividends on investments held, making strong financial leadership crucial for its continued success.

The company's decision to combine the CEO and CFO roles under Mr. Jain's leadership suggests a strategic move to integrate financial expertise more closely with overall business strategy and operations.

Market Response

As of the announcement, the impact on KICL's stock performance was not immediately available. However, such significant leadership changes often draw investor attention and may influence market perceptions of the company's future direction.

Kalyani Investment Company Limited's appointment of Anurag Jain as both CEO and CFO marks a notable shift in its executive structure, potentially setting the stage for enhanced financial strategy and management in the coming years.

Kalyani Investment Company Limited (KICL) has announced the resignation of its Chief Executive Officer and Chief Financial Officer, Shekhar D. Bhivpathaki. The company disclosed this information in a regulatory filing to the stock exchanges on October 29, 2025.

Key Details of the Resignation

Regulatory Compliance

The company has made this announcement in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. KICL has also provided additional details as required under SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Bhivpathaki's Farewell

In his resignation letter, Bhivpathaki expressed gratitude to the Chairman and Board of Directors for the opportunity to work with the company. He stated, "I consider the time spent in this organization to be most learning and rewarding." He also thanked the staff for their support and confidence during his tenure.

Transition Process

Bhivpathaki has committed to completing all handover formalities by his last day of service. The company has not yet announced any information regarding his successor or interim arrangements for the CEO and CFO positions.

This development marks a significant change in the top management of Kalyani Investment Company Limited. Investors and stakeholders will likely be watching closely for any announcements regarding the appointment of a new CEO and CFO in the coming weeks.