Monarch Surveyors Appoints Sanjay Kandhari as Chief Financial Officer
Monarch Surveyors and Engineering Consultants Limited appointed Mr. Sanjay Premkumar Kandhari as Chief Financial Officer and Key Managerial Personnel effective February 06, 2026. The appointment was approved by the Board of Directors following the Nomination and Remuneration Committee's recommendation. Mr. Kandhari is a qualified Chartered Accountant with over 25 years of experience, having managed organizations with revenues up to Rs. 1,190 crores and successfully secured funding of over Rs. 485 crores across manufacturing, infrastructure, shipping, FMCG, and services sectors.
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Monarch Surveyors and Engineering Consultants Limited has announced the appointment of Mr. Sanjay Premkumar Kandhari as Chief Financial Officer and Key Managerial Personnel, effective February 06, 2026. The appointment was approved by the Board of Directors at their meeting held on February 06, 2026, following the recommendation of the Nomination and Remuneration Committee.
Board Meeting Details
The Board Meeting commenced at 4:00 P.M. and concluded at 4:35 P.M. on February 06, 2026. The company has made this disclosure pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
| Parameter: | Details |
|---|---|
| Appointment Date: | February 06, 2026 |
| Position: | Chief Financial Officer |
| Designation: | Key Managerial Personnel |
| PAN: | AJLPK1592P |
Professional Background
Mr. Sanjay Premkumar Kandhari brings extensive experience to his new role as CFO. He is a qualified Chartered Accountant with over 25 years of post-qualification experience, including leadership roles as CFO and GM–Finance across diverse sectors including manufacturing, infrastructure, shipping, FMCG, and services.
Key Expertise Areas
Mr. Kandhari's professional expertise encompasses several critical areas:
- Fund Raising and Capital Markets: Successfully secured funding of over Rs. 485 crores
- Strategic Transactions: Experience in IPOs, mergers & acquisitions, and financial restructuring
- Financial Management: Led organizations with revenues up to Rs. 1,190 crores
- Compliance and Reporting: Strong exposure to SEBI/LODR, RBI, MCA, tax, and audit compliance
International and Domestic Experience
The newly appointed CFO has worked across both domestic and international markets, including acquisitions in Australia and financial management experience in UAE. He has led due diligence processes with Big 4 firms and implemented IND AS and US GAAP reporting standards.
| Experience Area: | Details |
|---|---|
| Revenue Management: | Up to Rs. 1,190 crores |
| Fund Raising: | Over Rs. 485 crores |
| International Markets: | Australia, UAE |
| Reporting Standards: | IND AS, US GAAP |
Strategic Value Addition
Mr. Kandhari's appointment is expected to strengthen the company's financial leadership capabilities. His experience spans strategic planning, risk assessment, and portfolio management, along with expertise in operational cost optimization. He combines strategic financial leadership with investor relations and operational excellence, having demonstrated success in driving growth, efficiency, and compliance across diverse business environments.
The company has indicated that detailed information regarding this appointment will be made available on their website at https://www.monarchconsultants.in/ .
