Vinati Organics Announces CFO Transition as N.K. Goyal Retires
Vinati Organics' Board has approved N.K. Goyal's retirement as CFO, effective November 5, 2025. Gulshan Kumar Sakhuja, 46, will take over as the new CFO on November 6, 2025. Sakhuja, a Chartered Accountant with over 20 years of experience, has been with Vinati Organics since December 2024. His expertise includes auditing, taxation, financial controls, and strategic financial management. The company has also updated its list of Key Managerial Personnel in line with regulatory requirements.

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Vinati Organics , a leading manufacturer of specialty chemicals, has announced a significant change in its top management. The company's Board of Directors has approved the retirement of N.K. Goyal as Chief Financial Officer (CFO) and the appointment of Gulshan Kumar Sakhuja as his successor, effective November 6, 2025.
Key Management Changes
- Retirement: N.K. Goyal will superannuate on November 5, 2025, concluding his tenure as CFO at the close of business hours on that day.
- New Appointment: Gulshan Kumar Sakhuja will take over as the new CFO, effective November 6, 2025.
About the New CFO
Gulshan Kumar Sakhuja, aged 46, brings a wealth of experience to his new role:
- Education: B.Com (Hons) from Delhi University and a Chartered Accountant
- Professional Experience: Over two decades in the field
- Association with Vinati Organics: Since December 2024
- Key Achievements: Successfully implemented SAP S/4HANA Cloud in the organization
Sakhuja's Expertise
Sakhuja's areas of oversight include:
- Auditing
- Direct and Indirect Taxation
- Internal Financial Controls
- MIS and Budgeting
- Cash Flow and Treasury Operations
- Capital Allocation
- Working Capital Management
- Risk Management
- Finalization of Accounts
His past experience encompasses corporate finance, business planning, acquisitions, fundraising, and strategic analysis. Sakhuja's immediate previous role was with HEG Limited, a flagship company of the LNJ Bhilwara Group, where he served as Chief Financial Officer.
Corporate Governance Update
In line with regulatory requirements, Vinati Organics has updated its list of Key Managerial Personnel authorized to determine the materiality of events or information:
| Sr. No. | Name | Designation |
|---|---|---|
| 1 | Mr. Vinod Saraf | Chairman |
| 2 | Ms. Vinati Saraf Mutreja | MD & CEO |
| 3 | Mr. Gulshan Kumar Sakhuja | CFO |
| 4 | Mr. Milind A Wagh | Company Secretary & Compliance Officer |
This management transition comes as Vinati Organics continues to strengthen its position in the specialty chemicals market. The company's strategic appointment of Sakhuja, with his extensive experience in financial management and corporate strategy, signals its commitment to maintaining strong financial leadership and governance.
Historical Stock Returns for Vinati Organics
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.73% | -1.46% | -1.21% | +3.14% | -10.94% | +47.08% |




































