MUMBAI: Texmaco Rail & Engineering Ltd. has announced significant management changes to enhance its financial oversight and regulatory framework.
Following a board meeting today, the company approved key appointments based on recommendations from the nomination and remuneration committee.
From 1 April 2025, Kishor Kumar Rajgaria will take over as chief financial officer (CFO). Previously serving as Joint CFO and company secretary, he has over two decades of experience in business planning, taxation, internal audit, and governance. His contributions have been integral to Texmaco’s financial strategy and compliance framework.
Additionally, Manaksia, SREI, and Emami veteran Sandeep Kumar Sultania will assume the role of company secretary & compliance officer. A seasoned professional with 27 years of experience, he has held management positions in these companies. As a chartered accountant, company secretary, & cost & management accountant, he brings extensive expertise in strategic finance, auditing, and regulatory compliance.
Commenting on the changes, vice chairman & executive director Indrajit Mookerjee said, “These management changes mark an exciting phase for Texmaco Rail & Engineering Rajgaria and Sultania’s extensive expertise and proven track records will play a vital role in further enhancing the company’s financial strength and compliance framework. I am confident that under their leadership, Texmaco will continue to achieve milestones in its growth journey.”
Managing director Sudipta Mukherjee added, “We are delighted to welcome Sultania into the management team and congratulate Rajgaria on his new role. Their appointments reflect our dedication to building a resilient organisation poised to meet evolving industry demands. Both head bring invaluable experience and strategic acumen, which will undoubtedly reinforce Texmaco’s commitment to operational excellence and sustainable growth.”
These appointments underscore Texmaco Rail’s commitment to strengthening its corporate governance and financial strategy, ensuring a solid foundation for future growth.
