GMM Pfaudler gets Ankit Nayyar as group CFO as Alexander Poempner exits
- Management change
- process equipment
Reviewed byRachit TripathiBlacklitt Research
GMM Pfaudler (NSE: GMMPFAUDLR) said in a filing on 4 Nov 2026 that Ankit Nayyar assumed office as Group Chief Financial Officer and Key Managerial Personnel with effect from 4 Nov 2026, pursuant to Alexander Poempner's request for early relieving. The board also approved results for the quarter ended 30 Sep 2026, with consolidated revenue of ₹1,064.62 crore.
Key highlights
- Ankit Nayyar effective as Group CFO and KMP: 4 Nov 2026
- Alexander Poempner relieving requested from close of business: 3 Nov 2026
- Poempner available for support until: 31 Dec 2026
- Consolidated revenue, quarter ended 30 Sep 2026: ₹1,064.62 crore
The CFO change in numbers
| Item | Detail |
|---|---|
| Incoming Group CFO and KMP | Ankit Nayyar |
| Effective date for Nayyar | 4 Nov 2026 |
| Outgoing Group CFO and KMP | Alexander Poempner |
| Relieving requested from | Close of business hours on 3 Nov 2026 |
| Reason given | Personal exigencies (board outcome); personal reasons (email) |
| Available for support until | 31 Dec 2026 |
| Consolidated revenue, quarter ended 30 Sep 2026 | ₹1,064.62 crore |
| Consolidated profit before tax, quarter ended 30 Sep 2026 | ₹50.28 crore |
Ankit Nayyar took office as Group CFO on 4 Nov 2026
Ankit Nayyar assumed office as Group Chief Financial Officer and Key Managerial Personnel of GMM Pfaudler Limited with effect from 4 Nov 2026. The filing says the change followed Alexander Poempner's request for early relieving, made owing to personal exigencies.
In a handover email dated 3 Nov 2026, Poempner asked the board to relieve him of his Group CFO and KMP responsibilities with immediate effect, at the close of business hours on 3 Nov 2026. He wrote that Nayyar is ready to assume the responsibilities of Group CFO.
His resignation letter is dated 15 Sep 2026, and his resignation as Class A Manager of GMM International Sarl took effect on 30 Oct 2026. The email says he could not attend the Q2 FY27 Board Meeting as planned and gives personal reasons.
Revenue rose 18.0% while profit before tax fell 18.5%
The same board meeting approved unaudited standalone and consolidated results for the quarter and half year ended 30 Sep 2026, with limited review reports from the statutory auditors. Consolidated revenue from operations was ₹1,064.62 crore for the quarter, against ₹902.34 crore for the quarter ended 30 Sep 2025 as restated.
Consolidated profit before tax for the quarter was ₹50.28 crore, against ₹61.69 crore for the same quarter a year earlier as restated. For the half year ended 30 Sep 2026, consolidated revenue from operations was ₹1,989.38 crore and profit before tax was ₹90.48 crore.
What the CFO change and results mean for GMM Pfaudler's shareholders
The filing reports a change in the Group CFO and KMP, alongside quarterly results in which consolidated profit before tax was ₹50.28 crore. It does not say who will take on the finance role after the transition, what arrangements apply to either executive, or why profit before tax moved as it did.
The next dated step in the filing is 31 Dec 2026, until which Poempner remains available to the company for support.
Filed with BSE on . Reference: Original filing (PDF)
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