JNK India's interim CFO resigns as Praveen Sood named CFO
- Management change
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Reviewed byRachit TripathiBlacklitt Research
JNK India (NSE: JNKINDIA) has accepted the resignation of Anand Agarwal as Interim Chief Financial Officer and Key Managerial Personnel, and appointed Praveen Sood as Chief Financial Officer and KMP with effect from 12 Nov 2026, it said in a filing on 5 Nov 2026. Agarwal's resignation takes effect at the close of business on 5 Nov 2026.
Resignation and appointment in detail
Anand Agarwal tendered his resignation from the services of JNK India with effect from the close of business hours on 5 Nov 2026, to pursue other professional opportunities, the company says. He ceases to be a KMP under Section 203 of the Companies Act, 2013, and an authorised person under Regulation 30(5) of the Listing Regulations from the same time.
The Board, on the recommendation of the Nomination and Remuneration Committee and the Audit Committee, approved the appointment of Praveen Sood as Chief Financial Officer and KMP with effect from 12 Nov 2026. The company says Sood is a Chartered Accountant and Commerce graduate from Delhi University with 37 years of experience in corporate leadership, financial management, business strategy and governance.
Sood spent a significant part of his career with Tata Steel, including as Chief - Corporate & International Taxation and Chief Investor Relations. He was later Vice President (Finance) at TRL Krosaki and Executive Vice President at Jindal Renewables.
Authorised persons after the change
The Board has authorised Sood and Company Secretary and Compliance Officer Ashish Soni as authorised persons under Regulation 30(5) for determining materiality of events and making disclosures to the stock exchanges. The change was approved at a board meeting that began at 4:43 p.m. and concluded at 5:36 p.m. on 5 Nov 2026, the same meeting that considered the quarter's results.
The filing does not state a reason beyond the stated pursuit of other professional opportunities, and it does not say whether an interim officer covers the period between 5 Nov and 12 Nov 2026. Sood's remuneration and terms of appointment are not stated.
What the CFO change means for JNK India's shareholders
The change replaces the interim finance head with a named CFO and KMP; the filing gives no financial figures for the change. The company's market value is ₹2,213 crore at the 5 Nov 2026 close of ₹395.50 a share, and the change does not come with any stated cost. The filing does not say whether Agarwal's departure relates to the results or any dispute, and it gives no remuneration for Sood. The next dated step is Sood taking office on 12 Nov 2026.
At a glance
| Item | Detail |
|---|---|
| Resigning officer | Anand Agarwal, Interim CFO and KMP |
| Resignation effective | 5 Nov 2026, close of business |
| Appointed officer | Praveen Sood, CFO and KMP |
| Appointment effective | 12 Nov 2026 |
| Filed on | 5 Nov 2026 |
Filed with NSE on . Reference: Original filing (PDF)
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