WALCHANNAGWalchandnagar Industries Ltd.
Walchandnagar Industries appoints interim CFO and amends fair disclosure policy
- Management change
- Engineering
Reviewed byKeshav SehgalBlacklitt Research
Walchandnagar Industries (NSE: WALCHANNAG) has appointed Chandra Bhan Yadav as Interim Chief Financial Officer and Key Managerial Personnel with effect from 02 Nov 2026, until the board appoints a regular CFO, it said in a filing on 02 Nov 2026. The board also approved amendments to the company's Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information.
Who the interim CFO is and what he has done
Chandra Bhan Yadav is a qualified chartered accountant with over 18 years of experience in accounting, costing, banking and finance, taxation, working capital limits, budgeting, financial planning and analysis, and ERP, according to the filing.
He is currently Assistant General Manager (Accounting) and has been with the company since 2017. Before joining, the filing says he was associated with Sona Alloys Private Limited, IFFCO Kisan Sanchar Limited and PACL India Limited.
The board approved the appointment on the recommendation of the Nomination and Remuneration Committee and the Audit Committee. The filing says the disclosure of relationships between directors is not applicable.
Fair disclosure policy amended the same day
The board approved amendments to the company's fair disclosure code under Regulation 8 of the SEBI insider trading regulations, 2015. The amended policy, including a Policy for Determination of Legitimate Purposes, is enclosed with the filing and uploaded on the company's website.
The company's filing for the quarter ended 30 Sep 2026 was approved by the board the same day. Its standalone figures show total income of ₹98.15 crore, up 77.1% from a year earlier, and a net profit of ₹0.46 crore, according to Blacklitt's data.
What the CFO appointment means for Walchandnagar Industries' shareholders
The change concerns the finance leadership of the company. The filing gives no remuneration or other terms for the interim role, does not give the reason for the CFO vacancy, and does not say how or when a regular CFO will be appointed.
The appointment stands until the board names a regular CFO; the filing sets no date for that step.
At a glance
| Item | Detail |
|---|---|
| Interim CFO | Chandra Bhan Yadav |
| Effective date | 02 Nov 2026 |
| Current role | Assistant General Manager (Accounting) |
| With company since | 2017 |
| Filing date | 02 Nov 2026 |
Filed with BSE on . Reference: Original filing (PDF)
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