Key Management Changes
Resignation
- Mr. Kunjal Mehta resigned as Chief Financial Officer and Key Managerial Personnel of the Company
- Effective from close of business hours on May 30, 2026
- Reason for resignation: Personal reasons
- Formal resignation letter submitted and enclosed as Annexure B
Appointment
- Mr. Ashok Jagetiya appointed as new Chief Financial Officer and Key Managerial Personnel
- Effective from May 31, 2026
- Appointment based on recommendations of Nomination and Remuneration Committee and Audit Committee
- Full-time employment term
Board Meeting Details
- Meeting held on May 30, 2026
- Commenced at 12:20 PM
- Concluded at 1:25 PM
New CFO Profile
Mr. Ashok Jagetiya is a Chartered Accountant with 30 years of experience in finance and accounting disciplines. His expertise includes:
- Financial management and strategy
- Capital allocation and operations
- Merger & acquisition
- Governance and statutory compliance
- Risk management
Industry Experience
- FMCG, Energy sectors
- Associated with Adani Group since 2000
- Served at senior leadership positions across multiple group businesses
- 8 years in Singapore working across Group's international green energy and natural resource businesses
- Global experience in trade finance, cross-border operations, and strategic business management
Previous Positions
- Chief Financial Officer at Adani Green Energy Limited
- Chief Financial Officer at Adani Global Pte Limited, Singapore
- Part of Adani Leadership Acceleration Program
Updated Key Managerial Personnel List
- Mr. Anil Sardana (Managing Director)
- Mr. Kandarp Patel (Whole-time Director & CEO) - Contact: aesl.secretarial@adani.com, 079-25555 366
- Mr. Ashok Jagetiya (Chief Financial Officer)
- Mr. Jaladhi Shukla (Company Secretary & Compliance Officer)
Additional Information
- Disclosure available on company website: www.adanienergysolutions.com
- Company CIN: L40300GJ2013PLC077803