Key Management Changes

1. Resignation of Chief Executive Officer

  • Mr. Rajan Sethuraman resigned from his position as Chief Executive Officer (Key Managerial Personnel) of the Company.
  • Resignation was submitted via email on July 14, 2026.
  • Effective immediately from July 15, 2026, at close of business hours.
  • The Board accepted his resignation and appointed him as Strategic Advisor to the Chief Executive Officer effective July 15, 2026 to ensure smooth transition.
  • Mr. Sethuraman will be available for up to six months to support the handover process.

2. Appointment of New Chief Executive Officer

  • Ms. Sonal Ramrakhiani appointed as Chief Executive Officer (Senior Management Personnel) of the Company.
  • Appointment effective from July 15, 2026.
  • Term of appointment: Full-time employment.
  • Appointment follows comprehensive evaluation by the Nomination and Remuneration Committee and Board members.

Background and Context

Mr. Rajan Sethuraman's Tenure

  • Joined LatentView in 2016 as Chief People Officer
  • Assumed CEO role in 2019
  • Led the company through its successful IPO in November 2021, which was oversubscribed multiple times and listed at a strong premium
  • Oversaw the acquisition of Decision Point
  • Guided company through 20th anniversary year in 2026
  • Completed decade-long journey with the organization

Ms. Sonal Ramrakhiani's Profile

  • Brings more than two decades of global leadership experience
  • Strong track record of scaling market-facing organizations and building trusted client partnerships
  • Experience in converting emerging technology trends into sustainable business growth
  • Most recently led the Wipro Engineering Edge business unit in the Americas
  • Alumnus of prestigious Tata Administrative Services (TAS)
  • Held several senior leadership roles across Tata Group, including Chief Operating Officer and President – Sales (Automotive) at Tata Technologies
  • Not related to any Director or KMP of the Company

Management Commentary

Mr. A.V. Venkatraman, Chairperson, acknowledged Mr. Sethuraman's "exceptional stewardship" through the IPO and Decision Point acquisition, leaving a "remarkable legacy and rock-solid foundation." Regarding the new CEO, he stated Ms. Ramrakhiani's "global expertise, deep customer focus, and proven track record of scaling high-performing businesses make her uniquely qualified to drive LatentView's next chapter of growth in AI and analytics."