Key Managerial Personnel Change
Mr. Rajesh Choudhary tendered his resignation from the position of Chief Financial Officer (CFO) of the Company via letter dated October 08, 2026. The resignation was effective immediately from the close of business hours on October 08, 2026. The stated reason for resignation is pursuit of external career opportunities. Consequently, Mr. Choudhary ceased to be a Key Managerial Personnel (KMP) and Senior Management Personnel (SMP) of the Company from the close of business hours on October 08, 2026. However, he shall continue to remain in the employment of the Company.
Senior Management Personnel Appointment
Upon the recommendation of the Nomination and Remuneration Committee (NRC), the Board of Directors approved via circular resolution dated October 08, 2026, the inclusion of Mr. Anil Singal, Deputy Chief Financial Officer, as a Senior Management Personnel. His appointment is effective immediately from October 09, 2026, to oversee the Finance & Accounts (F&A) function.
Mr. Anil Singal is a qualified Chartered Accountant with over 27 years of experience, possessing deep expertise in the Alco-Bev industry. His career includes senior leadership roles at Whyte & Mackay, Radico Khaitan (from 2005), Allied Blenders and Distillers (from 2015), and most recently as Chief Financial Officer with Jagatjit Industries. His experience spans Corporate Accounting, Direct and Indirect Taxation, working with investors, fund-raising, and leading Supply Chain.
Next Steps
The Nomination & Remuneration Committee will identify and recommend a new Chief Financial Officer to the Board for appointment in due course.
Availability
The intimation is available on the company's website at www.tilind.com.