Key Management Changes

Departures:

  • Mr. Pralhad Bhutada's employment as Managing Director and Chief Executive Officer of Elica India will conclude at close of business hours on March 31, 2027 upon expiration of his employment agreement.
  • Mr. Nishant Hundiwala, Chief Financial Officer of Elica India, has tendered his resignation effective March 31, 2027 for personal reasons.

Appointments:

  • Mr. Anish Ahuja, current Chief Operating Officer (since September 1, 2026), will take over as Managing Director of Elica India effective April 1, 2027. He will report to the Chairman of the Board of Elica India.
  • Mr. Abhish Jain, current Director Finance at Whirlpool of India Limited, will move as Chief Financial Officer of Elica India effective April 1, 2027. He will report to the Managing Director of Elica India.

Executive Profiles

Mr. Anish Ahuja (Incoming Managing Director):

  • Brings over 32 years of experience, including more than 26 years at Whirlpool of India Limited
  • Previously served as Vice President - Service at Whirlpool of India Limited, managing full responsibility of Service P&L and reporting to the Managing Director
  • Educational qualifications: Bachelor's Degree in Mechanical Engineering from Pune University and Master's Degree in Business Administration from Symbiosis Institute of Management Studies, Pune

Mr. Abhish Jain (Incoming CFO):

  • Member of the Institute of Chartered Accountants of India
  • Has experience handling multiple roles across Finance function including commercial finance, financial planning and analysis, and manufacturing finance within and outside India