CTE NSE filing

CTE Appoints Raj Kumar Sehgal as Whole-Time Director & CFO; Dharani Swaroop Resigns

The RealCase readMedium impact Neutral

CTE's Board accepted Mr. Dharani Swaroop Raghurama's resignation as Whole-Time Director and CFO, effective Feb 05, 2026. He remains a Non-Executive Director. Mr. Raj Kumar Sehgal was appointed as Whole-Time Director for 5 years and CFO, effective Feb 05, 2026. Sehgal has over 25 years of experience.

Why it matters

Changes in key management positions like CFO and Whole-Time Director can have a significant impact on a company's operations, strategy, and financial performance. The appointment of Mr. Sehgal, who has substantial experience and prior board involvement, suggests an effort to maintain stability and leverage his expertise, indicating a medium impact.

The market read

The announcement details a change in key management personnel, including a resignation and an appointment. While the appointment of a new CFO and Whole-Time Director with extensive experience can be viewed positively, the resignation of a long-standing executive balances the sentiment to neutral.

Cambridge Technology Enterprises Limited (CTE) announced significant changes in its management. The Board of Directors, in a meeting held on February 05, 2026, accepted the resignation of Mr. Dharani Swaroop Raghurama from his positions as Whole-Time Director and Chief Financial Officer (CFO), effective at the close of business hours on February 05, 2026. Mr. Raghurama will continue to serve the company as a Non-Executive and Non-Independent Director.

Concurrently, the Board approved the appointment of Mr. Raj Kumar Sehgal as the new Whole-Time Director for a period of five years, subject to shareholder approval, and as Chief Financial Officer, both effective from February 05, 2026. Mr. Sehgal brings over 25 years of experience in compliance management, corporate legal advisory, financial management, and strategic management. He has a background as a Company Secretary, holds a law degree, and is a Certified Professional in Financial Markets. He has previously served on the boards of over 20 companies and was instrumental in scaling Clensta International Private Limited and leading its fundraising efforts. Mr. Sehgal has been a Director on the Board of CTE since June 2025, ensuring a smooth transition.

Filing to action

What to do with a filing like this

Cambridge Technology Enterprises Limited filed this with the NSE as a statutory disclosure, categorised under key management changes. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.

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Primary source

A plain-language summary of a public exchange filing by Cambridge Technology Enterprises Limited. Read the original for the full detail.

View original filing