Finolex Cables Appoints Mahesh Viswanathan as CEO, Sachin Naik as CFO
Finolex Cables Limited announced management changes effective June 1, 2026. Mahesh Viswanathan is elevated to CEO, and Sachin Naik is appointed CFO. Viswanathan has 43 years of experience, including 18 years with Finolex Cables. Naik brings 26 years of finance experience.
Changes in top management positions like CEO and CFO can have a significant impact on the company's strategic direction, operational efficiency, and financial performance.
The appointment of key management personnel like CEO and CFO is generally viewed positively as it signifies leadership continuity and strategic direction.
Finolex Cables Limited announced significant management changes following a Board of Directors meeting held on 28th May 2026. The Board approved the elevation of Mr. Mahesh Viswanathan, currently Dy. CEO & Chief Financial Officer (CFO), to the position of Chief Executive Officer (CEO) of the Company. This change is effective from 1st June 2026.
Concurrently, Mr. Sachin Naik has been appointed as the new Chief Financial Officer (CFO) of the Company, also effective from 1st June 2026. Mr. Viswanathan, a qualified Chartered Accountant with 43 years of experience, has been with Finolex Cables for 18 years, previously serving as Dy. CEO and CFO. His prior experience includes roles at Union Carbide India Ltd and Philips Electronics. Mr. Naik brings 26 years of experience in finance, holding qualifications such as B.com, CMA, and SAP. He was previously the Chief Financial Officer and Head Legal & Secretarial at Shalimar Paints Limited and has worked with other major companies like Supreme Group and UPL Ltd.
The Board meeting commenced at 2:00 p.m. and concluded at 4:30 p.m. Detailed information as required by SEBI regulations has been provided in annexures.
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Finolex Cables 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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See the model portfoliosA plain-language summary of a public exchange filing by Finolex Cables Limited. Read the original for the full detail.