Shanthi Gears Appoints Sai Krishna Alluri as CFO, Helena Susan as Head HR
Shanthi Gears Limited appointed Mr. Sai Krishna Alluri as CFO and Ms. Helena Susan as Head – Human Resources, effective September 3, 2026. Mr. Alluri brings 16+ years of finance experience, while Ms. Susan has over 22 years in HR. Key personnel are now authorized for stock exchange disclosures.
Changes in key management roles, particularly the CFO, can have a medium-term impact on the company's financial strategy and operations. The appointment of a new Head of HR also signifies a focus on organizational development.
The appointment of key management personnel like a CFO and Head of HR is generally viewed positively as it indicates stability and operational focus within the company.
Shanthi Gears Limited announced key management changes following a Board of Directors meeting held on September 3, 2026. Mr. Sai Krishna Alluri has been appointed as the Chief Financial Officer (CFO) of the company with immediate effect. Consequently, Mr. Sukanta Kumar Panigrahi ceases to be the Interim CFO.
Mr. Alluri is a qualified Chartered Accountant and Cost Accountant with over 16 years of experience in Finance, Accounts, GST, Income Tax, Funding, and Cost Reduction Initiatives. He has previously held financial positions at National Plastics Group, TNQ Group, MORF Private Limited, and Saibaba Polymer Technologies Private Limited.
Additionally, Ms. Helena Susan has been appointed as the Head – Human Resources of the company, designated as Senior Management Personnel (SMP), also with immediate effect. Mr. Victor Dharmaraj will transition to new roles and responsibilities, ceasing to be the SMP. Ms. Susan is a Commerce graduate with a Master’s degree in Human Resources and an M.Phil., possessing over 22 years of experience in Human Resources. She was previously associated with Elgi Equipments Limited and Rane Group.
Furthermore, the Board authorized Mr. M Karunakaran (Whole time Director & CEO), Mr. Walter Vasanth P J (Company Secretary), and the newly appointed CFO, Mr. Sai Krishna Alluri, for determining the materiality of events and making disclosures to the stock exchanges.
The Board meeting commenced at 3:30 PM and concluded at 3:50 PM on September 3, 2026.
A plain-language summary of a public exchange filing by Shanthi Gears Limited. Read the original for the full detail.