Kotak Mahindra Investments Limited announced on Thursday that Siddarth Gandotra has resigned from the position of Chief Financial Officer (CFO) and KMP, with effective from closing hours of August 31, 2026. According to reports from CNBC TV18, the company's board noted Gandotra's resignation as CFO and key managerial personnel at a meeting on Thursday, with the resignation taking effect at the close of business on August 31. The board subsequently approved the appointment of Hiren Vora to succeed Gandotra in the CFO role, with Vora taking charge from September 1, 2026.
The Board has approved the appointment of Hiren Vora with effect from September 1, 2026, as reported by CNBC TV18. This transition ensures continuity in the company's financial leadership, with Vora taking over the CFO responsibilities immediately following Gandotra's departure. The company disclosed these changes under the Securities and Exchange Board of India's listing regulations, with details relating to both Gandotra and Vora included in annexures accompanying the regulatory filing.
Hiren Vora brings eighteen years of experience within the Kotak group to his new role as CFO, according to recent reports. This extensive background within the Kotak organization provides Vora with deep institutional knowledge and familiarity with the group's operations and culture. The appointment ensures continuity in the company's financial leadership while leveraging Vora's established relationships and understanding of the organization's business model.
As reported by CNBC TV18, Gandotra will continue in his role through August 31 before Vora takes charge, ensuring an immediate transition in the company's finance leadership. The timeline ensures a smooth transition period for the company's financial operations, with the new CFO taking over from the following day after Gandotra's departure. This structured approach maintains continuity while allowing for proper handover procedures.
