Shanthi Gears has appointed Sudhir R as its chief financial officer (CFO) with effect from June 4, 2026. According to reports from Business Standard, the appointment follows the recommendation of the nomination and remuneration committee and approval of the audit committee. A qualified Chartered Accountant, Sudhir brings over two decades of experience across finance, treasury, business transformation, mergers and acquisitions, IPOs, and operational leadership in diversified sectors.
As reported by Business Standard, prior to joining Shanthi Gears, Sudhir served as CFO of Revathi Equipment and has held key positions at Arvind, GOGO International, and SA Rawther Spices. The company is engaged in the design, manufacture, supply, and servicing of gears and gearboxes, positioning Sudhir to leverage his diverse sector experience in his new role.
According to Business Standard, Shanthi Gears reported a 27.56% decline in net profit to ₹16.27 crore on an 11.82% fall in revenue from operations to ₹135.10 crore in Q4 FY26 over Q4 FY25. The company's financial performance reflects the challenging market conditions faced during the quarter.
As reported by Business Standard, shares of Shanthi Gears rose 0.57% to ₹444 on the BSE following the CFO appointment announcement. The modest market response suggests investor confidence in the company's leadership transition and strategic direction under the new financial leadership.
