Uflex has appointed Arun Kumar Sharma as the chief financial officer (CFO) and key managerial personnel (KMP) of the company, effective July 10, 2026. According to reports from Business Standard, the appointment is on a full-time employment basis. Sharma brings extensive experience to the role, having served as a qualified Chartered Accountant with over 35 years of experience in finance and leadership roles.
Prior to joining Uflex, Sharma was associated with the Jubilant Group, where he handled various responsibilities as CFO and Head of Group Treasury. As reported by Business Standard, he has held senior positions in finance, including serving as a Chief Financial Officer. The company informed that the appointment is not applicable for disclosure of relationships between directors, as it does not involve appointment to the Board.
Uflex is India's largest multinational flexible packaging materials & solutions company and a global player in polymer sciences. According to Business Standard, the company reported a consolidated net profit of ₹168.56 crore in Q4 FY25, compared with a net loss of ₹270.95 crore in Q4 FY24. Revenue from operations added 11.31% YoY to ₹3,814.28 crore in the quarter ended 31 March 2025.
Industry CFOs are embracing AI transformation with concrete implementation plans. Nandakumar S Tirumalai, CFO of Tata Chemicals, revealed that his company is building a 175-seat global capability centre in Ahmedabad covering finance, sales and marketing, procurement, IT and HR. As per The Economic Times, he emphasized that with agentic AI maturing, they're exploring to automate mechanical tasks so employees can focus on more challenging work. The transformation reflects broader industry adoption, with CFOs viewing AI as a tool to enhance productivity rather than replace human roles entirely.
