Kalyani Forge Limited has announced a leadership elevation aimed at sharpening its financial compass. The board has approved the appointment of Sainath Bhanage as Chief Financial Officer and Key Managerial Personnel, effective July 14, 2026, following recommendations from the Nomination and Remuneration Committee and the Audit Committee. The move signals the company’s intent to bolster its financial leadership as it advances its growth and transformation agenda.
Bhanage brings more than 12 years of experience across finance and accounts, with deep expertise in financial strategy, accounting, treasury, taxation, audit, budgeting, compliance, and business transformation. His breadth spans business transfer arrangements (BTA), mergers and acquisitions (M&A), investor relations, and financial governance. He has worked across manufacturing, services, trading, infrastructure, real estate, automotive, and private limited companies, holding roles such as Assistant Manager – Finance, Financial Analyst, Senior Accounts Manager, Treasury Manager, and Tax & Audit Executive.
Industry observers will be watching how this appointment shapes Kalyani Forge’s financial trajectory as it navigates growth and strategic initiatives. Bhanage’s background in M&A, investor relations, and comprehensive financial oversight could play a pivotal role in capital budgeting, governance, and strategic partnerships under the leadership of Managing Director Viraj G. Kalyani.
The transition arrives at a time when disciplined financial management and forward-looking planning are central to sustaining momentum. Stakeholders will be keen to see how the new CFO partners with the rest of the leadership team to deliver on the company’s stated ambitions.