Shanthi Gears signals leadership refresh with CFO appointment and Head of HR hire

Shanthi Gears Limited is reshaping its leadership slate with decisive moves that touch both the finance and people sides of the business. At its September 3, 2026 board meeting, the company appointed Sai Krishna Alluri as Chief Financial Officer with immediate effect, while Sukanta Kumar Panigrahi steps down from the interim CFO role. Alluri comes with a solid financial pedigree, described as a Chartered Accountant and Cost Accountant with 16+ years of experience spanning finance, accounts, GST, income tax, funding and cost-reduction initiatives. His career includes leadership stints at National Plastics Group, TNQ Group, MORF Private Limited and Saibaba Polymer Technologies Private Limited, positioning Shanthi Gears to bolster its financial governance as it pursues growth opportunities.