AXISCADES appoints Uttam Kumar Bhageria as CFO-Designate; Shashidhar SK to retire as KMP; Bhageria to assume CFO role in 2027

AXISCADES Technologies Limited has tapped Uttam Kumar Bhageria as Chief Financial Officer-designate, with his appointment taking effect from October 21, 2026. In a board decision announced after a meeting on October 16, 2026, Bhageria will move into the CFO role and Key Managerial Personnel slot from January 1, 2027, following the planned superannuation of current Group CFO Shashidhar SK on December 31, 2026.

Bhageria is described as a strategic finance leader with more than two decades of experience partnering with promoters, CEOs and boards to shape enterprise strategy, accelerate profitable growth and maximize shareholder value across listed, multinational and promoter-led outfits. The profile highlights a track record of leading transformational initiatives, including a landmark ₹3,000 crore acquisition, fivefold growth in market capitalization, corporate restructuring and large-scale capital-market initiatives, and extensive experience in enterprise strategy, capital allocation, mergers and acquisitions, treasury, governance and investor engagement. The candidate has collaborated with consulting giants BCG and McKinsey on strategic transformation and diversification.

The move underscores AXISCADES’ focus on leadership continuity as it gears up for its next phase of growth. With Shashidhar SK stepping down as a KMP at year-end, Bhageria will formally assume the office of CFO and KMP in early 2027, ensuring a seamless transition for the company and its investors.