Latest news with #OxfordAdvancedManagementLeadershipProgram
Business Upturn
2 days ago
- Automotive
- Business Upturn
Force Motors shares rise nearly 2% after top-level reshuffle in leadership team
By Aditya Bhagchandani Published on June 10, 2025, 09:29 IST Shares of Force Motors Ltd surged 1.96% to ₹12,400.00 in early trade on Tuesday, reacting positively to a key leadership reshuffle announced by the company. The stock had previously closed at ₹12,162.00 and hit a high of ₹12,530.00 in the morning session. In a regulatory filing, Force Motors informed that Mr. Sanjay Kumar Bohra has resigned from his position as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective from the close of business hours on June 9, 2025. The board appreciated Mr. Bohra's contributions during his tenure. In a swift move, the company announced the appointment of Mr. Rishi Luharuka as the new Group CFO and KMP, effective June 10, 2025. Luharuka, a Chartered Accountant and CFA by qualification, is an alumnus of the Oxford Advanced Management Leadership Program and brings over 23 years of experience in automotive components, mining, construction, and garment sectors. Additionally, Ananya Bhattacharjee has joined the company as the Senior Divisional Manager for Corporate Communications, strengthening the leadership team further. Interestingly, the board meeting that finalized these decisions was concluded in under 15 minutes, reflecting the urgency and clarity of the transition. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Business Upturn
3 days ago
- Automotive
- Business Upturn
Force Motors CFO change: Sanjay Bohra resigns, Rishi Luharuka appointed as Group CFO
Force Motors Limited has announced about Mr. Sanjay Kumar Bohra's resignation as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) is an important change in its top management, effective from the close of business hours on June 9, 2025. Mr. Bohra's contributions while employed are appreciated by the company. Effective as of June 10, […] By Aditya Bhagchandani Published on June 9, 2025, 16:25 IST Force Motors Limited has announced about Mr. Sanjay Kumar Bohra's resignation as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) is an important change in its top management, effective from the close of business hours on June 9, 2025. Mr. Bohra's contributions while employed are appreciated by the company. Effective as of June 10, 2025, the board has given approval to the appointment of Mr. Rishi Luharuka as the new Group CFO and KMP in what seems a swift transition. Luharuka, as an Oxford Advanced Management Leadership Program alumnus, is a seasoned finance professional with over 23 years of experience holding CA and CFA qualifications. He has at some point worked across automotive components, mining, also construction. Garment firms also use his experience. Ananya Bhattacharjee has become a member of the senior management team. She will serve in the role as Senior Divisional Manager for Corporate Communications. According to the company's official filing, the board meeting that finalized these changes concluded in under 15 minutes on June 9. Force Motors' active efforts for the purpose of strengthening its finance and communications framework can be underscored by this leadership reshuffle as it navigates growth opportunities along with evolving business challenges. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
