Ajax Engineering Limited announced a significant change in its financial leadership following a Board of Directors meeting held on June 2, 2026. The Board accepted the resignation of Mr. Ganesh B J from his position as Interim Chief Financial Officer. Concurrently, the Board approved the appointment of Mr. Ketan Pendse as the new Chief Financial Officer of the Company. Mr. Pendse is a seasoned finance professional and Chartered Accountant with over 24 years of extensive experience in finance, treasury, governance, risk management, and business transformation within the engineering, EPC, and capital equipment sectors. His prior roles include Chief Financial Officer and Whole Time Director at TKIL Industries Pvt. Ltd. and positions at Ranadey Agro Limited and Dow Corning India Pvt. Ltd. He is recognized for his expertise in controllership, accounting, taxation, treasury, compliance, procurement, commercial project management, and enterprise risk management, with a proven track record in establishing robust governance frameworks and driving digitization initiatives. The Board meeting commenced at 6:30 PM and concluded at 07:27 PM.
