Ajax Engineering Limited announced key changes in its finance 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. Mr. Ganesh B J had been serving in an interim capacity to ensure continuity in the finance function during the transition period. His resignation is effective immediately as his interim assignment has been fulfilled with the appointment of a new Chief Financial Officer. Concurrently, the Board appointed Mr. Ketan Pendse as the new Chief Financial Officer of the Company, also effective from June 2, 2026. Mr. Pendse is a Chartered Accountant with over 24 years of extensive experience in finance, treasury, governance, risk management, and business transformation across the engineering, EPC, and capital equipment sectors. He previously held the role of Chief Financial Officer and Whole Time Director at TKIL Industries Pvt. Ltd. (formerly Thyssenkrupp Industries India). His expertise includes controllership, accounting, taxation, treasury, compliance, procurement, commercial project management, and enterprise risk management. The Board meeting commenced at 6:30 PM and concluded at 07:27 PM.
