Infosys CFO Nilanjan Roy Resigns From The Company, Effective March 31, 2024; Company Appoints Jayesh Sanghrajka As New CFO And Key Managerial Personnel, Effective April 1, 2024
Portfolio Pulse from Benzinga Newsdesk
Infosys announced the resignation of CFO Nilanjan Roy, effective March 31, 2024. Jayesh Sanghrajka has been appointed as the new CFO and key managerial personnel, starting April 1, 2024.
December 11, 2023 | 2:34 pm
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Infosys CFO Nilanjan Roy's resignation could lead to short-term uncertainty, but the appointment of Jayesh Sanghrajka may stabilize the situation as he takes over on April 1, 2024.
CFO transitions can lead to short-term volatility as investors assess the impact on financial strategy and stability. However, since the transition is planned and a successor is already appointed, this may mitigate concerns and lead to a neutral impact on Infosys' stock price in the short term.
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