Info Edge Appoints Himanshu Agarwal as Whole-time Director & CFO, Brings Back Naresh Chand Gupta

BY A_ADMIN • FILED 14 Sep 2026, 4:33 PM

Info Edge (India) Limited has announced key leadership and board changes, with Himanshu Agarwal set to take charge as Chief Financial Officer and Whole-time Director, while technology veteran Naresh Chand Gupta will return to the board as an Independent Director.

Info Edge (India) Limited, the company behind businesses including Naukri, 99acres, Jeevansathi and Shiksha, has announced a series of leadership and board changes following a meeting of its Board of Directors on September 14, 2026.

The company has appointed Naresh Chand Gupta as an Additional Director in the Independent category for a five-year term, while Himanshu Agarwal will assume office as Chief Financial Officer and Additional Director from September 17, 2026, with his role to be designated as Whole-time Director and Chief Financial Officer, subject to applicable approvals.

Himanshu Agarwal to take charge as Whole-time Director and CFO

Himanshu Agarwal will join Info Edge as Chief Financial Officer and Key Managerial Personnel from September 17, 2026.

His appointment as Whole-time Director is proposed for five years from September 17, 2026 to September 16, 2031, subject to shareholder and other applicable statutory approvals.

According to the company, Agarwal brings more than three decades of experience in finance leadership, corporate governance, mergers and acquisitions, and business transformation across listed organisations in India and internationally.

His appointment is significant because the CFO role covers not only financial management but also areas such as capital allocation, governance and strategic financial planning.

Interim CFO Ambarish Raghuvanshi to complete transition

The appointment also marks the conclusion of Ambarish Raghuvanshi’s tenure as Interim CFO.

Raghuvanshi has served as Info Edge’s Interim CFO and KMP since November 20, 2025. His tenure as Interim CFO will conclude at the close of business on September 16, 2026, one day before Agarwal assumes office.

However, the transition will not be immediate.

Raghuvanshi will remain associated with the company as Finance Advisor and Senior Management Personnel until October 31, 2026, supporting Agarwal and the company during the handover period.

This arrangement is aimed at ensuring continuity in the finance function and a smooth transition of responsibilities.

Naresh Chand Gupta returns to Info Edge board

Info Edge has also appointed Naresh Chand Gupta as an Additional Director in the Independent category, effective October 1, 2026.

He is proposed to serve as a Non-Executive Independent Director for five years, from October 1, 2026 to September 30, 2031, subject to shareholder approval through postal ballot and other applicable approvals.

Gupta is currently a designated partner at Accuracap Technologies LLP and Chief Scientist at Accuracap Consultancy Services Private Limited. He also serves as an Independent Director on the boards of eClerx Services and NoPaperForms Solutions.

He previously served as Managing Director of Adobe Systems India and as an Independent Director of Affle (India), now known as Affle 3i.

Importantly for Info Edge investors, Gupta has previously served as an Independent Director of Info Edge until March 31, 2023.

His return therefore brings back an individual who already has familiarity with the company’s businesses and technology ecosystem.

Technology and AI experience adds another dimension

The company highlighted Gupta’s experience in leadership, business management, technology and fund management.

Info Edge’s management also linked his return to the company’s continued evolution of its internet businesses and technology investments in an increasingly AI-driven environment.

For investors, this is relevant because Info Edge has exposure to multiple internet businesses and technology investments, making technology expertise at the board level potentially useful as AI changes online platforms and business models.

Board committees reconstituted

Following Agarwal’s appointment, Info Edge has also reconstituted certain Board committees.

Himanshu Agarwal will join the Risk Management Committee and the Business Responsibility and Sustainability Reporting Committee with effect from September 17, 2026.

The company has also revised the authorised Key Managerial Personnel responsible for determining materiality and making disclosures to the stock exchanges under Regulation 30(5) of the Listing Regulations.

What it means for investors

The latest announcement is primarily a management, governance and continuity development rather than a direct business-growth trigger.

There is no new order, acquisition, capex announcement, earnings guidance or revenue target attached to the September 14 filing.

However, the appointment of a permanent CFO after an interim arrangement, combined with the elevation of the CFO to Whole-time Director, strengthens the company’s senior finance leadership structure.

The return of Naresh Chand Gupta also adds technology and governance experience to the board, while his previous association with Info Edge means he already understands the company’s businesses.

Key points to watch

For Info Edge shareholders, the important developments are:

Himanshu Agarwal becomes CFO from September 17, 2026.
He is proposed to serve as Whole-time Director and CFO for five years.
Ambarish Raghuvanshi’s Interim CFO tenure ends on September 16, 2026.
Raghuvanshi remains as Finance Advisor until October 31, 2026, for transition support.
Naresh Chand Gupta joins the board as an Additional Director in the Independent category from October 1, 2026.
Gupta is proposed to serve as Independent Director for five years, subject to shareholder approval.
Agarwal will join the Risk Management and BRSR committees.
The changes strengthen Info Edge’s finance, governance and technology leadership structure.

Investor takeaway

Info Edge’s latest board decisions point to a planned strengthening of its senior leadership and governance structure.

The appointment of Himanshu Agarwal as Whole-time Director and CFO provides a permanent successor to the interim finance arrangement, while Naresh Chand Gupta’s return to the board brings back an experienced technology and business-management professional who is already familiar with Info Edge.

For the stock, however, the announcement should be viewed primarily as a governance and leadership development. Investors will need to watch subsequent financial results, strategic investments, operating performance, and capital-allocation decisions for a more direct impact on earnings and valuation.

Source: Info Edge (India) Limited, Board Meeting outcome and press release dated September 14, 2026.

Investor Disclaimer

This article is for informational and educational purposes only and should not be considered investment advice. Investors should conduct their own research and consult a qualified financial adviser before making investment decisions.