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Finolex Cables names Sachin Naik CFO to power next phase of growth

Veteran finance leader joins as company sharpens focus on expansion plans

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PUNE: Finolex Cables Limited has appointed Sachin Naik as chief financial officer, effective June 1, bringing on board a finance veteran with nearly three decades of experience across manufacturing and multinational businesses.

Naik joins the cables and communication solutions maker at a time when it is strengthening its leadership bench to support future expansion and long-term value creation. Over the years, he has held senior leadership roles at organisations including UPL, Supreme Industries and Shalimar Paints, where he led initiatives spanning business transformation, fundraising, governance, operational improvements and enterprise-wide change programmes.

In his new role, Naik will oversee the company’s finance function, guide financial strategy, strengthen governance frameworks and support capital allocation decisions. He will also work closely with the leadership team as the company pursues its long-term growth agenda.

“We are delighted to welcome Sachin to the Finolex family. He brings a unique blend of financial leadership, strategic thinking, governance expertise and business partnering capabilities,” said Finolex Cables Limited chief executive officer Mahesh Viswanathan. He added that Naik’s experience across manufacturing businesses and transformation-led environments would further strengthen the company’s financial capabilities and support its long-term vision.

For his part, Sachin Naik said he was excited to join an organisation known for its strong brand, governance standards and market leadership. He noted that he looked forward to working with the leadership team to support growth ambitions and enhance value creation.

The appointment underlines Finolex Cables’ continued focus on building a future-ready organisation. Backed by a strong balance sheet, a diversified product portfolio and a wide distribution network, the company is positioning itself to tap opportunities emerging from India’s expanding infrastructure, manufacturing and digital connectivity sectors.

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