Tejas Networks Limited announced based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors at their meeting held on April 15, 2026, considered the resignation of Mr. Sumit Dhingra as the Chief Financial Officer of the Company due to personal reasons, effective close of business hours on May 15, 2026. The board approved the appointment of Mr. AVS Prasad as the Chief Financial Officer of the Company, with effect from May 16, 2026. Mr. Prasad is currently the Finance Controller of the Company.

He is a seasoned Finance and Governance professional with over 27 years of experience in the TATA group spanning across Telecom, Aerostructure and Defence sectors, including 15+ years in leadership roles as Chief Financial Officer /Financial Controller. He is a Company Secretary and Cost & Management Accountant, bringing strong technical depth in finance, governance, and compliance. He has deep expertise in corporate finance, financial controllership, treasury management, regulatory compliance, internal audit, and corporate governance, along with hands-on experience in startup operations and building scalable finance teams. His professional strengths include business planning, commercial contracts and stakeholder management.