Titan Company Limited announced that Mr. S. Subramaniam (Subbu), currently the Chief Financial Officer, will retire from the services of the company effective from the close of business hours of 30 June, 2021 on attaining the age of superannuation. Sonthalia will succeed Mr. Subramaniam as the Chief Financial Officer with effect from 1 July, 2021. Mr. Sonthalia will be joining the Company on 1 February 2021 and shall act as the Chief Financial Officer Designate until the time his appointment as CFO becomes effective from l July 2021, thereby providing adequate time for a smooth transition. Mr. Sonthalia's last stint was with Larsen & Toubro Infotech Limited, where he served as the Chief Financial Officer. His previous stints also include leadership positions in Greaves Cotton Limited, Tata Inc., Tata Chemicals and a long-standing association with Tata Steel in various positions.