Aditya Birla Fashion names Nikhil Modha new CFO, to take charge in 2027

Aditya Birla Fashion and Retail Ltd on Tuesday said its board has approved the appointment of Nikhil Modha as Chief Financial Officer (designate).

Modha will take over as CFO (designate) and senior managerial personnel from April 1, and will assume the role of Chief Financial Officer and key managerial personnel with effect from January 1, 2027, the company said in an exchange filing.

The current CFO, Jagdish Bajaj, will continue in his role and oversee a phased transition until December 31, 2026. He will retire from the company at the end of the year and cease to hold the position of CFO and key managerial personnel thereafter.


Separately, the board appointed Suraj Bahirwani as CEO (designate) of Pantaloons with effect from April 1, 2026. He will take over as CEO from October 1, 2026. Current Pantaloons CEO Sangeeta Tanwani will continue in her role until September 30, 2026, before transitioning into an advisory position to the managing director until her retirement on January 31, 2027.

In another appointment, ABFRL named Marco Agnolin as CEO of OWND! and senior managerial personnel, effective April 6, 2026.

The company said the appointments are part of a structured succession and transition plan aimed at ensuring continuity across key leadership roles.