Tata Elxsi Appoints Nalin Rana as CFO, Gaurav Bajaj Steps Down

Tata Elxsi Limited has announced a key leadership change with the resignation of its Chief Financial Officer (CFO), Gaurav Bajaj. His resignation will be effective at the close of business hours on May 29, 2026, as he moves on to explore new career opportunities. 

The decision was formally noted by both the Nomination and Remuneration Committee (NRC) and the Board of Directors during their recent meetings.

The company acknowledged Bajaj’s contributions during his tenure, recognising his role in strengthening Tata Elxsi’s financial operations and supporting its growth journey. His leadership has been instrumental in maintaining financial discipline and driving strategic initiatives.

Appointment of Nalin Rana as CFO

Following Bajaj’s exit, the Board has approved the appointment of Nalin Rana as the new Chief Financial Officer, effective May 30, 2026. He will also serve as a Key Managerial Personnel in line with the provisions of the Companies Act, 2013.

Nalin Rana brings over 17 years of extensive experience in strategic finance, corporate planning, investment banking, and business strategy. His diverse expertise is expected to support Tata Elxsi’s continued expansion and financial management.

Professional Background and Experience

Rana joined the Tata Group in 2021 and currently serves as a senior leader within the Group CFO and Group Strategy Office at Tata Sons. He is also a board member at Tata Teleservices Limited and Tata Teleservices (Maharashtra) Limited. In his current role, he has been actively involved in strategic analysis, investment planning, fundraising, and mergers and acquisitions across multiple business verticals.

Before joining the Tata Group, Rana worked as an Executive Director in the investment banking division at Standard Chartered Bank. There, he led business development and executed major transactions, advising clients on deals exceeding US$ 15 billion across sectors.

Academically, he holds a postgraduate management degree from the Indian Institute of Management Indore and a B.Tech in Electrical Engineering from the National Institute of Technology Silchar.

Tata Elxsi Share Price Today

On April 27, 2026, Tata Elxsi share price opened at ₹4,204.90, touching the day’s high at ₹4,283.40, as of 12:16 PM on the NSE.

Also Read: Tata Elxsi and JSW Motors Partner to Drive Software-Defined Mobility in India!

Conclusion

This leadership transition marks an important step for Tata Elxsi as it continues to strengthen its executive team. With Nalin Rana’s strong financial and strategic background, the company is well-positioned to sustain growth and navigate evolving business opportunities effectively.

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