Sunil Khanduja Appointed New Chairman of Ingersoll-Rand India

Ingersoll-Rand (India) has announced a leadership transition, with Sunil Khanduja set to become the new chairman of the board effective July 27, 2026. This appointment follows the retirement of Sekhar Natarajan, who will step down as an independent director and chairman.

Mr. Natarajan’s departure is scheduled for the close of business on July 26, 2026, marking the completion of his second consecutive five-year term. His tenure as chairman began on July 27, 2016, and his retirement also means stepping down from several key committee roles.

• Sekhar Natarajan’s retirement: July 26, 2026
• Sunil Khanduja’s appointment as chairman: July 27, 2026
• Company plans to appoint a new independent director to fill the vacancy.
• Mr. Natarajan will also exit roles on audit, risk management, nomination and remuneration, corporate social responsibility, and stakeholders relationship committees.

Recent Financial Performance

Ingersoll-Rand (India), known for manufacturing air compressors and related components, recently reported its Q4 FY26 financial results. The company observed declines in both its standalone net profit and revenue from operations compared to the previous fiscal year.

• Standalone net profit in Q4 FY26: Declined 4.21% to Rs 64.81 crore (compared to Q4 FY25).
• Revenue from operations in Q4 FY26: Fell 7.05% to Rs 299.63 crore (compared to Q4 FY25).
• Shares on the Bombay Stock Exchange (BSE): Dipped 0.92% to settle at Rs 4520.85.

The company’s strategic leadership change comes amidst these recent financial figures, positioning it for its next phase under new chairmanship.