Ex Bharti Airtel ITC & MRF Finance Leader Shibu Mathews Named Texmaco Rail CFO

New Delhi: Texmaco Rail & Engineering Limited has appointed Shibu Mathews as Chief Financial Officer (CFO) with effect from September 5, 2026.

The appointment was approved by the company’s Board of Directors at its meeting on September 5, based on the recommendation of the Nomination and Remuneration Committee and approval of the Audit Committee.

Key Highlights

• Shibu Mathews appointed CFO of Texmaco Rail & Engineering.

• Appointment effective September 5, 2026.

• Mathews is a Chartered Accountant with 26 years of experience.

• His previous organisations include MRF Ltd., Bharti Airtel and ITC Ltd.

• Expertise includes corporate treasury, financial planning, business finance and risk management.

• Also experienced in working capital, capital allocation, internal controls and manufacturing finance.

26 Years of Finance Experience

Shibu Mathews has held finance leadership roles across large Indian and multinational organisations.

His experience covers Corporate Treasury, Financial Planning & Strategy, Business Finance, Risk Management, Working Capital and Capital Allocation. He has also worked on manufacturing finance, project implementation, supply chain management, ERP and automation projects.

The appointment was disclosed by Texmaco Rail & Engineering under Regulation 30 of the SEBI Listing Regulations.