FatPipe Inc. Announces CFO Change, Appoints Kanishka Ragula

What Happened
FatPipe Inc. announced on September 11, 2026 that Eric Sherb ceased serving as Chief Financial Officer and Principal Accounting Officer; his departure was not due to any disagreement with the company. The board appointed Kanishka Ragula (age 25) as Chief Financial Officer and Principal Accounting Officer effective the same date. Mr. Sherb will continue to support the company in a consulting role to ensure an orderly transition.

Key Details

• Appointment effective date: September 11, 2026.
• New CFO: Kanishka Ragula, age 25; formerly FatPipe’s Director of Finance (Sept 2025–Sept 2026).
• Compensation: Mr. Ragula will receive an annual base salary of $175,000 and an equity grant to be approved by the board; he is eligible for standard employee benefits.
• Background: Ragula previously worked at Institutional Venture Partners (Aug 2024–Aug 2025) and J.P. Morgan’s Technology Investment Banking group; he holds dual BS degrees from University of Pennsylvania (Wharton and Penn Engineering), graduating summa cum laude.
• Related-party note: Mr. Ragula is the son of FatPipe’s CEO and Chairman, Ragula Bhaskar, Ph.D., and of the Company’s President/CTO and director, Sanchaita Datta.

Why It Matters
This is a material executive change affecting FatPipe’s finance leadership. Investors should note the immediate leadership continuity (internal promotion and the former CFO moving to a consulting role) and the relatively modest cash pay package combined with an equity grant, which may align the new CFO’s incentives with shareholders. Also note the family relationships between the new CFO and the company’s CEO and President/CTO, a disclosure investors may consider when evaluating governance and potential conflicts of interest.