Boardroom Shuffle at Happy Square: Vikas Jain Named CFO, Shraddha Rajpal Elevated To Managing Director

Updated: February 23, 2026 15:55

Image Source: The Economic Times

Happy Square Outsourcing Services Limited has announced a major leadership transition following its February 23, 2026 board meeting. Shraddha Rajpal has been appointed Managing Director, while Vikas Jain takes over as CFO. Poonam Rajpal steps down as MD but continues as Whole Time Director.

In a strategic move aimed at strengthening its executive leadership, Happy Square Outsourcing Services Limited—operating under the premium brand White Force—has restructured its top management. The decisions were finalized during the board meeting held on February 23, 2026, in Jabalpur, Madhya Pradesh.

Shraddha Rajpal, known for her dynamic leadership and strategic foresight, has been appointed as Managing Director for a five-year term beginning February 24, 2026. Her elevation signals a renewed focus on innovation and operational excellence in the outsourcing and HR services domain.

Key Developments From The Board Meeting

Appointment of Shraddha Rajpal as Managing Director
Shraddha Rajpal (DIN: 03613692) will serve as MD and Whole Time Director from February 24, 2026 to February 23, 2031. Her leadership is expected to drive growth across recruitment, payroll, and facility management services.
Resignation and Reappointment of Poonam Rajpal
Poonam Rajpal (DIN: 08693498) resigned as MD effective February 23, 2026. She has been reappointed as Whole Time Director and Key Managerial Personnel starting February 24, 2026, for a five-year term.
Appointment of Vikas Jain as CFO
Vikas Jain joins as Chief Financial Officer and designated Key Managerial Personnel effective February 23, 2026, following approvals from both the Nomination and Remuneration Committee and the Audit Committee.
Expansion of Business Scope
The company amended its Memorandum of Association to include agricultural support services, enabling it to supply farm labor and allied services across horticulture, dairy, and animal husbandry sectors.

The leadership reshuffle and MOA expansion reflect Happy Square’s ambition to diversify and deepen its service offerings while reinforcing governance and strategic execution.

Sources: White Force official announcement, ANI News, FileSure corporate registry

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