Sharda Motor Industries has informed the Exchanges the appointment of Srinivasan Narasimhan as Chief Financial Officer of the Company in place of Vivek Bhatia with immediate effect.
Consequently Vivek Bhatia cease to be the Chief Financial Officer of the Company with immediate effect.
Srinivasan Narasimhan, aged about 39 years, has an extensive experience of over 17 Years and has played a significant role in Manufacturing Industries mainly with Auto Sector.
He is a qualified Chartered Accountant, Company Secretary and Cost Accountant. Prior to joining Sharda Motor Industries Limited (SMIL), Srinivasan had stints with Tenneco Automotive India, Saint Gobain Glass, TAFE, Carat Lane and Silkroad Sugar (Murugappa Group) wherein has been instrumental in ERP Implementations and Change Management Activities.
Srinivasan Narasimhan has also been a winner of CFO Power List 2020 in the FP&A Category amongst the top 100 Influential CFO’s of India.
Sharda Motor Industries ended at Rs1,972.75 apiece down by Rs136.45 or 6.47% from its previous closing of Rs2,109.20 apiece on Sensex.