Shalimar Paints Ltd has informed to the exchange regarding appointment of Mohit Donter, as a Chief Financial Officer (KMP) of the Company w.e.f 26th June, 2021.
Donter is a Chartered Accountant and has more than 17 years of experience in steering finance operations across various industries that includes IFRS Reporting, Internal Financial Controls, Budgeting, Commercial Finance, FP&A, Controllership, and Process Re-Engineering for listed entities.
He has worked with reputed corporates like LG, Reliance Industries Limited, Akzo Nobel Limited in the past. He has been instrumental in driving the consistent evaluation of both short and long term strategic financial objectives of the organizations, he has been involved with.
He has rich experience of spearheading the transaction processing systems and implementing operational best practices across the finance department and the wider business.
Mohit core experience lies in Strategic Planning, Financial Controllership / Due Diligence, Consolidation of Books as per IGaaP, IFRS & IND AS, Treasury & Fund Management, Internal Controls & Audits, Commercial Management & Pricing Support, MIS Reporting & Analysis, Variance & Profitability Analysis, Working Capital & CAPEX Management etc.
At around 9:56 AM, Shalimar Paints was trading at Rs105.65 per piece up by Rs1.1 or 1.05% on Sensex.