Saregama India surges ~2% as Pankaj Chaturvedi steps up as CFO

6 Apr 2022 , 02:11 PM

In its regulatory filing today, Saregama India has informed that the company has approved the appointment of Mr. Pankaj Chaturvedi as the Chief Financial Officer (CFO) of the Company w.e.f. April 11, 2022.

Mr. Pankaj will take charge of the office of Mr. Vineet Garg who shall relinquish his office effective from April 10, 2022. Mr. Vineet cited personal reasons for his resignation.

The company also approved the sub-division of one equity share of Rs10 each to 10 equity shares of Rs1 each.

Mr. Pankaj Chaturvedi is a Chartered Accountant who brings over 2 decades of rich experience in various industries including Aviation, Telecom, and consumer electronics. He was responsible for handling areas such as Accounting, Planning & Strategy, Business finance, Risk Assurance, and Analytics across organizations such as Go Airlines, Vodafone, Reliance Jio, and Hitachi. Presently, he is associated as Chief Financial Officer at Go Airlines (India) Ltd. until April 10, 2022.

Saregama India is currently trading at Rs5,014.65 up by Rs90.4 or 1.84% from its previous closing of Rs4,924.25 on the BSE. The scrip touched intraday high and low of Rs5,120 and Rs4,990.05 respectively.