Tilaknagar Industries' CFO Ajit Anant Sirsat steps down

4 Oct 2022 , 09:40 AM

Tilaknagar Industries Limited informed the investors and exchanges that the board has approved the resignation of the company’s Chief Financial Officer (CFO) Ajit Anant Sirsat.

The company stated that Ajit Anant Sirsat, CFO has tendered his resignation from the position of CFO due to personal reasons.

TI will relieve Ajit from the services at the close of business hours on October 15, 2022.

The company also said that it will provide further update on appointment of CFO in the due course.

Further, the board also approved the appointment of Abhinav Gupta as President of finance with effect from October 03, 2022.

Abhinav has over 17 years of expertise in the field of finance. He has extensive experience and an in-depth understanding of his field. He will oversee the company’s financial operations. He was the Chief Financial Officer of Trident Limited before joining Tilaknagar Industries.

At around 9.45 AM, Tilaknagar Industries was trading at Rs96.90 up by 2.16% from its previous closing of Rs94.85 on the BSE. The scrip opened at Rs96.30 and touched intraday high and low of Rs98.40 and Rs96.30 respectively.

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