Trident CFO Abhinav Gupta Resigns

5 Sep 2022 , 11:36 AM

Gupta was relieved from his services with effect from 3 September 2022 post working hours. The company saif that it has commenced the search for the next chief financial officer and in the meantime, Avneesh Barua, who is working in the finance and accounts function of the company, shall be acting as an interim CFO of the company. Trident is a vertically integrated textile (yarn, bath & bed linen) and paper (wheat straw-based) manufacturer and is one of the largest players in home textile space in India. The companys consolidated net profit declined 37.5% to Rs 129.35 crore despite of 13.3% rise in net sales to Rs 1,679.90 crore in Q1 FY23 over Q1 FY22. Shares of Trident rose 3.14% to currently trade at Rs 41 on the BSE. Powered by Capital Market – Live News