GE Power India Limited appoints Mr. Yogesh Gupta as additional director, CFO

The Board of Directors of GE Power India Limited in its meeting held on 10 December 2020 appointed Mr. Yogesh Gupta, as an Additional Director and Whole-Time Director & Chief Financial Officer of the Company with effect from 16 December 2020.

Yogesh Gupta is a Chartered Accountant and Commerce Graduate from Shri Ram College of Commerce, Delhi. He holds a Master's degree in Business Administration from the Faculty of Management Studies and is also a Law Graduate from Delhi University. Also Co-Chairman of the Finance & Administration Board and President - Siemens Sports Club & the Credit Society.

He is joining the company from Siemens Energy India Gas & Power - Service & Digital Business. Throughout his 29 Years of professional service, he has worked on building efficient Business Strategy, Financial Planning & Operations, Financial Reporting and Controls, Commercial, Taxation, Supply Chain Management, Procurement and Compliance. He has held various CFO roles since 2006 in diverse business sectors such as Mechanical Drives Industrial Sales & Services and Power Sector since 2008. Prior to that, he has a decade of managing experience in various Finance & Commercial functions in Projects, Product Sales, Solutions & Services Business Administration. Yogesh was also responsible for integrating Flender Ltd, Rolls Royce AGT, Dresser Rand Services Business with Siemens Ltd dealing with various stakeholders - Board of Directors, Investors, Statutory Authorities, Auditors, bankers, Labour Unions etc.

Shares of GE Power India Ltd was last trading in BSE at Rs.278.85 as compared to the previous close of Rs. 282.75. The total number of shares traded during the day was 24679 in over 1227 trades.

The stock hit an intraday high of Rs. 285.4 and intraday low of 275. The net turnover during the day was Rs. 6873119.

Source : Equity Bulls

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