Meghmani Finechem Ltd, a leading manufacturer of Chlor-alkali products and value-added derivatives, on Monday announced appointment of two senior leaders to their team, who will be part of key business verticals and streamline sustainable growth in the organisation. The new additions to the top-level management reflect on the growth strategy and trajectory of MFL to develop a robust continuity and succession plan by consulting some of the greatest and experienced minds in the country.
Mr. Vijay Vasudeva and Mr. Yashodhan Chitnis, both veterans and thought leaders from their domains, bring over 30 years of experience and expertise to the table. Mr Vijay Vasudeva has officially joined in the capacity of Senior Vice President (Operations), while Mr. Yashodhan Chitnis as Vice President (Marketing). Before joining Meghmani Finechem Ltd, Mr. Vijay Vasudeva was associated with Deepak Nitrite Ltd as Associate Vice President & Site head, whereas Mr. Yashodhan was operational with Fine Organics Ltd as Vice President (Polymer Additives) - Global Business. In addition to sustainable growth and capabilities, the addition of such experienced and dynamic professionals also establishes the management capabilities and visionary leadership within the organisation.
As the Senior VP (Operations), Mr. Vijay Vasudeva will be leading all the functions of Operations, Manufacturing and Maintenance at the Dahej plant. In a career spanning across 35 years, he has worked with Grasim Industries and at Reliance Industries Ltd. He is also a certified Process Safety Management professional from DuPont & Leadership Coach from British petroleum.
Similarly as Vice President (Marketing), Mr. Yashodhan Chitnis, will be leading the functions of Marketing and Business Development Strategies for the derivatives products. Mr. Chitnis started his career in 1989 from Raymond Woollen Mills and later worked for Chemiequip Limited, Jaysynth Group of Companies, Meghmani Organics and Fine Organics. During his 14 year long stint at Jaysynth, he was instrumental in setting up the US subsidiary for the group.
Going forward, Meghmani Finechem Ltd is looking to further strengthen and add to its human capital to accelerate growth and maximize value for the shareholders.
Shares of Meghmani Finechem Ltd was last trading in BSE at Rs. 763.75 as compared to the previous close of Rs. 785.30. The total number of shares traded during the day was 19031 in over 1553 trades.
The stock hit an intraday high of Rs. 800.00 and intraday low of 754.55. The net turnover during the day was Rs. 14590409.00.