Stock Report

Sanjeev Churiwala joins Tata Power as the new Chief Financial Officer



Posted On : 2022-01-03 17:23:50( TIMEZONE : IST )

Sanjeev Churiwala joins Tata Power as the new Chief Financial Officer

Sanjeev Churiwala joins Tata Power, one of India's largest integrated power companies, as the new Chief Financial Officer with effect from 1st January, 2022. Mr. Ramesh Subramanyam, the erstwhile CFO is moving into a new role within the Tata Group.

A Chartered Accountant by qualification, Mr. Churiwala has over 27 years of corporate experience spanning across the financial services sector including reporting and controlling of listed companies, exposure to projects, supply chain, fundraising, and M&A. He was previously with Diageo as the Regional Finance Director-APAC and Global Travel Retail. He has also worked with Holcim's Indian listed subsidiary Ambuja Cements.

Dr. Praveer Sinha, CEO & MD, Tata Power said, "We welcome Sanjeev to the Tata Power family. He brings with him vast experience in financial management along with strong strategic capabilities. His vast Indian and global experience will be valuable to us as we accelerate towards the next phase of profitable and sustainable growth."

Mr. Churiwala holds an Executive MBA degree from the London Business School and is a fellow member of The Institute of Chartered Accountants of India, Institute of Company Secretaries of India, and Institute of Cost Accountants of India.

Shares of Tata Power Company Limited was last trading in BSE at Rs. 223.35 as compared to the previous close of Rs. 220.90. The total number of shares traded during the day was 1187486 in over 12562 trades.

The stock hit an intraday high of Rs. 223.95 and intraday low of 216.10. The net turnover during the day was Rs. 263163001.00.

Source : Equity Bulls

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