Voltas CFO Abhijit Gajendragadkar Steps Down

Posted by Voltas

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Abhijit Gajendragadkar, Chief Financial Officer (CFO) and KMP of the Company has decided to pursue interests outside Voltas and would be relieved from his duties on 30th June, 2019. The Board placed on record their appreciation for the contribution made by Abhijit Gajendragadkar during his tenure as the CFO of the Company and wished him good luck.

Further, based on the recommendation of the Nomination & Remuneration Committee and Audit Committee, the Board of Directors of the Company have at its Meeting held on 11thJune, 2019 approved the proposal of Mr. Anil George, Deputy Managing Director, taking over the responsibility of CFO of the Company in place of Mr. Abhijit
Gajendragadkar and will be re-designated as ‘Deputy Managing Director & CFO’ with effect from 1st July, 2019.

Anil George, a qualified Chartered Accountant, joined Voltas in July 2010 as Executive Vice President, Corporate Affairs and CFO (designate). He was appointed as the CFO of the Company in May 2011 and promoted as President (Corporate Affairs) & CFO in August 2013. Thereafter, he was appointed as Executive Director with effect from 1st September 2017 and as Deputy Managing Director with effect from 10th February 2018. Anil George is also on the Board of various subsidiary /joint venture companies of Voltas Limited, in India as well as overseas.

Prior to joining Voltas, Anil George has worked with Union Carbide India Limited for 6 years and with Hindustan Unilever Limited for 20 years. He has also worked with Tata Services Limited for 3 years during 2007-2010, prior to joining Voltas.―TVJ Bureau

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