Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Google
Web www.equitybulls.com
Stock Report

| More

PDS Multinational Fashions Limited appoints Sanjay Jain as Chief Executive Officer

Posted On: 2021-01-11 02:31:54 (Time Zone: Arizona, USA)


PDS Multinational Fashions Limited ("the Company"), one of the world's largest design-led sourcing, manufacturing & supply chain platforms catering to leading brands and retailers globally, announced today the appointment of Mr. Sanjay Jain as Chief Executive Officer with effect from 15th January 2021.

Mr. Sanjay Jain has over 26 years of experience in leading transformation across various companies and helping them unlock their intrinsic value. He has raised over USO 4 billion from some of World's marquee strategic, private equity and financial investors. Sanjay was previously the CEO of Future Retail Limited and the Group CFO of Future Group. During his nearly 6 years at Future Group, he was part of the core leadership team spearheading the transformation, growth agenda and introduce commensurate systems & processes. This led to meaningful improvements in the operating and financial footprint of Future Group entities resulting in significant unlocking of intrinsic value. Sanjay has been honored as "Best CFO" on multiple occasions by esteemed organizations. In his previous roles, he has been instrumental in the acquisition of companies in India, Belgium, Canada, US, Ireland, France, and Indonesia. Earlier based in Belgium during one of his assignments, Sanjay was part of the senior team responsible for the integration of acquired companies, turning them around and putting them back on the growth agenda. Sanjay Jain is a gold medalist during graduation, has a Master's degree in Management, and is also a certified Six Sigma Black Belt.

"We have created an asset-light Company that has achieved double-digit growth year on year over the past decade. PDS today is a true Indian Multinational Company. Through its global footprint, it has been successful in building strong relationships with some of the world's leading retailers serving them across both physical and digital distribution channels. Rather than acquiring companies, PDS has been built through joining hands with entrepreneurs across the globe and supporting them through the PDS platform. Now we are embarking on a journey of even more profitable growth with higher returns on capital employed by expanding the business in new territories, new product segments, and new customers. We are pleased to have Sanjay, a seasoned senior professional, with global experience, who led various transformation, growth, and value creation initiatives, join us in this journey. Sanjay will focus on and facilitate building a much stronger and profitable organization." Said Pallak Seth, Vice Chairman of PDS Group.

"He will drive initiatives for building financial strength, operational excellence, and shareholder value creation. We are excited to have Sanjay Jain join us, who comes with a great performance track record." said Deepak Seth, Chairman of PDS Group.

"I would also like to thank the current CEO, Mr. Om Prakash Makam for his contributions in the PDS journey thus far. Since joining PDS Group in 2009, for over a decade Om has led & contributed to many growth initiatives of our business. Om will continue to undertake PDS Group COO role to lead special assignments and strategic initiatives" added Pallak Seth.

Shares of PDS Multinational Fashions Ltd was last trading in BSE at Rs.536.5 as compared to the previous close of Rs. 526.1. The total number of shares traded during the day was 1634 in over 89 trades.

The stock hit an intraday high of Rs. 536.5 and intraday low of 529. The net turnover during the day was Rs. 869384.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Sharda Cropchem Ltd Q3FY21 consolidated PAT jumps to Rs. 48.30 crore

Natural Capsules Ltd reports consolidated PAT of Rs. 1.62 crore in Q3FY21

TGV Sraac Ltd reports lower Q3FY21 net profit of Rs. 9.85 crore

Aarti Drugs Ltd Q3FY21 consolidated PAT drops QoQ to Rs. 68.04 crore

Lakshmi Electrical Control Systems Ltd Q3FY21 net profit at Rs. 0.0875 crore

PG Electroplast Ltd Q3FY21 net profit rises to Rs. 6.49 crore

Kirloskar Ferrous Industries Ltd Q3 net profit jumps to Rs. 118.32 crore

Stylam Industries Ltd reports Rs. 12.46 crore consolidated PAT in Q3FY21

Vinyl Chemicals India Ltd posts Rs. 4.83 crore PAT in Q3 FY2020-21

APL Apollo Tubes Ltd Q3FY21 consolidated PAT higher at Rs. 132.04 crore

Thomas Cook India inks strategic agreement with Destination Maldives

PNC Infratech Limited receives LOAs for Six New Rural Drinking Water Supply Projects on EPC mode for an aggregate value of Rs. 2475.00 crore

Arihant Capital Markets Ltd posts consolidated PAT of Rs. 8.94 crore in Q3FY21

Kotak Mahindra Bank posts Rs. 2575.74 crores consolidated PAT in Q3 FY2020-21

Shri Jagdamba Polymers Ltd Q3 net profit jumps to Rs. 11.35 crore

UCO Bank Q3FY21 PAT at Rs. 35.44 crore

DCW Limited board approves fund raising through warrants

Lupin Receives approval for Sevelamer Carbonate Tablets

Strides receives USFDA approval for Ursodiol Capsules

Kiri Industries Limited starts commercial production of Specialty Intermediates at Vadodara Palnt

Bannari Amman Spinning Mills Ltd board approves stock split, CDR

Padget Electronics to commence manufacturing of Nokia smartphones as HMD Global's manufacturing partners

Zydus' Desidustat shows efficacy and safety in treating Hypoxia in hospitalized Covid-19 patients in Mexico

Wipro recognised as Top Employer 2021 in Australia for the second consecutive year

Antony Waste Handling Cell Ltd updates on business during Q3 FY21

Tiaan Consumer Limited Signs Up as a Beauty Partner for Safe Speed Challenge

R S Software India Ltd posts loss of Rs. 5.11 crore in Q3FY21

NCL Industries Ltd to set up 2000 TPD cement grinding unit

Riba Textiles Limited to expand capacity

United Spirits Limited to sell its stake in Tern Distilleries Pvt Ltd for Rs. 30 crore

Hinduja Global Solutions Limited arm raises stake in HGS Digital LLC to 100%

Adani Green Energy Signs Agreement to Acquire 20 MW Operating Solar Asset for INR 133 cr

Steel Exchange India Limited receives OTS sanction letters from all lenders

DCB Bank Ltd posts Q3FY21 net profit of Rs. 96.21 crore

Vivanza Biosciences Ltd posts consolidated PAT of Rs. 0.16 crore in Q3

Arihant Superstructures Ltd Q3FY21 consolidated net profit at Rs. 1.94 crore

ICRA reaffirms rating of IIFL Finance Ltd, IIFL Home Finance Ltd

Zenotech Laboratories Ltd appoints Mr. Devendra Chandrakant S. Kenkre as CEO

Polycab India Ltd reports Q3FY21 consolidated PAT of Rs. 262.50 crore

JM Financial Ltd posts consolidated PAT of Rs. 180.76 crore in Q3 FY2020-21

Birla Corporation Ltd Q3FY21 consolidated PAT at Rs. 148.42 crores

Sportking India Ltd Q3 net profit zooms to Rs. 30.32 crore

APM Finvest Ltd Q3FY21 net profit jumps to Rs. 6.90 crore

Ultratech Cement Ltd reports jump in Q3FY21 consolidated PAT to Rs. 1584.34 crores

Supreme Industries Ltd Q3FY21 Q3FY21 consolidated PAT zooms to Rs. 312.28 crore

Mahindra Lifespaces achieves residential sales of Rs. 195 crores during Q3FY21 up 70% over Q2FY21

Rossari Biotech Ltd Q3FY21 consolidated PAT up at Rs. 21.60 crore

Vimta Labs Ltd Q3FY21 net profit up at Rs. 8.01 crore

Pudumjee Paper Products Ltd reports loss in Q3FY21

Zydus Cadila receives final approval from USFDA for Liothyronine Sodium Tablets



Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020