TAKE Solutions Ltd. [BSE: 532890 | NSE: TAKE], a globally recognized domain intensive services provider in Life Sciences, today announced the appointment of Lalit Mahapatra as Chief Financial Officer.
Lalit comes with decades of experience in the life sciences industry with knowledge and deep acumen in business operations. Lalit is an established CFO with 25+ years of experience in Finance & Accounts, Fund Management & Budgeting, Strategic Planning & Financial Control, Merger & Acquisitions, Forex Management etc. Lalit has worked across several global organisations including Price Water House Cooper (PWC), Siemens, Schneider Electric etc. As Global Head M&A, Lalit has led the Company's growth through managing complex acquisitions and divestitures.
Lalit has been the recipient of the CFO of the Year Award in 2013 and 2014. He has also won the Pinnacle Award (Highest Performance Award) in Siemens Worldwide for 'Best Performance towards Business Improvement' in 2006.
Lalit is a Chartered Accountant from Institute of Chartered Accountants of India, Certified Public Accountant, USA and holds a Diploma in IFRS from ACCA, London.
Srinivasan H R, Vice Chairman and Managing Director, TAKE Solutions said, "As the organisation goes through a series of management changes, we take this opportunity to strengthen our commitment through these consolidation measures. I am confident Lalit with his strong Finance and Accounting expertise would bring in a fresh perspective and steer in building shareholder value and strengthening governance systems and commercial collaboration in the Company."
Lalit Mahapatra, Chief Financial Officer, TAKE Solutions said," As we transition through these unprecedented times, I am excited to be taking up this new role at TAKE Solutions. We are equipped with the right strategies to help us move forward in getting us to a profitable shape in the coming quarters. I look forward to creating value for customers, partners and all shareholders alike."
Shares of TAKE SOLUTIONS LTD. was last trading in BSE at Rs.50.4 as compared to the previous close of Rs. 51.65. The total number of shares traded during the day was 43166 in over 493 trades.
The stock hit an intraday high of Rs. 52.4 and intraday low of 49.85. The net turnover during the day was Rs. 2214368.