Amit Jain assumes role as CFO, RattanIndia Enterprises Ltd

RattanIndia Enterprises (REL), a leading Company building businesses in new-age sectors including electric motorcycles, e-commerce, fintech and drone solutions today shared that industry veteran Amit Jain has assumed role as Chief Financial Officer, Rattan India Enterprises, effective April 2nd, 2022.

Amit comes with nearly 2 decades of rich industry experience in Finance and Operations at marquee institutions such as Global Infrastructure Partners, IDFC, EY, Shapoorji Pallonji, Macquarie Bank, Discovery Channel and Red Fort Capital.

REL, has embarked on a mission to scale up and position diverse, newage businesses into world-competitive entities, which will be at the forefront of their respective segments. Central to this approach will be the rapid establishment of financial and operating capabilities, as these will help scale up the respective businesses and lay the foundation for sustainable performance.

Concurrently, the purview of the new-age CFO too has evolved around, defining, and implementing corporate best-practices, process setting, review / oversight & diligence, liaising with key stakeholders and investor outreach.

Fully versed in organization building and shaping growth, Amit's leadership at REL will be invaluable to the growth and scale up of the Company. Amit's keen understanding of industry dynamics, regulatory & compliance framework, and his extensive business relationships, would be instrumental to achieving strategic milestones by REL.

Commenting on the development, Anjali Rattan Nashier, Business Chairperson, RattanIndia Enterprises said, "Our association with Amit comes at an opportune time during the scale up of our businesses. His profile in leadership and experience are an asset to any company, and we are most pleased that he has joined RattanIndia Enterprises Ltd. as we set out to create new paradigms in Indian entrepreneurship and new-age industries."

With foresight and acumen, REL's founders have enabled a conducive environment to assimilate and nurture smart talent and today's announcement is a true testament to their commitment.

Shares of RattanIndia Enterprises Limited was last trading in BSE at Rs. 47.90 as compared to the previous close of Rs. 46.10. The total number of shares traded during the day was 145173 in over 1158 trades.

The stock hit an intraday high of Rs. 48.40 and intraday low of 46.40. The net turnover during the day was Rs. 6861625.00.

Source : Equity Bulls

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