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Tag: Finance Leadership

  • Epack Group names Narayan Lodha as executive director and group CFO to sharpen financial play

    Epack Group names Narayan Lodha as executive director and group CFO to sharpen financial play

    MUMBAI: When a conglomerate with IPOs on the radar and diversified ambitions across durables, prefab, and packaging needs a steady hand on the financial tiller, it turns to a pro. Epack Group has done just that by appointing Narayan Lodha as its executive director & group chief financial officer, effective immediately.

    The move signals Epack’s intent to bolster its financial firepower as it deepens its presence across consumer durables, prefabricated construction, EPS-based packaging, and petrochemicals. Lodha, a CA & company secretary, brings over 25 years of experience in corporate finance, capital markets, and strategic planning.

    He steps into the role with an extensive resume: Lodha previously held senior posts at Vikram Solar, Inox Wind, Ravindra Energy, and Indian Energy Exchange. His track record includes leading IPOs, private equity placements, and debt raises. He also played critical roles in turnaround strategies and capital optimisation in India’s manufacturing and renewables sectors.

    “We are delighted to welcome Narayan to the Epack family. His depth of experience in financial strategy and capital markets will be invaluable as we embark on our next phase of accelerated growth. His leadership will help us stay agile, resilient, and aligned with our long-term vision”, said Epack Group group chairman & whole-time director Bajrang Bothra.

    Lodha’s appointment comes on the heels of robust year-on-year growth for Epack Group. Epack Durable is already listed, and Epack Prefab Technologies has filed its Draft Red Herring Prospectus (DRHP) in preparation for a planned IPO. In this context, Lodha’s mandate is clear: reinforce governance, optimise capital deployment, and steer financial strategy to power Epack’s ascent.

    “I am excited to join Epack Group at such a dynamic time in its journey. The Group has built a solid reputation for innovation, agility, and operational excellence. I look forward to working closely with the leadership team to strengthen our financial systems, support strategic growth, and create long-term value for all stakeholders”, said Lodha.

    His leadership is expected to support a sweeping transformation, as Epack Group scales its ambitions with a sharper focus on fiscal discipline and stakeholder trust.

  • Greencell Mobility designates Manish Poddar as chief financial officer

    Greencell Mobility designates Manish Poddar as chief financial officer

    MUMBAI: Greencell Mobility has appointed Manish Poddar as its new chief financial officer (CFO), reinforcing its leadership in the electric mobility sector. Backed by Eversource Capital, Greencell is focused on driving sustainable transportation solutions in India. In his new role, Poddar will oversee fundraising, governance, compliance, treasury management, and investor relations, ensuring the company is well-positioned for future growth.

    Bringing over 24 years of experience, Poddar has held key leadership roles across GMM Pfaudler Ltd, Diversey, and Ranbaxy (Sun Pharma). His expertise spans financial strategy, capital structuring, and compliance, making him an ideal fit for Greencell’s ambitious plans. He has also worked with portfolio companies of Bain Capital, DBAG, and Chrys Capital, further strengthening his strategic and operational acumen.

    Greencell’s decision to bring Poddar on board highlights its commitment to strong financial leadership at a time when electric mobility is gaining momentum in India. As the country accelerates its transition towards green transportation, Poddar’s extensive experience will play a crucial role in driving financial stability and expansion for the company.

  • Poshn names Anit Kunj Gupta as finance director to lead growth strategy

    Poshn names Anit Kunj Gupta as finance director to lead growth strategy

    MUMBAI: What happens when you mix a food supply chain revolution with 20 years of financial wizardry? You get Anit Kunj Gupta, the latest heavyweight addition to Poshn’s leadership team.

    If you thought supply chain logistics and financial planning couldn’t get exciting, think again. Poshn, founded in 2021, isn’t just another startup; it’s a game-changer in India’s food value chain. And Anit’s arrival promises to turbocharge their ambitious growth plans.

    Poshn announced the appointment of Anit Kunj Gupta as senior director – finance & accounts, ushering in a new era of financial excellence and strategic leadership. Anit’s expertise, honed at industry giants like Zydus Wellness, Whirlpool Corporation, Udaan, and Carlsberg Group, makes him uniquely equipped to streamline Poshn’s financial framework and help SMEs thrive in the food value chain.

    India’s food value chain has always been ripe for disruption, and Poshn has been shaking things up by empowering SMEs with innovative solutions. Now, with $8 million (approximately Rs 65 crore) in equity and another $8 million in debt raised during their pre-Series A funding, the stakes couldn’t be higher.

    With Anit on board, Poshn looks ready to:

    . Expand private label offerings

    . Optimise supply chain processes

    . Penetrate new markets

    How does someone like Anit Kunj Gupta, with two decades of financial experience, approach a startup in full-throttle growth mode?

    Poshn’s co-founder, Shashank Singh expressed excitement about Anit’s appointment, “We are thrilled to welcome Anit to the Poshn family. His extensive experience in the food supply chain and his work with SMEs will solidify our position as a global leader in the food value chain.”

    Meanwhile, Anit himself couldn’t hide his enthusiasm, “I am delighted to join Poshn at such a pivotal phase of its journey. Poshn’s mission to simplify the food value chain resonates deeply with my professional ethos.”

    But here’s the kicker. Anit isn’t just about numbers. When he’s not crunching financials, he’s either driving, playing chess, or cracking jokes. A finance guy with a sense of humour? Now that’s a rarity!

    With an experienced leader like Anit in the driver’s seat, Poshn is poised to navigate the complexities of the food supply chain and emerge as a force to be reckoned with. So, the next time you think of food supply chains, remember: Finance is the secret ingredient.