Lalit Malik resigns as Torrent Power CFO; co appoints Saurabh Mashruwala ...Middle East

Economy by : (Business Standard) -
Torrent Power Ltd on Thursday announced its Chief Financial Officer (CFO) Lalit Malik has resigned with immediate effect. The Board of Directors at its meeting on Thursday accepted the resignation tendered by Malik due to health reasons, Torrent Power said in a regulatory filing. "Accepted the resignation tendered by Lalit Malik from the position of CFO and Whole Time Key Managerial Personnel of the Company w.e.f. close of working hours of April 13, 2023, due to health reasons," it said. The board also approved the appointment of Saurabh Mashruwala as the next CFO and Whole Time Key Managerial Personnel of the company effective April 14, 2023. Mashruwala has over 33 years of experience in th

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