ITD Cementation India Limited announced on the recommendation of the Nomination and Remuneration Committee and Audit Committee, the Board of Directors, at its Meeting held on 28 May 2025 have considered and approved the appointment of Mr. Nitesh Sharma as Chief Financial Officer of the Company with effect from 16 June 2025. Mr. Nitesh Sharma has post qualification (CA) experience of 23 plus years. Presently, he is associated with Adani Connex Private Limited as Associate Vice President & Finance Controller.
As Associate Vice President and Finance Controller, his key responsibilities as under. Financial reporting, Planning & analysis, Project financing and borrowing, Treasury Management, Capex, Business development, Customer acquisitions, Contract negotiations, Strategic planning, Forecasting and budgeting, and Taxation and policy advocacy. Resignation of Mr. Prasad Patwardhan as Chief Financial Officer.
Mr. Prasad Patwardhan, vide letter dated 28 May 2025, has resigned from the position of Chief Financial Officer of the Company to take effect from the close of business hours of 31 May 2025, on account of personal and professional goals outside the organization.
