The Board of Directors of PDS Limited in its Meeting held on January 25, 2022 has appointed Mr. Rahul Ahuja as Group Chief Financial Officer of the Company with effect from January 25, 2023 consequent to the resignation of Mr. Ashish Gupta with effect from the close of business hours on January 24, 2023. Mr. Ashish Gupta has decided to pursue the role of Chief Executive Officer outside of PDS Group. The Board of Directors and management of the Company have placed on record deep sense contributions rendered by Mr. Gupta during his tenure as Group CFO.

Rahul Ahuja joined PDS Group as COO & CFO of New Businesses in India and was responsible for spearheading strategic initiatives. He has now taken on the role of Group CFO and will report to Sanjay Jain (Group CEO). Rahul is a seasoned finance professional with 27 years of industry experience.

He has spent 15 years in corporate banking with pedigree foreign institutions including Standard Chartered, Scotiabank, GE Capital. In his previous assignment, he was the President & Dy CFO for HDFC Ergo General Insurance. During his career, he has been in the CFO role for the last 12 years, during which he has also worked with Max India Group and Bharti AXA General Insurance.

He has handled large corporate accounts in the apparel and textile sector and has rich experience in fundraising, cash management, mergers and acquisitions, private equity transactions, business structuring to unlock value, turning around businesses, business transfer, shareholder & joint venture management, and investor relations. Rahul has hands-on experience in risk management, managing investment portfolios, financial planning and analysis, budgeting and forecasting, and improving productivity and operational processes. He also has vast experience in dealing with the board of directors and shareholders and has served on the board of multiple companies.

Rahul holds a Bachelor's degree in Commerce from Shri Ram College of Commerce, University of Delhi, and is a qualified Chartered Accountant.