Bata India Limited announced the appointment of Anil Ramesh Somani and Ravindra Dhariwal to its Board of Directors.
According to the company’s exchange filing, “The Board of Directors of Bata India Limited (the “Company”) at its meeting held today, i.e., April 25, 2023, based on the recommendations of the Nomination and Remuneration Committee (NRC) has, inter alia, approved the following, subject to approval of the Members of the Company through Postal Ballot: 1. Appointment of Mr. Anil Ramesh Somani (DIN: 10119789) as a Whole-Time Director designated as Director Finance and CFO (KMP) of the Company, liable to retire by rotation, for a period of 5 (five) consecutive years with immediate effect. 2. Appointment of Mr. Ravindra Dhariwal (DIN: 00003922) as a Non-Executive Non-Independent Director of the Company, liable to retire by rotation, for a period of 2 (two) consecutive years commencing from May 27, 2023.”
Anil Ramesh Somani is a qualified Chartered Accountant. He has over 25 years of experience in Finance, Strategy, compliance, information management and business development functions. He has worked with reputed organizations like Croma, Walmart, Metro Cash & Carry, etc. at various positions including CFO, Head of Finance, etc. Prior to joining the Company, he was working with Reliance Retail, as an Executive Vice President & CFO for Digital Business.
Ravindra Dhariwal is an engineer from IIT Kanpur, and an MBA from IIM Calcutta. He was bestowed the Distinguished Alumni Award by IIM Calcutta in 2013 and also from IIT Kanpur in 2019.
Dhariwal started his career with Unilever in India in 1977, and worked for them in India and Australia for over 12 years mostly in Sales and Marketing management.
Dhariwal is co-founder and Chairman of Sagacito Technologies, a data analytics firm specialising in helping enterprises maximise their revenues. He is also Senior Advisor, Mentor and Board Member of several leading listed and private firms. Just prior to co–founding Sagacito, he was the Group CEO of Bennett & Coleman. Prior to that, he worked with PepsiCo for 12 years. Dhariwal was also the world-wide President of International News Media Association from 2011-2013.
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