IRCON International Limited announced the appointment of Ragini Advani as Director (Finance), with effect from April 19, 2022.
According to the company’s exchange filing, “Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, it is to inform that in terms of Railway Board letter no.2020/E(O)1I/40/12 dated 18th April, 2022 Ms. Ragini Advani (DIN: 09575213) has assumed the charge of the post of Director (Finance), IRCON w.e.f.19th April, 2022 (AlN) for a period of five years or till the date of her superannuation or until further orders, whichever is the earliest.”
Ragini Advani, is a Chartered Accountant and Cost Accountant by qualification with about 25 years of post-qualification experience in Finance. She is a rank holder in both Chartered Accountancy and Cost Accountancy exams, the statement said.
Before joining IRCON, Advani has worked as GM (F&A) with Engineers India Limited (EIL), a technical consultancy CPSE in oil & gas sector and was in-charge of accounting & dealt with C&AG / statutory auditors, concurrence of all marketing proposals and marketing finance, billing & related matters, budgeting & MIS and business development proposals. She was also part of Chairman Office for 2 years and also held additional charge of Company Secretariat department for almost a year in EIL.
Her previous experience was with NTPC SAIL Power Company Private Limited (NSPCL) and KPMG. She has rich and varied experience in Corporate Finance which includes dealing with valuations, mergers / demergers and acquisitions, financial restructuring, treasury management, arranging loan financing, corporate planning & budgeting, commercial billing and purchase of coal through e-auction, regular MIS, dealing with CAG, dealing with CERC for finalisation of tariff orders and signing long term PPAs.
Advani has also been subject matter expert / mentor for ‘in-house’ senior management programmes of EIL in respect of finance matters, a statement said.
IRCON International or Indian Railway Construction Limited, is under the ownership of Indian Railways, Ministry of Railways, Government of India and an engineering & construction corporation, specialized in transport infrastructure.
