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This power transfer is seen as a highly strategic business move taken up by the Adani Group to acquire better control over its finances after the Adani Group controversies. It will also lead Adani Power to the path of prosperity. With this transition, the company will also be able to manage its finances much better and take up more projects in the future.
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Adani Power Appoints New CFO to Be Effective from 1 April 2024
The Adani Power Limited board has recently appointed Dilip Kumar Jha as the company’s Chief Financial Officer. This will be effective from 1 April 2024. This power transfer is seen as a highly strategic business move taken up by the Adani Group to acquire better control over its finances after the Adani Group controversies. It will also lead Adani Power to the path of prosperity. With this transition, the company will also be able to manage its finances much better and take up more projects in the future.
The Newly Appointed Chief Financial Officer of the Adani Group Shailesh Sawa will step down from his current position as Chief Financial Officer of the company. He will be transitioning to a new role, which will be effective from the closure of the business hours on 31 March 2024. Jha has been presently serving the role of the head of the Finance and Accounts department within the Adani portfolio of companies.
Shailesh Sawa’s Transition to The New Role Shailesh Sawa was appointed as the Chief Financial Officer in July 2020, and he has been holding the office for over 3 years now. During his time as the CFO, he has helped the company acquire excellent financial stability.