Coal India nominates S. K. Mehta as CFO
Coal India appointed S. K. Mehta, GM (Finance), as CFO of the company. The company said that it S. Ghatak Choudhary, GM (Finance) I/C & CFO, would be superannuating from the services of the company w.e.f. 31 December 2021. Consequently, he will cease to be the CFO of the company w.e.f. 1 January 2022.
Accordingly, the company has appointed S. K. Mehta, GM (Finance), as CFO of the company from 1 January 2022.
On a consolidated basis, the PSU coal major's net profit fell 0.6% to Rs 2,932.73 crore on 9.3% increase.
Coal India is a coal mining company engaged in the production and sale of coal and the shares of Coal India fell 1.54% to currently trade at Rs 146.60 on BSE.
S.k. Mehta is a Chartered Accountant and Company Secretary (Inter) by profession, having experience in functional areas of finance and corporate secretarial discipline. He also served as the Chairman of Dhanbad branch of CIRC of ICAI and as a co-opted member of committee of members of industry of EIRC & CIRC of ICAI, according to the statement.