Hot Pursuit

Scrips, which has significant changes during the market hours.

PDS appoints Rahul Ahuja as Group CFO
25-Jan-23 08:34Hrs IST

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).

Ahuja holds a Bachelor's degree in Commerce from Shri Ram College of Commerce, University of Delhi, and is a qualified Chartered Accountant. In his previous assignment, he was the President & Dy CFO for HDFC Ergo General Insurance.

Ahuja's appointment follows the resignation of Ashish Gupta with effect from the close of business hours on 24 January 2023. Gupta has decided to pursue the role of chief executive officer outside of PDS Group. Ashish has been associated with the PDS for 2 years.

PDS is a global fashion infrastructure company offering product development, sourcing, manufacturing and distribution for major brands and retailers worldwide. The company operates a vast global network covering over 50 offices, 22 countries, with over 3,300 associates and 6,500 factory associates worldwide.

Net profit of PDS rose 17.89% to Rs 77.51 crore on 15.33% rise in net sales to Rs 2573.75 crore in Q3 December 2022 over Q3 December 2021.

Shares of PDS rose 0.76% to Rs 337.65 on Tuesday, 24 January 2023.

Powered by Capital Market - Live News

Attention Investor :

"Prevent unauthorised transactions in your account ; Update your mobile numbers/email IDs with Us. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day” - Issued in the interest of Investors"

"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."

"No need to issue cheques by investors while subscribing to Equity IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

A Muthoot M George Enterprise