DFM Foods Ltd informed that the Board of Directors has approved the appointment of Nikhil Mathur as CFO and key management staff of the company on July 1, 2021.
Meanwhile, Davinder Dogra has given notice to resign from the position of CFO and key management staff of the company to pursue other opportunities outside of DFM, which was accepted by the board of directors on July 1. 2021.
Nikhil Mathur is a Chartered Accountant and holds an MBA in Finance and Marketing from XLRI, Jamshedpur. He has 28 years of experience in leading and turnarounding businesses in the consumer products and technology industries, viz. Asian paints, Nokia and Microsoft.
Mathur brings with him a multifunctional domain expertise covering finance, strategy and sales. He held high impact CXO positions for 10 years and was a member of the board of directors of Nokia India. He is recognized for turning 3 companies around, developing and executing growth strategies, establishing systems and controls, and building world-class teams.
He won several awards and honors during his career.
Prior to accepting this assignment, Mathur was a consultant in the field of finance and strategy and worked with young companies, helping them to derive meaningful insights into financial data, to seize growth opportunities, to create models. viable business and to develop long-term business plans for investment and fundraising.
At around 9:30 am, DFM Foods was trading at Rs 404.95 per piece, up Rs 8.7 or 2.2% on BSE.