Puravankara Appoints Deepak Rastogi as Group CFO

Bengaluru-based real estate giant Puravankara Limited has appointed Deepak Rastogi as the Group Chief Financial Officer (CFO), effective January 15, 2025. Neeraj Gautam, the current President of Finance, will take on the role of Deputy Chief Financial Off

Real EstateCfoPuravankaraDeepak RastogiFinancial ManagementReal EstateJan 07, 2025

Puravankara Appoints Deepak Rastogi as Group CFO
Real Estate:Bengaluru-based real estate major Puravankara Limited has appointed Deepak Rastogi as the Group Chief Financial Officer (CFO), effective January 15, 2025.
This strategic move aims to strengthen the company's financial controls and operational efficiencies.

Neeraj Gautam, who has been serving as the President of Finance at Puravankara Limited, will be elevated to the role of Deputy Chief Financial Officer.
This transition is expected to bring a seamless integration of new financial strategies and enhance the company’s growth trajectory.

Ashish Puravankara, the Managing Director of Puravankara Limited, expressed his enthusiasm about the new appointment.
“We are excited to have Deepak on board to strengthen our operating efficiencies and financial controls in line with our future plans.
His vast experience and strategic acumen will be instrumental as we pursue expansion opportunities.
We are confident his leadership will contribute significantly to our ongoing success,” he said.

Deepak Rastogi brings over three decades of experience in finance, strategy, and transformation across diverse industries and international markets.
He has held leadership positions in several prominent companies, including President & Group CFO at Deepak Fertilisers and Petrochemicals Ltd.
and President & Group CFO at TATA Autocomp Systems Ltd.

Rastogi is a Chartered Accountant and holds an MBA from the SP Jain Institute of Research & Management.
His extensive background in financial management and strategic planning is expected to be a valuable asset to Puravankara Limited as the company looks to expand its footprint in the real estate market.

Puravankara Limited is a leading real estate developer based in Bengaluru, India.
The company is known for its commitment to delivering high-quality residential and commercial projects.
With a strong focus on innovation and customer satisfaction, Puravankara has established itself as a trusted name in the real estate industry.
The company's portfolio includes a diverse range of projects such as apartments, townhouses, and commercial complexes, catering to various market segments.

The appointment of Deepak Rastogi as the new Group CFO is a testament to Puravankara’s commitment to maintaining robust financial health and driving sustainable growth.
With his expertise and strategic vision, Rastogi is expected to play a crucial role in shaping the company's future and ensuring its continued success in a highly competitive market.

Frequently Asked Questions

Who has been appointed as the new Group CFO of Puravankara Limited?

Deepak Rastogi has been appointed as the new Group CFO of Puravankara Limited, effective January 15, 2025.

What is the new role of Neeraj Gautam at Puravankara Limited?

Neeraj Gautam, who has been serving as the President of Finance, will be elevated to the role of Deputy Chief Financial Officer.

What is the background of Deepak Rastogi?

Deepak Rastogi has over three decades of experience in finance, strategy, and transformation across diverse industries and international markets. He has held leadership positions including President & Group CFO at Deepak Fertilisers and Petrochemicals Ltd. and President & Group CFO at TATA Autocomp Systems Ltd.

What is the significance of Deepak Rastogi's appointment for Puravankara Limited?

The appointment of Deepak Rastogi is significant as it aims to strengthen Puravankara Limited's financial controls and operational efficiencies. His expertise is expected to be instrumental in the company's pursuit of expansion opportunities and ongoing success.

What is Puravankara Limited known for?

Puravankara Limited is known for its commitment to delivering high-quality residential and commercial projects. The company is based in Bengaluru, India, and has a strong focus on innovation and customer satisfaction.

Related News Articles

India's Next Boomtowns: 17 Cities Primed for Rapid Real Estate Development
real estate news

India's Next Boomtowns: 17 Cities Primed for Rapid Real Estate Development

Ayodhya, Varanasi, Puri, and 14 other cities are set to witness significant real estate growth driven by spiritual tourism, infrastructure projects, and digitization.

June 18, 2024
Read Article
Mahindra Lifespace Secures Two Lucrative Deals Worth ₹2050 Cr, Shares Surge 6%
Real Estate

Mahindra Lifespace Secures Two Lucrative Deals Worth ₹2050 Cr, Shares Surge 6%

Mahindra Lifespace Developers Ltd has secured two deals worth ₹2050 crore, bolstering its presence in high-potential markets and underscoring its commitment to delivering quality living spaces.

July 5, 2024
Read Article
Godrej Properties Seeks Rs 6000 Crore through QIP to Bolster Real Estate Ventures
Real Estate

Godrej Properties Seeks Rs 6000 Crore through QIP to Bolster Real Estate Ventures

Mumbai-based real estate major, Godrej Properties Limited (GPL), is seeking to raise Rs 6000 crore through a Qualified Institutional Placement (QIP) to fund its upcoming projects and strengthen its financial position.

November 29, 2024
Read Article
CREDAI-MCHI and MAHAPREIT Collaborate on Air Emissions Assessment and Roadmap Development in Mumbai
Real Estate Mumbai

CREDAI-MCHI and MAHAPREIT Collaborate on Air Emissions Assessment and Roadmap Development in Mumbai

Mumbai (Maharashtra), December 21: CREDAI-MCHI, the leading organization representing the real estate industry in the Mumbai Metropolitan Region (MMR), has signed a Memorandum of Understanding (MoU) with MAHAPREIT to assess air emissions and develop a com

December 21, 2024
Read Article
M3M India Set to Repay Rs 1300 Crore Indiabulls Loan for Panipat Project
Real Estate Mumbai

M3M India Set to Repay Rs 1300 Crore Indiabulls Loan for Panipat Project

M3M India is poised to repay a substantial Rs 1300 crore loan to Indiabulls, making the Group debt-free and significantly boosting investor confidence in the real estate sector.

March 31, 2025
Read Article
MHADA to Redevelop Bandra Reclamation and Adarsh Nagar Clusters: A Transformative Project
Real Estate Maharashtra

MHADA to Redevelop Bandra Reclamation and Adarsh Nagar Clusters: A Transformative Project

The Maharashtra state cabinet has approved a proposal to redevelop the Bandra Reclamation and Adarsh Nagar clusters, spearheaded by MHADA. This move aims to modernize infrastructure and improve living conditions in these areas.

April 9, 2025
Read Article