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
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
Current Gold Prices in Major Indian Cities: Latest Rates and Updates
Stay updated with the latest gold prices for 10 grams of 22-carat gold in major Indian cities across India.
Equinox India Developments Limited: The New Face of Indiabulls Real Estate
Listed real estate developer Indiabulls Real Estate Limited has undergone a transformation, changing its name to Equinox India Developments Limited with effect from June 20, 2024.
Real Estate Entrepreneur Kamlesh Kumar Jailed in Ranchi Amid Money Laundering Probe
The Enforcement Directorate (ED) has arrested Real Estate businessman Kamlesh Kumar in Ranchi under the Prevention of Money Laundering Act (PMLA).
Navneet Rana to Skip Maharashtra Assembly Polls, Eyes Rajya Sabha Seat
Navneet Rana, a prominent political figure in Maharashtra, has announced that he will not contest in the upcoming Maharashtra Assembly elections. Instead, he is setting his sights on a membership in the Rajya Sabha. This decision comes after a series of s
Micromitti to Launch SM-REITs: A New Era for Real Estate Investment in Central India
Micromitti, a leading PropTech firm in Central India, is set to introduce Real Estate Investment Trusts (REITs), AIF Category 2 Real Estate Funds, and Private Equity (PE) investments, providing high-return opportunities for individual investors.
Bhopal Sees Property Rates Soar by Up to 200% in 243 Locations
Property rates in Bhopal have increased by up to 200% in 243 locations, including prime areas like Arera Colony, 10 Number Market, and MP Nagar, sparking opposition from builders and developers.