Puravankara Welcomes Deepak Rastogi as New Group CFO; Joining January 15
Deepak Rastogi, a seasoned finance professional, is set to join Puravankara, a leading real estate firm based in Bengaluru, as the new group CFO on January 15. Rastogi is currently the president and group CFO at Deepak Fertilisers and Petrochemicals in Pu
PuravankaraDeepak RastogiCfoReal EstateBusiness DevelopmentReal Estate PuneJan 07, 2025
Rastogi is scheduled to join the firm on January 15, as stated in an official press release.
The company also made a significant internal promotion, elevating Neeraj Gautam from his current role as president-finance to the position of deputy chief financial officer.
This strategic move underscores Puravankara's commitment to strengthening its leadership team.
Rastogi brings a wealth of experience to Puravankara.
He is a chartered accountant and holds an MBA degree from SP Jain Institute of Research and Management.
Currently, he serves as the president and group CFO at Deepak Fertilisers and Petrochemicals Ltd, a leading chemicals firm based in Pune.
Prior to this, he held a strategic and transformation role within the same company.
Additionally, Rastogi has a long and successful tenure at Tata AutoComp Systems, a prominent auto components manufacturing firm, where he also served as president and group CFO.
The appointment of Rastogi comes at a crucial time for Puravankara, as the company is actively expanding its business development activities beyond its traditional southern markets.
The firm is particularly focusing on the residential and office sectors in Mumbai and Pune.
Puravankara has already secured multiple redevelopment projects in these cities, including a significant project in the lucrative south Mumbai market.
Puravankara is a well-established real estate developer known for its innovative projects and commitment to sustainable development.
The company has been a key player in the real estate market, particularly in the southern part of India, and is now strategically expanding its footprint to other major cities.
With Rastogi's expertise and leadership, Puravankara is poised to achieve its ambitious growth targets and continue delivering high-quality projects to its customers.
Frequently Asked Questions
Who is Deepak Rastogi and what is his new role at Puravankara?
Deepak Rastogi is a seasoned finance professional joining Puravankara as the new group CFO. He will start his role on January 15.
What is the current position of Neeraj Gautam at Puravankara?
Neeraj Gautam has been elevated to the role of deputy chief financial officer at Puravankara.
What experience does Deepak Rastogi bring to Puravankara?
Rastogi is a chartered accountant with an MBA from SP Jain Institute of Research and Management. He has extensive experience as the president and group CFO at Deepak Fertilisers and Petrochemicals and previously at Tata AutoComp Systems.
What are Puravankara's expansion plans?
Puravankara is expanding its business development activities beyond its traditional southern markets, focusing on the residential and office sectors in Mumbai and Pune, including redevelopment projects in south Mumbai.
What is Puravankara's reputation in the real estate market?
Puravankara is a well-established real estate developer known for its innovative projects and commitment to sustainable development, particularly in the southern part of India.
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