GVK Power & Infrastructure Limited at its meeting held September 26, 2023, the board has appointed Mr. Sanjeev Kumar Singh as the Chief Financial Officer (KMP) of the Company in terms of section 203 of the Companies Act, 2013 read with Rules made thereunder. Effective from September 26, 2023. Mr. Sanjeev Kumar Singh has completed BA (Maths Hons) from Banaras Hindu University and is a Member of The Institute of Chartered Accountants of India.

He has also completed a Certificate Course on Advanced Program on Strategr for Leaders, from IIM Lucknow' He has over 33 Years of experience in the field of Finance and Accounts. The following is the brief summary of the Skills possessed by Mr. Sanjeev Kumar Singh: Skilled in conceptualising and implementing financial procedures, managing moclern accounting systems including finalisation of accounts of a listed entity with multiple subsidiaries. Adept at setting up budgets and implementing systems/procedures, conducting analysis, preparing key reports.

Well versed in implementing financial control and enhancing overall efficiency of the organisation. Adroit in preparing budgets, forecasts and business plans aimed at maintaining organisational bottom lines and enhancing profitability. Design/implement cost reduction strategies leading to reduced annual overheads and significant increase in cost savings.

Conduct audits and implement effective internal controls based on organisational policies and other statutory regulations. Implement and document audit program tests for financial/operational audits in compliance to internal (audit methodolory and risk management) and external (regulatory) audit requirements. Mr. Sanjeev Kumar Singh had joined GVK Group in the year 2OO7 and presently is serving as Senior Vice President (Finance & Accounts) wherein the following are the key responsibilities assumed by him during his tenure: Evaluate cost accounting, finance, fixed assets, tax and internal control functions pertaining to assigned business units for accomplishing revenue targets.

Prepare and update annual budget of the GVKPIL group,quarterly reviews with respective department heads. Follow up with various teams and stakeholders; negotiate with banks for maintaining adequate cash flow to cater to existing as well as future business ventures. Assess monthly balance sheet accounts, follow up and resolve any unusual or incorrect balances.

Set up effective systems related to book-keeping, payments, and petty cash. Generate awareness on organizational policies, procedures and other statutory regulations for implementing the same in day-to-day business transactions. Guide team members in interpreting and implementing legal and service contract parameters, Collaborate with the management in implementing business expansion plans including updating and implementing business policies, accounting practices.

Recommend various cost saving initiatives and suggestions for improvement to internal control and procedures. Interact with the external auditor and tax advisor for preparing audit /tax requirements, resolving audit as well as tax queries. Follow up with other departments, external partners including third-party vendors and consultants for maintaining seamless operations.

Prepare and present various status reports to the senior management and other stakeholders to enable effective decision making.