IL&FS Transportation Networks Limited announced that the cessation of Mr. Mohit Bhasin as Chief Financial Officer of the Company on completion of the employment contract effective September 30, 2022. The Board of Directors at its meeting held has therefore appointed Mr. Milind Gandhi as Chief Financial Officer & Key Managerial Personnel in his place effective October 1, 2022 within the provisions of Section 203 of the Companies Act, 2013. Milind is currently working as Vice President Finance/Accounts of the Company since February 6, 2020 and has over 24 years of experience in handling accounts/finance/taxation/treasury portfolios spanning across multiple profiles & industries.

Milind is a graduate in Commerce and a qualified Chartered Accountant and Company Secretary. Prior to joining the Company, he was associated as CFO in various companies like Reliance Capital Asset Management Limited, IIFL Finance Limited, JM Financial Products Limited and Cox & Kings Financial Service Limited.