ITD Cementation India Limited Announces Board Changes
November 01, 2018 at 10:13 am EDT
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ITD Cementation India Limited announced that at its board of directors meeting held on October 31, 2018 appointed Mr. Jayanta Basu as an Additional Director of the company and Whole-time Director designated as Deputy Managing Director of the Company for a period of one year with effect from the date of obtaining Director Identification Number from the Central Government by him. Appointed Mr. Pankaj I.C. Jain (DIN 00173513) as an Additional Director and an Independent Non-Executive Director of the Company for a term of 5 years with immediate effect. Mr. Jayanta Basu has been working with the Company since 1986. His last designation was Senior Executive Vice President of the Company holding position of Chief Operating Officer, heading the entire Operation of Company and responsible for Project Profit & Loss, Safe execution with required Quality and up to the satisfaction of the Customer. Having extensive knowledge on customer in Indian market, able to extend and guide Business Development and estimation. Mr. Jayanta Basu is one of the few experts in the marine segment and has been instrumental in the growth of the Marine Segment of the Company. He has worked extensively in all marine projects of the Company and has also experience in other segments too. His core competencies are in the area of Planning, Execution, Business Development, Commercial Tendering & Estimation, Resource Utilization etc. Mr. Pankaj I.C. Jain is Managing Partner at Khandelwal Jain & Company - Chartered Accountants. He has wide knowledge of Tax Litigation, Tax Advisory & Audits of large Corporates, Stock Exchanges, Government Corporations, Financial Institutes, Banks & Insurance Companies. He was a Council member of the Institute of Chartered Accountants of India from 2001 to 2016. He is holding Directorship in several Companies and has been a Member III many Committees constituted by SEBI, RBI, ICAI etc.
ITD Cementation India Limited is an India-based engineering and construction company. The Company is involved in the heavy civil, infrastructure, and engineering, procurement and construction (EPC) business and operates in India. The Company is engaged in urban infrastructure, Mass Rapid Transport Systems (MRTS) and airports; highways, bridges and flyovers; maritime structures; industrial structures and buildings; water and wastewater; foundation and specialist engineering, and hydro, dams, tunnels and irrigation. It is focused on construction of flyovers, underpasses and river bridges using specialized foundation techniques. The Company offers a modern and comprehensive range of construction techniques for the construction of piles and diaphragm walls, ground improvement, drilling grouting works, rock anchors, slope stabilization and rehabilitation work. The Companyâs subsidiaries include ITD Cementation Projects India Limited, ITD Cemindia JV and ITD Cem-Maytas Consortium.