Solara Active Pharma Sciences Limited announced that the board in its meeting held on March 8, 2024, approved the appointment of Mr. Arun Kumar Baskaran as Chief Financial Officer (CFO) of the company and designated him as key managerial personnel with effect from March 8, 2024. Mr. Arun is a Mechanical Engineering Graduate from Mepco Schlenk Engineering College, Sivakasi and has completed Masters in Business Administration with specialization in finance from ICFAI Business school (Hyderabad). Mr. Arun is currently working as Vice President (Strategy) in Solara leading Business finance & Strategy function.

He has been with the organization for more than 10 years. In 18+ years of professional career, he has handled budgeting, forecasting, MIS preparation, Mergers & Acquisition, financial modelling, fund raising, Setting up new Projects, capex appraisal, cost optimization, etc for Solara. He has implemented various renewable energy programs at Solara as part of the sustainability targets.

Previously, Mr. Arun was working with Deloitte and ITCOT Consultancy services handling consulting assignments in the area of investment banking, valuation, sick unit revival, feasibility studies, market study etc. across sectors.