On the recommendation of Nomination & Remuneration Committee and Audit Committee; Board of Directors of Walchandnagar Industries Limited in their adjourned Board meeting held on 21 May, 2019 have approved appointment of Mr. Sandeep Kumar Jain as Chief Financial Officer of the company with effect from May 22, 2019. Mr. Sandeep Kumar Jain is a qualified CA with around 25 years of rich experience in Finance & Accounts, Commercial Projects. His last association was also as Chief Financial Officer with Premium Transmission Private Limited. Prior to working with Premium Transmission Private Limited he worked as Chief Financial officer with Mahindra Ugine Steel Company for around seven years. During his professional tenure he also worked with other Lumax Auto companies namely Technologies Limited, Musashi Auto Parts Private Limited, Thai Summit Neel Auto Private Limited, IBM group.