Finolex Cables Limited Announces Appointment of Board of Directors
October 01, 2020 at 04:21 am
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Finolex Cables Limited at its board meeting held on September 26, 2020, approved appointment of Mr. Sunil Upmanyu, Mr. Prasad Deshpande, Mr. P R Barpande, Mr. Avinash S Khare and Mrs. Firoza Kapadia as Non-Executive Independent Directors effective from September 30, 2020. Mr. Sunil Upmanyu is presently serving as the President of the Fibre Optics Business. He is a Nominee Director of company on the Board of Corning Finolex Optical Fibre Private Limited. Mr. Prasad Deshpande was working with the company from October 1994 to May 2020 and was designated as Sr. Vice President (Works) at the time of his retiring from the company. Mr. P R Barpande was an audit partner with Deloitte Haskins & Sells, Chartered Accountants, Mumbai and retired after practicing for more than 30 years. He is presently a Director in some reputed public /private companies. He is also serving on the Boards of listed companies namely Privi Speciality Chemicals Limited and Westlife Development Limited. Mr. Avinash S Khare is a Chief Financial Officer of Kalyani Forge Limited. He has extensive expertise in Accounting, management accounting, Costing Projects, Banking Taxation Customs and Exports. Mrs. Firoza Kapadia has worked with J Sagar Associates.
Finolex Cables Limited is an India-based total cable solutions provider. The Company is principally engaged in the manufacturing of electricals cables, communication cables and other electrical appliances. Its segments include Electrical cables, Communication cables, Copper rods and Others. The Others segment is engaged in the trading of electrical and other goods. Its product range includes PVC insulated industrial cables , FR-LSH PVC insulated industrial cables, PVC insulated single core and multicore flexible industrial cables, rodent repellent multicore flexible industrial cables, PVC insulated winding wires and 3 core flat cables, XLPE 3 core flat cables, power and control cables, high voltage power cables (Up to 33 kV), polyethylene insulated jelly filled telephone cables, co-axial and CATV cables, LAN cables, switchboard cables, fiber optic cables and solar cables. The Company also manufactures lighting products, electrical accessories, switchgear, fans and water heaters.