Sanghvi Forging & Engineering Limited announced that in accordance with the NCLT Order and in terms of the approved Resolution Plan, the Monitoring Committee at its meeting held on May 6, 2021 has appointed Mr. Shivang Dave as Chief Financial Officer. Mr. Shivang Kaushik Kumar Dave, is a Member of Institute of Chartered Accountants of India and holds a graduate degree in Commerce with 9 years' experience in the field of Accounts, Finance, Taxation, Costing and as well as IT. His core areas of practice include Accounts, Finance & Taxation which includes Financial Planning and control, Budgeting, Accounts, Taxation, Auditing, Treasury Management and MIS Reporting, Commercial Operations, Start- up Operations and Accounting, Internal Control, Compliance, Costing, Secretarial work, Due Diligence and ERP Implementation across the manufacturing industries. Further, he possesses good communication, administrative and analytical skills with demonstrated abilities in process of efficiency, streamlining and operation. As per the NCLT Order approving the Resolution Plan, replacement by the Monitoring Committee by its resolution dated May 6, 2021 pursuant to exercise of its powers under the approved Resolution Plan. Date of cessation is May 6, 2021.