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Anirban Sanyal To Step Down As Usha Martin CFO

Usha Martin’s stock price increased by 1.44 per cent to Rs 316.50 after Abhijit Paul appointment as Chief Financial Officer (CFO) succeeding Anirban Sanyal

Usha Martin’s stock price increased by 1.44 per cent to Rs 316.50 after the company announced Abhijit Paul as their CFO. Paul takes over from Anirban Sanyal, who is stepping down on April 30 2024 to pursue other opportunities.

The board of directors at Usha Martin announced the appointment of Abhijit Paul as the company’s new CFO, effective May 1, 2024. This decision comes after recommendations from both the nomination and remuneration committee and the audit committee. A commerce graduate and chartered accountant, Paul brings over 18 years of experience in finance, accounts, and taxation to this role. He has been working with Usha Martin since 2021, serving most recently as the company’s finance controller.