Dhruv Consultancy Services Limited has made a significant leadership change, as announced on December 19, 2024. The company confirmed the resignation of Mr. Snehal Patil from the position of Chief Financial Officer (CFO) due to health-related issues, with effect from the close of business hours on the same day. His departure marks the end of his tenure, and the company expressed appreciation for his contributions.

Appointment of New CFO

In accordance with the company's Corporate Governance practices and SEBI Listing Regulations, Mr. Akhilesh Dandawate has been appointed as the new Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective December 19, 2024. This decision was made following the recommendation of the Nomination and Remuneration Committee and subsequent approval from the Audit Committee.

About Mr. Akhilesh Dandawate

Mr. Akhilesh Dandawate comes with over two decades of professional experience. He is an Engineering graduate (BE Civil) from Walchand College of Engineering, Sangli, with a strong background in the infrastructure sector, specifically in Roads, Highways, and Bridges. Prior to his appointment at Dhruv Consultancy, Mr. Dandawate held key roles at companies such as Jai Hind Road Builders, MEP Infrastructure, and Gammon India Ltd.. His expertise spans across project execution, tendering, estimation, and strategic financial management. His experience makes him well-equipped to drive the company’s financial and strategic operations forward.

Leadership Change and Its Impact

The company is confident that Mr. Dandawate's appointment will further strengthen its leadership team and help streamline financial operations, optimize business processes, and enhance organizational effectiveness. His experience in managing large-scale infrastructure projects will add significant value to the company, especially in terms of financial strategy and resource management.

Key Details of the Appointment

• Resignation of Mr. Snehal Patil due to health-related issues, effective from December 19, 2024.
• Mr. Akhilesh Dandawate's appointment as CFO and KMP starting December 19, 2024, continuing until his resignation or retirement.
• Mr. Dandawate brings a wealth of experience in financial leadership, with a proven track record in the infrastructure and engineering sectors.

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