V.I.P. Industries Limited at its meeting held on 14 February, 2024 has appointed Mr. Manish Desai as Chief Financial Officer with effect from 14 February, 2024. Ms. Neetu Kashiramka, Managing Director & CFO shall be re-designated as Managing Director of the Company with effect from 14th February 2024. Mr. Manish Desai has an experience of over 25 years covering various subfunctions of Business & Finance like Project Finance, Revenue /Financial Accounting including Consolidation, MIS, Treasury, Statutory /Internal Audit, Direct & Indirect Tax, USGAAP financials including participation in Management review and Board meetings.

In his last assignment Mr. Manish was with Voltas Ltd., as Head of Corporate Finance, wherein his roles involve strengthening control across all divisions, risk management, partnering in various strategic initiatives including capital allocation, driving annual budget performance, Treasury operations involving Borrowing, Currency hedging and Insurance, Property Cell, shared service function, Indirect Tax, Investor relationship, accounts consolidation and working closely with Statutory & Internal Auditors on critical matters and actively participating in the Audit Committee and Board meeting along with Chief Financial Officer. Before joining Voltas Ltd, Mr. Manish has worked with MIRC Electronics td., BPL Mobile Communications Ltd. Mr. Manish holds a Chartered Accountancy qualification from the Institute of Chartered Accountants of India, New Delhi. Ms. Neetu Kashiramka has joined the Company on 7 April, 2020 as Chief Financial Officer of the Company.

Ms. Neetu has been appointed as Executive Director and Chief Financial Officer of the Company with effect from 8 May, 2023 and Managing Director & Chief Financial Officer with effect from 14 November, 2023. Ms. Neetu Kashiramka is a qualified Chartered Accountant having over 26 years of postqualification experience. She brings in more than two decades of experience in the Corporate Finance function across several organizations.

Before joining the Company, she was working as CFO with Greaves Cotton Limited, a listed Company in the Engineering sector. Ms. Neetu started her career with Kewal Kiran & Company and thereafter moved to Jyothy Laboratories Limited. She had a long stint spanning over 17 years with Jyothy where she played a pivotal role and saw the Company growing from INR 20 Crores to INR 1,800 Crores.

During her career, she has handled ERP implementation, Private Equity, IPO, QIP, Fund raising through multiple instruments, Merger & Acquisition along with core of financial control, budgeting and business partnering. She has also handled Investors relations for last 16 years. Ms. Neetu was awarded CA Young Corporate Leader Award in 2008 by Institute of Chartered Accountants of India for her leadership to spearhead IPO at the age of 32.

She is also guest speaker/panelist in some of the professional forums to talk about new age finance function, role of a CFO in current environment, Women empowerment and so on.