News

Jun 17, 2023

NRB Bearings Limited Announces Executive Changes

NRB Bearings Limited announced that at its board meeting held on February 11, 2023, approved the Resignation of Mr. Ravi Teltia as the Chief Financial Officer and Key Managerial Personnel of the

NRB Bearings Limited announced that at its board meeting held on February 11, 2023, approved the Resignation of Mr. Ravi Teltia as the Chief Financial Officer and Key Managerial Personnel of the Company who shall separate from the Company with effect from February 18, 2023. In the interim, Mr. Satish Rangani, Executive Director shall discharge the finance function of the Company. The company also approved the appointment of Mr. Pankaj Khemka, as a Chief Financial Officer and Key Managerial Personnel of the Company with effect from April 7, 2023.

Date of appointment & term of appointment: Upon separation or on attaining the Age of 60 years whichever. Mr. Pankaj Khemka is a Chartered Accountant and has a Master in Business Administration from Welingkar Institute of Management, Mumbai. Pankaj has an extensive experience of more than 18 years as in various aspects of Plant & Corporate Finance, Business finance, Commercial Controller, Budgeting, Credit Management, Cost Analysis & Control, Treasury Management, Audits, Inventory Controls, Statutory Compliances & Taxation fields.

He has, in the past, worked with organizations like Integrated Food Park Limited, Cipla Limited, Terai Group of Companies. Currently, he is working as the CFO at VST Tillers Tractors Limited for the last 2.4 years. He specialises in Finance, Taxation, Audit & Treasury Management.