Chief Financial Officer
CurrentFoods & Inns is a 50+ year old company listed on the Stock Exchanges and is one of the largest Mango pulpers in India serving Fortune 500 Beverage manufacturers of the world like Pepsi, Coke, Unilever etc. It is also one of the largest Fruits & Vegetables processor in India having 6 owned factories across 3 states exporting processed fruit pulps, purees & vegetables. It is expanding its presence in the Branded Spices & Frozen Food segment.*Achievements*:Helped the company secure incentives of around Rs.148 crores under the PLI scheme (Production led Incentives) by liaising with the Govt authorities which is expected to be a game changer to the fortunes of the company.Helped the company raise Rs.210 crores (~USD 25 Million) of Equity through preferential allotment to marquee investors Instrumental in changing focus of the company from a pure B2B player to a B2C player by helping it acquire and build brands.Helped the company raise Innovative Off Balance Sheet finance. Worked with food technologists to help convert the waste generated by the company into wealth by manufacturing Pectin.Initiated the digital transformation strategy for the companyOne point contact for Investment Bankers & Legal advisors for fundraise through QIP/Private PlacementDelivered a New Age Annual Report with content for MD&A, Storyboard, Investor Notes & Notes to accounts.Helped the company absorb its Non Peak season Fixed Overheads by introducing newer products for processing with the little modification to the existing machinery.*Primary responsibilities handled*:- Raising Working Capital finance- Accounting Control & Optimization- Business Strategy - Treasury & Business Intelligence- Corporate Finance - Investor Relations & Annual Report Content- New Business Initiatives- Digital Transformation- Stakeholder Value Creation & Relationship Management