Ashutosh Agarwala Email & Phone Number

Mumbai, Maharashtra, India

Excedor Resolvency Private Limited is a recognized Insolvency Professional Entity (IPE) with Recognition No. IBBI/IPE/119, promoted by experienced and qualified Insolvency Professionals (IPs), and has the professional expertise and relevant experience to provide entire spectrum of support services as are envisaged under the provisions of Insolvency & Bankruptcy Code, 2016. Besides the Insolvency Resolution Process for Corporates and Individuals, Excedor has the requisite capabilities to handle Corporate Liquidation and Individual Bankruptcy Processes also. Its highly diverse team comprising of Chartered Accountants, Company Secretaries and other professionals can extend assistance in statutory compliances, claims management, transaction advisory, performance management, business restructuring, and other business services.

Mumbai Area, India

Insolvency Professional (IP) certified by Insolvency and Bankruptcy Board of India (IBBI) with Registration No. IBBI/IPA-001/IP-P01123/2018-19/11901 with authorization to undertake the functions of Resolution Professional, Liquidator and Bankruptcy Trustee under the Insolvency and Bankruptcy Code, 2016 (IBC). Handling Insolvency Proceedings in an objective and efficient manner and performing the duties as per the provisions of IBC and other applicable rules and regulations, for maximizing and preserving the value of the stressed assets for the benefit of the creditors. Currently empaneled as an Insolvency Professional with various Banks like SBI, IDBI, BOB and others, and have proven expertise of successfully managing various assignments for them.

Mumbai Area, India

Providing the services of "Board Advisor" or "Business Partner" to proactively or reactively assist in the financial and commercial evaluation of opportunities to improve business performance, or develop the business in new areas and directions. We are not limited to passive performance reporting or analyzing but actively contribute to the thought process of business and commercial design. That entails working with other areas of the business, including marketing, operations, IT, HR and most importantly with the CFO, CEO and the Board of Directors, and put together Business plans and cases, and helping translate these into strategic projects.As a Board Advisor or Business Partner, we are more like a catalyst for new ideas and change, a collaborator (in jointly solving problems or addressing opportunities) or a consultant; above all we will be the organization’s conscience, reminding the CEO/Directors not to overlook issues. Our core activities for a advising and partnering role with the business are:- ensuring transparency of financial performance across the business- working to achieve breakthroughs and continuous improvements in business performance with line managers- jointly identifying and evaluating growth opportunities, acquisitions, integration, or the turnaround of a particular business area- efficiently and effectively allocating resources, particularly in terms of investment and costs assessing and evaluating key business and financial risks, and testing risk-reward equation- focusing further on economic value added throughout the business and in all decision-making- managing the finance function on a lean basisAs a Board Advisor or Business Partner we implant myself in the client’ organizations and may be co-opted onto strategic project teams as a member or even team leader or it may involve working in parallel with a group of managers to produce a business case for investment or change, such as outsourcing or automation.

Mumbai Area, India

Retained as "Senior Advisor" by Kroll (Duff & Phelps),a diversified global financial advisory services firm with turnover of USD 1 billion, having full suite of skills to provide Financial Restructuring & Turnaround Management services across the entire business cycle. Its global team brings to engagements an array of complementary technical and industry expertise for true "added value" to its clients across broad range of industries. Has successfully handled various large mandates relating to restructuring advisory and insolvency resolution, and had been instrumental in developing the restructuring business of Kroll (Duff & Phelps) in India.

Mumbai Area, India

Oversee the management and coordination of all fiscal reporting activities including revenue/expense and balance sheet reports, reports to funding agencies and annual financial statements in accordance with IGAAP & Ind-AS standards with other required supplementary schedules and information. Ensure adequate controls are installed and that substantiating documentation is approved and available such that all purchases may pass independent and governmental audits. Assess the benefits of all prospective contracts and advise the Executive Team on programmatic design and implementation matters. Work with Business Teams to prepare the operating budget and ensure programmatic success through cost analysis support, and compliance with all contractual and statutory requirements. Participate in analyzing new business, specifically assist the CEO in identifying new funding opportunities, drafting of prospective budgets and determining cost effectiveness of proposals. Monitor banking activities and ensure adequate cash flow to meet the opex and capex needs. Oversee business insurance plans and health care coverage analysis and maintenance of the inventory of all assets.

Mumbai Area, India

Working as President Finance & CFO at Reliance Power Limited, a listed entity with asset base of more than INR 50 billion and engaged in power generation through Thermal Power Plants and Solar Power Plants with aggregate capacity of about 6 GW. The Company has recently commissioned largest integrated coal-based thermal power plant of 4000 MW power generation and 20 million tonnes coal mining capacities. Managing the preparation and finalization of financial statements based on IGAAP/Ind-AS and establish/upgrade the Internal Financial Controls (IFC) and General Information Technology Controls (GITC) for ensuring accurate and timely financial reporting. Planning and optimizing the direct and indirect taxes and filing of returns. Formulating the Risk Management Framework for assessing & mitigating the financial risks through foreign currency and interest rate hedges and also protecting the industrial assets by taking adequate insurance coverage. Arranging the working capital facilities and monitoring and controlling the cashflows of the Company including the accounts payables and receivables position. Ensuring timely payment of all debt obligations and investing surplus cash in the liquid and safe securities. Supervise the viability analysis of investment proposals and preparation of Information Memorandum/Placement Document and mobilize equity and debt funds for the capital-intensive projects though public issuance or private placement. Interact with the Analysts and Investors to update on the financial results and important events.Involved in all the general management affairs as the senior most executive of the Company and have a direct reporting to the Apex Management comprising of the Group Directors.

Mumbai Area, India

Worked as Director Finance & Chief Financial Officer at Essar Steel India Limited, the flagship company of USD 25 billion Essar Group, having capacity of ~10 million tpa of molten steel and is amongst the leaders in the flat steel products in India. Was overseeing the financial planning as well as business operation of various Divisions of Steel Business with aggregate invested capital of more than USD 5 billion and was accountable for its targeted performance.Contribute fully to the development of company strategy across all areas of the business, challenge assumptions and facilitate decision-making by the management and also provide financial analysis and guidance on all activities, plans, targets and business drivers. Manage company policies regarding capital requirements and lead the initiatives for raising short and long term financing involving inter-alia structuring of deals, negotiation of documents and disbursement of funds. Establish a high level of credibility and manage strong working relationships with external parties including bankers and advisors. Was a Director on the Board of Directors with direct reporting to the Managing Director.

New Delhi Area, India

Worked as Director - Finance & Chief Financial Officer with Naveen Jindal Group at its power business and later in its steel business. Jindal Steel and Power Ltd (JSPL), a listed company, is one of the leading producers of steel in India and has been amongst the top wealth creators with market capitalisation of more than USD 5 billion. Jindal Power Limited (JPL) is a subsidiary of JSPL engaged in generation of power having footprint across the entire spectrum of value chain from power generation to power transmission. Was entrusted with responsibility of the entire Finance & Accounts Function in this role and also participated in key decisions in Procurement & Contracting as well as Business Development matters. Was a member of the Leadership Team and contributed to all critical business initiatives with direct reporting to Managing Director & CEO.

Mumbai Area, India

Worked as Chief Financial Officer - Strategic Finance in this premier entrepreneurial organization, engaged in development and management of infrastructure, both locally and globally. GMR Infrastructure Limited is the listed flagship company of the GMR Group with market capitalisation of about US$ 5 billion from airport infrastructure, energy generation, road transportation and other core sectors. Headed the dedicated Branch Office at Mumbai for all Financial Functions & Relations of GMR Group. Had direct reporting to Corporate Chairman & Group CFO in this senior level position.

Mumbai Area, India

Identification and Evaluation of potential large scale Greenfield and acquisition opportunities; coupled with mobilization of resources and forging of alliances for their successful implementation. Leading the installation & construction of greenfield projects as also structuring & concluding of acquisition transactions. Finalizing and executing contracts with various process engineering and project management consultants, and directing market research and analysis.

Hyderabad Area, India

Analyze the business landscape for potential consolidation & diversification opportunities; Guide the preparation of written proposals in respect of grassroot projects and/or takeover targets for decision-making. Initiate & formalize strategic partnerships & collaborations and obtain statutory clearances and mobilize financial resources.

Mumbai Area, India

Supervise & Coordinate the annual Operations Planning & Budgeting exercise as per the agreed activities calendar. Participate in business strategizing, and also oversee the implementation of various critical projects & programs upto the desired standards. Mobilize requisite financial resources based on the capital expenditure requirements, and also interact with various agencies to arrange the funds. Conceptualized this agricultural portal venture Agrinet Solutions Limited and also formulated its Business Strategy and translated it into bankable Revenue Model. Managed day-to-day affairs of this profit center as COO under theoverall control of the Board of Directors

Mumbai Area, India

• Assisted Companies in raising Structured Finance through equity, debt and other hybrid instruments while minimizing financing risks and costs; and also prepared Techno-Economic Feasibility Reports for this purpose.• Raised Start-up & Scale-up Venture Capital for innovative businesses with good prospects by supporting formulation of bankable strategy blueprint, and identifying initiatives required to achieve targeted growth. • Handled Turnkey Project Consultancy mandate for Bulk Drugs Plant involving capital outlay of about Rs. 10 crores including concept development, funds mobilization, team recruitment and project execution as per defined criteria.• Prescribed Custom Solutions for Business Problems having significant impact on bottomline performance besides rendering day-to-day managerial assistance till the assured outcomes are accomplished.

Mumbai Area, India

• Assessed economic viability of project proposals of various reputed companies like Reliance, Cipla, Arvind and others with large capital outlays, taking into account marketing, technical, commercial, financial and other factors.• Designed the optimal business financing structure using suitable financial instruments for capitalization of various concerns besides undertaking impact analysis of relevant internal & external business risks. • Negotiated and Executed various legal contracts for financial assistance and ensured compliance with them, and also reviewed operational & financial performance of assisted companies periodically to preserve the moneys.

New Delhi Area, India

Received on-the-job training in all functions including chemical plant operations and independently handled the chemical plant running and maintenence.

Pgdbm, Strategy & Finance

B.Tech, Chemical Engineering