Wahi, who was previously the chief information officer at Sterlite Power, comes with 22 years of executive-level experience in the BFSI and energy sectors with a proven record of driving digital transformation across business processes with agile, scalable technology solutions, the exchange filing said.
"The Board of Directors of the Company through resolution passed by circulation on December 01, 2023, based on recommendation of the HR, Nomination and RemunerationCommittee, has approved appointment of Ms. Neeti Wahi as the Chief Digital and InformationTechnology Officer of the Company with effect from December 06, 2023," the company announced in the exchange filing.
Sterlite Power wins 8 GW green energy transmission project in Rajasthan thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Jamshedpur: Following the death of two elephants in past two weeks, Jharkhand Bijli Vitran Nigam Ltd (JBVNL) has taken initiative to identify sites in.
India Business News: Sterlite Power Transmission (SPTL) is demerging its transmission infrastructure business with a view to unlocking value by creating distinct verticals
Sterlite Power: As a result of this move, SPTL will continue to retain its Global Products & Specialized EPC Services business, as well as the Convergence – Fiberco business.
Pratik Agrawal, Managing Director, SPTL, said in the statement, "The demerger will enable both entities to create independent capital structures, unlock value and attract investors suitable for the distinct growth profiles for each entity. We are confident that this will bring substantial value for our shareholders and help us in creating two world class business entities."
India Business News: Sterlite Power Transmission Ltd (SPTL) is demerging its transmission infrastructure business to create distinct verticals based on consumer base, inve
At present, SPTL is demerging its operations into two businesses. One part will house the infrastructure division that develops and operates power transmission assets on a build-operate-transfer (BOT) basis.