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GMM Pfaudler on the lookout for acquisitions after buying the parent company gives it access to new tech, markets
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GMM Pfaudler on the lookout for acquisitions after buying the parent company gives it access to new tech, marketsBy
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“We want to not only be a player in the glass-lined or the anti-corrosion (equipment) space but also in the chemical processing and pharma processing space. So, acquisitions are definitely an important part of our strategy,” Tarak Patel, managing director of GMM Pfaudler, told ET.
Mumbai: Process equipment maker GMM
Pfaudler is weighing more acquisition and expansion opportunities even as it completes the purchase of its overseas parent, the Pfaudler Group.
GMM Pfaudler CFO Jugal Sahu quits
January 20, 2021
Company’s third-quarter standalone net rises 16% to ₹22 crore Process equipment and solutions provider GMM Pfaudler Limited on Wednesday informed about the resignation of its Chief Financial Officer (CFO) on personal grounds.
In a statement, the company informed that Jugal Sahu has resigned as CFO of the company with effect from January 20 due to personal reasons. Sahu will be relieved with effect from March 31, 2021, it added.
Following Sahu s resignation, the company appointed and re-designated Manish Poddar as CFO and Key Managerial Personnel with effect from Wednesday. Prior to his new designation, Poddar was appointed as a Chief Integration Officer (CIO).
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