JSW Energy CFO Jyoti Kumar Agarwal resigns

Image
Capital Market
Last Updated : Aug 25 2020 | 2:16 PM IST

JSW Energy on Monday said its Director (Finance) Jyoti Kumar Aggarwal has resigned to pursue career opportunities outside the company.

Aggarwal will step down from the Directorship (Director - Finance) and as Key Managerial Personnel (Chief Financial Officer) of the company with effect from the close of business hours on 15 September 2020, the company added.

JSW Energy will announce the appointment of his successor in due course.

JSW Energy's consolidated net profit fell 7.5% to Rs 219.56 crore on a 25.2% decline in net sales to Rs 1,805.15 crore in Q1 June 2020 over Q1 June 2019.

Shares of JSW Energy rose 0.79% to Rs 57.30 on BSE. JSW Energy is an integrated power company primarily engaged in generation and sale of power. Its business segments include power generation, power transmission, mining, power trading and equipment manufacturing.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 25 2020 | 1:07 PM IST

Next Story