The board of the company, in its meeting held today, approved "appointment of Ram Kumar Gupta as the Director - Finance and Chief Financial Officer of the company with effect from August 19, 2015, for a period of five years," Bata said in a BSE filing.
Gupta's appointment comes after Ranjit Mathur resigned from the post of CFO and Director - Finance of the company.
He was on board of Bata Properties Ltd and Coastal Commercial & Exim Ltd, wholly-owned subsidiaries of Bata India.
Gupta had joined Bata in 1986 and has worked in different positions.
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