Adani Ports and SEZ Ports appointed D Muthukumaran as CFO | Whuff News


The company’s board of directors on Thursday (7 July 2022) approved the appointment of D Muthukumaran as the company’s chief financial officer and key management personnel with effect from 25 July 2022.

D Muthukumaran is a Chartered Accountant and Cost Accountant batch 1995. He has over 25 years of relevant experience in various finance and accounts disciplines. He has extensive experience in driving different businesses, M&A deals, raising funds in debt and equity.
Muthukumaran specializes in structured finance, leveraged buyouts and regulatory & tax structuring.

Earlier, he has worked with Deloitte, Lazard India, Aditya Birla Group and Renew Power. In his previous duties, he has played an important role in raising funds through Private Equity, Public Listing in international markets and debt issuance in domestic & international markets.

Adani Ports & Special Economic Zones (APSEZ) conducts the business of development, operation and maintenance of port infrastructure (port services and related infrastructure development) and has connected various Special Economic Zone (SEZ) products and related infrastructure adjacent to the port in Mundra.

APSEZ reported a 21.8% fall in consolidated net profit to Rs 1033.02 crore in Q4 FY22 from Rs 1320.69 crore posted in Q4 FY21. Net sales rose 6.6% YoY to Rs 3,845.03 crore for the quarter ended March 31, 2022.
Source: Business Standard



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