Adani Energy Solutions Ltd has announced the appointment of Kunjal Mehta as its Chief Financial Officer, effective April 1, 2024. This strategic decision follows the resignation of the incumbent CFO, Rohit Soni, as outlined in an official exchange filing. Kunjal Mehta, who currently serves as CFO within the Adani Portfolio of Companies, will assume the critical role of Chief Financial Officer for Adani Energy Solutions Ltd starting April 1, 2024. Rohit Soni is set to relinquish his position on March 31, 2024, and will be transitioning to CFO at Adani New Industries Ltd (ANIL), the green hydrogen arm of Adani Enterprises.
The company’s board has formally approved the appointment of Kunjal Mehta as the new CFO-designate, signalling a seamless transition in financial leadership. Notably, Kunjal Mehta presently holds the position of CFO at Adani Electricity Mumbai Ltd., the distribution arm of Adani Energy Solutions. This strategic move aligns with a broader leadership capability development initiative across the Adani portfolio companies. The initiative aims to enhance employee engagement, cultivate essential capabilities, and foster a pool of proficient and committed leaders, contributing to a diverse, fair, and respectful workplace environment.
Adani Energy Solutions Ltd, formerly known as Adani Transmission, is significant in various segments of the energy domain, encompassing power transmission, distribution, smart metering, and cooling solutions. It is the country’s largest private transmission company, operating across 17 states with a cumulative transmission network spanning 20,422 circuit km and a transformation capacity of 54,661 MVA. The appointment of Kunjal Mehta as CFO reinforces the company’s commitment to maintaining robust financial leadership and strategic foresight as it plays a pivotal role in India’s energy landscape. For more information, stay tuned to the IncBasil Website.
