CA JITENDRA SHARMA

Ex- CFO- IRB INFRA II TATA HSG II CEAT TYRE II CLARIANT

Mr. Sharma, a Chartered Accountant by qualification with Master Degree in Commerce, has over 25 years of expertise in the areas of Corporate Finance and Accounts, Treasury and Banking, Project Loans, NCDs, Commercial Paper, Working Capital Finance, Banking Relations, Cash flow and fund flow management, Finalization of accounts, Audit and Taxation, Forex.

He has noteworthy experience in dealing with Nationalized, Private and Foreign Banks. He has borrowed short term loan from NBFCs to match gap in cash flow. Prior to joining the SuperMax Personal Care he has worked with Tata Housing, VVF India, Clariant Chemicals, CEAT and IRB Group.

While his tenor in Tata Housing he has set up new working capital facilities for residential projects with flexible drawdown as against traditional term loan from the Bank and FIs. Mr. Sharma has issued Long Term Bonds of 3-5 years at very competitive rates which are equivalent to Financial Institutions for purchase of Land. Under his leadership the Company has successfully launched Commercial Paper. With better negotiation and reach to FIs and Mutual Fund Company could get Interest rate equal to Financial Institutions and Govt. Undertaking.

Mr. Sharma had created pool of Short Term Loan with NBFCs such as Aditya Birla, Religare Financials, Capital First and Indo Star which has helped Company to reduce interest cost and improved liquidity

Mr. Sharma has notable experience in handling large Consortium Bank size of 20 banks consist of Nationalized/Private and Foreign Banks in his tenor in CEAT and VVF.

He has significantly contributed to implementation of SAP Financial Module-Treasury SAP with in prescribed time line and successfully launch.

Mr. Sharma has implemented Strategy and Policy on Forex Hedging with detailed working and methodology to cover different foreign currencies to minimize exchange fluctuation. He has implemented the process of taking Forward Contract, Option and reducing the exposer by following natural hedge.