Adani Energy Solutions Ltd announced the appointment of Kunjal Mehta as its Chief Financial Officer with effect from April 1, 2024. The development follows the resignation of incumbent Chief Financial Officer (CFO) Rohit Soni on Monday, Adani Energy Solutions Ltd (AESL) said in an exchange filing.
“Kunjal Mehta, presently serving as CFO within Adani Portfolio of Companies, will assume the role of Chief Financial Officer of the company (a key managerial personnel, categorised as senior management personnel), commencing from April 1, 2024,” the company said. Mehta presently serves as CFO of Adani Electricity Mumbai Ltd., the distribution arm of Adani Energy Solutions.
Soni will relinquish his position as CFO of the company from the business hours on March 31, 2024, and will assume the new role of CFO at Adani New Industries Ltd (ANIL), the green hydrogen arm of Adani Enterprises, the filing said.
“This transition is part of a leadership capability development initiative being undertaken across the Adani portfolio companies in furtherance of a long-term vision to enhance employee engagement build people capabilities, and create a pool of proficient and committed leaders in a diverse, fair, and respectful workplace,” AESL said.