Dollar Industries Limited, a leading brand in the Indian hosiery and knitwear sector announced the appointment of Mr. Ajay Kumar Patodia as Chief Financial Officer (CFO). With a broad experience of over 24 years, Mr. Patodia will lead the company’s finance and accounting division.
Mr. Patodia, will oversee the company’s financial and operational activities as well as contribute to the company’s growth plan and assist all strategic and operational efforts across the country. With a track record of delivering positive results and utilizing key operational factors to meet budgetary objectives, he holds expertise in strategic financial planning, business development, M&A, and treasury.
Prior to joining Dollar Industries Limited, he was professionally associated with the Lux Industries Ltd as CFO for the past 18 years. Having extensive knowledge and experience in corporate financing, accounting, investor relations, financial planning, taxation and risk management, Mr Patodia is a qualified Chartered Accountant, Cost & Management Accountant and a certified FI Consultant of SAP ERP. In his early career, he was associated with MV Cotspin Ltd., a 100% EOU yarn manufacturing company.
“Ajay Kumar Patodia offers a wealth of strategic expertise to our company, which is particularly important today and in the future. As we continue to develop Dollar Industries Limited into an aspirational brand, we need to meet the tremendous market potential ahead of us and he brings a unique perspective to our leadership team.”, said Mr Vinod Kumar Gupta, Managing Director, Dollar Industries Limited.
“Joining Dollar Industries has given me an exciting new opportunity to work synergistically with a highly committed and professional executive team to chart out an exponential growth path for the company. I am fascinated by the prospect of accelerating growth and adding value. Given the strength of its quality, ethos, and global reach, I believe Dollar has enormous potential. As CFO, my primary goal will be to create strong commercial ties and cross-enterprise alliances in order to expand the firm and safeguard revenue streams. I’m excited to be a part of the growth of such a pioneering company.” said Mr. Ajay Kumar Patodia, Chief Financial Officer, Dollar Industries Limited.