VIP Industries elevates CFO Neetu Kashiramka as Managing Director Designate

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Mumbai,17th August 2023 VIP Industries Limited, Asia’s largest and the world’s second-largest luggage maker elevates its Chief Financial Officer, Neetu Kashiramka as the Managing Director Designate, effective August 15, 2023.

While Ms. Neetu will continue to perform the role of CFO with the company, she will additionally take the responsibility of a Managing Director Designate till 13th November 2023. Further, Ms. Neetu shall take over as the Managing Director and Chief Financial Officer of the Company with effect from 14th November 2023, subject to Shareholder’s approval.

Ms. Neetu Kashiramka joined VIP Industries on 7th April 2020 as Chief Financial Officer of the Company and has been appointed as Executive Director and Chief Financial Officer of the Company w.e.f 8th May, 2023. Ms. Neetu Kashiramka is a qualified Chartered Accountant having over 26 years of post-qualification experience. She brings more than two decades of experience in the Corporate Finance function across several organizations. Before joining the Company, she was working as CFO with Greaves Cotton Limited, a listed Company in the Engineering sector.

Ms. Neetu started her career with Kewal Kiran & Company and thereafter moved to Jyothy Laboratories Limited. She had a long stint spanning over 17 years with Jyothy where she played a pivotal role and saw the Company grow from Rs. 20 Crores to Rs. 1,800 Crores. During her career, she has handled ERP implementation, Private Equity, IPO, QIP, and Fundraising through multiple instruments, Mergers & Acquisitions along with core financial control, budgeting, and business partnering. She has also handled Investor relations for the last 16 years. Ms. Neetu was awarded CA Young Corporate Leader Award in 2008 by the Institute of Chartered Accountants of India for her leadership to spearhead IPO at the age of 32. She is also a guest speaker/panelist in some of the professional forums to talk about new age finance function, the role of a CFO in the current environment, Women empowerment, and so on.

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