Agarwal talks about new CFO’s role in capital structuring, M&A for growth ambitions
There is a strong global momentum around building digital infrastructure, especially 5G and Fibre to the Home networks, according to Tushar Shroff, the newly appointed Group Chief Financial Officer at STL [NSE: STLTECH], one of the industry’s leading integrators of digital networks.
“STL has been taking great strides to design and develop innovative optical solutions for global network creators,” said Shroff who joins STL’s global leadership team.
Noting STL’s growth path and its purpose of Transforming billions of lives by connecting the world, he said “I look forward to bolstering STL’s strategy to deliver profitable growth and cement its position in the global market.”
“I believe that his rich experience and expertise in capital structuring, treasury management, M&A, strategy and investor relations will enable our growth ambitions and deliver enhanced value for our customers and shareholders,” said Ankit Agarwal, Managing Director, STL.
“I warmly welcome Tushar to the STL family,” he added in a release on 6 Dec 2022, announcing Shroff as the new CFO.
“STL is progressing towards its ambition of becoming one of the top three global players in the optical connectivity domain. Tushar’s experience and expertise will greatly contribute to STL’s growth trajectory,” he added.
Prior to joining STL, Shroff has worked for global and Indian multinational organisations like ABB, ELSTER Metering, Piramal Healthcare, SCHOTT Glass, Zydus Cadila, and Intas Pharmaceuticals.
Shroff is a qualified Chartered Accountant and Cost Accountant with an experience of more than 28 years in the field of fundraising, capital structuring, mergers & acquisitions, treasury management, taxation, financial accounting and planning, investor relations and business partnering.
STL is one of the industry’s leading integrators of digital networks that helps telecom operators, cloud companies, citizen networks and large enterprises deliver enhanced experiences to their customers. fiinews.com
