AHMEDABAD, India, June 19, 2018 /PRNewswire/ --
GTPL Hathway Limited (GTPL), India's leading Digital Cable TV and Broadband Service provider, today announced appointment of Mr. Viren Thakkar as the new Chief Financial Officer (CFO) effective from Monday, July 2, 2018. He has replaced Jayanta Kumar Pani, who is leaving GTPL at the end of this month to explore other career opportunities.
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Viren has 27 years of experience in corporate finance, cost control, budgeting, internal control & audit and corporate planning. Previously, Viren was the Chief Financial Officer for India, Middle East and Africa Region at Roquette Riddhi Siddhi Private Limited; a part of Roquette Freres Group of France, having operation in 42 countries with an annual turnover of 3.20 Billion Euro. Prior to that, between 2007 and 2012, Viren was General Manager - Finance at Torrent Power Limited, a part of Ahmedabad-based Torrent Group. Viren is a chartered accountant and a cost accountant.
Commenting on the appointment, Anirudhasinhji Jadeja, Managing Director, GTPL Hathway, said, "I warmly welcome Viren to GTPL family. Viren brings wealth of experience in managing finance & accounts function at reputed companies. As GTPL continues to increase market share in digital cable TV and invest in technologically superior high-speed, low cost broadband services, the company will benefit immensely from Viren's deep knowledge and global experience across finance & accounts domain." Mr. Jadeja added, "On behalf of GTPL board, I would like to thank Jayanta for his substantial contribution to GTPL. In past one decade, Jayanta has built a solid foundation for GTPL and played a key role in taking the company public. I wish him great success in his future endeavours."
Commenting on the new role, Viren Thakkar, said, "I am excited to join GTPL Hathway, one of the few profitable companies in digital cable and broadband space. I look forward to focus on future investment in technology, prudent capital allocation, margin expansion and value creation for all the stakeholders."
About GTPL Hathway Limited
GTPL Hathway Limited is one of India's leading Digital Cable TV and Broadband service providers. We are the number 1. Cable TV Provider in Gujarat with 67% market share. Our digital cable television services reached 500 plus towns across India, including towns in Gujarat, West Bengal, Maharashtra, Bihar, Assam, Jharkhand, Madhya Pradesh, Telangana, Rajasthan and Andhra Pradesh. As on March 31, 2018, we have seeded approximately 8.7 million STBs and had approximately 7.4 million active digital cable subscribers and 0.28 million Broadband Subscribers with a home pass of about 1.3 million.
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