Anil Somani to Step Down as CFO of Bata India Limited

Anil Ramesh Somani, Director of Finance and CFO, has decided to pursue new opportunities and will step down from his roles at the company, effective September 5, 2024 (with his last working day being September 4, 2024). The company will begin the process of finding a replacement and will notify the stock exchanges, according to a filing.

Anil Somani is a Chartered Accountant with over 25 years of experience in finance, strategy, compliance, information management, and business development. He has held key positions, including CFO and Head of Finance, at esteemed organisations such as Croma, Walmart, and Metro Cash & Carry. Anil joined Bata India Limited in April 2023 from Reliance Retail, where he served as Executive Vice President and CFO for the Digital Business. He brings extensive experience in the retail sector, spanning both large Indian and multinational organisations