Astral elevates CFO Savlani and Kairav Engineer to the Board

Hiranand Savlani has been appointed as an Additional Director in the executive category with the designation of Whole Time Director of Astral Ltd. Savlani will continue to serve as the Chief Financial Officer- Whole Time Key Managerial Personnel. The changes will come into effect from July 15, 2023. He has over 26 years of finance expertise and is a Chartered Accountant, Cost and Works Accountant, and Company Secretary. Astral’s revenue increased from Rs.15 crores to over Rs.5000 crores during his tenure, and the company diversified from core pipework to multiple product areas through strategic acquisitions and mergers, de-risking the business in the process.

The company has also announced the appointment of Kairav Engineer as an Additional Director under the executive category, with the designation of Whole Time Director- Whole Time Key Managerial Personnel of Astral Limited from July 15, 2023. Kairav has been with Astral since August 2011, holding various positions, including business development, brand management, product development, and project management. Currently, he is also managing Sales and marketing of the piping business.

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