Fabindia is a well-known brand and recently the company appointed its new CEO. We want to inform you that Rajeshwari Srinivasan is now the CEO of Fabindia. Here are the complete details about her career biography net worth and much more information. Fabindia decided against carrying out an initial public offering of about Rs 4,000 crore in February of this year because of the unstable market. Read More Business News on our website.
Rajeshwari Srinivasan Biography, Age
Rajeshwari Srinivasan was appointed chief executive officer of Fabindia Ltd, a lifestyle and artisan product retailer, on Monday. Srinivasan formerly worked for the Tata Group, and his arrangement will become effective this month. According to Fabindia’s statement, she will take over for Viney Singh, who will be retiring after seven years as the company’s managing director and CEO.
However, it added that Singh will continue to serve as a non-executive director on the Fabindia board.
Rajeshwari Srinivasan Career & Experience
Srinivasan has worked in FMCG, retail, luxury, and hospitality for more than 30 years. She plays chief parts at different Tata Group organizations, including Tata administrations across Rallis India, Tata Group, Indian Hotels, and all the more as of late Titan Company Ltd.
Fabindia overseeing chief William Bissell said: ” We are sure that under her direction, Fabindia’s business will continue to focus on sustainable growth and benefit shareholders and stakeholders.”
After withdrawing it’s Draft Red Herring Prospectus (DRHP) for a public listing that it had submitted to the markets regulator Sebi, Fabindia stated that it will also explore additional liquidity possibilities.
As of September 30, 2021, Fabindia, which was founded in 1960, will have a Skillet India organization of 309 stores and experience centers, 74 Natural India stores, and an organization of retail touchpoints for Natural India. The business has partnerships with close to 50,000 rural craftspeople and more than 12,000 farmers. Stay tuned to read much more business news on our website and get updates.