TKIL Industries Appoints Gaurav Srivastava as CFO

03 Jun 2026 CW Team

Announcing the appointment, Vivek Bhatia, Managing Director & CEO, TKIL Industries, thanked Pendse for his long-standing contribution to the organisation and wished him success in his future endeavours.

Bhatia said, “Gaurav’s appointment reflects our continued focus on strengthening internal leadership and building a future-ready organisation. His extensive experience across finance, transformation, controllership, compliance, ERP implementation, and strategic business partnering will further strengthen our financial and operational capabilities. Gaurav is a highly experienced and accomplished leader and more importantly, a wonderful person and colleague to work with.”

A Chartered Accountant, Srivastava brings over 20 years of experience spanning finance, taxation, treasury, controllership, audits, compliance and ERP implementation. He has led several initiatives in finance transformation, process automation, mergers and acquisitions integration, commercial finance and operational governance.

Before joining TKIL Industries, he held finance leadership roles at GE, Andritz Hydro and Radiance Renewables, overseeing key finance and commercial functions across industrial and renewable energy businesses.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

TKIL Industries has appointed Gaurav Kumar Srivastava as Chief Financial Officer (CFO), effective 1 June 2026. He succeeds Ketan Pendse, Chief Financial Officer and Whole-time Director, who is stepping down after more than two decades with the company. Srivastava previously served as Executive Vice President, Finance & Taxation.Announcing the appointment, Vivek Bhatia, Managing Director & CEO, TKIL Industries, thanked Pendse for his long-standing contribution to the organisation and wished him success in his future endeavours.Bhatia said, “Gaurav’s appointment reflects our continued focus on strengthening internal leadership and building a future-ready organisation. His extensive experience across finance, transformation, controllership, compliance, ERP implementation, and strategic business partnering will further strengthen our financial and operational capabilities. Gaurav is a highly experienced and accomplished leader and more importantly, a wonderful person and colleague to work with.”A Chartered Accountant, Srivastava brings over 20 years of experience spanning finance, taxation, treasury, controllership, audits, compliance and ERP implementation. He has led several initiatives in finance transformation, process automation, mergers and acquisitions integration, commercial finance and operational governance.Before joining TKIL Industries, he held finance leadership roles at GE, Andritz Hydro and Radiance Renewables, overseeing key finance and commercial functions across industrial and renewable energy businesses.

Infrastructure Urban

23 Jun 2026

Meghalaya Opens North East’s Largest Spice Plant

Union Finance Minister Nirmala Sitharaman recently inaugurated the Organic Spice Industrial Unit, PRIME-HUB, at Bhoirymbong in Meghalaya. The facility is being positioned as the North East’s largest organic spice processing plant and is expected to strengthen Meghalaya’s agro-industrial and organic farming ecosystem.The project was developed with an investment of Rs 300 million (mn) and is designed to process over 10,000 metric tonnes of organic spices annually. It will directly benefit 5,500 farmers across 112 villages, supporting improved livelihoods, value addition and market access for..

Infrastructure Urban

23 Jun 2026

Recykal Raises USD 23 Mn Bridge Round

Recykal, a Hyderabad-based technology platform for waste management and the circular economy, recently raised USD 23 million in a bridge round through a mix of primary and secondary capital. The round saw participation from existing investors and select new family offices.The fresh capital will be used to strengthen Recykal’s technology platform, accelerate its Deposit Return System (DRS) deployments, expand behavioural change solutions in waste management, and support international growth. In FY26, the company reported gross revenue of Rs 14.98 billion, up 53.2 per cent from Rs 9.78 billion..

Products

22 Jun 2026

Samsung Unveils AI-Enabled Climate Solutions for Premium Homes

Samsung has announced the deployment of its next-generation residential climate solutions, combining WindFree cooling, PM1.0 air purification, SmartThings connectivity and AI-enabled Variable Refrigerant Flow (VRF) technology to address the evolving requirements of premium residential developments in India.The integrated ecosystem has been designed to address key urban challenges such as rising temperatures, deteriorating indoor air quality, connected living requirements and energy efficiency. According to Samsung, the solutions have been specifically optimised for Indian conditions and are ai..