SR Industries Rises Post-CIRP with Strategic Leadership Overhaul

07 May 2025 CW Team

SR Industries Ltd, a legacy name synonymous with quality and reliability in India’s footwear manufacturing landscape, has announced a strategic transformation in its leadership structure—signalling a new chapter of growth, accountability, and forward-focused governance.

Having successfully emerged from the Corporate Insolvency Resolution Process (CIRP), the company is now poised to strengthen its business fundamentals and pursue long-term value creation under a refreshed and professionally driven leadership team.

The new management team combines seasoned and emerging professionals with expertise across manufacturing, design, marketing, and strategy—reinforcing SR Industries’ commitment to excellence, governance, and transparency.

“Our focus now is on building a resilient, future-ready organisation driven by performance, governance, and agility. We are aligning our systems, talent, and strategy to ensure SR is positioned not only to compete—but to lead—in an ever evolving global environment” said, Pankaj Dawar, Managing Director, SR Industries.

Building on its legacy of reliability and manufacturing excellence, SR Industries is modernising its internal systems and streamlining operations. The new leadership team has outlined a clear roadmap focused on investments in technology, product development, and sustainability—ensuring alignment with both global and domestic market demands.

(BSE)

Infrastructure Transport

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..