Hot Pursuit     07-Dec-23
Sharda Cropchem appoints Shailesh Mehendale as CFO
Sharda Cropchem on Wednesday announced that its board has approved the appointment of Shailesh Anant Mehendale as chief financial officer (CFO) of the company, effective from 6 December 2023.

Mehendale is a qualified Chartered Accountant & fellow member of Institute of Chartered Accountants (ICAI). He has over 25 years of experience. He has worked in different functions like accounts, finance, taxation, audit and related areas.

Sharda Cropchem is a global agrochemicals company with leadership position in the generic crop protection chemicals industry.

The company reported consolidated net loss of Rs 27.58 crore in Q2 FY24 as against a net profit of Rs 12.09 crore is recoeded in Q2 FY23. Net sales declined 19.5% year on year to Rs 580.76 crore during the quarter.

Shares of Sharda Cropchem shed 1.38% to settle at Rs 427.30 on the BSE.

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