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The appointment is based on the recommendations of nomination and remuneration committee and audit committee of the board.
Manish Bhatia is a chartered accountant (CA) having 28 years of experience in the functions of accounts, finance, direct & indirect tax, audit and business processes as well as in other business functions such as strategy, M&A, IT, legal & secretarial, supply chain. He has been previously associated with major Corporates viz., Prism Johnson and Apollo Tyres.
Trident is one of the largest towel manufacturers of the world, one of the world's largest agro–based paper manufacturers and one of the largest yarn producers in India. Trident is a vertically integrated textile (Yarn, Bath & Bed Linen) and Paper (Wheat Straw-based) manufacturer.
The company's net profit soared to Rs 90.71 crore in Q2 FY24 as compared with Rs 37.39 crore posted in Q2 FY23. Net sales stood at Rs 1,797.52 in Q2 FY24, jumped 25% YoY.
Shares of Trident shed 0.25% to Rs 36.30 on the BSE.
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