Ashok Bhandari was instrumental in renegotiating interest rates for Shree Cement
Shree Cement was buried in debt in 1997 after it commissioned a new plant. The firm's CFO and ED Ashok Bhandari was instrumental in renegotiating interest rates with lenders.
- Oct 6, 2014,
- Updated Oct 17, 2014 11:57 AM IST
BT-Yes Bank Best CFOs Survey Leverage Management (Large Companies)
Winner: Ashok Bhandari, CFO and ED, Shree Cement
Ashok Bhandari showed deft leverage management in difficult times for the economy as well as cement companies. Bhandari, who was CFO of Shree Cement from 1990 until August this year, says he was not averse to debt but his focus was on expanding the bottom line.
FULL COVERAGE: Best CFOs 2014
BT-Yes Bank Best CFOs Survey Leverage Management (Large Companies)
Winner: Ashok Bhandari, CFO and ED, Shree Cement
Ashok Bhandari showed deft leverage management in difficult times for the economy as well as cement companies. Bhandari, who was CFO of Shree Cement from 1990 until August this year, says he was not averse to debt but his focus was on expanding the bottom line.
FULL COVERAGE: Best CFOs 2014