People: Prestige Estates Projects Ltd (PREG.NS)
23 Jul 2019
Mr. Venkat K. Narayana serves as Chief Executive Officer, Executive Director of the Company. He was Chief Financial Officer and Executive Director - Finance of Prestige Estates Projects Ltd. He served as Compliance Officer and Company Secretary of the company. He joined Prestige Group in 2003 and over the past 10 years has been involved in a myriad of aspects in the companies’ operations and growth before assuming the role of Executive Director - Finance & CFO. His responsibilities include Corporate Finance, Accounts & Audit, Budgeting, Investor Relations, Corporate Taxation, Corporate Affairs & Planning. He has pioneered several strategic initiatives to success within the company and has been instrumental in introducing private equity investments into the Group and for entering into several strategic joint ventures. He was the driving force behind the successful IPO and the listing of shares of the Company on Indian bourses. He also successfully steered the Institutional Placement Program (IPP) which was then only the second IPP in the Country and the first in South India in the real estate sector aimed at reducing the promoters’ shareholding as per SEBI guidelines. He won the prestigious CFO 100 award for the year 2012 under the category ‘Winning Edge’ in Raising Capital/Fund Management from CFO Institute (CFO India magazine) for his outstanding contribution in the area of fund raising. He is a qualified Chartered Accountant, Company Secretary, Cost Accountant and a Law Graduate. He has also qualified from the Institute of Chartered Secretaries and Administrators, United Kingdom.
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