Action TESA
Sunit Shangle has a wide range of experience in finance and leadership roles. Sunit started their career in 2005 as the Vice President of PE and M&A at Allianz Securities Ltd. In 2005, they also took on the role of Head of Private Equity at Almondz Global Securities Limited. Moving forward, Sunit became the Vice President Finance at PG ELECTROPLAST from 2010 to 2013 and again from 2010 to 2013. Sunit then worked as the CFO at KWALITY LIMITED from 2013 to 2016. Sunit's next role was Vice President (F&A) at FIITJEE Limited from 2016 to 2018. Currently, they are serving as the Vice President Finance at Action TESA since 2018.
Sunit Shangle pursued their education chronologically as follows:
From 1978 to 1982, they attended Apeejay School, where they completed their secondary education. The degree obtained during this period is unknown.
Next, from 1982 to 1984, Sunit studied at Bal Bharati Public School, specializing in Commerce for their Class XI and XII studies. The degree obtained during this period is also unspecified.
Continuing their education in Commerce, Sunit joined Shri Ram College of Commerce from 1984 to 1987, where they completed their Bachelor of Commerce (BCom) degree.
Lastly, from 1985 to 1988, Sunit attended The Institute of Chartered Accountants of India, focusing on Accounts and Economics and obtaining a CA degree.
Overall, Sunit Shangle completed their education in a sequential manner, starting from their school years and concluding with higher education in Accountancy and Commerce.
Action TESA
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The Action Group, one of India’s largest business conglomerates, was established in the early 1970s under the guidance of Shri N. K. Aggarwal, a respected leader, visionary, and philanthropist. Its journey began with Action Shoes, a footwear brand that quickly gained popularity and became a household name. Driven by a spirit of continuous growth, innovation, and a commitment to excellence, the group has diversified its operations across multiple sectors including footwear, electronics, real estate, chemicals, flex manufacturing, coal mining, and engineered wood panel products. Recognizing the anticipated future increase in demand for MDF, the group proactively expanded its portfolio to include the manufacturing of Particleboard & MDF, along with a range of value-added products such as HDHMR, Boilo, HDF Laminate Wooden Flooring, Embossed HDF, UV-coated panel, Acrylic hi-gloss boards, and HDHMR doors under the brand name Action TESA. With a combination of technical expertise and an extensive array of designs available in a rich palette, Action TESA products have emerged as the preferred choice for customers. Notably, Action TESA proudly installed India’s first and only 7th generation Contiroll machine from Seimpelkamp GmbH & Co., Germany, solidifying its position as the largest engineered wood panel products manufacturer in the country with an annual production capacity of 750,000 CBM. This commitment to innovation and excellence ensures that Action TESA maintains its leading position in the panel industry. Action TESA has achieved several significant milestones. It introduced the first thin MDF plant in India and currently holds the top position in the panel industry within the country. The company also pioneered the introduction of DOME Technology, providing unique features for each product.