Remsons Industries Ltd
Debendra Kumar Panda has extensive work experience in finance and management. Debendra Kumar has held senior roles in various companies, including REMSONS Ind Ltd, LIBERTY Steel Group, Caparo Engineering India Ltd, Teva API India Limited, Minda SAI Limited, DONALDSON INDIA FILTER SYSTEMS PRIVATE LIMITED, AMIRA PURE FOODS PRIVATE LIMITED, and TCI Group.
In their most recent role as Chief Financial Officer at REMSONS Ind Ltd, they were responsible for spearheading the Group Finance Function and managing various financial activities such as monthly closing, budgeting, MIS reporting, investor relations, and strategic business support.
During their tenure as the General Manager of Financial Analysis & Business Transformation at LIBERTY Steel Group, they led financial analysis and due diligence of projects, managed cash flow and debt restructuring, and played a key role in increasing efficiency in the finance function.
At Caparo Engineering India Ltd, they served as the General Manager of Finance, where they led the consolidation and analysis of financial MIS, administered audit processes, implemented internal controls, and contributed to cost reduction and turnaround initiatives.
Debendra Kumar Panda has also held managerial roles in costing, MIS, and accounts at various companies earlier in their career. Overall, they have demonstrated a strong expertise in financial analysis, business transformation, cost reduction, and strategic planning.
Debendra Kumar Panda completed a Bachelor of Commerce (BCom) degree in Accounting and Finance from Sambalpur University between 1986 and 1989. Following this, they pursued further education in Financial & Cost Management at the Institute of Cost Accountants of India, obtaining the degree of FCMA from 1990 to 1993.
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Remsons Industries Ltd
Remsons Industries Limited is an India-based automobile components manufacturing company. The Company is engaged in the manufacturing and designing of auto control cables and gear shifters. It offers various solutions in terms of designing, manufacturing, logistics and client servicing for the automobile industry. It manufactures inner cable (strand, rope and flexible shaft), conduit (flat, round, dual wire and integral liner duly coated), liner, plastic extruded sleeve, injection molding (plastic components) and zinc die casted cable end. Its products include cables, flexible shafts, gear shift systems and push pull cables. Its products are used in applications, including passenger cars, rear engine buses and farm equipment. The Company exports its products to the United States, Columbia, Central America, the United Kingdom, Italy, Spain, Belgium, France and Singapore. The Company has manufacturing facilities in Mumbai, Pune, Daman, Vapi, Gurgaon, Pardi and Sitarganj (Uttaranchal).