The Board of Directors of Astec Lifesciences Limited, based on the recommendation of the Nomination and Remuneration Committee, has appointed Madhur Gundecha as Chief Financial Officer (CFO) of the company with effect from 28th October, 2022.

Madhur Gundecha has over 23 years' experience working in leading companies such as Omniactive Health Technologies, Johnson Matthey Chemicals, BASF, Godrej Agrovet Limited & Bharat Petroleum Corporation Limited.

He has a proven track record of spearheading finance functions and generating value by establishing financial policies, procedures, controls and reporting systems. He has held various leadership positions with responsibilities for Controllership, FP&A, Operational Finance and Treasury. He is a qualified Chartered Accountant and Cost Accountant and is also a CFA Level 3 candidate.