Deepak Nitrite is proud with the Institute of Cost Accountants of India (ICMAI) conferring the Best Chief Financial Officer (Private Manufacturing Medium- Male) award to Sanjay Upadhyay – Director Finance and Group CFO, Deepak Nitrite Limited at the 7th Edition of the CMA Awards 2022 in New Delhi.

The award acknowledges Upadhyay’s financial expertise and par excellence in governance practices while celebrating his unwavering commitment to infuse the best practices in the financial ecosystem.

ICMAI is a highly reputed professional accountancy body under the ownership of Ministry of Corporate Affairs and Government of India with the prime responsibility to contribute to the cost and management accounting profession at the global level.

The esteemed jury, presided over by Justice (Retd.) S.J. Mukhopadhaya, Former Judge, Supreme Court of India and Former Chairperson, National Company Law Appellate Tribunal (NCLAT), assessed the nominees on stringent parameters to adjudge winners in each category.

Sharing his thoughts, Upadhyay said, “The ICMAI award underlines the continual improvement in Deepak Group’s transparent and stakeholder- friendly financial management and prudence, benchmarked to global standards. Every achievement is a milestone towards achieving fiscal excellence and this motivates the team in achieving greater goals through dedication and perseverance.”

Earlier in the year, Upadhyay was conferred the Best CFO (large Enterprise) by Business World (BW) for 2023 as well as The Best CFO of the Year (Chemical Sector) by ASSOCHAM in March 2023.