Welspun World welcomes Rajat Kumar Singh as Director & Group CFO

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Rajat Kumar Singh joins Welspun World to lead group finance and growth strategy
Rajat Kumar Singh joins Welspun World to lead group finance and growth strategy

Rajat is a finance leader with more than 30 years of experience across finance, treasury, mergers and acquisitions, capital markets and infrastructure development.

Throughout his career, Rajat has led major fundraising initiatives, strategic transactions, and business transformation programs at organizations including ACME Solar, Lodha Group, Adani Group, Reliance Group, GMR Group, Steel Authority of India Limited, and DCM Shriram Consolidated Limited.

Before joining Welspun World, Rajat served as Group CFO at ACME Solar, where he oversaw finance and accounts, debt and equity management, mergers and acquisitions, taxation, legal and compliance, internal audit, and business performance functions. His leadership helped strengthen the company’s financial strategy and operational effectiveness during an important phase of growth.

Prior to that, he spent nearly 5 years with Lodha Group as President, leading finance and treasury operations while managing relationships with lenders and rating agencies. During his tenure, he played a key role in the company’s IPO and Qualified Institutional Placements (QIPs), helping raise nearly USD 1.5 billion. He also led financing and refinancing transactions worth more than USD 6 billion and contributed to improving the company’s credit rating from BB- to AA, significantly reducing financing costs. In addition, he negotiated and executed M&A transactions valued at nearly USD 2 billion and supported the structuring and financing of logistics business platforms.

Earlier, Rajat held senior leadership roles at Adani Group as Joint President (Finance), CFO & Group Head of Financial Resources. There, he led financing and refinancing initiatives totaling approximately USD 15 billion across domestic and international markets, while also supporting equity fundraising and complex M&A transactions across energy, logistics, mining, manufacturing, trading, and real estate businesses.

He also spent several years with Reliance Group, where he played an important role in IPO activities and helped raise nearly USD 6 billion across sectors such as energy, BOT infrastructure, and cement.

Earlier in his career, Rajat worked with GMR Group, contributing to airport business development and infrastructure financing projects, including airports, toll roads, and energy plants. He also held positions at Steel Authority of India Limited and DCM Shriram Consolidated Limited, gaining expertise in construction finance, project approvals, operational optimization, and industrial project management.

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