Satendra, in his earlier assignments, has setup multiple world class operations including India's largest telecom infrastructure manufacturing facility “making in India for global markets”, crafted and implemented new global supply network strategy targeted to increase agility and market proximity, led Industry 4.0 initiatives culminating in a plant becoming a WEF lighthouse factory, and turned around a loss-making supply operation.

Satendra will join Syrma SGS from Nokia, Helsinki, where he was heading global Hardware Service Delivery. He is a global executive with over three decades of experience in strategy, operations, global supply chain, manufacturing, and business management with global multinationals.

Sandeep Tandon, chairperson of Syrma SGS NRC said, “Satendra's appointment is the successful culmination of a rigorous selection process during which the NRC evaluated a number of internal and external candidates. Satendra's experience and understanding of our industry will complement Syrma SGS's strategies and continue to build on the strong growth momentum demonstrated by the company.”

Satendra said, “Syrma SGS's growth journey has been outstanding. I am delighted to join the Syrma SGS family and look forward to work together with all stakeholders to achieve our ambitious milestones and make a positive impact.”

Syrma SGS Technology is a technology-focussed engineering and design company engaged in turnkey electronics manufacturing services ("EMS"), specialising in precision manufacturing for diverse end-use industries, including industrial appliances, automotive, healthcare, consumer products and IT industries.

The company's consolidated net profit jumped 93.1% to Rs 28.52 crore in Q1 FY24 as compared with Rs 15.58 crore in Q1 FY23. Net sales jumped 54.4% year on year to Rs 601.31 crore in Q1 FY24.

The scrip hit all time high at Rs 517.05 in intraday today.