New Delhi: Setco Automotive on Wednesday said its long-time chief financial officer Vinay Shahane passed away on November 23.
“We regret to inform you of the sudden and sad demise of Mr. Vinay Shahan, Vice President and CFO of the company. Mr. Shahane’s sudden and unexpected passing away will be an irreparable loss to the company and all the directors and employees of the company express deep sympathy, sorrow and condolences to his family,” Setco said in a regulatory filing.
During his long career with the company, Shahane had played a crucial leadership role and the company immensely benefited from his vision and leadership, the auto component maker added.