Mumbai, Maharashtra, India, May 2026 – Rajat Kumar Singh has been appointed as Director & Group Chief Financial Officer at Welspun World, bringing with him more than three decades of leadership experience across finance, treasury, mergers and acquisitions, capital markets, and infrastructure development. Over the years, he has played a pivotal role in driving large-scale fundraising, strategic transactions, and business transformation initiatives across 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 Kumar Singh 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 contributed to strengthening the organization’s financial strategy and operational performance during a critical phase of growth.
Prior to ACME Solar, Rajat spent nearly five years with Lodha Group as President, leading finance and treasury functions while managing relationships with the financing community and rating agencies. During his tenure, he contributed significantly to the company’s IPO and Qualified Institutional Placements (QIPs), helping raise approximately USD 1.5 billion. He also led financing and refinancing transactions exceeding USD 6 billion and played a key role in improving the company’s credit rating from BB- to AA, resulting in a substantial reduction in financing costs. Additionally, he negotiated and executed M&A transactions worth nearly USD 2 billion and supported the structuring and financing of logistics business platforms.
Earlier, Rajat held senior finance leadership responsibilities with Adani Group as Joint President (Finance), CFO & Group Head of Financial Resources, where he led financing and refinancing initiatives amounting to approximately USD 15 billion across domestic and offshore markets. He also supported strategic equity fundraising initiatives and managed complex M&A transactions across energy, logistics, mining, manufacturing, trading, and real estate businesses. His extensive experience also includes a long tenure with Reliance Group, where he played a key role in IPO activities and raised nearly USD 6 billion across sectors including energy, BOT infrastructure, and cement.
Earlier in his career, Rajat Kumar Singh worked with GMR Group, contributing to airport business development and infrastructure financing initiatives, including project finance for airports, toll roads, and energy plants. He also held roles with Steel Authority of India Limited and DCM Shriram Consolidated Limited, building foundational expertise in construction finance, project approvals, operational optimization, and industrial project management.
About Welspun World
Welspun World is one of India’s fastest-growing global conglomerates with businesses spanning line pipes, home textiles, infrastructure, warehousing, oil and gas, steel, advanced textiles, and flooring solutions. Valued at approximately US$5 billion, the company operates across more than 50 countries with manufacturing facilities in India, the United States, and Saudi Arabia. With a workforce of over 30,000 employees and a strong focus on innovation, engineering excellence, sustainability, and customer-centricity, Welspun continues to expand its global footprint across multiple industries.
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