Mumbai, Maharashtra, India, February 2026 — Sterlite Electric (Sterlite Group) has appointed Sumil Mathur as Group Chief Financial Officer. In this executive role, he will lead the group’s global financial strategy, capital management, and corporate governance across its diversified industrial portfolio.
As Group CFO, Mathur will be responsible for driving fiscal excellence and supporting the group’s strategic growth initiatives across various business verticals. His appointment follows a distinguished tenure at Emaar India, where he served in the dual capacity of Chief Operating Officer and Chief Financial Officer, playing a pivotal role in operational restructuring and financial stabilization.
Prior to this, Mathur held multiple leadership roles at Emaar, including Chief Financial Officer and Financial Controller & Vice President, where he strengthened financial controls, governance frameworks, and business performance alignment.
Earlier, as Vice President – Finance at HCL Infosystems Ltd, he led financial reporting, compliance, consolidation, group shared services, and restructuring initiatives for the listed entity. He was actively engaged in end-to-end organizational restructuring, including coordinating rights issues and funding requirements, and contributed to transformation projects within HCL group entities.
Before HCL, Mathur served as General Manager – Finance at Indus Towers Limited, where he supervised a 100+ member team and led large-scale Oracle ERP implementation projects. He managed corporate financial accounting and reporting aligned with IFRS and Ind AS, oversaw statutory and regulatory compliance, and handled financial operations across multiple regional circles.
His earlier professional foundation includes a decade-long tenure at JCB, where he managed finance operations across manufacturing plants and supported SAP implementation and IFRS transition. He also held key roles at Bharti Airtel Limited, India Yamaha Motor Pvt. Ltd., and began his career with S.S Kothari & Co., building extensive expertise in financial management, compliance, ERP transformation, and operational leadership.
With nearly three decades of experience across real estate, telecommunications, and manufacturing, Mathur now spearheads the global financial mandate for Sterlite Group, leveraging his deep expertise in IFRS, Ind AS, ERP transformations, and enterprise restructuring.
About Sterlite Electric
Sterlite Electric Limited (formerly Sterlite Power Transmission Limited) is a global manufacturer in the cable conductor industry, specializing in high-performance power conductors, extra-high voltage (EHV), high voltage (HV), medium voltage (MV) cables, and optical ground wire (OPGW). Serving customers in over 70 countries, Sterlite plays a key role in enabling critical power infrastructure development worldwide.
With four manufacturing facilities and substantial annual production capacity, the company combines advanced engineering capabilities with specialized EPC services to upgrade and strengthen transmission infrastructure across complex geographies. Sterlite Electric continues to shape the future of global energy infrastructure through innovation and long-term growth commitment.
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