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Dhoot Transmission Taps Industry Veteran Nitin Kalani as Group CFO

Dhoot Transmission Group, a prominent automotive components producer, has named Nitin Kalani as its Group Chief Financial Officer. In his new capacity, Kalani will report directly to Rahul Dhoot, the company’s Founder Chairman and Managing Director. This hiring represents the first major leadership addition following Bain Capital’s strategic growth investment in the group.

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Dhoot Transmission Group has announced the appointment of Nitin Kalani as its new Group Chief Financial Officer, marking its first senior hire following a growth investment by Bain Capital. Kalani brings over twenty years of financial leadership across multiple industries, having held pivotal roles in companies such as Greenply Industries and Varroc Group. A chartered accountant with top national honors and a CFA charterholder, he will work closely with Founder Chairman and Managing Director Rahul Dhoot to drive sustainable, profitable growth. Founded in 1999, Dhoot Transmission has evolved from wiring harness manufacturing for two- and three-wheelers to a diverse portfolio including EV components and electronics.

Kalani’s career spans more than two decades across diverse sectors, including stints at Greenply Industries, the Varroc Group, Credit Suisse, the RPG Group, Rabobank, and Tata Motors.
Most recently, he served as Chief Financial Officer at Greenply Industries Limited, where he oversaw financial strategy and operations.

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Throughout his career, Kalani has led a broad array of capital-market initiatives—ranging from initial public offerings and qualified institutional placements to bond issuances—as well as mergers and acquisitions, treasury ops, accounting, business finance, and FP&A.
He holds the distinction of being a chartered accountant with an all-India merit ranking, is a CFA charterholder from the CFA Institute in the United States, and is a qualified company secretary.

Rahul Dhoot commented that Kalani’s appointment comes at a critical juncture in the company’s evolution. Under his leadership, the group aims to strengthen cost efficiencies, enhance corporate finance functions, and sustain profitable growth during its transformation phase.

Since its inception in 1999, Dhoot Transmission Group dedicated its efforts to producing wiring harnesses for two- and three-wheeled vehicles.
Over the past quarter-century, it has expanded into heavy- and light-commercial vehicle harnesses, off-road and farm equipment applications, and both internal combustion and electric vehicle segments.
More recently, the group has diversified into electronic sensors and controllers, automotive switches, connection systems, and a range of EV-related products such as charging guns, off-board chargers, residual-current devices, and the assembly of lithium-ion batteri

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