Hinduja Ventures (HVL), a Hinduja Group company, announced that it has appointed Amar Chintopanth as Group CFO, media of HVL.

He will report to Tony D'silva who is Group CEO, media, HVL and MD & CEO of IndusInd Media and Communications (IMCL). Chintopanth's appointment is part of Hinduja Group's ongoing restructuring of its media vertical in order to enhance synergy across its various media initiatives. He will be responsible for finance at all Media Group companies including its flagship IMCL.

Commenting on the appointment, Tony D'silva, Group CEO, media, HVL and MD & CEO, IMCL, said, ''I am delighted to welcome Amar to the team at Hinduja Ventures and I'm sure his rich experience in the financial space will help us immensely as we work towards the next phase of digitisation and growth.''

''I am honoured to be part of the Hinduja Group and thank the HVL Board for entrusting me with this responsibility,'' said Chintopanth on his new role. He added, ''My immediate focus is to continue the emphasis on taking advantage of opportunities presented by digitisation in the cable business.''

Shares of the company gained Rs 3.25, or 1.24%, to trade at Rs 266. The total volume of shares traded was 4,058 at the BSE (12.31 p.m., Wednesday).