1. RAJEEV DHINGRA
QUALIFICATION:
CHARTERED ACCOUNTANT: Nov. 1991 attempt, Article-ship from M/s SHARP & TANNAN, New-Delhi,
an International firm and Asian Counterparts of Spicer & Oppenheim which got merged into Deloitte
Haskins & Seels, one of the top most chartered accountancy firms of the world.
Graduation: B.Com. (Hons); Delhi-University; 1983-1986; 1st
Div, 4th
Rank in College.
Allied Professional Courses
“P. G. Diploma in Portfolio Management” from National Institute of Technology and Management,
New Delhi in 1993.
“Certificate course on Forex and Treasury Management” from ‘The Institute of Chartered
Accountants of India’ in July 2010.
IFRS: Completed Diploma Course (Week end – Sunday) classes in 2013. Clearing exams will
entitle accreditation to International Body – ACCA in IFRS.
KEY SKILLS AREA:
Banking, Finance, Accounts, Financial structuring, Commercials, M&A, Taxation.
Around 25 YEARS OF RICH EXPERIENCE (Post CA) of handling various portfolios, including:
-Corporate / Project Financing: Financial Closure, Information Memorandum, Financial Model;
Loan process note, Term Sheet/ Deal evaluation, loan documentation, structuring, draw down,
CAPEX/OPEX period financing/funding, JLF meet, Lenders’ visit/Lender Meet, loan against future
receivable / securitization, additional / cost increase Loan, Pre IPO / PE Funding; Working Capital -
Fund / Non Fund Base facilities; Long / Short Term - Rupee / Debenture Loan; Interest / Bank
Charges negotiation; analysis, numerical comprehension; Dealing with Banks/FI’s; New Project
Appraisal; Lender/Concurrent Audit; dealing with lender engineer; Taxation.
-Finalization of accounts: Finalization / capitalization / account closures / audit / Accounting;
Consolidation – various Sites as well as Subsidiary into Parent Co / Hold Co including foreign
branches; Tax Returns; Payment Authorization / Processing; Organizing / restructuring / designing /
implementing costing / financial and accounting systems/activities to achieve costing / financial
discipline / business controls with an objective to enhance the overall cost / financial and accounting
efficiency of the organization; handled multi location accounts and audit; dealing with taxation
matters.
-Acquisition – M&A: Support/Participating in Acquisition – Mergers / take overs,
Coordinating/Controlling Due Diligence exercise.
-Bidding Support: Bid evaluation / participation / preparation; CA / Legal / Consultant Certificates,
JV dealings / dealing with authorities. Ensuring / supporting compliance with Concession /
Implementation Agreements.
-Contracts and Claims: Government and other agencies; Concession / Commercial Agreement
evaluation / negotiation; Partnership / JV proposal; corporate legal cases.
-Project Costing / Financial Forecasting / Budgeting / Tax Systems / Planning
-Inspection / Stock / Revenue / Statutory audits: of Banks, Government, Public and Private
Institutions of different sizes and fields.
WORK EXPERIENCE
Since September 2015, working as CFO with C&C Constructions Limited – an NSE and BSE listed
infrastructure - construction company having national and international presence looking after their
financial management / restructuring; implementation of CDR scheme; investors dealing; dealings
with banks and financial institution; taxation.
From January 2014 to September 2015 worked as Senior Vice president (Finance & Accounts)
with Hindustan Power Projects Limited (formerly Moser Baer Power Projects Limited) for their
Solar Power Projects funding and corporate level banking facility at solar hold co level / EPC activities
at Delhi Head Office. Completed corporate level structured funding and SPV level fundings.
BG –5A / 48B, DDA Flats, Paschim Vihar, New Delhi 110 063
dhingra_fca@yahoo.com 99100 41421, 011 - 4233 1492,

2. From May 2011 to January 2014 - Coastal Projects Limited (CPL)
Left CPL in the rank of Executive Director – Finance & Commercial. At the time of moving out, CPL
had a topline of around Rs.2,500 crores / NW Rs.1,200 crores / around 700 mw of power assets in
the group. In around two years at CPL contributed as principal participant / leader in:
-an international acquisition with overseas assets including its acquisition funding; one
international strategic JV partnership; one international acquisition with Indian assets; worked upon
one international funding for an Indian SEZ asset – brought it to advance stage of completion;
-deal structuring, commercial negotiations, JV dealings & legal matter handling, requisite bidding
and post Bid evaluation support;
-local cost escalation refinancing cum restructuring including complete monitoring – cost /
implementation / taxation of the underlying project that is likely to be completed much ahead of the
schedule;
-Completed sale of an Indian asset while another was on the verge of completion, lead participant of
few other asset sale proposals.
-dealing with PE investors; running DD for prospective investors
-Participation in MIS system implementation, budgeting, dealing with bankers; CDR proposal;
-Documentation & deal closure of two under construction project acquisition;
-Financial accounts, audit –of almost all Indian and international SPV’s of the group.
From August 2004 – April 2011 DSC Limited (formerly D. S. Constructions Limited) (”DSC”)
Left DSC as VP – Finance & Accounts. DSC is a major BOT cum EPC player in the infrastructure
sector in India, especially in Road BOT. DSC is a part of the DSC Group, run and owned by Mr. H. S.
Narula & family. The total group turnover had been in excess of $2 Billion spread over various fields
and zones spanning India, Middle East, South Africa, UK and USA.I Was managing DSC’s and its
SPV’s accounts / taxation / financing / working capital limits / deal structuring & finalization / legal
documentation / due diligence / release of funds / dealing with banks & FI’s etc.
July 1989 to July 1992 and from April 1997 till August 2004
Worked with M/s. Sharp & Tannan; M/s. Kale Sibal Sharma & Co.; M/s. Batra Sapra & Asso.;
M/s. Kanwal Chanana & Associates, New Delhi – all Chartered Accountants firms in
Professional Capacity managing their audit / taxation / finalization of accounts / financing cum funding
activities for various clients on Service / Consultant cum Retainer basis. During this tenure was
having my own practice as well and have been involved in taxation / financing / auditing. I have
finalized independently and along with seniors as well as other branch auditors balance sheets of
companies like DSC Ltd. along with its SPVs (for around eleven years), L&T, Crompton Greaves,
Greaves Cotton, REC, Godrej, KRIBHCO, NTPC etc. During tenure with these CA firms worked on:
- Various Statutory/Internal/Special Audits: Management/Inspection/Stock/routine etc.
- Reconciliation of Party receivables/Payables/Banks/Stock/Material Consumption/ Expense
reconciliation etc.
- Accounting; financial closure; finalization of Branch and HO Accounts/consolidation of Accounts /
Balance Sheet Preparation / Discussion with Management.
- Tax Audit / Tax calculation and finalization / Helping in Direct and Indirect tax case preparation and
discussion with CA and Assessing Officers/Authorities.
- Preparation/presentation of data in search/raid cases based on seizure.
July. 1992 to March 1997:
Worked with S. K. Garg & Co. / S. K. & Co. / Fin Brains Securities Pvt. Ltd. – all Stock / Share
Broking houses of DSE / NSE on employment / retainer / consultancy basis controlling and managing
their complete office as In Charge carrying out and overseeing all activities including:
- Share Trading for clients including institutions and dealing with stock exchange on technical
matters.
- Client dealing including retail and institutional client dealing and complete settlement of deals.
Controlling and managing reconciliation of client as well as Stock Exchange receivables / payables.
- Limit arrangements and handling/managing banking/finance operations.
- Complete Accounts handling / Balance Sheet Preparation / dealing with auditors – statutory as well
as special auditors appointed by SEBI / Stock Exchange.
Overseeing Income tax working / data sharing / dealing with CA/Authorities.

3. Financial closures successfully achieved – SPV’s:
• Completed and closed Pre IPO funding arrangement of INR + 900 crores.
• Monitoring of completed BOT - Rail / Road projects of around INR 1,500 crores. Currently actively
associated with around Rs.1,800 crores of under construction Hydro assets at CPL – India, Sri
Lanka and Nepal.
• Achieved / actively involved in financial closures (FC) with institutional facility of around INR 4,000
crores of nine BOT projects valuing around INR 5,100 crores including special sanction of
additional cost overrun / refinancing loan for three projects amounting to around INR 200 crores.
• Completed re-securitization of an already securitized road project for Rs.1,600 crores on better
terms / lesser interest / longer tenure / better back ended repayment besides additional increased
facility of around INR 350 crores. This is beside securitization of road and rail projects for Rs.1,390
crores. Dealt successfully with Government agencies as well for these projects for release of Grant
as well as on clearance of various commercial terms of the Projects under Concession Agreement.
• Involved in various capacities in pre IPO funding / PE / financial reconstruction / financial closure
deals valuing around INR 2.0 Bn and Parking Projects of Rs.400 crores allotted to the Company.
Had been associated with BOT/cash - Rail / Road / Parking / Power projects of around INR 6,500
crores in many states spread from Northern India to Southern India, including Rs.500 crores cash
contract as part of main BOT project.
Job Profile / KRA’s - Dealing / interacting with – in various capacity / stages for following:
- All type of auditors’ of individual companies, SPV’s of the group including parent company.
Overseeing and finalization of Accounts of including dealing / finalization / overseeing of the
branches.
- Strategic business planning (long and medium term), financial forecasting, MIS, budgeting and
project costing with focus on feasibility analysis of various available business opportunities and
based on costing info provided by BD team on case to case basis; New Project Appraisal from
financial and legal perspective;
- Contracts and Claims on Government and other agencies;
- Bid evaluation / assisting in bid participation note preparation; Bid parameters evaluation;
comparison of bid requirement with Group credentials / partner credentials; CA / legal certification
from Marketing perspective;
- Concession Agreement evaluation / discussion with internal team;
- Partnership proposal evaluation for the data submitted by proposed partner’s;
- Dealing with FI’s / Lead Banks / Consultants – L&T Finance, IFCI, PFS, IREDA, PFC, REC, IDFC,
HUDCO, UTI, LIC, IIFCL, ICICI, SBOP, SBOM, SBBJ, PNB, SIDBI, SBOH, PSB, UCO, Canara,
ICICI Securities, ICICI Ventures, EXIM Bank, SBI Caps, IDBI, GE, Halcrow, EIL, SPAN
Consultants, AMSS, PWC, KPMG, E&Y, SRB, AZB, L&L etc.
- Dealing/dealt with on term sheets / requirements with investors / bankers. Supplying financial and
allied data for Corporate / Project - financing / restructuring plan etc. with preparation / helping in IM
/ FM.
- Dealing/dealt with PWC / Edelweiss / E&Y / KPMG / S R Batliboi / Amarchand Mangaldas / ICICI
Securities / ICICI Venture / DB in connection with Pre IPO / PE aggregating more than INR 1,100
crores / discussions on prospective maiden IPO of DSC
- Active participation in implementation of ERP system.
- Had been actively involved in proposed foreign acquisition of a Global Group, deal structuring, term
sheet evaluation, Organization Structure, financial evaluation, leading to fund raising. Promoter-take
out issues, companies formation – Domestic / International through various overseas consultants –
supplying them with the requisite data - from India and worldwide group entities; advance
discussions etc.
In SPV’s formed for execution of various BOT/BOOT projects – managing / overseeing:
-Discussion on Concession Agreement.
- Assisting in compilation / appraisal of IM, FM, financing activities including financial closure /
documentation with Financial Consultants, legal counsels, lenders, traffic consultants etc. Working
on revised cost and its funding. Escrow account handling.
- Term Sheet evaluation / finalization / Security Structure / Lending Cost etc.
- Accounting / Balance Sheet / Taxation / dealing with auditors.
-Budget finalization / sanction / release from Lender’s – CAPEX and OPEX.

4. - Interacting with IC / LE / other departments for procurement of data on billing / data to be
incorporated for Draw down and Expenditure certification etc.
- Dealing with Lender’s and Consortium members in connection with draw down etc.
- Helping Business Development Group on taxation issues. Bids evaluation.
Managing / participation in:
- Preparation / finalization of Group Projections taking into account the concerns of group / future
investor’s / bankers.
- Pre IPO / PE funding; ERP implementation; due diligence for Pre IPO / PE / strategic investment /
M&A / asset sale – purchase; dealing / interacting with consultants, International / National Legal
Counsels in connection with DRHP / RHP for proposed IPO. As part of the under consideration IPO
exercise, was entrusted with the job of overseeing the consolidation / recasting / restatement /
conversion of international balance sheets as per Indian GAAP.
- Dealing with foreign accounts from Indian Perspective, where ever applicable.
- Preparation and submission of Income Tax details for Companies / Director’s income tax case as
requisitioned by auditors’ / Assessing officer / Appellate authorities etc. in Direct / Indirect taxation
issues.
Strengths:
I am a team-oriented, self-motivated individual with excellent communication/ interpersonal skills and
leadership qualities; excellent work ethics and quick learner with willingness to learn and adapt to new
challenges.
CAREER OBJECTIVE:
To excel in the field of financial management & corporate governance by becoming significant
contributor in a proficient team and challenging environment of a growth oriented group/organization.
COMPUTER LITERACY:
- GOOD WORKING Knowledge of Windows, Internet.
- MS-Office (Excel, Word, Power Point), Tally and SAP to some extent.
Personal Details:
Date of birth : October 28, 1965.
Father's Name : Late Sh. T. C. Dhingra
Marital Status : Married; Wife – B. Sc, B. Ed., MA (English), M Phil (English); Ex Convent
School English Teacher; currently home maker. Kids – Two – Elder Daughter in
IInd year of graduation + doing CA & CS and Younger Daughter in Class IXth
.

5. Annex.
List of few companies I have been engaged with, prior to Hindustan Power Projects Limited, as
employee / auditor / consultant / retainer during my pre and post qualification period - in various
capacities - own name / individually as well as on assignment basis; for and on behalf of other
chartered accountants, consultants as Statutory / Internal / Revenue / Inspection / Stock Auditor,
Management Consultant for MIS purposes / Income Tax related and other Internal Accounts related
purposes:
- C&C Constructions Limited along with its subsidiaries / SPVs and JV’s.
- Hindustan Power Projects Limited and its subsidiaries / SPVs.
- Coastal Projects Limited and its subsidiaries / SPVs and JVs.
- DSC Limited (formerly D. S. Constructions Ltd.) and its subsidiaries / SPVs and JVs.
- Larsen & Toubro Ltd. including ECC Ltd. (formerly a separate company now a unit of
L&T).
- Crompton Greaves Ltd.
- Greaves Foseco Ltd.
- Greaves Cotton Ltd.
- Western Coalfield (I) Ltd.
- Singers India Ltd.
- NTPC
- Rural Electrification Corporation (REC)
- KRIBHCO
- Electrolux Kelvinator Ltd.
- Godrej & Boyce Manufacturing Ltd.
- Rai & Sons Group, Delhi
- Chowgule Industries Ltd.
- Ebony Retail Holdings Ltd.
- Dr. Lal Path Labs – A Padma Shree Award Winners’ organization.
- Usha Shriram - Household Wing
- Ashwani Kumar - Mehra Sons Group (Jewelers)
- Cetral Distillery & Breweries Ltd. - A subsidiary of Shaw & Wallace Group
- Gujarat Pipavav Port Ltd.
- Carrier Aircon Ltd.
- Saini (Hair Oil) Group.
- Suri Group - Automobile Wing (Fiat)
- Delhi Stock Exchange; Quite a few Brokers of DSE and NSE
- Many Branches of Oriental Bank of Commerce, Bank of Maharashtra, Dena Bank,
Punjab & Sind Bank.
- Schools of DAV Education Society.
- Accounts and audits of many Cooperative Society.

6. Annex.
List of few companies I have been engaged with, prior to Hindustan Power Projects Limited, as
employee / auditor / consultant / retainer during my pre and post qualification period - in various
capacities - own name / individually as well as on assignment basis; for and on behalf of other
chartered accountants, consultants as Statutory / Internal / Revenue / Inspection / Stock Auditor,
Management Consultant for MIS purposes / Income Tax related and other Internal Accounts related
purposes:
- C&C Constructions Limited along with its subsidiaries / SPVs and JV’s.
- Hindustan Power Projects Limited and its subsidiaries / SPVs.
- Coastal Projects Limited and its subsidiaries / SPVs and JVs.
- DSC Limited (formerly D. S. Constructions Ltd.) and its subsidiaries / SPVs and JVs.
- Larsen & Toubro Ltd. including ECC Ltd. (formerly a separate company now a unit of
L&T).
- Crompton Greaves Ltd.
- Greaves Foseco Ltd.
- Greaves Cotton Ltd.
- Western Coalfield (I) Ltd.
- Singers India Ltd.
- NTPC
- Rural Electrification Corporation (REC)
- KRIBHCO
- Electrolux Kelvinator Ltd.
- Godrej & Boyce Manufacturing Ltd.
- Rai & Sons Group, Delhi
- Chowgule Industries Ltd.
- Ebony Retail Holdings Ltd.
- Dr. Lal Path Labs – A Padma Shree Award Winners’ organization.
- Usha Shriram - Household Wing
- Ashwani Kumar - Mehra Sons Group (Jewelers)
- Cetral Distillery & Breweries Ltd. - A subsidiary of Shaw & Wallace Group
- Gujarat Pipavav Port Ltd.
- Carrier Aircon Ltd.
- Saini (Hair Oil) Group.
- Suri Group - Automobile Wing (Fiat)
- Delhi Stock Exchange; Quite a few Brokers of DSE and NSE
- Many Branches of Oriental Bank of Commerce, Bank of Maharashtra, Dena Bank,
Punjab & Sind Bank.
- Schools of DAV Education Society.
- Accounts and audits of many Cooperative Society.