Chennai : Raj Television Network has elevated an insider and long time associate Mr. S Jeyaseelan as the new Chief Financial Officer (CFO).
In their notification to the BSE, the Network has said that the approval was given in the Board meeting that was held on 28 April and S Jeyaseelan has been appointed as the CFO of the company after duly recommended by audit committee and remuneration committee of the company.
His appointment as CFO is effective from 1 April 2014. Mr. Jeyaseelan’s is having two decade long association with Raj TV Network in various functions of Finance.
Raj Television is a 20 year old company based in Chennai and promoted by four brothers. Recently, the company was on a lookout for equity investors to fund its growth plan by raising Rs 200 crore through stake sale.
Raj Television Network operates 12 channels in Tamil, Telugu, Kannada, Malayalam and Hindi.