Boot elevated COO Gaurav Nayyar as CEO

New -delhi, September 30 (PTI) Imagine Marketing Limited (IML), the parent company of sound and bearable brand boat, announced on Tuesday the appointment of Gaurav Nayyar as his new CEO. He will follow up the company’s co -founder Sameer Mehta. Nayyar, who has served as chief operating officer for three years, brings more than 20 years of experience, including eight years as a partner at Bain & Company. He will now lead the company’s efforts to build on its market leadership and expand its product offers, Boat said in a statement. Mehta will enter the role of executive director, focusing on long -term strategy and Nayyar supported in his new responsibilities, he added. Co-founder Aman Gupta will continue as a non-executive director and maintain its influence on the branding vision and marketing strategy. Earlier this year, Boat Draft Papers submitted to market regulator Sebi for an initial public offer (IPO) via a confidential route. However, it made it clear that the DRHP does not guarantee that the company will continue with the first public offering. This is the second attempt by the company to become public. Previously, in January 2022, the company filed draft papers for a £ 2,000 scholarship. It consists of a new edition of £ 900 shares and an offer for sale (OFS) that has merged up to £ 1.100 crore. Disclaimer: This story was published from a wire agency feed without changes to the text.