Board of Directors

Sunil Lalbhai

Executive Director and Promoter

Date of birth: March 15, 1960

Brief résumé: Mr Sunil Lalbhai is Managing Director of the Company since June 1984 and the Chairman of the Board of the Company since August 2007. He is the Chairman of the Risk Management Committee and a Member of the Corporate Social Responsibility Committee, the Investment Committee and the Stakeholders Relationship Committee of the Board.

Mr Lalbhai is a Member of the Governing Council of Shree Vallabh Shikshan Ashram and a Trustee on the Board of BAIF Development Research Foundation (BAIF). He is a Trustee or a member of some of the other social institutions established by the Lalbhai Group.

Mr Lalbhai holds a postgraduate degree in Chemistry from the University of Massachusetts and a postgraduate degree in Economic Policy and Planning from Northeastern University.

Directorships in other companies
Public companies
Amal Ltd – Chairman
Atul Bioscience Ltd – Chairman
Atul Rajasthan Date Palms Ltd – Vice Chairman
Navin Fluorine International Ltd
Pfizer Ltd
The Bombay Dyeing and Manufacturing Company Ltd

Membership in committees of other companies
Chairman of Committee
Navin Fluorine International Ltd – Audit Committee
Navin Fluorine International Ltd – Nomination and Remuneration Committee
Pfizer Ltd – Risk Management Committee
Pfizer Ltd – Stakeholders Relationship Committee
The Bombay Dyeing and Manufacturing Company Ltd – Stakeholders Relationship Committee

Member of Committees
Amal Ltd – Nomination and Remuneration Committee
Atul Bioscience Ltd – Nomination and Remuneration Committee
Pfizer Ltd – Audit Committee
The Bombay Dyeing and Manufacturing Company Ltd – Nomination and Remuneration Committee
The Bombay Dyeing and Manufacturing Company Ltd – Strategic Committee

Location: Mumbai and Atul

Samveg Lalbhai

Executive Director and Promoter

Date of birth: June 4, 1961

Brief résumé: Mr Samveg Lalbhai is a Director of the Company since January 2000 and the Managing Director of the Company since December 2001.

Mr Lalbhai is actively associated with Ahmedabad Textile Mills Association, Ahmedabad Textile Industry’s Research Association, Gujarat Chamber of Commerce and Industry, Federation of Indian Chamber of Commerce and Industry and Indian Cotton Mills Federation.

Mr Lalbhai is also associated with some of the social institutions established by the Lalbhai Group.

Mr Lalbhai holds a graduate degree in Commerce from Gujarat University.

Directorships in other companies
Public companies
Anup Engineering Ltd
Bengal Tea and Fabrics Ltd

Private companies
Arvind Farms Pvt Ltd
Saumya Farms and Organic Products Private Ltd
Sneh Farms Pvt Ltd

Foreign companies
Arvind Overseas (M) Ltd
Arvind Worldwide (N) Ltd
Arvind Worldwide Inc USA

Membership in committees of other companies
Member of Committee
Bengal Tea and Fabrics Ltd – Remuneration Committee

Location: Ahmedabad

Gopi Kannan Thirukonda

CFO and Whole-time Director

Date of birth: March 30, 1959

Brief résumé: Mr Gopi Kannan Thirukonda joined the Company in October, 1993 and he is a Whole-time Director of the Company since October, 2014. He is a Member of the Risk Management Committee and the Stakeholders Relationship Committee of the Board.

Mr Thirukonda has 34 years of experience in various capacities and is currently the Chief Financial Officer.

Mr Thirukonda holds a degree in Science from University of Madras and a postgraduate diploma in management from Indian Institute of Management, Ahmedabad. He is a Fellow Member of the Institute of Chartered Accountants of India, the Institute of Cost and Management Accountants of India and the Institute of Company Secretaries of India.

Directorships in other companies
Public companies
Amal Ltd
Atul Bioscience Ltd
Atul Elkay Polymers Ltd – Chairman
Atul Finserv Ltd – Chairman
Atul Fin Resources Ltd
Atul Nivesh Ltd
Atul Rajasthan Date Palms Ltd
Rudolf Atul Chemicals Ltd

Foreign companies
Atul China Ltd – Chairman
Atul Deutschland GmbH – Chairman

Membership in committees of other companies
Member of Committees
Amal Ltd – Stakeholders Relationship Committee
Atul Bioscience Ltd – Audit Committee
Rudolf Atul Chemicals Ltd – Audit Committee
Rudolf Atul Chemicals Ltd – Corporate Social Responsibility Committee
Rudolf Atul Chemicals Ltd – Nomination and Remuneration Committee

Location: Mumbai

Bharathy Mohanan

President Utilities and Services and Whole-time Director

Date of birth: May 26, 1950

Brief résumé: Mr Bharathy Mohanan joined the Company in August, 1992 and is a Whole-time Director since January, 2009. He is a Member of the Corporate Social Responsibility Committee and Risk Management Committee of the Board.

Mr Mohanan has 47 years of experience in various capacities and is currently the President, Utilities and Services and the Occupier. He is also the Managing Director of Atul Biospace Ltd and Atul Rajasthan Date Palms Ltd.

Mr Mohanan holds a graduate degree in Engineering (Honors) from the University of Calicut.

Directorships in other companies
Public companies
Aasthan Dates Ltd – Chairman
Atul Bio Space Ltd – Managing Director
Atul Clean Energy Ltd – Chairman
Atul Finserv Ltd
Atul Rajasthan Date Palms Ltd – Managing Director
Atul Seeds Ltd
Biyaban Agri Ltd – Chairman
Raja Dates Ltd – Chairman

Foreign companies
Atul Middle East FZ-LLC
DPD Ltd

Membership in committees of other companies
Member of Committees
Atul Rajasthan Date Palms Ltd – Nomination and Remuneration Committee

Location: Atul

Bansi Mehta

Non-executive and Independent Director

Date of birth: September 19, 1935

Brief résumé: Mr Bansi Mehta is a Director of the Company since April 1992. He is a Member of the Audit Committee and the Investment Committee of the Board.

Mr Mehta is the Chief Mentor in Bansi S. Mehta & Co. He was the President of Institute of the Chartered Accountants of India for the year 1981-82.

Mr Mehta holds a graduate degree in Commerce and is a Fellow Member of the Institute of Chartered Accountants of India.

Directorships in other companies
Public companies
Century Enka Ltd
Gillette India Ltd
Pidilite Industries Ltd
Procter & Gamble Hygiene and Health Care Ltd

Foreign companies
Jumboworld Holdings Ltd

Membership in committees of other companies
Chairman of Committees
Pidilite Industries Ltd – Audit Committee

Member of Committees
Century Enka Ltd – Audit Committee
Century Enka Ltd – Corporate Social Responsibility
Century Enka Ltd – Nomination and Remuneration Committee
Gillette India Ltd – Audit Committee
Procter & Gamble Hygiene and Health Care Ltd – Audit Committee
Pidilite Industries Ltd – Nomination and Remuneration Committee
Pidilite Industries Ltd – Risk Management Committee

Location: Mumbai

Rajendra Shah

Non-executive Director

Date of birth: July 07, 1931

Brief résumé: Mr Rajendra Shah is a Director of the Company since May 1983. He is the Chairman of the Investment Committee and a Member of the Nomination and Remuneration Committee of the Board.

Mr Shah is a Senior Partner of Crawford Bayley & Co., a firm of Solicitors and Advocates.

Mr Shah holds a degree in Law from the University of Mumbai and has passed Solicitor exam from the Honourable High Court at Mumbai.

Directorships in other companies
Public companies
BASF India Ltd
Colgate Palmolive India Ltd – Vice Chairman
Godfrey Philips India Ltd – Chairman
Lupin Ltd
Pfizer Ltd – Chairman
Procter & Gamble Hygiene and Health Care Ltd – Chairman
ThyssenKrupp Industrial Solutions (India) Pvt Ltd

Foreign companies
Jumbo World Holdings Ltd (Body incorporated outside India)

Membership in committees of other companies
Chairman of Committees
Colgate Palmolive India Ltd – Audit Committee
Colgate Palmolive India Ltd – Nomination and Remuneration Committee
Godfrey Philips India Ltd – Corporate Social Responsibility Committee
Pfizer Ltd – Audit Committee
Procter & Gamble Hygiene and Health Care Ltd – Audit Committee

Member of Committees
BASF India Ltd – Audit Committee
BASF India Ltd – Nomination and Remuneration Committee
Godfrey Philips India Ltd – Audit Committee
Godfrey Philips India Ltd – Nomination and Remuneration Committee
Lupin Ltd – Nomination and Remuneration Committee
Pfizer Ltd – Nomination and Remuneration Committee
Procter & Gamble Hygiene and Health Care Ltd – Nomination and Remuneration Committee

Location: Mumbai

Mr Satguru Baijal

Non-executive and Independent Director

Date of birth: September 06, 1929

Brief résumé: Satguru Baijal is a Director of the Company since June 1984. He is the Chairman of the Audit Committee and a Member of the Investment Committee and Nomination and Remuneration Committee of the Board.

Mr Baijal was the Chairman and CEO of ICI India Ltd from 1983 to 1987.

Mr Baijal holds a PhD degree in Organic Chemistry from Allahabad University.

Directorships in other companies
Public companies
Rossell India Ltd

Private companies
Delhi Guest Houses Pvt Ltd

Membership in committees of other companies
Chairman of Committees
Rossell India Ltd – Audit Committee
Rossell India Ltd – Corporate Social Responsibility Committee

Member of Committees
Rossell India Ltd – Remuneration Committee

Location: Noida

Hasmukh Shah

Non-executive and Independent Director

Date of birth: October 4, 1934

Brief résumé: Hasmukh Shah is a Director of the Company since October 1992. He is the Chairman of the Corporate Social Responsibility Committee, the Nomination and Remuneration Committee and the Stakeholders Relationship Committee of the Board.

Mr Shah is associated with several academic, research, social, cultural and rural development institutes.

Mr Shah was the Chairman of Indian Petrochemicals Corporation Ltd from 1987 to 1992.

Mr Shah holds a postgraduate degree in Arts from Gujarat University.

Location: Vadodara

Susim Datta

Non-executive and Independent Director

Date of birth: July 01, 1936

Brief résumé: Mr Susim Datta is a Director of the Company since October 2002. He is a Member of the Investment Committee of the Board.

Mr Datta was the Chairman of Hindustan Unilever Ltd as well as of all Unilever Group companies in India and Nepal from 1990 to 1996.

Mr Datta holds a postgraduate degree in Science and Technology from the University of Calcutta. He is a Chartered Engineer, Honorary Fellow – All India Management Association, Fellow – Indian Institute of Chemical Engineers, Member – Society of Chemical Industry (London) and Fellow – The Institution of Engineers (India).

Directorships in other companies
Public companies
Bhoruka Power Corporation Ltd
IL & FS Investment Managers Ltd – Chairman
Peerless Financial Products Distribution Ltd
Peerless General Finance & Investment Company Ltd – Chairman
Philips India Ltd – Chairman

Private companies
Chandras Chemical Enterprises Pvt Ltd
SMD Management Consultants Pvt Ltd

Membership in committees of other companies
Chairman of Committees
Bhoruka Power Corporation Ltd – Audit Committee
IL & FS Investment Managers Ltd – Corporate Social Responsibility Committee

Member of Committees
IL & FS Investment Managers Ltd – Audit Committee
IL & FS Investment Managers Ltd – Shareholders’ | Investors’ Grievances Committee
IL & FS Investment Managers Ltd – Compensation Committee
Peerless General Finance & Investment Company Ltd – Audit Committee
Peerless General Finance & Investment Company Ltd – Nomination and Remuneration Committee
Peerless Financial Products Distribution Ltd – Audit Committee

Location: Mumbai

Srinivasa Rangan

Non-executive and Independent Director

Date of birth: February 13, 1960

Brief résumé: Mr Srinivasa Rangan is a Director of the Company since July 2010. He is a Member of the Audit Committee of the Board.

Mr Rangan is an Executive Director of Housing Development Finance Corporation Ltd (HDFC); he has been working with HDFC since 1986.

Mr Rangan holds a graduate degree in Commerce from the University of Delhi and is an Associate Member of Institute of Chartered Accountants of India and Institute of Cost and Works Accountants of India.

Directorships in other companies
Public companies
HDFC Investments Ltd
HDFC Property Ventures Ltd
HDFC Trustee Company Ltd
Housing Development Finance Corporation Ltd
TVS Credit Services Ltd

Private companies
Computer Age Management Services Ltd
HDFC Credila Financial Services Pvt Ltd
HDFC Education & Development Services Pvt Ltd
True North Corporate Pvt Ltd

Membership in committees of other companies
Chairman of Committee
HDFC Credila Financial Services Pvt Ltd – Allotment Committee
HDFC Credila Financial Services Pvt Ltd – Asset Liability Management Committee
HDFC Credila Financial Services Pvt Ltd – Risk Management Committee
HDFC Property Ventures Ltd – Corporate Responsibility Committee

Member of Committees
Computer Age Management Services Ltd – Investment Review Committee
Computer Age Management Services Ltd – New Business and Pricing Committee
Computer Age Management Services Ltd – Nomination and Remuneration Committee
HDFC Credila Financial Services Pvt Ltd – Corporate Responsibility Committee
HDFC Credila Financial Services Pvt Ltd – Nomination and Remuneration Committee
HDFC Education & Development Services Pvt Ltd – Allotment Committee
HDFC Education & Development Services Pvt Ltd – Audit Committee
HDFC Education & Development Services Pvt Ltd – Allotment Committee – Debt Securities
HDFC Investments Ltd – Audit Committee
HDFC Investments Ltd – Nomination and Remuneration Committee
HDFC Investments Ltd – Risk Management Committee
HDFC Property Ventures Ltd – Audit Committee
HDFC Trustee Company Ltd – Audit Committee
HDFC Trustee Company Ltd – Customer Service Committee
HDFC Trustee Company Ltd – Risk Management Committee
Housing Development Finance Corporation Ltd – Stakeholders Relationship Committee
Housing Development Finance Corporation Ltd – Corporate Responsibility Committee
Housing Development Finance Corporation Ltd – Risk Management Committee
TVS Credit Services Ltd – Audit Committee

Location: Mumbai

Mukund Chitale

Non-executive and Independent Director

Date of birth: November 16, 1949

Brief résumé: Mr Mukund Chitale is a Director of the Company since October 2014. He is a Member of the Audit Committee and the Chairman of the Nomination and Remuneration Committee of the Board.

Mr Chitale is a founder of the Chartered Accountancy firm, Mukund M Chitale & Co. He has 46 years of experience on advising companies on their business, financial and strategic matters and is acknowledged as an expert in accounting and auditing matters in India.

Mr Chitale was the President of the Institute of Chartered Accountants of India and the Chairman of the erstwhile National Advisory Committee on Accounting Standards. He has served on various committees set up by the Central Vigilance Commission, the Government of India, the International Federation of Accountants, the Reserve Bank of India and the Securities Exchange Board of India. He is connected with various reputed social and educational organisations.

Mr Chitale holds a graduate degree in Commerce from the University of Mumbai and is a Fellow Member of the Institute of Chartered Accountants of India.

Directorships in other companies
Public companies
ASREC (India) Ltd
Bhageria Industries Ltd
Essel Propack Ltd
Larsen & Toubro Infotech Ltd
Larsen & Toubro Ltd
Lodha Developers Ltd
R R Kabel Ltd

Membership in committees of other companies
Chairman of Committees
ASREC (India) Ltd – Nomination and Remuneration Committee
Essel Propack Ltd – Audit Committee
Larsen & Toubro Infotech Ltd – Audit Committee
Larsen & Toubro Ltd – Audit Committee
Lodha Developers Ltd – Audit Committee

Member of Committees
ASREC (India) Ltd – Audit Committee
ASREC (India) Ltd – Corporate Social Responsibility Committee
Essel Propack Ltd – Nomination and Remuneration Committee
Essel Propack Ltd – Corporate Social Responsibility Committee
Lodha Developers Ltd – Nomination and Remuneration Committee
R R Kabel Ltd – Audit Committee
R R Kabel Ltd – Nomination and Remuneration Committee

Location: Mumbai

Shubhalakshmi Panse

Non-executive and Independent Director

Date of birth: January 28, 1954

Brief résumé: Ms Shubhalakshmi Panse is a Director of the Board since March 2015. She is the Chairperson of the Corporate Social Responsibility Committee of the Board.

Ms Panse has 42 years of experience in the field of banking and has worked in various positions in the Banking industry, the last being as the Chairperson and Managing Director of Allahabad Bank Ltd.

Ms Panse was the Chairperson of Quality Review Board of Indian Institute of Actuaries for a period of two years and a Member of P J Nayak Committee on Corporate Governance set up by the Reserve Bank of India.

Ms Panse holds a postgraduate degree in Science from Pune University, postgraduate degree in Business Administration from Drexel University and is a certified Associate of Indian Institute of Bankers.

Directorships in other companies
Public companies
Cholamandalam MS General Insurance Company Ltd
KPIT Technologies Ltd
PNB Housing Finance Ltd
Sudarshan Chemical Industries Ltd
The Federal Bank Ltd
T I Financial Holdings Ltd

Membership in committees of other companies
Chairman of Committees
Cholamandalam MS General Insurance Company Ltd – Nomination and Remuneration Committee
PNB Housing Finance Ltd – Audit Committee
PNB Housing Finance Ltd – Stakeholders Relationship Committee
T I Financial Holdings Ltd – Audit Committee

Member of Committees
Cholamandalam MS General Insurance Company Ltd – Audit Committee
The Federal Bank Ltd – Audit Committee

Location: Pune

Baldev Arora

Non-executive and Independent Director

Date of birth: June 03, 1944

Brief résumé: Mr Baldev Arora is a Director of the Board since April 2015. He is a Member of the Audit Committee, the Nomination and Remuneration Committee and the Chairman of the Stakeholders Relationship Committee of the Board.

Mr Arora has 49 years of experience with leading multinational companies in India and abroad in Agrochemicals, Biologics, Infant Nutrition and Pharmaceuticals Businesses.

Mr Arora held several senior positions including Chairman, Cyanamid Agro Ltd, Managing Director, Cyanamid India Ltd, Chairman and Managing Director, Wyeth – Lederle Ltd, Regional President – Asia, Pfizer Nutrition, Regional President – Asia and Pacific RIM, Nestle S A, Chairman, PT Wyeth Nutrition Indonesia and Board Member, Wyeth Philippines Inc. He was also a Member of the Board of Directors of Asia Pacific Infant and Young Child Nutrition Association, Singapore, Chairman of the American Business Council, Mumbai and Vice President of Organisation of Pharmaceuticals Producers of India.

Mr Arora holds a graduate degree in Mechanical Engineering from the University of Punjab and has attended several programs at Asian Institute of Management, Michigan Business School, Harvard Business School and London Business School.

Directorships in other companies
Public companies
Wockhardt Ltd

Membership in committees of other companies
Member of Committees
Wockhardt Ltd – Audit Committee
Wockhardt Ltd – Stakeholders Relationship Committee

Location: Mumbai

Pradeep Banerjee

Non-executive and Independent Director

Date of birth: October 19, 1958

Brief résumé: Mr Pradeep Banerjee is a Director of the Company since May 01, 2022.

Mr Banerjee has about four decades of experience in customer service, manufacturing, marketing, logistics, procurement and R&D in Uniliver group at India, Nepal, Singapore and the United Kingdom. He served as an Executive Director on the Board of Hindustan Unilever Ltd (HUL) for almost a decade. He was also Managing Director of a JV of HUL in Singapore and Chairman of a JV in Nepal.

Mr Banerjee is a senior advisor to Boston Consulting Group, and is advising four tech startups in the areas of block chain, logistics, GTM operation platforms and waste management. He is also designated partner in Pradeep Banerjee Associates LLP.

He holds a graduate degree in Chemical Engineering from Indian Institute of Technology, Delhi.

Directorships in other companies
Public companies
Biba Fashion Ltd
Chambal Fertilizers and Chemicals Ltd
Gabriel India Ltd.
Jubilant Ingrevia Ltd
Parksons Packaging Ltd
Whirlpool of India Ltd

Public companies
Stellar Value Chain Solutions Pvt Ltd

Membership in committees of other companies
Chairman of Committees
Gabriel India Ltd – Stakeholders Relationship Committee
Gabriel India Ltd – Nomination and Remuneration Committee
Jubilant Ingrevia Ltd – Nomination and Remuneration Committee
Whirlpool of India Ltd – Nomination and Remuneration Committee

Member of Committees
Biba Fashion Ltd – Corporate Social Responsibility Committee
Biba Fashion Ltd – Nomination and Remuneration Committee
Biba Fashion Ltd – Stakeholders Relationship Committee
Chambal Fertilizers and Chemicals Ltd – Risk Management Committee
Chambal Fertilizers and Chemicals Ltd – Strategy Committee
Jubilant Ingrevia Ltd – Audit Committee
Jubilant Ingrevia Ltd – Risk Management Committee
Jubilant Ingrevia Ltd – Sustainability and Corporate Social Responsibility Committee
Parksons Packaging Ltd – Audit Committee
Parksons Packaging Ltd – Nomination and Remuneration Committee
Whirlpool of India Ltd – Audit Committee,
Whirlpool of India Ltd – Stakeholders Relationship Committee

Location: Mumbai

Rangaswamy Iyer

Non-executive and Independent Director

Date of birth: April 12, 1953

Brief résumé: Mr Rangaswamy Iyer was appointed by the Board as an Independent Director effective May 01, 2023. He is a member of the Audit Committee of the Board.

Mr Iyer has almost four decades of experience in Pharmaceuticals, Biologicals, Animal Health, Consumer Healthcare and strategic merger and acquisition (M&A). He was the Chief Financial Officer and Finance Director of Cyanamid India which later transitioned to Wyeth Ltd and he went on to become the Managing Director of Wyeth Ltd.

Mr Iyer has been in a consulting role in life sciences and has been a leading voice in the industry. He is an advisor | consultant to multinational and Indian pharmaceutical companies, private equity firms and investment bankers in areas of business strategy and business development (organic and inorganic). Currently, he is a senior advisor to LincoIn International, USA, an investment banker. He has to his credit several alliances and M&A deals which he spearheaded.

Mr Iyer holds a postgraduate degree in Commerce and an MBA in Finance from the University of Mumbai.

Directorships in other companies
Public companies
Atul Bioscience Ltd

Private companies
Cybernoid Healthcare Pvt Ltd
Noveltech Feeds Pvt Ltd
11.2 Advisors Pvt Ltd

Membership in committees of other companies
Member of Committees
Atul Bioscience Ltd – Audit Committee
Atul Bioscience Ltd – Nomination and Remuneration Committee

Location: Mumbai

Sharadchandra Abhyankar

Non-executive and Independent Director

Date of birth: October 09, 1965

Brief résumé: Mr Sharadchandra Abhyankar is a Director of the Company since October 2023.

Mr Abhyankar is a Senior Partner of Khaitan & Co, Advocates and Solicitors. He is an Advocate and Solicitor by profession with about 35 years of experience. He specialises in mergers and acquisitions, corporate law, securities law, corporate ethics and governance.

Mr Abhyankar is a member of the Advisory Committee and Drafting Committee of the NSE Centre of Excellence in Corporate Governance and the Advisory Committee for UPES School of Law. He has been a part-time faculty on various legal subjects at the Government Law College, Mumbai, for more than 30 years and is a visiting faculty at the Department of Law, Mumbai University for LLM (Business law). He conducts specialised sessions on business ethics and corporate governance across various industry sectors and professional bodies.

Mr Abhyankar holds a graduate degree in Arts (Economics and Commerce) and a postgraduate degree in Law from the University of Mumbai and is a Fellow of Government Law College, Mumbai. He is also a member of The Bombay Incorporated Law Society.

Directorships in other companies
Public companies
ABM Knowledgeware Ltd
Ashoka Buildcon Ltd
Ashoka Mudhol Nipani Roads Ltd
Dreamfolks Services Ltd
Whiteoak Capital Trustee Ltd

Private companies
Centaur Pharmaceuticals Pvt Ltd
Instasafe Technologies Pvt Ltd

Membership in committees of other companies
Chairman of committees
ABM Knowledgeware Ltd – Audit Committee
ABM Knowledgeware Ltd – Stakeholders Relationship Committee
Ashoka Buildcon Ltd – Stakeholders Relationship Committee
Dreamfolks Services Ltd – Audit Committee

Member of committees
ABM Knowledgeware Ltd – Corporate Social Responsibility Committee
ABM Knowledgeware Ltd – Nomination and Remuneration Committee
Ashoka Buildcon Ltd – Audit Committee
Ashoka Buildcon Ltd – Nomination and Remuneration Committee
Dreamfolks Services Ltd – Risk Management Committee
Whiteoak Capital Trustee Ltd – Audit Committee
Whiteoak Capital Trustee Ltd – Independent Directors Committee

Location: Mumbai

Sujal Shah

Non-executive and Independent Director

Date of birth: September 23, 1968

Brief résumé: Mr Sujal Shah is a Director of the Company since October 2023.

Mr Shah is a founder Partner of SSPA & Co, Chartered Accountants. He has about three decades of experience in finance, due diligence, mergers and acquisitions, restructuring, succession planning and valuation.

Mr Shah was a member of the group that drafted valuation standards for the Institute of Chartered Accountants of India. He has authored several papers on valuations and restructuring for the Western India Regional Council of the Institute of Chartered Accountants of India and the Bombay Chartered Accountants Society. He was a partner of N M Raiji & Co, Chartered Accountants until October 2006.

Mr Shah holds a graduate degree in Commerce from the University of Mumbai and is a Fellow Member of the Institute of Chartered Accountants of India.

Directorships in other companies
Public companies
Amal Ltd
Amrit Corp Ltd
Deepak Fertilizers and Petrochemicals Corporation Ltd
Hindoostan Mills Ltd
Mafatlal Industries Ltd
Navin Fluorine International Ltd
Navin Fluorine Advanced Sciences Ltd
Rudolf Atul Chemicals Ltd

Private companies
Capricon Realty Pvt Ltd
SSPA Consultants Pvt Ltd

Membership in committees of other companies
Chairman of committees
Amal Ltd – Nomination and Remuneration Committee
Amrit Corp Ltd – Committee of Directors – Amalgamation Scheme
Deepak Fertilizers and Petrochemicals Corporation Ltd – Rights Issue Committee
Hindoostan Mills Ltd – Audit Committee

Member of committees
Amal Ltd – Audit Committee
Amrit Corp Ltd – Audit Committee
Amrit Corp Ltd – Corporate Social Responsibility Committee
Capricon Realty Pvt Ltd – Corporate Social Responsibility Committee
Deepak Fertilizers and Petrochemicals Corporation Ltd – Audit Committee
Deepak Fertilizers and Petrochemicals Corporation Ltd – Finance Committee
Deepak Fertilizers and Petrochemicals Corporation Ltd – Nomination and Remuneration Committee
Deepak Fertilizers and Petrochemicals Corporation Ltd – Securities Issue Committee
Hindoostan Mills Ltd – Nomination and Remuneration Committee
Hindoostan Mills Ltd – Corporate Social Responsibility Committee
Mafatlal Industries Ltd – Audit Committee
Mafatlal Industries Ltd – Corporate Social Responsibility Committee
Navin Fluorine International Ltd – Fundraising Committee
Navin Fluorine Advanced Sciences Ltd– Corporate Social Responsibility Committee
Rudolf Atul Chemicals Ltd – Audit Committee
Rudolf Atul Chemicals Ltd – Nomination and Remuneration Committee

Location: Mumbai