Board of Directors

Sunil Lalbhai

Chairman

Date of birth: March 15, 1960

Brief résumé: Sunil Lalbhai is the Chairman of the Board of the Company since August 2010 and member of Nomination and Remuneration Committee. Mr Lalbhai is presently Chairman and Managing Director of Atul Ltd as well.

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 the Chairman of the Finance Committee and HR Committee of BAIF. He is the Chairman of DHRUVA and GRISERV, two trusts promoted by BAIF. He is a Trustee or a Member of some of the other social institutions established by the Lalbhai Group.

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

Directorships in other companies
Public companies
Atul 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 – Nomination and Remuneration Committee
The Bombay Dyeing and Manufacturing Company Ltd – Stakeholders Relationship Committee

Member of Committees
Amal Ltd – Nomination and Remuneration Committee
Navin Fluorine International Ltd – Audit Committee
Pfizer Ltd – Stakeholder Relationship Committee
The Bombay Dyeing and Manufacturing Company Ltd – Nomination and Remuneration Committee

Location: Mumbai and Atul

Mr Gopi Kannan Thirukonda

Non-executive Director

Date of birth: March 30, 1959

Brief résumé: Mr Gopi Kannan Thirukonda is a Non-executive Director since 2010. He is a member of the Board, Stakeholders Relationship Committee and Corporate Social Responsibility Committee of the Board.

Mr Thirukonda has 38 years of experience in various capacities and is currently the Whole-time Director and Chief Financial Officer, Atul Ltd.

Mr Thirukonda holds a degree in Science from the 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 Ltd
Atul Bioscience Ltd
Atul Polymers Products – 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 – Stakeholder Relationship Committee
Atul Ltd – Stakeholder Relationship Committee
Atul Bioscience Ltd – Audit Committee
Rudolf Atul Chemicals Ltd – Audit Committee
Rudolf Atul Chemicals Ltd – Corporate Social Responsibility Committee
Atul Bioscience Ltd – Corporate Social Responsibility Committee
Amal Ltd – Corporate Social Responsibility Committee
Atul Ltd – Risk Management Committee

Location: Mumbai

Mr Rajeev Kumar

Managing Director

Date of birth: July 01, 1972

Brief résumé: Mr Rajeev Kumar is Managing Director of the Company since March 2017. He is a member of the Board and Corporate Social Responsibility Committee of the Board.

Mr Kumar is currently the President – Bulk Chemicals and Intermediates Business, Atul Ltd.

Mr Kumar holds a graduate degree in Pulp and Paper Technology from Indian Institute of Technology, Roorkee and also holds a postgraduate degree in Marketing Management from IGNOU.

Directorships in other companies
Amal Speciality Chemicals Ltd
Atul Products Ltd

Membership in committees of other companies
Nil

Location: Atul

Ms Mahalakshmi Subramanian

Non-executive Director

Date of birth: July 01, 1965

Brief résumé: Mahalakshmi Subramanian is the Chairperson of Audit Committee and member of Board and Nomination and remuneration Committee of the Board since August 2014.

Ms Mahalakshmi has more than 2 decades of experience in project finance, credit risk management, financial and advisory and compliance and was earlier a Nominee Director on the Board of Sudarshan Chemical Industries Ltd.

Ms Mahalakshmi is a FCA and FRM.

Directorships in other companies
Nil

Membership in committees of other companies
Nil

Location: Mumbai

Mr Abhay Jadeja

Non-executive Director

Date of birth: December 26, 1982

Brief résumé: Mr Abhay Jadeja is a member of the Board and Chairman of Stakeholder Relationship Committee and Corporate Social Responsibility Committee of the Board since 2010.

Mr Jadeja is a Managing Partner in Jadeja & Satiya. His area of expertise involves litigation and advisory for a wide spectrum of legal laws. He has been practising law since 2005. Before founding Jadeja & Satiya, he was associated with Crawford Bayley & Co.

Mr Jadeja holds a graduate degree in Law (LLB) from the University of Mumbai.

Directorships in other companies
Nil

Membership in committees of other companies
Nil

Location: Mumbai

Mr Sujal Shah

Non-executive Director

Date of birth: September 23, 1968

Brief résumé: Mr Sujal Shah is a member of the Board and Audit Committee. He is the Chairman of Nomination and Remuneration Committee and Independent Directors Committee of the Board since 2010.

Mr Shah is a practicing Chartered Accountant having an overall post qualification experience of about 31 years. He is founder partner of SSPA & Co., Chartered Accountants, Mumbai and is involved in Corporate Consultancy practice of the firm. His main areas of practice are valuation for mergers and acquisitions, advising on restructuring of business, succession planning and general corporate advisory.

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

Private companies
SSPA Consultants Pvt Ltd
Capricon Realty Private Limited

Membership in committees of other companies
Member of Committees
Deepak Fertilisers and Petrochemicals Corporation Ltd – Member, Audit Committee
Deepak Fertilisers and Petrochemicals Corporation Ltd – Member, Nomination and Remuneration Committee
Deepak Fertilisers and Petrochemicals Corporation Ltd – Member, Securities Issue Committee
Deepak Fertilisers and Petrochemicals Corporation Ltd – Member, Finance Committee
Deepak Fertilisers and Petrochemicals Corporation Ltd – Chairman, Rights Issue Committee
Hindoostan Mills Ltd – Chairman, Audit Committee
Hindoostan Mills Ltd – Member, Nomination and Remuneration Committee
Hindoostan Mills Ltd – Member, Corporate Social Responsibility Committee
Mafatlal Industries Ltd – Member, Audit Committee
Mafatlal Industries Ltd – Member, Corporate Social Responsibility Committee
Navin Flourine Advanced Sciences Ltd – Member, Corporate Social Responsibility Committee
Rudolf Atul Chemicals Ltd – Member, Audit Committee
Rudolf Atul Chemicals Ltd – Member, Nomination and Remuneration Committee
Bhishma Realty Limited – Chairman, Audit Committee
Bhishma Realty Limited – Chairman, Nomination and Remuneration Committee
Capricon Realty Private Limited – Member, Corporate Social Responsibility Committee
Amrit Corp Ltd – Member, Audit Committee
Amrit Corp Ltd – Member, Corporate Social Responsibility Committee

Location: Mumbai

Jyotin Mehta

Non-executive Director

Date of birth: February 16, 1958

Brief résumé: Mr Jyotin Mehta is a member of the Board since April 22, 2022.

Mr Mehta has 40 years of experience in Finance, Secretarial and Cost Management and was Vice President and Chief Internal Auditor of Voltas Ltd.

Mr Mehta holds a degree in Commerce. 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
ICICI Prudential Pension Funds Management Company Ltd
ICICI Prudential Trust Ltd
JSW Ispat Special Products Ltd
Linde India Ltd
Mahindra Rural Housing Finance Ltd
Mahindra Insurance Brokers Ltd
Suryoday Small Finance Bank Ltd

Private companies
Ind Aust Maritime Pvt Ltd

Foreign companies
Nil

Membership in committees of other companies
Chairman of committees
ICICI Prudential Pension Funds Management company Ltd – Risk Management Committee
Linde India Ltd – Audit Committee
Mahindra Insurance Brokers Ltd – Audit Committee
Mahindra Rural Housing Finance Limited – Audit Committee
Mahindra Rural Housing Finance Limited – IT Strategy Committee
Mahindra Rural Housing Finance Limited – Risk Management Committee
Mahindra Rural Housing Finance Limited – Stakeholders’ Relationship Committee
Suryoday Small Finance Bank Ltd – Audit Committee

Member of committees
ICICI Prudential Pension Funds Management company Ltd – Audit Committee
ICICI Prudential Trust Ltd – Audit Committee
ICICI Prudential Trust Ltd – Risk Management Committee
ICICI Prudential Pension Funds Management company Ltd – Nomination and Remuneration Committee
JSW Ispat Special Products Ltd – Audit Committee
JSW Ispat Special Products Ltd – Corporate Social Responsibility Committee
JSW Ispat Special Products Ltd – Nomination and Remuneration Committee
Linde India Ltd – Nomination and Remuneration Committee
Linde India Ltd – Risk Management Committee
Linde India Ltd – Stakeholders’ Relationship Committee
Mahindra Insurance Brokers Ltd – Nomination and Remuneration Committee
Suryoday Small Finance Bank Ltd – Committee for review of willful defaulters and Monitoring high value frauds
Suryoday Small Finance Bank Ltd – Customer Service Committee
Suryoday Small Finance Bank Ltd – IT Strategy Committee
Suryoday Small Finance Bank Ltd – Risk Management Committee

Location: Mumbai

Venkatraman Srinivasan

Non-executive Director

Date of birth: March 09, 1959

Brief résumé: Mr Venkatraman Srinivasan is a partner of V Sankar Aiyar & Co., Chartered Accountants. He has about four decades of experience in statutory audit, mergers and amalgamations, valuation of shares and financial restructuring, and devising and structuring tax-planning schemes.

Mr Srinivasan was a member of the Depositor Education & Awareness Fund established by the Reserve Bank of India for the years 2015 to 2019. He was also a special invitee on the Accounting Standards Board for 2020-21, a special invitee on the Ind AS Transition Facilitation Group Committee for 2019-20 and a co-opted Member of the Expert Advisory Committee of the Institute of Chartered Accountants of India (ICAI) for 2021-22. He has also participated in the case study-based governance program on Audit Committees in this New Era of Governance at the Harvard Business School.

Mr Srinivasan holds a graduate degree in Commerce from Mumbai University and is a fellow member of the ICAI.

Directorships in other companies
Public companies
Eimco Elecon (India) Ltd
Fairchem Organics Ltd
HDB Financial Services Ltd
Mahanagar Gas Ltd
National Payments Corporation of India

Private companies
UTI Trustee Company Pvt Ltd

Membership in committees of other companies
Chairman of committees
Eimco Elecon (India) Ltd – Chairman of Audit Committee
HDB Financial Services Ltd – Chairman of Audit Committee
HDB Financial Services Ltd – Chairman of Nomination and Remuneration Committee
Mahanagar Gas Ltd – Chairman of Audit Committee
National Payments Corporation of India – Chairman of Audit Committee

Member of committees
Member of committees
Fairchem Organics Ltd – Member of Audit Committee
Fairchem Organics Ltd – Member of Risk Committee
Fairchem Organics Ltd – Member of Stakeholder Relationship Committee
HDB Financial Services Ltd – Member of Risk Committee
Mahanagar Gas Ltd – Member of Risk Management Committee
Mahanagar Gas Ltd – Member of Stakeholders’ Relationship Committee
UTI Trustee Company Pvt Ltd – Member of Audit committee

Cessation from directorship of listed company in past three years
Tata Coffee Ltd

Relationship with other Directors
None

Number of shares held in the Company
Nil

Dipali Sheth

Non-executive Director

Date of birth: February 28, 1979

Brief résumé: Ms Dipali Sheth is a founder of Eternity Legal. She has about two decades of experience in commercial, corporate and other specialised laws including joint ventures and acquisitions.

Previously, Ms Sheth was a partner with MDP & Partners and a senior associate at J Sagar Associates.

Ms Sheth holds a postgraduate degree in Law from Mumbai University and is a Solicitor from Bombay and England and Wales.

Directorships in other companies
Public companies
Nil

Private companies
Yarmouth Realty Pvt Ltd

Membership in committees of other companies
Chairman of committees
Nil

Member of committees
Nil

Cessation from directorship of listed company in past three years
None

Relationship with other Directors
None

Number of shares held in the Company
Nil

Drushti Desai

Non-executive Director

Date of birth: March 06, 1973

Brief résumé: Ms Drushti Desai is a Partner of Bansi S Mehta & Co., Chartered Accountants, Mumbai. She has about two decades of experience in valuation, and corporate restructuring including mergers and acquisitions. Apart from conducting statutory audits, she also specialises in Company law, Income Tax, Foreign Exchange Management and SEBI regulations.

Ms Desai was the Vice Chairman of the Western India Region of the Institute of the Chartered Accountants of India (ICAI) for the year 2021-22. She is a co-opted member of the valuation standards board of the ICAI.

Ms Desai holds a graduate degree in Commerce from Mumbai University and is a fellow member of the ICAI.

Directorships in other companies
Public companies
Aegon Life Insurance Company Ltd
Chemfab Alkalis Ltd
Kewal Kiran Clothing Ltd
Rashi Peripherals Ltd

Private companies
Kruti Finance and Holdings Pvt Ltd

Membership in committees of other companies
Chairman of committees
Chemfab Alkalis Ltd – Audit Committee
Chemfab Alkalis Ltd – Nomination and Remuneration Committee
Chemfab Alkalis Ltd – Stakeholders’ Relationship Committee

Member of committees
Kewal Kiran Clothing Ltd – Audit Committee
Kewal Kiran Clothing Ltd – Nomination and Remuneration Committee

Cessation from directorship of listed company in past three years
Narmada Gelatines Ltd

Relationship with other Directors
None

Number of shares held in the Company
Nil