Board of Directors & Committee

BOARD OF DIRECTORS

Mr. Parag Jhaveri - Managing Director & CEO
Mr. Parag Jhaveri has a Master of Science degree in Chemistry from Mumbai University. He has over three decades of experience in the chemical industry. He played a key role in ensuring the robust growth of the organisation with oversight over the functions of sales, finance, R&D and marketing along with our founder promoter. Under his visionary leadership, the Company has built a model for a sustainable future.

Mr. Vinod Jhaveri - Chairman & Executive Director
Mr. Vinod Jhaveri is one of the founding promoters of the Company. He is a Commerce graduate from Gujarat University. He remains the main guiding force behind the growth and business strategy of our Company. He currently plays a crucial role in the accounts and finance function. He played a key role in ensuring the consistent growth of the Company and has helped build a robust framework for excellence in implementation.

Mr. Yayesh Jhaveri - Whole Time Director
Mr. Yayesh Jhaveri is a Commerce graduate from Mumbai University. With experience of more than 25 years in the chemical industry, he has played an eminent role in the growth of the Company by handling the purchase, logistics, supply chain and production planning. He also played an integral part in setting up Unit-II and Unit-III. His consistent perseverance and hard work has immensely contributed to the evolution of the Company over the years.

Dr. Prakash Bhate - Non-Executive Independent Director
Dr. Prakash Bhate has done his Ph.D. in Organic Chemistry from the Ohio State University, Columbus. He has over 37 years of experience in the chemical industry. As a professor at the Institute of Chemical Technology in Mumbai, he has taught organic chemistry and technology to students and guided several doctoral and master’s students. He has been elected as the Fellow of Society of Dyers and Colourists (UK) in 2011-12, and is a member of the American Chemical Society. After retiring in 2018, he continues to be a visiting professor at the Institute of Chemical Technology, Mumbai.

Mr. Ullal Bhat - Non-Executive Independent Director
Mr. Ullal Bhat (or U.R.Bhat) is one of India's well-known investment managers having managed foreign institutional investments in Indian equities for more than two decades. He was the Chief Investment Officer of Jardine Fleming in India for 7 years, which subsequently became a part of JP Morgan, advising the India dedicated funds of the Flemings group. He joined the Dalton group, UK in 2005 to lead their entry into India as the Managing Director of Dalton Capital Advisors (India) Pvt. Ltd., advising foreign institutional investors investing in India. He has co-founded Alphaniti Fintech Pvt. Ltd., a new-age Investment Advisory Co. offering data-driven, rule-based and tech-enabled investment products. He is an M.Sc. from Indian Institute of Technology, Kanpur and has attended advanced courses on Finance at the Harvard Business School, Boston and Indian Institute of Management, Ahmedabad. He is a Fellow of the Chartered Institute of Bankers, London.

He is a respected commentator in the electronic and print media and has authored a well-regarded editorial column for more than a decade in the Economic Times, one of the world's largest financial dailies. He was closely involved in formulating policies for benchmark indices for the Stock Exchange, Mumbai as a member of its Index Committee. He has been active in the area of Corporate Governance both in his writing and speaking engagements, as also as a past member of the Corporate Governance Committee of the Indian Merchants Chamber. He has served on the Boards of several companies in India as an independent Director. He is currently on the Boards of Repro India Ltd. and Specialty Restaurants Ltd. as an Independent Director of the Company.

Mr. Anurag Surana – Non Executive Independent Director
Mr. Anurag Surana has 27 years of work experience in Speciality Polymer, Engineering Plastic Agrochemicals, Specialty & Fine Chemicals Business out of which for 14 years he is on Board level of various Companies. Mr. Surana was associated with PI Industries which is a leading Indian Agrochemical, Specialty Chemical and the largest Contract Manufacturing Company in India for 20 years till September 2012. and has brought immense value to the Board by providing inputs on manufacturing operations and management controls. Presently, he is the Managing Director of KAGASHIN Global Network Private Limited. He has completed his education from University of Delhi. He is a Director on the Board of IFFCO MC Crop Science Pvt Ltd, Nichino India Pvt Ltd, Nichino Chemical India Pvt Ltd, Kagashin Global Network Pvt Ltd, Neogen Chemicals Limited, and Privi Specialty Chemicals Ltd.

Mrs. Sudha Navandar – Non-Executive Independent Director
Mrs. Sudha Navandar is a Qualified Chartered Accountant and Certified Public Accountancy from USA. She completed post qualification course on Information System Audit (DISA) and is also an Insolvency Professional. She is currently a partner in M/s. Pravin R. Navandar & Co. Chartered Accountants, with main focuses on IBC matters, corporate advisory services and income leakage. She is associated as independent director for Route Mobile Limited, Tribhovandas Bhimji Zaveri Limited, Anand Rathi Wealth Limited and Kolte-Patil Developers Limited.

COMPOSITION OF VARIOUS COMMITTEES OF BOARD OF DIRECTORS

Audit Committee

Sr. No	Name of Member	Designation in Committee	Nature of Directorship
1	Mr. Ullal Ravindra Bhat	Chairperson	Non-Executive Independent Director
2	Dr. Prakash Manohar Bhate	Member	Non-Executive Independent Director
3	Mr. Yayesh Vinod Jhaveri	Member	Whole Time Director
4	Mrs. Sudha Pravin Navandar	Member	Non-Executive Independent Director
5	Mr. Anurag Surana	Member	Non-Executive Independent Director

Stakeholders Relationship Committee

Sr. No	Name of Member	Designation in Committee	Nature of Directorship
1	Mr. Ullal Ravindra Bhat	Chairman	Non-Executive Independent Director
2	Dr. Prakash Manohar Bhate	Member	Non-Executive Independent Director
3	Mr. Parag Vinod Jhaveri	Member	Managing Director
4	Mr. Anurag Surana	Member	Non-Executive Independent Director

Nomination and Remuneration Committee

Sr. No	Name of Member	Designation in Committee	Nature of Directorship
1	Mr. Anurag Surana	Chairperson	Non-Executive Independent Director
2	Dr. Prakash Manohar Bhate	Member	Non-Executive Independent Director
3	Mrs. Sudha Pravin Navandar	Member	Non-Executive Independent Director

Corporate Social Responsibility Committee

Sr. No	Name of Member	Designation in Committee	Nature of Directorship
1	Mr. Parag Vinod Jhaveri	Chairman	Managing Director
2	Mr. Vinod Harilal Jhaveri	Member	Executive Director
3	Mr. Yayesh Vinod Jhaveri	Member	Whole Time Director
4	Dr. Prakash Manohar Bhate	Member	Non-Executive Independent Director
5	Mr. Anurag Surana	Member	Non-Executive Independent Director

Risk Management Committee

Sr. No	Name of Member	Designation in Committee	Nature of Directorship
1	Mr. Ullal Ravindra Bhat	Chairman	Non-Executive Independent Director
2	Mr. Parag Vinod Jhaveri	Member	Managing Director
3	Mr. Yayesh Vinod Jhaveri	Member	Whole Time Director
4	Mr. Anurag Surana	Member	Non-Executive Independent Director