Non-Executive Director
Mr. Nikhil Manohar Naik (DIN: 00202779) has done M. Sc in Shipping, Trade and Finance (Distinction) from Bayes Business School, London (formerly known as Cass Business School). During his work experience of 44 years, he has served in Leadership roles in Port Management, Shipping and Private Equity and Logistic businesses. His competency areas include Leadership-Strategic Management of people, businesses and Markets, analysis of financials, nurturing, advising management of businesses, building lasting customer relationships and networking with External Agencies and Government. Mr. Nikhil Naik is presently acting as nominee Director on the Boards of Matix Fertilizers and Chemicals Private Limited, Salaya Bulk Terminals Limited, Essar Bulk Terminals (Salaya) Limited and Essar Ports Limited. He is also acting as an Independent Director on the Board of Aakash Educational Services Limited.
Executive Director
Mr. Ratnakar Barve, has a Bachelor’s degree in Electronics & Telecommunication Engineering. He is also MBA in Operation’s Management and is a certified Six Sigma Black Belt. Mr Ratnakar Barve has vast experience of 34 years in the manufacturing industry and projects. He started his career in 1987, in Goa Telecommunications & Systems Limited, manufacturing transmission equipment in collaboration with Indian Telephone Industries Bangalore. He then worked in Bharati Teletech Limited (manufacturing arm of Bharati Airtel Ltd,) since 1995, and was a part of First Transmission project of Airtel Ltd, in Installation & commissioning of STM1 network in Delhi. In 2002, he was promoted as a Plant Head before joining Finolex in 2009. He has extensive experience in Production, Projects & R & D departments. He has completed more than 14 years in Finolex Cables Limited, and is presently serving as Plant Head in the grade of Assistant Vice President (Operations), in charge of all the Company’s Units at Verna, Goa.
Non-Executive Independent Director
Mr. Sriraman Raghuraman (DIN: 00228061) holds a Bachelor’s Degree in Science and Law, is a fellow member of the Institute of Company Secretaries of India, Fellow Member of the Institute of Cost & Works Accountants of India, Post Graduate Diploma in Management from All India Institute of Management. He has extensive professional experience of around 37 years and significant executive leadership accomplishments in corporate sector. Currently he is a Director in various companies and is also acting as a Consultant for group company matters at Deepak Fertilizers and Petrochemicals Corporation Limited
Non-Executive Independent Director
Mr Zubin F Billimoria (DIN: 07144644) holds a Bachelor’s degree in Commerce, is a Fellow Member of the Institute of Chartered Accountants of India and Associate Member of the Institute of Company Secretaries of India. He was a partner with M/s Deloitte Haskins & Sells, Chartered Accountants. He is now the Proprietor of ZFB & Associates, Chartered Accountants, Mumbai. He is an office bearer of the Bombay Chartered Accountants Soceity. Mr. Billimoria has wide experience and exposure in Accounts, CSR and ESG Reporting and Finance and holds requisite registration certificate with Independent Directors Databank of Indian Institute of Corporate Affairs, Manesar.
Non-Executive Independent Director
Ms. Vanessa Singh, holds a Bachelor’s Degree in Law and Diploma in Human Rights and Law. She is a trained and accredited Mediator. She has an extensive work experience of over a decade in various civil and criminal litigation and arbitration matters in Delhi and Mumbai. Presently, she is associated to the law chambers of Adv. Mrunalini Deshmukh, and is practicing before various Courts / fora in Mumbai.
Additional Director (Non-Executive Independent Director)
Ms. Shefali Shyam is a graduate from NLSIU, Bengaluru. She was general counsel of Arvind Fashions Limited for more than 17 years. She has also worked on the acquisition of and compliance for large brands such as Tommy Hilfiger, Calvin Klein and Sephora as well as smaller D2C brands which are ecommerce focused such as The Label Life. Shefali has also worked with SaaS companies in the retail sector. She has over 25 years of experience in cross-border transactions, acquisitions and operational requirements in the retail sector mainly relating to premium fashion brands. Currently she works with GC Legal and provide services to corporates such as Cocoblu Retail Limited (a retailer on ecommerce marketplaces), Ace Turtle Omni Private Limited ( deals with Lee, Wrangler,Dockers and Toys R Us brands) , PVH Arvind Fashion Private Limited ( a JV company that deals with Calvin Klein and Tommy Hilfiger brands ), Kontoor Brands India Private Limited ( a sourcing entity for a large US jeanswear company). Shefali also serves as a member and chair of anti-harassment committees of several organizations, and as a member of advisory boards to various businesses.
Additional Director (Non-Executive Independent Director)
Mr. Satyanarayan Goverdhanlal Bagla is the Founder partner of M/s. Bagla Associates, Chartered accountants having Offices in Mumbai and Surat. He holds rich and varied experience of 33 years as practicing chartered accountant and more than 29 years’ experience in bank, statutory, concurrent, revenue, stock audits as a partner in charge and has also handled taxation matters and statutory, internal, tax audits of various private and public sector undertakings. He has successfully represented large corporates such as Teamlease Services Ltd and its subsidiary and associate companies, Sports Technologies P Ltd (Dream11) in Income Tax Department and consulting them regularly on tax matters. He had an outstanding academic career, throughout school Topper, secured positions in all Rajasthan merit list in Board Examinations and stood first in the M.L. Sukhadia University, Udaipur in 1988 in B. Com (Hons.) and awarded gold medal for the same, also won several reputed prizes and awards for academic and extra-curricular activities. He has passed CA exams with ranks on all India basis, 27th rank in CA Inter (Nov. 1989) and 30th in CA Final (May 1991). He has completed his Articleship Training of three years from July 1988 to June 1991 under M/s. Darak & Porwal, Chartered Accountants, Mumbai and gained good experience in internal and statutory audits of various limited and private limited companies, public sector undertakings, insurance, bank branch audits, tax planning and tax advisory matters etc. He is a Life member of CA’s Association and ordinary member of Bombay chartered Accountants Society. Also Actively associated with Lions Club of Mumbai Western, Member of CPE study circle and Borivali Kandivali (East) CPE Study Circle of WIRC, Mumbai, Member of on the Committee of Banking Finance and Capital Markets (BFCM) of Western Indian Regional Council of I C A I for the year 2008-09, Member of on the Committee of Corporate Social Responsibility (CSR) of Western Indian Regional Council of ICAI for the year 2017-18, Member of on the Public Relations Committee of Western Indian Regional Council of ICAI for the year 2020-21. He has completed Certificate Course of Concurrent Audit of Banks and Forensic Accounting and Fraud detection (FAFD) by ICAI and is pursuing DISA course and completed practical training.
Additional Director (Executive Director)
Mr. Pravin Ahire- Sr. Vice President Works, aged 49, has been working in the Company since last 15 years and has rich experience in more than 25 years in production planning and control, Process engineering, Cable designing, product development, maintenance and projects in optical fibre cables, data cables (LAN Cables), jelly filled copper telecommunication cables, low and medium voltage power cables, and Domestic Cables (house wire). Mr. Ahire has successfully led teams of over 800 employees and managed five communications units, demonstrating a proven track record of high performance in demanding environments. His expertise lies in effective planning and rapid analysis, allowing him to navigate multidisciplinary processes and develop practical solutions. He is well-versed in lean manufacturing practices, including 5S and OEE. Before Finolex he worked with Sterlite, Silvassa (UT of D&NH) as Unit Operations Head 2000- 2007 and Gujarat Telephone Cables Pvt. Ltd., as senior Process Engineer. Highly adaptable and eager to learn, Mr. Ahire is committed to excellence and proficient in creating and implementing functional strategies that align with organizational goals. He consistently maintains high productivity within budgetary and time constraints. His leadership style encompasses effective decision-making and motivation, complemented by experience in education and facilitating productive change. As an innovative and resourceful leader, he excels in guiding diverse teams toward achieving time-sensitive objectives. He is skilled at navigating cross-cultural environments and effectively managing conflicts to enhance client satisfaction. Additionally, he possesses a keen ability to identify and convert opportunities into actionable plans while multitasking, all while being a creative thinker who adapts to dynamic environments and develops effective budgetary strategies. He successfully led the relocation, installation, and commissioning of a data cables plant from Feltham, UK, to India within a tight timeframe of 30 days, facilitating immediate commencement of commercial production. Developed critical optical fiber and data cable products, achieving approvals from key clients, including Reliance Infocom, Tyco, Molex, TVS Net, Dax Networks, and ADC Krone. Accomplished an 8-10% cost reduction on existing products through effective design and process control, along with a 3-5% reduction by optimizing vendor development for raw materials. Employed advanced planning techniques to enhance production efficiency, lowering scrap rates from 7% to just 2% through strategic machine loading and manpower selection. Designed innovative, cost-effective cable solutions that surpassed existing market offerings. Recognized with multiple star performance awards for exceptional contributions to the organization. Played a pivotal role in securing UL approvals for Cat5e and Cat6 UTP cables during my tenure at Sterlite. Implemented 5S, OEE, and PDOFS methodologies at General Cable’s Sonepat plant, significantly boosting operational efficiency. Additionally, modified older machinery to develop an efficient heating system for curing medium voltage cores, leading to substantial fuel savings.Successfully implemented 5S, OEE, and PDOFS at General Cable’s Sonepat plant, enhancing operational efficiency. Modified older machines at General Cable, developing an efficient heating system for curing medium voltage cores, resulting in significant fuel savings.
Additional Director (Non-Executive Independent Director)
Ms. Lipi is a Chartered Accountant and Company Secretary with over 13 years of experience. She has diploma in IFRS from ACCA (UK affiliated) and also holds degree of Bachelor of Commerce (Honours) from Calcutta University. Currently she is working with Elkem (Norwegian group) and serving as a Company Secretary and Manger Finance to the Indian entity known as Elkem South Asia Private Limited. She is responsible for Finance, debtor management, secretarial, legal and CSR activities. She is also a member of POSH committee. She started her career with IFB group, wherein she was part of internal audit, management audit, financial and secretarial team. Her key roles during her tenure in IFB were core member in the implementation of IND AS in 2016. She is proficient in drafting the annual accounts of listed entities in compliance with IND AS. She also has experience in doing the quarterly closing of listed entities and liaisoning with Statutory auditors (including Big 4 firms). Hands on in drafting accounting policies. She also handled annual closure for several other entities. She has worked closely with Bankers to get the credit approvals. She successfully implemented several process improvements. Establishing and maintaining robust internal controls to safeguard the company's assets and ensure adherence to accounting principles and regulatory standards. She has closely worked with the management team in establishing strategies. She also led the Compliance team during the implementation of Companies Act 2013 and simultaneous amendments in SEBI (LODR), as the group was having few listed entities. She has worked on preferential issues both for listed and private entities independently. She has also served as a Company secretary for few entities. She is well versed with the Board room strategies. Taken care of secretarial compliances for listed and other entities. She was the chairperson of the POSH Committee.
Additional Director (Non-Executive Independent Director)
Mr. Anoop Krishna, aged 66 years, is an accomplished banking professional with over 42 years of experience in the financial sector. Mr. Anoop has a strong academic background, holding a graduate degree with Honours in Humanities and various executive management qualifications such as Certified Associate of Indian Institute of Bankers (CAIIB) which have equipped him with the skills necessary to excel in complex financial environments. He began his career as a Probationary Officer in 1982 with the State Bank of India (SBI) and quickly rose through the ranks, serving as Branch Manager, Regional Manager, and eventually Chief General Manager of the Mid Corporate Group for Northern and Easten India. His achievements include ensuring the best of the services to thousands of Customers both on Assets as well as Liability side, from a public sector platform. He has handled all products of Retail Banking extensively and ensured computerisation of manually operated Branches. He demonstrated exceptional leadership by motivating teams to adapt to technological changes and effectively managing large corporate portfolios, achieving consistent growth while maintaining control over non-performing assets. His strategic insights and risk management skills were instrumental during challenging periods in the steel and power sectors, where he successfully restructured stressed assets. Mr. Anoop continued to make significant contributions to the financial industry as an Executive Director at Paisalo Digital Ltd and a Senior Advisor at Grant Thornton, among other roles. He has been actively involved in providing advisory services on corporate resolutions, debt syndication, and innovative financial solutions. Mr. Anoop’s extensive experience and commitment to fostering a collaborative work environment reflect his strengths as a team builder and a dedicated leader in the finance sector. He practiced successfully the traits of motivational leadership and also motivated the computer illiterate employees to become tech savvy. He acted as key motivator in this transformational journey. He accomplished the art of adaptability, flexibility, analysing and understanding complex Human Machine situations, marketing, Human Resource’s management and how to channelise trade unions in a positive and constructive engagement. Post superannuation, he joined a mid-sized NBFC Paisalo Digital Ltd and currently holding position of an Executive director. He achieved partnership of six PSU Banks including SBI for Co lending model with Paisalo Digital Ltd. He then worked with Grant Thornton (GT) in Feb 2018 as a Senior Advisor at Mumbai till September 2023 for Corporate clients on Corporate Resolutions, Debt Syndication, Structuring, Acquisition, managing complex financial deals, Resolution for SMAs etc. Generated and successfully converted around 15 Corporates as business for GT. He is also associated with Luthra & Luthra, a niche legal firm in August 2022 as senior advisor for cases under IBC. Buy side advisory and hand holding corporates for acquisition of stressed assets under IBC Process, Preparation of Resolution plans, presentation, and negotiation with the lenders. He also provides hand holding to the corporates for implementation of resolution plan post NCLT approval. He is also working as Senior Advisor with Easy Pay Pvt ltd, a Fintech company for providing digital solutions to banks and NBFCs for asset and Liability side products, various digital payments solutions to Financial Companies and Govt Departments and providing Innovative digital solutions for various smart city projects. He is also working as an external member on Independent Advisory Committee of ARCIL and last but not the least as Senior Advisor to Modulus alternatives investment fund which invests in performing assets across all sectors.
Additional Director (Non-Executive Independent Director)
Mr. Sanjay Mathur, aged 60 years is an experienced business leader with over 19 years (out of 34 years executive and 4 years entrepreneurial) of executive and board-level experience across Oil & Gas, Chemicals, and FMCG sectors. He has a proven track record in corporate governance, risk management, and strategic advisory, strong expertise in leading public companies, ensuring regulatory compliance, and delivering sustainable business growth. He is adept at providing independent judgment and strategic guidance to boards, fostering long-term value creation while driving ESG (Environmental, Social, and Governance) initiatives. His educational qualification includes Master of Marketing (Retail & Wholesale) – Monash University, Melbourne, Australia, Bachelor of Chemical Engineering & Technology – Panjab University, India, Dip FM (Diploma in Financial Management) – ACCA, U.K., Advanced Management Programme – Melbourne Business School, Australia, Certificate in Artificial Intelligence (AI) – Strategies for Leading Business Transformation – Northwestern Kellogg University, USA (2020). His key strengths include experience in top notch corporate governance standards, Companies Act 2013, LODR, Section 179, CSR, and risk management frameworks (COSO), successfully led mergers, acquisitions, and strategic transformations, Financial Acumen: In-depth knowledge of P&L, budgeting, capital expenditure, shareholder value optimization, and driving financial growth in competitive markets, Risk & Audit Oversight: Comprehensive experience in managing audit functions, financial risk frameworks, and ensuring complete legal compliance, Corporate Social Responsibility & ESG: Advocate for sustainable practices and environmental responsibility, aligning business strategies with CSR and ESG standards, Stakeholder Engagement: Skilled at building relationships with shareholders, regulators, and key stakeholders to drive transparency and trust, Marketing, Sales, and Operations Strategy: Cross-functional experience in driving key business functions, including frontline operations, sales, and HSE. He was associated with Vesuvius - Foseco Group a public company listed on NSE and BSE for 14 years as Managing Director with extensive experience in regulatory compliance and control framework. His key achievements include leading transformation of India and ASEAN operations, achieving 3X revenue growth and 10% CAGR, alongside a market share increase of 8%, delivered ROS of 24% and PAT of 10%, managed successful integration of Crucibles business post-acquisition of Foseco by Vesuvius, establishment of a new manufacturing plant in Pune and restructured underperforming units, achieving a 25% ROS. He was also associated with Shell International Petroleum Group as Managing Director, Pennzoil Quaker State India Ltd from 2003 – 2007 where he led a team through Shell’s acquisition of Pennzoil, doubling sales turnover and achieving 30% year-on-year growth in sales and profits and Implemented crisis management strategies post-9/11 in Yemen, ensuring business continuity and profitability in conflict zones. He is a Life Member of Institute of Directors, Member of CEO Forum- CII (Confederation of Indian Industry), Pune, Ex-President, Great Die Casting Technology Forum (GDCTECH), Pune and Former Member, Rotary Club, Pune Downtown. He has achieved 8 Consecutive Group Safety Awards (Vesuvius), Super Achievers Award, Indira Institute of Management Education, Mercer-Sirota Top Employee Engagement Scores (Vesuvius Group), Employee of the Year, Shell Yemen, 2002 and Employee of the Quarter, Shell Yemen, 1998.