Board Of Directors

Dr. S. Sivaram

Dr. Swaminathan Sivaram is a polymer chemist by profession and a mentor, as well as a science administrator of distinction.

He is a former director of the CSIR - National Chemical Laboratory, Pune. Currently, he is an Honorary Professor and INSA Senior Scientist of the Indian Institute of Science Education and Research (IISER), Pune. He has authored over two hundred and twenty papers in peer-reviewed journals, edited two books, and authored one book.

He has fifty-one issued US and European patents and fifty-two Indian patents to his credit. Dr. Sivaram is a highly decorated scientist / technologist with numerous awards and honors to his credit. He was conferred Padma Shri by the President of India in 2006.

Dr. Sivaram serves on the Board of Apcotex Industries Limited, Deepak Nitrite Limited, Gharda Chemicals Limited, Supreme Petrochem Limited, Vyome Therapeutics Limited, and AIC IISER Pune SEED Foundation, an S&T business incubator.

Dr. Sivaram, born 1946, is an alumnus of IIT-Kanpur (MSc, 1967). He earned a PhD (1972) in Chemistry and DSc (h.c) (2010) from Purdue University, W. Lafayette, Indiana, USA.

Mr. Prakash Apte

Mr. Prakash Apte is the Chairman of Kotak Mahindra Bank Limited and serves on the Boards of Kotak Mahindra Life Insurance Company Limited, Fine Organic Industries Limited and Blue Dart Express Limited as an Independent Director. Prior to joining Kotak Mahindra, Mr. Apte served as a Non-Executive Chairman of Syngenta India Limited, an agricultural business company in India and a subsidiary of Syngenta Group, from May 2011 till September 2021 and as its Managing Director from November 2000 to April 2011.

Mr. Apte's professional career spans over 40 years with a wide range of experience in management and leadership as well as an in-depth knowledge of the agrochemicals and speciality chemicals industries. Mr. Apte was instrumental in setting up Syngenta Foundation India in 2005 which focuses on educating and providing resources to marginal farmers and facilitating rural entrepreneurship. In 2016, he was involved in setting up of the lndo Swiss Centre of Excellence which aims to provide world class training in advanced vocational skills. Mr. Apte has served on the Boards of both these not-for-profit entities till mid-2021.

Mr. Apte has a B.E. (Mech) degree from the University of Pune and a Diploma in Business Management from University of Mumbai. He has also attended executive and leadership development programs at Harvard Business School, INSEAD and IMD.

Mr. Nakul Toshniwal

Mr. Nakul Toshniwal is the Chairman & Managing Director of Toshvin Analytical Pvt. Ltd. which is recognized as one of the largest analytical instrumentation companies in India. He started his career as an analyst with AT Kearney Inc. in New York, USA, and has over 22 years of experience in managing, investing in and growing companies in diverse industries.

Mr. Toshniwal serves as an Independent Director on the Board of Cravatex Brands Ltd. He is a member of the Council of Directors of Kodaikanal International School.

He graduated summa cum laude from The Wharton School, University of Pennsylvania, Philadelphia, PA, and has a Master of International Public Policy degree from The School of Advanced International Studies, Johns Hopkins University, Washington DC.

Ms. Bhawana Mishra

Ms. Bhawana Mishra is the Founder Director of BasilTree Consulting Private Limited, a firm that works with the biggest names in corporate India in defining talent strategy, identifying and building leadership acumen, and supporting individuals and teams to actualise their potential in line with the business strategy.

Ms. Mishra has 22 years of experience across industries, as a talent and leadership development specialist. She started her career with hands-on work in talent management, strategic change and organizational transformation, and her clients include CXOs and business leaders of a large number of Indian and multinational companies.

Ms. Mishra is an M.A. in Applied Psychology (specialization in Organizational Behaviour) from the University of Delhi, 1997 and has a Level B Certification in Occupational Assessments from the British Psychological Society.

Mr. Vivek Bhatia

Mr. Vivek Bhatia is the Managing Director and Chief Executive Officer of Thyssenkrupp Industries India. Prior to joining Thyssenkrupp, Mr. Bhatia was with Boston Consulting Group, India where he worked extensively in the capital goods sector with clients in India and abroad on a wide canvas of topics.

Mr. Bhatia has worked across multiple business functions including strategy, operations and organization in the areas such as growth/diversification, joint ventures & technology transfers, business turnaround/ transformation, working capital management, operations design and re-engineering, organization design and performance management systems. In 2013, he was awarded a BCG Olympics Gold Medal for the most insightful and impactful client work in the region.

Mr. Bhatia holds an MBA (from IIM Calcutta), M. Tech. (Gold Medalist from IIT Delhi) and B.E. (with honours from University of Delhi).

Mr. Harsh Gupta

Mr. Harsh Gupta is the Chief Executive Officer & Executive Director at Solaris Chemtech Industries Limited. Prior to joining Solaris, Mr. Gupta was an entrepreneur who contributed to the telecom revolution in India in the late 1990s/early 2000s.

He has over 22 years of expertise in diverse fields including leadership, entrepreneurship, sales & marketing, and business strategy, across a wide range of industries including chemicals, metals, and as an entrepreneur.

Mr. Gupta was educated at The Doon School, Dehradun, followed by a Bachelor of Arts in Economics from Vassar College, New York, USA, and an MBA from the McDonough School of Business, Georgetown University, USA. While at Vassar, he was granted a Ford Foundation Scholarship for research in economics, and honoured with membership to Omicron Delta Epsilon, an economics honour society.

Mr. Malte Woweries

Mr. Malte Woweries is the founder of Woweries Financial Advisory GmbH, an independent advisory firm in Frankfurt, Germany, providing services to corporate and private equity clients related to mergers and acquisitions, corporate finance, and investor communication.

Previously, Mr. Woweries was Executive Director in the Investment Banking Division at Goldman Sachs and served in the Frankfurt, New York City, and Mexico City offices between 2005 and 2019, focusing on mergers and acquisitions, as well as debt and equity financing transactions. He also worked as Investment Manager at KfW Group’s private-sector arm DEG, focusing on private equity investments in developing and emerging markets.

Mr. Woweries holds a BA (Hons) / MA (Cantab) in Economics from the University of Cambridge and an MA in Economics from the Mexico Autonomous Institute of Technology (ITAM).

Mr. Ashok Patel

Mr. Ashok Patel has over 47 years of experience in the capital goods industry.

He has been a Director of GMM Pfaudler Limited since 1972 and was the Managing Director of the Company from 1988 to 2015. He is currently the Executive Chairman of the Company’s subsidiary Mavag AG.

He is on the Board of Skyline Millars Limited and Ready Mix Concrete Limited.

Mr. Patel has a B. Sc degree from the University of Manchester Institute of Science & Technology, UK, and an MBA from the Columbia University, USA.

Tarak Patel

Mr. Tarak Patel has been Managing Director of the Company since June 2015.

He has also served as Executive Director of the Company since 2007.

Mr. Patel serves on the Board of Ready Mix Concrete Ltd, ReefWatch Marine Conservation, and Charutar Arogya Mandal.

He is also a member of the Young Presidents’ Organization (YPO).

Mr. Patel has a BA in Economics from the University of Rochester, USA, and an MBA jointly conferred by Columbia Business School, London Business School, and University of Hong Kong (HKU) Business School.

Composition of committees of the board

Audit Committee:

Sr. No. Name of director Category of directorship Position in committee
1. Dr. S Sivaram Non-Executive Independent Director – Chairman Chairman
2. Mr. Nakul Toshniwal Non-Executive Independent Director Member
3. Mr. Vivek Bhatia Non-Executive Independent Director Member
4. Mr. Malte Woweries Non-Executive Director Member

Stakeholders Relationship Committee:

Sr. No. Name of director Category of directorship Position in committee
1. Dr. S Sivaram Non-Executive Independent Director – Chairman Chairman
2. Mr. Tarak Patel Managing Director Member
3. Mr. Harsh Gupta     Non-Executive Director     Member

Risk Management Committee:

Sr. No. Name of director Category of directorship Position in committee
1. Mr. Vivek Bhatia     Non-Executive Independent Director     Chairman
2. Dr. S Sivaram     Non-Executive Independent Director     Member
3. Mr. Tarak Patel     Managing Director     Member
3. Mr. Harsh Gupta     Non-Executive Director     Member
3. Mr. Malte Woweries     Non-Executive Director     Member

Nomination and Remuneration Committee:

Sr. No. Name of director Category of directorship Position in committee
1. Mr. Nakul Toshniwal     Non-Executive Independent Director     Chairperson
2. Dr. S Sivaram     Non-Executive Independent Director     Member
3. Ms. Bhawana Mishra     Non-Executive Independent Director     Member
3. Mr. Ashok Patel     Non-Executive Director     Member

Corporate Social Responsibility Committee:

Sr. No. Name of director Category of directorship Position in committee
1. Ms. Bhawana Mishra     Non-Executive Independent Director     Chairperson
2. Mr. Nakul Toshniwal     Non-Executive Independent Director     Member
3. Mr. Ashok Patel     Non-Executive Director     Member
3. Mr. Tarak Patel     Managing Director     Member