Corporate Governance

We strive to ensure corporate governance and build a long standing relationship with our stakeholders, and in this pursuit always adhere to our values and culture.

Board of Directors

Viraj Didwania

Chairman and Managing Director

Viraj Didwania, is a Chairman & Managing Director of our Company. He holds a Graduate Degree with dual majors in Commerce from the Business School and Economics from the University of Virginia in 2004. He has been associated with our Company since Oct 2017. He has years of experience in investment banking, M&A transactions, capital raising activities etc. His responsibilities include substantial powers of management of the affairs of the company, shall be responsible for the general control of the business of the Company subject to the supervision of the Board of Directors and endeavour to promote the interests and welfare of the Company. Previously, he worked as a consultant for Ernst and Young (from Aug 2004 to Sep 2005) and as an investment banker with Morgan Stanley, both in New York City (From Sep 2005 to Aug 2008). At Morgan Stanley, he was involved in headline making M&A transactions and capital raising activities mainly for companies in the Metals and Mining space as well as some transactions in the Consumer and Retail space. Mr. Viraj has promoted Foresight Bullion India Private Limited for silver wholesale trading business in India and set up and managed the said business of the company for past four years. He built the Foresight bullion business from scratch to its current position as a leading silver bullion company in India.

Mr. Shrirang Sarda

Non-Executive, Non-Independent Director

Mr. Shrirang Sarda, Non-Executive, Non-Independent Director, graduated in Commerce from BYK College of Commerce and MBA from Simon Business School, University of Rochester in 1996. He joined the Sarda Group family business in 1996 and played a key role in diversifying the Sarda & Kadak Bidi business. He was instrumental in establishing a world-class dairy farm, Sarda Farms, and setting up its last mile distribution for chilled milk. He pioneered Yogi Ayurvedic Products Private Ltd. a leading GMP certified company engaged in manufacturing Ayurvedic products. He initiated the Sarda Group's diversification in the hospitality industry with the launch of Apple Country, Manali, one of the highest-occupied hotels of Manali. As Director of TLC Relationshio Pvt. Ltd. (a leading CRM services company for the hospitality vertical), led the technology aspect for CRM services. He played a key role in setting up Nashik's first mall, �The Zone', integrating Retail, Entertainment and Leisure to attract national retailers to the city. He is a Chairman of �City Center Mall Pvt. Ltd.', a 5,50,000 sq.ft. shopping center in Nashik integrating retail, entertainment and food, which intends to create a world-class digital customer experience. He is a Chairman of Shreelekha Nagari Sahakari Adhikosh Ltd., a micro-finance society for over 12,000 women. Also involved in various non-profit and CSR activities. He aspires to enrich social sensibilities across the Sarda Group.

Mr. Shantanu Shah

Independent Director

Mr Shantanu Shah, Independent Director, holds a Masters in Computer Engineering degree from Cornell University, New York in 2006 and Bachelor's in Computer Engineering degree from University of Pune in 2003. In addition to this he has successfully completed a certificate course from Stanford Graduate School of Business for Entrepreneurial Studies. Mr. Shah, is the Founder, Director and Chief Technical Officer of Bewgle, Inc. which is building Artificial Intelligence technologies for online shopping companies. The company is funded by SAP, one of the largest software organizations in the world, and the prestigious Techstars accelerator. Bewgle has business interests in India and Europe. Prior to founding this company, Mr Shantanu Shah worked as a Senior Software Engineer and Tech Lead for Google, Inc in New York City, USA from 2006-2012 and Bangalore, India from 2012-2015. During his employment at Google, Mr Shantanu has won the prestigious OC Award (the highest award given to individual employees at that time) for his innovative work in Google Search and Google Maps. He was instrumental in conceiving and launching OneToday, a social good initiative by Google. He has also led technical teams in Google Docs and Emerging Markets areas. Mr Shantanu is a practitioner of meditation since 2003 and is also a teacher of the Art of Living Foundation (an educational and humanitarian NGO operating in 154 countries). He has successfully led major campaigns for the organization such as the �Take A Breath DC� and �Smile Campaign� conducted in Washington DC involving over 3000 participants.

Mr. S. Subramanian

Independent Director

Mr. S. Subramanian, Independent Director, is a Post Graduate Naval Architect from University of London. He served in the Indian Navy as a Naval Architect for 20 years designing and building Indigenous warships till 1994. Thereafter, he was a director of Tebma shipyards, designing and building off shore vessels, till 2006. He set up his consultancy firm Ska Marine services in 2007 and offered specialist design and consultancy services to Ship Building Industry for Projects Management and Materials Management for leading Indian Shipyards. He is also a specialist Enterprise Planning Consultant.

Mr. Pankaj Bhargava

Independent Director

Mr. Pankaj Bhargava, is an Independent Director. Mr. Bhargava, graduated in Chemical Engineering from IIT Bombay in 1987 & completed his post graduation (PGDM) from IIM Calcutta in 1991 Mr. Pankaj Bhargava is the founder and Director of People Builders Private Limited and COE Creators International Private Limited, an enterprise focused on strategic consulting in enabling organizations to grow. Mr. Pankaj graduated with a degree in Chemical Engineering from IIT Bombay in 1987 & post graduated with a dual specialization in HR from IIM Calcutta in 1991 (where he received the Bengal Chamber of Commerce medal for excellence in Personnel). He worked with Marico Limited for 16 years from 1991-2007 in Human Resources. His last assignment at Marico was Chief � Human Resources. Mr. Pankaj was involved in partnering the growth of Marico by building a strong culture of meritocracy, openness, innovation & people development that enabled growth of business. He started People Builders in 2007 & has worked with over 80 organizations over the last 10 years facilitating their growth through strategic interventions & long term partnering. He is the only certified ToP facilitator in India. Using the ToP approach to facilitation (an approach developed by Institute of Cultural Affairs over 50 years back), he has facilitated organizations across various sectors (corporate, academic & social) and across various countries in South East Asia, South Asia & Middle East.

Ms. Sridevi Badiga

Independent Director

Ms. Sridevi Badiga, Independent Director, runs a cross-border advisory practice working closely with a network of family offices and institutional investors in the Middle East. She has worked on various strategic cross-border deals in Kuwait, Bahrain, Qatar and Dubai, primarily in Investment Banking. She is currently a Director on the Board of Future Retail Limited, India's largest retailer by square footage. Sridevi was an Investment Banker with JPMorgan in New York and Hong Kong in the Power and Infrastructure group, focusing on transactions in Thailand and the Philippines. She was a part of Gap Inc.'s Corporate Finance team based in San Francisco where she managed Gap Inc.'s $1 billion foreign exchange hedging program; conducted a series valuation exercises of brands including Gap, Banana Republic and Old Navy; evaluated financing strategies to support Gap Inc.'s international expansion in Europe & Asia. Sridevi received MBA from the Kellogg School of Management in Chicago and BBA in Accounting from Hofstra University in New York. She is an avid sports enthusiast and has a certificate in patisserie making from Le Cordon Bleu, Paris.

Key Managerial Personnel

Mr. Harish Parasuram V.

Chief Financial Officer

Ms. Smita Chowdhury

Company Secretary & Compliance Officer

Audit Committee  
Name of the MemberPosition HeldCategory
Shantanu ShahChairpersonIndependent Director
Viraj DidwaniaMemberChairman & Managing Director
Sridevi BadigaMemberIndependent Director
Pankaj BhargavaMemberIndependent Director
S.SubramanianMemberIndependent Director
Nomination and Remuneration Committee  
Name of the MemberPosition HeldCategory
S.SubramanianChairpersonIndependent Director
Pankaj BhargavaMemberIndependent Director
Shrirang SardaMemberNon-Executive, Non-Independent Director
Shantanu ShahMemberIndependent Director
Corporate Social Responsibility Committee  
Name of the MemberPosition HeldCategory
Viraj DidwaniaChairpersonChairman & Managing Director
Pankaj BhargavaMemberIndependent Director
Shantanu ShahMemberIndependent Director
S.SubramanianMemberIndependent Director
Stakeholders Relationship Committee  
Name of the MemberPosition HeldCategory
Shrirang SardaChairpersonNon-Executive, Non-Independent Director
Viraj DidwaniaMemberChairman & Managing Director
Pankaj BhargavaMemberIndependent Director