Board of Directors and Committees

 

 BOARD OF DIRECTORS AND ITS COMMITTEES

  

The Board of Directors has a combination of Executive and Non-Executive Directors. The Board comprises of two Whole-time Directors (i.e. two Managing Directors) and four Non-Executive Directors of which three are Independent Directors. Accordingly, the Composition of the Board is in conformity with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

 

The names and categories of the Director on the Board are as under:

 

Mr. Ramesh Kumar Agrawal

Non-Executive Director

Mr. Ramesh Kumar Agarwal who transformed the small steel rolling mill into a profitable, integrated and well diversified group ready for tomorrow. Over the last 30 years, the group has emerged as a formidable force in the industry with a turnover exceeding INR 1000 Crore. His tremendous hands-on experience, strategic thinking and a forward looking approach. He has played a crucial role in developing Chhattisgarh's Steel Industry besides playing an active role in various social activities, industry events and on various economic forums.

 

 

Mr. Chetan Kumar Agrawal

Chairman & Managing Director

Mr. Chetan Kumar Agrawal is an Industrial Engineer and a Diploma holder in Business Management. Having proved his mettle in multiple projects in the group since 2009, he is credited for making quality as an integral value of the group. He is also known for his innovative ideas, a deep understanding of the industry dynamics and also for his astute management skills. He is the group's in-house entrepreneur and also an active member of the International Entrepreneur's Organization (IEO).

 

 

Mr. Keshav Kumar Agrawal

Joint Managing Director & Chief Financial Officer

Mr. Keshav Kumar Agrawal is a commerce graduate and a Chartered Accountant by profession. Since joining the group in 2014, he has been responsible for managing the operations of Induction Furnaces, Rolling Mills, Finance and Legal matters of the business. He manages functions like corporate finance, legal aspects, cost management and financial planning in the group. He has been guiding the group to manage its financial and other resource in a highly efficient way. He has played the crucial role of infusing new ideas that have changed the Group's outlook.

 

 

Mr. Ranjeet Singh Thakur

Independent Director

Mr. Ranjeet Singh Thakur, S/o Late M. R. Thakur aged 71 years, residing at Raipur, is having a Master’s degree of M.Sc.(Chemistry), AMIE (Chemical) ISO - 9001 from UK is having around 45 years of sound experience in the field of Cement and Steel Sector, and is also having an expertise in Railway siding construction, Operations, Production, Quality control, Mining, Commercial, Administration, Procurement, Logistics, Liaisoning etc. Mr. Thakur is also having sound entrepreneurial skills.

 

 

Mr. Sumit Dahiya

Independent Director

Mr. Sumit Dahiya is a qualified Chartered Accountant and a commerce graduate with an experience of more than 8 years. He is associated with our Company from 2022. He has experience in the field of internal checks, tax expertise, corporate financing and legal compliances in various business sectors such as manufacturing, steel industries, contractors, logistics, transportation etc. At present, he exercises independent oversight relating to corporate finance, cost management and financial operations in the Company.

 

 

Ms. Disha Keshariya

Woman Independent Director

Ms. Disha Keshariya is a qualified Company Secretary and a commerce graduate. She is associated with our Company from 2022. Prior to her association with our Company, she has also worked as a Company Secretary of a Public Limited Company. She possesses diversified knowledge of financial statements and legal matters. At present, she assists and provides independent oversight in improving corporate credibility and governance standards of the Company.

 

 

COMPOSITION OF VARIOUS COMMITTEES OF BOARD OF DIRECTORS

 

Audit Committee

The Audit Committee consists of two Independent Directors and one Joint Managing Director and CFO. The Committee’s composition meets with requirements of Section 177 of the Companies Act, 2013 and Regulation 18 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The Audit Committee comprises of following Directors:

 

Name of the Director	Designation	Nature of Directorship
Mr. Sumit Dahiya	Chairman	Independent Director
Ms. Disha Keshariya	Member	Independent Director
Mr. Ranjeet Singh Thakur	Member	Independent Director
Mr. Keshav Kumar Agrawal	Member	CFO & Joint Managing Director

 

Nomination and Remuneration Committee

The Nomination and Remuneration Committee consists of three Non-Executive Directors of which two are Independent Directors. The Committee’s composition meets with requirements of Section 178 of the Companies Act, 2013 and Regulation 19 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The Nomination and Remuneration Committee comprises of following Directors:

 

 

Name of the Director	Designation	Nature of Directorship
Ranjeet Singh Thakur	Chairman	Independent Director
Disha Keshariya	Member	Independent Director
Ramesh Kumar Agrawal	Member	Non-Executive Director

 

 

Stakeholders Relationship Committee:

The Stakeholders Relationship Committee consists of two Non-Executive Directors of which one is Independent Director and one Managing Director. The detailed composition of the members of the Stakeholders Relationship Committee at present is given below:

 

 

Name of the Director	Designation	Nature of Directorship
Ramesh Kumar Agrawal	Chairman	Non-Executive Director
Sumit Dahiya	Member	Independent Director
Chetan Kumar Agrawal	Member	Managing Director

 

Corporate Social Responsibility Committee:

The Corporate Social Responsibility Committee consists of Two Non-Executive Directors of which one is Independent Director and one Managing Director. The detailed composition of the members of the Corporate Social Responsibility Committee at present is given below:

 

 

Name of the Director	Designation	Nature of Directorship
Ramesh Kumar Agrawal	Chairman	Non-Executive Director
Chetan Kumar Agrawal	Member	Managing Director
Ranjeet Singh Thakur	Member	Independent Director