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 has transformed the small steel rolling mill into a profitable, integrated and well diversified group ready for tomorrow. Over the last 30 years, GR Group of Industries ("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.
Key Positions Held:
Director/designated partner in following body corporates:
1. N.R. Sponge Private Limited - Director
2. Maa Danteshwari Pellet and Steel Private Limited - Director
3. Aryabhatt Sales Pvt Ltd - Director
4. Vikruti Infrastructures Private Limited - Director
5. C.G. Sponge Manufacturers Consortium Coal Fields LLP - Designated Partner (Nominee)
Full-Time Positions:
1. G.R.Sponge and Power Limited - Managing Director
2. G.R. Integrated Steel Private Limited - Managing Director
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).
Key Positions Held:
Director/designated partner in following body corporates:
1. G.R. Sponge and Power Limited - Director
2. N.R. Sponge Private Limited - Director
3. G.R. Integrated Steel Private Limited - Director
4. Aryabhatt Sales Pvt Ltd - Director
5. Vidarbha Minerals and Energy Private Limited - Director
6. G.R. Krishna Ferro Alloys Private Limited - Director
7. G.R. Silico Alloys Private Limited - Director
8. Shree Vasu Logistics Limited - Director
9. G.R. Ores and Fuels LLP - Designated Partner
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.
Key Positions Held:
Director/designated partner in following body corporates:
1. G.R. Sponge and Power Limited - Director
2. N.R. Sponge Private Limited - Director
3. G.R. Integrated Steel Private Limited - Director
4. Vidarbha Minerals and Energy Private Limited - Director
5. G.R. Krishna Ferro Alloys Private Limited - Director
6. G.R. Silico Alloys Private Limited - Director
7. YPO Chhattisgarh Foundation - Director
8. G.R. Ores and Fuels LLP - Designated Partner
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. In addition to his technical and managerial skills, Mr. Thakur possesses sound entrepreneurial capabilities.
Key Positions Held:
Director/designated partner in following body corporates:
1. G.R. Sponge and Power Limited - Director
2. R R Minerals & Engineering Consultancy Private Limited – Director
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.
Key Positions Held:
Director/designated partner in following body corporates:
1. G.R. Integrated Steel Private Limited – Director
2. N.R. Sponge Private Limited - Director
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.
Key Positions Held:
Director/designated partner in following body corporates:
1. G.R. Integrated Steel Private Limited – Director
Full-Time Positions:
1. Vizianagar Starch and Allied Products Private Limited - Company Secretary
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:
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Name of the Director
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Designation
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Nature of Directorship
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Mr. Sumit Dahiya
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Chairman
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Independent Director
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Ms. Disha Keshariya
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Member
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Independent Director
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Mr. Ranjeet Singh Thakur
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Member
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Independent Director
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Mr. Keshav Kumar Agrawal
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Member
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CFO & Joint Managing Director
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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:
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Name of the Director
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Designation
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Nature of Directorship
|
|
Ranjeet Singh Thakur
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Chairman
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Independent Director
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Disha Keshariya
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Member
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Independent Director
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|
Ramesh Kumar Agrawal
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Member
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Non-Executive Director
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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:
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Name of the Director
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Designation
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Nature of Directorship
|
|
Ramesh Kumar Agrawal
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Chairman
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Non-Executive Director
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Sumit Dahiya
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Member
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Independent Director
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Chetan Kumar Agrawal
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Member
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Managing Director
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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:
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Name of the Director
|
Designation
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Nature of Directorship
|
|
Ramesh Kumar Agrawal
|
Chairman
|
Non-Executive Director
|
|
Chetan Kumar Agrawal
|
Member
|
Managing Director
|
|
Ranjeet Singh Thakur
|
Member
|
Independent Director
|
BOARD OF DIRECTORS AND ITS COMMITTEESThe 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 AgrawalNon-Executive DirectorMr. Ramesh Kumar Agarwal has transformed the small steel rolling mill into a profitable, integrated and well diversified group ready for tomorrow. Over the last 30 years, GR Group of Industries ("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.Key Positions Held:Director/designated partner in following body corporates:1. N.R. Sponge Private Limited - Director2. Maa Danteshwari Pellet and Steel Private Limited - Director3. Aryabhatt Sales Pvt Ltd - Director4. Vikruti Infrastructures Private Limited - Director5. C.G. Sponge Manufacturers Consortium Coal Fields LLP - Designated Partner (Nominee)Full-Time Positions:1. G.R.Sponge and Power Limited - Managing Director2. G.R. Integrated Steel Private Limited - Managing DirectorMr. Chetan Kumar AgrawalChairman & Managing DirectorMr. 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).Key Positions Held:Director/designated partner in following body corporates:1. G.R. Sponge and Power Limited - Director2. N.R. Sponge Private Limited - Director3. G.R. Integrated Steel Private Limited - Director4. Aryabhatt Sales Pvt Ltd - Director5. Vidarbha Minerals and Energy Private Limited - Director6. G.R. Krishna Ferro Alloys Private Limited - Director7. G.R. Silico Alloys Private Limited - Director8. Shree Vasu Logistics Limited - Director9. G.R. Ores and Fuels LLP - Designated PartnerMr. Keshav Kumar AgrawalJoint Managing Director & Chief Financial OfficerMr. 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.Key Positions Held:Director/designated partner in following body corporates:1. G.R. Sponge and Power Limited - Director2. N.R. Sponge Private Limited - Director3. G.R. Integrated Steel Private Limited - Director4. Vidarbha Minerals and Energy Private Limited - Director5. G.R. Krishna Ferro Alloys Private Limited - Director6. G.R. Silico Alloys Private Limited - Director7. YPO Chhattisgarh Foundation - Director8. G.R. Ores and Fuels LLP - Designated PartnerMr. Ranjeet Singh ThakurIndependent DirectorMr. 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. In addition to his technical and managerial skills, Mr. Thakur possesses sound entrepreneurial capabilities.Key Positions Held:Director/designated partner in following body corporates:1. G.R. Sponge and Power Limited - Director2. R R Minerals & Engineering Consultancy Private Limited – DirectorMr. Sumit DahiyaIndependent DirectorMr. 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.Key Positions Held:Director/designated partner in following body corporates:1. G.R. Integrated Steel Private Limited – Director2. N.R. Sponge Private Limited - DirectorMs. Disha KeshariyaWoman Independent DirectorMs. 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.Key Positions Held:Director/designated partner in following body corporates:1. G.R. Integrated Steel Private Limited – DirectorFull-Time Positions:1. Vizianagar Starch and Allied Products Private Limited - Company SecretaryCOMPOSITION OF VARIOUS COMMITTEES OF BOARD OF DIRECTORSAudit CommitteeThe 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 DirectorDesignationNature of DirectorshipMr. Sumit DahiyaChairmanIndependent DirectorMs. Disha KeshariyaMemberIndependent DirectorMr. Ranjeet Singh ThakurMemberIndependent DirectorMr. Keshav Kumar AgrawalMemberCFO & Joint Managing DirectorNomination and Remuneration CommitteeThe 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 DirectorDesignationNature of DirectorshipRanjeet Singh ThakurChairmanIndependent DirectorDisha KeshariyaMemberIndependent DirectorRamesh Kumar AgrawalMemberNon-Executive DirectorStakeholders 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 DirectorDesignationNature of DirectorshipRamesh Kumar AgrawalChairmanNon-Executive DirectorSumit DahiyaMemberIndependent DirectorChetan Kumar AgrawalMemberManaging DirectorCorporate 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 DirectorDesignationNature of DirectorshipRamesh Kumar AgrawalChairmanNon-Executive DirectorChetan Kumar AgrawalMemberManaging DirectorRanjeet Singh ThakurMemberIndependent Director