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United Kingdom

Bombay Dyeing and Mfg Co Ltd (BDYN.NS)

BDYN.NS on National Stock Exchange of India

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16 Jul 2019
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Summary

Name Age Since Current Position

Nusli Wadia

74 1977 Non - Executive Chairman of the Board

Vishnu Peruvemba

2018 Chief Financial Officer

Alokendra Banerjee

2018 Chief Executive Officer – Retail

Suresh Khurana

Chief Executive Officer - PSF

Ramesh Ranganathan

2018 Chief Executive Officer - Bombay Realty

Sanjive Arora

2016 Compliance Officer, Company Secretary

Jehangir Wadia

45 2011 Managing Director, Director

Minnie Bodhanwala

54 2017 Non-Executive Non-Independent Director

Ness Wadia

46 2011 Non-Executive Director

Keki Elavia

72 2017 Non-Executive Independent Director

Anil Hirjee

79 2001 Non-Executive Independent Director

Vinesh Jairath

60 2017 Non-Executive Independent Director

Gauri Kirloskar

2019 Additional Non-Executive Independent Director

Sunil Lalbhai

58 2019 Additional Non-Executive Independent Director

S. Ragothaman

72 2003 Non-Executive Independent Director

Rajendra Shah

87 1979 Non-Executive Independent Director

Biographies

Name Description

Nusli Wadia

Mr. Nusli Neville Wadia, Esquire., is a Non - Executive Chairman of the Board of Bombay Dyeing & Manufacturing Co. Ltd. He was inducted on the Company’s Board in 1968. In 1970, he was appointed as its Joint Managing Director. Since April, 1977, he has been the Chairman of the Company. Mr. Wadia has contributed actively in the deliberations of various organizations such as the Cotton Textiles Export Promotion Council (TEXPROCIL), Millowners’ Association (MOA), Associated Chambers of Commerce & Industry, etc. He is the former Chairman of TEXPROCIL and MOA. Mr. Wadia was appointed on the Prime Minister’s Council on Trade & Industry during 1998 to 2004. He was the Convenor of the Special Group Task Force on Food and Agro Industries Management Policy in September, 1998. He was a Member of the Special Subject Group to review regulations and procedures to unshackle Indian Industry and on the Special Subject Group on Disinvestment. He was a member of ICMF from 1984-85 to 1990-91. Mr. Wadia has made a name for himself in public affairs and has been actively associated with charitable and educational institutions.

Vishnu Peruvemba

Mr. Vishnu Sundararajan Peruvemba was Chief Financial Officer of the Company. He has over 20 years of experience.

Alokendra Banerjee

Suresh Khurana

Ramesh Ranganathan

Sanjive Arora

Jehangir Wadia

Mr. Jehangir N. Wadia, Esquire., is Managing Director, Director of Bombay Dyeing & Manufacturing Co Ltd. He was appointed as a Director of the Company from 1st June, 2010. Mr. Wadia was appointed as the Managing Director (MD) of the Company by the Board for a period of 5 years with effect from 1st April, 2011. The terms and conditions of the appointment of Mr. Wadia as MD are embodied in the Agreement to be entered into between the Company and Mr. Wadia. The aforesaid appointment and remuneration payable to him are subject to the approval of the members and of the Central Government, if and to the extent necessary. Mr. Wadia is Master in Science from the Warwick University in Coventry, UK. He is the Co-author of the restructuring of the Wadia Group. The restructuring involved looking at new fi nancial and strategic investments for the group. The investments concluded ranged from a Venture Fund for technology companies to Ports, Clinical research, Education, Real Estate and Aviation. At Present he is Managing Director of Bombay Dyeing (a 130 Year old Real Estate, Polyester and Retail Company) and Go Airlines (a low cost Airline in India). He also sits on the Boards of Britannia and Bombay Burmah. The World Economic Forum elected him as a Young Global Leader in the year 2008.

Minnie Bodhanwala

Ness Wadia

Mr. Ness Nusli Wadia is a Non-Executive Director of Bombay Dyeing and Manufacturing Co Ltd. He has been actively associated for over 23 years with the Wadia Group, an Indian conglomerate with interests in a plethora of sectors like Food and Dairy, Textiles, Real Estate Development, Chemicals, Plantations and Aviation. His time in the Company began in 1993 as a management trainee. During the early stages of his career, he was closely involved in marketing and retail distribution of the textile division of the Company, and was the driving force behind the creation of the Company’s real estate division. In 1998, he began a Master’s degree in Science (M.Sc.) of Engineering Management from the University of Warwick with a thesis titled “Leading to Success in India”. After receiving his degree in 2001, he returned as Deputy Managing Director of the Company and was later promoted to Joint Managing Director. Mr. Wadia was appointed to this position in August 2001 and continued till March 2011. Mr. Wadia was active in major industry organisations such as the Cotton Textiles Export Promotion Council, a council he once chaired, Mill Owners’ Association (MOA). Mr. Wadia was once the Chairman of the FICCI-Maharashtra State Council and has been associated with FICCI as an executive committee member, Chairman of the FICCI Lifestyle Forum, Young Leaders Forum and Co-Chairman of the Real Estate Forum. Mr. Wadia also leads the Wadia Group’s philanthropic activities. As a trustee on boards of the Sir Ness Wadia Foundation and other trusts, he drives efforts in reaching out to the less fortunate. Mr. Wadia is a co-owner of Kings XI Punjab, a prominent cricket team in the Indian Premier League. Since the team’s inception, he has been the driving force behind the cricketing aspects of the team, and his personal objective is to harness young unknown talent and mentor budding cricketers to help achieve their dreams.

Keki Elavia

Mr. Keki Manchersha Elavia is Non-Executive Independent Director of the Company. He is a retired Senior Partner of M/s. Kalyaniwalla & Mistry, Chartered Accountants. He was associated with M/s. Kalyaniwalla & Mistry for more than 40 years and has also been a partner of S. R. Batliboi, Chartered Accountants for a brief period. Mr. Keki M. Elavia is a Member of the India UK Accountancy Task Force constituted by the Ministry of Commerce, Government of India and a member of the Investment Committee of Phoenix Asset Reconstruction Fund 1 of Phoenix ARC Private Limited. He is also a trustee of educational and medical trusts.

Anil Hirjee

Mr. Anil K. Hirjee, Esquire., is an Non-Executive Independent Director of Bombay Dyeing & Manufacturing Co. Ltd. He joined the Board of Directors of the Company in May, 2001. Mr. Hirjee is B.A.(Hons.), LL.B. (Hons.), Barrister-at-Law, SLOAN Fellow of London Business School. He has 53 years of experience in different areas of Business Management and his expertise extends to finance, banking, legal, commercial, industrial and general administration.

Vinesh Jairath

Mr. Vinesh Kumar Jairath is an Non-Executive Independent Director of the Company. He has a Masters in Economics from University of Manchester, U.K., besides Bachelor of Laws from Punjab University, Chandigarh, and Bachelor of Arts (English Honours) from Punjab University, Chandigarh. Mr. Jairath has been in the cadre of Indian Administrative Service, Maharashtra - 1982 batch. He took voluntary retirement from services in March 2008. His last posting was as Principal Secretary (Industries), Government of Maharashtra. Presently, Mr. Jairath provides Advisory and Consultancy Services on Legal, Financial, Business Development and Regulatory issues related to Infrastructure Development, Industrial Investment and Industries and resolving implementation and operational issues of industries.

Gauri Kirloskar

Mrs. Gauri Kirloskar is Additional Non-Executive Independent Director of the Company. Mrs. Gauri Kirloskar attended Carnegie Mellon's Tepper School of Business, where she received a BSc. in Business Administration with a concentration in Finance. Previously she attended Phillips Academy, Andover, near Boston. After graduation, Gauri worked as an investment banking analyst at Merrill Lynch in their Mergers and Acquisitions group where she analyzed the impact of proposed mergers, acquisitions, spin-offs and various restructuring alternatives on earnings, credit profile and value creation of various clients across the technology, real estate and retail industries. She then moved on to Pearson's Corporate Finance and Strategy group where she looked at bolt on acquisitions for their education business. Since moving back to India in 2010, Gauri has been focusing her efforts on strategic initiatives for the Kirloskar Group into infrastructure and investments as well as functioning as a director and observer at several Kirloskar Group companies. Her primary role is establishment of the Group's real estate business in Pune. This involves strategic alternatives analysis of value creation opportunities around the sale and development of the group's land banks. She has been involved in title clearance and land approvals, building up of the design brief and working closely with the I PCs. She is also strategically involved in the team hiring and overall business plan of Kirloskar Capital, the Group's foray into the financial services business. She was an active participant in the process of filing for the RBI license for this business.

Sunil Lalbhai

Shri. Sunil Siddhharth Lalbhai is Additional Non-Executive Independent Director of the Company. Mr. Sunil Siddharth Lalbhai is a MS in Chemistry from University of Massachusetts, USA (1981) and a MS in Economic Policy and Planning from Northeastern University, USA (1982). He undertook courses at the Institute of Chemical Technology, India in 1979, Tufts University, USA in 1981 and Manchester Business School, UK in 1983. He was a trainee with Imperial Chemical Industries pie from 1983 to 1984. He is the Managing Director of Atul Ltd. since 1984 and Chairman of Atul Ltd. since 2007. Outside of Lalbhai Group, he is an Independent Director of Navin Fluorine International Ltd., Chairman of the Nomination and Remuneration Committee and Member of the Audit Committee. He is Independent Director of Pfizer Ltd. and Member of the Stakeholders Relationship Committee. In Lalbhai Group, he is Chairman of Atul Bioscience Ltd., Chairman of Amal Ltd., and Vice-chairman of Atul Rajasthan Date Palms Ltd. Mr. Sunil is a Trustee of BAIF, Chairman of DHRUVA and GRISERV (two Trusts promoted by BAIF), Chairman of Finance and HR Committees of BAIF and Member of the Executive Committee of BAIF. In Lalbhai Group, he is a Trustee of a few trusts of Lalbhai Group for serving the society. Mr. Sunil was earlier appointed as the Convener by the Government of India to prepare Perspective plan for Chemical Industry and also appointed as the Convener by the Government of Gujarat to prepare a Blueprint to develop Dyestuff Industry.

S. Ragothaman

Shri. S. Ragothaman is Non-Executive Independent Director of Bombay Dyeing & Manufacturing Co. Ltd. He has experience in banking with specialization in the areas of project advice, risk assessment and financial management. A Graduate in Commerce and a Fellow Member of the Institute of Chartered Accountants of India, Mr. Ragothaman also offers consultancy services.

Rajendra Shah

Shri. Rajendra A. Shah is Non-Executive Independent Director of Bombay Dyeing & Manufacturing Co. Ltd. He is a leading Solicitor and a Senior Partner of M/s. Crawford Bayley & Company, a firm of Solicitors and Advocates. He specialises in a broad spectrum of corporate laws. Mr. R. A. Shah has been a Director on the Board of the Company since December 1979.