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Fairchem Speciality Ltd (FAIC.NS)

FAIC.NS on National Stock Exchange of India

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Summary

Name Age Since Current Position

Utkarsh Shah

54 2010 Non-Executive Chairman of the Board

Rajen Jhaveri

2014 Chief Financial Officer, Company Secretary

Nahoosh Jariwala

2010 Managing Director, Executive Director

Ganpatraj Chowdhary

2015 Non-Executive Director

Sumit Maheshwari

2016 Additional Non-Executive Director

Bimal Parikh

2016 Non-Executive Director

Nitin Patel

2015 Non-Executive Director

Bhavin Shah

2015 Non-Executive Director

Hemant Shah

53 2010 Non-Executive Director

Viren Joshi

2017 Independent Director

Darius Pandole

48 2017 Independent Director

Sonal Ambani

2015 Additional Non-Executive Independent Director

Kalpesh Patel

47 2010 Non-Executive Independent Director

Jayesh Shah

55 2010 Non-Executive Independent Director

Biographies

Name Description

Utkarsh Shah

Mr. Utkarsh Bhikhoobhai Shah is Non-Executive Chairman of the Board of Adi Finechem Limited. He is a Chairman of Adi-Heritage Group involved in diversified activities like Global coal trade, real estate development and manufacturing. He is a Science graduate with Chemistry as principal subject. He has headed various businesses & International trade bodies and heads various charitable initiatives in field of health, education, Senior Citizen, rural development & economic empowerment.

Rajen Jhaveri

Nahoosh Jariwala

Shri. Nahoosh J. Jariwala is Managing Director, Executive Director of Adi Finechem Limited. He is associated with the company since more than 20 years. He holds a Commerce Degree. He has experience in running the company. Looking to his contribution in the growth and working of the company and his truly dedicated efforts through out his long association with the company, the board of directors of the company at its meeting held on 15th May, 2010 approved the recommendations of the remuneration committee which is in the interest of the company to appoint him as Managing Director of the company. He has more than 25 years of experience in chemical manufacturing and trading of various textile products.

Ganpatraj Chowdhary

Shri. Ganpatraj Chowdhary is Non-Executive Director of the Company. He is the Managing Director and overall in charge of operations in M/s. Riddhi Siddhi Gluco Biols Limited, a Company listed on Bombay Stock Exchange, promoted by him and his family.

Sumit Maheshwari

Bimal Parikh

Shri. Bimal Dashrathbhai Parikh is Non-Executive Director of Adi Finechem Limited. He holds a Degree in Chemical Engineering and engaged in manufacture of dyes & chemicals since last 30 years. In 2001 he was the President of Gujarat Dyestuff Manufacturers’ Association. He is Honorary Secretary of the Gujarat Chamber of Commerce & Industry.

Nitin Patel

Shri. Nitin R. Patel is Non-Executive Director of the Company. He is the Chairman of M/s. Shree Bhagwati Flour and Foods Private Limited and is also associated with M/s. Shri Bhagwati Flour Mills Private Limited. He is associated with the Food Industry since last 35 years.

Bhavin Shah

Shri. Bhavin Shah is Non-Executive Director of the Company. He is currently working with Equirus Securities Private Limited, Merchant Banker, as a Managing Director and Chief Executive Officer and has set up Institutional equities business. He was also associated with JP Morgan, Hong Kong and India as head of Asia-Pacific Technology Research and Global Sector Leader. He has also worked in Credit Suisse First Boston, Hong Kong as a Director (Head, Asia-Pacific Technology Research)

Hemant Shah

Shri. Hemant Navinchandra Shah is Non-Executive Director of Adi Finechem Limited. He is a Commerce Graduate and involved in business of logistics, garments, trading of minerals, and retailing since 25 years. He is a Member of numerous trade organizations like Gujarat Chamber of Commerce & Industry, Confederation of Indian Industry, Ahmedabad Management Association etc.

Viren Joshi

Mr. Viren Joshi is an Independent Director of the Company. He has over 30 years of experience in leading large engineering MNCs in India, Asia, MEA and Europe. He set up Parker Hannifin operations in India and South Asia, and over 15 years led it to a leadership position in the fluid power market. He has wide experience in growing new businesses from Start Up and managing rapid growth and performance at large engineering MNCs. He has wide experience in M&A and is a keen practitioner of practices like Lean Enterprise, Profitable Growth Strategy, Policy deployment, Balanced Score Card and Talent Development. He has received a National Award from The President of India, for a paper on Alternate Sources of Energy. He has attended global programs on Leadership, Change Management, Balanced Score-card, Talent Development, and Mergers& Acquisitions. He was Chairman /Vice Chairman of CII, Fluid Power division. He has a degree with Mechanical Engineering (Bombay University) and Post Graduate qualification in Management (Bombay University).

Darius Pandole

Mr. Darius Pandole is an Independent Director of the Company. Mr. Pandole joined JM Financial Investment Managers Ltd. (JMFIM), in August 2016. He is responsible for the private equity investments business at JMFIM. He has around 25 years of private equity experience in India. Prior to the Investment Manager, Mr. Pandole was a partner at New Silk Route Advisors (NSR) for close to 9 years. He was a member of the early team at NSR that managed the US$ 1.4 billion private equity fund. At NSR, Mr. Pandole worked on a number of investments and divestments across sectors, including participating on the board of directors of investee companies. Prior to NSR, Mr. Pandole worked at IDFC PE Ltd., which he joined in February 2003. He was the Executive Director, and later COO of this asset management company that managed the India Development Fund, an infrastructure focused private equity fund. The India Development Fund was the largest domestic private equity fund in India at that time and Mr Pandole was part of the start-up team responsible for raising and managing this fund. This fund had been amongst the best performing funds in India during this timeframe. In February 1999, Mr. Pandole co-founded and served as managing director of IndAsia Fund Advisors Pvt. Ltd., the Indian advisor to the AMP-IndAsia India Fund – a private equity fund established in partnership with AMP of Australia. Prior to this, in 1997, Mr. Pandole joined the investment team at the IndOcean Fund, amongst the first private equity funds to be established in India. The IndOcean Fund was established in partnership with Chase Capital Partners and Soros Fund Management. Mr. Pandole holds a degree in Bachelors in Economics, graduating from Harvard University and an MBA from the University of Chicago.

Sonal Ambani

Kalpesh Patel

Shri. Kalpesh A. Patel is Non-Executive Independent Director of Adi Finechem Limited. He holds BE Chemical and MBA in Marketing from USA. At present he is an Executive Director of Nirma Limited. He has wide experience in the production and operation related to soaps , detergent and allied chemicals. At present he is looking after healthcare division and lab facilities of Nirma Limited.

Jayesh Shah

Shri. Jayesh K. Shah is Non-Executive Independent Director of Adi Finechem Limited. He is an Commerce Graduate and Chartered Accountant. He is a Wholetime director with the designation of Director & Chief Financial Officer of Arvind Limited and he has been associated with Arvind Limited since July 1993. He has financial, regulatory and managerial with his experience in the field. He also holds directorship in other companies. His other Directorships include Arvind Spinning Limited Arvind Products Limited Arvind Retail Limited Arvind Lifestyle Brands Ltd. Arya Omnitalk Wireless Solutions Limited, Arvind Limited Anagram Stockbroking Ltd, Anagram Comtrade Limited, Dropadi Finance Limited, E-Infochips Limited, Anagram Knowledge Academy Limited, Arvind Accel Limited, Anagram Capital Limited and Arvind Infrastructure Limited.