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Rain Industries Ltd (RAID.NS)

RAID.NS on National Stock Exchange of India

179.75INR
13 Jul 2018
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Summary

Name Age Since Current Position

N. Radhakrishna Reddy

71 2007 Non-Executive Chairman of the Board

T. Srinivasa Rao

2011 Chief Financial Officer

S. Venkat Reddy

Compliance Officer, Company Secretary

N. Jagan Reddy

2007 Managing Director, Executive Director

N. Sujit Reddy

42 2011 Non-Executive Director

Varun Batra

51 2018 Additional Independent Director

Radhika Haribhakti

2014 Additional Independent Director

Surendra Rao

80 2011 Non-Executive Independent Director

H. Zutshi

2011 Non-Executive Independent Director

Biographies

Name Description

N. Radhakrishna Reddy

Mr. N. Radhakrishna Reddy is Non-Executive Chairman of the Board of Rain Industries Limited. He has more than 44 years of experience in Construction and Cement Industry. He has been a Director of the Company since 1984. Currently, he is also on the board of Rain Cements Limited, Renuka Cement Limited, Rain Coke Limited, PCL Financial Services Limited, Arunachala Holdings Private Limited, PR Cement Holdings Limited, Apeetha Enterprises Private Limited, Lakshmi Sea Foods Limited, Rain Entertainments Private Limited and Pragnya Priya Foundation. He is the member of Remuneration Committee of Rain Cements Limited.

T. Srinivasa Rao

S. Venkat Reddy

N. Jagan Reddy

Mr. N. Jagan Mohan Reddy is Managing Director, Executive Director of Rain Industries Limited. He has a Bachelor of Science degree in Industrial Engineering from Purdue University, U.S.A. He is the founder of Rain CII Carbon (Vizag) Limited (successor of Rain Calcining Limited) that has started operations in 1998. He was instrumental in the acquisition of (i) Rain CII Carbon LLC (formerly CII Carbon LLC), a US based company, engaged in the business of manufacture and sale of Calcined Petroleum Coke (CPC) and generation of energy and (ii) RÜTGERS N.V., a Belgium-headquartered Coal Tar Pitch ("CTP") and Chemicals manufacturer. He provides strategy and guidance to the Senior Management of Rain Group. He is presently the Managing Director of Rain Industries Limited and Director in Rain CII Carbon (Vizag) Limited, Rain Cements Limited, Rain Coke Limited, Renuka Cement Limited, Sujala Investments Private Limited, Focus India Brands Private Limited, Rain Entertainments Private Limited, Moonglow Company Business Inc, Rain Commodities (USA) Inc, Rain CII Carbon LLC, USA, Rain Carbon Inc., Rain Global Services LLC, USA, Rain Carbon Holdings, LLC, USA, Rain Global Holdings, LLC, USA, Rain CII Carbon Mauritius Limited and Pragnya Priya Foundation. He is the member of Audit Committee of Rain Cements Limited.

N. Sujit Reddy

Mr. N. Sujith Kumar Reddy is Non-Executive Director of Rain Industries Limited. He holds a Bachelor's degree in Commerce. He has more than 18 years of experience in manufacturing and Construction Industry. He is the Managing Director of Rain Cements Limited, which manufactures and sells Cement under the brand name "Priya Cement". The Gross Turnover of Rain Cements Ltd is more than Rs.1,000 Crores. He is instrumental in doubling the Cement capacity to more than 3 million tons of Cement per annum and also building the dealer Network and increase of retail sales in Andhra Pradesh, Tamilnadu, Karnataka and Maharashtra States. He is also Director of Renuka Cement Limited, PCL Financial Services Limited, Arunachala Holdings Limited, Apeetha Enterprises Limited, Nivee Holdings Limited, Nivee Property Developers Private Limited, Rain Entertainments Private Limited and Pragnya Priya Foundation.

Varun Batra

Mr. Varun Batra is Additional Independent Director He is a graduate in mathematics from st. Xaviers's collge, mumbai and post graduate in management from the IIM, Ahmedabad.

Radhika Haribhakti

Surendra Rao

Shri. Surendra L. Rao is Non-Executive Independent Director of Rain Industries Limited. He is an economist, Distinguished Fellow, Emeritus at The Energy & Resources Institute (TERI), New Delhi, Board Member, Institute for Social and Economic Change, Bangalore, IIM Kozikode, CIRC-CUTS Institute of Regulation and Competition and Trustee, Bangalore International Centre and Aga Khan Foundation, India. He is Member of Advisory Committees including the Competition Commission of India, the Indian Energy Exchange. He has served for many years on other corporate and institutional Boards. He was Director-General, National Council of Applied Economic Research, Delhi from 1990 to 1996 and was the first Chairman of the Central Electricity Regulatory Commission. He had earlier spent 28 years in management positions in Unilever, Warner Hindustan and Beardsell, five years as management consultant and designed and ran the National Management Programme (1987 to 1990). He is a columnist in the "Telegraph", Kolkata, "Financial Express" and "Deccan Herald". He is a widely read commentator on policy issues in many national and international publications. He has authored or edited 15 books; the last 3 were "Powering India" (Academic Foundation, 2011), "From Servants or Masters? Evolution of Professional Management in India", (Global Business Press, 2007), and "Governing Power", (TERI Press, 2004). He is on the Boards of Honeywell Automation India Limited, Kanoria Chemicals and Industries Ltd, Global Trust Capital Finance Pvt Ltd, Insight Alpha Pvt Ltd and Rain CII Carbon (Vizag) Ltd. He is Chairman of Audit Committee and Member of Remuneration Committee of Honeywell Automation India Limited, Chairman of Remuneration Committee of Kanoria Chemicals and Industries Ltd and Chairman of Audit Committee and Member of Remuneration Committee of Rain CII Carbon (Vizag) Ltd.

H. Zutshi

Mr. H.L. Zutshi is Non-Executive Independent Director of Rain Industries Limited. He was the Chairman & Managing Director of Hindustan Petroleum Corporation Ltd.(HPCL). HPCL is engaged in petroleum refining, marketing and exploration activities and has an annual turnover of over USD 20 billion. He retired from HPCL in May 2002. HPCL was the successor company of ExxonMobil in India, after the latter's activities was taken over by the Government of India in 1974. Mr. Zutshi was also the Chairman of Mangalore Refineries and Petrochemicals Ltd (MRPL) a joint venture company between Aditya Birla Group of companies and HPCL, South Asia LPG Ltd. a joint venture between HPCL and TOTAL of France, HINCOL a joint venture between COLAS SA of France and HPCL and an Exploration & Production company called Prize Petroleum joint venture between HPCL and HDFC, ICICI and TDFC. He was a member of the Government of India appointed experience Sub-Committee for developing a policy paper on deregulation etc, which provided inputs for the Hydro Carbon Vision 2025. He was formerly Chairman of the Petroleum, Coal, Fertilizer and related products Division Council of Bureau of Indian Standards (BIS), New Delhi, Convener of the Financial Services Sector task force of the Department of Public Enterprises, which fixed annual performance targets of the Financial Services PSU's. He was also Advisor Energy & Hydrocarbon to Mittal S.a.r.l, Luxomberg. He was formerly Independent Director on the Boards of MMTC, MECON Ltd and IDBI Bank Ltd. Mr. Zutshi is presently Chairman and Managing Trustee of the Energy Research and Social Advancement Foundation, New Delhi and also an Independent Director on the Boards of Jaguar Overseas Limited, Rain CII Carbon (Vizag) Limited and Rain Commodities, Hyderabad. He is an Honors Graduate in Mechanical Engineering and was trained in Management at the Administrative Staff College (Hyderabad), Indian Institute of Management (Ahmedabad) and Templeton College, Oxford University, UK.

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