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VST Industries Ltd (VSTI.NS)

VSTI.NS on National Stock Exchange of India

3,368.45INR
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Summary

Name Age Since Current Position

Pradeep Bhide

68 2018 Chairman of the Board

Anish Gupta

2014 Chief Financial Officer, Vice President - Finance

Phani Mangipudi

2017 Compliance Officer, Company Secretary, Head of Legal & Secretarial

Devraj Lahiri

44 2017 Managing Director, Whole Time Director

N. Sai Sankar

2017 Whole Time Director

Naresh Sethi

51 2018 Director

Mubeen Rafat

2014 Non-Executive Director

S. Thirumalai

2005 Non-Executive Independent Director

Biographies

Name Description

Pradeep Bhide

Mr. Pradeep Vasudeo Bhide is Chairman of the Board of the Company. He was Additional Director of the Company. He is a former Senior lAS Official and former Secretary in the Ministry of Finance. He spent 27 years in the Indian Government Administrative Service, and has worked both at National and State levels. Mr. Bhide was Secretary of the Department of Revenue, Ministry of Finance from 2007-2010. He has also held other senior roles in the Ministry, including Joint Secretary and subsequently Secretary, Department of Disinvestment, and Deputy Secretary, Department of Economic Affairs. In addition, he has also served as Special Secretary, Ministry of Home Affairs, and as Advisor to India's Executive Director to the International Board for Reconstruction and Development in Washington D.C. Mr. Bhide was Managing Director of the Apex Cooperative Marketing Society for Handloom (APCO) from 1981-1983, and was Managing Director for listed fertiliser manufacturer Godavari Fertilisers from 1997-2002. Since retiring from Govermnent service in 20I0, Mr. Bhide has been active in the private sector, serving in a number of Non-Executive roles, primarily in Indian listed companies and subsidiaries of multinational companies across a variety of industries. Mr. Bhide is Chairman of the Hyderabad-based, privately-owned venture capital group APIDC Venture Capital Ltd. He presently sits as Director for Heidelberg Cements (India) Ltd., GlaxoSmithKline (India) Pharmaceuticals Ltd., NOCIL Ltd., Tube Investments India Ltd., Larsen & Toubro Financial Holdings and Larsen & Toubro Finance Ltd., BILT Paper B.V. and, in addition, he has served as Advisor on the India Advisory Board for Joshi Technologies International Inc., Deutsche Telekom and Citibank (India). Mr. Bhide obtained his B.Sc. in Chemistry (Hons.) in 1970 and his LL.B in 1973, both from Delhi University. He later obtained his M.B.A. with specialisation in Financial Management from Indira Gandhi National Open University in 2002.

Anish Gupta

Mr. Anish Gupta is the Chief Financial Officer, Vice President - Finance of VST Industries Limited. On 23 April 2014 the Board has appointed, the existing Vice-President-Finance Mr. Anish Gupta as Chief Financial Officer.

Phani Mangipudi

Devraj Lahiri

Mr. Devraj Lahiri is re-designated as Managing Director, Whole Time Director of the Company effective November 28th, 2017. He is currently serves as Deputy Managing Director, Whole -Time Director of VST Industries Limited, July 1, 2016. Mr. Devraj Lahiri is a Commerce graduate from Calcutta University and Masters in Business Administration from Indian Institute of Social Welfare and Business Management, Kolkata. He joined the Company in 2001 and has made contributions during his association with the Company. He is a member of the Committee of Directors and Shareholders Grievance Committee of the Company.

N. Sai Sankar

Mr. N. Sai Sankar is re-designated as Whole Time Director of the Company effective November 27th, 2017. He is currently serves as Managing Director, Whole Time Director of VST Industries Limited. He resigned as Company Secretary, Compliance Officer of the Company effective October 19, 2012. He is a B.Com (Hons.) from St. Xavier's College, Kolkata and is a member of Institute of Chartered Accountants of India, Institute of Cost & Works Accountants of India and Institute of Company Secretaries of India. He has about 29 years of experience in Finance and Accounting field. Mr. Sai Sankar joined the Company in 1995 and has made contributions during his association with the Company. He is a member of the Committee of Directors and Shareholders Grievance Committee of the Company. He is also a director on the Board of the Tobacco Institute of India. He acts as the Secretary of the Audit Committee. Previously he served as Finance Manager, Palmtech India Ltd.

Naresh Sethi

Mr. Naresh Kumar Sethi is Director of the Company. He has held various marketing roles in India, Indonesia, West Africa Area and Australasia prior to moving to Japan as President ofBritish American Tobacco Japan. In December 20II Mr. Sethi became the first Indian!Asian to be appointed to the Management Board ofBritish American Tobacco reporting to the CEO. In 2013 he became the Director for the Western Europe Region. Since 2017 he is the Business Development Director responsible for Strategy, Enterprise Transformation, Global IT and Global Business Services. He was also responsible for the integration of newly acquired Reynolds American. Since 2011, Mr. Sethi has been on the advisory Board of Hands On Tokyo, a Non-Profit organization based in Tokyo. Mr. Sethi is a chemical engineer from Indian Institute of Technology, Varanasi and has an MBA from the Indian Institute ofManagement, Calcutta, India.

Mubeen Rafat

S. Thirumalai

Mr. S. Thirumalai is Non-Executive Independent Director of VST Industries Limited since October 2005. Mr. S. Thirumalai is a Commerce and Law Graduate and is a Fellow Member of Institute of Chartered Accountants of India and Institute of Company Secretaries of India. He is also a Certified Associate of the Indian Institute of Bankers. He attended the Advanced Management Program at Harvard Business School, Boston, MA (USA) in 1992. He has over 30 years of experience in manufacturing industry covering all aspects of Finance, Taxation and General Management (including three years with Reserve Bank of India/Unit Trust of India as an Officer). He is now the Senior Advisor to the consulting firm Deloitte Touche Tohmatsu India Private Limited.

Basic Compensation

Name Fiscal Year Total

Pradeep Bhide

--

Anish Gupta

4,857,400

Phani Mangipudi

--

Devraj Lahiri

12,458,000

N. Sai Sankar

34,118,500

Naresh Sethi

--

Mubeen Rafat

--

S. Thirumalai

--
As Of  31 Mar 2015