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BOARD OF DIRECTORS

About us

Gautam N. Mehra
Chairman and Managing Director

Gautam N. Mehra (DIN - 00296615) is a Chemical Engineer and has an MBA from University of California (Berkeley). He has total experience of nearly three decades in the industry.

He has successfully led the core business of Petroleum Specialties of the Company to new heights year after year. His entrepreneurial vision, led the Company to successfully explore the Renewable Energy sector and launch its own brand of automotive lubricants – ‘SAVSOL’.

Under his leadership and guidance, the Company has grown from strength to strength to establish itself as the market leader in the petroleum specialties segment in India.

He was re-appointed as the Managing Director w.e.f. 1st October, 2012 till 30th September, 2015 with Basic Salary in the scale of Rs.3,00,000-35,000-3,70,000, HRA of 25% of Basic Salary or housing, Education Allowance, Special Allowance, Medical reimbursement, LTA, Bonus, Performance Linked Incentive, PF, Gratuity, Leave Entitlement & Encashment, Conveyance and Telephone facilities in line with the Policies of the Company, at the AGM held on 18th August, 2012.

C. V. Alexander
Executive Director

C. V. Alexander (DIN - 00253736) has a master’s degree in Arts and is also a qualified law graduate. He has more than 50 years of experience in the fields of Taxation, Finance, and Corporate Law. He has served the Company for nearly five decades.

He is associated with the Company as an Executive Director and the Company is immensely benefitted with his acumen in the above mentioned fields. He is a member of the Corporate Social Responsibility Committee of the Company.

He was re-appointed as the Whole-time Director w.e.f. 1st October, 2014 till 30th September, 2015 with Basic Salary of Rs.1,28,400, HRA of 25% of Basic Salary, Education Allowance, Special Allowance, Medical reimbursement, LTA, Bonus, Performance Linked Incentive, PF, Gratuity, Leave Entitlement & Encashment, Conveyance and Telephone facilities in line with the Policies of the Company, at the AGM held on 6th September, 2014.

Sanjeev R. Pandit
Non-executive Director

Sanjeev R. Pandit (DIN – 00131424) is a commerce graduate and is also a member of the Institute of Chartered Accountants of India. He has experience of over 33 years in the profession of Chartered Accountancy.

He is one of the Independent Directors on the Board of the Company. Presently, he is the Chairman of the Audit Committee and a member of the Corporate Social Responsibility Committee and also the Nomination and Remuneration Committee of the Company. He is also a Director of India SME Asset Reconstruction Company Limited.

View Appointment Letter

Ninad B. Karpe
Non-executive Director

Ninad B. Karpe (DIN – 00030971) is a commerce graduate, has completed LL. B. (Gen.) and is also a member of the Institute of Chartered Accountants of India. He is the Chairman of the Stakeholders’ Relationship Committee and a member of the Audit Committee and also the Nomination and Remuneration Committee of the Company.

He is currently the Managing Director and CEO of Aptech Limited. He was earlier Managing Director of CA (formerly known as Computer Associates) for India and SAARC countries. He has authored books on taxation while in profession and he was also a part-time lecturer at H. R. College, Mumbai and a guest lecturer at Jamnalal Bajaj Institute of Management Studies, Mumbai. He is the Independent Director on the Board of the Company.

View Appointment Letter

Mr. Harit A. Nagpal
Non-executive Director

Harit A. Nagpal (DIN – 00481307) is a Chemical Engineer from Punjab University, Chandigarh and has also completed MBA from Faculty of Management Studies, University of Delhi. He has over three decades of experience in the industry.

He is currently the Managing Director and CEO of Tata Sky Limited. He is the ex-President of DTH Operators Association of India. He has previously worked for reputed brands like Lakme, Marico, Pepsi, Shoppers’ Stop and Vodafone.

He is the other Independent Director on the Board of the Company. He is the Chairman of the Nomination and Remuneration Committee and a member of the Audit Committee of the Company.

View Appointment Letter

Ms. Meghana Dalal
Non-executive Director

Ms. Meghana Dalal (DIN – 00087178) is a commerce graduate and a Fellow Member of the Institute of Chartered Accountants of India. She has experience in professional practice for the last 29 years specialising in Management of Corporate Emoluments across various Industries. She is also a Director of Chetan Dalal Investigation and Management Services Private Limited.

She is engaged with the Company in the capacity as an Independent Director.

View Appointment Letter

Terms of appointment of Non-executive Directors -

Mr. S. R. Pandit, Mr. N. B. Karpe and Mr. H. A. Nagpal have been appointed as Independent Directors for a term upto 31st March, 2019 at the AGM of the Company held on 6th September, 2014. Ms. Meghana Dalal was appointed as an Additional Director on the Board of the Company in the Board Meeting held on 31st October, 2014.

As approved at the AGM held on 24th August, 2013, the Directors other than in the whole-time employment of the Company are entitled to a commission not exceeding 1% per annum of the net profits of the Company subject to a ceiling of Rs.3,00,000 each per annum and sitting fees as are prescribed under the Companies Act.

Familiarisation Program for Independent Directors