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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, 2015 till 30th September, 2018 with Basic Salary in the scale of Rs.3,70,000 – Rs.35,000/- - Rs.4,40,000, 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 12th September, 2015.

Siddharth G. Mehra
Executive Director

Siddharth G. Mehra (DIN - 06454215) is a Bachelor of Science in Technical Systems Management from University of Illinois at Urbana - Champaign, IL, USA (2012). He also had acquired Masters Degree of Science in Management from London School of Economics and Political Science, UK (2014).

The Board of Directors in its meeting held on 27th May, 2017 appointed him as an Additional Director of the Company from 1st July, 2017. The Board in its meeting held on 28th July, 2017 appointed him as a Whole-time Director of the Company for a period from the date of 56th AGM upto 30th September, 2021 which was approved by the Members at the said AGM held on 29th September, 2017, with Basic Salary of Rs.1,35,000, 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.

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, 2017 till 30th September, 2018 with Basic Salary of Rs.1,61,000, 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 29th September, 2017.

Suhas M. Dixit
Executive Director

Suhas M. Dixit (DIN - 02359138) is a Member of the Institute of Chartered Accountants of India as well as a Member of the Institute of Cost Accountants of India. He has vast experience in the fields of Finance and Taxation spanning over 3 decades. He has been working as the Chief Financial Officer of the Company.

The Board of Directors in its meeting held on 27th May, 2017 appointed him as an Additional Director of the Company from 1st July, 2017. The Board in its meeting held on 28th July, 2017 appointed him as a Whole-time Director of the Company for a period from the date of 56th AGM upto 30th September, 2020 which was approved by the Members at the said AGM held on 29th September, 2017, with Basic Salary of Rs.2,45,000, 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.

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 3 decades 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.

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 Nomination and Remuneration Committee of the Company.

He was Managing Director and CEO of Aptech Limited with earlier assignments as 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

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

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 over 3 decades 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. She is a member of the Audit Committee of the Company.

View Appointment Letter

Ravindra Pisharody
Non-executive Director

Ravindra Pisharody (DIN – 01875848) holds Bachelor’s degree in Technology (B. Tech) from IIT, Kharagpur and Post-Graduate Diploma in Management (PGDM) from IIM, Calcutta.

He is a Senior Management Professional with over 35 years of executive experience and he has held National, Regional and Global leadership roles in Sales & Marketing, Strategy Development, BU Lead/CEO, etc. with Philips India, British Petroleum/Castrol. His last assignment was with Tata Motors as an Executive Director – Commercial Vehicles.

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

View Appointment Letter

Simran G. Mehra
Non-executive Director

Ms. Simran G. Mehra (DIN - 06449809) has completed her Bachelors of Science in Business Administration from Boston University, USA and a Management Programme offered by Indian School of Business, Hyderabad, Telangana. She has expert knowledge in business administration and project management.

She was appointed as a Non-executive Director by the Members of the Company at the Annual General Meeting of the Company held on 29th September, 2017.

View Appointment Letter

Terms of appointment of Non-executive Directors -

Mr. S. R. Pandit, Mr. N. B. Karpe and Mr. H. A. Nagpal were 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 Independent Director for a term upto 31st March, 2019 at the AGM of the Company held on 12th September, 2015. Mr. Ravindra Pisharody has been appointed as an Additional Director categorised as an Independent Director on the Board of the Company through circular resolution of 19th December, 2017 effective 1st January, 2018. Ms. Simran G. Mehra was appointed as a Non-executive Director at the AGM of the Company held on 29th September, 2017 effective 1st January, 2018.

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