BOARD OF DIRECTORS

Mr. Umesh R. Lahoti, 49, is a Managing Director of our Company. He is also one of the Core Promoters of the Company. He has done his graduation in Commerce from Shivaji University, Solapur. After completing his graduation, he has joined family business of wholesale cloth trading. He has more than 28 years of experience in the business of yarn and clothing trading. He has been associated with various family business and have experience in the field of construction, textile, spinning and exports of cotton yarns. Presently, He is looking after day to day operations and management of the company.

Mr. Ujwal R. Lahoti, 55, is a Director of our Company. He is also one of the Core Promoters of the Company. He has done his graduation in Commerce from Pune University. He has more than 32 years of experience in the business of yarn and cloth trading. He is handling day to day activities of the company which includes cloth trading, share trading, Leasing and Bill Discounting. He is responsible for overall operations of the company.

Mr. Prakash R. Bang, 57, is a Non-Executive Independent Director of our Company. He has completed his Bachelors in Science and MBA in Marketing and MIMA from Pune. He has over 38 years of experience in the field of Finance and Marketing. He was also the past President of the Lions Club of Pune. He the promoter of two proprietary concerns M/s Quiksel Communications and M/s. Prakash Bang’s Personal Mart. He is the author of the critically acclaimed book. “ Your Enterprise Isn’t Dead, Yet”. He is also regular speaker at various management institutions and Professional Bodies. He joined our company on May 16, 1991 as an Independent Director.

Mr. Sanjay Soni, 35, is a Non-Executive Independent Director of our Company. He is a Chartered Accountant by qualification. He is a graduate in Commerce from “Commerce Collage”, University of Rajasthan, Jaipur. He went on to pursue higher education for CA and received Fellow Membership of Chartered Accountant from the Institute of Chartered Accountants of India in 2009. In 2004 he joined M/s. Lahoti Navneet & Co, Chartered Accountant firm and become partner in the year 2007. He has diverse exposure in Audit of Corporate entities, Partnership Firms, Trusts, Societies etc and have hands in the area of indirect taxations, financial due diligence, supervision and statutory audit of different entities, trading houses, construction companies, stock broking entities, etc. He joined our Company on May 12, 2011 as an Independent Director.

Mrs. Meghna Vijay Panchal, is a Non-Executive Independent Director of our Company. She is appointed on the Board in February, 2015 thereby fulfilling the requirement of a Woman Director on the Board of the Company and since then has been providing valuable inputs. She holds a Bachelors degree in Arts and has experience in Business Administration.

Mr. Rajesh Bangera, 40, is the Chief Financial Officer of our Company. He holds a Bachelors degree in Commerce and has joined the Board since February 2015. He has a rich experience of 18 years in accounts and finance field.

Ms. Pragati Sawant, is the Company Secretary of our Company. She is an Associate Member of the Institute of Company Secretaries of India and has joined our Company since February 2015.
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