Board of Directors

SHAILESH S SHAH

MANAGING DIRECTOR

SHARAD SHAH

WHOLE TIME DIRECTOR

LOKANATH S MISHRA

INDEPENDENT DIRECTOR

SANGHAMITRA SARANGI

INDEPENDENT DIRECTOR

MAIKAL RAORANI

WHOLE TIME DIRECTOR & CFO

ANOOP DUBEY

WHOLE TIME DIRECTOR

NITIN ARVIND OZA

INDEPENDENT DIRECTOR

ABHISHEK JAIN

INDEPENDENT DIRECTOR

Mr. Shailesh Shah

Managing Director

Mr. Amarendra Mohapatra

Independent Director

Mr. Sharad Shah

Whole Time Director

Mr. Lokanath Mishra

Independent Director

Mr. Maikal Raorani

Whole Time Director & CFO

Ms. Sanghamitra Sarangi

Independent Director

Mr. Gopalakrishnan Mani

Whole Time Director

Mr. Nitin Arvind Oza

Independent Directors

Committees of the Board

- Audit Committee

Name of the Director Position on the Committee Nature of Directorship
Mr. Lokanath Mishra Chairperson Independent Director
Ms. Sanghamitra Sarangi Member Independent Director
Mr. Maikal Raorani Member Whole Time Director & CFO
Mr. Abhishek Jain Member Independent Director

- Nomination and Remuneration Committee

Name of the Director Position on the Committee Nature of Directorship
Mr. Lokanath Mishra Chairperson Independent Director
Ms. Sanghamitra Sarangi Member Independent Director
Mr. Amarendra Mohapatra Member Independent Director

- Stakeholders Relationship Committee

Name of the Director Position on the Committee Nature of Directorship
Mr. Lokanath Mishra Chairperson Independent Director
Mrs. Sanghamitra Sarangi Member Independent Director
Mr. Maikal Raorani Member Whole Time Director & CFO
Mr. Abhishek Jain Member Independent Director

- Corporate Social Responsibility Committee

Name of the Director Position on the Committee Nature of Directorship
Mr. Lokanath Mishra Chairperson Independent Director
Mrs. Sanghamitra Sarangi Member Independent Director
Mr. Maikal Raorani Member Whole Time Director & CFO
Mr. Abhishek Jain Member Independent Director

SHAILESH S SHAH

MANAGING DIRECTOR

Mr. Shailesh S Shah (DIN: 00006154), a postgraduate with more than three decades of extensive industrial experience, has been an integral part of the company since its inception. He has been instrumental in directing the expansion and advancement of the business. With his vast expertise, he oversees the marketing and operations of the company, ensuring smooth functioning since the commencement of its manufacturing activities. As the Managing Director, Mr. Shailesh S Shah’s leadership has been instrumental in driving the company’s strategic direction, fostering innovation, and maintaining a strong market presence. His extensive industry background has improved the company’s market position in addition to streamlining processes.

He holds directorship in the following companies:

1. Skytech Textiles Private Limited

SHARAD SHAH

WHOLE TIME DIRECTOR

Mr. Sharad Shah (DIN: 00006114) brings over 30+ years of extensive experience in administration and business management. Since the inception of the company, he has been at the helm of the Elastic Division, playing a pivotal role in its expansion and success. His strategic vision, coupled with his in-depth industry knowledge, has been instrumental in positioning the division as a market leader.
Beyond his leadership in the Elastic Division, Mr. Shah’s expertise in administration ensures operational efficiency and seamless workflow across various functions of the company. His commitment to excellence and continuous growth has not only strengthened the division but also contributed significantly to the overall success of the company.
He holds directorship in the following company:

1. Skytech Textiles Private Limited

LOKANATH S MISHRA

INDEPENDENT DIRECTOR

Mr. Lokanath Suryanarayan Mishra (DIN: 03364948) is an experienced advocate with over 15 years of practice at the Bombay High Court. Holding degrees in LLB and Commerce (B. Com), he has developed specialized expertise in Indian corporate law. Mr. Mishra handles complex legal matters involving the Securities and Exchange Board of India (SEBI), the Securities Appellate Tribunal (SAT), and the Bombay Stock Exchange (BSE). In addition to his litigation expertise, he provides strategic legal counsel, ensuring regulatory compliance across various industries. Renowned for his comprehensive understanding of corporate governance, financial regulations, and securities laws, Mr. Mishra is known for delivering practical solutions, earning him the trust of both corporate entities and individual clients.

He holds directorship in the following companies:

1. Jaganathdham Super Structures Pvt Ltd
2. Minaxi Suppliers Pvt Ltd
3. Sumita Management Constancy Private Limited
4. Procentris (India) Private Limited

SANGHAMITRA SARANGI

INDEPENDENT DIRECTOR

Mrs. Sanghamitra Sarangi (DIN: 08536750) is a qualified company secretary with a Bachelor’s Degree in Law. She has about ten years of experience and expertise in the secretarial and legal compliance fields. Her experience includes managing investor complaints pertaining to share transfers, ROC Filing, audits, and due diligence. In addition to her legal acumen, she possesses a good understanding of the business environment, business risks, controls, accounting, and financial reporting issues. Her association is of immense benefit to the company, especially given her wealth of expertise, academic background, and experience.

She further holds directorship in the following companies:

1. Suncity Synthetics Limited
2. Nutricircle Limited
3. RRP Semiconductor Limited

MAIKAL RAORANI

WHOLE TIME DIRECTOR & CFO

Mr. Maikal Raorani (DIN: 00037831), is an Engineer and an MBA Graduate. With more 20 years of extensive experience, he has developed expertise across multiple domains, including production, marketing, finance, commercial operations, and legal affairs. His experience has helped the Company to emerge as one of the leading Technical Textiles Company in the Country. His expertise in financial management and legal affairs has ensured that the company navigates complex regulatory environments with ease while maintaining profitability.

Additionally, his ability to integrate operational efficiency with market-driven strategies has led to increased customer satisfaction, a stronger market presence, and the establishment of long-term business alliances. Under his guidance, the company continues to innovate, optimize resources, and drive sustainable growth in an increasingly competitive industry.

Further, he holds directorship in the following company:

1. Skytech Textiles Private Limited

NITIN ARVIND OZA

INDEPENDENT DIRECTOR

Mr. Nitin Arvind Oza (DIN: 03198502), a Chartered Accountant certified by The Institute of Chartered Accountants of India, has over 25+ years of expertise in audit, strategy, risk management, finance, taxation, and real estate projects. His deep financial expertise and strategic acumen have made him a trusted advisor in these domains.

Currently practicing as a Chartered Accountant, Mr. Oza brings a wealth of knowledge to his role as a Non-Executive Independent Director on the company’s board. He plays a pivotal role in overseeing investment strategies, financial planning, and risk assessment, ensuring the company maintains a strong financial foundation.

He holds directorship in the following companies:

1. Suncity Synthetics Limited
2. Deccan Bearings Limited
3. RRP Semiconductor Limited
4. Nutricircle Limited