The company is managed by a Board comprising Eight Directors ( Chairman, Managing Director, Joint Managing Director, Whole Time Woman Director & 4 Independent Directors) having vast experience and expertise in different fields. Details of Directors are as under:
Board of Directors
BOARD OF DIRECTORS
Rakesh Mehra
He is Chairman & Whole Time Director of the Company and looking after over all affairs of the Company. He is Chartered Accountant having 38 years’ experience in the Textile Industry. Ex-Chairman of the Synthetic & Rayon Textiles Export Promotion Council (SRTEPC) and looking after the commercial and financial activities besides export sales of Yarn and Automotive Fabric Business.
Ravindrakumar Toshniwal
He is Managing Director of the Company and looking after overall activities of the company with an emphasis on export of Fabrics & Garments. He is having over 37 years’ experience in textile industry. He has travelled extensively to Europe, USA and other developed countries to promote the products of the Company. He has attracted a number of reputed buyers from all over the world as a result by of which the exports of the Company have increased substantially over the last thirteen years.
Shaleen Toshniwal
He is Joint Managing Director of the Company and looking after readymade garment business of the company. He is having over 21 years’ experience in the textile industry. He looks after all the five readymade garment units of the Company at Daman and Surat.
Kavita Soni
Mrs. Kavita Soni has done her BA (Hons.) in Economics from St. Xavier’s College, Mumbai University in 1986. She has over three & half decade of professional experience in setting up manufacturing units, trading houses, assisting educational institutes, charitable organizations and supporting self-help groups etc. in India and UAE. She has a varied experience in Business Administration, HR and Finance etc. She has attended numerous international trade shows, business conferences and workshops wherein she has gained expert knowledge in the field of business laws, compliances, HR and international procurement.
Since 2011 Mrs. Kavita Soni has been closely working with Banswara Syntex Group of Companies and its subsidiaries wherein she has shouldered responsibilities as Sr. VP – HR & CSR. In this role, her critical responsibilities include Talent Management & Development, development of leadership pipeline and driving various CSR initiatives of the Company. She has been responsible for General Administration and Facility Management of all the factories and office spaces of the Banswara Syntex Group entities.
Parduman Kumar
Mr. Parduman Kumar, aged 79 years, is a Chartered Accountant. He is on the Board of the company for the last 14 years. He is a senior banking professional and retired as Chief General Manager of IDBI. He looked after various project appraisal, financing, monitoring and recoveries during his tenure with IDBI. He has also worked with Reserve Bank of India.
Vijay Mehta
Mr. Vijay Mehta, aged 63 years, is a renowned Stock broker and financial consultant. As an astute orator, he has been invited at various forums all over the world to present papers on economic reforms and changes in financial services industry. He was a part of an Indian delegation invited by the Chinese Government in May, 2005 to explore trade opportunities with China. He has been associated with a number of business associations and he is also on the Board of Directors of several other companies. Mr. Mehta is also director of Jaipur Stock Exchange Association Limited. Mr. Mehta is engaged in social activities since he was a school going boy. He leads a business group, involved in stock Broking, Commodities, Merchant Banking & wealth management consisting of Mefcom Capital Markets Ltd., Mefcom Securities Ltd. and Mefcom Commodities Brokers Ltd.
Vijay Kumar Agarwal
D. P. Garg
Mr. D. P. Garg, industrialist, aged 68 years, is on the Board of the Company for the last 12 years. He is a graduate in Mech. Engineering from University of Delhi and has done Masters in Industrial Engineering from Illinois Institute of Technology, Chicago, U.S.A. He has vast experience in Projects execution, implementation, monitoring and Import & Export trade.
S. B. Agarwal
Mr. S. B. Agarwal, aged 77 years, Consultant, is on the Board of the Company for the last 10 years having over all 44 years of professional experience. He is M Com, M A (Eco.) LLB, FCA has been a pioneer in the textile industry. As the Group Executive President (Textile) of Grasim Industries Ltd. and Advisor to Indian Rayon Ltd., he was also responsible for the various textile units in India and South-East Asia.
Dr. Vaijayanti Ajit Pandit
Dr. Vaijayanti Pandit, aged 63 years, is the Sr. Vice President Jaro Education and headed FICCI West as Sr. Director from 2006-12 prior to which, She was a Secretary Indian Merchants’ Chamber Mumbai. She has worked extensively with the Ministry of Textiles, GOI on several projects.
Dr. Pandit is a Ph. D. in Entrepreneurship Management from Jamnalal Bajaj Institute of Management Studies, (JBIMS) has a Masters in Political Science and had topped the Pune University for graduation. She has been a consultant to International Labour Organisation(ILO) and has been honoured with a Maharashtra Gaurav Puraskar.
Jagdeesh Mal Mehta
Mr. Jagdeesh Mal Mehta has career spanning for over 51 years and since 1971, he has been CEO with total responsibility of a Company reporting directly to chairman. He has an Excellent track record in managing various types of companies like, oil & Gas (Refinery), Textiles, Chemicals , Power , News Paper etc.
David Vlerick
Mr. David Vlerick, aged 36 years, is a Masters Degrees in Law from the Katholieke Universiteit Leuven and in General Management and Human Resources from the Vlerick Business School, both in Belgium. Additionally, he participated in an exchange programme at City University of Hong Kong and has obtained the CFA charter and CAIA designation.
David has since worked in Finance throughout his career, both in M &A (notably at UBS) as well as in Private Equity (notably at 3i Group). He joined the Family Group (Vlerick Group) in 2015 where he acts as the Investment Officer as well as being a Board Member in a number of core industrial participations
Narendra Ambwani
Mr. Narendra Ambwani, aged 75 years, is a professionally trained executive coach and business advisor. He brings with him experience of over 34 years of work with renowned multinational Johnson & Johnson. He was Managing Director in Indonesia for 5 years followed by appointment as MD in India in 1995. He completed his corporate career in April 2009.
Shri Narendra Ambwani serves on boards of leading corporates in India and acts as business strategy advisor. He mentors and guides CEO level leaders to successfully handle their multiple challenges. He brings with him outstanding marketing and general management experience to the board.
Ajay Sharma
Mr. Ajay Sharma is a MBA (Finance) from R A Poddar Institute of Management (University of Rajasthan), ICWA (Inter) and CAIIB from Indian Institute of Banking and Finance. He has over 35 years of post-qualification experience in IDBI Bank having diverse experience in areas like Corporate Finance, Finance & Accounts Department, Human Resources, Training, Internal Audit, Treasury, Syndication and Sourcing department.
Mr. Sharma was appointed as Executive Director & Chief Financial Officer of IDBI Bank since 2017 to 2021 and as Executive Director – Human Resources & Training from June, 2021 to October, 2022. Further, he was appointed as the Nominee Director of IDBI Bank on Board of various listed/unlisted companies. In his last assignment, Mr. Sharma was an Advisor – HR & Training of IDBI Bank till May, 2024.
Rahul Mehta
Mr. Rahul Mehta is a Commerce Graduate (B. Com) and has completed an MBA from Jamnalal Bajaj Institute in 1971. He has over 40 years of experience in the Garment Industry. He joined the Creative Group as Partner and Managing Director in 1982 and was responsible for the Group launching some of the most iconic Brands in the Domestic Industry including UFO Jeans, Creative Cottons, 109F, Fusion Beats, Portico, and Urban Republic.
Mr. Mehta has been the Past President of the Clothing Manufacturers Association of India (CMAI) for 15 years and currently, he is the Chief Mentor to CMAI since 2020.
He is also the Past President of the International Apparel Federation (IAF) based out of the Netherlands. He is the first Indian to be elected as President of the IAF, and only the second Asian to be in this position in the 40 years history of IAF.
Mr. Mehta is actively involved in Education, and is Chairman – Advisory Board of the School of Fashion Technology, Pune, and passionately committed to the evolving trend of Sustainability in the Domestic Garment Industry.