Corporate Governance

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 Independent Directors are as under:

Mr. Udeypaul Singh Gill is a board-level business leader with over four decades of experience as an executive and strategist. Renowned for his expertise in building new businesses, driving leadership development, and championing sustainability initiatives. Mr. Gill has made significant contributions towards strategic innovation, carbon neutrality and energy transition. His multifaceted career spans industries such as natural and synthetic fibers, chemicals, fertilizers, banking, textiles, and management consulting.

Mr. Gill’s achievements have been recognized with prestigious accolades, including the “Lifetime Achievement Award” from CIRFS and WFC Dornbirn, as well as the “Manager of the Year Award” from the Northern India Management Association.

He currently serves as Partner at Gherzi Consulting Zurich and is a board member of the International Textile Manufacturers Federation, Vardhman Textiles Limited, and Biotexfuture Germany.

He holds a master’s in Business Administration (MBA) from PAU, Ludhiana and B.Sc. (Honours) in Economics.

Mr. Dinesh Nolkha, aged 56 years is the Chairman & Managing Director of Nitin Spinners Ltd., Bhilwara.

He is a fellow member of The Institute of Chartered Accountants of India and The Institute of Cost & Management Accountants of India. He has also been conferred CA Business Leader Award by The Institute of Chartered Accountants of India.

He is a member of various Industrial Associations. Presently he is Vice chairman of CITI (Confederation of Indian Textiles Industries). Earlier he has served as President of Mewar Chamber of Commerce and Industry, Bhilwara, Rajasthan and Chairman of NITRA, Ghaziabad.

Mr. Ruzbeh Irani, aged 63 years is a seasoned business leader with over four decades of global experience spanning human capital, strategy, brand, and international operations. Most recently, he served as President – Group Human Resources at the Mahindra Group and was a member of the Group Executive Board, where he played a central role in shaping the Group’s leadership architecture, culture, and values-driven approach to growth.

He completed his Bachelor’s degree in Commerce from Bombay University in 1983. He went on to receive his Masters in Management Studies from the Jamnalal Bajaj Institute of Management Studies, Mumbai in 1985.

He is an alumnus of the Advanced Management Program (AMP) at the Harvard Business School (2010).

As President – Group Human Resources of the Mahindra Group from April 2020 to April 2026, he led talent transformation in the Group. This included significantly strengthening Mahindra as a talent brand, recruiting multiple top talent across businesses and functions, transforming internal talent in the Group through three Group-wide talent programs and promoting seamless talent mobility across Group companies. During this period, he was also responsible for Corporate Social Responsibility and Corporate Infrastructure Services. He was a member of Mahindra’s Group Executive Board till 1st April 2026, and was the Chief Ethics Officer of the Group.

He joined the Mahindra Group in March 2007, as Executive Vice President – Corporate Strategy, to head the Group’s Strategy function. He has served as the Chief Brand Officer of the Group, spearheaded Mahindra’s entry into racing and led the development of the Group’s brand position and core purpose, ‘Rise’. He was the CEO of International Operations for the Automotive and Farm Equipment Sectors of M&M.

He worked with Hindustan Lever and Unilever for close to 22 years (1985 – 2007). This included stints as Brand Manager – Surf (with Hindustan Lever), Marketing Manager – Home and Personal Care (with Unilever Central Asia, based in Istanbul), Regional Manager – Western India (with Hindustan Lever), Vice President – Customer Development (with Unilever’s Africa Regional Group) and Customer Development Director on the Board of Unilever Maghreb (based in Casablanca).

He currently works in a leadership advisory capacity with the Mahindra Group. He also currently serves on the boards of Mahindra Group companies, including Mahindra Holidays & Resorts India Limited, and has held directorship roles across a range of businesses within the Group.