Chiarman & Managing Director

Mr. Ajayprakash Kanoria, is the Chairman and Managing Director of our Company. He holds a Bachelor‘s degree in Commerce from Nagpur University and has also passed intermediate level of Chartered Accountancy course. He has an experience of 35 years in the cutting tools industry. He has acquired the technical expertise from his father when he joined his family business. Mr. Ajayprakash Kanoria is guiding force behind the strategic decisions of our Company and looks after the all prominent activities of our Company including but not limited to planning and formulating the overall business strategy and developing business relations for our Company. With his strategic planning and strong business development attitude, he can solely be credited for the growth of Company. With his precision for the quality of products manufactured under the Brand the Company has been able to gain the trust and appreciation of the customers for its products. He is one of the Promoters and first Director of our Company.

Whole-time Director

Mrs. Alka Kanoria, Mrs. Alka Kanoria, aged 55 years is a Whole-time Director of our Company. She holds a Bachelor‘s Degree in Science from Lucknow University. With her strong management skills, she handles the administrative office in a very planned and systematic manner. She was appointed as the Director of our Company on December 15, 2000 and designated at current position w.e.f. July 17, 2008.

Chief Financial Officer

Mr. Vishnu Sontakke, aged 52 years, has done his Masters in Commerce from Nagpur University. He has 31 years of experience in accounting practices. He has working knowledge in Excise related filings and maintenance of records, Custom related documentation, Service tax, TDS, VAT etc. At present, he is Chief Financial Officer of our Company and he looks after the financial, accounting, taxation and other statutory matters related to Our Company.

Company Secretary & Compliance Officer

Ms. Shruti Sohane, aged 26 years, is the Company Secretary and Compliance Officer of the Company. She has qualified the Company Secretary course from the Institute of Company Secretaries of India, New Delhi, and holds associate membership of the same. She is also commerce graduate from University of Nagpur. At present, she looks after the secretarial matters, oversees the Corporate Compliance Program and other statutory matters of our Company.

Independent Directors

Mr. Rahul Bagdia, is Non Executive Independent Directors of our Company. He has more than 13 years of professional experience in Business, Technology, Research & Development, Emerging Markets Modeling & Market Development in USA, Europe and India. Mr. Bagdia holds Dual Masters in Mechanical Engineering and Electrical Engineering Systems from the University of Michigan, Ann Arbor, USA.

He is Co-founder and Director of pManifold Business Solutions Private Limited, a Global Management Consulting company that enables emerging businesses to improve, scale-up and/or diversify sustainably through its services in Consulting, Research, Stakeholder Engagement and Training. He is also an Independent Director of Vibrant Global Capital Limited. With his vast business experience and corporate insightfulness, he contributes his professional competency as an Independent Director to our Company. He was appointed as an Independent Director of our Company w.e.f. from April 8, 2015. (Resignation received dated December 11, 2017.)

Mr. Mahesh Moris Non Executive Independent Directors of our Company. He holds a Bachelor‘s degree in Commerce from Nagpur University. He has more than 25 years of business experience in managing a soft drink bottling plant, micro financing, consumer durables, vehicles investments, etc. He keeps himself abreast with the developments in various industries and is good at analyzing the financial strategies of Companies. With his financial expertise and enriching experience, he provides insightful inputs as the Independent Director of our Company. He was appointed as an Independent Director of our Company w.e.f. from April 8, 2015.

Mr. Ravindra Loiya is Non Executive Independent Directors of our Company. He holds a Bachelor‘s degree in Commerce from Nagpur University. He has more than 25 years of rich experience in steel industry, real estate business, etc. As an Independent Director of our Company, his business acumen provides the requisite value addition to our Company. He was appointed as an Independent Director of our Company w.e.f. from April 24, 2015.

Mr. P.C. Ramachandran is Non Executive Independent Directors of our Company. He has done Diploma in Mechanical Engineering in 1962 from Government Polytechnic College, Kannur, Kerala state. He has very wide experience in Machine Tool Industry.  He has worked in HMT for about 16 years and thereafter was a freelance Machine Tool Service Consultant for more than 9 years. He has got vast experience in selection of machines and maintenance of various taps on machine tools. Presently he is engaged in marketing of various machine tools and representing companies like BFW-Bangalore, Gee Dee Weiler – Coimbatore, PSG Coimbatore, etc. With his vast business experience and technical insightfulness, he shall contribute his professional competency as an Independent Director to the Company. He was appointed as an Independent Director of our Company w.e.f. from September 10, 2016.