Board of Directors

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Mr. Mahesh P Babani
Chairman & Managing Director
Mr. Mahesh P Babani took reins of Privi Organics Limited in 1989 and is currently the Chairman & Managing Director of Privi Organics India Limited.
It has been his passion that has driven the Company from a start-up to its current scale. He is involved in formulation of long-term strategy, business development and financial management of the Company. Over the past 2 decades, he has travelled extensively across the globe and has deep knowledge of the entire value chain of Aroma Chemical Business.
His knowledge extends from sourcing of raw materials to their processing and to the final consumers of Aroma Chemicals. His vision, perseverance, motivation and extensive knowledge of global aroma chemical markets have helped PRIVI to reach the current position. He has strong relationships across the management level of PRIVI’s customers, suppliers and other stake holders.
Mr. Mahesh Babani is a Commerce Graduate and has operational and managerial experience of over 30 years.
He is serving as a Director on board of Fairchem Speciality Limited, Privi Organics Limited, Babani Investment & Trading Pvt. Ltd, Privi Biotechnologies Pvt. Ltd., Minar Ogranics Pvt. Ltd, Satellite Technologies Pvt. Ltd
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Mr. D. B. Rao
Executive Director
Mr. D. B. Rao is one of the founders and has been on the Board of Directors of Privi Organics Limited since 1982 and is a currently a Whole-time Director designated as Executive Director of the Company. Mr. D. B. Rao overseas Operations, Research & Development, Personnel and raw material sourcing. Mr. Rao has worked diligently in converting the vision of the Company to realty and has handled various projects right from their conception to completion. He has been instrumental in putting up the manufacturing facilities in a swift and cost-effective manner and chartering the growth of the Company. His vast experience, in depth knowledge of chemicals and engineering has helped PRIVI to attain the current position. He takes keen interest in R & D activities of the Company, especially in developing green technologies. He is involved in the operations of the company and institutionalizing various processes in the management of the company. He has contributed significantly in PRIVI’s growth and in creation of formidable organization structure of PRIVI. Mr. D. B. Rao is a post graduate in Engineering with over 33 years experience. He is a Director on the board of Fairchem Speciality Limited, Privi Organics Limited, Minar Organics Pvt. Ltd, Privi Biotechnologies Limited, Vivira Investments & Trading Pvt. Ltd., and Satellite Technologies Pvt. Limited.
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Mr. P. R. Barpande
Non-Executive, Independent Director
Mr. Padmanabh Barpande has over 3 decades of experience in audit and has served as an Audit Partner of Deloitte Haskins & Sells, Chartered Accountants. He has a wide experience of serving domestic and international clients and was actively involved in reformatting the accounts to US GAAP / IFRS for them as well as some of the Indian Banks. He is actively involved as speaker at seminars organized by Institute of Company Secretaries of India, Bombay Chartered Accountant Society, Institute of Chartered Accountants of India, Bombay Chamber of Commerce and Industry, Indian Merchants Chamber on topics related to Accounting Standards, Corporate Governance, IFRS / US GAAP, Companies Act etc. He is commerce graduate with bachelor’s degree in law and a Fellow Chartered Accountant. He is a Director on the board of Blossom Industries Limited, Hard Castle Restaurants Pvt Ltd, Voxlaw Tax ASP Pvt Ltd, Triple A Foods Pvt Ltd, Westpoint Leisureparks Pvt Ltd, Mahindra Steel Service Center Limited, Bristlecone India Limited, Westlife Development Limited, Fairchem Speciality Limited, Miramac Properties Pvt Ltd, Mahindra Auto steel Pvt Ltd, UTPL Corporate Trustees Pvt Ltd and Mahindra MSTC Recycling Pvt Ltd.
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Mr. Rajesh Budhrani
Non-Executive, Independent Director
Mr. Rajesh Budhrani has been associated with PRIVI since inception and has guided the Company to new heights with his experience as investor and Director in various companies. Mr. Budhrani with his vast knowledge of global financial markets has played a major role in formulating financial plan and financial strategies has often benefitted the Company. Over the years Mr. Budhrani has been associated with various companies where he has portfolio investments or direct equity investment. He oversees his family office in India – Budhrani Finance Limited with investments in excess of USD 100 million in Real Estate, Listed Equities and Private Equity. He has invested across the globe particularly in emerging markets and has formidable knowledge of global financial markets and global commodity markets. Mr. Rajesh Budhrani holds a degree in Bachelor of Science, Major in Finance & Accounting from Boston College School of Management and graduated Summa Cum Laude. He is also an active member in the Singapore Chapter of Young Presidents Organization. Mr. Budhrani also spends time assisting the family’s charitable foundation which supports various charitable organizations in Indonesia and India including the Inlaks & Budhrani Hospital, the Morbai Naraindas Budhrani Cancer Institute and the Fabiani & Budhrani Heart Institute in Pune India and the Life for Limbs program in Jakarta Indonesia. Mr. Budhrani is a Director on the Board of Budhrani Finance Ltd., Budhrani Realty Ltd., Fairchem Speciality Ltd and many other Companies.
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Mr. Anurag Surana
Non-Executive, Independent Director
Mr. Anurag Surana has over 2 decades of experience in Chemical Industry and has brought immense value to the Board by providing inputs on manufacturing operations and management controls. Mr. Surana was associated with PI Industries as a Whole-time Director till September 2012. Presently, he is the Managing Director of KAGASHIN Global Network Private Limited. He is undergraduate and has completed his education from University of Delhi. He is a Director on the Board of IFFCO-MC Corp Sience Pvt Ltd, Nichino India Pvt Ltd, Nichino Chemical India Pvt Ltd, Kagashin Global Network Pvt Ltd, Esco Agencies Pvt Ltd and Neogen Chemicals Limited.
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Mr. Dwarko T Khilnani
Non-Executive, Independent Director
Mr. Dwarko Khilnani is on the Board of PRIVI since inception and is an Independent Director. He is an expert on Foreign Exchange Management Act (FEMA) having worked with RBI for 33 years. He has conducted various workshops on ‘NRI Investments’ and ‘FEMA’ all over the country including for Officers of the Enforcement Directorate at CBI Academy, Ghaziabad, IPS Training College at Karnal, Haryana and Jawaharlal Nehru University, New Delhi. He is a visiting faculty member of NISM, Bombay Stock Exchange Training Institute, Institute of Company Secretaries and many other training institutes. He is a forex advisor to Exactus.Com Ltd., a leading legal portal having offices in New York and metro cities of India. He is a prominent author of ‘Foreign Exchange Management Manual’, FEMA Ready Reckoner, both in their 26th Edition and various other books on Foreign Exchange and NRI Investments. He is B.A (Hons) in Economics and a Law graduate and is a Director on the Board of Blossom Industries Limited, Perfunova (International) Limited and a member of the Governing Council of Umrao Hospitals and Medical Research Institute.
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Ms. Anuradha Thakur
Non-Executive, Independent Director
Ms. Anuradha Thakur started her career as a Probationary Officer with State Bank of India (SBI) in 1973 and retired in 2007 as Chief General Manager, Corporate Accounts group. She has over 34 years of experience in loan syndications, international banking, project financing and liquidity management in various sectors such as petrochemicals, engineering goods and equipment, non-conventional energy, textiles and pharmaceuticals. She started her career as a probationary officer with State Bank of India in 1973 and retired in 2007, as the chief general manager, corporate accounts group of State Bank of India. She is currently associated with the National School of Banking. She is a Director on the Board of Tata Asset Management Limited, Patnaik Steel P Limited, Tata Capital Housing Finance Limited and Tata Capital Financial Services Limited. She joined the Board of PRIVI in March 2015.