The present Board of Directors comprises of
Dr. B Samal, aged 77 years, is Non-Independent Non- Executive Director. He has been on the
Board of our Company since August 5, 2008. He is currently the Executive Chairman of the
Industrial Investment Trust Limited, the Parent Company. He is a Doctorate in Economics
and is also a gold medalist in Agricultural Economics. He is a Post Graduate Diploma
holder in Bank Management. He is former Chairman & Managing Director of Allahabad Bank
and Industrial Investment Bank of India. He was also a member of Securities Appellate
Tribunal (SAT).
Mr. Bipin Agarwal, aged 55 years, a qualified Company Secretary, is a first generation
entrepreneur with extraordinary business acumen and entrepreneurial spirit who has
excelled in building, fostering and leading a number of organizations in India. Under his
stewardship, the group has been managing wideranging advisory, consulting and syndication
services for the corporate. Mr. Bipin Agarwal, Promoter Director of IITL Group, has an
illustrious career spanning over 25 years in business including finance and management
expressly portfolio management and administration. He has an abounding experience in fund
raising both equity and debt. He has expertise in financial & corporate structuring,
mergers & acquisitions.
Mr.Venkatesan Narayanan, aged 65 years, has over 26 years of experience in senior
management having worked with leading consulting companies and has experience spread over
venture management / TEFS / Commercial due diligence and also in facilitating financial
closure in respect of infrastructure projects, including interacting with funding
institutions and banks. He has consulting expertise in the infrastructure arena, having
been associated with several projects covering roads and bridges, power, tourism and urban
infrastructure. He is presently a free-lance consultant and is advising a few Corporate.
Mr. Milind Desai, aged 58 years, is Non-Executive Independent Director. He has graduated
in Commerce and holds LLB (Gen.) degree from University of Mumbai. He is a leading
Chartered Accountant with specialization in Corporate Advisory / Merger& Acquisition.
He has over 28 Years of experience. He has worked with renowned Corporate such as ICICI
Ltd, Birla Global Finance Ltd and Tata Finance Ltd. He currently owns his own consultancy,
giving corporate advisory to various corporate clients. He has been a faculty member of
the Institute of Chartered Accountants of India (ICAI) and has given lectures on Project
Financing and innovative instruments. He has also co-authored the book on Project
Financing, which is a publication of the ICAI.
Ms. Sujata Chattopadhyay, Fellow member of the Institute of Cost Accountants of India and
the Institute of Company Secretaries of India, Sujata Chattopadhyay is a registered
Insolvency Professional with over 29 years post qualification experience. Starting her
career as a Cost Accountant, she has worked across various industries and geographies.
Presently in full time practice as a Company Secretary, Sujata was a whole time director
with Choice Capital Advisors Private Limited, a Merchant Banking company. She is an
independent director at Polygenta Technologies Limited,Arysta LifeScience India Limited,
Steel Exchange India Limited and Vakrangee Limited.