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Chairman & Board of Directors

Sanjaya Kulkarni

Sanjaya Kulkarni graduated with an Engineering Degree from the Indian Institute of Technology, Mumbai and an MBA from Indian Institute of Management, Ahmedabad. He than embarked upon a career in finance as a member of Citibank N.A.'s Merchant Banking department in 1973. After working in the Merchant Banking and Corporate Banking Division of Citibank in both New Delhi and Mumbai for 7 years, Sanjaya Kulkarni founded 20th Century Leasing Corporation along with a number of his colleagues. Sanjaya Kulkarni was responsible for setting up the merchant banking division of 20th Century Finance Corporation Limited in the early 1980's and had oversight of this department, which included public issue management and underwriting, private equity, venture capital and advisory services.

20th Century grew to be one of India's largest finance companies and had interests in Car Finance, Retail Finance, Mutual Funds and Commercial Banking. 20th Century had tie-ups with large Multinational like Zurich Insurance, GMAC, IFC Washington and Asian Development Bank.

20th Century set up 20th Century Venture Capital Limited in the early 90's, one of the first Venture Capital companies in India. Sanjaya Kulkarni was heading this company and was also responsible for Private Equity Investments made by 20th Century from their propritory funds. Sanjaya Kulkarni has hence been associated with the Venture Capital / Private Equity industry since the outset.

Sanjaya Kulkarni has been appointed to various committees of the Bombay Chamber of Commerce, the Bombay Management Association and the Reserve Bank of India. Sanjaya Kulkarni has been Co-Chairman from 1989 to 1993 and then Chairman of the Equipment Leasing Association of India from 1993 to 1995. Sanjaya Kulkarni has over 29 years of experience in the Indian financial services sector.

Sanjaya Kulkarni is the founder and Managing Director of India Direct Equity Advisors ("IDEA"), the local advisor to the IEP India Direct Fund, L.P. He represents IDEA as Chairman of the IDF Investment Committee since inception. He is also the Chairman of the eTEC investment committee. Sanjaya Kulkarni co-manages, eTEC ventures and IDEA which have corpuses of approximately $60M.



Nihal Kaviratne,
CBE

Nihal Kaviratne CBE was appointed to our Board on 28th July 2006. His career with the Unilever Group spans 40 years during which he held various Senior level management positions across Asia, Europe and Latin America. He retired from Unilever on 31st March, 2005.

Nihal Kaviratne, CBE was cited in the Queen's 2004 New Year Honours List in the UK and was awarded the CBE (Commander of the Order of British Empire) for services to UK business interests and to sustainable development in Indonesia. He was chosen by Business Week in 2002 for the Stars of Asia Award as one of the 25 leaders at the forefront of change.

Nihal Kaviratne, CBE holds a Bachelor of Arts (Honours) with a Major in Economics from the Bombay University, India and attended the Advanced Management Program at Harvard Business School.
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Michael D Walter

Michael D Walter is a senior-level executive with 34 years of commodity trading and risk management including 19 years of operating experience. He led large consolidated corporate functions consisting of purchasing, transportation, real estate and public and government affairs for a $20+ billion corporation.

Michael D Walter has extensive international experience, including building and managing trading and processing businesses in Australia, Canada, South America, United Kingdom, Germany and China. Additionally, he serves on many joint venture boards both domestic and international, such as Changing World Technologies, and Chalkis China. He previously served on the Board of ConAgra Tiger Malt Company.

Michael D Walter's experience also extends to six years as a Director of the Chicago Board of Trade, which recently completed a successful IPO. He has just been elected for two more years and is currently a member of the Audit and Compensation Committees.

He served on business advisory boards of the University of Nebraska, Omaha and Creighton University where he also taught graduate-level derivative trading courses.

Michael D Walter holds a Bachelor of Science degree in management and marketing from Eastern Illinois University.



Lt. Gen D B Singh

Lieutenant General D B Singh, PVSM, AVSM is a retired General Officer of the Indian Army. He was commissioned through the prestigious National Defence Academy and rose to virtually the senior-most rank in the Army.

A qualified engineer with management skills, Lt. Gen Singh has held multifarious assignment in the Indian Army. He is a graduate of the Defence Services Staff College and the National Defence College. He was awarded the prestigious awards of Param Vishisht Sewa Medal and Ati Vishisht Sewa Mandal by the President of India for exemplary service. After retirement from Defence Services on 31st May 2001, he was President of an engineering concern manufacturing EOT cranes and construction equipment for two and half years. The General is presently engaged in consultancy services on re-structuring services for logistics and engineering support.
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Arun Bewoor

Arun Bewoor has been inducted into the Board as an Independent Director in the casual vacancy caused by the demise of Mr. Satish Lal Tandon.  Mr. Bewoor is currently a Management Consultant and has retired as Vice President – India Region from International Flavours & Fragrances (IFF) which he held since 2001. Prior to this, he was Managing Director of Bush Boake Allen India which was subsequently taken over by IFF. He also held various honorary industry positions at different points in time as President - American Chamber of Commerce, Tamil Nadu, Madras Management Association, Madras Chamber of Commerce & Industry, Chairman of different Committees at CII, Member-Advisory Council – IMA and Member of Dakshina Chitra.

Mr. Bewoor had graduated from the Pune University with a Honors Degree in Physics and Mathematics and attended several Management Development Programs at the Indian Institute of Management, Ahmedabad.

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Dr. Pradip Ghosh Chaudhuri

Dr. Pradip Ghosh Chaudhuri is the General Manager – Manufacturing of your company. He is M.Tech, Ph.D with more than 34 years experience in Industry. He joined the company in 1996. Before joining Agro Tech Foods Limited he has worked in various capacities in manufacturing and research in leading Indian oil industries engaged in inland and export business..

Dr. Pradip Ghosh C has done his M. Tech in Chemical Engineering & Chemical Technology from Applied Chemistry Department, Calcutta University and completed his Doctoral from same Institute under Prof. D. K. Bhattacharjee. He has published research papers in National & International Journals. He has 34 years of Research & Industrial experience in oils & fats and allied fields and worked in past with Swastik Industries, Gem Refineries and K. N. Oil Industries in various parts of India who are pioneer in processing /export of edible Ricebran oil and exotic confectionary fat of Indian origin.