Corporate Information >> Board of Directors

Mr. Janardan Agrawal
Chairman
Janardan Agrawal, is the Chairman of the Company. He is the main person behind the establishment and growth of the Bombay Rayon Group. As chairman he provides strategic direction to the Company. He is accredited with the establishment of the Bombay Rayon brand of fabrics in the local retail market. He has also set up a unique bi-annual presentation of the company’s collections to the trade, a very novel way of marketing products and has exhibited foresight and vision in the continuously expanding business and has brought the same to its present status. He has been the driving force behind the Group’s growth. Since 1997 Mr. Agrawal is assisted by his sons Aman Agrawal and Prashant Agarwal. In spite of adverse business cycles during the 1990’s the group has consistently made profits in all its companies under his dynamic and compassionate leadership.

Mr. Aman Agrawal
Executive Vice Chairman
Aman Agrawal, is the Executive Vice-Chairman of Company. He is the elder son of Mr. Janardan Agrawal and has over 11 years of experience in the textile industry. Over the years he has developed expertise in weaving technology. The Group’s reputation of being capable of delivering any sort of complicated yarn, dyed fabric is mainly due to his efforts of building in-house expertise of transforming complex designs from drawing board to shop floor. He is currently in charge of fabrics manufacturing and controls all the fabrics manufacturing activities including procurement of yarn, other raw materials, production planning & control and Packing & logistics. He provides strategic direction in selection of technology and machineries in setting up new manufacturing facilities, improvement of production processes and new ventures. He has pursued management studies from Alexander College, Perth, Australia.

Mr. Prashant Agrawal
Managing Director
Prashant Agrawal, is the Managing Director of the Company. He is the younger son of Mr. Janardan Agrawal and has over 9 years of experience in the textile industry. Presently he is in charge of fabrics design, oversees marketing of fabrics and holds responsibility from initiation to delivery for the garment business. Mr. Prashant is accredited with development and growth of the Group’s export business. Under his leadership exports of fabrics grew multifold. The establishment of Bombay Rayon as a fashion brand in the international market and a reliable supplier of quality garments to top labels has been his achievement. The shift of strategic focus from a fabrics company to a fully integrated complete apparel company is due to his vision. He holds a bachelor degree in Chemical Engineering from University Institute of Chemical Technology, Bombay. He has done MS in Chemical Engineering and Petroleum Refining from Colorado School of Mines at Golden near Denver, State of Colorado, USA.

Mr. Naseer Ahmed
Joint Vice Chairman
Naseer Ahmed, is the Joint Vice-Chairman. He is a sitting member of the legislative council of the state of Karnataka. He was a minister of state for small-scale industries in the state of Karnataka from October 1990 to November 1992. He holds a bachelor degree in commerce from Kolar Gold Fields 1st Grade College. After completing his studies he entered in to active politics and held various positions in the Congress Party. He has promoted four companies in the textile sector. Over time his group has established a niche in the export market by supplying to top international brands.

Mr. Uday Mogre
Executive Director - Corporate
Uday C. Mogre, holds a bachelor degree in technology (Chemical Engineering) from Laxminarayan Institute of Technology, Nagpur and has a completed Post Graduate Diploma in Management from Indian Institute of Management, Ahmedabad. Mr. Mogre has over twenty-five years of experience and has initially worked with organizations like Advani Oerlikon Limited for eight years and then with Universal Luggage as General Manager (Finance). Later on he also worked with Reliance Industries Limited for fourteen years and his last assignment was with Texmaco group of companies (Jakarta, Indonesia) as Senior Vice President and Chief Financial Officer. During his long tenure with Reliance Industries Limited he worked as Executive Assistant to the Vice-Chairman for the first four years and later on he handled senior level positions in the textured yarn and fibre intermediate marketing and finally he was appointed Vice President (Finance). He was involved in project financing and implementation of SAP. In the initial stage of his career he worked as Scientific Officer with Heavy Water Project-Tuticorian. Department of Atomic Energy, Gol. Besides BRFL, Mr. Mogre does not hold directorship in any other Company.

Mr. A R Mundra
Executive Director - Finance
A.R. Mundra, has over twenty-four years of experience in finance, commercial and managerial related matters. He holds a bachelor’s degree in commerce and law (gold medallist). He is an associate member of the Institute of Chartered Accountants of India and also of the Institute of Company Secretaries of India. Besides this, he is a member of the International Institute of Business Management, London. Mr. Mundra’s core strength lies in fund procurement, internal controls, organizational systems and strategic planning. He has worked with organisations like Bhansali Engineering Polymers Limited as President, Welspun group of companies as Senior Vice-President (Finance) & Company Secretary and Chief Executive (Commercial). In the initial stage of his career he worked with Indian Rayon and Industries Limited, Birla group of companies and Gujarat Ambuja Cement Limited in various capacities. He was awarded ‘Samaj Shri’ for excellence in management by Indian Institute of Management Executives, Mumbai in 1994. Besides this, Mr. Mundra does not hold directorship in any other Company.

Dr. Pravin P. Shah
Independent Director
Dr. Pravin P. Shah, years is an independent Director on the Board. He has over thirty-four years of professional experience in the areas of financial consultancy, corporate structuring/restructuring, management consultancy, taxation, valuation, property matters, accounting, auditing, company law and FEMA matters etc. He is on the board of many companies including J. M. Morgan Stanley Private Limited, Adani Exports Limited, Bhansali Engineering Polymers Limited etc. Since 1980 he is a partner of Pravin P. Shah, a firm of chartered accountants undertaking specialized services mainly in the areas of public issues, private funding, foreign collaborations, business reorganizations, valuation, tax planning etc. From 1975 to 1980 he was director of Internal Consulting, WUI Inc., New York, a subsidiary of Xerox Corporation and was involved in providing in-house consulting services in the areas of business planning, costing, finance, new project evaluation, capital expenditure planning etc. Dr. Shah is a fellow member of Institute of Chartered Accountants of India (All India 4th Ranker in the final examination held in May 1969) and Institute of Cost and Works Accountants of India. He has also completed his Ph.D. in cost accounting from University of Bombay. He holds a bachelor degree in commerce from the University of Bombay (ranked first in order of merit).

Dr. B.S. Bhesania
Independent Director
Mr.B. S. Bhesania was appointed on the Board of Directors of the company w.e.f. 17th May, 1983 and is a Senior Partner in M/s Mulla & Mulla & Craigie Blunt & Caroe, with specialization in areas in shipping laws, corporate laws, property laws, etc. He is B.SC., LL.M., and Ph.D. Law - University of Mumbai and practices as an Advocate in High Court, Mumbai and Supreme Court of India, and as Solicitor, High Court, Mumbai, Supreme Court of England & Wales and Supreme Court of Hong Kong.

Mr. S.B. Agarwal
Independent Director
S. B. Agarwal, is an independent Director on the Board. He has over thirty-nine years of professional experience. For eighteen years from 1982 to 2000 he was Business Head for global textile companies in Aditya Birla Group having textile units at various locations in India and abroad. Before joining the Aditya Birla Group he was President and Chief Executive Officer of Rajasthan Spinning Mills (Bhilwara Group) for a brief period of two years. He has also worked with J. C. Mills, Gwalior a Birla group company for fourteen long years holding various positions including President. Mr. Agarwal has participated in various associations. Presently he is heading the textile group in the Indo-American Chamber, Mumbai and Textile Promotion Group of Federation of India Chambers of Commerce and Industries. He is a member of the Institute of Chartered Accountants of India. Mr. Agarwal holds a masters degree in commerce and economics and has also graduated in law.

Mr. K. Muthukumaran
Nominee Director - EXIM Bank
Mr. Muthukumaran began his career in Godrej Soaps. He worked for a commercial bank in the export credit department before joining Exim Bank. In Exim Bank he was involved in the World Bank Line of Credit, which was extended to promote India’s exports to the developed countries. He worked in various groups viz., Project Finance, Trade Finance and Overseas Investment Group at Mumbai. He is presently heading the Bank’s Corporate Banking Group. He has more than two decades of experience in international banking.

Ms. Prachi Deshpande
Company Secretary
Prachi Deshpande, Assistant Company Secretary is with the Company since November 1, 2004. In the Company she heads the secretarial and legal department and is responsible for redressal of investors grievances etc. Before joining the Company she was working with Rishiroop Group of Companies and was the designated company secretary of a public limited company of that group. At the beginning of her career she was associated with an advocate and was involved in drafting of various legal documents etc. She has graduated in Commerce and Law from Mumbai University and is also an associate member of the Institute of Company Secretaries of India.

Mr. A. Arumugham
Director
Mr. A. Arumugham is a Chartered Accountant with over 35 years of experience in practice. Mr. Arumugham has been associated with various large corporate houses and has sound knowledge in various activities such as fund mobilization, mergers and takeovers, legal compliances etc

Mr. Suresh Vishwasrao
Director
Mr. Suresh Vishwasrao, an ex-banker has over 40 years of professional experience. Mr. Vishwasrao has wide experience with banking regulations, Foreign Exchange Management Act, loan syndication(s), capital market activities etc.