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Bharat Heavy Electricals Ltd (BHEL.BO)

BHEL.BO on Bombay Stock Exchange

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25 Sep 2020
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Summary

Name Age Since Current Position

Nalin Shinghal

55 2019 Chairman of the Board, Managing Director

Rajeev Kalra

48 2018 Compliance Officer, Company Secretary

Koushik Acharya

2019 General Manager and Head (PS-NR), Noida

A.B. Gupta

2019 General Manager and Head, COM, New Delhi Addl. Charge (CQ&BE)

Pankaj Jain

2019 General Manager - (Finance-RM), Delhi

Tarsem Lal

2019 General Manager and Head, (PS-SR) Chennai

Upinder Matharu

2019 General Manager and Head (PS-PMG), Delhi

S. Seetharaman

2019 General Manager and Head (REWB), Delhi

Rajiv Sharma

2019 General Manager and Head (ROD), Delhi

Alka Tuteja

2019 General Manager and Head (CTM), Delhi

S. Balakrishnan

58 2018 Director (Industrial Systems & Products)

Kamlesh Das

57 2019 Director (Engineering, Research & Development)

Subodh Gupta

55 2018 Director (Finance)

Amit Mehta

2020 Part-time Official Director

Shashank Priya

53 2019 Part Time Official Director

Manoj Varma

58 2018 Director ( Power )

C. Ananda

2019 Executive Director - (EDN), Bengaluru Addl. Charge (EPD)

Rana Basu

2018 Executive Director - (PCSG), Noida

Gautam Chaklader

2019 Executive Director - (FSIP), Jagdishpur

S. Chaturvedi

2019 Executive Director - (TBG), Noida Addl. Charge (IS-CFP, IPE & IPM)

D. Dikshit

2017 Executive Director - (TP), Jhansi

Renuka Gera

2019 Executive Director - (ESS), New Delhi

Sanjay Gulati

2019 Executive Director - (HEEP), Haridwar

A.M. Gupta

2018 Executive Director - (HBG), Noida

G. Hedaoo

2019 Executive Director - (PS-MKTG, T&G) PS-WR, Delhi/ Nagpur

A. Jain

2019 Executive Director (TBSG), New Delhi Addl. Charge (DABG)

Anil Joshi

2019 Executive Director - (CDT), New Delhi

K. Khurana

2018 Executive Director - (PS-PEM), Noida

G. Kumar

2018 Executive Director - (ISG), Bengaluru Addl. Charge (HPEP)

S. Maiti

2014 Executive Director - PS-WR, Nagpur

Shakil Manocha

2019 Executive Director - (ISG), Bengaluru

A. Mukhopadhyay

2019 Executive Director (IO), New Delhi

C. Murthy

2019 Executive Director - (BAP), Ranipet

P. Nagamanickam

2019 Executive Director - (PS-SSBG), Noida

R. Padmanabhan

2019 Executive Director - (HPBP), Tiruchirappalli PPPU, Thirumayam & Piping Centre, Chennai

P. Jagadiswara Reddy

2019 Executive Director - (PE&SD), Hyderabad Addl. Charge (HPVP)

Manoj Shah

2019 Executive Director - (CSM), New Delhi Secretary, Mgmt. Committee

Jai Singh

2019 Executive Director - (CFFP), Haridwar

Surinder Singh

2019 Executive Director - (PS-ER), Kolkata

Ajit Sinha

2019 Executive Director - (IS-CPP & PMG) New Delhi

Gyan Srivastava

2019 Executive Director - (PS-TS), Noida

S.V.N. Sundar

2018 Executive Director - (Corporate R&D), Hyderabad

D. Thakur

2017 Executive Director (HEP), Bhopal

P. Yadav

2019 Executive Director - (NBG), Noida

I.P. Singh

2018 Company Secretary

Amit Varadan

53 2020 Joint Secretary

Anil Kapoor

2019 Director ( HR )

Raj Bindal

2020 Independent Director

Rajesh Sharma

47 2019 Independent Director

Biographies

Name Description

Nalin Shinghal

Dr. Nalin Shinghal is Chairman of the Board, Managing Director of the Company. He assumed charge of the post of Chairman & Managing Director of BHEL w.e.f. 8th July, 2019. He holds a B. Tech degree in Electrical Engineering from IIT-Delhi and PGDM from IIM (Calcutta). He has been a Commonwealth Scholar and has a doctorate in Transport Economics from the University of Leeds/UK. Prior to joining BHEL, he was the Chairman & Managing Director (CMD) of Central Electronics Limited (CEL). He joined CEL in 2013 as CMD, when the company was facing chronic sickness with almost 90% of its net worth eroded. Under his leadership, CEL was successfully turned around into a profit making company with rapidly growing profits. The turnaround has also been taken up as a case study by IIM Ahmedabad. In his long career span of more than 30 years, he has undertaken a range of assignments in Private Sector, Public Sector and Government. He has worked with the Indian Railways Traffic Service (IRTS) in various capacities in Operations, Commercial & Marketing as well as Planning functions and also in several diverse areas with PSUs like CONCOR, IRCTC, apart from CEL. Prior to CEL he worked as Director (Tourism & Marketing) Indian Railways Catering & Tourism Corporation Ltd. (IRCTC) for six years and also held charge as MD-IRCTC for about 2 years, in which period, the company achieved rapid growth and attained Mini Ratna status. As Director (Tourism & Marketing) he headed the Internet Ticketing as well as Travel & Tourism businesses of IRCTC. In his tenure the e-ticketing business grew from 20,000 tickets per day to almost 5 lakh tickets per day. He was also responsible for setting up and perspective planning of the complete Tourism business of IRCTC. Dr. Nalin Shinghal has published a number of articles in leading national & international journals in the areas of Transport Economics & Logistics.

Rajeev Kalra

Shri. Rajeev Kalra is Compliance Officer, Company Secretary of the Companny. Shri Rajeev Kalra is a Commerce (Honours) graduate from University of Delhi and Ma.ster of Commerce from HP University. He is an Associate member of the Institute of Company Secretaries of India. Shri Rajeev Kalra is also an Associate member of the Institute of Cost Accountants of India. Shri Kalra started his career with BHEL as Executive Trainee (Finance) in 1995 and during his career progression, equipped himself with all facets in the area of finance, company law & listing compliances and Board related matters in various capacities.

Koushik Acharya

A.B. Gupta

Pankaj Jain

Tarsem Lal

Upinder Matharu

S. Seetharaman

Rajiv Sharma

Alka Tuteja

S. Balakrishnan

Shri. S. Balakrishnan is Director (Industrial Systems & Products) of the Company. Shri Balakrishnan was inducted as Director (Industrial Systems & Products) on the Board of BHEL w.e.f. 01.06.2018. Prior to this, Shri Balakrishnan was heading the Heavy Power Equipment Plant (HPEP), Ramachandrapuram - one of the major units of BHEL at Hyderabad as Executive Director. Earlier he was heading the company's Industrial Products (Electrical & Mechanical) business at Industry Sector, Delhi, as General Manager In-charge. Shri Balakrishnan is a Mechanical Engineering graduate from University of Indore, Madhya Pradesh and acquired his Masters Degree in Stress & Vibration Analysis from Bhopal University. Shri Balakrishnan brings with him versatile and varied experience of over 37 years in core areas of economy viz. Power Generation & Transmission, Renewable Energy, Transportation, Electric Mobility, Energy Storage, Captive Power, Oil & Gas, Defence and Water Management. He has developed core competencies in the functions of Strategic Management, Marketing & Business Development, Project Development & Execution, Partner Management, Human Resource Management & Industrial Relations, Manufacturing and Technology Development. Shri Balakrishnan started his career with BHEL as Engineer Trainee in 1982 in the company's Trichy unit and subsequently moved to BHEL, Bhopal, where he worked in various capacities in the areas of A.C. Machines, Nuclear Turbines and Transformers at BHEL's Bhopal Plant. Shri Balakrishnan is also the Vice President of CIGRE-India and is a member of its Governing Council. Appointment of Shri Balakrishnan is upto 30.11.2020 or until further orders, whichever event occurs earlier, in the pay scale of `1,80,000 - `3,40,000 p.m. on terms and conditions approved by the Government of India. Shri Balakrishnan does not hold any shares in BHEL and he does not have any relationship with other Directors/ Manager/ Key Managerial Personnel of Company.

Kamlesh Das

Shri. Kamlesh Das is Director (Engineering, Research & Development) of the Company. Shri Kamalesh was inducted as Director (Engineering, Research & Development) on the Board of BHEL w.e.f. 1st March, 2019. Shri Kamalesh Das is an Engineering Graduate from Calcutta University and also has a Post Graduate Diploma in Management. Prior to becoming Director (E, R&D), Shri Kamalesh Das as Executive Director, was heading various business verticals at BHEL’s Industry Sector, which is responsible for carrying out the company’s diversification and growth initiatives. Major verticals in his portfolio included Renewable Energy, Industrial Systems, Electrical and Transmission Products. He joined BHEL as an Engineer Trainee at the company’s Insulator Plant in 1982. Shri Das has over 36 years of holistic and hands-on experience in energy, transmission and industrial systems. During his career in BHEL, he has developed and demonstrated a comprehensive set of competencies in various value chain activities like marketing, engineering, production, commercial, project management, human resource & industrial relations, legal management, project finance and strategic management. Earlier he was also the head of various manufacturing units of BHEL like Insulator Plant, Jagdishpur, Electro-Porcelains Division, Bengaluru, and Component Fabrication Plant, Rudrapur. Shri Kamalesh Das holds the position of Part-time Nominee Chairman on the Board of BHEL-GE Gas Turbine Services Private Limited. Appointment of Shri Kamalesh Das is upto 31.07.2021 or until further orders, whichever event occurs earlier, in the pay scale of `1,80,000 - `3,40,000 p.m. on terms and conditions approved by the Government of India Shri Kamalesh Das does not hold any shares in BHEL and he does not have any relationship with other Directors/ Manager/ Key Managerial Personnel of the Company. No Board Meetings were held during the tenure of Shri Kamalesh Das in FY 2018-2019. By virtue of Section 161 of the Companies Act,

Subodh Gupta

Shri. Subodh S. Gupta is Director (Finance) of the Company. Shri. Gupta was appointed as Director (Finance) on the Board of BHEL w.e.f. 18.04.2018. Shri Gupta is a Fellow member of the Institute of Cost Accountants of India (ICAI) and a Commerce (Honours) Graduate from University of Delhi. Prior to his appointment to the board of Directors, he was General Manager (Corporate Finance) handling financial planning and strategy, treasury management and taxation. In addition, he was also heading the Finance function of Strategic Business Units under the company’s “Industry Sector” business segment. An accomplished finance professional, Shri Gupta brings with him more than 34 years of diverse experience in the financial operations of BHEL. He started his career with BHEL as Trainee (Finance) in 1985 and during his career progression, equipped himself with all facets of Financial Management to take challenging responsibilities. Under the dynamic / mettlesome leadership of Shri Gupta, BHEL has been bestowed with the Maiden ICWAI National Award for Excellence in Cost Management 2005 and Maiden prestigious CII-Exim Bank Award for Business Excellence 2006. As a certified TQM assessor from European Foundation for Quality Management, he has significantly contributed in improvement of business processes and conducted several internal and external TQM assessments. He was conferred with CMA Achiever’s Award - Certificate of Merit 2016, for his significant contribution to Corporate Management practices, under the category “PSU Manufacturing –Large” by the Institute of Cost Accountants of India. Shri Subodh Gupta has played a pivotal role in reorientation of planning & budgeting exercise, structural changes in financial reporting, tax planning & its management resulting into more robust financial position of the company and transparent reporting.

Amit Mehta

Mr. Amit Mehta serves as Part-time Official Director of the Company. He is presently posted as Joint Secretary in the Depmiment of Heavy Industry, Ministry of Heavy Industries and Public Enterprises, Government of India. Shri Amit Mehta holds a Bachelor Degree in Mechanical Engineering from IIT Roorkee. Prior to his present posting in the Department of Heavy Industry, he was Joint Secretary in the Department of Consumer Affairs, Ministry of Consumer Affairs, Food & Public Distribution, where he dealt with issues related to consumer protection, policy matters related to the Consumer Protection Act and the Legal Metrology Act. He joined the Indian Ordnance Factory Service in May 1988. During his tenure in the Ordnance Factories, he has worked in various Divisions at various levels and has a rich experience of working in areas related to Production, Planning, Quality Control, Maintenance and Public Procurement. He has also worked as Director in the Department of Food & Public Distribution, Ministry of Consumer Affairs, Food & Public Distribution

Shashank Priya

Shri. Shashank Priya is Part Time Official Director of the Company. He is a Civil Servant belonging to 1988 batch of IRS (C&CE). Prior to joining the Ministry of Commerce and Industry as Additional Secretary, Shri Shashank Priya worked as Joint Secretary in the GST Council. He has more than 30 years of experience of dealing with issues relating to Indirect Tax and WTO. He has also worked in different fields of Customs and Central Excise such as Central Excise Division, Anti-Smuggling, Appraising, Vigilance and Export Promotion. He has acted as a resource person for several reputed institutions and made numerous presentations on GST and WTO issues before national and international audience in India and abroad.

Manoj Varma

Shri. Manoj Kumar Varma is Director ( Power ) of the Company. He was inducted as Director (Power) on the Board of BHEL as 19th December, 2018. He is a Mechanical Engineering Graduate from SGSITS, Indore and an MBA in Marketing from Bhopal University. Prior to becoming Director (Power), he was heading Power Sector- Southern Region Chennai, as Executive Director, which is executing major power projects & contributing substantially to BHEL’s Power Sector segment. Shri Manoj Kumar Varma has 35 years of holistic and hands on experience in the field of Energy, Industrial System and Infrastructure industries covering major value chain functions viz. Production, Commercial Management, Marketing & Business Development, Contract Management, Planning & Development, Information Technology and Strategic Management. Shri Manoj Kumar Varma joined the organisation as Engineer Trainee at Transformer Plant, BHEL Jhansi and subsequently moved to Heavy Electrical Plant, Bhopal where he worked in various capacities and later on was transferred to Industry Sector, New Delhi as General Manager. During his career in BHEL, he also headed the erstwhile Ceramic Business Unit of BHEL, Bengaluru with erstwhile Electroporcelains Division (EPD, Bengaluru) and Insulator Plant (IP, Jagdishpur) under its ambit. Shri Manoj Kumar Varma holds the position of Part-time Nominee Chairman on the Board of Raichur Power Corporation Limited. Appointment of Shri Manoj Kumar Varma is upto 31.01.2021 or until further orders, whichever event occurs earlier, in the pay scale of `1,80,000 - `3,40,000 p.m. on terms and conditions approved by the Government of India. Shri Manoj Kumar Varma does not hold any shares in BHEL and he does not have any relationship with other Directors/ Manager/ Key Managerial Personnel of the Company. Shri Manoj Kumar Varma has attended one Board Meeting which was held during his tenure in FY 2018-2019.

C. Ananda

Rana Basu

Gautam Chaklader

S. Chaturvedi

D. Dikshit

Renuka Gera

Sanjay Gulati

A.M. Gupta

G. Hedaoo

A. Jain

Anil Joshi

K. Khurana

G. Kumar

S. Maiti

Shakil Manocha

A. Mukhopadhyay

C. Murthy

P. Nagamanickam

R. Padmanabhan

P. Jagadiswara Reddy

Manoj Shah

Jai Singh

Surinder Singh

Ajit Sinha

Gyan Srivastava

S.V.N. Sundar

D. Thakur

P. Yadav

I.P. Singh

Amit Varadan

Shri. Amit Varadan serves as Joint Secretary of the Company. He was inducted as Part-time Official Director on the Board of BHEL w.e.f. 27th March, 2019. He is presently posted as Joint Secretary in the Department of Heavy Industry, Ministry of Heavy Industries and Public Enterprises, Government of India. Shri Amit Varadan holds a Bachelor’s Degree in Economics from St Stephen’s College, Delhi University and a Master’s Degree in Economics from Jawaharlal Nehru University. He is also an MBA from the Faculty of Management Studies, Delhi University. Prior to taking charge of Joint Secretary, he was Divisional Railway Manager, Secunderabad Division, South Central Railway. He joined Indian Railway Traffic Service (IRTS) in August 1990. During his tenure in Railway Service, he has worked in various wings of the Indian Railways viz., Operating, Commercial, Safety, Vigilance, Information Technology and Public Relations at various levels in the Divisional Units (cutting edge of Railway Operations), in Zonal Headquarters and Railway Board. He has also worked in the Centre for Railway Information Systems (CRIS). Prior to joining Indian Railway Traffic Service, he worked as Lecturer of Economics in Hindu College, Delhi University. Shri Amit Varadan holds the position of Part-time Official Director on the Board of Andrew Yule & Co. Limited. Being a Government of India nominee on the Board of BHEL, Shri Amit Varadan does not receive any remuneration from BHEL. Shri Amit Varadan does not hold any shares in BHEL and he does not have any relationship with other Directors/Manager/ Key Managerial Personnel of the Company. No Board Meetings were held during the tenure of Shri Amit Varadan in FY 2018-2019. By virtue of Section 161 of the Companies Act, 2013 read with Article 67(iv) of the Articles of Association of the Company,

Anil Kapoor

Raj Bindal

Shri. Raj Kamal Bindal serves as Independent Director of the Company. Raj Kamal Bindal is a Commerce graduate from University of Delhi and a Fellow Member of the Institute of Chartered Accountants of India. He has also done M. Com from Shri Ram College of Commerce, University of Delhi and MBA from Indira Gandhi National Open University. Shri Bindal possesses a diverse and wide ranging experience in the areas of Policy, Public Finance, e-Governance, Risk Management, Corporate Governance, Infrastructure, Power sector and Railway As Consultant, Shri Bindal has served Ministry of Railways and Ministry of Housing and Urban Affairs in Government of India, Governments of the States of Chhattisgarh and Rajasthan, Government of Bangladesh, World Bank, International Finance Corporation, DfID UK and Asian Development Bank etc. during his employment with Ernst & Young India, Deloitte Touche Tohmatsu India, ICRA Management Consulting and ICAI Accounting Research Foundation. Shri Bindal has extensive experience of Business Development with Governments, Multilaterals and Public Sector Undertakings in India, South Asia and South-East Asia. In Power Sector, he has served NHPC Ltd and Uttar Pradesh Power Generation Corporation for Business Process Re-engineering for ERP implementation purposes; Distribution Companies in Western Uttar Pradesh for Financial Management Reforms; and a Hydro Power Generation Plant in Uttarakhand in private sector as Lenders Auditors on behalf of ICICI Bank during the construction phase. Presently, he is a Director in Avika Consulting Private Limited, Namah Shivay Ventures Private Limited and Raj Kamal Bindal Foundation.

Rajesh Sharma

Shri. Rajesh Sharma is Independent Director of the Company. Shri Rajesh Sharma was inducted as an Independent Director on the Board of BHEL w.e.f. 20th February, 2019. Shri Rajesh Sharma is a Commerce Graduate, a Fellow member of the Institute of Chartered Accountants of India and a qualified Company Secretary. He is a practicing Chartered Accountant, having a rich experience of more than 17 years of audit in many PSU’s, National Cooperatives, Corporation & Banks. He is presently Central Council member of Institute of Chartered Accountants of India. He has held various positions such as Central Council Member of the Institute of Company Secretaries of India (Govt. Nominee) and member of Capital Market & Investor protection Council of ASSOCHAM etc. Shri Sharma is involved in varied social activities such as inculcating skills in downtrodden to make them self-dependent and also running a Drug Rehabilitation Centre. He is a prominent speaker in many seminars, conferences organized in India and abroad. He has also been awarded by reputed organization for exemplary contribution to society. Appointment of Shri Rajesh Sharma is upto 13.02.2022 or until further orders whichever event occurs earlier. As an Independent Director, he is entitled to sitting fee for Board Meetings and Board Level Committee Meetings attended by him. Shri Rajesh Sharma does not hold any shares in BHEL and he does not have any relationship with other Directors/ Manager/ Key Managerial Personnel of the Company. No Board Meetings was held during the tenure of Shri Rajesh Sharma in FY 2018-2019. By virtue of Section 161 of the Companies Act, 2013 read with Article 67(iv) of the Articles of Association of the Company, Shri Rajesh Sharma holds office till the date of ensuing Annual General Meeting and is eligible for appointment. As per requirement of Section 160 of the Companies Act, 2013, the Company has received a Notice in writing, proposing candidature of Shri Sharma for the Office of Independent Director of the Company.