Edition:
India

Nesco Ltd (NSEN.NS)

NSEN.NS on National Stock Exchange of India

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Summary

Name Age Since Current Position

Sumant Patel

2016 Executive Chairman of the Board

Dipesh Singhania

2015 Chief Financial Officer

Jinal Jitendra

2016 Compliance Officer, Company Secretary

Krishna Patel

2016 Managing Director, Executive Director

Sudha Patel

77 2014 Promoter Non-Executive Director

Alka Adatia

2019 Additional Non-Executive Independent Director

Mahendra Chouhan

59 2005 Non-Executive Independent Director

Jai Diwanji

2013 Non-Executive Independent Director

K. S. Srinivasa Murty

71 2007 Non-Executive Independent Director

Manu Parpia

66 2017 Additional Non-Executive Independent Director

Biographies

Name Description

Sumant Patel

Shri. Sumant J. Patel is Executive Chairman of the Board of NESCO Limited. He was Managing Director of the Company. After graduating from the University of Pennsylvania, Mr. Sumant Patel joined Nesco Ltd (then known as New Standard Eng. Co. Ltd.) in 1959. In 1962, Mr. Sumant Patel established the industrial complex at Karamsad, Gujarat, starting with Gujarat Machinery Mfrs Ltd, now known as GMM Pfaulder Ltd, a company which is today the leader in India in the field of glasslined equipments. Mr. Patel is a Trustee of Charutar Vidya Mandal; Member of Board of Management of College of Engineering & Technology; Managing Trustee of J V Patel Foundation and other Charitable Trusts which have established an English medium high school; an Industrial training institute; a ladies hostel; a cardiac ICU, etc.

Dipesh Singhania

Mr. Dipesh R. Singhania is the Chief Financial Officer of the company.

Jinal Jitendra

Krishna Patel

Mr. Krishna S. Patel is Managing Director, Executive Director of the Company. He was Promoter, Joint Managing Director, Executive Director of the Company.

Sudha Patel

Mrs. Sudha S. Patel is the Promoter Non-Executive Director of NESCO Limited. She is the member of Investor Grievances Committee. She holds M.S. InEducation Psychology from University of Southern California.

Alka Adatia

Ms. Alka Adatia is Additional Non-Executive Independent Director of the Company. She is a qualified Fellow Chartered Accountant (FCA) and an All India Rank Holder in CA Exam, a certified Fraud Examiner (CFE), a certified Forensic Accounting and Fraud Detection (FAFD) expert from the Institute of Chartered Accountants of India (ICAI), certified in Reid Technique of interview & interrogation and cleared Limited Insolvency Professional Exam conducted by Insolvency and Bankruptcy Board of India (IBBI). She has combined Entrepreneurship & Academics with over 14+ years of experience & currently, an independent practitioner at Adatia & Co, a Chartered Accountants firm which provides specialized services in the area of Forensics along with her networking associates. Her areas of expertise in Forensics include Forensic Auditing & Litigation Support, Corporate Fraud Investigations including Sexual Harassment Investigations, Interview & Interrogations and Profiling & Background checks. She has conducted forensic auditing and has uncovered diversion of funds and has provided litigation support. She has undertaken audits under Insolvency and Bankruptcy Code (IBC) and has uncovered preferential transactions, extortionate transactions and transactions defrauding creditors. She has done interview and interrogations and obtained written confessions and has uncovered different fraud schemes like revenue recognition fraud, commission fraud, bribery, ghost employees, parallel businesses, etc. She has conducted risk assessment review of the forensic team of Life Insurance Company (investigating the investigators) by analyzing investigation reports of claims processed, identifying gaps for addressed and unaddressed risks/frauds and detecting control deficiencies.

Mahendra Chouhan

Mr. Mahendra K. Chouhan is Non-Executive Independent Director of NESCO Limited. He holds B Sc, MBA(Finance).

Jai Diwanji

Mr. Jai S. Diwanji is the Non-Executive Independent Director of the company.

K. S. Srinivasa Murty

Mr. K. S. Srinivasa Murty is Non-Executive Independent Director of NESCO Limited. He is a member of Audit and Investor Grievances Committees.

Manu Parpia

Basic Compensation