Dear Investor ,
Your attention is drawn to the SEBI circular no. SEBI/HO/OIAE/OIAE_IAD-1/P/CIR/2023/131 dated July 31, 2023, on “Online Resolution of Disputes in the Indian Securities Market”.
A copy of the said SEBI circular is here - The Circular
A common Online Dispute Resolution Portal (“ODR Portal”) which harnesses online
conciliation and online arbitration for resolution of disputes arising in the Indian Securities Market has
been established.
SMART ODR Portal (Securities Market Approach for Resolution through ODR Portal) can be accessed via the
following link - SMARTODR
You are requested to take note of the contents of the SEBI circular.
Thank you for your continued support.
Mr. Ayush Goel joined the Board of Directors of the Company with effect from July 31, 2014. Mr. Ayush Goel has been designated as the Non-Executive chairman of the Board since September 29, 2020.
He is also member of the Audit Committee, Stakeholders Committee, Nomination and Remuneration Committee and Corporate Social Responsibility Committee of the Company. After graduating from Delhi University, Mr. Ayush Goel Completed his Master’s in Business Administration on Family Managed Business Program from SP Jain Institute of Management and Research, Mumbai. He has over ten years of rich experience in areas of the management, finance and business operations across manufacturing, trading activities and instrumental in attracting top industry talent. As the chairman of the Board, Mr. Ayush Goel has been instrumental in leading the Board and focusing on matters of strategic importance to the Company. He oversees the CEO and management on behalf of the Board. He is also associated with philanthropic and charitable activities.
Mr. Arjun Verma is a post-graduate from Kanpur University and a qualified Chartered Accountant. He has over 35 years of rich experience in the field of Finance, Treasury, Accounts and Taxation and has been associated with GP Petroleums Limited since December, 2017. Prior to this he was a business controller in Reliance Communications Limited. Erstwhile he was a Chief Financial Officer of the Company and heads Accounts, Finance and Taxation but because of his financial acumen and invaluable contribution to the Company, he was promoted and currently he is the Whole Time Director designated as an Executive Director and CFO of the Company.
Mrs. Deepa Goel has completed her M.A in Political Science and also holds a diploma in Interior Designing/Decoration.
She has experience in supervision, management and administration of family owned businesses. She is also associated with various charitable and philanthropic activities.
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Mr. Rajesh Mittal is a fellow member of ICAI and ICSI. He is also registered as an “Insolvency Professional” and “Registered Valuer” under the asset class “SFA” with IBBI. He is accredited as Certified Valuation Analyst (CVA) by National Association of Certified Valuators and Analysts (NACVA), USA.
Mr. Mittal is the Founder and Chairman of Alamak Capital Advisors Private Limited (engaged in Investment Banking and Corporate Financial Advisory) and is also a partner of M/S Dassani & Associates, Chartered Accountants. Prior to 2012, he had spent almost 25 years with prominent corporates in leadership roles in finance. Mr. Mittal has extensively worked as a management consultant and strategic advisor. He has handled several M&A deals, spanning across diverse industries and geographies and has an in-depth understanding of Valuation and Strategic growth of business.
Additionally, Mr. Mittal has been a nominated member on the committees formed by IBBI & ICSI-RVO & ICAI and is a frequent speaker on CSR and Valuation on the platforms of ICAI and ICSI, respectively.
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Mrs. Stuti Narain Kacker serves as an Independent Woman Director on the Board of GP Petroleums Limited. She was an IAS officer (1978 batch) and recently retired as the Chairperson of the National Commission for the Protection of Child Rights. With a career spanning almost 40 years, Mrs. Kacker has worked extensively in the areas of social justice and empowerment, information and broadcasting and industrial development. She is particularly well known for her contribution to the social sectors, including the protection of child rights and of persons with disabilities. She has also been awarded 5 gold medals for her academic achievements.
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Mr. Ashok Kumar Gupta is a qualified Chartered Accountant and MBA (Finance), he has an experience of over 32 years in the field of Finance, Accounts, Audit, IFRS, Ind AS, Auditing Standards, with a strong background in Financial Management, Internal Financial Control & Internal Audit. Mr. Gupta is well-versed in ERP systems, including SAP modules MM, FICO, PS, and SD. He is skilled in statutory compliance and proficient in organizational computer operations. He has expertise in drafting and finalizing MOUs, accounting policies, procedures, and manuals. Mr. Gupta is the proprietor of Ashok Kumar Gupta & Associates and was also associated as a Director Finance with Dakshinanchal Vidyut Vitran Nigam Ltd. (wholly owned subsidiary of Uttar Pradesh Power Corporation Ltd). He worked at various level in Public Sector Undertakings (PSU) namely Ircon Internation Ltd and Engineering Projects (India) Ltd.
The Composition of the various Committees of the Board are in compliance with SEBI LODR regulations, 2015 and the Companies Act, 2013. The composition is as hereinafter:
Audit Committee
S.No | Name | Designation | Nature of Directorshipship |
---|---|---|---|
1 | Mr. Rajesh Mittal | Chairman | Independent, Non-Executive Director |
2 | Mr. Ayush Goel | Member | Non-Executive Director |
3 | Mrs. Stuti Kacker | Member | Independent, Non-Executive Director |
Stakeholder Relationship Committee
S.No | Name | Designation | Nature of Directorshipship |
---|---|---|---|
1 | Mr. Ayush Goel | Chairman | Non-Executive Director |
2 | Mr. Arjun Verma | Member | Executive Director |
3 | Mr. Rajesh Mittal | Member | Independent, Non-Executive Director |
Nomination and Remuneration Committee
S.No | Name | Designation | Nature of Directorshipship |
---|---|---|---|
1 | Mrs. Stuti Kacker | Chairman | Independent, Non-Executive Director |
2 | Mr. Ayush Goel | Member | Non-Executive Director |
3 | Mr. Rajesh Miital | Member | Independent, Non-Executive Director |
Risk Management Committee
S.No | Name | Designation | Nature of Directorshipship |
---|---|---|---|
1 | Mr. Arjun Verma | Chairman | Executive Director |
2 | Mr. Ashok Kumar Gupta | Member | Independent, Non-Executive Director |
3 | Mr. Jogesh Sharma | Member | Head – Industrial lubricants |
Corporate Social Responsibility Committee
S.No | Name | Designation | Nature of Directorshipship |
---|---|---|---|
1 | Mr. Ayush Goel | Chairman | Non-Executive Director |
2 | Mrs. Stuti Kacker | Member | Independent, Non-Executive Director |
3 | Mr. Arjun Verma | Member | Executive Director |
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