Board of Directors

1. Udayanbhai Gajjar

With his 30 years of rich and extensive technical knowledge, skill set and aptitude of 'Research & Development' Varuna Products has created its own place in the Indian Market.

He was Chairman and Managing Director of La Gajjar Machineries (P) Ltd till June 2017, after the Partnership with KOEL he is now governing the LGM Group as a Director . He has been associated with Varuna brand since 1978, he has started working at the age of 17 and he is the innovator of adding good product range of submersible product basket of LGM. His techno-pioneering spirit inspired the group to create India's first oil-based submersible pumps in 1991, an era when no one in India could achieve the same. He continued with many glorious benchmark's which has added extra garland in company growth with his continuous hard work and passion of supplying quality products. With his distinctive vision only LGM has created it's forayed into exports in 2003 and into the manufacturing of Stainless Steel Pumps in 2009.

A Graduate with a Bachelor's degree with an extra ordinary techno commercial aptitude , unique leadership, exclusive skill set, distinctive Learning and reading skills, he has set a benchmark in the Indian and global water solution industry by witnessing a range of satisfied customers .

2. Sanjeev Nimkar

Mr. Sanjeev Nimkar is currently Vice President at Kirloskar Oil Engines Limited (KOEL) & heads the Power Generation, Industrial and Customer Support Business verticals. Sanjeev joined KOEL in 2012 and has been driving all domestic new products, new businesses and brand initiatives.

He has over 20 years of rich and extensive experience panning across diverse industries and companies such as Philips Electronics India, ICI paints and Lafarge Cement.

Before joining KOEL in 2012, he was Director Marketing at Philips Electronics India. During his tenure at Philips, he led the Company's marketing functions including LED Lighting development for India, Heading Audio Product Business, prior to this his he was National channel head at ICI paints.

He holds a Post Graduate Diploma in Management from IIM Calcutta, Bachelor's degree in Electronics and Telecommunications from College Of Engineering, Pune and Diploma in Industrial Law from Symbiosis Law College Pune.

He is the recipient of numerous industry honors for his contribution in the marketing field.

3. Sunil Shah Singh

Mr. Sunil Shah Singh did his graduation B. Tech from Indian Institute of Technology, Delhi. He has experience in varied fields such as purchase, materials management, manufacturing overall business operations. He held many key positions like, Managing Director of ITD Cementation India Ltd., President of Energy works India Bechtel, Tetra Pak processing Kirloskar Pneumatic Co. Ltd, Board member of Mather Platt India Ltd.

4. Mahendra Lodha

Shri Mahendra Lodha, aged 60 years is B. Com (Honours), Law Graduate and Chartered Accountant (CA). He is a senior Chartered Accountant since 1981 with a rich and varied experience of more than 37 years in the areas of Investment Banking, Corporate and Project Finance, Corporate Restructuring, financial strategies and financial plans. He provides directions with respect to Financial Management and Operations of the many organization encompassing organizational and financial planning, formulation of financial policy, financial accounting, management control systems, cash and funds management, tax planning, mobilization and management of resources, liaison with financial institutions and capital market players. He provides valuable insights into the Securities and Insurance industries. In the year 2016 he left his professional career and is now involved in the business groups which are owned and managed by him along with his son.

5. Mr. Pawan Kumar Agarwal

Mr. Pawan Kumar Agarwal is B. Com (Hons.) from Calcutta University and is also a Fellow member of the Institute of Chartered Accountants of India (ICAI), an Associate member of the Institute of Cost and Works Accountants of India (ICWAI) and an Associate member of the Institute of Company Secretaries of India (ICSI). He is also certified by ICAI on IFRS and International Taxation.

Mr. Agarwal has more than 26 years of extensive experience in finance and accounting functions, auditing and taxation, financial analysis and reporting, compliance & legal, merger and acquisition, and corporate governance. 

Mr. Agarwal is currently working as the Chief Financial Officer of Kirloskar Oil Engines Limited with effect from 7th March 2020. Prior to this, Mr. Agarwal was working with VKL Seasoning (P) Limited as Group CFO providing leadership to the Finance, IT, Legal, Compliance & Governance functions to the three businesses within the Group. Prior to this, he has worked with Power Exchange India Limited as Executive Director, CFO and Company Secretary.

In the past, he has held leadership and responsible positions in corporates such as Thomson India, Bausch & Lomb, ICI Paints, and Quest International.

6. Ms. Gauri Kirloskar

Ms. Gauri Kirloskar attended Carnegie Mellon's Tepper School of Business, where she received a BSc. in Business Administration with a concentration in Finance. Previously she attended Phillips Academy, Andover, near Boston.

After graduation, Gauri worked as an investment banking analyst at Merrill Lynch in their Mergers and Acquisitions group where she analyzed the impact of proposed mergers, acquisitions, spinoffs and various restructuring alternatives on earnings, credit profile and value creation of various clients across the technology, real estate and retail industries. She then moved on to Pearson's Corporate Finance and Strategy group where she looked at bolt on acquisitions for their education business.

Since moving back to India in 2010, Gauri has been focusing her efforts on strategic initiatives for the Kirloskar Group into infrastructure and investments as well as functioning as a director and observer at several Kirloskar Group companies.

Her primary role is establishment of the Group's real estate business in Pune. This involves strategic alternatives analysis of value creation opportunities around the sale and development of the group's land banks. She has been involved in title clearance and land approvals, building up of the design brief and working closely with the IPCs.

She is also strategically involved in the team hiring and overall business plan of Kirloskar Capital, the Group's foray into the financial services business. She was an active participant in the process of filing for the RBI license for this business.

She leads the Group's efforts on branding, corporate communications and shared services. As a board member on Kirloskar Oil Engines since 2014, she is involved in regular compliance and performance reviews. She is also an active member of the committee that looks at new investments initiatives in the energy space.

Mr. Bansibhai Poonamchand Gajjar and Mr. Dilip V. Thakkar has tendered their resignation as Director from the Board of Directors of the Company with effect from 1 August 2017.
Mr. Antony Cherukara has tendered his resignation as Director from the Board of Directors of the Company with effect from 4 April 2019.
Mr. T. Vinodkumar, Ms. Smita Raichurkar and Mr. Varun Gajjar have tendered their resignations as Directors from the Board of the Company with effect from 23rd July 2020