29 September 2023: Hikal Limited announced that in the 35th Annual General Meeting of the company held on 26th September2023, the shareholders have approved the appointment of BerjisMinoo Desai and Ramachandra KaundinyaVinnakota as Independent Directors of the company for a period of 5 years with effect from October 1st,2023.
Berjis Desai has been practicing transactional and dispute resolution laws for the last 43 years. Since 2003,Berjis has been the Managing Partner, and from 2016, the Senior Partner, of J. Sagar Associates (JSA), anational law firm having more than 300 lawyers. He retired from JSA on April 1, 2017. He is a director of leading listed and non-listed public companies in India including The Great Eastern Shipping Company Limited, Praj Industries Limited, Jubilant Food Works Limited, Man Infraconstruction Limited, Star Health &AlliedInsuranceCompanyLimited,ChambalFertilisers&ChemicalsLimited,EmcurePharmaceuticalsLimitedand Invent urus Knowledge Solutions Limited.
Ramachandra Kaundinyais an expert in the field of management, especially in the business of agriculture. He has a total corporate experience of about 35 years at very senior positions followed by consulting experience of 9 years. He is an author, strategic management consultant, teacher and a policy analyst in India. V. Ramachandra Kaundinya has served on the Boards of Axis Bank, Syngenta India and Axis Finance.RamachandraKaundinyahasservedasChairmanoftheCropLifeIndiaandAgriculturalGroupofthebiotechindustryassociationcalledABLEandwastheDirectoroftheAssociationofSeedIndustry(ASI).HeiscurrentlyDirector General of Federation of Seed Industry of India. He teaches Agri Business Strategy to Agri MBA students at IIMA. He held Chief Executive Officer positions at Advanta Ltd, Emergent Genetics India and Cyanamid Agro. He served as a senior member of the management team of HoechstIndiafor13years.
Commenting on the approval Mr. Jai Hire math, Chairman of Hikal, “We are pleased to welcome Mr. Berjis Desai, an eminent lawyer and Mr. Ram Kaundinya, a Crop Protection specialist to the Board of Hikal. Both Berjis and Ram have in-depth experience across different sectors and are leading experts in their respectiveprofessions.TheirproficiencyandknowledgewillgreatlystrengthentheHikalBoard.”