Independent Director
Mr. Ramesh Kumar Aggarwal has 38 years of experience in finance, accounts,commercial, projects, and business development. He has been a key member of a Senior Management Team since 1994. His experience includes 10 years internationally with an Aditya Birla Group textile mill in Indonesia and an acrylic fiber
manufacturing plant in Egypt. His professional experience highlights includes;
Turnarounds: He has turned around several loss-making projects and companies.He took the Bhubaneshwar Coal Mining Project from a loss-making status to
becoming India's largest and most profitable coal mine. He also turned around Alexandria Fibre Company and Grasim Bhiwani Textiles, both of which were
incurring losses.
Leadership and Management: He served as CEO of TIL Limited, where he restructured the organization and improved financial management and reporting. He
was the President & Unit Head of Alexandria Fibre Company in Egypt and Grasim Bhiwani Textiles Limited.
Project and Business Development: He was the Head of Projects & Business Development at Essel Mining & Industries Ltd. and initiated a 75 MW Wind Power
Project in Maharashtra, which is now debt-free and generates Rs. 50.00 crores annually. He was also involved in the development of a rail link project with an
estimated investment of Rs. 1000 Crore.
Financial Expertise: He has held positions as CFO at Essel Mining & Industries Ltd.and has experience in raising funds, optimizing treasury operations, and forex management.
Education: He holds a B. Com degree from the University of Rajasthan and is a qualified Chartered Accountant and Company Secretary.
He has been appointed as an Independent Director of the Company effective October 29, 2025.