Board of Directors

GRK Reddy, Promoter, Director (Non Independent)

A first generation entrepreneur, GRK Reddy is the Chairman & Managing Director of MARG Ltd., a leading infrastructure development company in India.

Reddy completed his Advanced Executive Management Program from Kellogg Business School, USA. In the year 1985, he started his career as a Merchant Banker and joined CIFCO a premier merchant banking firm in the 1987 alongside JM Financials and DSP, who were the market leaders.

With astute business acumen learned from CIFCO he went on his own and founded MARG Constructions Ltd in 1994. He has been the Chairman of the Confederation of Indian Industries (CII) for its Chennai Zone. He is also a member of various councils like National Council on Infrastructure, National Council on Real Estate and Housing, CII Taskforce for building inclusive cities etc. wherein he has been giving valuable contributions.

Reddy is also nominated as a Chairman of Infra-2007 wherein he spearheaded the new development agenda for Chennai. The forum came out with a development plan famously called MAP, to transform Chennai into a world class city, which was readily appreciated by TN Government. Reddy is also the charter member of TIE (The Indus Entrepreneurs), and global network for fostering entrepreneurship.

V P Rajini Reddy, Director (Non Independent)

V. P. Rajini Reddy is a whole-time director of KPPL. She brings with her, a vast experience of 12 years in high-calibre management. She holds an Engineering degree from Sri Venkateswara University. In the year 1996, along with two Business partners, she set up a training center to cater the training needs of all the IT and ITES sectors like – Medical Transcription, Medical Billing, and Call Center etc. In 1999, she started Exemplarr (Previously known as RR Infotech), a BPO with her husband, GRK Reddy to offer services in the HealthCare sector and later diversified into various domains like document management services, Legal services and E-Publishing.

Karanjit Singh Jasuja, Director (Independent)

Singh is a fellow member of Institute of Chartered Accountants of India. He has been authoring articles on professional topics. He has held senior position in various industries. He is presently carrying on his practice as a Chartered Accountant. He has been advisor to all kind of Capital Market operations and is an expert on taxation and finance.

Dr. S. Narasimha Rao, Director (Independent), Technical Advisor

Dr. Rao has over 35 years of experience in the Marine Sector. A distinguished Professor with IIT, Chennai for ~ 30 years, he is Currently Director on the board of Dredging Corporation of India. He has coordinated the development works the Indo German Project and has been the project coordinator for more than 110 projects of CPWD, state PWD and major ports & harbors. He has also worked as the arbitrator for Marmugao Port Trust during 2001-2002 and Project at Mangalore during 2005-2006. He is a Civil Engineer from Andhra University and has a PHD in Soil Mech. from Indian Institute of Science, Bangalore

Sachin Johri, Nominee Director ( Non-Executive) Professional

Sachin Johri is currently the Managing Director - Investments of IDFC Project Equity. He has over 16 years of international experience with leading global financial institutions. He joined IDFC in May 2006 as the first member of the Indian Infrastructure Fund (IIF) team. He led the acquisition of the first three seed assets identified for IIF and also assisted in the structuring of IIF for the Indian market.

Prior to joining IDFC, He served as a Senior Vice President at Macquarie's Singapore Office where he was responsible for regional corporate finance and infrastructure business. He directed Macquarie's initiatives in the infrastructure sector in India for origination and execution of transactions.

Prior to Macquarie, he worked for Dresdner Kleinwort Wasserstein where he headed the project finance advisory and arranging business division. He worked with large number of multinational clients, helping them raise finance for large projects and also provided strategic and bid advice to both government and private investors. In 2000, he moved to the firm's Singapore office where he was responsible for regional project finance and financial restructuring business. Sachin commenced his career in 1992 with ICICI Ltd., Mumbai where he worked on first set of project financings in India. He was also an advisor to State Governments in their program to select bidders to develop large Independent Power Plants.

Sachin holds a Masters in Business Administration from the Indian Institute of Management, Ahmedabad and a B.Tech in Electrical Engineering from the Indian Institute of Technology, Kanpur.

Ajay Mittal,  Nominee Director (Non- executive) Professional

Ajay is a founding member of Ascent. He was part of the initial team that set up UTI Group's venture business in mid 2000 through UTI Ventures. Ajay brings deep experience and understanding of Indian entrepreneurs, capital markets, financial structuring, and matters relating to taxation and regulations.

He was previously with UTI Mutual Fund where he managed India Access Fund, the first India dedicated offshore index fund. He played a key role in UTI's investment monitoring team and was involved in the restructuring of several portfolio companies across diverse sectors.

Ajay graduated from Shri Ram College of Commerce, and then qualified as a Chartered Accountant and was amongst All India toppers. He is also a qualified Cost Accountant.

Ajay is actively involved in furthering education in weaker society through his school's Alumni Association

Namit Arora, Nominee Director (Non - Executive) Professional

Mr. Arora is a Director at Standard Chartered Private Equity ("SCPE") since early 2008. He has over 18 years of experience in financial services including 14 years of experience in Private Equity and Investment Management.

Mr. Arora is focused on Private Equity, Growth Capital and Private Investments in Public Equity (PIPE) investments since early 2000, including Principal Investing / Private Equity at Bank of America (2000-2006) and Morgan Stanley (2007-08). Previously he focused on Public Market Investments research and institutional investment advisory business at J.P. Morgan, India (ICICI Securities) during 1995-1998 and investment banking at Dresdner Kleinwort Wasserstein (1998-2000). He currently represents SCPE as Board Director on the Boards of various investee companies including Ocean Sparkle, Craftsman Automation, Karaikal Port and Privi Organics. Prior to the successful exit of SCPE's investment in PI Industries, he represented SCPE as Board Observer on the Board of PI.

In his personal capacity, Mr. Arora is a Director on the Board of the Indian Association of Investment Professionals ("IAIP"), the India Society of CFA Institute, USA. He currently also serves as the Vice President of IAIP and as a member of the global Capital Markets Policy Council (CMPC) of CFA Institute.

Mr Arora has been an active member of the corporate, financial services and investments community in Mumbai since 1995, after completing his B. Tech (IIT, 1989-93) and MBA (IIM, 1993-95). He is a Chartered Financial Analyst (CFA) Charter Holder and a founding member of the Indian Association of Investment Professionals (IAIP, the India Society of CFA Institute, USA).

Sunil Chawla, Nominee Director (Non - executive) Professional

Sunil Chawla is a Partner at Jacob Ballas Capital India Private Limited, a premier private equity firm that advises three India Funds with total assets under management of more than USD 600 million, and New York Life Insurance Company as the anchor investor. He is a Chartered Accountant with more than 25 years of functional experience in Private Equity, Corporate Finance, Investment Banking, M&A and Corporate Advisory, Investment Advisory and Management, Assurance, Taxation, Accounting and Project Finance and monitoring.

Sunil’s previous assignment was with Tata Finance Limited – at that time India’s largest non-banking finance company – as Head of Corporate Finance for North India. Before that he spent two years with International Development Research Centre (IDRC), Canada as the Finance Head of its South Asia Regional Office.

Sunil currently serves on the boards of Bhilwara Energy Limited (a leading Indian hydro power generation company), SEW Infrastructure Limited (a leading construction EPC company and infrastructure developer), PNC Infratech Limited (a leading road construction company and infrastructure developer), DBM Geotechnics and Constructions Private Limited (a leading geotechnical services and marine infrastructure construction company) and Karaikal Port Private Limited (a premier port operating company).