Leadership Team

Group founder

Mr. Mofatraj P. Munot

Non - Executive Chairman

Mr. Mofatraj P. Munot is the Non-Executive Chairman of our Company. He completed matriculation from Sardar Senior Secondary School, Jodhpur. He has been associated with our Company since incorporation. He is the ex- President of the Maharashtra Chamber of Housing Industry. He has been awarded the “the lifetime achievement award” at the CREDAI - MCHI Golden Pillars Real Estate Awards 2023 and 10th Realty Plus Excellence Awards 2018. He is primarily responsible for all strategic initiatives and guides the management on critical issues pertaining to our Company. He has over 55 years of experience in the real estate business, property development, civil contracting and various other industries.

Mr. Parag M. Munot

Managing Director

Mr. Parag M. Munot is the Managing Director of our Company. He holds a master’s degree in science (in the field of industrial administration) from Carnegie Mellon University, Pennsylvania. He has been associated with our Company since October 1, 1990. He has over 33 years of experience in real estate and property development. He is primarily responsible for the real estate and property development business of the Kalpataru group. He is primarily responsible for Strategy, Sales & Marketing and Operations functions of our Company. He also provides strategic support and drives new business initiatives within the real estate business.
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Mr. Narendra Kumar Lodha

Executive Director

Mr. Narendra Kumar Lodha is the Executive Director of our Company. He holds a bachelor’s degree in commerce from S.D. Government College, University of Rajasthan. He has passed final examination held by the Institute of Chartered Accountants of India and the Institute of Company Secretaries of India. He has been associated with Kalpataru Group since March 7, 1988. He has over 36 years of experience in the real estate industry. He is responsible for handling business development and commercial assets.

Mr. Imtiaz I. Kanga

Non-Executive Director

Mr. Imtiaz I. Kanga is a Non-Executive Director of our Company. He holds a bachelor’s degree in commerce from H.R. College of Commerce and Economics, University of Bombay. He is a member of the Institute of Chartered Accountants of India. He has been associated with our Company since September 30, 2002. He has over 26 years of experience in in real estate business and property development. He was previously associated with Kalpataru Construction Overseas Private Limited, (currently known as Kalpataru Properties Private Limited), a Subsidiary Company of Kalpataru Limited since November 01, 1997.
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Mr. Dhananjay N Mungale

Independent Director

Mr. Dhananjay N Mungale is an Independent Director of our Company. He has passed the LL.B. degree examination from the University of Bombay. He is also a member of the Institute of Chartered Accountants of India. He has been associated with our Company since September 16, 2010. He was previously associated with DSP Financial Consultants Limited, Bank of America and DSP Merrill Lynch Limited. He has over 22 years of experience in the investment banking sector and corporate financial advisory services and real estate industry.

Mr. Om Parkash Gahrotra

Independent Director

Mr. Om Parkash Gahrotra is an Independent Director of our Company. He holds a master’s degree in social science (development finance) from the University of Birmingham. He also holds a master’s degree in financial management from Jamnalal Bajaj Institute of Management Studies, University of Bombay. He has been associated with our Company since September 16, 2010. He is a former Indian Administrative Services officer belonging to the batch of 1969 of Maharashtra cadre of service. He has over 24 years of combined experience in finance and public administration among others. He was previously associated with Securities and Exchange Board of India as senior executive director.
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Ms. Anjali Seth

Independent Director

Ms. Anjali Seth is an Independent Director of our Company. She holds a bachelor’s degree in law from the University of Delhi. She is enrolled as an advocate of the Bar Council of Delhi. She has been associated with our Company since March 28, 2015. She has over 4 years of experience in the legal industry. She was previously associated with DCB Bank Limited and SNG and Partners.

Mr. Narayan K. Seshadri

Independent Director

Mr. Narayan K. Seshadri is an Independent Director of our Company. He is a member of the Institute of Chartered Accountants of India. He has been associated with our Company since August 2, 2024. He has over 20 years of experience in various sectors across industries including consulting. He was previously associated with KPMG Consulting Private Limited.
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Mr. Chandrashekhar Joglekar

Chief Financial Officer

Mr. Chandrashekhar Joglekar is the Chief Financial Officer of Kalpataru Limited. He has been associated with us since September 23, 2004. He holds a bachelor’s degree in commerce from the University of Bombay. He is a member of the Institute of Chartered Accountants of India. He is also qualified as a Certified Information Systems Auditor from Information Systems Audit and Control Association, USA. He is responsible for, inter alia, overseeing finance, accounts, corporate secretarial, and taxation areas in the company. He has over 31 years of total experience out of which more than 28 years of experience is in the real estate industry. Prior to joining our Company, he was associated with Fem Care Pharma Limited, Deshmukh Builders Private Limited and Hiranandani Developers Private Limited. In Fiscal 2024, he received a remuneration of ₹ 28.28 million from our Company.
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Mr. Abhishek Thareja

Company Secretary and Compliance Officer

Mr. Abhishek Thareja is the Company Secretary and Compliance Officer of Kalpataru Limited. He has been associated with our Company since May 21, 2022. He holds a provision certificate for a bachelor’s in commerce from the R. R. College, Alwar, University of Rajasthan. He is a member of the Institute of Company Secretaries of India. He is responsible for, inter alia, for ensuring conformity with the applicable regulatory provisions, coordination with and reporting to SEBI, stock exchanges and depositories with respect to compliance with rules, regulations and monitoring email address of grievance redressal division of the Company for redressing complaints of investors. He has over 20 years of experience in corporate affairs and compliances. Prior to joining our Company, he was associated with Glenmark Pharmaceuticals Limited, Pidilite Industries Limited, Reliance Industries Limited, Indo Count Industries Limited and Mumbai International Airport Limited. In Fiscal 2024, he received a remuneration of ₹ 6.06 million from our Company.

Mr. Jayant Oswal

Head - Pune of Kalpataru Limited

Mr. Jayant Oswal is the head - Pune of Kalpataru Limited. He has been associated with our Company since December 6, 2011. He holds a bachelor’s degree in civil engineering from Bangalore University. He is responsible for, inter alia, overlooking all operations for Pune and Hyderabad regions. Prior to joining our Company, he was associated with Kalpataru Construction Overseas Private Limited, and Shapoorji Pallonji and Company Limited. He has over 39 years of experience in the real estate industry. In Fiscal 2024, he received a remuneration of ₹ 30.91 million from our Company.
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Mr. Bavneesh Gulati

Director - Human Resources

Mr. Bavneesh Gulati is the director - human resources of Kalpataru Limited. He has been associated with our Company since June 30, 2007. He has passed the bachelor’s in science III examination and the master’s in business administration examination from Himachal Pradesh University. He is responsible for, inter alia, all people practices in the Company. He has over 20 years of experience in the human resource management. Prior to joining our Company, he was associated with Hindustan Petroleum Corporation Limited, and RPG Enterprises. In Fiscal 2024, he received a remuneration of ₹ 19.24 million from our Company.

Mr. Sachin Kanitkar

Director – Operations

Mr. Sachin Kanitkar is the director – operations of Kalpataru Limited. He has been associated with us since July 15, 1988. He holds a bachelor’s degree in civil engineering from Sardar Patel College of Engineering, University of Bombay. He has also been awarded a diploma in civil engineering (incorporating in-plant training) by the Board of Technical Examinations, Government of Maharashtra. He is responsible for, inter alia, all the operations in Mumbai including project execution, designing, procurement, quality, planning and horticulture. He started his career in 1988 with Kalpataru Group and has over 36 years of experience in real estate industry. In Fiscal 2024, he received a remuneration of ₹ 30.43 million from our Company.
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