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Board of Directors
Our Directors
Mr. Mofatraj P. Munot
Non - Executive Chairman
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” each at the 22 nd Construction World Global Awards 2024, CREDAI - MCHI Golden Pillars Real Estate Awards 2023 and 10 th 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
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.
Mr. Narendra Kumar Lodha
Executive Director
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
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.
Mr. Narayan K. Seshadri
Independent Director
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.
Mr. Sunil R. Chandiramani
Independent Director
Sunil Rewachand Chandiramani is an Independent Director of our Company. He holds a bachelor’s degree in commerce from Sydenham College of Commerce and Economics, University of Bombay and an honours diploma in systems management from the National Institute of Information Technology. He is an associate of the Institute of Chartered Accountants of India. He has been associated with our Company since December 24, 2024. He is also the founder of NYKA Advisory Services. He was previously associated with S. R. Batliboi & Co. LLP and Ernst & Young LLP. He has over 35 years of experience in the field of accounting and advisory services.
Ms. Anjali Seth
Independent Director
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 since April 7, 1983. She has been associated with our Company since March 28, 2015, i.e., for over 9 years. Further, she has over 4 years of experience in the legal industry because of her previous associations with DCB Bank Limited and SNG and Partners.
Mr. Satish R. Bhujbal
Independent Director
Satish Rajaram Bhujbal is an Independent Director of our Company. He holds a bachelor’s degree in civil engineering from the College of Engineering, University of Pune and a bachelor’s degree in law from the Symbiosis Society’s Law College, University of Pune. He also holds a master’s degree in economics from the University of Pune. He was previously associated with Bharat Constructions, Engineers and Contractors and Eastern Limited at United Arab Emirates. Prior to joining our Company as an Independent Director, he has also been associated with our Company as the director - projects from July 1, 1995 till December 31, 2016. He has over [40] years of experience in the field of real estate and construction industry.
Key Managerial Personnel and Senior Management
Key Personnel
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.
Mr. Gajendra Mewara
Company Secretary and Compliance Officer
Mr. Gajendra Mewara is a qualified Company Secretary and Law Graduate with over 18 years of extensive experience in corporate secretarial functions, board processes, corporate governance and compliance management across diverse sectors, including healthcare, automobile, infrastructure, insurance, and real estate.
He has handled key assignments viz. IPO, QIP, mergers and amalgamations, private equity transactions, setting up compliance management framework and implementation of good corporate governance practices across various organisations.
Prior to joining the Company, Mr. Mewara served as the Company Secretary and Compliance Officer at Vertis Fund Advisors Private Limited, the investment manager to the Vertis Infrastructure Fund, an Infrastructure Investment Trust (‘InvIT’) sponsored by KKR. He has also held the position of Company Secretary and Compliance Officer at The Phoenix Mills Limited. In addition, his professional experience includes key roles at Mahindra & Mahindra Limited, Aditya Birla Sun Life Insurance Company Limited, and Metropolis Healthcare Limited, among others.
He has handled key assignments viz. IPO, QIP, mergers and amalgamations, private equity transactions, setting up compliance management framework and implementation of good corporate governance practices across various organisations.
Prior to joining the Company, Mr. Mewara served as the Company Secretary and Compliance Officer at Vertis Fund Advisors Private Limited, the investment manager to the Vertis Infrastructure Fund, an Infrastructure Investment Trust (‘InvIT’) sponsored by KKR. He has also held the position of Company Secretary and Compliance Officer at The Phoenix Mills Limited. In addition, his professional experience includes key roles at Mahindra & Mahindra Limited, Aditya Birla Sun Life Insurance Company Limited, and Metropolis Healthcare Limited, among others.
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.
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.
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.
