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  AMC

Sponsored by IDBI Bank, the IDBI Asset Management Limited was incorporated under the Companies Act, 1956 on 25th January 2010. (IDBI AMC Corporate Identification No: U65100MH2010PLC199319)

The registered office of IDBI Asset Management Ltd. is situated at IDBI Tower, WTC Complex, Cuffe parade Colaba, Mumbai – 400 005. & Corporate Office of IDBI Asset Management Ltd. is at 5th Floor, Mafatlal Centre, Nariman Point, Mumbai - 400 021.

The Trustee Company has appointed IDBI Asset Management Limited to manage the Mutual Fund. The Board of Directors of the AMC are:


Directors of AMC


Mr. M. S. Raghavan

Chairman
(DIN: 05236790)

Mr. M. S. Raghavan (DIN: 05236790) (CMD of IDBI Bank Ltd.) is the Chairman of IDBI Asset Management Ltd. Immediately prior to joining IDBI Bank, he was posted as Executive Director, Bank of India. He has over 36 years of experience in the Banking and Financial sector. In a career spanning 36 years with IOB, Shri. Raghavan (DIN: 05236790) held several distinguished positions in the Bank's hierarchy in the areas of Credit, Operations and Information Technology Shri. Raghavan's (DIN: 05236790) contribution to the banking system, especially with regard to IT, is widely acclaimed by the banking fraternity. IBA and IDRBT have nominated him on various committees of their organizations to tap his vast and diversified experience in the banking sector.

The other organizations where he is Chairman / Director are:

Organization Name

Any
association
with the
sponsor

Position Held

Nature of job responsibilities

Period From – To

 IDBI Bank Ltd.

Sponsor

Chairman & Managing Director

Board level responsibility

Continuing

 IDBI Capital Market Services Ltd

Subsidiary

Chairman

Board level responsibility

Continuing

IDBI Intech Limited

Subsidiary

Chairman

Board level responsibility

Continuing

IDBI Trusteeship Services Limited

Subsidiary

Chairman

Board level responsibility

Continuing

IDBI Federal Life Insurance Co. Limited

Associate

Chairman

Board level responsibility

Continuing

Export Import Bank of India

Associate

Director and Member of Audit Committee

Board level responsibility

Continuing

Entrepreneurship Development Institute of India

Associate

President of the Governing council

Board level responsibility

Continuing

Management Development Institute

Associate

Member of the Board of Governors

Board level responsibility

Continuing




Mr. S.K.V. Srinivasan

Nominee Director
(DIN: 02564527)

Mr. S. K. V. Srinivasan (DIN: 02564527) is a graduate in Engineering with professional qualification in finance (PGDBM) and banking (CAIIB). He has over three decades of Commercial Banking experience covering Corporate, Retail and Transaction Banking having lead the banks business strategies in various geographies across India. In his present role as Executive Director, he is heading the Retail Business of the Bank.

Organization Name

Any
association
with the
sponsor

Position
held

Nature of job responsibilities

Period From – To

Haldia Petrochemicals Ltd

Borrower

Director

 

Continuing

SIDBI

Associate

Director

 

Continuing

IDBI RSETI (Rural self Employment Training Institute)

No

Trustee

 

Continuing






Mr. Satya Narayan Baheti

Managing Director & Chief Executive officer
(DIN : 00136476)

Mr. Satya Narayan Baheti (DIN : 00136476) has over three decades of collective experience in the banking and financial services industry. He has been associated with IDBI Bank Ltd. since 1983 in several offices/ departments of the Bank and its subsidiaries in different capacities. He has handled responsibilities in departments such as Central accounts, Company Secretarial functions, Regulatory & Statutory Compliance, Risk, Internal Audit, Corporate finance, Capital markets, Handling Statutory Audits & RBI inspections, Taxation, Forex Operations, Bank Merger related work, Computerisation and IT initiatives, MIS framework development, Resources Mobilisation and Investor Servicing, Institution building, Project Appraisals, Credit Risk Assesment & Rating, Research Studies, Company Boards, Performance monitoring and Organisation – wide coordination at top management level with all round exposure to activities of DFI and Commercial Banking. Mr. Baheti (DIN : 00136476) also has the experience of setting up IDBI Capital Market Services Ltd. Prior to joining IDBI AMC, Shri Baheti (DIN : 00136476) has been working as Chief General Manager in IDBI Bank Ltd. He holds additional responsibility as Managing Director of IDBI Infrafin Ltd., a subsidiary of IDBI Bank Ltd.

Organization Name

Any
association
with the
sponsor

Position
held

Nature of job responsibilities

Period From – To

Bhushan Power and Steel Limited

Borrower

Nominee Director

 

Continuing

IDBI Infrafin Limited

Subsidiary

Managing Director

 

Continuing






Mr. J. N. Godbole

Independent Director
(DIN: 00056830)

Mr. J. N. Godbole (DIN: 00056830), Independent Director is on the Board of many listed companies as Independent Director. Prior to retirement, he was a Whole Time Director and also functioned as Chairman & Managing Director of IDBI Ltd. He has vast experience in banking & finance with positions held in various capacities in the past with IDBI Ltd.


His other Directorships are:

Organization Name

Any association with the sponsor

Position held

Nature of job responsibilities

Period
From – To

J.K.Cements Ltd.

No

Independent Director

 

Continuing

Embio Ltd.

No

Independent Director

Member of Audit Committee

Continuing

Gilander Arbuthnot  & Co. Ltd.

No

Independent Director

Member of Audit Committee

Continuing

IMP powers Ltd.

No

Independent Director

Joint Chairman of Audit Committee

Continuing

Madhya Bharat Papers Ltd.

No

Independent Director

Member of Audit Committee

Continuing

Zuari Agro Chemicals Ltd.

No

Independent Director

 

Continuing

Zuari Global Limited

No

Independent Director

 

Continuing

IITL Projects Limited

No

Independent Director

 

Continuing

Emami Paper Mills Limited

No

Independent Director

 

Continuing

Saurashtra Cement Ltd.

No

Independent Director

 

Continuing

Gujarat Alkalies & Chemicals Ltd.

No

Member of Audit Committee & Project committee

Member of Audit Committee & Project committee

Continuing

Kesar Multimodal Logistics Ltd

No

Independent Director

 

Continuing

Midas Asset Reconstruction Company Pvt. Ltd.

No

Independent Director

 

Continuing





Dr. Yashwantrao S.P Thorat
Independent Director
(DIN: 02652734)

Dr. Yashwantrao S.P. Thorat (DIN: 02652734), Independent Director was the Chairman of NABARD and Executive Director, RBI. He is the CEO of N.I.B.M. and Rajiv Gandhi Charitable Trust. Dr. Thorat (DIN: 02652734) is a Director on the Board of certain listed companies and a Member of the Board of many Institutions and Educational Trusts.


His other Directorships are:

Organization Name

Any association with the sponsor

Position held

Nature of job responsibilities

Period
From – To

Rajiv Gandhi Charitable Trust

No

CEO

Overall superintendence and control

Continuing

Sahayog Micro Management (formerly known as Shraddha Properties and Finance Limited, NBFC (Non- Banking Finance Company),

No

Non-Executive Chairman

Board level responsibility

Continuing

Tata Chemicals Ltd

No

Independent Director

 Board level responsibility

Continuing

Sahayog Micro Finance Limited

No

Non Executive Independent Director & Chairman

Board level responsibility

Continuing

Khed Developers Ltd.

No

Independent Director

Board level responsibility

Continuing

Star Agri Warehousing and Collateral Management Limited

No

Independent Director

Board level responsibility

Continuing

Rallis India Limited

No

Independent Director

Board level responsibility

Continuing

Gokaldas Exports Limited

No

Independent Director

Board level responsibility

Continuing

Prabhat Diary Private Limited

No

Independent Director

Board level responsibility

Continuing

Aagrium Farm Products Private Limited

No

Independent Director

Board level responsibility

Continuing

Ambit Holdings Pvt Ltd

No

Independent Director

Member of Audit Committee and Investment Risk Management Committee

Continuing

Maharashtra Agriculture Universities Recruitment Board, MCAER, GOM

No

Chairman

Board level responsibility

Continuing

Shivaji University

No

Member -

Senate and Academic Council

Continuing

D.Y. Patil University, Kolhapur

No

Member

Governing Board

Continuing

Micro Pension Foundation

No

Additional Independent Director

Board level responsibility

Continuing

Operation Aasha

No

Independent Director

Board level responsibility

Continuing

Adelika Research and Agricultural Institute

No

Independent Director

Board level responsibility

Continuing

Yashwantrao Chavan School of  Rural Development

No

Member, Advisory Board

 

Continuing

Dry Land Farming Mission, Government of Maharashtra

No

Executive Chairman

 

Continuing

MBA (Agri) College Talegaon

No

Member, Academic Council

 

Continuing

Committee to revise the Academic, Research and Extension Curricula of Agricultural Universities (GOM)

No

Co- Chairman

 

Continuing

Chairman Committee to suggest Bifurcation of PDKV, Akola and MPKV, Rahuri (GOM)

No

Chairman

 

Continuing

Committee to suggest Measures to Improve the Agricultural Growth Rate in Maharashtra

No

Chairman

 

Continuing

Revitalising Rainfed Agricultural Networks

No

Member, Advisory Board

 

Continuing




Lt. Gen.Mukesh Sabharwal

PVSM, AVSM**, VSM (Retd)
Independent Director
(DIN: 05155598)

Lt. Gen. Mukesh Sabharwal, PVSM, AVSM**, VSM (Retd) (DIN: 05155598), Independent Director had an outstanding career of 40 years with the Indian Army. During the course of his service, he had served as the Corps Commander in Srinagar and Security Advisor to the J&K Government. He was also the Adjutant General of the Indian Army and in this capacity, the Principal Staff Officer to the Government of India and Advisor to the Chief of Army Staff.

As the Chairman of ‘Army Group Insurance Fund’ and ‘Ex- servicemen Contributory Health Scheme’ he oversaw investments amounting to over Rs 20000 crores. Besides, in his capacity as the Chairman of ‘Army Welfare Housing Organisation’, he was responsible for directing policies for provision of housing to soldiers.

His other Directorships are:
Organization Name Any
association
with the
sponsor
Position
held

Nature of job responsibilities

Period From – To
Yes Bank Ltd No Director   Continuing


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