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MANAGEMENT
Board of Directors


Promoter Directors
Mr. Ajay Kumar Choudhary, Chairman

Mr. Ajay Kumar Choudhary, is the guiding force for the group as a whole. The early stages of CLC’s growth can be attributed to Mr. Ajay Kumar Choudhary to a large extent. In association with the founder of the group Mr. Chiranji Lal Choudhary, it was he, who had seen the massive potential in textile trading and created foundation on which CLC Enterprises was built. With his inspiration, CLC Enterprises never looked back.


Mr. Mukund Choudhary, Managing Director

Mr. Mukund Choudhary is an able, extra-ordinarily talented Visionary Leader.

With opening up of textile sector and the momentous growth envisaged in this sector, he embarked upon a purposeful and systematic search for change and opportunity to expand organically and inorganically his textile business. He single handedly started rolling out his ambitious plans to create a global textile conglomerate where Quality is conscious choice, Delivery is a habit, People are the drivers, Customer Delight is a passion, and Competition is the inspiration. This was exhibited through spate of acquisitions, of lately being Tashkent Toytepa Tekstil Ltd. (now Spentex Tashkent Toytepa LLC), Uzbekistan. With his vision, he became the Corporate Architect for the group.

His inherent competence also lies in nurturing talents–making ordinary people perform extraordinarily through a combination of learning & training, empowerment, and entrepreneurship skill development–continuously and consistently. He has been successful in converting his company into a Talent Magnet; attracting, enabling and retaining the best people for competitive edge which the company enjoys.

Today, Mukund is a highly acclaimed businessman, speaker and torch bearer of professional enlightment. Known for being absolute workaholic, always excelling and making impact in whatever he does.

Mukund is a member of the following associations/committee:
  • Chairman of Ethiopian Business Forum, PHD Chamber of Commerce 2011-2012
  • President of the Northern Indian Textile Mills Association 2011-2013
  • Chairman of Young Business Leaders Forum, PHD Chamber 2011-12
  • Member of Executive Committee of PHD Chamber 2011-2012
  • Member of the Cotton Yarn Advisory Board of the G.O.I. from 2011
  • Member of the Cotton Advisory Board of the G.O.I. from 2011

Awards
&
Momento

Interview Links

CNBC Interview
01 October 2007

CNBC Interview
02 July 2007

CNBC Aawaz Interview
02 July 2007

 

Archive

 


Mr. Kapil Choudhary, Dy. Managing Director

Mr. Kapil Choudhary devotes his full attention on operations and marketing aspects in Spentex.

His saga of success and prominence began with his industrious nature, strong determination and perseverance coupled with strategic knowledge, clear vision and proper planning which established his credentials as a master marketing and networking specialist par excellence on a global scale. It was under his leadership that the company has made successful forays in exports to far off and developed markets such as Australia, U.K., South America, Canada, South East Asia, and E.E.C.

His contribution to the Indian Textile Industry has been honoured with the company winning The Cotton Textiles Export Promotion Council (Texprocil) awards for achieving a high level of exports for the last five years. He has also been a part of many Government sponsored Trade Delegations. Apart from his marketing network, he has keen interest in golf and has also won prizes in various tournaments.

Awards
&
Momento

Interview Links

CNBC Interview
01 October 07

 

 

 


Profile of Professional Directors:

Mr. Sitaram Parthasarathy, Director–Works, aged about 50 years, is a textile professional with more than twenty five years of experience in the spinning and weaving industry. He has an impressive track record, both academically and in setting up a number of textile projects and running them successfully. He was awarded Sri Yadalam Subbiah Setty Gold Medal in recognition of the academic distinction achieved by securing First Rank in B. Tech (Textiles), 1984, Bangalore University.

During his tenure with some of the leading groups of the country he underwent various training and traveled extensively for enhancing knowledge, skills, customer management and vetting technology.

His skill sets include benchmarking operational performances for optimization and meeting market and customer requirement, establishing systems for effective management through consistent and best practices.


Mr. Amrit Agrawal, Director–Finance,

Mr. Amrit Agrawal, Director–Finance, aged about 43 years is a finance professional having more than two decades of active front-end progressive experience and responsibility with documented success in the areas of strategic planning, business development , corporate affairs,  implementation under areas of finance, coupled with supervising commercial function, budgeting, compliance, treasury management ,accounts & taxation matters at corporate levels. He possesses ample experience of raising money from equity market via private placement, QIP coupled and debt market not only in India but also in International market for growth and expansion. He has specialty in merger & acquisition, takeovers and restructuring activities.

In last 10 years with group , he is steering the Group’s collective efforts  to expand group’s foot-print in international arena. Handle active front end acquisition dealings encompassing intense negotiations, restructuring financial plans and instruments, transfer of business, statutory approvals etc, and one time settlement &  debts restructuring with  lenders in India and abroad.

He is best known for his boundless energy, resourcefulness, practical and real world perspective that provides best practices and beneficial outcomes to the organization.

He is a Fellow member of the ICAI – New Delhi and ICSI – New Delhi and was awarded merit rank in recognition of the academic distinction by the ICAI – New Delhi.


Profile of Nominee of Citigroup’s Venture Capital Arm: CVCI:
Mr. Rajeev Kalra is a Director at CVCI's office in Delhi NCR and focuses on private equity investments in India. He has about 18 years of experience in the financial services industry, of which about 14 years have been in the private equity investment management.

Previously, he was a key member and Managing Director at AIF Capital's India office with similar responsibilities. And earlier as the head of the India office of HSBC Private Equity at Mumbai, Mr. Rajeev Kalra focused on identifying and evaluating private equity investment opportunities as well as strengthening the operations of portfolio companies. He started his career with SBI Capital Markets and handled a range of investment banking and corporate finance assignments.

He is a professionally qualified CA and a CFA. He graduated in honours from Shri Ram College of Commerce, University of Delhi, and has several academic distinctions to his credit.

Profile of Independent Directors:
Mr. Prem Malik, Post Graduate,
41 years of experience in Textiles & clothing in Companies such as Calico Mills, DCM Group, Mafatlal Group & Bombay Dyeing and an active member in various Committees and Boards.

Mr. Shyamal Ghosh, a retired IAS officer and former Secretary to Government of India has wide experience in various facets of business, industry, trade and commerce particularly textiles.

Mr. D.P. Singh, working as Chairman of National Institute of Fashion Technology and former Secretary to Government of India Ministry of Textiles and Ministry of Food Processing Industries. Served as Additional Secretary to Government of India Ministry of Defence and Ministry of Steel.

Mr. R.K. Thapliyal, M.A,.(Economics), 35 years of experience in SBI joined as Probationary Officer and retired as Chief General Manager by serving various departments.

Mr. Deepak Diwan, B.Com & LL.B, senior Corporate Law Advisor and provides consultation on corporate law matters.


Profile of Key Management Personnel   
Mr. C. B. Kataria, General Director Spentex STTL Uzbekistan,  B. Tech (Textile Technology) and Master of Management Science, has nearly 23 Years of experience in the textile industry particularly rich experience in spinning operations and working with this group since 2004. He had been handling domestic marketing as Sr. Vice President (Head- Domestic Marketing) of Spentex Industries Limited, India.

Mr. L.N. Kaushik, President, B. Tech in Textile Technology and M. Tech (IIT–Delhi), has 20 years of experience in leading textile industries in India, Indonesia and Sri Lanka.

 


Mr. Ravi Upadhyaya, Consultant-Corporate, MBA (FMS), has 25 Years of experience in the textile industry having worked with reputed mills in India. Mr. Upadhyaya has rich experience in spinning operations.


Mr. Rajnish Khetrapaul, Head-Marketing, B. Tech in Textile, MBA, has 26 Years of experience in the textile industry having worked with reputed mills in India.



Mr. Pankaj Sharma, Sr. Vice President (Marketing) B. Tech in Textile, MBA and CEM (Certificate In Export Marketing) has 26 Years of experience in the textile industry having worked with reputed mills in India. Associated with the group since last 17 years.



Mr. Ranjan Mangtani, Sr. Vice President (Corporate & Legal Affairs) & Company Secretary, B.Sc., LLB from Delhi University and FCS-Felow Member of Institute of Company Secretaries, New Delhi, has 33 years of experience in Public as well as Private sector and have been dealing in Legal, Company Secretarial and Corporate Affair matters throughout in various prestigious set-ups-Manufacturing as well as Service Industries. Since last 25 years, has been heading Legal & Corporate affairs functions and have been supervising as Group Company Secretary to associated Group Companies.



Mr. Ibrahim B. Maner, Unit Head, LTM from VJTI, Mumbai,  has 29 years across multiple functions in operations, in the textile spinning manufacturing sector, spinning production, quality control, product development, engineering and projects.


Mr. K. Sankaramani, Unit Head, Chartered Accountant, has 25 years experience in all aspects of commercial function.



Mr. Azad S. Arya, Unit Head, B.Text (Textile Technology) has 30 years of experience in the textile industry having worked with reputed mills in India.



Mr. Sushil Kumar Pandey, Unit Head, B.Sc.(H) B. Text (Textile Technology) with Hons, has 25 Years of experience in the textile industry having worked with reputed mills in India.


Profile of Technical Advisor:
Mr. S.P. Setia, (Consultant) B. Tech in Textiles Technology is a reputed consultant in the textile industry having experience in excess of 39 years in project implementation.

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