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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.

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 has been/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


Interview Links

CNBC Interview
01 October 2007

CNBC Interview
02 July 2007

CNBC Aawaz Interview
02 July 2007




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.


Interview Links

CNBC Interview
01 October 07




Profile of Professional Directors:

Mr. Amrit Agrawal, Director-Finance, aged about 48 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 15 years with group, he is steering the Group’s collective efforts to expand group’s foot-print in international arena. Handled active front end acquisition, ARC dealings encompassing intense negotiations, restructuring financial plans and instruments, transfer of business, statutory approvals, HR, procurement, CDR, 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 Independent Directors:
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.

Mr. S. K. Nath, B.Sc, (Honours), CAIIB - Nominee Director appointed by the State Bank of India. He retired as the Chief General Manager from the State Bank of India, Corporate Centre, Mumbai.

Ms. Kamal Kapur, Woman Independent Non-executive Director is a Certified trainer, certified by the University of Cambridge to teach English to adults. She also taught Fashion Merchandising & Marketing at Amity University and at the National Institute of Fashion Technology, and conducted Workshops and Training modules in the area of soft skills for Educational Institutes and Corporate Houses over the past 30 years.

Profile of Key Management Personnel   

Mr. L.N. Kaushik, President, B. Tech in Textile Technology and M. Tech (IIT-Delhi), has 25 years of experience in leading textile industries in India, Indonesia and Sri Lanka.


Mr. Rajnish Khetarpaul, Head-Marketing, B. Tech in Textile, MBA, has 28 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 27 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) &, B.Sc., LLB from Delhi University and FCS-has 37 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 29 years, has been heading Legal & Corporate affairs functions.

Dr. Sunil Kumar Gupta, Vice President- Internal Audit and company Secretary is a Post Graduate in Commerce( Gold Medalist), FCS, FCMA, Ph.D ( Corporate Governance ) with over 35 years of  Corporate experience with Public and Private sector organizations and have wide exposure in  Finance, Costing, Internal Audit, Legal and Company Secretarial functions. He  has also been involved in Mergers and Acquisitions, CDR, Anti Dumping and Corporate restructuring.

Mr. Ibrahim B. Maner, Unit Head, LTM from VJTI, Mumbai, has 35 years of experience 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 34 years experience in all aspects of commercial function.

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 40 years in project implementation.

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