Board of Directors

Ravi Goenka Executive Chairman

Ravi Goenka, is the Executive Chairman of our Company. He holds a bachelors’ degree in chemical engineering from Bangalore University. He has been associated with our Company since inception, and has approximately 30 years of experience in the chemicals and paper industries, 16 years of experience in the education industry, and 21 years in the power industry. He is a director on the board of International Knowledge Park Private Limited which established Ecole Mondiale World School and Russell Square International College. He was also the ex-trustee of Mumbai Port Trust and Jawaharlal Nehru Port Trust, and is presently, the president of the executive committee of the Indian Chemical Council for the period from 2020 to 2022.

Dr. Rajan Venkatesh Chief Executive Officer & Managing Director

Dr. Rajan Venkatesh is the Managing Director and the Chief Executive Officer. He joined Laxmi in April 2023.

Rajan obtained his Master of Science in Chemistry from the Institute of Chemical Technology in Mumbai in 1999, and later moved to the UK to pursue higher studies. He completed Master of Philosophy in Polymer Science and Technology from the University of Manchester in 2000. He later enrolled at the Eindhoven University of Technology in The Netherlands and graduated in 2004 with a Doctor of Philosophy in Polymer Chemistry.

Dr. Rajan has dealt with diverse cultures during his professional journey. He has had the opportunity to work across different markets and cultures. He was with BASF for two decades where he led various businesses, functions and large scale projects across Germany, Singapore, India and Hong Kong.

In his last assignment before Laxmi, Dr. Rajan served as Senior Vice President, Care Chemicals, Asia Pacific responsible for P&L and general management for key customer relations, sales, marketing, HR, controlling, supply chain, related production site (eight sites), R&D, sustainability, investments/M&A, joint venture management for markets including Greater China, ASEAN, South Asia, Japan, Korea and ANZ.

Harshvardhan Goenka Executive Director – Strategy & Business Development

He has nine years of experience in the chemicals industry. He leads the business development initiatives of our Company.

He has a bachelors' degree in science from Babson College, Boston USA

Rajeev Goenka Non-Executive Director

Rajeev Goenka, is a Non-Executive Director of our Company. He holds a masters’ degree in business administration from Lehigh University. He has been associated with our Company since August 1994 and has approximately 26 years of experience in the chemicals industry, 21 years of experience in the renewable energy, and 17 years of experience in the field of education. He was the vice president-business development of Maharashtra Aldehydes Chemicals Limited from 1991 to 1994, and currently serves as a member on the board of directors of Maharashtra Aldehydes Chemicals Limited. He is the founding member of, and a director on the board of directors of International Knowledge Park Private Limited which established Ecole Mondiale World School and Russel Square International College. He is also a trustee of the Laxmidevi Nathmal Goenka Charitable Trust.

Manish Chokhani Independent Director

Manish Chokhani, is an Independent Director of our Company. He holds a masters’ degree in business administration from London Business School, University of London. He is an associate of the Institute of Chartered Accountants of India and has been admitted as a fellow of the All India Management Association. He served as a Managing Director and CEO of Axis Capital Limited from 2012 to 2013. He has been associated with our Company since March 2012 and has 13 years of experience in the securities market. Prior to joining the Company, he was the director of Enam Securities Private Limited from 2006 to 2019. He served as chairman of TPG Growth India during 2015-2016, and as senior advisor to TPG Growth during 2013-2019. He currently holds the position of independent director on the boards of various companies including Landmark Cars Limited, Westlife Development Limited, Shoppers Stop Limited, Auxilo Finserve Private Limited and Parksons Packaging Limited. He also serves on the governing board of Flame University. He is also a director on the board of directors of Livinguard AG, a healthcare technology company based in Switzerland. He is a member of the Young Presidents’ Organization. He has also served as a member of SEBI’s Alternative Investment Policy Advisory Committee.

O.V. Bundellu Independent Director

O.V. Bundellu, is an Independent Director of our Company. He holds a master’s degree in mathematics and science, and a master’s degree in financial management from the University of Bombay. He has participated in the “Middle Management Course of the 3-Tier Programme for Management Development” conducted by the Indian Institute of Management, Ahmedabad, and has completed the 152nd session of the “Advanced Management Program, the “International Senior Managers Program” conducted by the Harvard University Graduate School of Business Administration, and part I of the associate examination conducted by the Indian Institute of Bankers. He has been associated with our Company since February 2011 and has approximately 37 years of experience in the banking industry. Prior to joining the Company, he was associated with Indian Bank as manager, and with IDBI Bank Limited as whole-time director (designated as deputy managing director).

Sangeeta Singh Independent Director

Sangeeta Singh, is an Independent Director of our Company. She holds a bachelors’ degree in arts from Wilson College, University of Bombay. She has successfully completed the “Strategic Human Resource Management” programme by the Harvard Business School. She has been associated with our Company since September 2017.Prior to joining the Company, she was associated with KPMG as an executive director, heading human resources in India.

Dr. Rajeev Vaidya

Dr. Rajeev Vaidya, is an Independent Director of our Company. He holds a bachelors’ degree of technology in chemical engineering from Indian Institute of Technology, Mumbai, and a doctorate degree from The University of Southern Mississippi. He has approximately 30 years of experience in the chemicals industry and around five years of experience in investment advisory services. He is presently associated with Alpha Investments and Services LLC as a its initial member. In the past, he has been associated with Dupont and has held varied capacity within Dupont group companies ranging from research engineer to global president for the DuPont Building Innovations business.

Dr. Rajiv Banavali

Dr. Rajiv Banavali is an Independent Director of our Company. He holds bachelors’ and master’s degrees in chemistry from the Institute of Science, Mumbai, and a doctorate degree in Organic Chemistry from The University of Missouri. He has 34 years of experience in the chemicals industry including twenty years of experience leading large, global, and highly innovative research organizations of major American public companies at the forefront of materials sciences. He is currently Senior Vice President, Science & Innovation at WestRock Corporation in the USA. In the past, he has been associated with Rohm & Haas (Dow), Honeywell, and Huntsman in varied capacities ranging from research scientist to Chief technology officer.