Board of Directors' Profile

Mr. Surrinder Lal Kapur, Chairman and Independent Director

Mr. Surrinder Lal Kapur is a Non-Executive and Independent Director of the Company and was appointed as a Director of the Company on September 26, 2008. He holds a post graduate degree in Mathematics and is a graduate in Law from Punjab University. He has completed his training in public administration from the National Academy of Administration, Mussoorie. He holds a diploma in National Economic Management awarded by EDI, an affiliate of the World Bank. He has worked as a Consultant with UNIDO,UNDP and Reserve Bank of India. He has a practical experience in banking and promotion of industrial investments. He served in the Indian Administrative Service for about 35 years. As Secretary to Punjab Govt. Department of Industries, he promoted a number of joint and public sector ventures, including Punjab Tractors. As Secretary to Govt. of India, Ministry of Food Processing, he was instrumental in providing a major directional change to the development and growth of this important sector. He retired from Public Service as Chairman of the Board for Industrial and Financial Reconstruction. He is practising as an Advocate and is proprietor of a law firm known as “S. L. Kapur & Associates”. He has floated a charitable trust known as Poverty Alleviation through Generation of Employment Trust to provide employment opportunities to youth belonging to backward classes and rural areas. He is a former Chairman of Yes Bank and Chairman of Yes Foundation. He is also a Strategic Advisor to Yes Bank.

Mr. Arjun Handa, Vice-Chairman and Managing Director

Mr. Arjun Handa, is a Vice – Chairman and Managing Director of Claris Lifesciences Limited and Executive Chairman of Claris Injectables Limited, a wholly owned subsidiary of the Company. He is a Masters of Business Administration from Northeastern University, Boston, USA and holds a Bachelor of Commerce degree from Gujarat University, Ahmedabad. Arjun’s vision is to make Claris India’s most admired Injectables company. He likes to focus on people, entrepreneurship and management quality. He would like to add value to the lives of people in the world through his business and to contribute to the society by creating opportunities for people in the fields of sports and culture.

Claris has achieved significant milestones including launch of niche, difficult to develop products and expansion into the regulated markets. Under his leadership, the Company has won several awards including the Frost and Sullivan manufacturing excellence award and has achieved 6th year in a row “Great Place to Work” award. Apart from work, Arjun likes to read books on entrepreneurship and management, is a car & technology freak, and holds a deep interest in world music. He is also a soccer player, and in earlier times, used to play for his school and college.

Mr. Chandrasingh Purohit, Whole Time Director & CFO

Mr. Chandrasingh Purohit, is a Whole Time Director & CFO of Claris Lifesciences Limited and Director of Claris Injectables Limited, a wholly owned subsidiary of the Company. He holds a Master of Commerce degree and Bachelors of Commerce degree from Maharaj Shivajirao University, Vadodara. He has broad – spectrum of experience in the pharmaceutical industry. He has expertise in finance, sales, supply chain and marketing network across key international markets.

Mr. Chetan S. Majmudar, Non-Executive and Non-Independent Director

Mr. Chetan S. Majmudar, is a Director of Claris Lifesciences Limited and Director & Joint CEO of Claris Injectables Limited, a wholly owned subsidiary of the Company. He holds a Bachelor of Science degree with Microbiology from Saurashtra University, Rajkot. He has very far - reaching experience in the pharmaceutical industry. He has played a vital role in Claris for obtaining various regulatory approvals from authorities such as USFDA, MHRA & TGA for Claris. He has good experience in managing and developing production and quality control for manufacturing of pharma products. He has also travelled across the world for knowing higher techniques for better and fast production of pharma products. He has played pivotal role in developing complex products and registering across various regulated markets. He is currently overseeing CQA, QA, New Product Development, IRA, Formulation & Development, SCM, Production and other functions of Claris Injectables Limited, a wholly owned subsidiary of the Company.

Mr. Amish Vyas, Non-Executive and Non-Independent Director

Mr. Amish Vyas is a Director of Claris Lifesciences Limited and Director & Joint CEO of Claris Injectables Limited, a wholly owned subsidiary of the Company. He holds Bachelors in Engineering (Electronics and Communication) and Masters in Business Administration from Gujarat University, Ahmedabad. He has 22 years of experience in Pharmaceutical Industry, with specific focus on the Injectables and Infusions products. He has handled various functions during his tenure including International and India Sales, Business Development, Technical and Supply Chain Management, among others. He has been responsible for Claris’ foray in the Regulated Markets, mainly USA & Europe. Apart from this, he has played major role in various Corporate Strategic Initiatives which Claris has taken up from time to time. He served as President - International Business and Strategy for Claris before taking over the role of Director & Joint CEO of Claris Injectables Limited (CIL), a wholly owned subsidiary of the Company and he is currently overseeing a Sales & marketing, HR, Finance and Legal functions of the CIL.

Mr. Anup P. Shah, Independent Director

Mr. Anup P. Shah is a Non-Executive and Independent Director of the Company and was appointed by the Board of Directors on February 23, 2013. He is a Fellow Member of the Institute of Chartered Accountants of India, a Commerce and a Law Graduate from the Mumbai University. Presently, he is the Managing Partner of M/s. Pravin P. Shah & Co, Chartered Accountants. Mr. Anup Shah has hands-on experience in Legal, Financial, and Tax Consultancy, including Business Restructuring, Transaction Structuring, Capital Markets Regulations, Foreign Investments, PE Investments, Business Valuations, Real Estate Structuring, Corporate Governance issues, Accounting Advisory, etc. He has authored/ co-authored several books and contributed over 175 Articles. He is an Independent Director and Chairman of Audit Committee of Ruby Mills Ltd, Jai Corp Ltd, JM Financial Services Ltd, JM Financial Credit Solutions Ltd and an Independent Director and Member of the Audit Committee of Marathon NexGen Realty Ltd. He is a Founder Director of Health & Education Foundation, a section 25 Company, dedicated to the cause of Prevention / Treatment of Heart Disease and providing Education to needy children.

Mr. T. V. Ananthanarayanan, Independent Director

Mr. T. V. Ananthanarayanan is a Non-Executive and Independent Director of the Company and was appointed as Director of the Company on January 28, 2008. He holds a Master of Science degree in Biomedical engineering from the Indian Institute of Technology, Chennai, and is a graduate in Mechanical Engineering from the Indian Institute of Technology, Chennai. Mr. T. V. Ananthanarayanan is a Trained Behavioural Scientist and Yoga Teacher apart from being an Engineer; He is the founder of the consulting firm "FLAME TAO Knoware"—a team of functional experts all of whom are Behavioural Scientists focusing on Organizational Transformation, Alignment and Optimization; he is one of the founders of Sumedhas Academy for Human Context—a non profit organization focusing on developing behavioral scientists. He is also a founder trustee of The Barefoot Academy of Governance. His consulting experience spans three decades: organization turnarounds, leadership coaching, culture transformations. His clients include TCS, Infosys, Laxmi Machine Works, ITC and the Murugappa Group. He pioneered the use of Yoga and Theatre in process work. He has published many papers and four books: "Learning through Yoga", "The Totally Aligned Organization", "Organization Alignment and Development" (co-authored with Gagandeep Singh) and "Leadership Dharma, Arjuna the Timeless Metaphor". His goal is to develop a unique approach to management at a personal level and at an organizational level based on the three streams of his expertise namely, Lean Management, Yoga and Behavioural Sciences.

Mr. Aditya S. Handa, Non-Executive and Non-Independent Director

Mr. Aditya S. Handa holds a Master of Business Administration degree from Babson college USA and holds a Bachelor of Commerce degree from the Gujarat University, Ahmedabad. He was appointed as a Director of the Company on June 13, 2006 and has served as CFO of the Company from January 1, 2008 to March 31, 2009, which was his first employment.

Ms. Milina Bose, Non-Executive and Non-Independent Director

Ms. Milina Bose is a Woman Director on Claris Lifesciences Limited and Claris Injectables Limited, a wholly owned subsidiary of the Company. She is a Post Graduate in Master of Business Administration from M. S. University, Vadodara and holds a Bachelor of Science degree from St. Xavier’s College, Ahmedabad. She has also done additional certification training courses like Marketing Communication from Mudra Institute of Communication, Ahmedabad, Strategic Communication for Leaders from Indian Institute of Management, Ahmedabad and Finance for Decision Making from Indian Institute of Management, Bangalore. She has a total experience of 24 years. She has expertise in Pharmaceutical & Biotechnology Services Industry in areas of Marketing, Business Operations, Product& Business Development. She has served in Claris as Marketing Manager, Business Head and was also instrumental in setting up the Business and Product Development team. She has worked with Flourish Pure Foods, Ahmedabad, as V.P. Marketing and Branding, for a brief period. Since Feb 2013, she heads Xcelris Labs Limited, Ahmedabad as Executive Director & V.P. Xcelris is one of India’s leading Genomics service and Medical Genetics provider to scientists and medical community across India and selected countries. She is also appointed as Whole Time Director of Xcelris Labs Limited from March, 2014.