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Investor Relations

Key managerial positions

Mr. Mukesh Desai

Promoter, Chairman

Mr. Desai, aged 61, has been associated with the company since its inception as the production In-charge. He has been a director of the company since April, 2000 and was designated as Chairman and Managing Director w.e.f. April, 2017. An engineer with more than 35 years of industry experience, Mr. Desai is known to be an exceptionally capable techno-commercial manager and a master of project set-up and execution. He is a firm believer in the- hard-work is the solution to all problems- philosophy and is known to drive his team to beat all previously accepted timeline norms. Apart from being well known in the Indian tyre industry fraternity, he holds several other offices in industry bodies. He has been the President of Gujarat Rubber Manufacturers Association. He is the Secretary of Halol Industries Association, a powerful industrial body comprising of more than 1000 SMEs and several MNCs, and the Vice-President of Panchmahal Federation of Industries. He is also an Independent Director on the Board of Kiri Industries Limited and a Governing Council Member in the Indo-German Tool Room, an MSME enterprise by the Govt. of India.

Mr. Pradeep Kothari

Promoter and Whole Time Director

Mr. Pradeep Kothari, aged 52 years, has been a director since June, 2014 and was designated as a Whole Time Director w.e.f. April, 2017. He has immense experience as a multinational company's representation by way of trading. He has also been credited with successfully managing a 50-bed hospital, along with several other industrial units in the plastics industry. Apart from looking after procurement and finance, Mr. Kothari is an excellent strategist and is credited with providing key inputs to formulate the growth strategy of the company. He has steered the company through various strategic expansion drives such as acquisition of a smaller unit to enter a high-potential market segment.

Mr. Nitinbhai Mankad

Whole Time Director

Mr. Nitin Mankad is the key person responsible for the birth of Innovative Tyres and Tubes. He has held the office of Chairman since inception and has only recently opted to relieve himself from the responsibilities at the age of 67. He is a well-known personality in the Gujarat industries fraternity and has held several coveted offices in his career. He is the current President of the Federation of Gujarat Industries, a member of National Council of ASSOCHAM and ex-President of EXIM Club, ex-VP of Vadodara Chamber of Commerce and Industries, among several other key positions. As the most experienced Director of the company, Mr. Mankad is currently entrusted with legal operations of the company, government liaising and assessment of new business avenues.

Mr. Keyoor Bakshi

Independent Director

Mr. Keyoor Bakshi, aged 60, has been an Independent Director of the company since June, 2015. As one of the leading practicing Company Secretaries in India, he is a former President of the Institute of Company Secretaries of India(ICSI) and International Federation of Company Secretaries. He is also a former member of the National Advisory Committee on Accounting Standards (NACAS) of Govt. of India and Corporate Laws Committee of the Gujarat Chamber of Commerce & Industry. He is on the Board of Directors of Infibeam Incorporation Ltd., Kiri Industries Ltd., Quant Capital Ltd. (Subsidiary of Reliance Capital Ltd.) and Saanvy Advisors Ltd. He has also been on the Board of Directors for Tudor India Ltd. (Subsidiary of Exide Corporation, USA) and ASE Capital Markets Ltd. (Subsidiary of Ahmedabad Stock Exchange Ltd.).

Mr. Ganesan Kalyan Raman

Independent Director

Mr. K Ganesan aged 60, has been an Independent Director of the company since June, 2015, brings on board his rich experiences of engineering, manufacturing and industrial engineering. Heralded as an expert of manufacturing process, he has held coveted positions throughout his illustrious career. He was the Plant Head for Dunlop India Ltd, Director of Manufacturing for J K Tyres Ltd and Vice-President(Manufacturing) for CEAT Ltd before retiring as the Executive Vice-President(Manufacturing) of Exide Industries Ltd and Executive Director-Exide Sri Lanka. He has also interacted deeply and worked with Continental Tyres-Germany, Sumito Tyres-U.K., East Penn Manufacturing Company-USA and Furukawa Battery Company-Japan. He commands immense respect owing to tremendous knowledge and exposure, not only of tyre industry but of manufacturing industry as a whole. He is a sought-after personality in the international tyre and battery industry.

Dr. Kalpana Joshipura

Independent Director

Kalpana Joshipura aged 62 years, has recently joined the board in June, 2017. She holds Doctorate Degree in 'The study of Values, Attitude of Adolance, Reasons and Solutions of Female Infanticide Amongst Teachers and Parents of Secondary School'. She is considered one of the finest School Principals in the country and has been honored with The Best Teacher's Award in India-2005 by Dr. APJ Abdul Kalam, the then President of India, and The Best Principal of Gujarat award by Hon. Smt. Anandiben Patel, the CM of Gujarat. A highly respected figure in Panchmahals District, Dr. Joshipura works in tandem with several international NGOs, including UNESCO to create environmental awareness. She has made immense contribution to rural welfare, social upliftment, performing arts and culture in Gujarat. She has worked with and held several offices in various committees in Panchamahals District that work for the betterment of the villages in the district.

Mr. Arvind Tambi

Chief Financial Officer& Company Secretary

Mr. Tambi, aged 53 years, is a Chartered Accountant by qualification, a member of The Institute of Chartered Accountants of India and a qualified Company Secretary & member of The Institute of Company Secretaries of India. He has an aggregate industry experience of more than 30 years and has held several senior positions in various industries. Prior to joining Innovative Tyres and Tubes, he served as the General Manager (Accounts and Finance) in ELECON Engineering Company Limited, Financial Controller & Company Secretary of STEELCO Gujarat Limited and as the Chief Financial Officer of THEIS Precision Steel India Pvt Ltd. He joined Innovative in Feb 2017 as the CFO of the group and has already made his mark with his exceptional subject knowledge, humongous exposure and excellent team building skills.