Corporate Board of Directors

Board of Directors

Board of Directors

Gautam N. Mehra

Chairman & Managing Director

Gautam N. Mehra (DIN – 00296615) is a Chemical Engineer and has an MBA from University of California (Berkeley). He has total experience of more than three decades in the industry.

He has successfully led the core business of Petroleum Specialties of the Company to new heights year after year. His entrepreneurial vision, led the Company to successfully explore the Renewable Energy sector and launch its own brand of automotive lubricants – ‘SAVSOL’. Under his leadership and guidance, the Company has grown from strength to strength to establish itself as the market leader in the petroleum specialties segment in India.

He has been re-appointed as the Managing Director w.e.f. 1st October, 2023 to hold office upto 30th September, 2028 at the 62nd Annual General Meeting held on 29th September, 2023, with Basic Salary of Rs.9,50,960 per month with incremental annual increase as may be decided by the Company from year to year, 1% commission payable on net profits of the Company calculated as per the provisions of Companies Act, 2013, HRA of 100% of Basic Salary or Housing in lieu, Education Allowance, Special Allowance, Medical reimbursement, LTA, Bonus, Performance Linked Incentive, PF, Gratuity, Leave Entitlement & Encashment, Conveyance and Telephone facilities in line with the Policies of the Company.

He holds directorship in Savita Finance Corporation Limited, Savita Petro Additives Ltd., Chemi-Pharmex Private Limited, Savita GreenTec Limited, Kurla Trading Co. Private Limited, Khatri Investments Private Limited, Mansukhmal Trading Private Limited, Naved Investment and Trading Co. Pvt. Ltd., Basant Lok Trading Company (A Private Company) and Manufacturers of Petroleum Specialties Association.

Mr. Siddharth G. Mehra

Executive Director

Siddharth G. Mehra (DIN – 06454215) is a Bachelor of Science in Technical Systems Management from University of Illinois at Urbana – Champaign, IL, USA (2012). He also had acquired Masters Degree of Science in Management from London School of Economics and Political Science, UK (2014).

The Board of Directors in its meeting held on 9th August, 2021 re-appointed him as a Whole-time Director of the Company from 1st October, 2021 upto 30th September, 2026 which was approved by the Members at the Annual General Meeting held on 29th September, 2021, with Basic Salary of Rs.1,87,100, HRA of 25% of Basic Salary, Education Allowance, Special Allowance, Medical reimbursement, LTA, Bonus, Performance Linked Incentive, PF, Gratuity, Leave Entitlement & Encashment, Conveyance, Telephone facilities in line with the Policies of the Company and 1% commission payable on net profits of the Company calculated as per the provisions of Companies Act, 2013.

He holds directorship in Savita Finance Corporation Limited, Chemi-Pharmex Private Limited, Savita GreenTec Limited, Kurla Trading Co. Private Limited, Khatri Investments Private Limited, Mansukhmal Trading Private Limited, Naved Investment and Trading Co. Pvt. Ltd., Basant Lok Trading Company (A Private Company) and Faclon Labs Private Limited.

Ravindra Pisharody​

Non-executive Director

Ravindra Pisharody (DIN – 01875848) holds Bachelor’s degree in Technology (B. Tech) from IIT, Kharagpur and Post-Graduate Diploma in Management (PGDM) from IIM, Calcutta.

He is a Senior Management Professional with over 40 years of executive experience and he has held National, Regional and Global leadership roles in Sales & Marketing, Strategy Development, BU Lead/CEO, etc. with Philips India, British Petroleum/Castrol. His last assignment was with Tata Motors as an Executive Director – Commercial Vehicles.

He is engaged with the Company in the capacity as an Independent Director.

He holds directorship in Muthoot Finance Limited, Happy Forgings Limited, Bonfiglioli Transmissions Private Limited, Savita GreenTec Limited and Bonfiglioli Drive Solutions Private Limited.

View Appointment Letter

Hariharan Sunder​

Non-executive Director

Hariharan Sunder (DIN – 00020583) is a Bachelor of Commerce and a Chartered Accountant. He has over 39 years of experience in finance, taxation, accounts, legal, secretarial, international business and general corporate management. He had started his working career with KEC International Limited and has worked in corporates like Raymond Limited, Raymond Synthetics Limited, Jost’s Engineering Company Limited and Shogun Organics Limited.

He is engaged with the Company in the capacity as an Independent Director.

View Appointment Letter

Kavita Nair

Non-executive Director

Ms. Kavita Nair (DIN – 07771200) is an alumnus of the Faculty of Management Studies, Maharaja Sayajirao University, Baroda from where she did her MBA in Marketing. She has also completed Senior Leadership Programs from London Business School and IIM Ahmedabad as part of the Global Talent Pool of Vodafone. She has more than 25 years of experience in the corporate field.

She is engaged with the Company in the capacity as an Independent Director.

She holds directorship in Blue Dart Express Limited and Greaves Cotton Limited.

View Appointment Letter

Terms of appointment of Non-executive Directors

Mr. Ravindra Pisharody has been re-appointed as an Independent Director at the Annual General Meeting of the Company held on 29th September, 2021 to hold office upto 31st December, 2026. Mr. Hariharan Sunder has been re-appointed as an Independent Director at the Annual General Meeting of the Company held on 29th September, 2021 to hold office upto 31st March, 2027. Members have approved the appointment of Ms. Kavita Nair as an Independent Director by way of Postal Ballot through remote e-voting process on 21st June, 2024 to hold office upto 31st March, 2029.

As approved at the Annual General Meeting held on 25th September, 2024, the Directors other than in the whole-time employment of the Company are entitled to a commission not exceeding 1% per annum of the net profits of the Company subject to a ceiling of Rs.5,00,000 each per annum and sitting fees as are prescribed under the Companies Act, 2013.

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