Management Profile

Dr. Sharad Kumar Saraf, Chairman and Managing Director is a highly experienced leader with a degree in Electronics Engineering from the prestigious Indian Institute of Technology (IIT), Bombay and rich experience of over five decades. After completing his graduation in 1969, he received industrial training in Germany. In 1972, he founded the Technocraft Group and has been instrumental in its growth.

His leadership extends across numerous important roles:

• Ex-President of the Federation of Indian Export Organizations (FIEO)
• President of the Confederation of Exporting Units (CEU)
• President of the Indo-Romanian Chamber of Commerce
• Ex-President of The Council of EU Chambers of Commerce in India
• Vice Chairman (WR) of the Engineering Export Promotion Council

Dr. Saraf continues to contribute to the industry and community through the following positions:

• Chairman of the Board of Governors (BoG) of the Indian Institute of Technology Bombay (IIT Bombay) and IIT Jammu.
• Chairman of Shanti Seva Nidhi, which runs vocational training and skill development programs in Murbad, Maharashtra.
• Past Member of the Managing Committee of the Confederation of Indian Textile Industry (CITI)
• Past Chairman of the Committee on International Trade & Commerce at the Bombay Chamber of Commerce & Industry

His wide-ranging influence reflects both his commitment to the growth of the industry and his dedication to community welfare.

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Mr. Sudarshan Kumar Saraf, Co-Chairman and Co-Managing Director holds a degree in Mechanical Engineering from the prestigious Indian Institute of Technology (IIT), Bombay and rich experience of over five decades. He played a pivotal role in founding the group and has been essential in driving its growth from its inception to its current scale. He oversees all engineering operations within the organization.

His achievements include:

• Receiving the Distinguished Service Award in 1999 from the Indian Institute of Technology, Bombay.
• Pioneering the development of the interval thread rolling process.
• Developing and building Special Purpose Machines (SPMs) and tools that enhanced yields, some of which were the first of their kind in the U.S.

His contributions have been integral to both the technological advancement and operational efficiency of the group.

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Mr. Navneet Kumar Saraf, Whole-time Director and CEO holds a Bachelor’s degree in Mechanical Engineering from the University of Manchester, United Kingdom and completed the Owner President Management program from Harvard Business School. He has rich experience of about three decades and he has been instrumental in diversifying the Group, notably leading its entry into the value-added Scaffolding and Formwork Business, Engineering & Designing Services.

His other significant contributions include:

• Founding and leading the Group’s expansion into the fast-growing Engineering Services Outsourcing Sector.
• Establishing Technosoft Engineering Projects Ltd, the Group’s Engineering Services subsidiary, which now employs over 900 engineers with operations across India, the USA, Canada, the UK, and Germany.

Additionally, Mr. Saraf is an active member of renowned organizations, including:

• The Young Presidents Organisation (YPO)
• Entrepreneurs Organisation (EO)

His leadership has played a key role in expanding the Group’s business footprint and its global reach.

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Mr. Ashish Kumar Saraf, Whole-time Director and CFO brings a unique blend of business acumen and technical expertise. With a background in commerce from the University of Mumbai and a Masters in Textile Technology from Manchester University and rich experience of over Two decades, Mr. Saraf has been key to the company’s growth in Textile and Manufacturing sectors.

• International Expertise:
  • Specialized in Textile Management, contributing to the group’s success in Textile Technology.

Mr. Saraf continues to play a pivotal role in steering the group’s diversification efforts and enhancing its international reach and also managing Accounts & Finance of the Company as CFO.

Additionally, Mr. Saraf is an active member of renowned organization – Entrepreneurs Organisation (EO) and has been past chairman of the Young Entrepreneurs Group (YEG) of the Confederation of Indian Textile Industry (CITI).

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Atanu Anil Choudhary, is Commerce Graduated working with the Company Since 1984.

He carries a huge work experience of about 40 Years and takes care of various responsibilities in Administrative and Human Resources department, manages critical situation in a professional manner. One of the prime responsibilities is to deal with Government departments. He is also responsible as the occupier of the factories under factories act.

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Mr. Aubrey Rebello is a distinguished professional with an extensive career spanning over five decades. He is a Gold Medalist MBA from IIM Ahmedabad, an Engineer from IIT Bombay, and a Certified Executive Coach from ICF and NEWS (Switzerland). Throughout his career, Mr. Rebello has held prominent positions such as CEO and Business Head at TATA, Bayer etc.

His vast domain expertise encompasses a wide range of areas, including:

• Auto industry
• Financial Services
• Materials Management
• Marketing & Sales
• Learning & Development (L&D)

Mr. Rebello’s remarkable experience and leadership skills make him a valuable asset to the board, contributing significantly to the strategic direction of the group.

Details of directorship and full-time positions in body corporates: Mr. Rebello does not have directorship and full-time positions in other body corporates.

Mr. Murarilal Jhunjhunwala is a highly experienced professional with over five decades in the Textile Industry. He holds a Commerce Degree from Bombay University and has been an Associate Member of the Institute of Cost Accountants of India since 1982. Currently, he serves as the Executive Director of the Indian Spinners Association.

Throughout his career, Mr. Jhunjhunwala has worked with leading Textile Companies such as Sutlej Textiles & Industries Ltd and RSWM Ltd. His expertise spans Forex Management, Risk Management, Foreign Trade Policy, Customs and DGFT affairs, and Anti-Dumping Duty matters. He is currently working as an Investment Adviser, utilizing his vast knowledge in the field.

Mr. Jhunjhunwala has held numerous key leadership positions, including:

• Former Chairman of the Bombay Textile Research Association (BTRA).
• Member of the Committee of Synthetic & Rayon Textile Export Promotion Council (now Matexil) from 1995 to 2018.
• Former Vice President of the Indian Spinners Association.

His wealth of experience and leadership in various roles within the Textile Industry has made him a respected figure in the field.

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Mr. Rohit Dhoot has distinction of being one of the youngest Chartered Accountants in India and has over three decades of experience. He has been the Managing Director of Dhoot Industrial Finance Ltd. since 1994, where he has built a distinguished career.

After joining Dhoot Industrial Finance Ltd. as a director, he was responsible for marketing and expanding the company’s business. His experience spans a broad spectrum of areas, including:

• Finance and Investing
• Banking
• Mergers and Acquisitions
• Strategic Planning and Restructuring Operations
• Export Marketing and Trading
• Logistics and International Business Relations
• Collaborations and Joint Ventures

Mr. Dhoot’s comprehensive background in business management and finance makes him a valuable contributor to the group’s strategic growth and expansion.

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Mr. Shankar Jadhav has an extensive career of over five decades in business leadership. He served as the Managing Director of BSE Investments Ltd. and the Chief Strategy Officer of the Bombay Stock Exchange (BSE), Asia’s oldest Stock Exchange. His contributions to the business community have earned him a spot among the top 50 influential persons in India, along with various prestigious awards.

In addition to his executive roles, Mr. Jadhav mentors’ start-ups and Limited Companies, offering valuable guidance for their growth. He has also served as a Director on the boards of various organizations, including Government, Section 8, Private, and Public Companies.

His broad and diverse expertise includes:

• Legal and Commercial Business Responsibility
• Marketing and Corporate Communications
• Corporate Funding and Cybersecurity
• Intellectual Property Rights
• Arbitration and Securities Appellate Tribunal (SAT) matters

Mr. Jadhav’s vast experience in strategic, legal, and business domains makes him an asset to the board, contributing to the overall direction and growth of the group.

Details of directorship and full-time positions in body corporates:

Mr. Jadhav does not have directorship and full-time positions in other body corporates.

Mrs. Swati Vikas Khemani has over two decades of experience in business development, operations, and investment banking. She has been the Co-founder and Director of Carnelian Asset Management & Advisors Pvt Ltd since 2019.

With extensive experience in the financial services sector, Mrs. Khemani has developed strong relationships with financial sponsors, investors, and the corporate community. Her expertise spans various domains, including:

• Angel Investing
• Fund Raising
• Mergers & Acquisitions (M&A) Transactions
• Institutional Equities (Equity Research and Institutional Sales)

Mrs. Khemani is known for her exceptional ability to understand businesses, make informed investments, and build lasting relationships. Her strong track record in these areas makes her a valuable contributor to the company’s strategic initiatives.

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