PROFESSIONAL BOARD OF DIRECTORS BACKED BY A
STRONG TEAM
Dr. (Hon.) Deepak C. Mehta
Non-Executive Director
Dr. (Hon.) Deepak C. Mehta
Non-Executive Director
Dr. (Hon.) Deepak C. Mehta is a dedicated proponent of fostering India’s industrial advancement, aiming to facilitate the growth of businesses and communities concurrently, fostering enduring value and relationships. Half a century ago, equipped with a Science degree from the University of Mumbai, he commence his professional journey as a secondgeneration entrepreneur alongside his father, late Shri Chimanlal K. Mehta, delving into the exploration of uncharted domains within chemical intermediates in India. Over time, their efforts have transformed the Deepak Group into a prominent manufacturer of chemical intermediates, boasting cutting-edge facilities that offer a diverse range of more than 34+ premium products, catering to over 1500 customers across 45+ countries worldwide. Shri Mehta’s active advocacy on industrial matters in national arenas underscores his commitment to championing best practices and policies that enhance the chemical and petrochemical sector, fostering innovation, collaboration, expansion and manufacturing excellence in India for a global audience. Having held the position of President at the Indian Chemicals Council (ICC) and contributed to the ‘Task Force on Chemicals Industry’ established by the Government of India to bolster the competitiveness of the nation’s chemical industry, he plays a pivotal role in representing and advancing the burgeoning Indian Chemical Sector. Presently, he serves as the Chairman of the National Chemicals Committee-FICCI. His actions align closely with his beliefs as he actively supports the Corporate Social Responsibility (CSR) initiatives undertaken by Deepak Foundation, a Group’s CSR arm. These initiatives focus on enhancing education, healthcare, skill development and women’s empowerment in rural communities spanning four states in India, positively impacting over 800,000 beneficiaries.
Meghav Mehta
Non-Executive Director
Meghav Mehta
Non-Executive Director
Shri Meghav Mehta is a Mechanical Engineer from the Rochester Institute of Technology (New York, USA) with a specialization in Material Science Technology and Alternative Energy. Shri Meghav Mehta has been the Executive Director of Deepak Phenolics Limited (DPL), fellow subsidiary of the Company, from May 2, 2019 till May 1, 2024. He is an astute strategist and was instrumental in commissioning the Phenol plant including successful implementation of various projects for manufacturing downstream products of Phenol and Acetone. At DPL, he has played a very crucial role including in creating the organisational structure, formulating of policies, setting up internal controls, overseeing the operations and setting up of robust IT infrastructure. He is also at the helm of affairs of digitalisation in the Group. This encompasses all spheres of activities like procurement, marketing, operations, logistics, quality, hydrocarbon accounting etc. He is a great advocate of Artificial Intelligence and Machine Learning and constantly working towards engaging these concepts into and any sphere of activities of the Group. Presently, he is the Executive Director & Chief Executive Officer of Deepak Chem Tech Limited and would be looking after execution of all major projects being implemented and to be implemented over the years.
Maulik Mehta
Non-Executive Director
Maulik Mehta
Non-Executive Director
Shri Maulik Mehta is a Bachelor of Business Administration from the University of Liverpool, UK. He holds a Master’s degree in Industrial and Organisational Psychology from Columbia University, USA. He has also graduated in Owner/President Management – an executive MBA programme from the prestigious Harvard Business School, sharpening his leadership dexterity and knowledge to bring a fresh breath of global business insights and agility in the Company management. Shri Maulik Mehta is the Executive Director & Chief Executive Officer of Deepak Nitrite Limited (‘DNL), since June, 2020. Shri Mehta has a dynamic and innovation-driven work acumen, evident in his 16-years hands-on, outcome-driven work ethic across key areas such as business development, patent and product development, human resources, brand equity, external relations, as well as formulating a future-ready Group strategy. He is an avid ESG champion and under his leadership, Deepak Group has embraced Responsible Chemistry as a mantra to drive diversity, equity, inclusion, circularity and sustainability while maximising profits and delivering value to all stakeholders. His technology-forward approach and global vision have been instrumental in developing executive strategies and initiatives that have significantly improved both the top-line and bottom-line. Shri Mehta’s consensus-oriented management has demonstrated excellent leadership in all aspects of the business.
Sanjay Upadhyay
Non-Executive Director
Sanjay Upadhyay
Non-Executive Director
Shri Sanjay Upadhyay is a qualified Cost Accountant and a Company Secretary. He has completed an Advanced Management Programme from Wharton, USA. Shri Sanjay Upadhyay has over 40 years experience in the areas of Finance, Treasury, Taxation, Commercial, Secretarial and Corporate Restructuring. He oversees Risk Management, Governance, Investor Relations and IT functions. Apart from these, he also has expertise in growth strategy, acquisitions, restructuring etc. Shri Sanjay Upadhyay joined Deepak Nitrite Limited, a parent company in 1994. During the span of his career, he has held important positions in Deepak Nitrite Limited and is currently the Director (Finance) & Group Chief Financial Officer. In his role as Group CFO, he is focused on driving financial performance of the Group through rigour and synergy in capital allocation, investment management decisions and portfolio optimisation. Shri Sanjay Upadhyay is on the Board of several companies within Deepak group and is also part of various Committees of Directors across Deepak Group.
S.K. Anand
Non-Executive Director
S.K. Anand
Non-Executive Director
Shri S. K. Anand is a Bachelor of Engineering (Chemical) from Delhi University and has done a Petrochemical Course from I.I.P., Dehradun. He has completed an Advanced Management course from IIM Ahmedabad. He has a rich experience of more than 50 years in the field of Project Management, Operations, Corporate Planning, Quality Management, Health, Safety and Environment Management, Energy Management, and Strategic Planning in petrochemicals, refining, and other allied Industries. He was also Member of various committees of State and Central Government and also the advisor of Government on Chemical Weapons Convention.
Milin Mehta
Independent Director
Milin Mehta
Independent Director
Shri Milin Mehta is a Chartered Accountant and a senior partner at K. C. Mehta & Co. LLP Chartered Accountants. He is a fellow member of the Institute of Chartered Accountants of India and a Law Graduate. He has a rich experience in the fields of strategy, taxation, mergers, acquisitions, joint ventures, etc. He was also a member of the Committee set up by the Central Board of Direct Taxes for framing ‘Income-tax Computation and Disclosure Standards’. He was also the member of the Committee appointed by the Finance Minister under the CBDT for considering the MAT Impact on introduction of IndAS and also to notify further ICDS due to the introduction of IndAS. He has been strategic advisor to several reputed listed, unlisted and private companies as independent/professional/non-executive director.
Sanjay Asher
Independent Director
Sanjay Asher
Independent Director
Shri Sanjay Asher is presently a Senior Partner with Crawford Bayley & Co. He has been a practising Advocate since 1991 and was admitted as a Solicitor in 1993. He is also a qualified Chartered Accountant. He has over 30 years of experience in the field of law and corporate matters. Shri Asher specialises in the field of corporate law and commercial law, cross-border mergers and acquisitions, joint ventures, mergers and acquisitions and capitals markets. He has authored several articles in national and international publications and also a book on Companies Act, 2013. He has been in the past, member on Primary Market Advisory Committee of SEBI and Department of Disinvestment, Government of India. Shri Asher holds a Bachelor’s Degree in Commerce and in Law from the University of Bombay. He is also a qualified Chartered Accountant.
Purvi Sheth
Independent Director
Purvi Sheth
Independent Director
Smt. Purvi Sheth holds a Bachelor of Arts in Economics and Political Science from St. Xavier’s College, Mumbai University. She furthered her education with a CPD in Business Strategy and Leadership Management from Wharton School, USA, and is certified as a Board Director by the IICA & Directors Club, Hunt Partners. Additionally, she is a Certified POSH Practitioner from NDIM and the youngest Certified Leadership Grid Trainer by Blake & Mouton as well as a GE Certified Recruiter. She is CEO of Shilputsi Consultants, India’s first and premier Strategic HR consulting firm. Smt. Sheth is a distinguished leader in human resources and strategic leadership and has spent over 25 years building and maintaining high-level executive relationships, demonstrating outstanding analytical, strategic, and problem-solving skills. She is known for her expertise in resolving diverse HR issues while maintaining cultural sensitivity and adding globally sustainable and best practices to organisations. As a second-generation entrepreneur and accomplished leader, she continues to drive business growth and leadership excellence, making significant contributions to the HR and strategic leadership landscape. Her leadership has been recognized with the Abhyudaya Award for HR Strategist of the Year in 2022. She is a frequent speaker at industry forums and a guest columnist for numerous publications. Smt. Sheth serves on several listed and unlisted boards and chairs Nomination & Remuneration Committees and other Committees for many of them.
Vipul Shah
Independent Director
Vipul Shah
Independent Director
Shri Vipul Shah is a Bachelor of Science in Chemical Engineering and Master of Science in Polymer Science from the University of Texas, Austin, United States. Shri Shah has led various leadership positions across the globe in Dow Chemical International and has been the President, CEO and Chairman of Dow India and Chief Operating Officer of Reliance Industries Limited. In Reliance Industries Limited, he had initiated number of strategic initiatives in the petrochemical segment to leverage digital platforms, entering into advanced materials & composites and enabling circular business models to further accelerate segment’s growth. With over four decades years of experience in the petrochemical and plastic polymers sector, Shri Shah has spearheaded a number of initiatives and practices to increase sustainability within the industry. Shri Shah has also served as Chairperson of the Management Committee for the Chlorine Chemistry division of the American Chemistry Council (ACC).
