- CMD's Perspective
- Board of Directors
- Management Team
- Board Committees
BCML is managed around principles. These principles indicate that it does not need to demonstrate extraordinary but risky daily brilliance. This approach discourages needless risks. This approach ensures a responsiveness to everyday priorities without panic or euphoria. The result is a long-term perspective before any decision. The approach supports measured investments during downturns. The result is a commitment to not necessarily be driven by scale but by the excitement of generating higher returns.
Principles at work
- BCML's principles are manifested in everyday operations.
- One, BCML has reinforced its core competence: the efficient manufacture of sugar on the one hand and a planned integration into the processing of downstream by-products on the other.
- Two, BCML has kept debt under control, retained banker confidence and resisted unrelated diversification.
- Three, BCML's conservatism has allowed it to redefine its dynamism. It invested deeper in cane management; it helped evolve a large proportion of its command area to superior cane varieties; it provided adequate pest and disease management inputs to incentivize farmers to switch.
- At BCML, the principal objective is to invest in overall plant balancing to make it possible to utilize resources completely, moderate costs (financial and operational), strengthen viability across market cycles and reward shareholders.
Regards,
Vivek Saraogi,
Chairman and Managing Director
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SHRI VIVEK SARAOGI is a former President of the Indian Sugar Mills Association. He was a committee member of FICCI and the Indian Chamber of Commerce in Kolkata. ShriSaraogi is a commerce graduate. Under his stewardship, the Company has grown rapidly through organic and inorganic means. This has helped Balrampur Chini Mills Limited emerge as a leader in the Indian sugar industry.
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SHRI DINESH KUMAR MITTAL is an M.Sc. (Physics) with specialisation in electronics from the University of Allahabad. He was Secretary, Department of Financial Services, Government of India; Secretary, Ministry of Corporate Affairs, Government of India; Additional Secretary, Department of Commerce, Government of India; Director General, UP Academy of Administration and State Institute for Rural Development; Managing Director, IL&FS Infrastructure Development Corporation Limited. He was awarded the Director’s Silver Medal for obtaining the highest marks at the Lal Bahadur Shastri National Academy of Administration and also awarded the Director’s Gold Medal at Lal Bahadur Shastri National Academy of Administration for topping in India among I.A.S. Officers of 1977 Batch.
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Shri Dutt’s experience encompasses the entire repertoire of corporate practice including mergers and acquisitions, private equity, banking and finance, projects and project finance.
Shri Krishnava Dutt has closely worked with several investors and private equity funds and renowned banks and financial institutions. He has also worked closely with the Government of West Bengal in several transactions including its disinvestments of PSUs and framing of policies. He has been appointed as the legal advisor to the Public Enterprises Department of Government of Orissa for its restructuring initiative of Government of Orissa undertakings.
SG Consulting (London) has identified Shri Krishnava Dutt amongst the leading second generation of Indian corporate lawyers, describing him as a sharp, distinctive individual who has made the most of the booming Indian infrastructure market’. Chambers and Partners has identified Shri Dutt as a leading lawyer in India. He serves as an independent director on the board of directors and committees (including as Audit Committee Chairman) of several listed companies.
He started his legal career in the Calcutta High Court where he practiced civil law. After a short stint at the High Court, he joined ICICI Bank in Mumbai where he gained several years of experience in handling transactions in the stressed assets space and international banking sector. He joined AmarchandMangaldas in 2005 and became the partner in charge of the eastern operations of the firm in the year 2007. He retired from AmarchandMangaldas as a partner in June of 2009.
Shri Krishnava Dutt is currently Managing Partner of Argus Partners.
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SHRI NARESH DAYAL has worked with the Government of India for 37 years in various positions at the state and national levels. As Secretary, the Hon’ble Ministry of Health and Family Welfare, Shri Dayal was responsible, among other things, for all policies and programmes in the realms of Public Health, supervising the National Health Authorities, assessing and devising the policies for the Country’s manpower requirements in health. He holds a masters’ degree in arts from University of Delhi and also in Professional Studies, Agriculture from University of Cornell, USA.
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Prof. Hingarh is the Director in South-Asian Management Technologies FZC, Dubai and South Asian Management Technologies Foundation, a National State Board of Accountancy (USA) accredited institution focused on research, training, and strategic consulting services in the area of finance, IT, and risk management. She has over 20 years of result-oriented consultancy and corporate training experience. She is an associate consultant and trainer with Moody’s, Fitch, Informa, KPMG Middle East, and Ken Knowledge. Her areas of specialization are Information System Audit, Risk Management, and International Financial Reporting Standards. She is a member of the Financial Reporting Review Board, ICAI. She is among the few Indian’s to be invited to speak at the World Accounting Forum. Prof. Hingarh is a Chartered Accountant, Company Secretary, Certified Information System Auditor and Masters in Science. She has a chequered academic career and has been a rank holder in all her academic and professional examinations.
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Dr. (h.c.) Mamta Binani is the National Past President of the Institute of Company Secretaries of India (ICSI) for the year 2016 and she relinquished the office of President on 19th January, 2017. She is the second lady President of ICSI in the illustrious history of the Institute of 52 years. Besides being a commerce graduate, Ms. Binani is also a Fellow Member of the Institute of Company Secretaries of India and is also a law graduate. She was an All India Topper in the Intermediate Examinations of The Institute of Company Secretaries of India, amongst all the Lady Candidates in India and had ranked 14th on an All India Basis. She was the highest scorer in Company law Paper in the Final Examinations of ICSI at an all India level. She is a lawyer by profession and had been a Practising Company Secretary for over 21 years and the first registered Insolvency Professional in the country. She specializes in corporate and insolvency laws. She is the Vice President of the Kolkata National Company Law Tribunal Bar Association and is the Chairperson of the Merchant Chamber of Commerce-Legal Affairs Council and is the Co-Chair of the Restructuring Committee on Stressed Assets of Indian Chamber of Commerce. She is an executive committee member of INSOL India and also a Board Member of the International Women’s Insolvency & Restructuring Confederation (IWIRC). She has been bestowed with various medals, certificates and awards including the prestigious D.L. Mazumdar’s Silver Medal, Tejaswini Award (2010) and Mauji Ram Memorial Award, the “Bharat Nirman Awards” in the year 2010 for “Excellence in Professional Services” (the first Company Secretary to have received this prestigious award), the KKMERS award for excellence in profession and also the ‘Hello Kolkata’ award for exemplary work in social sector. She is also awarded with the ‘Insolvency Law Award’ for India by the International Advisory Experts (IAE) for the year 2020. Ms. Binani is a regular acclaimed speaker at professional forums and shares her passion for writing through leading journals, magazines and newspapers. She has represented the institute at various forums in many countries in the matters of contemporary laws, governance and corporate social responsibility. She is also serving in the Boards of few of the prestigious companies. She firmly believes in co-existence.
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Dr. Indu Bhushan served as the Chief Executive Officer (CEO) of National Health Authority (NHA) and Ayushman Bharat – Pradhan Mantri Jan Arogya Yojna (AB-PMAY), a flagship health assurance scheme of the Government of India covering more than 500 million citizens from April 2018 to January 2021.
Dr. Bhushan is an ex-Indian Administrative Service (IAS) officer (1983 batch, Rajasthan Cadre). He is an alumnus of the prestigious Indian Institute of Technology, Banaras Hindu University (IIT-BHU), from where he completed his B.Tech in Electrical Engineering and Indian Institute of Technology (IIT) Delhi from where he completed his Post Graduate Diploma in Control System and Instrumentation. He holds a Ph.D. in Health Economics and is a Master of Health Sciences from John Hopkins University, USA and is also a Chartered Financial Analyst (CFA).
Dr. Bhushan’s career spans over four decades across multiple sectors. He served for nine years in the IAS prior to working as Senior Economist with the World Bank group and then moved to Asian Development Bank (ADB) in 1997. Until his appointment as CEO of AB-PMAY, he served as Director-General, Strategy and Policy Department and has led ADB’s engagement with several Asian economies including People’s Republic of China. He administered and provided oversight to sectors like energy, environment, natural resources and agriculture, transport, public management, financial and regional cooperation and urban-social development.
He has been bestowed with various recognition, honor and awards including the Distinguished Alumnus Award 2021-22 from Indian Institute of Technology, BHU; Global Achievement Award 2020 from Johns Hopkins University and Gold Medal for E-Governance 2019 from Department of Administrative Reforms and Public Grievances, Government of India.
Currently, he is associated as a Board member with many prestigious companies and non-profit organizations globally.
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With 40 years of work experience of which 14 have been spent with Balrampur Chini Mills Limited (BCML), Mr. Praveen has spearheaded operations, expansion and new technologies implementation in various leadership roles. Quintessentially a people’s person, he has led consensus driven growth across categories and organizations. He has been essaying a chief role in the ongoing migration of BCML towards the more value-accretive segments. He now leads CTT, to build technical excellence around engineering process functions that may drive accountability for business results, with focus on standardization streamlining of operations maintenance processes across all manufacturing units of BCML.
Praveen earned his MBA from IIM, Kolkata in 1984 after completing his Mechanical Engineering from the Delhi College of Engineering, Delhi. He is also an alumnus of the Birla Public School, Pilani.
Management Team
REGISTERED OFFICE
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Shri Vivek Saraogi Chairman and Managing Director
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Avantika Saraogi Promoter & Business Lead: New Initiatives Balrampur Chini Mills Limited (BCML)
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Shri Pramod Patwari Chief Financial Officer
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Shri Rohit Bothra President (Taxation & Strategy)
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Shri Manish Purohit Vice President- Audit & Cane Operations
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Shri Vinay Khanna Vice President- Business Planning & Operations
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Shri Manoj Agarwal Company Secretary & Compliance Officer
BALRAMPUR
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Shri Vivek Saraogi Chairman and Managing Director
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Avantika Saraogi Promoter & Business Lead: New Initiatives Balrampur Chini Mills Limited (BCML)
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Dr. Arvind Krishna Saxena Whole – Time Director
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Shri Niksham Gupta Unit Head
BABHNAN
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Shri Vivek Saraogi Chairman and Managing Director
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Avantika Saraogi Promoter & Business Lead: New Initiatives Balrampur Chini Mills Limited (BCML)
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Shri Ajay Dubey Chief General Manager
TULSIPUR
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Shri Vivek Saraogi Chairman and Managing Director
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Avantika Saraogi Promoter & Business Lead: New Initiatives Balrampur Chini Mills Limited (BCML)
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Shri Sudhir Kumar Chief General Manager
HAIDERGARH
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Shri Vivek Saraogi Chairman and Managing Director
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Avantika Saraogi Promoter & Business Lead: New Initiatives Balrampur Chini Mills Limited (BCML)
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Shri Binod Kumar Yadav Chief General Manager (Unit Head)
AKBARPUR
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Shri Vivek Saraogi Chairman and Managing Director
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Avantika Saraogi Promoter & Business Lead: New Initiatives Balrampur Chini Mills Limited (BCML)
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Shri Krishna Kumar Bajpai Sr General Manager (Unit Head)
RAUZAGAON
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Shri Vivek Saraogi Chairman and Managing Director
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Avantika Saraogi Promoter & Business Lead: New Initiatives Balrampur Chini Mills Limited (BCML)
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Shri Krishna Kumar Bajpai Unit Head
MANKAPUR
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Shri Vivek Saraogi Chairman and Managing Director
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Avantika Saraogi Promoter & Business Lead: New Initiatives Balrampur Chini Mills Limited (BCML)
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Shri Neeraj Bansal Unit Head
KUMBHI
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Shri Vivek Saraogi Chairman and Managing Director
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Avantika Saraogi Promoter & Business Lead: New Initiatives Balrampur Chini Mills Limited (BCML)
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Shri Sunil Kumar Yadav Unit Head
GULARIA
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Shri Vivek Saraogi Chairman and Managing Director
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Avantika Saraogi Promoter & Business Lead: New Initiatives Balrampur Chini Mills Limited (BCML)
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Shri Yogesh Kumar Singh Chief General Manager
MAIZAPUR
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Shri Vivek Saraogi Chairman and Managing Director
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Avantika Saraogi Promoter & Business Lead: New Initiatives Balrampur Chini Mills Limited (BCML)
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Shri Sandeep Agarwal Unit Head
CORPORATE TEAM | UNIT TEAM |
Shri Praveen Gupta Whole-Time Director |
BALRAMPUR Shri Niksham Gupta Unit Head |
Shri Rajeev Gupta Senior General Manager – CoEC |
BABHNAN Shri Ajay Dubey Unit Head |
Shri Manish Agarwal Chief Technical Officer |
TULSIPUR Shri Sudhir Kumar Unit Head |
Shri B. Srinivas Chief Procurement Officer |
HAIDERGARH Shri Binod Kumar Yadav Unit Head |
Shri P.Sandeep Senior General Manager- Human Resource |
AKBARPUR Shri Krishna Kumar Bajpai Unit Head |
Shri Dilip Kr.Seksaria General Manager – Marketing Chemicals |
RAUZAGAON Shri Sudhir Kumar Unit Head |
Shri Akash Bajaj General Manager – Management Audit |
MANKAPUR Shri Neeraj Bansal Unit Head |
Shri Ujjwal Sarkar General Manager – Sales & Marketing |
KUMBHI Shri Sunil Kumar Yadav Unit Head |
Shri Pawan Kumar Patwari General Manager – Finance & Accounts |
GULARIA Shri Yogesh Kumar Singh Unit Head |
MAIZAPUR Shri Sandeep Agarwal Unit Head |
Board Committees
ENVIRONMENT, SOCIAL AND GOVERNANCE COMMITTEE
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Shri Vivek Saraogi Chairperson
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Shri D.K. Mittal
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Ms. Veena Hingarh
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Shri Praveen Gupta
NOMINATION AND REMUNERATION COMMITTEE
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Shri D. K. Mittal Chairperson
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Shri Naresh Dayal
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Ms. Veena Hingarh
AUDIT COMMITTEE
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Shri D. K. Mittal Chairperson
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Shri Krishnava Dutt
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Ms. Mamta Binani
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Shri Naresh Dayal
STAKEHOLDERS' RELATIONSHIP COMMITTEE
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Shri Krishnava Dutt Chairperson
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Shri Vivek Saraogi
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Ms. Veena Hingarh
RISK MANAGEMENT
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Shri D. K. Mittal Chairperson
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Shri Krishnava Dutt
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Ms. Veena Hingarh
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Shri Naresh Dayal
CORPORATE SOCIAL RESPONSIBILITY COMMITTEE
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Shri Naresh Dayal Chairperson
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Ms. Veena Hingarh
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Shri Vivek Saraogi
EXECUTIVE COMMITTEE
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Ms. Mamta Binani
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Shri Vivek Saraogi
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Shri Praveen Gupta