Dhampur Sugar Mills Limited Announces Reconstitution of Committees of the Board of Directors
May 01, 2024 at 09:36 am
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Dhampur Sugar Mills Limited announced that the Board of Directors in its meeting held on May 1, 2024, has approved the reconstitution of the following committees of the Board of Directors consequent to demise of Mr. Mahesh Prasad Mehrotra, Independent Director of the Company: Audit Committee: Mr. Anuj Khanna, Non- Executive Independent Director - Chairman; Nomination And Remuneration Committee: Mr. Yashwardhan Poddar, Non- Executive Independent Director - Chairman; Mr. Satpal Kumar Arora, Non- Executive Independent Director - Member; Ms. Pallavi Khandelwal, Non- Executive Independent Director - Member Corporate Social Responsibility Committee. Corporate Social Responsibility Committee: Mr. Ashok Kumar Goel, Chairman and Executive Director - Chairman; Mr. Gaurav Goel, Vice Chairman and Managing Director - Member; Mr. Yashwardhan Poddar, Non- Executive Independent Director Member. Management Committee: Mr. Ashok Kumar Goel, Chairman and Executive Director Chairman; Mr. Gaurav Goel, Vice Chairman and Managing Director Member; Mr. Anuj Khanna, Non- Executive Independent Director Member. Management Committee: Mr. Ashok Kumar Goel, Chairman and Executive Director Chairman; Mr. Gaurav Goel, Vice Chairman and Managing Director Member; Mr. Anuj Khanna, Non- Executive Independent Director Member. Approved the re-designation of Mr. Akshat Kapoor, Vice President (Operations) as Chief Operating Officer of the Company effective April 01, 2024 on the basis of recommendations of Nomination and Remuneration Committee Meeting. He will be considered as Key Managerial Personnel (KMP) as defined under Section 2(51) (v) of Companies Act, 2013 and rules made thereunder. Mr. Akshat Kapoor has been associated with
Dhampur Sugar Mills Limited for more than 17 years. He is a Chartered Accountant and has diverse functional experience ranging from finance planning & treasury to procurement, capex, sales and operations. Mr. Kapoor has been instrumental in building successful teams and aligning financial and business benchmarks to support business strategy and growth at
Dhampur. He is responsible for the overall sales, operations strategy, and execution. He drives internal functions and verticals to facilitate the company's growth strategy and meet its business goals. He also oversees processes that
include creating and monitoring reliable control systems and reporting risk areas to the management.
Dhampur Sugar Mills Limited is an India-based integrated sugarcane processing company. The Company is engaged in the manufacturing and selling of sugar, chemicals, ethanol and co-generation of power. The Company produces sugar and utilizes by-products bagasse and molasses in its distillery and co-generation activities. The Company's segments include Sugar, Power, Ethanol, Chemicals, Potable Spirits and Others. The Sugar segment is engaged in the manufacturing and sale of sugar and its byproducts. The Power segment is engaged in the co-generation and sale of power. The Ethanol segment is involved in the manufacturing and sale of RS, Ethanol, extra neutral alcohol, industrial alcohol. The Chemicals segment is involved in the manufacturing and sale of ethyl acetate. The Potable Spirits segment is engaged in the manufacturing and sale of country liquor. The Others segment consists of the sale of petrol and agricultural products. Its subsidiaries include Ehaat Limited and DETS Limited.