Keventer Agro Appoints 2 New Independent Directors

Keventer Agro Limited, one of the rapidly evolving Food companies in Eastern India, announced the appointment of two independent directors on its Board. The appointment of Avinash Gupta, managing director – India, Dun and Bradstreet and R K Agarwal, a chartered accountant by qualification and former managing partner, Batliboi and Co. (member firm of Ernst & Young in India) was granted approval in a meeting and shall be effective as soon as possible.

Mayank Jalan, chairman and MD, Keventer Agro Ltd, stated- “We are delighted to have Mr. Avinash Gupta and Mr. R K Agarwal on our Board. Their induction as independent directors will add tremendous value to our company. Their vast experience will be invaluable to the management as we embark on our next phase of growth.”

Sharing his views on his appointment, Avinash Gupta asserted- “It is a privilege to join the Board of Keventer Agro Ltd. The company has seen consistent growth under the focused leadership of Mr. Mayank Jalan, especially given the current business environment. I along with other Directors look forward to adding value to company’s growth plans so that the Company remains committed to achieving superior performance while maximizing value for all stakeholders.”

R K Agarwalcommented- “I am honoured & delighted to be part of the Keventer Agro family, which is one of the fastest growing food processing companies in India. I am looking forward to working with like-minded people while seeking to deliver enhanced value to Keventer and its stakeholders.”

Avinash Gupta is a highly skilled, execution-focussed senior leader with a robust, global background and brings over three decades of expertize. He is looking after the Dun & Bradstreet India’s go-to-market strategy and business operations and recently assumed charge as the Co-Chairman of the Assocham MSME Development Council.

R.K. Agarwal is a qualified chartered accountant and presently serves on the Board of Srei Infrastructure Finance Ltd, Bengal NRI Complex Ltd and Cigniti Technologies Ltd., as Independent Director. He possesses the rare distinction of being the gold medal recipient by securing 1st rank on all India basis in both the intermediate and final examination of the ICAI.

He has been an Associate with S. R. Batliboi & Co. (Member firm of Ernst & Young in India) since 1978 and was the Managing Partner of the Firm at the time of his retirement in June, 2013. He was a member of the Central Council of the Institute of Chartered Accountants of India during 1991-1997 and was also a member of the Advisory Committee, Government of India, Ministry of Finance, Department of Company Affairs from 1996 to 1998. Agarwal has more than 45 years post qualification experience in several fields such as Audit, Taxation, Company Law, and Consultancy.

Other members holding positions in the board of directors include, Mayank Jalan, CMD, Keventer Agro; Uday Garg, director; Vijaykumar Kilar B., director; Shruti Swaika, independent director; Sumit Krishna Deb, director and Parvana Mayank Jalan, director.