Mr. Ajayprakash Kanoria, is the Chairman and Managing Director of our Company. He holds a Bachelor‘s degree in Commerce from Nagpur University and has also passed intermediate level of Chartered Accountancy course. He has an experience of 35 years in the cutting tools industry. He has acquired the technical expertise from his father when he joined his family business.
Mr. Ajayprakash Kanoria is guiding force behind the strategic decisions of our Company and looks after the all prominent activities of our Company including but not limited to planning and formulating the overall business strategy and developing business relations for our Company. With his strategic planning and strong business development attitude, he can solely be credited for the growth of Company. With his precision for the quality of products manufactured under the Brand the Company has been able to gain the trust and appreciation of the customers for its products. He is one of the Promoters and first Director of our Company.
Mrs. Alka Kanoria, is a Whole-time Director of our Company. She holds a Bachelor‘s Degree in Science from Lucknow University. With her strong management skills, she handles the administrative office in a very planned and systematic manner. She was appointed as the Director of our Company on December 15, 2000 and designated at current position w.e.f. July 17, 2008.
Mr. Brajkishore Hargovind Agrawal, is a Non-Executive Independent Director of the Company. He has been a Practising Chartered Accountant since 1976 and possesses over 30 years of extensive professional experience in the fields of accounting, auditing, taxation, finance, and corporate advisory. His rich professional expertise and sound business acumen provide valuable guidance and strategic insights to the Board, contributing significantly to the Company’s governance and overall growth. He was appointed/re-appointed as a Non-Executive Independent Director of the Company for a term of five (5) consecutive years commencing from April 17, 2025, and ending on April 16, 2030. Mr. Agrawal is not debarred from holding the office of Director by virtue of any order passed by the Securities and Exchange Board of India (SEBI) or any other statutory or regulatory authority.
Mr. Premchand Jain, is a Non-Executive Independent Director of the Company. Aged about 71 years, he graduated in Commerce from Ravishankar University in 1975 and qualified as a Chartered Accountant in 1980. He is a Partner of M/s Vinod and Prem Jain, Chartered Accountants, Nagpur. He has vast experience in the fields of finance, banking, statutory audit, and direct and indirect taxation. He was appointed/re-appointed as an Independent Director of the Company for a term of five (5) consecutive years from April 17, 2025, to April 16, 2030. He is not debarred from holding the office of Director by virtue of any order passed by the Securities and Exchange Board of India (SEBI) or any other authority.
Mr. P.C. Ramachandran, is Non Executive Independent Directors of our Company. He has done Diploma in Mechanical Engineering in 1962 from Government Polytechnic College, Kannur, Kerala state. He has very wide experience in Machine Tool Industry. He has worked in HMT for about 16 years and thereafter was a freelance Machine Tool Service Consultant for more than 9 years. He has got vast experience in selection of machines and maintenance of various taps on machine tools. Presently he is engaged in marketing of various machine tools and representing companies like BFW-Bangalore, Gee Dee Weiler – Coimbatore, PSG Coimbatore, etc. With his vast business experience and technical insightfulness, he shall contribute his professional competency as an Independent Director to the Company. He was appointed as an Independent Director of our Company w.e.f. from September 10, 2016.