Investor-Relations

Adani electricity business showcase 2021


Adani Electricity Mumbai Ltd

CIN: U74999GJ2008PLC107256

Registered Office: Adani Corporate House, Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar Ahmedabad Gujarat 382421

Corporate Office Address: Devidas Lane, Off SVP Road, Near Devidas Telephone Exchange, Borivali (W), Mumbai 400 103, Maharashtra, India Tel +91 22 50549999

Adani Electricity Mumbai Limited Brief Profile of Directors

Name Brief Write up on the Director Photograph
Mr Anil Sardana
Chairman Non-Executive Director
Anil Sardana, aged 60, comes with over 3 decades of experience in the power and infrastructure sector. He started his career with NTPC and subsequently worked with BSES and Tata Group companies in the power and Infra sector, ranging from generation, power systems design, power distribution, Telecom and project management. Prior to joining the Adani Group, he was the MD & CEO of Tata Power Group based out of Mumbai.

Mr Anil Sardana does not hold any shares in Adani Electricity Mumbai Limited
Mr. Kandarp Patel
Managing Director and CEO
Mr. Kandarp Patel, aged 47, holds a Bachelor's Degree in Electrical Engineering from Birla Viswakarma Mahavidhyalaya Engineering College and an MBA in Finance from G.H. Patel PG Institute of Business Management. Mr. Patel has a total of more than 17 years of experience in the areas of Power Trading, Fuel Management, Legal and Regulatory and Commercial aspects of the Power Business.
Mr. Sagar Adani
Non-Executive Director
Mr. Sagar Adani, aged 25, joined the Adani Group in 2015 after graduating in Economics from Brown University, USA. Having started off his career in Projects, he is credited with building the entire solar and wind portfolio of Adani Green Energy.

Mr. Sagar Adani does not hold any shares in Adani Electricity Mumbai Limited
Mr. Kalaikuruchi Jairaj
Independent Director
K Jairaj, aged 67, a member of the 1976 batch. of the Indian Administrative Service , has held distinguished appointments in the infrastructure, energy, transport and urban development sectors, including a role as Additional Chief Secretary, Energy Department and Chairman, BESCOM, Managing Director, Bangalore International Airport Ltd; Managing Director, Karnataka Power Corporation Ltd; Managing Director, Karnataka State Road Transport Corporation; Commissioner, Bangalore City Corporation for two terms; Commissioner for Commercial Taxes and Principal Secretary to the Chief Minister. With N.R. Narayanamurthy, Chairman Emeritus of Infosys, Mr. Jairaj established the Bangalore International Airport Limited, India's first greenfield airport on public private partnership basis with Siemens, Germany

Mr. K Jairaj does not hold any shares in Adani Electricity Mumbai Limited
Mrs. Chitra Bhatnagar
Independent Director
Mrs Chitra Bhatnagar, aged 63, is a Gynaecologist and Obstetrician by profession having MBBS and MD degree from Gandhi Medical College, Bhopal University. Mrs Bhatnagar was in active medical practice for more than 25 years. She also worked for slum children with NGOs like Bal Vikas Dhara, Delhi. She has been associated with Adani Foundation for last 12 years, providing voluntary and honorary service to the underprivileged section of society in medical field. Mrs. Bhatnagar is on the board of several Adani Group companies.

Mrs Chitra Bhatnagar does not hold any shares in Adani Electricity Mumbai Limited
Mr. Quinton Choi
Non Executive Director
Quinton Choi is a manager at Qatar Investment Authority ('QIA'). He has over 13 years of principal investing and investment banking experience in power, utilities and infrastructure. Prior to joining QIA in 2014, Quinton was a Vice President at Barclays. He has also worked at Dresdner Kleinwort and China Earthcare Capital. Quinton holds a Bachelor of Science Economics degree at the London School of Economics and Political Science.
Mr. Kenneth McLaren
Non Executive Director
Ken McLaren is Chief, Investment Execution and a member of Executive Committee for QIA. Ken joined QIA in 2018 and has over 20 years of combined principal investing and investment banking experience. Prior to joining QIA, Ken was a Managing Director at Merrill Lynch in a variety of roles including Head of Infrastructure M&A in EMEA. Ken holds a Bachelor of Commerce (Hons.) from Queen’s University in Canada and is a Chartered Financial Analyst holder.

 

Name Brief Write up on Key Managerial Person Photograph
Mr. Kandarp Patel
Managing Director and CEO
Mr. Kandarp Patel, aged 47, holds a Bachelor’s Degree in Electrical Engineering from Birla Viswakarma Mahavidhyalaya Engineering College and an MBA in Finance from G.H. Patel PG Institute of Business Management. Mr. Patel has a total of more than 17 years of experience in the areas of Power Trading, Fuel Management, Legal and Regulatory and Commercial aspects of the Power Business.
Mr. Rakesh Tiwary
CFO
Mr. Rakesh Tiwary is a Chartered Accountant and has over 2 decades of experience in spearheading a wide spectrum of Accounts & Finance. His expertise lies in Funds Raising & Management, Working Capital Assessment, Credit Control, Taxation and Audit. Earlier, he was associated with Solar Manufacturing Business as CFO since February 2016
Mr. Jaladhi Shukla
Company Secretary

Mr. Jaladhi Shukla is a Fellow Member of The Institute of Company Secretaries of India (ICSI), New Delhi, a Post Graduate in Finance (PGDBA) from Symbiosis, Pune and a Graduate in Law (LL.B.) from the Gujarat University, Ahmedabad.

Mr. Shukla possess over 18 years of diversified experience in handling critical assignments both Indian and Overseas with leading corporates. He has handled number of Mergers and Amalgamations (M&A), Corporate Restructuring, New Acquisitions and Takeovers, Joint Ventures, FEMA matters, Inspections and Investigations, Due diligence and fund raising programs like IPOs, QIPs, FCCBs and debt securities. He has made significant contributions in the mega M&A deals, Business Process Transformation (BPT) and process automation initiatives of the Adani Group. He has been instrumental in resolving critical group secretarial issues and implementation of new provisions across all group companies. He has been awarded Long Service Award in recognition of 15 years of dedicated service to Adani Group.

He is a reputed faculty at conferences and seminars of CS and Post Graduate Students in Ahmedabad. He has also authored many articles on Company Law, SEBI Listing Regulations, Corporate Governance, Mergers and Acquisitions, SEBI Insider Trading Regulations, Corporate Social Responsibility (CSR) and other subjects in the monthly magazines, newsletter(s) and seminar brochures of ICSI and other reputed websites.

 

Committee Composition:


1. Audit Committee of Director
Name Position on Committee
Mr. K Jairaj
(Non-Executive & Independent Director)
Chairman
Mrs. Chitra Bhatnagar
(Non-Executive & Independent Director)
Member
Mr. Sagar Adani, Director Member

 

2. Nomination & Remuneration Committee of Directors:
Name Position on Committee
Mr. K Jairaj
(Non-Executive & Independent Director)
Chairman
Mrs. Chitra Bhatnagar
(Non-Executive & Independent Director)
Member
Mr. Sagar Adani
Director
Member
Mr. Quinton Choi
Director
Member

 

3. Corporate Social Responsibility Committee of Directors:

Name Position on Committee
Mr. Kandarp Patel
(Managing Director & CEO)
Chairman
Mr. K Jairaj
(Non-Executive & Independent Director)
Member
Mr. Sagar Adani
Director
Member
Mr. Quinton Choi
Director
Member

 

 

Investor FAQs

The financial year of the Company ends on March 31.

The quarterly and annual financial results can be accessed under "Financial Section" of the website at www.adanielectricity.com..

Statutory Auditors of the Company is M/s Deloitte Haskins & Sells LLP, Chartered Accountants, Mumbai.

AGM related updates can be obtained by downloading the Annual Report of the Company from the “Finance Section” of the website at www.adanielectricity.com.

ISIN code is INE732Y01010.