Team Portfolio
Mr. Asad Daud
Mr. Asad Daud (DIN: 02491539) has been serving as a Director of the Company since April 22, 2014, and provides strong strategic leadership backed by deep financial and operational expertise. He holds a bachelor’s degree in accounting and finance from HR College, Mumbai, and a Master’s degree in the same discipline from the London School of Economics. Committed to continuous leadership development, he has completed Executive Education programmes at IIM Bangalore and ISB Hyderabad, and the Leading in the Digital Era programme at Harvard Business School, Boston.
With over 15 years of experience in the manufacturing industry, he has been a driving force behind the Company’s domestic and international expansion. His leadership has contributed significantly to scaling operations, strengthening global presence, and successfully diversifying the Company’s business verticals and product portfolio through innovation and forwardlooking strategic initiatives.
With over 15 years of experience in the manufacturing industry, he has been a driving force behind the Company’s domestic and international expansion. His leadership has contributed significantly to scaling operations, strengthening global presence, and successfully diversifying the Company’s business verticals and product portfolio through innovation and forwardlooking strategic initiatives.
Mrs. Shehnaz D. Ali
Mrs. Shehnaz Ali (DIN: 00185452) has been serving as the Wholetime Director of the Company since September 27, 2001. A graduate of the University of Rajasthan with over 23 years of extensive business experience across multiple industries, she brings continuity of leadership, sound judgment, and a strong governance perspective to the Company. As a Wholetime Director, she is actively involved in strengthening the Company’s strategic oversight, guiding startup investments, and leading its corporate social responsibility initiatives in alignment with longterm stakeholder interests. Mrs. Ali is a committed to sustainable and responsible business practices, contributing meaningfully to the formulation and execution of the Company’s growth strategies.
Mr. Harikant Turgalia
Mr. Harikant Turgalia (DIN: 00049544) has been serving as the Wholetime Director of the Company since September 27, 2001 and holds the position of Chief Financial Officer. With over 38 years of extensive experience across manufacturing, trading, and finance, he provides strong financial leadership and spearheads financial strategy and management operations.
A Commerce graduate from the University of Udaipur, Mr. Turgalia brings deep expertise in financial governance, strategic planning, and operational execution. His disciplined approach to capital management, risk oversight, and financial controls has been instrumental in ensuring consistent performance, enhancing financial resilience, and supporting the Company’s longterm sustainable growth.
A Commerce graduate from the University of Udaipur, Mr. Turgalia brings deep expertise in financial governance, strategic planning, and operational execution. His disciplined approach to capital management, risk oversight, and financial controls has been instrumental in ensuring consistent performance, enhancing financial resilience, and supporting the Company’s longterm sustainable growth.
Mr. Parthasarathi Sarkar
Mr. Parthasarathi Sarkar (DIN: 00047272) has been serving as an Independent Director of the Company since July 26, 2022 and brings to the Board deep strategic insight and distinguished corporate leadership experience. He holds a B.Tech (Hons) from the IIT Delhi, and a MBA from the IIM Ahmedabad.
With an extensive and diverse career spanning more than four decades, Mr. Sarkar has held senior leadership and boardlevel positions across renowned Indian and global enterprises. He began his professional journey with Unilever in Mumbai and subsequently joined the Tata Administrative Services, where he served for over two decades in various leadership roles across Tata Group companies. He worked closely with Mr. Ratan Tata at Tata Industries in the early 1980s to develop the Tata Group’s first longterm strategic plan and later played a key role in establishing several landmark ventures for the Group, including Hitech Drilling Services Limited (a joint venture with Schlumberger), Tata Honeywell Limited, Tata Telecom Limited, and a biotechnology company in Singapore.
With an extensive and diverse career spanning more than four decades, Mr. Sarkar has held senior leadership and boardlevel positions across renowned Indian and global enterprises. He began his professional journey with Unilever in Mumbai and subsequently joined the Tata Administrative Services, where he served for over two decades in various leadership roles across Tata Group companies. He worked closely with Mr. Ratan Tata at Tata Industries in the early 1980s to develop the Tata Group’s first longterm strategic plan and later played a key role in establishing several landmark ventures for the Group, including Hitech Drilling Services Limited (a joint venture with Schlumberger), Tata Honeywell Limited, Tata Telecom Limited, and a biotechnology company in Singapore.
Mr. Sarkar later served as the Chief Executive Officer and Managing Director of Tata Finance Limited, a company he also helped establish. Earlier in his career, he held leadership positions with Tata Steel, Tata Robins Fraser Limited, Tata Exports, and subsequently headed the finance businesses of the RPG and Escorts Groups.
Currently retired from executive roles, Mr. Sarkar runs his own management consulting firm, P. Sarkar Associates, focusing on mergers and acquisitions, corporate restructuring, and financial strategy. He has also served on the Advisory Board of Avista India Financial Consultancy Services, a Singaporebased advisory firm supporting midmarket fundraising initiatives. As an Independent Director, Mr. Sarkar provides the Board with seasoned judgment, strategic clarity, and strong governance oversight, contributing meaningfully to balanced decisionmaking and longterm stakeholder value creation.
Currently retired from executive roles, Mr. Sarkar runs his own management consulting firm, P. Sarkar Associates, focusing on mergers and acquisitions, corporate restructuring, and financial strategy. He has also served on the Advisory Board of Avista India Financial Consultancy Services, a Singaporebased advisory firm supporting midmarket fundraising initiatives. As an Independent Director, Mr. Sarkar provides the Board with seasoned judgment, strategic clarity, and strong governance oversight, contributing meaningfully to balanced decisionmaking and longterm stakeholder value creation.
Mr. Arpit Khandelwal
Mr. Arpit Khandelwal (DIN: 09684341) has been serving as an Independent Director of the Company since July 26, 2022 and brings a strong blend of financial expertise, risk oversight, and strategic perspective to the Board. A Chartered Accountant and a Chartered Financial Analyst, he has over 13 years of multifaceted experience across Banking, Treasury, Finance, Technology, and Risk Management.
Mr. Khandelwal possesses deep knowledge of risk management frameworks, corporate laws, indirect taxation, and international trade regulations, enabling him to provide informed and independent judgment on complex regulatory, financial, and strategic matters. As an Independent Director, he contributes significantly to strengthening the Company’s governance standards, enhancing risk oversight, and supporting balanced and wellinformed boardlevel decisionmaking.
Mr. Khandelwal possesses deep knowledge of risk management frameworks, corporate laws, indirect taxation, and international trade regulations, enabling him to provide informed and independent judgment on complex regulatory, financial, and strategic matters. As an Independent Director, he contributes significantly to strengthening the Company’s governance standards, enhancing risk oversight, and supporting balanced and wellinformed boardlevel decisionmaking.
Mrs. Uma Mandavgane
Mrs. Uma Mandavgane (DIN: 03156224) has been serving as an Independent Director of the Company since May 31, 2024 and brings deep expertise in governance, risk management, and financial advisory to the Board. She is an Associate Chartered Accountant (ACA) from the Institute of Chartered Accountants of India and a Certified Information Systems Auditor (CISA) from ISACA, USA.
With over three decades of professional experience in Risk Advisory and Corporate Finance and Treasury Management, Mrs. Mandavgane has built a distinguished career in governance, risk, and compliance (GRC). For nearly two decades, she has held leadership roles in largescale consulting engagements with Big Four firms, serving as a subjectmatter expert in business and technology risk for clients across the Banking and Financial Services, ITES, Oil & Gas, Manufacturing, and Retail sectors.
With over three decades of professional experience in Risk Advisory and Corporate Finance and Treasury Management, Mrs. Mandavgane has built a distinguished career in governance, risk, and compliance (GRC). For nearly two decades, she has held leadership roles in largescale consulting engagements with Big Four firms, serving as a subjectmatter expert in business and technology risk for clients across the Banking and Financial Services, ITES, Oil & Gas, Manufacturing, and Retail sectors.
Her core areas of expertise include technology and business risk assurance, enterprise risk management, and business process reengineering and transformation. As an Independent Director, Mrs. Mandavgane contributes seasoned judgment, robust risk oversight, and strong governance perspective, supporting the Company’s commitment to resilient operations, regulatory compliance, and longterm sustainable value creation.
Ms. Alka Gupta
Alka Gupta has been associated with the Company as the Company Secretary and Compliance Officer since July 1, 2015. She is an Associate Member of the Institute of Company Secretaries of India and is a seasoned corporate secretarial and compliance professional with over a decade of extensive experience in corporate laws, secretarial matters, regulatory compliances, and governance frameworks. Over the years, she has developed strong domain expertise in managing compliance requirements for both listed and unlisted companies, while supporting the Company in maintaining sound governance practices and adherence to evolving regulatory standards.
Her professional expertise covers a wide spectrum of Corporate and Strategic Transactions, including Mergers and Acquisitions, Fund-raising Initiatives, Incorporation and Companies in India and UAE and Non-Banking Financial Company, FEMA Compliances, Initial public offerings (IPOs), Preferential Allotments, Secretarial audits and Exit offers.
Her professional expertise covers a wide spectrum of Corporate and Strategic Transactions, including Mergers and Acquisitions, Fund-raising Initiatives, Incorporation and Companies in India and UAE and Non-Banking Financial Company, FEMA Compliances, Initial public offerings (IPOs), Preferential Allotments, Secretarial audits and Exit offers.
In her role as Company Secretary and Compliance Officer, she is responsible for overseeing the Aeroflex Group’s day-to-day secretarial and compliance functions, ensuring timely statutory filings, regulatory disclosures, and effective liaison with regulatory authorities and other stakeholders. She plays an important role in supporting the Board of Directors and senior management on matters relating to corporate governance, board and committee processes, implementation of internal policies, and strengthening of compliance management systems.
With her strong understanding of legal, regulatory, and governance frameworks, she is contributing significantly to our commitment to high standards of transparency, accountability, and regulatory discipline thereby fostering a robust compliance culture and upholding sound corporate governance practices.
With her strong understanding of legal, regulatory, and governance frameworks, she is contributing significantly to our commitment to high standards of transparency, accountability, and regulatory discipline thereby fostering a robust compliance culture and upholding sound corporate governance practices.
Ms. Bronika Gandhi
Strategy and investments professional with 6+ years of experience supporting executive leadership on corporate strategy, capital allocation, and M&A. Currently working within the Managing Director's Office at Aeroflex Enterprises Ltd, driving strategic initiatives, investment decisions, and cross-functional execution. Her Transaction experience includes acquisitions, IPO processes, and a strategic divestment with cross-border deals. A CFA Level II Candidate, qualified Company Secretary, and Law graduate, she brings a distinctive combination of investment expertise, legal training, and governance credentials.
She brings a disciplined perspective to investing across the full spectrum managing multi-asset portfolios spanning public equities, private markets, and alternative assets, alongside a focused track record in startup and early-stage investing. Her investment approach is defined by rigorous analysis, conviction in fundamentals, and a long-term orientation towards value creation.
Prior to joining Aeroflex Group, she was a part of Group Secretarial & Oversight team at HDFC Limited.
She brings a disciplined perspective to investing across the full spectrum managing multi-asset portfolios spanning public equities, private markets, and alternative assets, alongside a focused track record in startup and early-stage investing. Her investment approach is defined by rigorous analysis, conviction in fundamentals, and a long-term orientation towards value creation.
Prior to joining Aeroflex Group, she was a part of Group Secretarial & Oversight team at HDFC Limited.
Mr. Taikhum Bandookwala
Taikhum Bandookwala works closely with the Chairman’s Office on strategic initiatives, corporate development, and expansion opportunities. His work spans investment banking, mergers & acquisitions, strategic tie-ups, and evaluation of businesses aligned with the Group’s long-term growth objectives.
He has been actively involved in the execution of the IPOs of Aeroflex Industries and Aeroflex Neu, while also supporting investor relations and capital market engagements for the Group. In addition, he leads the Group’s fintech lending business, which has built a lending book of over INR 700 crore.
He is also involved in managing the Group’s early-stage investment portfolio and angel investing activities across sectors and stages. His role includes assessing investment opportunities, analysing industry trends, and supporting strategic partnerships and acquisition opportunities in India and overseas markets.
He is a member of the Institute of Chartered Accountants of India and was part of the Corporate Finance and Due Diligence team at BDO before joining Aeroflex Group.
He has been actively involved in the execution of the IPOs of Aeroflex Industries and Aeroflex Neu, while also supporting investor relations and capital market engagements for the Group. In addition, he leads the Group’s fintech lending business, which has built a lending book of over INR 700 crore.
He is also involved in managing the Group’s early-stage investment portfolio and angel investing activities across sectors and stages. His role includes assessing investment opportunities, analysing industry trends, and supporting strategic partnerships and acquisition opportunities in India and overseas markets.
He is a member of the Institute of Chartered Accountants of India and was part of the Corporate Finance and Due Diligence team at BDO before joining Aeroflex Group.