Dr. Rajan Venkatesh is the Managing Director and the Chief Executive Officer. He joined Laxmi in April 2023.
Rajan obtained his Master of Science in Chemistry from the Institute of Chemical Technology in Mumbai in 1999, and later moved to the UK to pursue higher studies. He completed Master of Philosophy in Polymer Science and Technology from the University of Manchester in 2000. He later enrolled at the Eindhoven University of Technology in The Netherlands and graduated in 2004 with a Doctor of Philosophy in Polymer Chemistry.
Dr. Rajan has dealt with diverse cultures during his professional journey. He has had the opportunity to work across different markets and cultures. He was with BASF for two decades where he led various businesses, functions and large scale projects across Germany, Singapore, India and Hong Kong.
In his last assignment before Laxmi, Dr. Rajan served as Senior Vice President, Care Chemicals, Asia Pacific responsible for P&L and general management for key customer relations, sales, marketing, HR, controlling, supply chain, related production site (eight sites), R&D, sustainability, investments/M&A, joint venture management for markets including Greater China, ASEAN, South Asia, Japan, Korea and ANZ.
He has nine years of experience in the chemicals industry. He leads the business development initiatives of our Company.
He has a bachelors' degree in science from Babson College, Boston USA
Mr. Mahadeo Karnik is a Chief Financial Officer of the company, he joined us in September 2024. Mahadeo is a rank holder in chartered accountancy which he cleared in 1996. He is also a cost accountant. He has had an extensive career in finance spanning more than two and a half decades.
He joins us from Abbott India where he was the Regional Finance Director and was a member of Board of Directors. Mahadeo was responsible for Abbotts’ 3 Pharma entities in India, leading a large team from Finance, Compliance and IT, partnering the Senior leadership team in driving profitability and growth. In the past, he has worked with companies like Perkin Elmer India Pvt Ltd, Roche Diagnostics India Pvt Ltd, International Best Foods and UPL.
S. Daipayan Bora , is the Chief Transformation Officer of our company. He is responsible for the human resources and transformation initiatives of our Company. He holds a masters of arts degree in personnel management & industrial relations from Tata Institute of Social Sciences. He joined Laxmi Organic Industries Limited in October 2018.
In the past, he was associated with companies like Kellogg India Private Limited, Lakme Lever Private Limited, and Cadbury India.
Salil Mukundan is the Chief Technology Officer, with a B.Tech in Chemical Engineering from IIT Mumbai and 34 years of industry experience. Throughout his career, he has held key roles in prominent organizations, including Deepak Nitrite Limited, IPCA Laboratories Limited, Arch Pharmalabs Limited, and Apte Amalgamations Limited. Salil's extensive expertise spans process optimization, technology development, and innovation within the chemical and pharmaceutical sectors, making him a strategic leader in advancing technological capabilities and operational efficiencies.
Susheel Mittal is the Chief Supply Chain Officer, bringing over 25 years of extensive experience in global supply chain management and operations. An MBA graduate from IIM Ahmedabad with a B.Sc. in Agriculture & Animal Husbandry (Honors) from G.B. Pant University of Agriculture & Technology, Susheel has held leadership roles in prestigious organizations such as BASF, Marico, and Corteva Agriscience. His career spans multiple geographies, including India, Germany, and Hong Kong, where he has driven strategic supply chain initiatives and operational excellence across diverse industries.
Jitendra Agarwal, is the President - Essentials. He joined Laxmi Organic Industries Limited in June 2018. He is an associate member of the Institute of Chartered Accountants of India.
He has over 27 years of experience in multi-domain such as finance, accounts, global procurement, supply chain, sales and marketing, operations and industrial relations and BU management. In the past, he was associated with Huhtamaki India Ltd, as head-strategic sourcing.
Virag Shah, is the President - Specialties BU. He joined Laxmi Organic Industries Limited in July 2020.
He holds a master’s degree of science in applied chemistry and master’s degree of business administration from Maharaja Sayajirao University of Baroda. He has over 18 years of experience in marketing, sales, business development of specialty chemicals, pharmaceutical intermediates and active pharmaceutical ingredients.
Prashant Patil, is the President - Manufacturing. He joined Laxmi Organic Industries Limited in November 2016.
He holds a bachelor’s degree in chemical engineering from Mumbai University and post graduate diploma in materials management from Welingkar Institute.
He has over 31 years of experience in manufacturing, projects, and process engineering consultancy with speciality chemicals, petro chemicals, synthetic organic chemical industries.
In the past, he was associated with Hikal Ltd., Deepak Fertilizers and Petrochemicals Ltd., SABIC (Saudi Arabia), PetroSkills Bahrain, Reliance Industries, Hindustan Organic Chemicals Ltd.
Uday Vaishampayan is a seasoned Environment, Health, and Safety (EHS) professional with over 36 years of experience in managing EHS risks across high-hazard industries, including specialty chemicals. As Senior Vice President of Corporate EHS, he brings a wealth of expertise in ensuring compliance, mitigating environmental risks, and promoting safety culture within complex industrial environments. His extensive background and dedication to EHS excellence make him a valuable leader in safeguarding operational safety and sustainability.
Dr. Milind Vaidya, is the Executive Vice President - Specialties Marketing and R&D. He joined Laxmi Organic Industries Limited in April 2024.
He holds a master’s degree in Organic Chemistry with a Ph.D from UDCT (now ICT) Mumbai. He has over 25 plus years of experience in leading large R&D teams, Business Development and Strategy across various industries such as Specialty Chemicals, Lubricants and Polymers.