Board Of Directors

MR. ASHOK KUMAR TODI

Chairman

Mr. Ashok Kumar Todi, son of Late Girdharilal Todi, is a Commerce Graduate and the Chairman of the Company. Hailing from an illustrious family, engaged in the hosiery business for over 5 decades, he had joined the business at a very early age and his forte lies in marketing the products of the company, formulating various policies for growth & expansion of the business across India. He has rejuvenated the exploration of new schemes for distributors, retailers and consumers. Mr. Ashok Kumar Todi has also been associated with various philanthropic organizations in India.

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MR. PRADIP KUMAR TODI

Managing Director

Mr. Pradip Kumar Todi, son of Late Girdharilal Todi, is a Commerce Graduate, the Managing Director of the Company and is presently looking after the product development and production functions of the Company. He has been associated with the Company since 1983 and his immense technical know-how in the hosiery industry and his forte in developing new patterns, yarn combinations, and knitting technologies has helped the company introduce new products from time to time. He has introduced new styles and decreased production costs which has helped the company enhance its profit margin.

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MR. NAVIN KUMAR TODI

Executive Director

Mr. Navin Kumar Todi is a Commerce graduate. He has more than 21 years of experience in the hosiery industry and under his leadership, the company successfully rose to the challenges of a competitive environment by enhancing product offerings. During his long tenure of 20 years, he has worked across various areas, building multi-dimensional experience, especially in marketing, operations, etc. His dynamic leadership and passion for the business are recognized and acknowledged by his peers.

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MR. RAHUL KUMAR TODI

Executive Director

Mr. Rahul Kumar Todi is a Bachelor in Business Management from GRD College, Coimbatore, Tamil Nadu. He has handled a wide range of responsibilities across businesses and his leadership tenure was enriched by the extensive experience gained in overseeing several functions including finance, personnel, operations, among many others.

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MR. SAKET TODI

Executive Director

Mr. Saket Todi, son of Shri Ashok Kumar Todi, is the Executive Director of Lux Industries Limited. He has done his post-graduation in Brand Management from Mudra Institute of Communications (MICA). His eminent knowledge in marketing has significantly contributed towards strengthening the premium brands in the retail channel - the ONN brand and its export market. He has been associated with the Company since 2014. His in-depth knowledge of marketing has helped the company to achieve greater success and increase profitability. He expanded the brand presence by 24+ countries by focusing on quality and thereby created a loyal customer base.

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MR. UDIT TODI

Executive Director

Mr. Udit Todi, son of Shri Pradip Kumar Todi, is the Executive Director of Lux Industries Limited. He has done MSC in Finance from The London School of Economics and Political Science (LSE), and Economics (Hons.) from St. Stephens College, Delhi. He has been associated with the Company since 2014 and his expertise in the field of finance has aided new facilities for remarkable growth plans for the company. Mr. Udit Todi launched the brand Lyra making it the market leader within 5 years.

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MR. KUMUD CHANDRA PARICHA PATNAIK

Independent Director

Mr. Kumud Chandra Paricha Patnaik, 63 years, is a Retired Senior Indian Revenue Service Officer (Retd. Sr. IRS), Master in English Literature, Berhampur University (Gold Medalist) and a Practicing Advocate (LLB) and Corporate Advisor. He started his career as a Lecturer in English and then joined Indian Revenue Service and retired as a Director General of Income Tax Investigation after serving for 33 long years.
His domain expertise lies in Direct Tax Dispute Resolution, Corporate Advisory, International taxation, Tax Re-structuring, Forensic Due Diligence, PMLA, Direct Tax Strategy, Company Law, Insolvency & Bankruptcy Law and other allied Laws, etc. Other areas of expertise include strategy, planning, leadership roles in senior corporate management.
Mr. Patnaik was associated with Income Tax Department -Govt. of India as Director General of Income Tax Investigation, for locations, i.e. Pune, Mumbai, Karnataka, Goa and Kerala and closely supervised search assessments, sensitive investigations and has headed a workforce of 5000 officials as Chief Commissioner of Income Tax, Thane. He is associated with Singhania & Co LLP, an All-India Law Firm and handle their Direct Tax Vertical being stationed at Mumbai. He is also an Inspirational Speaker, holding Chancellor's Cup of the University for Oration, also a creative writer in English and Oriya literature with published poetry in both languages in journals of repute. He is Non- Executive & Independent Director on the Board of Abans Group.

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MR. SADHU RAM BANSAL

Independent Director

Mr. Sadhu Ram Bansal, 68 years, is a Post Graduate in English and also Certified Associate of Indian Institute of Bankers (CAIIB) and Associate of Indian Institute of Banking & Finance (AIIBF). Mr. Bansal is a versatile Banker with over 34 years of rich experience in the Banking Industry in various administrative & functional capacities. Mr. Bansal has been Independent Director/Advisor for more than 8 years to organizations across education, infrastructure, social and welfare services, electronic goods, manufacturing and service sectors.
Mr. Bansal served as the CMD of Corporation Bank and had put the Bank on a path of sustainable growth by adopting the result-oriented initiative & improved asset qualities. He was a part of several projects like MOU with JBIC in Tokyo, Japan for financing the Delhi Mumbai Industrial Corridor. He is also the Guest speaker at top B School including IIM-A, IIM-C, MDI on varied topics such as "Infrastructure Financing".

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MRS. SHASHI SHARMA

Independent Director

Ms Shashi Sharma, 63 years, is a Chartered Accountant and holds a Graduate Degree in Commerce from Shri Ram College of Commerce, Delhi University. She is also a Certified Treasury Manager from Institute of Chartered Financial Analysts of India, besides being an Alumni of London Business School, London. During her stint with Tourism Finance Corp. of India Ltd., she has first served as a Non-Executive Director and then as a Managing Director of the Company. Ms Sharma has also served as the Chief Treasury and Investment Officer at IFCI Limited before being elevated to the position of Executive Director.
Ms. Sharma's expertise lies in resource raising from debt markets (bank borrowings, as well as bond market issues), also have vast experience in liaisoning with banks, regulatory authorities, government departments, multilateral organizations (such as KFW, ADB) and rating agencies. She has issued bonds of about Rs. 10,000 crores including structured deep discount bonds, tax-free bonds, tier 2 bonds and plain vanilla bonds over the past 5 years, borrowed from banks approximately Rs. 20,000 crores over the past 5 years. She has also handled large portfolio equity investment in ~400 listed companies and have handled integrated treasury operations (as a profit centre) for the entire group.
She has also served as a Director at Stock Holding Corporation of India Limited besides being a member of the Corporate Bond Securitization Advisory Committee set-up by SEBI. She is on the Board of Magadh Sugar & Energy Limited as an Independent Director.

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MRS. RUSHA MITRA

Independent Director

Mrs. Rusha Mitra has spent over a decade at Khaitan& Co. after having graduated from W.B. National University of Juridical Sciences, Kolkata in the year 2008. She is specialized in corporate restructuring, mergers, acquisitions, demergers, reconstructions and reorganization. She also have considerable experience in various other areas of practicing and advising clients, in relation with various aspects of law, including commercial and civil litigation. She is presently holding the position of Partner at Khaitan& Co.

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Mr. RAJNISH RIKHY

Independent Director

Mr. Rajnish Rikhy is a law graduate and holds a Master’s degree in Business Administration from Faculty of Management Studies, Delhi University. He also holds a Management Development Diploma from IIM Ahmedabad. He has over 30 years of industry experience in sales, marketing, strategy, corporate, HR, operations and PL functions. Mr. Rikhy has worked and advised clients across Pharma, FMCG, Education, Auto, Media and SME Sectors. He has served as the Chief Revenue Officer at TV Today Network Ltd (India Today Group); and was also associated with BCCL (The Times Group) as Director- Response. He has also served as the Group CEO & Business Director at Kantipur Media Group (KMG), the largest media conglomerate in Nepal,where he was responsible for the PL of all the four companies of the group.

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MRS. RATNABALI KAKKAR

Independent Director

Mrs. Ratnabali Kakkar is a graduate in BA (Hons) from University of Calcutta and holds a Master’s degree in Business Administration (Finance & Marketing) from Indian Institute of Management IIM, Calcutta. She has over 40 years of rich experience in Banking, Financial Services and Wealth Management Industry. Her areas of expertise are Revenue Growth, Strategic Planning & Execution, Team Leadership & Development, Governance and Risk, Client Acquisition Management, etc. Mrs. Kakkar has served various Private Banks based in London as Director & Senior Relationship Manager. She has founded and developed Magellan Wealth Management, Private Boutique Multi Family Office, a successful multiple family office based in London providing ultra-high net worth South Asian, African and Western European families a platform for wealth planning, inter-generational wealth transfer and philanthropy.

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