Management

Board of Directors

Sumeet Industries Ltd is managed by an exceptionally professional & strong team with hands on experience of various industries. All the members in the management are competent and have been in the industry for more than a decade and have gained vast experience to take their unit at greater height.

The Board of Directors of the company consist of the following eminent personalities having expertise in their respective fields :

Mr. Shankarlal Sitaram Somani, aged 63 Years, a Commerce Graduate is the Chairman of the Company. He has more than 3 decades of experience in Textile Industry. In 1976, he started his trading business in the name of Somani Trading Co. In the year 1981, he established a Fabric Processing Unit in the name “Somani Silk Mills (P) Limited” at Ankleshwar near Surat. In 1988, he diversified his business and established a Texurising Unit in the name of “Mahesh Texurisers (P) Limited at Mangrol (Surat). In the year 1988, he promoted Sumeet Industries Limited and its I.P.O. was came in the year 1993 and started with setting up Manufacturing of Polypropylene Multifilament Yarn with production capacity of 1500 TPA. Later its capacity increased to 3900 TPA. Under his leadership the company has successfully commissioned Backward Integration cum Expansion Project of 1,00,000 TPA for manufacturing PET Chips and Polyester Yarn with project cost of Rs. 400.00 Crores. He has overall control and management of the Company subject to supervision, control & direction of the Board. He has served various social prestigious posts like President of Rajasthan Parisad, Surat, President of Maheshwari Bhawan Samiti, Managing committee member of Sarvajanik Education Society and Shri Maheswari Vidyapeeth.

Mr. Sumeet Shankarlal Somani, aged 37 years is a Managing Director of our Company. He has completed his Masters of commerce from South Gujarat University, Gujarat and Diploma in Business Management from S. P. Jain Institute of Management & Research, Mumbai. He is looking after company’s day to day activities.

Mr. Dinesh Sharan Khare, aged 51 years is a Non-Executive Director of the Company. He is qualified as B. Text (Man-Made Fibre Technology) from Govt. Central Textile Institute, Kanpur University in 1987. He has also completed his certificate Course in Foreign Trade Management from Indian Institute of Foreign Trade. He started his career with M/s. Rajasthan Petro Synthetics Limited and has worked in different capacities for marketing of Polyester yarns till 1994. In the year 1995 he had been appointed in the Company to look after the marketing division. He has experience in sales Production Planning of Polypropylene Yarn, Polyester Yarn and Polyester fabrics. He has played a pioneer role in establishing company’s brand in abroad.

Mr. Bhagchand Chordia, aged 52 Years is a Practicing Chartered Accountant and Director of the company. He is a Fellow member of The Institute of Chartered Accountants of India. He has vast experience in financial and taxation field. He started his career as a management trainee in 1991 with M/s. Rajasthan Spinning & Weaving Limited. The Company has been long benefited with experience and advises of Mr. Chordia in reducing cost of financing and project implementation.

Mr. Atma Ram Sarda, aged 54 Years is a Practicing Chartered Accountant and Non-Executive Director of the company.

Smt. Ganga Devi Somani, (DIN 06913790), aged 60 Years is a Non-Executive Director of the Company. She is a chairperson of Corporate Social Responsibility Committee (CSR Committee) of the Company. She has been engaged in several initiatives that have strengthened the Company, right from ecological development at Plant at Karanj, Mandvi, next-generation office campuses, designing awareness programme for staff, healthcare initiatives.

Mr. Dipesh Dasadia, aged 48 years is an Engineer and Director of the Company, is a founder Director of Transit Electronics Pvt Ltd. He is founder trustee of PRAYAS; a 10 year old NGO working for environment, animal & bird rescue & protection. He is patron member of nature club of the oldest NGO working for environment in Surat. He has a keen inclination towards promoting organic farming & use of natural product in daily life. He is a chief patron member of The Southern Gujarat Chamber Of Commerce and Industry (SGCCI). He is a member of IEEE (Institute of Electrical and Electronics Engineers) which is the world’s largest technical professional organization dedicated to advancing technology for the benefit of humanity. He was awarded for a Business Leadership Award for Industrial Development by Indian Economic Development & Research Association.

Mr. Abhishek B. Desai, aged 38 years obtaining a degree in Bachelor of Commerce from University of Mumbai. He is having remarkable competencies like Public Relation, Corporate Communicator, Business Development, Facilitator, Liaisoner, Strategic Partnerships, Robust Client Relationships, Negotiator, Strong Relationship with Financial Institutions, will help company to get valuable effort. Presently he is providing valuable guidance on various posts in multiple companies like Business Consultant & Facilitator in Alpha Nippon Innovatives Ltd, Head of Business Development & Marketing in Asha Metals Industries Ltd, and Looking after Business Development & Project Facilitation at Ducon Consultants Pvt Ltd.

Mr. Abhishek Prasadaged 43 years is a Chartered Accountant and Chief Financial Officer (CFO) of the Company. He has 10 years of experience in financial field.

COMPANY SECRETARY

Mr. Anil Kumar Jain, aged 45 years is Company Secretary and Compliance Officer of the Company. He is the member of “The Institute of Company Secretaries of India (ICSI)”. He has around 15 years of vast experience in the field of Secretarial Procedure, Taxation and project management. He is presently employed as a whole time practicing company secretary of the company.