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Milind Sarwate
Independent Director
Milind Sarwate is an Independent Director of our Company. He is a chartered accountant from the Institute of Chartered Accountants of India, a cost accountant from the Institute of Cost Accountants of India and a company secretary from the Institute of Company Secretaries of India. He was a participant of the Fulbright-CII fellowship for leadership in management program at the Carnegie Mellon Graduate School of Industrial Administration, U.S.A. He also holds a bachelor’s honours degree in commerce from the University of Bombay. Presently, he serves as an independent director on the boards of the following companies viz. Mahindra & Mahindra Financial Services Limited, Metropolis Healthcare Limited, SeQuent Scientific Limited, Matrimony.com Limited, Hexaware Technologies Limited, OmniActive Health Technologies Limited, Eternis Fine Chemicals Limited and WheelsEMI Private Limited. He is also the founder & designated partner of Increate Value Advisors LLP and Increate Social Value Advisors & Resourcers LLP. He is also a promoter director of Increate Foundation, a Section 8 company, and a member of the advisory board for Educo, a public charitable trust. He has about 37 years of post-qualification experience, including with two consumer product companies, viz. Godrej Soaps Limited (since restructured to form Godrej Consumer Products Limited) and Marico Limited. He has also served as an independent director on the boards of Mindtree Limited, Glenmark Pharmaceuticals Limited, Andhra Paper Limited, House of Anita Dongre Limited, CARE Ratings Limited and Geometric Limited, over the past 15 years. He was awarded the ‘ICAI Awards 2011 in CFO-FMCG sector’ by the Institute of Chartered Accountants of India in 2011 and the ‘Best Performing CFO Award’ in FMCG & retail sector by CNBC-TV18 in 2012. He was inducted into the “CFO India Hall of Fame” by the CFO India magazine in 2013