CORPORATE GOVERNANCE

The Company's philosophy of Corporate Governance is aimed at maximizing the shareholders' interest and protection of the interest of other stakeholders. The Company aims to achieve this through proper & full disclosure of material facts and achievement of the highest levels of transparency, accountability and equity in all facets of its operations.

Over the years, we have strengthened governance practices. These practices define the way business is conducted and value is generated. Stakeholders' interests are taken into account, before making any business decision.

We believe, Corporate Governance is not just a destination, but a journey to constantly improve sustainable value creation. It is an upward-moving target that we collectively strive towards achieving. Our multiple initiatives towards maintaining the highest standards of governance are detailed in the following pages.

Pursuant to Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations") the Company has executed fresh Listing Agreements with the Stock Exchanges.

The Company is in compliance with the requirements stipulated under Clause 49 of the Listing Agreements and regulation 17 to 27 read with Schedule V and clauses (b) to (i) of sub-regulation (2) of regulation 46 of SEBI Listing Regulations, as applicable, with regard to corporate governance.

Board Of Directors

Listed in alphabetical order
  • Jangoo DalalNon-Executive & Independent Director

    Jangoo Dalal is an IT Industry veteran and has wide ranging experience throughout India, SAARC and Asia-Pacific, and was based out of Mumbai, Bangalore and Singapore, at different times, through his career.

    Among others, he held the position of President- India and SAARC at Cisco, one of the leading Networking Companies in the world. Later, he was the Managing Director of D-link India Limited, a diversified listed company, in the areas of Manufacturing and Distribution of Networking Products and PC components and subsystems. He was also the President – India & SAARC at Avaya India Pvt. Ltd. Currently he is the Co-founder and CEO at insightGURU.com and also works as an independent management consultant and mentor, with a few select companies.

    Shuva MandalNon-Executive & Independent

    Shuva Mandal, is a lawyer with more than 19 years of practice. He is the Managing Partner in Fox Mandal & Associates, and practices in Corporate Commercial Group. Most importantly, Shuva is the fourth generation of G. C. Mandal, co-founder of Fox Mandal (established 1896). He is a partner of the firm since 1996 and presently heads the entire South India operations of the firm.

    Mandal's practice includes Inbound Investment to India including strategy, corporate governance, corporate finance including M&A, Joint Ventures, disposal of private companies, private equity & securities transaction, public offerings of debt and equity securities. He holds an LLB from the University of Calcutta and has also attended M&A Program at The Wharton School, University of Pennsylvania.

  • Manhar MandaliyaNon - Executive & Independent Director

    Manhar Mandaliya is a Commerce Graduate and a Lawyer. He is also a Fellow member of the Institute of Chartered Accountants of India.

    Manhar Mandaliya has over 30 years of experience in the said domain and Auditing, Taxation, Management Consultancy Services, Financial Consultancy Services, Business Advisory Services are his areas of specialization.

    Manhar Mandaliya has also been a Financial Advisor to large corporate groups in India. He has also served as President of Rotary Club of Mumbai Kandivli West in the Centennial Year (2004-05) of Rotary. He is also actively involved in Rotary activities in Rotary District 3140.

    Sujay R. ShethChairman - Non-Executive & Independent

    Sujay R. Sheth holds a Bachelor's degree in Commerce from the Bombay University. He is also a Fellow member of the Institute of Chartered Accountants of India. Currently, Sheth is the Managing Partner of J. K. Doshi & Co., Chartered Accountants, a reputed firm of Chartered Accountants, established in 1955.

    Sheth's areas of experience are Finance and Accounting, with deep knowledge of direct taxes, corporate laws and significant experience in the fields of transaction advisory, pre-acquisition studies, corporate governance, assurance, valuation and direct taxation. He is involved in audit, taxation, attestation and assurance functions of a wide selection of Indian and multi-national clients.

  • Sanjeev VermaWhole Time Director

    Sanjeev has spent over 6 years with AGC and has contributed significantly to the stability of AGC’s international operations in the last 18 months. His international stint has created the required stability for AGC's overseas business and the operations are now profitable. Sanjeev has successfully delivered on the key drivers of AGC's international footprint namely organic growth and inorganic acquisitions. Prior to this Sanjeev has been responsible for AGC's India operations.

    Sanjeev is a technology veteran with over 21 years of extensive global experience in the ICT domain. He has a highly successful track record in diverse set of management and leadership roles in the areas of business operations, sales & marketing, consulting, M&A and start up operations globally.

    He is a visionary with a deep understanding of diverse geographies aptly reflective in his Glocal strategy of 'Think Global Act Local'.

    In his previous role as President, AGC Networks, he has been a significant asset to the company's roadmap in India and its expansion onto foreign shores.

    Prior to joining AGC, Sanjeev has contributed to the progress and establishment of a leading global technology giant in India. During that tenure he led from the front all the business development initiatives and helped drive multi fold growth in sales and profitability.

    Earlier, Sanjeev has held senior management roles in India and overseas and used his entrepreneurial and leadership skills to play an instrumental role in successfully starting up and running companies.

    Sujaya BanerjeeNon-Independent & Non-Executive

    Dr. Sujaya Banerjee has been a Human Resources professional for over 24 years and has transformed the HR functions in several leading organizations during her career.

    She is a passionate HR professional having set up world class Performance and Talent Management programs through her assignments at ADNOC and as Head of HR of Lowe Lintas and Partners and Director HR of British Gas. Sujaya has also been listed among the Top 40 HR professionals in Asia ,has won the Youth Icon Award for 2009 and the Contribution to HR Community Award awarded by the Government of Malaysia in 2012, besides winning several International accolades like the Learning Elite Award – CLO USA, Learning in Practice Award – CLO USA, Best Project Implementation in Asia- Success Factors (2011), Best Business Adoption Award- Success Factors (2011) and the SAP Ace Award 2013 for leading the implementation of the world-class Success Factors Human Capital Management Suite at a Corporate Group.

    She has presented White Papers and chaired Conferences around the world at GE’s John F. Welch Leadership Center (Crotonville), at the CLO Summit-Harvard Business School, ASTD Denver Conference 2012, SkillSoft Perspectives Florida and Success Connect Sydney. She also chairs the Emerging Markets HR Summit in the UK every year. Sujaya is a sought after Speaker and Thought Leader and has been a regular contributor to the Human Capital Magazine, Perfect Professional and several other Business, HR/Learning publications.

    Sujaya is the author of the much acclaimed ‘SWITCH-How 12 Indian Companies Managed Change Successfully’ – a Bloomsbury publication and is on the Advisory Council of Global Council of Corporate Universities Paris, an SHRM Subject Matter Expert for the SHRM Knowledge Centre and more recently the Founder of the Asia Woman Leadership Forum.

    Sujaya has been featured on the Leadership Development Channel USA, Bizpunditz – a digital library of Indian Thought Leaders, has been a TEDx speaker and also leads the Learning & OD Roundtable- a forum for Practitioners with a worldwide membership of over 5800 Learning & OD professionals.

Key Management Personnel

Listed in alphabetical order
  • Angshu SenguptaChief Financial Officer

    As Chief Financial Officer at AGC Networks Limited, Angshu is responsible for further enhancement of AGC's corporate governance an...  d financial controls. His focus will be on financial operations while leading the company's engagement with customers, vendors, investor community and the market at large.
    Angshu has over two decades of extensive experience in Finance, Operations and Transformation driving initiatives and processes to bring excellence in financial performance and operational efficiencies.
    He is a qualified Chartered Accountant and has worked with organizations like GE Lighting, Dactus International, GE Capital International Services, GE Healthcare, Trinity (A Willis Subsidiary), CFC India and Vodafone India to name a few. His last assignment was with Tata Consultancy Services and he was designated as Vice President & Delivery Leader.
    Angshu brings with him a global perspective and diverse business experience. His expertise lies in the fields of Financial Planning & Analysis, Business Expansion and Start-ups, Funding and Working Capital Management.

  • Pratik Bhanushali Company Secretary

    Pratik Bhanushali is a Company Secretary and Law Graduate having more than 9 years experience in the field. He also holds an MBA degree...  in Finance. Corporate Governance, Listing Compliance and Compliance under other Corporate Laws are his forte.

  • Sanjeev VermaWhole Time Director

    Sanjeev has spent over 6 years with AGC and has contributed significantly to the stability of AGC's international operations in the last...  18 months. His international stint has created the required stability for AGC's overseas business and the operations are now profitable. Sanjeev has successfully delivered on the key drivers of AGC's international footprint namely organic growth and inorganic acquisitions. Prior to this Sanjeev has been responsible for AGC's India operations.
    Sanjeev is a technology veteran with over 21 years of extensive global experience in the ICT domain. He has a highly successful track record in diverse set of management and leadership roles in the areas of business operations, sales & marketing, consulting, M&A and start up operations globally.
    He is a visionary with a deep understanding of diverse geographies aptly reflective in his Glocal strategy of 'Think Global Act Local'.
    In his previous role as President, AGC Networks, he has been a significant asset to the company's roadmap in India and its expansion onto foreign shores.
    Prior to joining AGC, Sanjeev has contributed to the progress and establishment of a leading global technology giant in India. During that tenure he led from the front all the business development initiatives and helped drive multi fold growth in sales and profitability. Earlier, Sanjeev has held senior management roles in India and overseas and used his entrepreneurial and leadership skills to play an instrumental role in successfully starting up and running companies
    Angshu brings with him a global perspective and diverse business experience. His expertise lies in the fields of Financial Planning & Analysis, Business Expansion and Start-ups, Funding and Working Capital Management.

Committees:

Audit Committee Sujay R. Sheth (Chairman), Manhar Mandaliya, Shuva Mandal
Stakeholders Relationship Committee Sujay R. Sheth (Chairman), Sanjeev Verma
Ethics and Compliance Committee Shuva Mandal (Chairman), Sujay R. Sheth
Nomination and Remuneration Committee Shuva Mandal (Chairman), Sujay R. Sheth, Manhar Mandaliya
Executive Committee Sanjeev Verma (Chairman), Angshu Sengupta, Animesh Shrivastava, Atul Khatavkar
Corporate Social Responsibility Committee Sujay R. Sheth (Chairman), Shuva Mandal, Sanjeev Verma
Risk Management Committee Sujay R. Sheth (Chairman), Sanjeev Verma, Angshu Sengupta
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