Board of Directors

Mr. Rishabh Agarwal

  • Non-Executive Chairman at Responsive Industries Limited.
  • Managing Director of Axiom Cordages Limited (Subsidiary Company)
  • Qualifications :
    • BSC graduate from Carnegie Mellon University, Pittsburgh, PA in the fields of Mechanical Engineering and Business Administration.
  • Experience :
    • More than 10 Years of experience in complete value chain of the vinyl flooring business
    • One years’ of experience with CRA International strategy consultants in Boston, MA
    • His experience spans sales, marketing, production, finance, strategy and human resources
  • Role :
    • Responsible for strategically aligning the business towards a growth trajectory by focusing on improving sales infrastructure, upgrading marketing message, streamlining finance activities and focusing on human resources
    • Visualises the overall business strategy
    • Provides the inspiration and guidance behind product development in line with evolving requirements and aspirations of clients across the world
    • Focuses on widening the customer base, quality enhancement, technology upgradation and innovation, improving efficiency and performance
    • Leverages his global business insight and enduring relationships with multiple clients to strengthen the visibility of the RIL and Axiom brands globally
    • His vision has transformed RIL and Axiom into a rapidly growing globally acclaimed enterprise over the last decade, winning several accreditation

Ms. Bhumika Jain

  • Independent Non-Executive Director at Responsive Industries Limited
  • Independent Non-Executive Director at Axiom Cordages Limited
  • Qualifications :
    • LLB from University of Mumbai
    • B.Com from SIES, Mumbai University
  • Experience :
    • She began her career with M/s. Dinesh Tiwari & Associates, Advocates, High Court. She is having professional exposure in Legal field with an experience of 5 years.
    • Her work experience includes representing clients before various forums such as High Court, City Civil Court, Consumer Court, and Session Court.
    • She is assisting Senior Advocates, Counsel and Solicitors by preparing case papers, giving citation in various legal proceedings and doing legal researches.
    • She is handling legal matters of the Corporate and Non Corporates and providing legal opinion to the Clients on their going suits.
  • Other Directorships/Partnership :
    • She is a co-founder of Regal Legal LLP.

Ms. Jyoti Rai

  • Independent Non-Executive Director at Responsive Industries Limited
  • Independent Non-Executive Director at Axiom Cordages Limited (Subsidiary Company)
  • Qualifications :
    • Bachelor of Science
    • Post Graduate Diploma in Business Management
  • Experience :
    • In 2015 , she became India’s Youngest Independent Director on the Board of a listed company
    • She is having more than 20 years of experience in Indian Financial markets and have extensive experience in Marketing and Strategies across segments
    • Presently heading “Alternate Channel of Sales & Alliance with Edelweiss Prime Services” and works with partners of investment universe such as law firms, Tax firms, Prime brokers, Global depositors , Global Custodians , Fund Administrators etc. across key geographies like Asia , EU , UK and US
    • She is working closely with policy contributors on developing effective regulations around IFSC | FPIs| AIFs and create visibility around same with the help of exchanges and channel partners
    • She served several managerial and subsequently leadership position in the past and worked with some of the leading companies like Reliance Nippon AMC , Thomson Reuters, AIG asset management , MCX, SBI-Soc Gen Custodial Services. In addition, she also consulted one of the world’s marquee name in the branding - COPlus in her past assignment in Denmark
    • She was invited by Dr. Raguram Rajan to be part of his team that worked on “The structure Quasi Sovereign and Sovereign issuance by Government backed institutions”- what we call Masala bonds today.
    • In one of her previous roles she was an active member of the working group for “Committee on rationalization of investment routes and monitoring for foreign portfolio investments” of SEBI
    • She has contributed to several white papers, that were tabled in G20 summit which were subjected as “Asymmetric Demography, Growth, and Global Financial Governance” on Indian Economy
    • She has been speaker on several national level conferences and speaks regularly at MBA institutes like MIT Pune.
  • Other Directorship :
    • Edelweiss Securities (IFSC) Limited

Mr. Rajiv Kumar Bakshi

  • Independent Non-Executive Director at Responsive Industries Limited
  • Qualifications :
    • M.Sc from Meerut University
    • CAIIB from Indian Institute of Bankers
    • Diploma in Bank Management from Indian Institute of Bankers
  • Experience :
    • Experienced professional in diverse fields of banking including Branch management, Credit, Business Planning & Development, Treasury, International Banking, Business Process Re-engineering and leadership and higher management roles
    • He worked overseas in Bank of India, first at London, and later at Singapore, including as Chief Executive of Singapore operations
    • Served as Executive Director of Bank of Baroda, Chairman of its Kenya and Tanzania subsidiaries, and as a Director on its Zambian Joint Venture
    • After super annuation he worked as a Govt. appointed trustee on Stressed Assets Stabilization Fund (SASF) of IDBI.
    • He also worked as Member of Reserve Bank of India Services Board for 5 years, the term for which ended on 31 August 2018.
  • Other Directorship :
    • NR Agarwal Industries Ltd
    • Regency Healthcare Ltd
    • W.H.Brady & Co Ltd
    • A.K. Capital Finance Private Ltd

Mr. Mehul Vala

  • Chief Executive Officer and Whole Time Director of the Company
  • Qualifications :
    • Electrical engineer graduate from MS University, Baroda, Gujarat.
  • Experience :
    • Mr. Vala is an experienced professional with more than 20 years in consulting top corporates on finance, strategy, operations, resource management, communications and overall management.
    • He has a thorough understanding of industry norms, financial structures, and business structures and has the necessary experience to navigate an organization towards operational and business excellence.
  • Role :
    • Communicating, on behalf of the company, with shareholders, government entities, and the public.
    • Leading the development of the company’s short- and long-term strategy.
    • Creating and implementing the company or organization’s vision and mission.
    • Maintaining awareness of the market competitiveness, expansion opportunities, industry developments, etc.
    • Assessing risks to the company and ensuring they are monitored and minimized.
    • Setting strategic goals and making sure they are measurable and describable.

Mr. Mrunal Shetty

  • Chief Financial Officer and Executive Director of the Company
  • Qualifications :
    • Chartered Accountant from the Institute of Chartered Accountants of India.
  • Experience :
    • Chartered Accountant having an experienced of more than 10 years in finance and auditing.
    • He is consulting many corporates on finance, strategy, and auditing. He has a thorough understanding of financial structures.
    • Through his long years of experience in finance, he is an expert to read, interpret, and present financial statements to the Board of Directors and safeguard the Company’s overall financial health.
  • Role :
    • Responsibility for managing the company's finances, including  financial planning, management of financial risks, record-keeping, and financial reporting.
    • Directly assists the  Chief Operating Officer  (COO) on all strategic and tactical matters relating to budget management, cost–benefit analysis, forecasting needs, and securing of new funding.
    • Acts as a strategic partner for CEO in shaping the strategies for the company.
    • Data analysis to support decision making process./