Board of Directors and Committees

haji-abdul-razak-j-allana
Late Haji Abdul Razak J Allana

Visionary & Path Setter

IVP Limited (IVP) is a publicly listed company founded in 1929. The company is recognized as a pioneer of Foundry Chemicals in India since 1965 and supplies a full range of Polymer Binders and Coatings to leading foundries in India. In addition to Foundry Chemicals, the company also produces Polymer Resins for various applications such as insulation, composites, refractory lining, footwear, and lamination adhesives, etc.


Board of Directors

Mr. T. K. Gowrishankar
Chairperson- Non-Executive Non-Independent Director

Mr. T. K. Gowrishankar, a Commerce Graduate and a qualified Chartered Accountant, embarked on his career as a Consultant with M/s. A. F. Ferguson & Co., Chartered Accountants. His corporate journey includes roles such as Management Accountant at the Swedish multinational Sandvik Asia Limited, Corporate VP - Finance and Planning at Wipro Limited, Executive Director at Emirates Industrial and Trading Co. Limited, UAE, and subsequently as Group Director in the multinational Allana Group. With over 48 years of Corporate Management experience and expertise in India and abroad, Mr. Gowrishankar brings a wealth of knowledge to his role.

Mr. Mandar Joshi
Whole Time Director and CEO

Mr. Mandar Joshi assumed the role of Chief Executive Officer at the Company on 11th August 2015 and was subsequently appointed as Whole Time Director & Chief Executive Officer on 1st August 2016. He holds a B. Tech in Chemical Engineering from IIT Mumbai and an MMM (Marketing) from JBIMS, Mumbai University. With over 27 years of experience in the Chemical Industry, Mr. Joshi's journey began as a management trainee at Gharda Chemicals in 1995. He later joined the BASF Group in Ludwigshafen, Germany, in 1996, where he contributed for 5 years. Upon returning to India, he held various roles in different BASF group companies, showcasing his expertise in technical, commercial, and leadership functions, including positions such as Site Manufacturing Director and Business Director Polyurethanes.

Mr. Ranjeev Lodha
Non Executive Independent Director

Mr. Ranjeev Lodha, a Member of the Institute of Chartered Accountants of India and The Institute of Certified Management Accountants, Australia, holds a Post Graduate Diploma in Management of Business Finance (MBF) from the Indian Institute of Finance, Delhi. With a wealth of over 32 years of experience in Corporate Finance, his expertise spans Mergers and Divestments, Financial Reporting and Consolidation, Treasury, Controlling, ERP system implementation, strategic finance, and investor relations. Mr. Lodha has held diverse roles at prominent entities, including Tata Chemicals Limited, Mahindra and Mahindra Limited, and Huhtamaki India Limited.

Ms. Mala Todarwal
Non-Executive Independent Director

Ms. Mala Todarwal is a fellow member of the Institute of Chartered Accountants of India and has been a practising Chartered Accountant since 2009. Additionally, she is a member of the Bombay Chartered Accountants Society. Commencing her career at Deloitte, Ms. Todarwal currently serves as an active partner at M/s. Arun Todarwal & Associates LLP.

Mr. Anwar Husain Chauhan
Non-Executive and Non-Independent Director

Mr. Anwar Husain Chauhan is a Commerce Graduate from Mumbai University and a qualified Chartered Accountant from the Institute of Chartered Accountants of India. His professional journey commenced as an Audit Manager with N.M. Raiji, after which he dedicated over 32 years to the Multinational Allana Group.

Mr. Pratik Kadakia
Non-Executive Independent Director (Additional)

Mr. Pratik Kadakia has a B. Tech (Metallurgical Engineering) degree from IIT Bombay and a MMS degree from NMIMS, University of Mumbai. Since his post-graduation he has over worked in the chemicals and materials industry with several reputed organizations such as Dow Corning, Tata Group, etc. in senior leadership roles with his last being the Head for Composites Solutions business at Reliance Industries Ltd. In April 2022, Pratik founded and continues to run his own strategy consulting firm SSASM Consulting, serving clients in the chemical and materials industry for growth and performance improvement.

Audit Committee

Mr. Ranjeev Lodha (Chairperson)
Ms. Mala Todarwal
Mr. Anwar Chauhan

Nomination and Remuneration Committee

Mr. Ranjeev Lodha (Chairperson)
Mr. T. K. Gowrishankar
Ms. Mala Todarwal

CSR Committee

Ms. Mala Todarwal (Chairperson)
Mr. T. K. Gowrishankar
Mr. Mandar Joshi

Stakeholders Relationship Committee

Ms. Mala Todarwal (Chairperson)
Mr. T. K. Gowrishankar
Mr. Mandar Joshi