About Us

Dr. Bina Modi is the Chairperson and Managing Director for Indofil Industries Limited. She also serves as a member of the CSR Committee which oversees the social responsibility of the Company. She also plays a key role in aligning the core leadership team towards the Group’s goals. In her larger role, she is the Chairperson of Modi Enterprises.

A successful entrepreneur herself, Dr. Bina Modi has founded and built several renowned brands; her Bina Fashions has a global market, and Ego Specialty Restaurant Chain, Dessange Salon and Beacon Travels are prominent in their respective industries.

Dr. Bina Modi has been awarded the “Women of the Decade in Business & Leadership 2018” by Women Economic Forum, been conferred with the prestigious Achiever’s Award in 2019 and has also featured on ‘India’s Most Powerful Women’, a book by Prem Ahluwalia.

Ms. Charu Modi is a leading businesswoman and an eminent educationist.  Along with being the Executive Director of Indofil Industries, she is also the Promotor and Shareholder for Modi Enterprises – K.K. Modi Group. Her continuous focus is on sustainable value-creation for all stakeholders in all the Group’s businesses.  She plays a pivotal role by bringing her long-term vision and strategy to the company’s domestic and international businesses.  Ms. Charu Modi is also actively committed to the company’s core value of protecting the health and safety of the employees and creating sustainable business practices by guiding the Company’s Environment, Health, and Safety (EHS) Management. Her contributions are key to Indofil’s growth, profitability, and long-term success.

She also leads the Group’s education business. As the Co-Founder and Chancellor of KK Modi University, she brings more than 20 years of experience to the table, moulding future leaders through skill upgradation and creating affordable education pathways for all - be it working professionals or individuals.

Mr. Samir Modi, son of Mr. K. K. Modi, has been crucial in conceptualising, strategising, establishing and running new businesses of the Group. A Graduate from Hindu College, Delhi University and an alumnus of the famed Harvard Business School, USA, Mr. Modi's strength lies in his extensive leadership and management experience, coupled with excellent analytical and interpersonal skills. His new philosophy of management, innovative strategy and lateral thinking help him catalysing new groundbreaking ideas for successful profit-making ventures.

He was instrumental in starting India's first Network Marketing Company - Modicare, marketing Consumer Products. He also is the brain behind India's first of-its-kind Convenience Store - Twenty Four Seven Retail Stores that are open 24 hours, 7 days a week, throughout the year.

He has been a part of the following institutions:

• Member - Executive Committee of Federation of Indian Chamber of Commerce and Industry (FICCI)
• Prominent Member - Retailers' Association of India
• Life Member - All India Management Association (AIMA)

Moreover, he also actively campaigns for the cause of HIV/AIDS, and has established the Modicare Foundation to prevent the spread of AIDS, enhance awareness and dispel myths and misconceptions.

Ms. Aliya Modi, grand daughter of Mr. K. K. Modi has graduated from Brandeis University located in Waltham. Massachusetts, USA. She holds a degree in Bachelor of Arts, major, in Art History, Criticism and Conservation. Given her international qualification, experience and credentials, the Board is confident that it will help Indofil enhance its international market. She joined the Board on March 18, 2016.

Mr. M. N. Thakkar is a practising Chartered Accountant since 1967 and was the Senior Partner of M/s. N. M. Raiji & Co., Chartered Accountants, Mumbai. He has a wealth of experience in handling accounting, auditing and management consultancy matters of large corporate clients in diversified sectors. He occupies the following prestigious positions:

•    Director - Samkrg Pistons & Rings Limited
•    Director - Banglore Softsell Limited

Mr. Mayur Maheshwari, IAS, took charge as Managing Director of UPSIDC and was nominated by UPSIDC as Director on the Board of Company. Mr. Mayur Maheshwari has rich and varied experience in diverse areas including administration and management of large corporations, which will be useful for the company and its business.

Mr. S. Lakshminarayanan has over 36 years of service in the Indian Government. He holds Master's degrees in Science in Chemistry and has a Postgraduate Diploma from University of Manchester (the U.K.) in Advanced Social and Economic Studies. Mr. Lakshminarayanan is a member of the Indian Administrative Service (retired) and has held several senior positions in the Ministry of Home Affairs, Ministry of Communications and Information Technology, Ministry of Information and Broadcasting of the Government of India and in the Department of Tourism, Culture and Public Relations, Department of Mines, Mineral Resources, Revenue and Relief and Rehabilitation of the Government of Madhya Pradesh.

His last assignment with the Government was as the Secretary in the Union Ministry of Home Affairs. During his tenure with the Government of India, he had travelled extensively all over the world. He has served as Vice-Chairman in UNESCO's Communication Development Program in Paris for five years. He was also awarded the Honorary of Doctorate Degree by Forode Federaciones, Mexico, in March 2008. At present. Mr. Lakshminarayanan holds the following positions:

• Chairman - Shriram Transport Finance Co. Ltd.
• Independent Director - Shriram Life Insurance Co. Ltd.
• Independent Director - Shriram Automall India Ltd.
• Member - Board of Trustees of Lilavati Hospital and Research Centre. Mumbai
• Member - Advisory Board of Hughes Communication India Ltd.
• Member - Advisory Board of NXP Semiconductors Pvt. Ltd.
• Director - Corporate Affairs, SUN Group
• Chairman - ELCOM Group

Dr. Atchutuni L. Rao, Director of IIS Business, brings 39 years of invaluable experience in the Chemical industry. With 11 years dedicated to Indofil and 19 years in pivotal roles at Clarient Chemicals (India) Limited and Clarient International, including Technical Manager, General Manager Production, Vice President, and Head of the Roha plant, Dr. Rao's expertise is unparalleled.

His academic journey is equally impressive, with a bachelor’s degree in Chemical Technology from UDCT, Mumbai, an M. Tech Degree from IIT, Delhi, and a Ph.D. in Chemistry from South Gujarat University. Dr. Rao also honed his leadership skills at Harvard Business School's Advanced Management Program in the USA.

Dr. Rao joined our Board on March 18, 2016, and his extensive industry experience, academic achievements, and unwavering commitment to excellence continue to drive our organization's success.

We are fortunate to have Dr. Atchutuni L. Rao as a valuable member of our team, and we eagerly anticipate the growth and success his leadership will bring to Indofil.