Board of Directors

Harsh Mohan Gupta

Executive Chairman

Harsh Mohan Gupta is the Promoter Director of the Company since its inception in 1994. He also took over as Executive Vice Chairman of the Company in May 1996. He became the Executive Chairman on and from 1st February, 2001. He brings vast experience spanning more than three decades across many sectors such as commerce and industry. He has been associated, in his individual capacity, with many global businesses. He was the honorary consul of the Republic of Chad in India. He has held multiple (elected, nominated or conferred) leadership positions in various committees. He was appointed a member of executive committee with FICCI. He believes in ‘Responsible Business’ philosophy which entails a balanced approach to economic growth, social progress and environmental stewardship. He is an avid reader, well-travelled and possesses an extensive knowledge of tea and aerospace & defence.

Rishab Mohan Gupta

Whole Time Director

Rishab Mohan Gupta is part of the promotor group and has been associated with the Company since January, 2008. He graduated from Suffolk University, Boston, USA. He took reins as Executive Vice President in 2015 and has been actively involved in the business of aviation products and services as well as in international business development for the aerospace division. He carries considerable responsibilities in the Company, and is involved in Strategy and Policy making at the corporate level. It is his mission to ensure that Rossell delivers on commitments and applies excellence in execution.

Krishan Katyal

Independent Director

Krishan Katyal is an Independent Director of the Company. He is a commerce graduate from St. Xavier’s College, Kolkata and has over four decades of experience in the Tea Industry. He superannuated as the Chairman of J. Thomas & Company Private Limited, the oldest and largest tea auction firm in the world. He is a professional tea taster and auctioneer, specialized in Darjeeling and premium quality Assam Orthodox and CTC. He has been an ambassador for Indian Tea, having conducted generic tea promotions at various international venues from 2001 onwards on behalf of the Tea Board of India, ITA, DTA & UPASI. He was appointed as a member of the Tea Advisory Committee by the Ministry of Commerce from 2004 to 2006. He is a member on Committees of Tea Research Association, CTTA and GTAC. He is also a member of the North Indian Tea Council constituted by the Tea Board of India. He has been a Special Invitee to Tea Board of India. He is a speaker/ presenter at several international Tea Conventions and Conferences. He is a member of the Audit Committee, Nomination and Remuneration Committee, Chairman of the Stakeholders Relationship Committee, Member of the Audit committee and member of the Nomination and Remuneration Committee of the Company.

Ajai Shukla

Independent Director

Colonel Ajai Shukla (Retired), is an Independent Director of the Company. He finished his schooling from The Lawrence School, Sanawar, Shimla in 1975, and joined the National Defence Academy, Khadakwasla. During his stint at the NDA, he graduated from Jawaharlal Nehru University. He has two master’s degrees- from Madras University and from King’s College, London, UK- where he specialised in war studies. Before taking up journalism in 2001, he worked as a combat soldier for over two decades, serving multiple tenures in Jammu & Kashmir, Nagaland, Manipur, Arunachal Pradesh, Punjab and Rajasthan. He was also deputed with the UN Peacekeeping Mission in Mozambique. In 2001, he opted for premature retirement after commanding a prestigious armoured regiment, Hodson’s Horse. At present he works as Consulting Editor (Strategic Affairs), with the daily business newspaper, Business Standard. He writes on strategic affairs, defence policy, budgeting and procurement, force structuring and India’s defence economy and defence technology. He also writes for international publications, including The New York Times, The Wall Street Journal, Guardian, South China Morning Post and professional journals like the London-based Royal United Services Institute (RUSI) journal. He speaks at various forums and establishments, including the War Colleges of the army, navy and air force. He is chairman cum member of the Corporate Social Responsibility committee and a member of the nomination and remuneration committee of the company.

Rahul Bhatnagar

Independent Director

Rahul Bhatnagar is an Independent Director of the Company. He did his graduation in economics from St. Stephen’s College, Delhi and MBA from the Wharton School, University of Pennsylvania, USA. He is an Associate Member of the Institute of Chartered Accountants of India. Mr. Bhatnagar has over four decades of extensive, global experience spread across diverse industries in the fields of Business Strategy and Execution, Financial Management and Controls, M&A, Taxation, Treasury, Marketing Intelligence etc. He has served in the capacity of CFO and Finance Controller in various multinational Companies like Nestle, PepsiCo, Seagram, etc. His last assignment was with Bharti Enterprises Ltd as the Managing Director and Group CFO. Mr. Bhatnagar is Chairman cum member of the Audit Committee and member of the corporate social responsibility committee of the company.

Nayantara Palchoudhuri

Non-Executive Independent Director

Nayantara Palchoudhuri, is an Independent Director of the Company. She is a fourth generation Tea Planter with more than two decades of experience in successful operation and management of family owned Washabarie Tea Co. Ltd. She is currently serving as the Honorary Consul for Norway in the Eastern Region, looking after trade development and Consular matters. She was honoured with the prestigious King’s Order of Merit for her outstanding services to strengthen the relationship between India and Norway.
Ms. Palchoudhuri obtained her M. Phil from the London School of Economics & Political Science (LSE) and was the recipient of Metcalfe Scholarship. She was awarded the Gold Medal and National Scholarship by the Jadavpur University. She was Calcutta University Senate Member. At present, she is Executive Council Member of Netaji Subhas Open University. She had the privilege of becoming the first Lady President of the 120-year old Bengal National Chamber of Commerce and Industry (BNCCI). At present, she is Member, Executive Committee, Indian Chamber of Commerce (ICC) and Member, National Executive committee of FICCI. Ms. Palchoudhuri is socially very active and is a Past Governor of Rotary International District 3291. She is a member of leading Social Clubs in Kolkata- Bengal Club, Calcutta Club (First Lady Member), The Royal Calcutta Golf Club- Prima Donna, and Tollygunge Club Limited- one of the most prestigious country clubs in India, where she was inducted in the General Committee. Ms. Palchoudhuri was awarded the “Banga Samman”, and the “Nari Samman Award”, and the FICCI 2008 “Woman Achiever Award.” With her business acumen, she has been part of many leading international business delegations to South and South East Asia.

Ms. Palchoudhuri is a Chairman cum member of Nomination and Remuneration committee, member of the Audit Committee, and member of the stakeholder relationship committee of the company.

Mr. N. K. Khurana

Director (Finance) And Company Secretary

Is the Director (Finance) and Company Secretary of the Company. He has 37 years of professional experience in the field of Finance and Corporate Affairs. He is a Commerce as well as Law Graduate from the University of Calcutta. He is Fellow Member of all the three premier professional Indian institutes’ viz. the Institute of Chartered Accountants of India, the Institute of Company Secretaries of India and the Institute of Cost Accountants of India. He was the Associate Member of the Institute of chartered secretaries and administrators, U.K. as well as the Chartered Institute of Management Accountants, U.K. (since resigned). He has been associated with the Company since its inception in 1994 as Company Secretary-cum-Finance Manager and thereafter in various positions as Head of Finance and Company Secretary. He is the Chairman of the Finance Committee of Indian Tea Association as well as the Tea Research Association for the last few years. Mr. Khurana is a Member of the Stakeholders’ Relationship Committee, CSR Committee and Risk Management Committee of the Board of Directors of the Company.

Committees of the Board

Audit Committee

Mr. Rahul Bhatnagar Non-Executive-Independent Chairman
Mr. Krishan Katyal Non-Executive-Independent Member
Ms. Nayantara Palchoudhuri Non-Executive-Independent Member

Nomination and Remuneration Committee

Ms. Nayantara Palchoudhuri Non-Executive-Independent Chairman
Ms. Nayantara Palchoudhuri Non-Executive-Independent Member
Mr. Ajai Shukla Non-Executive-Independent Member

Stakeholder's Committee

Mr. Krishan Katyal Non-Executive-Independent Chairman
Ms. Nayantara Palchoudhuri Non-Executive-Independent Member
Mr. N.K. Khurana Director (Finance) Member

Corporate Social Responsibility (CSR) Committee

Mr. Ajai Shukla Non-Executive-Independent Chairman
Mr. Rahul Bhatnagar Non-Executive-Independent Member
Mr. N.K. Khurana Director (Finance) Member

Code of conduct

As applicable to Directors and Senior Management Staff

  • The Directors and Senior Management Staff of Rossell India Limited (‘the Company’) are expected to use their best endeavors and organize the resources available in such a manner so as to optimize their use for attainment of the objectives of the Company.
  • They shall not misuse their Offices for any personal gains.
  • They should not do anything for their personal gain, on the basis of unpublished information, gathered or possessed by them while discharging their duties for the Company.
  • They shall ensure compliance of applicable laws relating to the Company.
  • They should maintain the confidentiality of all price-sensitive-information and must not pass on such information directly or indirectly by way of making recommendation for the purchase / sale of shares of the Company.
  • They shall ensure confidentiality of information which may come to their knowledge in the course of Official duties.
  • They shall make full disclosures of their personal interest, if any, in the activities of the Company.
  • They should not misrepresent or give misleading information in respect of business, financial data, operating results etc. of the Company.
  • They shall desist from all such activities, which may be in conflict with the interests of the Company.
  • They shall ensure safety and protection of the Company’s assets including its resources viz. men, materials and machines.
  • They should maintain their moral integrity, ethics, honesty and other attributes acceptable to the Society at large while discharging their duties and responsibilities as may be delegated by the Company.
  • In case of an Independent Director, he shall further be obliged to abide by the Code for Independent Directors as laid down in Schedule IV read with Section 149(8) of the Companies Act, 2013.

Terms and Conditions of appointment of Independent Directors