Executive Profile

Vimal M. Bhandari CA Managing Director, Chief Executive Officer and Director, Indostar Capital Finance Pvt. Ltd.

Age	Total Calculated Compensation	This person is connected to 10 Board Members in 10 different organizations across 16 different industries. See Board Relationships
54	--

Background

Mr. Vimal M. Bhandari, CA serves as the Managing Director and Chief Executive Officer of Indostar Capital Finance Pvt. Ltd. Mr. Bhandari has over 25 years of experience. He served as the Functional Head of the Financial Services business of IL&FS Ltd and served as its Country Head of AEGON N.V. and served as its Country Manager of India since June 2004. He served for 17 years at IL&FS Ltd. He has been an Independent Director of iGATE Computer Systems Limited (alternate ... name, Patni Computer Systems Ltd.) since January 15, 2010. Mr. Bhandari serves as a Director of Indostar Capital Finance Pvt. Ltd., IL&FS Asset Management Company Ltd., IL&FS Investment Managers Ltd., IL&FS Infrastructure Development Corporation Ltd., Investsmart India Ltd., Bhoruka Power Corporation Ltd., JL Morrison (India) Ltd., Hero Corporate Services Ltd., and Domino's Pizza India Ltd. He has been Additional Director at Bharat Forge Limited since February 8, 2013. He has been a Director at Bayer CropScience Ltd. since July 1, 2008; The Ratnakar Bank Ltd. since September 14, 2010 and DCM Shriram Consolidated Limited since May 13, 2003. He has been a Whole Time Director at Bhandari Udhyog Ltd. since April 1, 2009. He has been an Independent Non Executive Director at Kalpataru Power Transmission Limited since June 28, 2002. He has been an Independent & Non Executive Director of Mirc Electronics Limited since May 16, 2001. He has been an Independent Director of Piramal Glass Limited since March 9, 2011. Mr. Bhandari served as an Executive Director of IL&FS Securities Services Ltd. He served as a Director of Eveready Industries India Limited from February 1, 2006 to December 19, 2012. He served as a Director at Hindustan Oil Exploration Co. Ltd. from 1995 to January 2006. He served as a Director of Cosmo Films Limited from February 14, 2003 to July 25, 2008 and Hoec Bardahl India Limited, a subsidiary of Hindustan Oil Exploration Co. Ltd. He is a Member of The National Council on Corporate Governance of CII. He serves as Member of Advisory Committee at National Stock Exchange of India Ltd. He was a Member of the F&O Committee of NSE and a Member of SEBI committee on policy initiatives for venture capital business. He is a popular social worker in Raichur and associated with charitable and educational institutions. He serves on the National Council of Chambers of Commerce. Mr. Bhandari has wide experience in developing new financial products for corporate sector. He has worked on a possible scheme for the privatization of government owned public sector undertakings by seeking the participation of investors through the mode of capital markets. He has wide knowledge and experience in the field of finance and accounts. Mr. Bhandari is a Chartered Accountant from the Institute of Chartered Accountants of India, New Delhi and has a Bachelor of Commerce from Sydenham College, affiliated to the University of Mumbai. He attended Advanced Management Programs at the International Institute of Management, Lausanne, Switzerland as a part of his continuing professional education.

Corporate Headquarters One Indiabulls Center Mumbai, Maharashtra 400013 India Phone: 91 22 4315 7000 Fax: -- Board Members Memberships Former Director IL&FS Securities Services Ltd. Managing Director, Chief Executive Officer and Director Indostar Capital Finance Pvt. Ltd. 1995-2006 Former Non-Executive Director and Director of Hoec Bardahl India Limited Hindustan Oil Exploration Company Limited 2001-Present Independent & Non Executive Director, Chairman of Audit Committee and Member of Remuneration Committee MIRC Electronics Limited 2002-Present Independent Non Executive Director, Member of Audit Committee and Member of Nomination & Compensation Committee Kalpataru Power Transmission Limited 2003-Present Independent Non-Executive Director DCM Shriram Consolidated Ltd. 2003-2008 Former Independent Non Executive Director, Member of Finance Committee and Member of Strategy & Operations Review Committee Cosmo Films Limited 2006-2012 Former Independent Director Eveready Industries India Limited 2008-Present Non Executive Independent Director, Chairman of Remuneration Committee and Member of Audit Committee Bayer CropScience Limited 2009-Present Whole Time Director and Chairman of Shareholders/Investors Grievance Committee R K B Agro Industries Limited 2010-Present Independent Director, Chairman of Compensation & Remuneration Committee, Member of Audit Committee, Member of Nominating & Governance Committee and Member of Shareholders/Investors Grievance Committee iGATE Computer Systems Limited 2010-Present Director, Chairman of Audit Committee, Member of Risk Management Committee, Member of Board Credit Committee and Member of Human Resource / Remuneration Committee The Ratnakar Bank Ltd. 2011-Present Independent Director, Chairman of Audit Committee and Chairman of Nomination & Remuneration Committee Piramal Glass Limited 2013-Present Additional Director Bharat Forge Limited Education Bachelor's Degree University of Mumbai Unknown/Other Education International Institute Of Management In Glion-sur-montreux Switzerland Other Affiliations Piramal Glass Limited AEGON N.V. Eveready Industries India Limited Hindustan Oil Exploration Company Limited Bharat Forge Limited DCM Shriram Consolidated Ltd. iGATE Computer Systems Limited University of Mumbai MIRC Electronics Limited Bayer CropScience Limited Kalpataru Power Transmission Limited Cosmo Films Limited R K B Agro Industries Limited International Institute Of Management In Glion-sur-montreux Switzerland National Stock Exchange of India Ltd. Sydenham College of Commerce and Economics The Ratnakar Bank Ltd. IL&FS Securities Services Ltd.

Annual Compensation There is no Annual Compensation data available. Stocks Options There is no Stock Options data available. Total Compensation There is no Total Compensation data available.

COMPETITOR COMPENSATION

There is no Competitor Compensation data available.