Board of Directors and Committees

Board of Directors and Management Team

board-meeting-image
BOARD MEMBER
DESIGNATION
Mr. Vikkas Bansal (DIN: 00441630)
Chairman & Managing Director
Mr. Tarun Jain (DIN: 09199801)
Executive Director
Sushil (DIN: 07194474)
Non-Executive Independent Director
Mr. Maneesh Gupta (DIN: 00129254)
Non-Executive Independent Director
Ms. Sathi Kundu (DIN: 10837461)
Non-Executive Independent Director

AUDIT COMMITTEE

Name of Committee Member
Designation
Category
Mr. Sushil Aggarwal
Chairperson
Non-Executive Independent Director
Mr. Maneesh Gupta
Member
Non-Executive Independent Director
Mr. Vikkas Bansal
Member
Chairperson & Managing Director

NOMINATION & REMUNERATION COMMITTEE

Name of Committee Member
Designation
Category
Mr. Sushil Aggarwal
Chairperson
Non-Executive Independent Director
Mr. Maneesh Gupta
Member
Non-Executive Independent Director
Ms. Sathi Kundu
Member
Woman Independent Director (Non-Executive)

RISK MANAGEMENT COMMITTEE

Name of Committee Member
Designation
Category
Mr. Tarun Jain
Chairperson
Executive Director
Mr. Maneesh Gupta
Member
Non-Executive Independent Director
Ms. Priyanka
Member
Chief Financial Officer

STAKEHOLDER RELATIONSHIP COMMITTEE

Name of Committee Member
Designation
Category
Ms. Sathi Kundu
Chairperson
Woman Independent Director (Non-Executive)
Mr. Maneesh Gupta
Member
Non-Executive Independent Director
Mr. Tarun Jain
Member
Executive Director

About Company

Classic Filaments Ltd. was incorporated and established as a Private Limited Company in the name and style of V.Natwarlal Synthetics Private Limited. The name of the Company was changed from V.Natwarlal Synthetics Private Limited to Classic Filaments Private Limited on 10.09.1993.

The company was subsequently converted into a Public Limited Company vide the Board Resolution dated 21.01.1995 and a fresh certificate was obtained on 15.02.1995 in the name of Classic Filaments Limited.

Core values and Principles

The Company is engaged in the business of wholesalers in textiles. Innovation in this field will become the key to our success. India is a leading player in the textile industry and we want to take that leadership ahead through our commercial contribution. We value our human resources and want to consider them as contributors to our business.

Profile Board of Directors

Chairman & Managing Director

Mr. Vikkas Bansal, having completed his secondary education, stands as a stalwart in the die casting industry with over twenty-five years of extensive experience. His journey reflects a deep-rooted understanding of industrial processes, material sciences, and production efficiencies. Over the decades, Mr. Bansal has successfully steered multiple ventures, ensuring they remain resilient and adaptable in the face of rapidly evolving market conditions. His leadership has been marked by modernization initiatives that have kept businesses competitive and forward-looking.
Known for his strategic foresight, he has consistently emphasized innovation and operational excellence, making him a respected figure in the industrial sector. His entrepreneurial spirit and ability to navigate complex challenges have contributed significantly to the growth and sustainability of the organizations under his stewardship.

Executive Director

Mr. Tarun Jain brings with him a rich background in fashion and apparel, having completed a certificate program in fashion design and clothing technology from the prestigious National Institute of Fashion Technology, New Delhi. With over twenty years of experience in the clothing and garments industry, he has established himself as a dynamic businessman with a keen eye for trends and market shifts. His expertise spans the entire spectrum of apparel and fashion, from design and production to retail and distribution.
Mr. Jain is widely recognized for his entrepreneurial acumen and his ability to anticipate and respond to the challenges of the garment business. His contributions have been instrumental in shaping strategies that align with consumer preferences and industry demands, thereby driving sustainable growth and innovation in the fashion sector.

Non-Executive Independent Director

Mr. Sushil is a distinguished practicing advocate with over 22 years of experience in the legal profession. He primarily practices at the High Court of Delhi, National Company Law Tribunal, and National Company Law Appellate Tribunal. His career reflects a broad spectrum of expertise across industries, with more than 12 years dedicated to the real estate sector. A qualified Company Secretary, Mr. Sushil has successfully managed numerous assignments in legal and corporate restructuring. His proficiency extends to incorporation of companies, mergers and acquisitions, drafting of schemes, and preparation of real estate documents. He has represented a wide array of companies in matters concerning civil law, capital markets, FERA, commercial and corporate law before the Supreme Court, various High Courts, NCLT, NCLAT, consumer forums, and other regulatory and appellate authorities. His vast experience and legal acumen make him a valuable asset in guiding corporate governance and compliance.

Non-Executive Independent Director

Mr. Maneesh Gupta is a Fellow member of the Institute of Company Secretaries of India, bringing with him more than 32 years of post-qualification experience. His career is distinguished by a profound expertise in company law, SEBI regulations, securities law, and foreign exchange laws. Mr. Gupta has played a pivotal role in numerous corporate restructuring initiatives, including takeovers of listed and unlisted companies. His extensive experience encompasses listing of companies on stock exchanges, preparation of documentation, and drafting of red herring prospectuses. His deep knowledge of regulatory frameworks and his ability to navigate complex legal landscapes have made him a trusted advisor in matters of corporate compliance and governance. Mr. Gupta’s contributions have consistently reinforced transparency, accountability, and strategic growth within the organizations he has been associated with.
He has also served as an Independent Director on the boards of listed companies, bringing with him a wealth of governance experience and a strong track record in corporate law and compliance.

Non-Executive Independent Director

Ms. Sathi Kundu holds dual degrees in Bachelor of Arts and Bachelor of Law from the University of Calcutta. With more than 15 years of experience in the legal field, she has built a reputation for her meticulous handling of litigations and petitions. Her career reflects a commitment to upholding transparency and integrity within organizations. Ms. Kundu’s expertise in legal matters is expected to significantly contribute to strengthening governance frameworks and ensuring compliance with statutory requirements. Her balanced approach to legal challenges and her ability to provide practical solutions make her a respected professional in the legal fraternity. Through her role as an Independent Director, she continues to bring valuable insights that enhance organizational credibility and stakeholder trust.
She has served as an Independent Director on the boards of listed companies, contributing her deep regulatory knowledge and strengthening governance frameworks across diverse sectors.

Classic Filaments Ltd was incorporated as a Private Limited Company in the name and style of V.Natwarlal Synthetics Private Limited. The name was changed to Classic Filaments Private Limited on 10.09.1993.

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