gayatri projects limited - Edelweiss

GAYATRI PROJECTS LIMITEDBrief Details of the DirectorsMs T. Indira Subbarami ReddyFor details please refer to page 78 relating to “Our Promoters”Mr. T. V. Sandeep Kumar ReddyFor details please refer to page 78 relating to “Our Promoters”Mr. J. Brij Mohan Reddy, is an Engineering Graduate from Berkley University in U.S.A. He has specialized in HarbourEngineering (i.e., construction of break waters, piers, wharf walls, jetties etc.), RCC structures, Steel structures and Highwayprojects. He joined as Vice Chairman of our Company in the year 1989. He is responsible for construction of the entirefisheries harbor at Chennai and major portion of mechanized ORE-handling project for Chennai Port Trust.Mr. G. Siva Kumar Reddy, is a Post Graduate in Commerce. Over the years he has gained experience in the field of civilconstruction, both in the execution and management areas. Under his guidance we have completed Upper Krishna Projectinvolving huge quantities of excavation and mass concreting. He is into the hospitality Industry and is running Grand KakatiyaHotel & Towers, a Five Star Hotel in the City of Hyderabad, Andhra Pradesh.Mr. C Hari Vittal Rao is a CAIIB with an experience of 43 years as a banker with Bank of Baroda and also worked as a fulltime advisor and responsible officer for running of the Naandi Foundation, an autonomous foundation for the developmentof Andhra Pradesh. In Bank of Baroda, he achieved Silver Shield Award for outstanding performance and for depositmobilization for 10 consecutive years, Special Silver Award and The Illustrious Banker Award. After retirement in the year1999 he is working on Non-Performing Assets (NPAs) recovery project, Reducing Sick units in Banking Industry and itsrevival and research on self-help groups.Dr. V L Moorthy, aged about 69 years is a Master in Science and a Doctorate in Philosophy in the field of Pure Chemistryfrom University of Calcutta. He has experience of 37 years in the fields of paper and Pulp industry and visited many countriesfor project work and operations. He worked with pulp & paper Companies like ITC Bhadrachalam Paper Board in India andabroad.Mr. Ravindra K. Katariya is a practicing Chartered Accountant and Managing Director of Superfine Extrusions Private Limited,Superfine Photo Company Private Limited and Superfine Colour Labs Private Limited. He has knowledge in the field oftaxation and audit matters. He is Financial Advisor of Videocon Group and on behalf of Videocon group has been appointedas Nominee Director on board of our Company. He has knowledge of Aluminium Industries, wind power project, digitalphoto colour labs and is managing Superfine group’s business activities.Mr. S M A A Jinnah is a Bachelor of Engineering in Civil, from Andhra University, Andhra Pradesh and a Master in StructuralEngineering from Indian Institute of Sciences, Bangalore. He is a fellow member of Institute of Engineers and former Chairmanof Board of Chief Engineers, Govt. of Andhra Pradesh. He has experience of 26 years in the filed of Engineering with AndhraPradesh Engineering Service, Ministry of Transport and Ministry of Water Resources. He worked as a Professor on Civil andStructural Engineering in University of Engineering, Osmania University for 5 years. He retired as Engineer in Chief of IrrigationDepartment of Andhra Pradesh in the year 2000.Dr. Archana Niranjan Hingorani aged 40 years, is MBA and Ph.D in Finance from the University of Pittsburgh, USA. She isthe Chief Operating Officer at IL&FS Investment Managers Limited and responsile for various private equity transactions.She has been with IL&FS Group for the last 13 years and has now over 20 years of experience in the financial servicessector.Borrowing powers of the DirectorsPursuant to a resolution dated January 7, 2005 passed by our shareholders in an extra-ordinary general meeting, inaccordance with the provisions of the Companies Act, our Board has been authorized to borrow money for the purposes ofthe Company upon such terms and conditions and with / without security as the Board of Directors may think fit, provided thatthe money or monies to be borrowed together with the monies already borrowed by the Company (apart from the temporaryloans obtained from the Company’s bankers in the ordinary course of business) shall not exceed, at any time, a sum of Rs.100,000 lakhs.72