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BEML announces appointment of 3 Independent Directors on its Board

Siva Makutam, Arun Daga and Vikas Ramkrishna Kakatkar have been appointed as the Independent Directors on the board of BEML Limited
BEML announces appointment of 3 Independent Directors on its Board
BEML announces appointment of 3 Independent Directors on its Board

New Delhi: BEML Limited has announced the appointment of three Independent Directors on the board of the company. "Siva Makutam, Arun Daga and Vikas Ramkrishna Kakatkar have been appointed on the board of the company with effect from December 24, 2021", BEML said in a regulatory filing to the stock exchanges on Friday.

Here are brief profiles of the newly appointed Independent Directors

Siva Makutam

Makutam is graduated from BITS, Pilani in Electrical & Electronics Engineering (2001). He is a top-notch professional in the area of semiconductor electronics and IT for the last 20 years and has great experience right from specifications to silicon and product. He is currently serving as Sr Director in a Chip Design MNC. He also worked as Principal Consultant to the Department of IT Electronics & Communications, Govt. of Andhra Pradesh during 2017-18. He is currently focused on ‘Make in India’ and the adoption of next-generation technologies to enable the related ecosystem.

Arun Daga

Daga is a fellow member of the Institute of Chartered Accountants of India (ICAI). He is a Master of Commerce and also holds DISA and DIRM (ICAI) diploma and certification course of Forensics audit, valuation and concurrent audit from ICAI. Daga is a solution-oriented Chartered Accountant with 27 plus years of strong experience and knowledge in companies, taxation, financial reporting and accounting. He has served in various capacities in the Gwalior Branch of ICAI and was elected as Chairman during 2003-2004. He is also serving as an Internal Auditor, Statutory Auditor, Management Auditor, Concurrent Auditor and Revenue Auditor of various Banks and Public Companies. He has participated as a speaker in various seminars, study circle meetings organised by Gwalior & Jhansi branch of ICAI, Training programs of IT, GST departments and AG Office Gwalior. He also composed several articles, write-up in newsletters & magazines issued by the Gwalior Branch of ICAI. He is the Nominee Director on the Board of NHDC Limited, Bhopal.

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Vikas Ramkrishna Kakatkar

Kakatkar is a Bachelor of Arts (Hons.), Bachelor of Law and MBA from the University of Pune. He worked as Marketing Officer with Kirloskar Consultants Pvt Ltd, Pune & Stratfield Systems (Coating) Pvt. Ltd, Pune from 1979-1981. Since 1982, he has been working in the business of construction for residential and commercial buildings in Pune. He is associated as the Management Consultant with Perfect Machine Tools Limited and its group companies. He is also one of the Founder Directors of Jai Hospitals Private Limited, Nashik. He is associated with many banking, educational and social institutions for the upliftment of society. Since 2001, he is associated with the Deccan Education Society and during this period he is instrumental in setting up new institutions and colleges including the setting up of a new campus and Institute in Andhra Pradesh and also entered into collaborations with various International Universities. In April 2008, he was elected as Managing Committee member with Maharashtra Cricket Association (MCA) and rose to the level of President from October 2019. From 2011, he is a Management Committee member with the Society of Friends of the Sassoon Hospitals, Pune (SOFOSH) which works for orphan children from all sections of the society and also helps and supports the relatives of the needy patients admitted to the hospital.

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