Board of Directors

Mr. Jayesh Merchant

Independent Director

Mr. Jayesh Merchant is on the board of the Company since August 2020.

Mr Merchant has held several leadership positions in various reputed companies such as Asian Paints, UTV Software Communications, ION Exchange India and Castrol. He last held the position as CFO and Company Secretary, President – Industrial JVs of Asian Paints.

Mr. Merchant is a Director of Tata Investment Corporation Limited, Voltas Limited, Kotak Mahindra Trustee Company Limited, Lenskart Solutions Limited and Nexus Select Mall Management Private Limited.

Mr. Merchant is a member of the Institute of Chartered Accountants of India (ICAI) and the Institute of Company Secretaries of India (ICSI). He is Bachelor of Commerce and Bachelor of Law from Mumbai University.

Mr. Ravneet Singh Gill

Independent Director

Mr. Ravneet Gill is on the Board of the Company since December 2021.

Mr Gill has extensive banking experience across structured financing, foreign exchange, transaction banking, risk management and private banking. He has served as the Managing Director & CEO of Yes Bank during 2019-2020. Prior to joining Yes Bank, Mr. Gill was the Chief Executive Officer of Deutsche Bank in India and was also a member of Deutsche Bank AG’s Asia Pacific Executive Committee since July 2012.

Mr. Gill is a Director in New Horizons Esports Private Limited, New Horizons Alliance Private Limited, Big Bang Esports Private Limited, Big Bang Mediaverse Private Limited, Digivax Gametohealth Private Limited and Collective Artists Network India Private Limited.

Mr. Gill holds a Master’s degree from Hindu College, Delhi University.

Ms. Hema Ravichandar

Independent Director

Ms. Hema Ravichandar is on the Board of the Company since December 2021.

Ms Hema has a strong professional track record as a Strategic HR Advisor with extensive industry experience advising several Indian and multinational corporations. Until 2005 she was the Senior Vice-President and Global Head of Human Resources for Infosys Technologies Limited.

Ms. Ravichandar is a Director in Bosch Limited, Indian Hotels Company Limited and Feedback Business Consulting Services Private Limited.

Ms. Hema is an alumnus of the Indian Institute of Management, Ahmedabad.

Ms. Kiran Mazumdar Shaw

Independent Director

Ms. Kiran is on the Board of the Company since April 2024.

Ms. Kiran Mazumdar Shaw is a pioneering biotech entrepreneur, a healthcare visionary, a global influencer, and a passionate philanthropist. She is a founder of Biocon.

She is the proud recipient of two of India's highest civilian honours, the Padma Shri (1989) and the Padma Bhushan (2005). She has also been honoured with the Order of Australia (2020), Australia's highest civilian honour and Knight of the Legion of Honour (2016), the highest French civilian distinction. She has been conferred with the EY World Entrepreneur of the Year™ 2020 Award, which is a testimony to her entrepreneurial journey of over four decades.

She holds B.Sc. in Zoology Hons. from Bangalore University and Post-Graduate Diploma, Malting and Brewing from Ballarat Institute of Advanced Education, Melbourne, Australia. She also holds honorary doctorates from several prestigious universities including Deakin University, Victoria, Australia; Heriot-Watt University, Edinburgh, UK; Ballarat University, Australia; Presidency University, Kolkata, India; Bennett University, Greater Noida, India etc.

Ms. Shaw is an Executive Chairperson of Biocon Limited and Biocon Biologics Limited. She holds a position as a Non- Executive Chairperson of Syngene International Limited. She is a Director in several Indian public companies like Narayana Hrudayalaya Limited, Biocon Pharma Limited, Biocon Biosphere Limited. She is on the Board of Indian private companies like Mazumdar Shaw Medical Foundation, Biocon Academy, Immuneel Therapeutics Private Limited, CSEP Research Foundation and Science Gallery Bengaluru. She is also a Director in foreign companies like PureTech Health, USA, Neo Biocon FZ LLC, Biocon FZ LLC, Biocon SA, Biocon SDN BHD, Biocon Pharma UK Limited, Biocon Pharma Inc., Biocon Pharma Ireland Limited, Bicara Therapeutics Inc, Lincoln Center, Glentec International and Biocon Generics Inc.

Mr. Bahram Vakil

Non-Executive, Non-Independent Director

Mr. Bahram N. Vakil is a Co-founder of AZB & Partners and is amongst India’s foremost restructuring, bankruptcy, infrastructure and project finance attorneys. He is an LLM from the Columbia University and is dually qualified to practice law in India and New York.

He is also considered as the most reputed restructuring lawyer in the country by leading publications. As part of his restructuring and bankruptcy experience, Mr. Vakil has advised several distressed funds, insolvency professionals, domestic and international banks, including the large stressed accounts referred to insolvency resolution by the RBI.

He has also served on various high–level government committees on financial reform, foreign direct investment and securities market reform.

He is a Director in public limited companies like BASF India Limited and Vice Chairman – Independent Director of Tata Investment Corporation Limited. He is on the Board of Indian private companies like Grameen Capital India Private Limited, Inarco Private Limited, Cashpor Financial and Technical Services Private Limited, Eversource Capital Private Limited and Kaleidofin Private Limited. He is also a Director in Not- for-profit Companies like Indian Council on Global Relations, Centre for Advancement of Philanthropy, Cashpor Micro Credit, World Monuments Fund India Association, Aayushya Foundation, Raintree Foundation (India), Vidhi Centre For Legal Policy and Jayalakshmi Vilas Mansion Museum and Cultural Forum.

Mr. P. Venkatesalu

Managing Director

Mr. P. Venkatesalu has been appointed as the Managing Director of the Company in October 2024. Prior to that, he held the position of Executive Director and Chief Executive Officer.

Mr P. Venkatesalu joined Trent in 2008 and has been with the Company for over 15 years and continues to pioneer Trent’s successful journey from strength to strength.

Prior to Trent, he was associated with Tata Administrative Services since 2001 and was formerly with Tata Sons Limited as a part of the Group Finance team.

Mr. P. Venkatesalu holds Master’s in Management from Symbiosis (SIIB) Pune and CFA from ICFAI and is an alumni of Harvard Business School (Advanced Management Programme).

Mr. Venkatesalu is a Director in Inditex Trent Retail Private Limited, Massimo Dutti India Private Limited, Nahar Retail Trading Services Limited, Fiora Online Limited and Trent Foundation. He is a Nominee Director in Trent Hypermarket Private Limited, Booker India Limited and Trent MAS Fashion Private Limited.

Ms. Kalpana Merchant

Independent Director

Ms. Kalpana Merchant has over 45 years of experience in the legal profession. She has significant experience in dealing with the commercial property matters. Her experience also spans diverse practice areas, including infrastructure, project finance and banking, dispute resolution, capital markets, and mergers and acquisitions, including joint ventures.

She has been associated with, and has been a partner at, Kanga & Co., AZB & Partners and Jerome Merchant + Partners. She is the Director of Hitech Corporation Limited and TreBits Investment Management Private Limited

She holds a Bachelor of Laws (LL.B.) degree and a Bachelor of Arts degree with a major in Psychology and is a qualified solicitor.

Mr. Rajiv Dube

Non-Executive, Non-Independent Director

Mr. Rajiv Dube is an Indian industry veteran with over 40 years of multi-sector experience, having served at the highest echelons of two Indian conglomerates - Tata and Aditya Birla.

An engineer and a post-graduate in Business Management, he began his career on the shop floor of Tata Motors and rose to be President of its car business before joining the group board of the Aditya Birla group as an executive director, on which he remained for nearly nine years. He has served on several other Indian and foreign boards in various capacities over 25 years and brings deep insights in corporate governance, management and transformation of businesses as varied as auto, metals, mining, power and renewables, cement, trading, textiles, retail and financial services.

An avid sustainability champion, he was an alternate Council Member of the World Business Council for Sustainable Development (WBCSD) Geneva and has been active on several industry bodies. Currently, Mr. Dube is an Independent Director on Boards, an advisory board member and professor of practice at the Deakin Business School, Melbourne and a senior advisor to firms in India and Australia.

He also serves on the boards of Tata Investment Corporation Limited, Tata Chemicals Limited, Tata International Limited, Simto Investment Company Limited, Tata Chemicals North America, Tata Africa Holding (South Africa) Pte. Limited, Axium Global Pty. Limited (Australia), Alluvium International Pty. Limited(Australia), Alluvium Holdings Pty. Limited and Magic Bus India Foundation (Section 8 Company) and on the advisory board of certain institutes