Karamtara Engineering Limited

Composition of Board

At Karamtara, our success is powered by a team of innovative thinkers at every level of the organization. We are committed to hiring individuals with an entrepreneurial mindset who drive action and creativity. Our leadership team brings extensive expertise, enabling us to scale our business globally and reach new heights.

Tanveer Singh

Chairman and Managing Director

Tanveer Singh is one of the Promoters and the Chairman and Managing Director of our Company, and has been associated with our Company since incorporation. He holds a master’s degree in business administration from the University of Manchester, United Kingdom. He has 28 years of experience in the manufacturing sector and is also associated as a director with Entrepreneurs Organization Mumbai, Iselfa Morsetteria S.R.L., Italy, Karamtara Agrotech Private Limited, Karamtara Financial Services Private Limited and Karamtara Reality Private Limited. He is responsible for leading strategic expansion initiatives, overseeing product innovation, optimizing factory operations, and driving manufacturing excellence and automation.

Rajiv Singh

Joint Managing Director

Rajiv Singh is one of the Promoters and the Joint Managing Director of our Company, and has been associated with our Company since incorporation. He holds a bachelor’s degree in commerce from the University of Bombay and a master’s degree in business administration from the European University, Switzerland. He has 28 years of experience in the manufacturing sector and is also associated as a director with Karamtara Agrotech Private Limited, Karamtara Financial Services Private Limited, Karamtara Italy S.R.L., Karamtara Reality Private Limited, Karamtara Renewables Saudi Limited and Karamtara USA INC. He is responsible for directing the Company’s global growth strategy in the renewable energy sector, overseeing team initiatives, and supporting corporate decision-making for operational performance.

Sunil Rustagi

Whole-Time Director & CEO

Sunil Kumar Rustagi is the Whole-time Director and Chief Executive Officer of our Company, and has been associated with our Company since 2011. He holds a bachelor’s degree in commerce from the University of Calcutta. He is a fellow member of the Institute of Chartered Accountants of India, an associate member of the Institute of Cost Accountants of India, an associate member of the Institute of Company Secretaries of India, and a certified public accountant from the State Board of Accountancy of the state of Delaware, United States of America. He has 32 years of industry experience, with expertise in corporate strategy, mergers and acquisitions, business development and corporate finance, and is currently responsible for overseeing overall Company management leading commercial negotiations and strategic partnerships, and managing finance, accounting, and taxation functions of the Company. He is also associated as a director with Karamtara Italy S.R.L., Karamtara Renewables Saudi Limited and Karamtara USA INC. He was previously associated with M/s Rustagi & Co, Unitech Prefab Limited and Emco Limited.

Shreyans Shah

Whole-Time Director

Shreyans Jitendra Shah is the Whole-time Director of our Company, and has been associated with our Company since 2013. He holds a bachelor’s degree in commerce from the University of Mumbai. He has 26 years of experience in the manufacturing sector. He was previously associated as a partner with M/s Riviera Fashions, and prior to their amalgamation into our Company, as a director with our erstwhile wholly-owned subsidiaries, Sunder Rolling Mills Private Limited and Karamtara Steel Private Limited. He is responsible for managing international sales and marketing, driving business development activities, and monitoring project execution.

Tilokchand Punamchand Ostwal

Independent Director

Tilokchand Punamchand Ostwal is an Independent Director of our Company, and has been associated with our Company since 2025. He is an associate member of the Institute of Chartered Accountants of India, and a member of the United Nations sub-committee on transfer pricing. He has 41 years of experience in accounting and finance, and is associated as a senior partner with M/s Ostwal Desai & Kothari, M/s T.P. Ostwal & Associates LLP and M/s DTS & Associates LLP. He is also associated as a director with Divinion Advisory Services Private Limited, ITI Mutual Fund Trustee Private Limited, Mankind Pharma Limited, Polycab India Limited and Supremus Lower Parel Premises Private Limited.

Irina Garg

Independent Director

Irina Garg is an Independent Director of our Company, and has been associated with our Company since 2025. She holds a master’s degree of arts in psychology from the University of Lucknow. She is also associated as a director with Sangam (India) Limited. She has 35 years of experience with the Indian Revenue Services, and was superannuated as the Principal Chief Commissioner of Income Tax, Jaipur, Rajasthan.

Shailesh Kumar Mishra

Independent Director

Shailesh Kumar Mishra is an Independent Director of our Company, and has been associated with our Company since 2025. He holds a bachelor’s degree of engineering in electrical engineering from the Maulana Azad College of Technology, Bhopal. He has 38 years of experience in the energy sector, and is also associated as a director with Gna Energy Private Limited, Ingro Energy Private Limited, Quality Power Electrical Equipments Limited, Techno Electric & Engineering Company Limited and Websol Energy System Limited. He was previously associated with the Power Grid Corporation of India Limited and the Solar Energy Corporation of India Limited.

Avnish Bajaj

Independent Director

Avnish Bajaj is an Independent Director of our Company, and has been associated with our Company since 2025. He holds a bachelor’s degree of technology in computer science and engineering from the Indian Institute of Technology, Kanpur and a master’s degree of science in computer sciences from the University of Wisconsin, Madison. He also holds a master’s in business administration from Harvard University, Cambridge, where he was elected as a George F. Baker scholar. He has 19 years of experience in venture capital, and is also associated as a founding member and managing director with Z47 (formerly Matrix Partners India), and as a director with ANI Technologies Private Limited, Matrix India Asset Advisors Private Limited and Practo Pte. Ltd (Singapore).

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