Corporate Governance
The Motto of Thyrocare Management is to provide Responsible Leadership and Effective Corporate Governance, and to maximize the enterprise value of the Company for the benefit of all stakeholders.
Composition of our Board of Directors and various Committees meets with the requirements enumerated in Companies Act, 2013 and SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.
COMPOSITION OF BOARD OF DIRECTORS
- Dr. A. Velumani - CHAIRMAN AND MANAGING DIRECTOR
Dr. A. Velumani
Chairman and Managing Director
He is a BSc in Chemistry from the University of Madras and has an MSc in Biochemistry from the University of Bombay and a PhD in Thyroid Physiology from the University of Bombay. He has over 35 years of experience in diagnostics Research and Business. After 15 years of experience in Thyroid Biochemistry Research at the Bhabha Atomic Research Centre – BARC Mumbai, He started Thyrocare in 1995. Using a unique business model in a focused Biochemistry back end laboratory, he has built an organization which got listed in National Stock Exchange of India Limited & BSE Limited in May 2016, with a stellar oversubscription of 75.40 times. He is also MD of Nueclear Healthcare Limited, which is a Radiology vertical, that focuses on Cyclotrons and PET-CT for diagnosing and monitoring in Oncology.
- Mr. A. Sundararaju - EXECUTIVE DIRECTOR & CFO
Mr. A. Sundararaju
Brother of Dr. A. Velumani
He is an Executive Director and Chief Financial Officer of our Company. He is a graduate in law from the University of Bombay. He has over 18 years of experience in finance, legal and administrative activities. He is also the promoter Director of Thyrocare and continues to remain as CFO of the Company. Since inception, he oversees Accounts, Finance, Legal, Administrative and Franchisee management.
- Mr. Gopalkrishna Shivaram Hegde - INDEPENDENT DIRECTOR
Mr. Gopalkrishna Shivaram Hegde
Independent Director
He is a graduate in law from the University of Bombay. He has more than 20 years of experience in the legal profession. He was appointed on our Board as an Independent Director on August 21, 2014.
- Mr. Vishwas Kulkarni - INDEPENDENT DIRECTOR
Mr. Vishwas Kulkarni
Independent Director
He is a graduate in commerce and a graduate in law from University of Bombay. He has more than 20 years of experience in the legal profession. He was appointed on our Board as an Independent Director on August 21, 2014.
- Dr. Neetin Desai - INDEPENDENT DIRECTOR
Dr. Neetin Desai
Independent Director
He is a graduate in science from Rajaram College, Shivaji University and a postgraduate in science from Shivaji University. He has also attained a doctorate degree in Philosophy from Shivaji University. He was previously associated with D.Y. Patil University, Belapur, Navi Mumbai as Professor in the Department of Biotechnology and Bioinformatics. He is currently employed with Amity University, Mumbai. He was appointed on our Board as an Independent Director on September 20, 2014.
- Miss. Amruta Velumani - NON-EXECUTIVE DIRECTOR
Miss. Amruta Velumani
Daughter of Dr. A. Velumani
She is a Non-Executive Director of our Company. She is also currently pursuing master’s degree in science from ITM University. She was appointed as a Non-Executive Director on February 22, 2016 subsequent to the sudden and unfortunate demise of Mrs. Sumathi Velumani (wife of Dr Velumani), who remained as backbone of the company’s growth.
- Dr. Indumati Gopinathan - NON-EXECUTIVE DIRECTOR
Dr. Indumati GopinathanIndependent Director
Dr. Indumati Gopinathan is a reputed pathologist, having got her post graduation degree (M.D.) in Pathology. She is a leading commentator on Tele-pathology. She is a healthcare columnist for The Times of India, and for Health Care Express, a leading weekly healthcare publication by the Indian Express group. She is a committee Member of Practising Pathologists of India. Through Rotary, she has participated in numerous vocational training teams and community service outreach programmes nationally and internationally.
The Board of Directors has two Executive Directors and five Non-Executive Directors.
Independent Directors constitute more than one-half of the Board of Directors.
The Board has two woman directors including one Independent Director.