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A dedicated and diverse leadership
Morarka Finance Limited boardroom consists of people who have carved a niche in the industry in which the company operates. They bring with them a wealth of experience, exceptional abilities, professional wisdom and innovation. A perfect blend of experience, youthful vigour and enthusiasm; the MFL boardroom has been the guiding force behind the successes of the company in a highly competitive financial market. They are responsible to shareholders for the management of the company
and the protection of our assets.
Mr. Gautam R. Morarka (Chairman):
Mr. Gautam R. Morarka is the younger son of Late Shri Radheshyam R. Morarka, an eminent parliamentarian for over two decades. Mr. G. R. Morarka is a Commerce graduate from Bombay University and has also done ICWA (Inter) from the Institute of Cost and Works Accountants of India.
In April, 1988, he was appointed as the President in the family run M/s. Pampasar Distillery Limited (‘PDL’) and within a year he was elevated to the post of Managing Director. During his tenure as President and then as Managing Director of PDL, the Company witnessed good growth. In 1991, PDL also made a successful maiden public Issue of Equity Shares. In view of decontrol of molasses and very strong competition from major players, Mr. G. R. Morarka disinvested his controlling interest in PDL during 1993 in favour of M/s. Shaw Wallace & Co., and invested the sale proceeds in setting up Dwarikesh Sugar Industries Limited. Mr. G. R. Morarka set up Dwarikesh Sugar Industries Limited, in the year 1993-94.
He is Chairman & Managing Director of Dwarikesh Sugar Industries Limited , and Director in Dwarikesh Trading Company Ltd., Dwarikesh
Informatics Ltd, Dwarikesh Agriculture Research Institute (S. 25 Company)
and Faridpur Sugars Limited.. Further, he is member of Governing body of Motilal Nehru National Institute of Technology, Indian Council of Agricultural Research and National Institute of Technical and Industrial Engineering.
 Mr. S.H. Nevatia (Director): Mr Sudhir H Nevatia is a Commerce Graduate & a member of The Institute of Chartered Accountants of India .He has rich & varied experience of the Accountancy profession .
Mr. B.J. Maheshwari (Director): Mr. Maheshwari graduated with Honours from Bombay University and is a fellow member of the Institute of Chartered Accountants of India and the Institute of Company Secretaries of India. He has an experience of over
27 years in various capacities.
Shri Vijay S. Banka: Shri Vijay S Banka has been inducted on the Board w.e.f. 29th September,2011 .He has more than
26 years of experience in handling Finance, Accounts and Treasury Functions. He holds professional degree as a Chartered Accountant.
Ms. Priyanka G. Morarka (Director): Ms. Priyanka is a daughter of Mr G R Morarka , the key promoter of the
Company. Ms Priyanka has completed her BMS.
Mr Hemal Kumar Shah has been inducted as a Company Secretary w.e.f.May 1,2009 in the Company.
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- Basic stock market tip: One mistake that most novices make when the stock market prices are high is that these prices would continue to rise. However, this is a wrong view, since the stock market can fluctuate greatly at any time.
- Buy when prices are low: One of the best stock market tips and one that the successful people have followed is to buy stocks when their prices are low and wait until the prices rise. You should try to fix up a reasonable and practical income target.
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Curtsey: stockmarketsoup.com
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