Organizational Setup

   Registered Office and Corporate Office:

   Key Executives:

   Board of Directors:

   Profile of Non-Executive Directors:

1. Mr. K.Thanu Pillai, B.Com., CAIIB, M.B.A., is a retired banking professional who has served State Bank Group for about 35 years and retired as Managing Director of State Bank of Hyderabad. He is an independent Director on the Board of Directors of the Company and is the Chairman of the company. Mr. Thanu Pillai is a Director on several other companies with rich experience in commercial banking and financial management.

2. Mr. Khaja Ruknuddin, B.A., LL.B., CAIIB., is an independent Director on the Board of Directors of the Company. Shri Ruknuddin had his entire career with State Bank of India and held senior positions including overseas assignments before retiring as its Dy. Managing Director. He was former Chairman of Banking Service Recruitment Board. He has rich experience in commercial banking, human resources and financial management.

3. Mr. Syed Anis Hussain had his entire career in Reserve Bank of India and retired as its ‘Executive Director’ in the year 1998. He also served as Banking Ombudsman for Andhra Pradesh for over three years.  Mr. Hussain is an M.A.(Econ), C.A.I.I.B., with specializations in Banking-specialized in currency management, Urban Co-operative banking and administration. Earlier he was on the Boards of i) Bharatiya Reserve Bank Note Mudran Private Limited, 2) Indian Immunologicals Limited and 3) RBI nominee Director on the Boards of three Nationalised banks Viz; Andhra Bank, United Bank of India and Indian Bank. At present he is a director on the boards of a few other companies.

4. Mr. S.N Rao, Director is a Mechanical Engineer by profession. He has gained wide experience from working with several leading companies in the Iron &Steel and Chemical industries. He has been with the company for about 13 years as Executive Director (Works) and recently retired from whole time director and is now functioning as an independent and professional director. He has contributed significantly to improve the operational efficiency of the company by constantly endeavoring to improve capacity utilisation and reduction in inputs and input costs.

Profile of Executive Directors:

1. Mr. A.S.Rao, who is a Metallurgical Engineer from IIT, Mumbai is the Promoter Director of the company and has to his credit rich experience of over nearly four and a half decades in Iron & Steel industry. He worked for SAIL for over two decades in senior capacities during which period he acquired considerable experience in production, sales and marketing. After taking voluntary retirement from SAIL he promoted SIL.

2. Mr. A.Naresh Kumar, elder son of Sri A.S .Rao is a Chemical Engineer and did his masters in MS (Polymers) in USA and is another promoter director. He had a four years stint with transnational companies in U.S.A., where he handled Market Research, and project planning before taking full time responsibility at SIL. He has successfully implemented various technical improvements carried out by SIL at its manufacturing facility. He is presently the Managing Director and looks after the day to day operations of SIL. He is assisted by a team of qualified and highly experienced professionals.

CFO and Company Secretary: The Board is assisted by Mr. K.V.Krishna Rao, a full time Chief Financial Officer and Company Secretary. Mr. Krishna Rao is a qualified Chartered Secretary from India and U.K., and is also a qualified Management Accountant with over 34 years of rich experience in Finance, Accounts, International Trade, Taxation and Company Secretarial functions. He has been associated with the company for the last fifteen years.

Contact Information