Former Bureaucrat Sanjay Bhattacharya and CA Sudhir Maheshwari to join Bharat Seats’ Board

Bharat Seats Limited has appointed Sanjay Bhattacharyya and Sudhir Maheshwari as Non-Executive Independent Directors of the company w.e.f. April 1, 2024, for a term of five years.

Sanjay Bhattacharyya has retired from the Indian Foreign Service. He has about 35 years’ experience with a specialisation in diplomacy in an era of globalisation and transformative change, boundary and security issues, economic engagement, and negotiations. As Secretary in the Ministry of External Affairs (2020–22), he was responsible for the Arab region and Israel, COVID evacuation, and introduced new governance structures for passport, emigration, and diaspora affairs. He was the BRICS Sherpa during India’s Presidency. He served on the governing council of the Jal Jeevan Mission.

Mr. Sudhir Maheshwari, a qualified chartered accountant, has been a managing partner at B R Maheswari & Co. LLP (a practicing firm of chartered accountants) for more than 30 years. He has also been Director, BRM Lease and Finance Pvt. Ltd. (RBI-registered NBFC) for the last 35 years, Secretary, Sant Parmanand Hospital (a charitable institution), and Treasurer, Delhi Hire Purchase and Leasing Association.

He specialises in the areas of finance and accounting. He has worked with major clients in varied industries, including banking (Central Statutory Audit at the Bank of India, UCO Bank, etc.); NBFCs (Statutory Auditor of PNB Housing Finance Ltd.); other large PSUs (IFFCO, ITDS, SAIL, etc.); and large private sector companies (Shree Cements Ltd., Relaxo Footwear Ltd., etc.).

He also has significant hands-on experience in the banking, financial services, and insurance sectors, having set up his own deposit-taking RBI-registered NBFC in 1988 dealing in consumer finance. He has also served as the CFO of Moradabad Syntex Pvt. Ltd., a company in the business of manufacturing cotton yarn.