
Saurav Adhikari & Subir Chakraborty Appointed As Independent Directors Of IFB Industries
Saurav Adhikari and Subir Chakraborty have been appointed as Non-Executive Independent Directors (Additional Directors) of IFB Industries Limited, effective January 24, 2026.
Additionally, Ashok Bhandari has been appointed as a Non-Executive Non-Independent Director of the company, effective January 30, 2026.
Meanwhile, Sreedevi Pillai has been reappointed as an Independent Director of the company, effective January 28, 2026.
Adhikary is the Founder and Senior Partner at Indus Tech Edge Fund and serves on multiple listed company Boards. His earlier roles include senior leadership positions at Unilever, PepsiCo, and Groupe SEB, where he served as Chief Executive Officer (CEO) of the India business. He spent nearly two decades at HCL between 2000 and 2019, holding roles including Founding President of its startup enterprise networking firm, President of ITES North America, and President of Global Corporate Strategy. He is a global business leader with four decades of experience across technology, FMCG, and consumer durables. Adhikary holds a B.A. (Honours) in Economics from Hindu College, University of Delhi, an MBA from JBIMS, Mumbai University, and an AMP from INSEAD, Fontainebleau.
Chakraborty’s last assignment was with Exide Industries Ltd., where he served as Managing Director (MD) and spent more than ten years at the board level, including roles in subsidiaries in India and overseas. He is the immediate past President of the Bengal Chamber of Commerce & Industry and was a National Council Member of the Confederation of Indian Industry from 2022 to 2024. He also contributes to academia as a guest faculty at institutions including IIM Calcutta and serves as an Independent Director at Strides Pharma Science Ltd. He has over four decades of experience across marketing, sales, projects, and general management. Chakraborty is a mechanical engineer from IIT Madras with a PGDM from IIM Calcutta.
Bhandari is a Chartered Accountant with experience in fund management and financial strategy. His work includes negotiations with banks, government authorities, joint venture partners, and technology and equipment suppliers. He serves as a Board Member of Rupa & Company Ltd., J. G. Chemicals Ltd., Skipper Ltd., Shree Capital Services Ltd., Shreecap Holdings Pvt. Ltd., Ragini Finance Pvt. Ltd., N.B.I. Industrial Finance Company Ltd., Digvijay Finlease Ltd., BDJ Oxides Pvt. Ltd., Maharashtra Seamless Ltd., and Vehere Technologies Pvt. Ltd., contributing to governance and financial oversight.




