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Board of Directors


  • Mr. Arvind Singhania

    Chairman and CEO

    Mr. Singhania, co-founder of Ester, has been actively associated with the company since its inception in the year 1985.

    His vision and passion have been integral to Ester’s success and he has taken the company from a small start up to a diversified and globally recognized organization. Innovation & development are at the core of his philosophy and this has been the driving force behind Ester’s transformation from commodity to technology play.

    He has more than 35 years of rich and varied experience including production, supply chain, finance, and business development.

    Under his guidance, Ester has seen tremendous success with its various product, modernization and expansion initiatives.

     
     

  • Mr. Pradeep Kumar Rustagi

    Executive Director and CFO

    Mr. Rustagi is Executive Director & Chief Financial Officer (CFO) of Ester and responsible for financial & business planning, corporate finance & fund raising, investor relations, financial & tax strategy, financial & forex risk management, control systems, corporate governance, legal & regulatory requirements including compliances and insurance.

    He has more than 30 years of rich experience with leadership roles in finance & accounts including accounting, treasury, budgeting & MIS, audits, taxation and business processes & automation. He is a qualified Chartered Accountant from The Institute of Chartered accountants of India. He joined Ester as a Management Trainee over 30 years ago.

     
     

  • Mr. Ashok Newatia

    Non- Executive and Independent Director

    Mr. Newatia is an Independent Director at Ester and Chairman of Stakeholders’ Relationship Committee. He holds an undergraduate as well as a master’s degree in chemical engineering from the University of Michigan.

    He has been associated with the company since 1994 and continues to actively contribute to Ester’s product and process developments.

    He is a polyester industry veteran having various technical and managerial positions across leading companies in India and abroad over the last 50 years. He pioneered the application of the continuous polymerization technology paving the way for many related plants in India.

     
 

  • Mr. M S Ramachandran

    Non- Executive and Independent Director

    Mr. Ramachandran is an Independent Director at Ester and Chairman of Corporate Social Responsibility Committee of the Company. He is a Mechanical Engineer by profession.

    He has held numerous senior positions in the Indian energy sector. He has extensive corporate and operational experience spanning over 35 years with Indian Oil Corporation Limited, where he started as a Management Trainee in 1969 and, eventually left as chairman of the board in 2005. During his tenure, Indian Oil grew to become the leading Indian corporate in the Fortune 'Global 500' listing.

    He also served as the Executive Director of the Oil Coordination Committee of India's Ministry of Petroleum and Natural Gas. He has been on the board as Non-Executive Director for a number of companies and has also acted in an advisory capacity to organizations including BHP Billiton India, Chevron Business Development, Inc. etc.

    He was conferred with the Chemtech-Pharma Bio Hall of Fame Award in 2005 for outstanding contribution to the petroleum and petrochemicals industry.

    Presently he is also on the Board of ICICI Prudential Life Insurance Company Limited, Supreme Petrochem Limited, Infrastructure India Plc and SOS Children’s Villages of India.

     
     

  • Mr. P. S. Dasgupta

    Non- Executive and Independent Director

    Mr. Dasgupta is an Independent Director at Ester. He has been engaged in the practice of Law since 1978 and has been member of Delhi Bar Council since then.

    He has vast knowledge and experience of Law over more than 35 years of legal practice. He worked as a Sr. Associate for fourteen years with JB Dadachanji & Co.

    He is associated with leading Law Firm in Delhi since 1991. He has an extensive practice especially in Conveyancing, Structuring and negotiation of Joint Ventures and Foreign Collaborations, Corporate Laws, Foreign Exchange, Antitrust and Mercantile Laws, Project Contracts, Construction Contracts including Telecom and other Infrastructural Contracts and Financing Contracts; Specialized Corporate litigation, Mergers and Acquisitions, Domestic and International Arbitrations.

    He is also on the Board of Cummins India Limited, Otis Elevator Co. India Ltd., Timken India Limited, Bhilwara Technical Textiles Limited and many other Companies.

     
     

  • Dr Anand C Burman

    Non- Executive and Independent Director

    Dr Burman is an Independent Director at Ester. Dr. Burman's education was both multidisciplinary and international. He completed B. Sc. in Chemistry from the University of Wisconsin and M. Sc. in Chemistry from the University of Kansas. His Doctorate was in the area of Pharmaceutical Chemistry from the University of Kansas in 1980.

    He is an eminent Industrialist with particular interests in the areas of Research and Development in the Pharmaceutical Sciences as well as Biotechnology and Technology issues.

    He has served as the Chairman of Dabur India Limited. Professionally he has held many assignments with Dabur Group. He set up pharmaceutical business of the company in 1989 and was responsible for Company’s diversification into various categories of business.

    He is the recipient of numerous awards and honours, including Business Leader of the Year award at The Asian Awards 2019, Ernst & Young Entrepreneur of the Year award in 2011, etc.

    He is also on the Board of Aviva Life Insurance Company India Limited, Dabur Research Foundation, Dabur (UK) Limited, H & B Stores Limited, and many other companies.

     
     

  • Mrs. Archana Singhania

    Non- Executive & Non- Independent Director

    Mrs. Singhania has been engaged in various Social Activities and associated with many NGOs and Trusts like Chander Bala Modi Academy, Youth Reach, Missionaries of Charity. She is also on the Board of Rekha Finance & Investment Private Limited and Fenton Investments Private Limited.

     

     

     
     

  • Mr. Sandeep Dinodia

    Non- Executive and Independent Director

    Mr. Dinodia is Independent Director at Ester and Chairman of Audit Committee of the Company. He has completed his Bachelor of Commerce from Shriram College of Commerce, Delhi University and his L.L.B. from Delhi University. He is a F.C.A. from the Institute of Chartered Accountants of India, since 1984. He is empanelled with the Institute of Internal Auditors –U.S.A.

    He is a Partner in S. R. Dinodia & Co. LLP. He has rich experience in the fields of Assurance, Financial & Legal Corporate Consulting and Taxation. He has over twenty five years’ experience in auditing Non- Government Funded projects of various entities, which have a socio-economic impact. He has also been involved with compilation of systems of developmental projects in India, funded by various international agencies.

    He is also on the Board of Hi-Tech Gears Limited.

     
     

  • Mrs. Padmaja Shailen Ruparel

    Non- Executive and Independent Director

    Mrs. Ruparel is an Independent Director at Ester. She is nationally recognized as a key player in the Indian entrepreneurial ecosystem and has helped companies found many of the relevant institutions, besides being an active Angel investor herself. Her operating experience spans large corporates, M&A, and startups/early stage companies.

    She has been awarded as one of the 'Top 50 Most Powerful Women in Business' by Fortune India for 2017, 2018, 2019, listed in Forbes India’s W- Power Trailblazers and “30 Most Powerful Women in India” by Business Today for 3 years running. The Women Economic Forum recognized her with its “Women of the Decade in Investment Banking” award.

    She is also on the Board of Infinity Technology Trustee Pvt. Ltd., Indian Angel Network Services Pvt. Ltd. & many other companies.