Since its inception, Allsec has believed in creating an active and participatory Board of Directors, consistently maintaining high standards of corporate governance and transparency in the process. The Board is a representative group of eminent professionals who contribute extensive and relevant skills from their varied backgrounds.
Mr. T Anantha Narayanan, former Executive Director of Ashok Leyland Limited, joined the Allsec Board on October 20, 2005. He is a chartered accountant by qualification and was with Ashok Leyland group for over 25 years.
He is in the Board of IndusInd Bank and a few companies of the Ashok Leyland group while being the Ombudsman of Ashok Leyland Limited. He is an expert in corporate planning and financial structuring and shall guide the company in corporate governance matters.
Manish Gaur is a Vice President with the Carlyle Asia Growth Capital Group. He is based in Mumbai. Mr. Gaur has previously worked with Credit Suisse First Boston and Deutsche Bank as an Equity Research Analyst. In his five-year career as an Equity Analyst, Mr. Gaur has covered the pharmaceuticals, media, auto and auto components, and information technology services sectors. Mr. Gaur holds a post-graduate diploma in management from the Indian Institute of Management (IIM), Ahmedabad and a Bachelor of Technology degree from the Indian Institute of Technology (IIT), Bombay.
Kapil Modi is a Vice President in Carlyle India, advising on growth capital opportunities across various sectors in India. He is based in Mumbai.
He has been with Carlyle since 2008 and has been involved in various investments such as Tirumala Milk Products, Newgen Knowledge Works, Visen Industries, Value & Budget Housing Corporation, South Indian Bank and Cyient Limited. Kapil was also involved in the successful sale of Tirumala Milk Products in 2014.
He currently serves on the Boards of Newgen Knowledge Works and Allsec Technologies Ltd.
Kapil received his MBA from the Indian Institute of Management, Ahmedabad. He was awarded the Gold Medal for academic excellence at IIM Ahmedabad. He received Bachelor of Technology degree from IIT Kharagpur. He was awarded Silver Medal for first rank in the Department of Computer Science and Engineering. He is also a CFA (AIMR-USA) charter holder. He also holds a master's degree in business law from National Law School, Bangalore.
Dr. KK Srinivasan is the Founder and CEO of Lux Analytics which helps organizations make better decisions through the use of analytics. Currently the company specializes in verticals such as financial services, health insurance, retail and telecom. Previously he ran the credit card business at Atlanticus a specialty finance company based in Atlanta. He has degrees from IIT Madras, IIM Calcutta and University of Pittsburgh. In addition he is an angel investor and advisor to Atlanticus, HelpTone and Kabbage.
Ms. Lalitha is a Post Graduate in Statistics from Madras University. She is also an associate member of the Institute of Cost & Work Accountants of India.
She has more than 14 years of experience in various capacities and finished as a DGM in IDBI, handling project appraisal sanction of loans to large industries in various sectors. She was a nominee director of a few company Boards appointed by IDBI in its investee companies.
Post that, she worked for 7 years in Temenos AG a Geneva based company, a global market leader in the Core Banking Software (CBS) business in the implementation Services Department. She joined there as a banking consultant and rose to the level of VP, Client Services.
She has extensive knowledge in implementing CBS and also in overseeing projects. She has been part of about 20-25 project implementation in various capacity. She has managed most of the projects and has successfully guided client banks in transitioning their existing processes to the new CBS platform seamlessly.
Mr. C. Jayaram, B. A. (Economics), PGDM-IIM, Kolkata, aged 59 years, was the Joint Managing Director of Kotak Bank and led the wealth management business and international operations for Kotak Mahindra group. He also managed the alternative investments business which includes private equity funds and real estate funds, as well as the institutional equities business of Kotak Mahindra.
He has varied experience of over 37 years in many areas of finance and business and was earlier the Managing Director of Kotak Securities Limited. He has been with Kotak Group for 25 years and has been instrumental in building a number of new businesses at Kotak Group. Prior to joining the Kotak, he was with Overseas Sanmar Financial Ltd.
He is also the Director of the Financial Planning Standards Board, India. An avid player and follower of tennis, he also has a keen interest in psephology.
Padmanabhan is an investor and currently is the CEO Appnomic Systems, a leader in application performance management space. He founded this company and has raised investments from Norwest Venture Partners.
He has also founded CloverGreens in Bangalore, a eighteen hole golf course with real estate development around the course. Kotak Realty Fund was an investor in this venture.
Along with Rajiv Kuchal he has acquired Obopay, a very early player in the mobile money technology in the US.
Padmanabhan has about 30 years experience in the software field.
He has worked in PSI-Bull and Infosys Technologies, he had started the technology group in Infosys and was responsible for software architecture across various clients.
He has expertise in the areas of Performance engineering, high volume OLTP system design, Core banking product architecture, design and development.
His experience includes building of a Web Application server , architecture of Finacle, Universal Banking Solution, software architecture for large Applications implemented in Fortune 100 companies worldwide.
Adi is a co-founder at Allsec Technologies and continues to spearhead the Business Development and Strategic Finance functions at Allsec.
A Chartered Accountant by qualification, Adi had partnered Jagadish in building and managing a highly successful Financial Advisory firm, for over a decade till 1999.
As a Finance professional, Adi has a proven track-record of nurturing client relationships and exploring new horizons in structuring services. These well-honed skills from previous assignments at Ashok Leyland and Sanmar, are put to good use in driving business at Allsec.
Allsec Technologies still draws on his entrepreneurial instinct and creative abilities to pitch the value-proposition, as they move towards establishing a differentiated BPO model.
As co-founder & CEO, Jagadish oversees the Operations, HR and Client Servicing functions at Allsec. This is a logical extension of the execution and control responsibilities he earlier shouldered at the Financial Advisory firm.
As a Chartered Accountant from India and a Certified Cost & Management Accountant from London, Jagadish wears his qualifications lightly; crediting the initial days at Ashok Leyland for his well-disciplined, steady approach to building value.
Jagadish in his second venture as an equal partner with Adi, continues to play the sheet-anchor role, sustaining and continuously enhancing service excellence at Allsec.
A. Mohan Kumar
DGM Legal & Company Secretary
Allsec Technologies Limited
46B Velachery Main Road
Chennai 600 042, India
For investor queries and grievances
Allsec has made an Initial Public offer of 3,141,200 Equity Shares of Rs. 10/- each at a price of Rs.135/- per share for cash aggregating Rs. 424.062 millions comprising 149,600 Equity Shares of Rs. 10/- each reserved for the employees of the Company and a Net Offer to the Public of 2,991,600 Equity Shares of Rs. 10/- each. The Issue would constitute 26.25% of the fully diluted post Issue paid-up capital of the Company. The Issue was made through the 100% book building process.
The public issue, which opened for subscription on April 13, 2005 was oversubscribed by 4.15 times.
The shares of the Company are listed on the National Stock Exchange (NSE) and the Stock Exchange, Mumbai (BSE) beginning May 9th, 2005.