About Creixent Special Steels Limited
Creixent Special Steels Limited was incorporated on February 27, 2018, with the main object of carrying on the business of manufacturing, processors, refiners, smelters, makers, converters, finishers, importers, exporters, agents, merchants, buyers, sellers, dealers and traders in all kinds and forms of steels including tools and alloy steels, stainless and all other special steels, iron and other metals and alloys, all kinds of goods, products, articles or merchandise whatsoever manufactured wholly or partly from steels and other metals and alloys.
The Company has its Registered Office at QR No. 50-51, Park Avenue Colony, Jindal Road, Dhimrapur, Raigarh – 496 001, Chhattisgarh. The Company is an Associate of JSW Steel Limited and a Subsidiary of AION Investments Private II Limited. 48% of the Equity Share Capital of the Company is held by JSW Steel Limited and 52% of the Equity Share Capital of the Company is held by AION Investments Private II Limited.
Board of Directors
Mr. Seshagiri Rao M.V.S.
Joint Managing Director & Group CFO at JSW Steel
Mr. Seshagiri Rao M.V.S. is the Joint Managing Director & Group CFO for JSW Steel, responsible for overall operations of JSW Steel including Strategy formulations related to business development, expansion of existing businesses, joint ventures, mergers and acquisitions and Cost management. He possesses rich experience spanning over three decades in Steel Sector and in the areas of Corporate Finance and Banking. He joined JSW Group in 1997 as Chief Financial Officer and has played active role in growth strategies of JSW Group since then. He has been actively involved in all strategic decision making within the group and has over the years grown with JSW Steel progressively shouldering higher responsibilities. Prior to joining JSW Steel he has worked with various reputed organizations in various capacities. Mr. Rao is a member of the Institute of Cost and Works Accountants of India and a licentiate member of the Institute of Company Secretaries of India. He is also a Certified Associate of the Indian Institute of Bankers and a diploma holder in Business Finance awarded by the Institute of Chartered Financial Analysts of India.
Mr. Kalpesh Pankaj Kikani
Mr. Kalpesh Pankaj Kikani is Managing Director and Senior Partner at AION India Investment Advisors Private Limited
Mr. Kalpesh Pankaj Kikani, aged 46 years, BE, MBA, CFA, serves as the Managing Director and Senior Partner of AION India Investment Advisors Private Limited. Mr. Kikani has been investing in India for over 20 years. Previously, he was a part of ICICI Bank's senior management team, as the Global Head of Special Situations & Structured Finance, where he was responsible for running India focused investment teams based in Mumbai, Singapore and London. Prior to this, Mr. Kikani established and headed the corporate and investment banking business for ICICI Bank UK PLC focusing on leveraged and structured finance transactions with teams based in the United Kingdom, Germany and Belgium. Over the course of his career, Mr. Kikani has deep experience in investing in Indian enterprises in the area of distress, structured equity and credit investments.
Mr. Nikhil Gahrotra
Nikhil Gahrotra, Principal at AION India Investment Advisors Private Limited
Mr. Nikhil Gahrotra, aged 39 years, is a Principal at AION India Investment Advisors Private Limited. He joined the firm in February 2016 from Banyan Tree Growth Capital, an India-focused structured private equity fund, where he was a Director. Mr. Gahrotra has over 14 years of financial services experience and 12 years of private equity investment experience including over 5 years with the growth capital team at 3i Group Plc in India and as a founding member of the India office of Q Investments, a US based hedge fund. Prior to Q Investments, Mr. Gahrotra was with Citigroup's investment banking team where he advised on M&A and equity/equity-linked capital raising of over $2 billion for some of India's largest companies.
Mrs. Anuradha Bajpai
Mrs. Anuradha Bajpai is graduated from R. A. Podar College of Commerce and Economics. She is also a member of the Institute of Chartered Accountant of India. She has a rich experience of over 25 years. She has been practising in individual capacity since April 2014. Assignments include statutory audit, tax audit, diagnostic testing, identifying and strengthening controls over financial reporting, strengthening process controls, third -party assessment of the strengths and weaknesses of the organisation and the like.
She is serving as an independent director on the boards of various unlisted and listed public companies.
Mr. Chirag Bhansali
Mr. Chirag Bhansali is a practicing Chartered Accountant having an overall post qualification experience of about 12 years. He is the partner of MM & Co LLP, Mumbai. His main area of practice is management of accounts & taxation, Statutory audit, advising on Goods & Service Tax, representation for assessment and other proceeding in the tax department.
|Particulars||ISIN||No. of Debentures||Nominal Value||Paid-up value||Trustee|
|0.01% Rated, Listed, Unsecured, Rupee Denominated Non-Convertible Debentures||INE01F608017||1,863||1,86,30,00,000/-||1,86,30,00,000/-||Catalyst Trusteeship Limited
Address: Office No. 213,
2nd Floor, Navrang House,
21 Kasturba Gandhi Marg,
New Delhi – 110 001.
Tel : +91 (011) 43029101
website : www.catalysttrustee.com
Credit rating by Brickworks Ratings India Private Limited
Non-Convertible Debentures: BWR BBB - (i.e. BWR Triple B Minus) (Outlook: Stable)