Partners & Associates


Mr. Virendra Kumar Agrawal
Senior Partner

Qualification : B.com., FCA(Rank Holder)
Specialization : Assurance and Advisory
Work Experience : 46 Years

  • CA Virendra Kumar Agrawal is the Founder of the firm. Qualified in 1st attempt in the year 1976 with a rank on all India basis. He has experience of 46 years (32 years in Industry and 14 years in Profession/ Practice),
  • While in the Industry he has served several large and well-known organization including Sterlite Industries/ Vedanta Group, Rajashree Polyfils / Century Enka Ltd, Essar Gujarat Ltd, Electro Steel Casting Ltd, Zenith Steel Pipes & Ind. Ltd and other groups,
  • He has served various sectors in Sterlite/ Vedanta Group Companies, including Copper smelter, Sulphuric & Phosphoric Acid, Aluminium & Thermal Power plants and served with many Companies namely Sterlite Industries Ltd., Madras Aluminium Co. Ltd., Vedanta Aluminium Ltd., Sterlite Energy Ltd., etc. He joined as Vice President and promoted to the Post of President Finance & CFO,
  • He played a key role in setting up many large green field projects including Dye Intermediate in the State of Maharashtra, Writing & printing Paper and Kraft paper in the state of Punjab, State of Art Polyester Filament Yarn in the state of Gujarat, large Aluminium Smelter & Power plants projects in the State of Orissa, having capital outlay of USD 4 billion,
  • Handled many portfolios including Govt. liasioning and PR with the Central and State Govts at senior level including PMO, Planning Commission, Coal ministry, Power Ministry, Environment Ministry, Commerce Ministry, etc.,
  • Sourcing of basic inputs in competitive global business environment such as Coal, Copper concentrate, Rock Phosphate, finalisation of large orders/contracts for sourcing of plants & Machineries, Prefabricated Structures , Busbars, Finalization of large commercial service contracts, etc.
  • Apart from setting up of the green field projects, he was actively involved with the operation of large manufacturing Companies and his major focus was to increase productivity and profitability of the Company and ensure timely compliance of the various laws,
  • Handled a large IPO of Rajshree Polyfil Ltd. and Centak Chemicals Ltd. in 1994 and QIP issue of Electrosteel Casting Limited in 2010,
  • Has experience of Capital Structuring of large plants and tie up of projects funding including Debt syndication over Rs. 7000 Crs+ for steel plant,
  • Handled Merger of RPL with CEL in 1998 and carried out due diligence for acquisition of large plants,
  • Handled International arbitration and got the award in favour of the Company for Euro 5 mln,
  • He has experience of setting up the Internal Control Systems and procedure and rolling out the SAP system in a large organisation within record time,
  • His last assignment was as a Group CEO monitoring productivity and guiding CEOs of several Companies in diverse field including 5 European Companies,
  • Apart from knowledge and practical experience, he has very strong commercial / Business acumen which adds value to the clients business.
  • During his Employment with AFF, Professional CA firm, he has audited the accounts of various large Companies, namely Tata Sons Ltd, Tata Industries Ltd, Tata Electric Ltd, Precision Ball Bearing Co. India Ltd, W.G Forge & Allied Industries Ltd, etc,
  • While in practice, he has conducted Statutory audit of Star Union Diachi Life insurance Company Ltd, Treasury department of Corporation Bank and Concurrent Audit of branches of Canara bank and IDBI bank, as Partner of AK Sabat & Co.,
  • He has carried out Inspection on behalf of SEBI of L&T Mutual Fund, Bank of Baroda Pioneer Mutual Fund and RTA activities of Karvy/K Fintech for 10 Mutual Funds, as Partner of AK Sabat & Co.,
  • He has handled various assignments of FA Verification and reconstruction of FAR at various plants of Reliance Industries ltd.,
  • Reviewed control system (end to end process) of Coal including placement of orders, receipt, issue and inventory system followed by the Reliance Power plants at Dahej and Hazira and bench marking the same with best Industry practices,
  • Handled Inventory verification of Sunbeam Industries, an auto ancillary manufacturing Company- across several locations,
  • Handled Inventory verification of Vehicles, Furniture & electric equipment's of Quikr on a Pan India basis, Stock of finished goods of Bombay Dyeing & Manufacturing Co. and Inventory verification of several entities on behalf of banks,
  • Conducted review of Commercial Contracts of large value of Mumbai International Airport, Mumbai and suggested various measures for cost control and process for finalization of Contracts,
  • Handled various assignments of Mumbai International Limited including ground handling services of scheduled and non scheduled Airline, Review of GST compliance and system, Review of Cargo business, Royalty sharing by concessionaire, etc.,
  • Handled various assignments of Tata International Ltd.,
  • Review and implementation of internal control and systems etc for real estate sector.

Ms. Madhavi Makwana
Partner

Qualification : ACA, M.com, BAF
Specialization : Assurance & IDT
Work Experience : 5 Years

  • CA Madhavi Makwana, qualified in the year 2019, she is associated with the firm since beginning and Promoted to the post of Partner in 2020,
  • She exhibits strong leadership and interpersonal skills,
  • Successfully led and finalised Statutory audits for several Companies and LLPs,
  • She has excellent experience in the field of Accounting, Management assurance, Direct and Indirect Taxation,
  • She has handled Internal Audits of entities operating in various sectors such as Textile, Education, Entertainment/Event management, Civil Construction, Real-Estate Sector etc.,
  • She has led various companys Tax Audits and GST audits,
  • She has worked with clients in preparation of Financial Statements of Listed companies including Care India,
  • She has also handled few assignments of Tata International Limited,
  • She was also a part of Mutual fund Inspection assignment,
  • She was actively involved in Vendor Audit on behalf of Client, Inventory verification on pan India basis,
  • She was closely involved in review of Large Commercial Contracts of MIAL and acquired excellent knowledge and commercial business acumen.

Our Associates:


CS. Ritika Agrawal

Qualification : FCS (Rank Holder), M.Com
Specialization : Corporate Law
Work Experience : 15 Years

  • CS Ritika Agrawal, is a qualified Company Secretary, 23rd rank-holder on all India basis in ICSI exams with highest marks in Corporate restructuring/ Corporate law in Northern Region,
  • She holds a Master Degree in Commerce from Delhi University,
  • She has practical and rich experience of 15 years in Corporate Compliance and secretarial practice including secretarial audit, Scrutiniser of Poll and e voting, Advisory of Corporate secretarial system etc.,
  • Apart from the Legal and secretarial Knowledge, she has very strong commercial / Business acumen which adds value to the client's business,
  • She has handled Secretarial Audits, acted as scrutinizer and handling all other corporate matters,
  • She has expertise in corporate Compliance and handling a large no of clients,
  • She is associated with many large groups/ companies such as Vedanta Group, Ekta World, Care Ratings, Poddar Diamonds, Shetia Group, Topman Group, Platinum Corp Group, Canara Bank, Reliance Equity Advisors, BS Securities, freight wings, AIC Infrastructure, Vishal Eartmovers, Teevra Edutech, Trinity Entertainment, Polygenta Ltd, SRM energy Ltd, Eshita Drugs and many more,
  • She takes care of corporate Compliances of many listed/ unlisted Companies,
  • She has incorporated many Companies/ LLPs, across India, which runs in hundreds,
  • She has associated very actively in carrying out the inspection of the Mutual funds on behalf of SEBI,
  • She has rich practical experience in Corporate Law, Financial Analysis, management reporting, preparation of information memorandum, due diligence, etc.,
  • She was Independent Director in Window Glass Ltd, a sister concern of Gujarat Borosil.

CA Mahendra Agarwal

Qualification : B.Com., FCA
Specialization : Financial advisory service
Work Experience : 46 Years

  • A Senior Chartered Accountant with post qualification experience of more than 4 decades in Corporate Finance and Investment Banking Services.
  • He started his carrier with A. F. Ferguson & Company, Chartered Accountant in 1977 and had handled audit assignments of many large Limited Companies. Subsequently, he transitioned to the corporate sphere and served for more than 20 years. Throughout this tenure, he focused on providing independent advisory and financial services. He facilitated numerous enterprises/Corporates in raising funds through Debt Syndication and Financial Restructuring for both long term resources and Working Capital needs. Additionally, he offered advisory services in Mergers and Acquisitions of listed companies through Enterprise valuation.
  • He is also serving as an Independent Director in several Corporate entities and he is closely associated with our firm. Many of our clients have derived significant benefits from his services.


 
     
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