Leading from the front, compact management structure, commitment to quality,
adoption of
latest technologies, and revolutionary employee engagement policies have been the
foundation
of our continued success.
Making way from Punjab to become one of the most trusted brands in agro-chemical
companies, Safex has expanded many folds. We have increased our turnover 13 times
our and
operating profit 17 times over the last 10 years. Yet, we continue to grow while
embracing
new challenges, expanding boundaries, and creating new opportunities.
With business spanning 17 states, Safex is a 500 crore+ company having a
dealer
count of more than 10,000, employing 1000+ members. Hence, Safex is a
pioneer
in implementing management principles with utmost sincerity to get the best possible
outcomes.
At the core of our progress is our motto: Let’s fly together!
ChrysCapital
Established in 1999, ChrysCapital is a leading India focused investment firm,
managing
approximately $4 billion across eight funds. With over 90 investments since 1999,
the
group has valuable experience investing across a breadth of sectors. ChrysCapital
has
a strong track record of delivering over $5.5 billion from more than 70 exits.
The
ChrysCapital funds are ranked in the top decile of global private equity funds of
similar
vintage. ChrysCapital VIII, LLC is the eighth fund of the group that was raised in
late
2018 with a corpus of over $850 million.
ChrysCapital believes that partnerships with excellent management teams in
attractive
sectors are the foundation of successful private equity investing. The integrity and
execution capability of management are the two most important factors in the
evaluation of
an investment opportunity. Their vision is to be a trustworthy financial partner and a
stable
long-term investor leveraging deep relationships in the industry.
One of the factors that differentiates ChrysCapital is the ability to scout and help
its
portfolio companies think through M&A targets. ChrysCapital played an instrumental
role in
Intas’ $770 million acquisition of Actavis UK / Ireland. ChrysCapital got Intas into the
acquisition process, leveraged industry expertise and relationship with founders to
convince them to pursue the acquisition and eventually helped win the deal for
Intas. This
was the 2nd largest outbound acquisition by an Indian pharma company that propelled
them to
become the second largest generics player in the UK.
Another differentiating factor is ChrysCapital’s industry leading track record,
amongst
private equity peers, of assisting portfolio companies to go public through an IPO –
ChrysCapital has taken 10 companies public such as AU Small Finance Bank, Eris
Lifesciences, Redington, M&M Financial Services, to name a few, and has provided
valuable
inputs to each of these in their IPO journey as well as in their new life as a
publicly-listed company.
Team/Board of Directors
Mr. S.K. Chaudhary, Chairman
Surinder Kumar Chaudhary is one of the Promoters and is currently the Chairman and Whole-time Director of our Company. He holds a degree of Master’s of Science (Botany) from the Department of Botany, Punjabi University, Patiala. He has been associated with our Company as a Director since January 8, 1991. He has over 34 years of experience in the chemical and agriculture industries.
Mr. Rajesh Jindal, Vice Chairman
Rajesh Kumar Jindal is one of the Promoters and is currently the Vice Chairman and Whole-time Director of our Company. He holds a degree of Bachelor of Arts from Guru Gobind Singh College, Panjab University. He has been associated with our Company as a Director since November 25, 1993. He has over 31 years of experience in the chemical and agriculture industries.
Mr. Neeraj Jindal, Managing Director
Neeraj Kumar Jindal is one of the Promoters and is currently the Managing Director of our Company. He holds a degree of Bachelor of Engineering (Chemical Engineering) from Manipal Institute of Technology and has completed post graduate programme in family managed business from the S.P. Jain Institute of Management & Research. He has been associated with our Company since February 1, 2012. Further he has been awarded for emerging leader in chemical industry by ET Inspiring Leaders 2024. He has over 13 years of experience in the chemical and agriculture industries.
Mr. Piyush Jindal, Joint Managing Director
Piyush Jindal is one of the Promoters and is currently the Joint Managing Director and the Chief Financial Officer of our Company. He holds a degree of Bachelor of Commerce (Honours Course) from University of Delhi. He is an associate of ICAI. He has also completed executive education programme from Indian School of Business. He has been associated with our Company since February 1, 2012. Further, he has been awarded FE visionary leader 2024 by FE power list, BW finance 40 under 40 and as “Best CFO” under the sectoral category of chemicals at at the ASSOCHAM 3rd Vibrant Bharat CFO Summit & Awards. He has over 13 years of experience in the finance, chemical and agriculture industries.
Other Directors
Raghav Ramdev
Nominee Director
Raghav Ramdev is a Nominee Director of our Company. He holds a degree of bachelor of engineering (chemical) from Maharaja Sagajirao University of Baroda and post graduate diploma in management from Management Development Institute, Gurgaon. He has been associated with ChrysCapital Group since September 2003 and is currently a managing director of ChrysCapital Advisors LLP. He has over 21 years of experience.
Savan Rashmikant Godiawala
Independent Director
Savan Rashmikant Godiawalais an Independent Director of our Company. He holds a degree of bachelor of commerce from H. L. Commerce College, Gujarat University and a degree of bachelor of laws (general) from L.A. Shah Law College, Gujarat University. He also holds post graduate diploma in counselling psychology and post graduate diploma in psychotherapy from Institute of Holistic Mental Health, Tamil Nadu. He is a qualified chartered accountant from the ICAI. Further, he also holds doctor of philosophy in management from Nirma University, Ahmedabad. He was previously associated with Deloitte Touche Tohmatsu India LLP. He is currently a guest professor with Indian Institute of Technology, Gandhinagar. He has several years of work experience.
Prem Chand
Independent Director
Prem Chand is an Independent Director of our Company. He holds a degree of bachelor of science in engineering from Guru Nank Engineering College, Panjab University and a degree of master of technology in electrical engineering from Indian Institute of Technology, Madras. He also holds degree of doctor of philosophy from the Birla Institute of Technology & Science, Pilani. He was commissioned by Indian Navy and retired as commodore. He was previously associated with Tech Mahindra Limited, Codenomican Oy, and Synopsys (India) Private Limited. He has over 39 years of work experience.
Bipinchandra Solanki
Independent Director
Bipinchandra Solanki is an Independent Director of our Company. He holds a degree of bachelor of science (agriculture) from the Gujarat Agricultural University. He was previously associated with Hoechst India Limited and Mosanto India Limited. He is currently associated with Yieldwise Ag Consulting. He has several years of work experience.
Manisha Raghunath Kadagathur
Independent Director
Manisha Raghunath Kadagathur is an Independent Director of our Company. She holds a degree of bachelor of science from St. Francis College for Women (autonomous), Osmania University and has completed post graduate diploma in personnel management & industrial relations from XLRI, Jamshedpur. She was previously associated with GlaxoSmithKline Consumer Healthcare Limited, Hewitt Associates (India) Private Limited, Vini Cosmetics Private Limited, Aegon Religare Life Insurance Company Limited, and Bharti Axa Life Insurance Company Limited. She has several years of work experience.
Yogesh Kapur
Independent Director
Yogesh Kapur is an Independent Director of our Company. He holds a degree of bachelor of commerce (honours) from the University of Delhi. He is also a qualified chartered accountant from the ICAI. He was previously associated with Axis Capital Limited and Housing Development Finance Corporation Limited. He has over 35 years of work experience.
Media and Press
Subsidiary Companies Data
Annual Reports
Corporate Governance Report
Policies
Secretarial and Other Regulatory Compliances
Annual Returns
Material Creditors
Scheme of Arrangements
Offer Documents
Committees
Industry Reports
Contact Details
Leading from the front, compact management structure, commitment to quality,
adoption of
latest technologies & revolutionary employee engagement policies have been the
foundation
of our continuous success.
Making way from Punjab to become one of the most trusted brands in agro-chemical
companies, Safex has expanded many folds. We have increased our turnover 13 times
and
operating profit 17 times in the last 10 years. Yet, we continue to grow while
embracing
new challenges, expanding boundaries and creating new opportunities.
With business spanning 17 states, Safex today is a 500+ crore company having a
dealer
count of more than 10,000 providing employment to 1000+ members. Hence, Safex is a
pioneer
at implementing management principles with utmost sincerity to get the best possible
outcomes.
At the core of our progress is our motto: Let’s fly together!
Team/Boards of Directors
Mr. S.K. Chaudhary
Chairman
Surinder Kumar Chaudhary is one of the Promoters and is currently the Chairman and Whole-time Director of our Company. He holds a degree of Master’s of Science (Botany) from the Department of Botany, Punjabi University, Patiala. He has been associated with our Company as a Director since January 8, 1991. He has over 34 years of experience in the chemical and agriculture industries.
Mr. Rajesh Jindal
Vice Chairman
Rajesh Kumar Jindal is one of the Promoters and is currently the Vice Chairman and Whole-time Director of our Company. He holds a degree of Bachelor of Arts from Guru Gobind Singh College, Panjab University. He has been associated with our Company as a Director since November 25, 1993. He has over 31 years of experience in the chemical and agriculture industries.
Mr. Neeraj Jindal
Managing Director
Neeraj Kumar Jindal is one of the Promoters and is currently the Managing Director of our Company. He holds a degree of Bachelor of Engineering (Chemical Engineering) from Manipal Institute of Technology and has completed post graduate programme in family managed business from the S.P. Jain Institute of Management & Research. He has been associated with our Company since February 1, 2012. Further he has been awarded for emerging leader in chemical industry by ET Inspiring Leaders 2024. He has over 13 years of experience in the chemical and agriculture industries.
Mr. Piyush Jindal
Joint Managing Director
Piyush Jindal is one of the Promoters and is currently the Joint Managing Director and the Chief Financial Officer of our Company. He holds a degree of Bachelor of Commerce (Honours Course) from University of Delhi. He is an associate of ICAI. He has also completed executive education programme from Indian School of Business. He has been associated with our Company since February 1, 2012. Further, he has been awarded FE visionary leader 2024 by FE power list, BW finance 40 under 40 and as “Best CFO” under the sectoral category of chemicals at at the ASSOCHAM 3rd Vibrant Bharat CFO Summit & Awards. He has over 13 years of experience in the finance, chemical and agriculture industries.
Other Directors
Raghav Ramdev
Nominee Director
Raghav Ramdev has joined the Board as a nominee director from Chrys Capital. He holds an MBA from the Management Development Institute, Gurgaon, and a Bachelor's degree in Chemical Engineering from Baroda University. Having joined Chrys Capital in Sep 2003, he’s currently a Managing Director and leads investments in the Manufacturing and Healthcare sectors. Previously, he worked with the global research division at McKinsey & Company.
Savan Rashmikant Godiawala
Independent Director
Savan Rashmikant Godiawala is an Independent Director. He holds a PhD in Management, is a Chartered Accountant, a qualified Insolvency Professional, and has a Bachelor's in Law & Commerce. He has over 30 years of experience in Investment Banking and Financial Advisory, including 19 years at Deloitte India, retiring as Partner in March 2024. He teaches at IIM Ahmedabad and IIT Gandhinagar, and co-authored 'Business Taxation' with McGraw Hill.
Prem Chand
Independent Director
Prem Chand, an Independent Director, holds a PhD from BITS Pilani, M.Tech from IIT Madras, and an MBA from ISB Hyderabad. A former Commodore in the Indian Navy, he also served as VP at Tech Mahindra and Director at Codenomicon Software. Currently, he is a consultant at Mitkat Advisory, bringing decades of leadership in defense and private sectors.
Bipinchandra Solanki
Independent Director
Bipinchandra Solanki is an Independent Director with 42+ years of experience in agrochemicals, seeds, and biotech. He has led companies like Syngenta, DevGen, and Monsanto, and has deep expertise in crop segments such as Corn, Cotton, and Hybrid Rice. His leadership spans India and Southeast Asia.
Manisha Raghunath Kadagathur
Independent Director
With over 25 years in HR, Manisha Kadagathur is an Independent Director and a certified coach from ICF. She holds a Bachelor's in Math and Computer Science and an MBA. Currently a Senior Advisor at ANAROCK, she has led HR at companies like GSK, Bharti AXA, and Vini Cosmetics.
Yogesh Kapur
Independent Director
Yogesh Kapur is an Independent Director and a Fellow Chartered Accountant with 39+ years in financial services. He has held key roles at HDFC, HSBC, and Axis Bank. An expert in investment banking and public sector divestments, he has advised the Government of India and led assignments with USAID and the World Bank.
ChrysCapital
Established in 1999, ChrysCapital is a leading India focused investment firm,
managing
approximately $4 billion across eight funds. With over 90 investments since 1999,
the
group has valuable experience investing across a breadth of sectors. ChrysCapital
has
developed a strong track record, delivering over $5.5 billion from over 70 exits.
The
ChrysCapital funds are ranked in the top decile of global private equity funds of
similar
vintage. ChrysCapital VIII, LLC is the eighth fund of the group that was raised in
late
2018 with a corpus of over $850 million.
ChrysCapital believes that partnerships with excellent management teams in
attractive
sectors are the foundation of successful private equity investing. The integrity and
execution capability of management are the two most important factors in the
evaluation of
an investment opportunity. Our aim is to be a trustworthy financial partner and a
stable
long-term investor leveraging our deep relationships in the industry.
One of the factors that differentiates ChrysCapital is the ability to scout and help
its
portfolio companies think through M&A targets. ChrysCapital played an instrumental
role in
Intas’ $770 mn acquisition of Actavis UK / Ireland. ChrysCapital got Intas into the
acquisition process, leveraged industry expertise and relationship with founders to
convince them to pursue the acquisition and eventually helped win the deal for
Intas. This
was the 2nd largest outbound acquisition by an Indian pharma company and propelled
them to
become the second largest generics player in the UK.
Another differentiating factor is ChrysCapital’s industry leading track record,
amongst
private equity peers, of assisting portfolio companies to go public through an IPO –
ChrysCapital has taken 10 companies public such as AU Small Finance Bank, Eris
Lifesciences, Redington, M&M Financial Services, to name a few, and has provided
valuable
inputs to each of these in their IPO journey as well as in their new life as a
publicly-listed company.