Balaxi | Board Directors

Board of Directors

Ashish Maheshwari

Ashish Maheshwari

Chairman & Managing Director


Founder of the company

First generation entrepreneur and a qualified Chartered Accountant

Commenced business by supplying white labelled pharmaceutical formulations to various importer

Established Balaxi Group into a conglomerate that spans 4 continents

A person who recognises and appreciates knowledge,discipline, transparency & accountability

Minoshi Maheshwari

Minoshi Maheshwari

Non-Executive Director


Co-Founder of the company

A commerce graduate with 20 years of rich experience in the organization

Instrumental in creating Balaxi Group

A tenacious and persistent approach

A thought leader for the Group

Also heads CSR activities for the group

Kunal Bhakta

Kunal Bhakta

Independent Director


A Chartered Accountant with 14 years of experience in the field of Capital Markets

Currently, serves as an investment manager for First Water Capital Fund; A SEBI registered listed markets AIF

Successfully executed multiple M&A, Capital Raise and Investor Relations Strategy Engagements in his earlier roles at Lastaki Advisors

Previously associated with Motilal Oswal as a lead Analyst post which he was by Co-founder at Foster Capital Ventures

Gandhi Gamji

Gandhi Gamji

Independent Director


Mr. Gandhi Gamji, has a Masters Degree in Business Administration and Bachelor of Engineering.

He has an experience of more than 20 years doing trading in Africa and GCC Countries. He deals in Speciality Chemicals and is having expertise in International Trade.

The Company is well served with his clarity of thought process, best management practices, compliance of law in its true spirit and adherence to ethical standards for effective corporate governance and sustainable development of the Company.

M. S Rao

M. S Rao

Independent Director


MBA from Asian Institute of Management, Philippines coupled with PG Diploma courses from IIM Ahmedabad, Cornell University and Kansas State University

Good understanding of global markets and Involved in leading strategy formulation, project leadership, fund raising etc.

He has previously worked  with ITC ltd-  Agri Business Division, as Head New Initiatives, where he led the expansion into new and profitable verticals. He also worked as the CEO of the Cereal Systems Initiative for South Asia mandated by BMGF and USAID and implemented by CGIAR international institutions - IRRI, CIMMYT, IFPRI  and ILRI. He is on the Board of multiple other companies and specializes in Business Strategy and Corporate Governance.

Purnima Singh Kamble

Purnima Singh Kamble

Independent Director


LLB from University of Lucknow

Heads the Firm Fox Mandal Solicitors & Advocates, Hyderabad practice.

Has 23 years of experience in the areas of corporate and commercial law including legal consultancy in foreign investment, infrastructure projects, joint ventures, merger and acquisition, capital structuring, land acquisitions, property related issues and civil and commercial litigation.

As a special interest in women related issues, Purnima works actively in respect of matters related to Sexual Harassment at workplace for which she conducts various training sessions.