Homi Rustam Khusrokhan
Homi Rustam Khusrokhan
Independent Director

Mr. Homi Khusrokhan is the Independent Director of the Company and is associated with the Company since May 2017. Homi is a Fellow member of the Institute of Chartered Accountant of India since 1966 and was a rank-holder. He studied at the Sydenham College of Commerce and Economics and obtained a B. Com (Hons.) from the University of Mumbai in 1963. He also studied at the London School of Economics and Political Science between 1966-68 and obtained degree of M.Sc. (Econ.), in Accounting and Finance. Homi has over 40 years' experience in the corporate sector (29 years of which were with the Glaxo Group of Companies).

Homi was the Managing Director of Glaxo & Burroughs Wellcome in India from 1996- 2000. During his stewardship, in 1999, Glaxo was rated as India's Most Respected Company across all industries by Business World. Homi moved on to become the Managing Director of Tata Tea Limited; And later Managing Director of Tata Chemicals Limited. Both the Tata Companies became the world's 2nd largest Companies in Tea & Soda Ash during his tenure by virtue of major international acquisitions.

Homi has served as an Independent Director in several companies, including Rallis India Ltd, Fulford India Ltd, and ICICI Bank Limited. In 2009, Homi was appointed as a Special Advisor to the Government-Appointed Board of Satyam Computer Services Ltd, which was tasked to resuscitate and find a new owner for the company. He has worked with various Industry Organizations and Chambers of Commerce. He was President of the Organization of Pharmaceutical Producers of India and Vice-President of the Bombay Chamber of Commerce and Industry.

Apart from his experience and expertise in pharmaceuticals, he has knowledge of consumer products, agriculture related business, specialty chemicals and has also managed several international businesses by virtue of the mergers & acquisitions made during his tenure in the Tata Group. He retired from the Tata Group in 2008 and is now a Senior Advisor to Tata Capital's Private Equity Funds.

Homi was the Governor of Maharashtra’s nominee to the Executive Committee of Indian Red Cross Society, Maharashtra State Branch in 2011. He was appointed Vice-Chairman in 2015 and elected Chairman in 2022. He is also an elected member of the National Managing Body of the Society.