Sarda Energy & Minerals Ltd
Nilay Joshi has a diverse and extensive work experience in the corporate finance and banking sector. Starting as an Assistant Manager at the International Banking Department at Bank of Baroda, they subsequently worked as a Credit Risk Analyst at Deutsche Bank and then as a Manager at Corporate & Infrastructure Ratings at CRISIL. Nilay then joined Axis Bank, where they worked as a Credit Analyst and later as a Relationship Manager for Large Corporate Clients. Nilay then moved to RBL Bank, where they held various roles including Deputy Vice President, Vice President & Senior Relationship Manager, and ultimately Head of Corporate Banking for Rest of Maharashtra, MP, and Chhattisgarh. After a successful tenure at RBL Bank, Nilay became a Founder member of ValueFin India Credit Services Private Limited. Currently, they serve as the Head of Group Corporate Finance at Sarda Energy and Mineral Ltd. Additionally, they are a member of the Board of Directors for Vachan (Sarda Dairy & Food Products Ltd).
Nilay Joshi completed the CFO Program - Batch 01 in Finance at the Indian Institute of Management, Calcutta from 2021 to 2022. Prior to that, they obtained an MBA in Finance from IBS Hyderabad between 2003 and 2005. Nilay completed their ISC (X+2) degree with a focus on PCM (Physics, Chemistry, Mathematics) from St. Joseph's College from 1985 to 1998. While it is not specified, the available information does not indicate a specific start or end year for their Bachelor of Arts (BA) degree in Economics from the University of Allahabad.
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Sarda Energy & Minerals Ltd
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Sarda Energy & Minerals Limited is a producer of steel and ferro alloys. The Company is engaged in the manufacturing and selling of pellets, sponge iron, steel billets, wire rod, wire and ferro alloys from its plant located at Raipur, Chhattisgarh. Its segments include Steel, Ferro and Power. It produces sponge iron for its own captive use to produce steel ingots and billets through induction furnace route. It produces and exports manganese-based ferro alloys with exports to 60 countries. Ferro alloys are produced in sub-merged arc furnaces using electro-thermic process. It manufactures bricks mainly from the fly-ash generated from its captive power plant. The Company operates an 81.5 megawatt (MW) thermal power plant at its Siltara plant. The energy generated is used in its sponge iron, billet, ingot and ferro alloys plants. The Company produces pellets from iron ore fines using grate-kiln technology. The pellets are used in house for production of direct reduced iron (DRI).