Key Management

Mr. Manish Motilal Lalwani
Managing Director & CEO

Mr. Lalwani holds a Master’s Degree of Commerce from the Gujarat University and is also a Chartered Accountant. He has over 15 Years of experience in Distressed Assets and Financial Services Business. Mr. Lalwani has been instrumental in setting and scaling up Omkara ARC’s Operations. Prior to being the Managing Director & CEO of Omkara ARC, he was the founder director of the Areion Group - providing various services related to advisory of Stressed Assets, Insolvency Professionals, and Asset Management Company (Fund). He has driven various deals and enjoys good relationships with financial institutions and Investors. Early in his career he has worked across sectors viz. Iron & Steel, Real Estate, Hospitality, Educational, Health, Textile, and Automotive, as part of corporate restructurings and special situations.

Mr. Ajeet Nandkishore Taparia
President & Chief Operating Officer

A distressed asset investment professional having qualifications viz. Chartered Accountancy, Master of Commerce and Bachelor of Law. Ajeet also holds with him experience of more than a decade of domain knowledge. Having demonstrated track record of investment management, structuring and exits with leadership capabilities in organization building.

Prior to joining Omkara ARC as President & Chief Operating Officer, he was associated with one of the largest platforms for stressed assets investing in India at JM Financial Group as Senior Vice President. His experience at the senior management covers both business development and resolution of stress accounts. He has broad and diversified insights in all functional areas of banking such as Investments, Recovery, Operations, Corporate Banking, Project Appraisal, Resources, etc with major strength and experience in resolving stress assets.

He has handled many large stressed groups / accounts including several operating units during his prior stint with JM Financial ARC and Invent ARC. Have successfully led team of professionals in highly competitive situation to achieve organisational goals.

Mr. Sanjay Babulal Chokshi
Chief Financial Officer

Mr. Chokshi graduated with First Class from the H.R. College of Commerce and is a Member of the Institute of Chartered Accountants of India (ICAI). He has also done a Diploma in Systems Audit from the ICAI, participated in a course on Direct Tax Avoidance Agreements organised by the Bombay Chartered Accountants Society and course on Foreign Exchange Management Act organised by the Chamber of Tax Consultants. He was a senior Partner in the Chartered Accountant Firm – D. R. Mehta & Associates. He brings with him a vast practice experience of more than 25 years in the field of taxation and finance including international tax and FEMA. He is also the Co-opted Member of Information & Technology Initiative Committee of Bombay Chartered Accountants Society and Vice Chairman of the Study Circle and Study Group Committee of Chamber of Tax Consultants.

Mr. Bodhraj Kishore
Senior Vice President

Mr. Kishore is a senior legal professional with post-graduation in Laws (LL.M.) from the Lucknow University and is also a Life Member of the Indian Law Institute. He also has additional qualifications in areas of IBC, Personnel Management, Merchant Banking, Mutual Fund etc.

He brings with him more than three and half decades of work experience as a Specialist Officer in the legal field at National as well as State Level Financial Institutions in diverse capacities. He is also an avid writer and a law enthusiast. To his credit, are several Articles on socio-Legal problems & a book entitled as ‘Enforcement of Right of SFCs’ published in 1992. His recent contribution is “RBI's Fair Practices Code For Asset Reconstruction Companies – A Respite Or Woe” in a prominent national legal portal.

During his long stint with the UTI Mutual Fund, he led a team responsible for NPA management & litigation. Thereafter, he has been continuously associated with Asset Reconstruction Companies. Prior to Omkara, he successfully led a team of professionals at CFMARC and Invent ARC; in a highly competitive environment to achieve organizational goals.

Presently, Mr. Kishore leads the Omkara Legal team and has been instrumental in streamlining the legal function by formulating and standardizing systems and procedures covering the entire scope and functions of the legal team.

Ms. Kanika Maheshwari
Senior Vice President

Ms. Maheshwari has completed her MBA (Finance) from the International Management Institute, New Delhi and is a CFA Charterholder. She is a finance professional with over 15 years of experience in the entire Corporate Loan cycle from Lending to Resolution. Previously, she has worked with ICICI Bank where she has held various roles in Special Situations Group, Corporate Banking and Mortgages in India and the United States. Ms. Maheshwari's prior experience also includes Asset Reconstruction Company India Limited (Arcil) where she worked in the Resolution Team. She joined Omkara ARC as the Vice President and handles the Resolution Team.

Mr. Chintan Shah
Vice President

Mr. Shah completed his CFA-USA (3 Levels) and holds a Master’s degree in Finance & Accounting. He has more than 10 years of experience in distressed debt & ARC industry. Prior to joining Omkara ARC, he was the Assistant Vice President at Suraksha ARC whereby he was leading the business development activities of the company by establishing relationships with Banks at various levels for sourcing of fresh deals & debt aggregation for existing transactions. He was previously associated with Special Situation Advisors India Pvt Limited as Senior Vice President where he led the execution in the transaction advisory group covering more than fifty portfolio acquisitions & due-diligence. He has also worked at A. C. Nielson ORG as a Research Analyst in the initial phase of his career. He brings with him strong working relationships with domestic banks, distressed debt investors, asset reconstruction companies and business leaders coupled with strong work ethics.

Ms. Sujata Mukherjee
Company Secretary

Ms. Mukherjee has completed her Bachelor in Law from New Law College, Bharati Vidyapeeth University, Pune and obtained her Masters degree (LLM.) from National Law University, Jodhpur. She is also a qualified Company Secretary and got her membership number from the Institute of Company Secretaries of India in July, 2017. Though she started her career in the Debt Recovery Tribunal, Kolkata, she later went on to work in the Secretarial Department of ITC Limited, Kolkata.