
Investing in change

Pradeep Kumar Panja
Independent Director
Pradeep Kumar Panja is the Chairman of Karnataka Bank Ltd with 40 years of valuable experience in finance and investment banking. Prior to this, he served as the Managing Director and Head of Corporate Banking of State Bank of India (SBI) and also had Board representations on several of its committees.
He is currently on the Board of several reputed companies, and a member of the Banks Board Bureau.

Akshay Jaitly
Independent Director
Akshay Jaitly is the co-founder of the leading Indian law firm, Trilegal, and President at 262 Advisors, Paris. With over 25 years of experience in the legal field, Mr. Jaitly has been an active advisor on cross-border strategy and risk management for businesses across the globe. He is also involved with research initiatives on policy reform in the Indian power and infrastructure sectors. At present, Mr. Jaitly is a Senior Advisor at Trilegal and a member of their board.

P. Vinay Kumar
Independent Director
P. Vinay Kumar is the founder of VARP Power and an industry veteran with rich experience of working at large power EPC companies and executing large-format T&D projects in India and Africa. Before his entrepreneurial venture, he was the CEO & MD of Brookfield Asset Management, India Renewables, responsible for clean energy asset acquisitions for portfolio growth. He was also the COO of Greenko Group and credited with building the world’s largest solar plant in India.

Hardik Shah
Non-Executive Director
Hardik Shah is the Managing Director at KKR & Co. Inc. As a member of KKR’s Asia-Pacific infrastructure team, he is responsible for its infrastructure investments in India. During his career spanning 15 years, he has led $4 billion of transactions in India across various infrastructure sectors such as Telecom Towers, Toll Roads, Airports, Energy Transportation, and Renewable Energy. Prior to joining KKR in 2018, he worked with the Macquarie Group and Brookfield.

Sanjay Grewal
CEO & Executive Director
Sanjay Grewal is an infrastructure and real estate industry veteran with over 30 years of track record in executing advisory and financing transactions worth over $20 billion. He has led landmark investments in diverse infrastructure sectors across India and other emerging markets in Asia. He has earlier worked with Altico, IDFC, Citi, Lehman Brothers, and International Finance Corp.
Management Team

Sanjay Grewal
CEO & Executive Director
Mr. Grewal is an infrastructure and real estate industry veteran with a 30 years plus track record of executing advisory and financing transactions worth over $20 billion. He has led landmark investments in diverse infrastructure sectors across India and other emerging markets in Asia. At Virescent, Mr. Grewal is responsible for planning and executing the strategy of the firm. He has earlier worked with Altico, IDFC, Citi, Lehman Brothers and International Finance Corp.

Parin Mehta
Chief Financial Officer
Parin Mehta has 18 years of experience across Investment Banking, Corporate Finance and Project Finance. He has a proven track record of advising infrastructure companies for equity raising,debt financing, bid advisory, M&A, capital markets and InvITs. At Virescent, Mr. Mehta is responsible for the entire finance function, specifically driving the M&A, corporate and project finance verticals. He has earlier worked with Edelweiss, PwC, IDFC and Standard Chartered Bank.

Atul Raaizada
Chief Operating Officer
Atul Raaizada comes with over 28 years of experience in projects & operations management across renewables and packaging industries in India and abroad.
At Virescent, he is responsible for the overall operations of the company including land acquisitions, technology, regulatory and CMS functions. Prior to Virescent, he was the President – Project, Operations, Land and New Technologies at Hero Future Energies. He has also worked with renewables leaders such as Suzlon and Greeninfra.

Meghana Singh
General Counsel
Meghana Singh is a transactional and advisory lawyer with over 15-year professional track record. She currently helms the legal and compliance function at Virescent. She has extensive experience in private practice with large law firms in India and Singapore. She has held leadership positions in the infrastructure and financial services sector and worked closely with renowned business houses and teams to establish systems for compliance and legal risk management. Before joining Virescent, she was the group general counsel for IL&FS.

Neeru Bafna
CHRO
Neeru Bafna is an HR Leader with 16 years of global experience in heading the entire spectrum of HR functions, building start-ups, and transforming matured organizations across diverse industries & geographies. At Virescent, she is responsible for the Human Resource function. She comes with a proven track record of accomplishing metrics-driven outcomes whilst championing diversity/inclusion & shaping high energy workforce to enhance profitability. She has earlier worked with Axis Bank, Eros International, Reliance Jio & TCS.
Key Policies
Policy on UPSI and dealing in units by the parties to the Trust | November 12, 2021 | View> |
Policy for Determining Materiality of Information | November 12, 2021 | View> |
HSE Policy | October 1, 2020 | View> |
ABC Policy | October 1, 2020 | View> |
Vigil Mechanism | January 20, 2021 | View> |
Risk Management | December 17, 2020 | View> |
Terms of appointment of ID | November 26, 2020 | View> |