Indian Company Master Data Made Simple
Munjal Auto Industries Limited
Munjal Auto Industries Limited, with incorporation dating back to 1985, brings more than 4 decades of expertise. The company is identified by CIN L34100GJ1985PLC007958 and reg. no. 7958. The firm is categorized as company limited by shares. The company’s authorized capital value is ₹25.00 crore. The total paid-up share capital is ₹20.00 crore.
The main line of business is manufacture of motor vehicles. The firm’s place of registration is Ahmedabad. The company is incorporated with the address 187 Gidc Estate Waghodiadistt, Baroda, Gujarat, India, 391760. It is an active company at present. According to official records, the company’s PAN is AAACG8588L. Munjal Auto Industries Limited holds the LEI code 33580057AEJOKEDSKB28. The firm’s registered email for correspondence is cs@munjalauto.com. The executive leadership listing includes Brham Prakash Yadav (CFO).
Company Overview
- CIN
- Date of Incorporation
- 11/07/1985
- Company Status
- Active
- RoC
- Ahmedabad
- Registration Number
- Balance sheet date
- 31/03/2024
- Company Category
- Company limited by shares
- Company Sub Category
- Non-government company
- Listed in Stock Exchange
- Yes
- Class of Company
- Public Limited Company
- LEI Number
- LEI Status
- Issued
- Authorized Capital
- ₹25,00,00,000.00
- Paid up Capital
- ₹20,00,00,000.00
- Activity
- Manufacture of motor vehicles
- cs@munjalauto.com
- PAN
GST Numbers
| State | GST Number | Status |
|---|---|---|
| Gujarat | 24AAACG8588L1Z2 | Active |
| Haryana | 06AAACG8588L1Z0 | Active |
| 06AAACG8588L3ZY | Active | |
| 06AAACG8588L2ZZ | Active | |
| Maharashtra | 27AAACG8588L1ZW | Inactive |
| Rajasthan | 08AAACG8588L1ZW | Inactive |
| Uttarakhand | 05AAACG8588L1Z2 | Active |
ISIN Numbers
| ISIN | Security | Interest Rate | Maturity Date | FISN | CFI |
|---|---|---|---|---|---|
| INE672B01032 | MUNJAL AUTO INDUSTRIES LIMITED EQ NEW FV RS. 2/- | - | 12/10/2026 | MUNJAL AUTO IND/SH VTG | ESVUFN |
| IN8672B01015 | MUNJAL AUTO INDUSTRIES LIMITED EQ LISTING/TRADING APPROVAL AWAITED | - | 12/10/2026 | MUNJAL AUTO IND/SH VTG | ESVUFN |
Balance Sheet
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 | 31/03/2018 | 31/03/2017 | 31/03/2015 | 31/03/2014 |
|---|---|---|---|---|---|---|---|---|---|
| Net PPE | ₹46,584.37L | ₹45,630.19L | ₹40,522.28L | ₹42,272.25L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Debt | ₹23,819.32L | ₹15,035.48L | ₹9,452.16L | ₹8,963.59L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Goodwill | ₹46.05L | ₹46.05L | ₹46.05L | ₹46.05L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Gross PPE | ₹68,337.31L | ₹64,896.67L | ₹58,004.62L | ₹57,484.26L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Inventory | ₹28,280.77L | ₹23,149.27L | ₹20,880.67L | ₹20,823.96L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Debt | ₹42,343.58L | ₹35,000.57L | ₹27,630.89L | ₹28,161.71L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Common Stock | ₹2,000.00L | ₹2,000.00L | ₹2,000.00L | ₹2,000.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Current Debt | ₹20,175.20L | ₹11,765.71L | ₹8,169.34L | ₹6,589.18L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Share Issued | ₹1,000.00L | ₹1,000.00L | ₹1,000.00L | ₹1,000.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Assets | ₹1,45,529.39L | ₹1,24,116.56L | ₹1,21,782.99L | ₹1,27,564.52L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Capital Stock | ₹2,000.00L | ₹2,000.00L | ₹2,000.00L | ₹2,000.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Long Term Debt | ₹4,816.93L | ₹3,912.64L | ₹1,834.34L | ₹3,188.53L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Current Assets | ₹92,498.26L | ₹72,964.29L | ₹76,332.28L | ₹81,026.63L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Prepaid Assets | ₹7,384.79L | ₹5,023.92L | ₹3,427.77L | ₹2,650.11L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Working Capital | ₹19,349.56L | ₹18,022.45L | ₹18,496.53L | ₹16,854.02L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Invested Capital | ₹69,746.83L | ₹57,247.97L | ₹50,123.00L | ₹48,211.13L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Other Properties | ₹1,413.99L | ₹2,294.72L | ₹39,607.41L | ₹41,449.72L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Retained Earnings | ₹40,955.48L | ₹37,935.40L | ₹36,296.26L | ₹34,447.25L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Common Stock Equity | ₹44,754.70L | ₹41,569.62L | ₹40,119.32L | ₹38,433.42L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Tangible Assets | ₹44,640.04L | ₹41,402.60L | ₹39,923.99L | ₹38,300.89L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Tangible Book Value | ₹44,640.04L | ₹41,402.60L | ₹39,923.99L | ₹38,300.89L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Current Liabilities | ₹73,148.70L | ₹54,941.84L | ₹57,835.75L | ₹64,172.61L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Long Term Provisions | ₹3,173.09L | ₹2,772.21L | ₹1,912.39L | ₹1,259.83L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Stockholders Equity | ₹44,754.70L | ₹41,569.62L | ₹40,119.32L | ₹38,433.42L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Other Equity Interest | ₹0.02L | ₹0.01L | ₹38,119.32L | ₹36,433.42L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Capitalization | ₹49,571.63L | ₹45,482.26L | ₹41,953.66L | ₹41,621.95L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Investment Properties | ₹1,157.62L | ₹121.64L | ₹130.43L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Ordinary Shares Number | ₹1,000.00L | ₹1,000.00L | ₹1,000.00L | ₹1,000.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Other Intangible Assets | ₹68.61L | ₹120.97L | ₹149.28L | ₹86.48L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Other Non Current Assets | ₹0.02L | ₹0.05L | ₹0.03L | -₹0.01L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Non Current Assets | ₹53,031.13L | ₹51,152.27L | ₹45,450.71L | ₹46,537.89L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Cash And Cash Equivalents | ₹1,172.81L | ₹642.87L | ₹551.52L | ₹814.12L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Construction In Progress | ₹1,077.34L | ₹1,911.93L | ₹914.90L | ₹822.52L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Accumulated Depreciation | -₹21,752.94L | -₹19,266.48L | -₹17,482.34L | -₹15,212.01L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Other Short Term Investments | ₹11,633.46L | ₹12,870.74L | ₹17,074.55L | ₹10,448.74L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Machinery Furniture Equipment | ₹36,954.50L | ₹32,652.21L | ₹31,833.81L | ₹30,475.89L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Goodwill And Other Intangible Assets | ₹114.66L | ₹167.02L | ₹195.33L | ₹132.53L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Equity Gross Minority Interest | ₹46,661.16L | ₹42,816.85L | ₹41,087.12L | ₹39,437.41L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Liabilities Net Minority Interest | ₹98,868.23L | ₹81,299.71L | ₹80,695.87L | ₹88,127.11L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Current Debt And Capital Lease Obligation | ₹23,506.22L | ₹14,826.55L | ₹10,555.38L | ₹9,000.21L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Long Term Debt And Capital Lease Obligation | ₹18,837.36L | ₹20,174.02L | ₹17,075.51L | ₹19,161.50L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Cash Cash Equivalents And Short Term Investments | ₹12,806.27L | ₹13,513.61L | ₹17,626.07L | ₹11,262.86L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Non Current Liabilities Net Minority Interest | ₹25,719.53L | ₹26,357.87L | ₹22,860.12L | ₹23,954.50L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
Cash Flow
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 | 31/03/2018 | 31/03/2017 | 31/03/2015 | 31/03/2014 |
|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -₹2,865.97L | -₹4,072.31L | ₹8,614.04L | ₹399.02L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Changes In Cash | ₹529.95L | ₹91.34L | -₹262.59L | ₹561.26L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| End Cash Position | ₹1,172.81L | ₹642.85L | ₹551.52L | ₹814.12L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Financing Cash Flow | ₹1,753.24L | -₹1,519.93L | -₹5,254.95L | -₹6,489.27L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Investing Cash Flow | -₹5,690.34L | -₹924.73L | -₹7,725.20L | ₹3,713.09L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Operating Cash Flow | ₹4,467.05L | ₹2,536.00L | ₹12,717.56L | ₹3,337.44L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Capital Expenditure | -₹7,333.02L | -₹6,608.31L | -₹4,103.52L | -₹2,938.42L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Beginning Cash Position | ₹642.85L | ₹551.52L | ₹814.12L | ₹252.86L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Other Cash Adjustment Outside Changein Cash | ₹0.01L | -₹0.01L | -₹0.01L | ₹0.00L | -₹0.01L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
Income Statement
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2018 | 31/03/2017 | 31/03/2015 | 31/03/2014 |
|---|---|---|---|---|---|---|---|---|
| EBIT | ₹9,517.95L | ₹7,211.46L | ₹8,423.18L | ₹9,242.04L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| EBITDA | ₹16,061.40L | ₹13,121.90L | ₹13,995.15L | ₹14,543.94L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Income | ₹4,020.08L | ₹3,639.14L | ₹3,849.01L | ₹5,613.50L | ₹0.00L | ₹0.00L | ₹0.00L | ₹4,765.78L |
| Gross Profit | ₹46,906.52L | ₹49,106.49L | ₹45,692.90L | ₹37,778.04L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Pretax Income | ₹6,304.15L | ₹4,639.34L | ₹6,123.74L | ₹7,025.13L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Tax Provision | ₹1,688.68L | ₹732.63L | ₹2,320.80L | ₹1,863.08L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Revenue | ₹2,23,291.16L | ₹2,04,626.48L | ₹1,86,818.38L | ₹1,96,805.92L | ₹1,05,647.10L | ₹92,249.76L | ₹89,223.75L | ₹81,646.74L |
| Cost Of Revenue | ₹1,76,384.64L | ₹1,55,519.99L | ₹1,41,125.48L | ₹1,59,027.88L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Expenses | ₹2,14,460.88L | ₹1,97,678.12L | ₹1,80,297.67L | ₹1,92,898.23L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Interest Income | ₹62.80L | ₹68.54L | ₹36.47L | ₹33.14L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Interest Expense | ₹3,213.80L | ₹2,572.12L | ₹2,299.44L | ₹2,216.91L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Operating Income | ₹8,830.28L | ₹6,948.36L | ₹6,520.71L | ₹3,907.69L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Tax Rate For Calcs | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Normalized EBITDA | ₹16,216.30L | ₹13,287.02L | ₹12,171.50L | ₹9,194.36L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Normalized Income | ₹4,133.49L | ₹3,778.18L | ₹2,716.49L | ₹1,682.64L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Operating Expense | ₹38,076.24L | ₹42,158.13L | ₹39,172.19L | ₹33,870.35L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Operating Revenue | ₹2,23,291.16L | ₹2,04,626.48L | ₹1,86,818.38L | ₹1,96,805.92L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Interest Income | -₹3,798.11L | -₹3,029.79L | -₹2,715.50L | -₹2,672.93L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Unusual Items | -₹154.90L | -₹165.12L | ₹1,823.65L | ₹5,349.58L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Other Finance Cost | ₹647.11L | ₹526.21L | ₹452.53L | ₹489.16L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Other Operating Expenses | ₹13,959.27L | ₹13,523.49L | ₹13,313.19L | ₹11,258.52L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Reconciled Depreciation | ₹6,543.45L | ₹2,519.10L | ₹5,571.97L | ₹5,301.90L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Reconciled Cost Of Revenue | ₹1,76,384.64L | ₹1,55,519.99L | ₹1,41,125.48L | ₹1,59,027.88L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Rent Expense Supplemental | ₹368.45L | ₹257.21L | ₹193.33L | ₹154.27L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Tax Effect Of Unusual Items | -₹41.49L | -₹26.08L | ₹691.13L | ₹1,418.72L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Interest Income Non Operating | ₹62.80L | ₹68.54L | ₹36.47L | ₹33.14L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Selling And Marketing Expense | ₹1,414.21L | ₹1,106.44L | ₹1,014.85L | ₹1,116.04L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Interest Expense Non Operating | ₹3,213.80L | ₹2,572.12L | ₹2,299.44L | ₹2,216.91L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Income Common Stockholders | ₹4,020.08L | ₹3,639.14L | ₹3,849.01L | ₹5,613.50L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Income Continuous Operations | ₹4,615.47L | ₹3,906.71L | ₹3,802.94L | ₹5,162.05L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Diluted NIAvailto Com Stockholders | ₹4,020.08L | ₹3,639.14L | ₹3,849.01L | ₹5,613.50L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| General And Administrative Expense | ₹1,657.75L | ₹2,066.78L | ₹1,535.62L | ₹661.49L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Selling General And Administration | ₹3,071.96L | ₹3,173.22L | ₹2,550.47L | ₹1,777.53L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Otherunder Preferred Stock Dividend | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Unusual Items Excluding Goodwill | -₹154.90L | -₹165.12L | ₹1,823.65L | ₹5,349.58L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Non Operating Interest Income Expense | -₹3,798.11L | -₹3,029.79L | -₹2,715.50L | -₹2,672.93L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Income Including Noncontrolling Interests | ₹4,615.47L | ₹3,906.71L | ₹3,802.94L | ₹5,162.05L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Income From Continuing And Discontinued Operation | ₹4,020.08L | ₹3,639.14L | ₹3,849.01L | ₹5,613.50L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Income From Continuing Operation Net Minority Interest | ₹4,020.08L | ₹3,639.14L | ₹3,849.01L | ₹5,613.50L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
Company Performance (FY14–FY26)
Directors
| Appointment | Director name | DIN | Designation | |
|---|---|---|---|---|
| 30/09/1999 | Anju Sudhir Munjal | 00007867 | Whole-time director | View other directorships |
| 01/06/2010 | Anuj Munjal | 02714266 | Whole-time director | View other directorships |
| 29/10/2013 | Sudhir Kumar Munjal | 00084080 | Managing Director | View other directorships |
| 01/04/2020 | Avi Kersi Sabavala | 08246256 | Director | View other directorships |
| 29/10/2020 | Brham Prakash Yadav | *****9700B | CFO | |
| 18/04/2024 | Atul Haribhai Patel | 00009587 | Director | View other directorships |
| 18/04/2024 | Sameer Subhash Khera | 00009317 | Director | View other directorships |
| 18/04/2024 | Sunil Chinubhai Vakil | 02527630 | Director | View other directorships |
| 10/06/2024 | Gauri Yagnesh Bapat | *****2057Q | Company Secretary |
Business Network
Directors 9
- Sudhir Kumar MunjalManaging Director
- Anuj MunjalWhole-time director
- Anju Sudhir MunjalWhole-time director
- Atul Haribhai PatelDirector
- Sameer Subhash KheraDirector
- Sunil Chinubhai VakilDirector
- Avi Kersi SabavalaDirector
- Gauri Yagnesh BapatCompany Secretary
- Brham Prakash YadavCFO
Subsidiaries 1
- Indutch Composites Technology Private LimitedDirect
Latest Documents
| Date | Title | Size |
|---|---|---|
| 18/11/2024 | Form MGT-7-18112024 | - |
| 23/10/2024 | Form AOC-4(XBRL)-23102024_signed | - |
| 21/10/2024 | Form AOC-4(XBRL)-21102024 | - |
| 19/01/2024 | Form Addendum to AOC-4 CSR-19012024_signed | - |
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Direct/Ultimate Children
| Type | Legal Name | LEI code |
|---|---|---|
| Direct | Indutch Composites Technology Private Limited | 3358008E8J7IHPZKQU79 |
Address
Frequently Asked Questions
The current board member of Munjal Auto Industries Limited are:
- Anju Sudhir Munjal
- Avi Kersi Sabavala
- Anuj Munjal
- Sudhir Kumar Munjal
- Atul Haribhai Patel
- Sameer Subhash Khera
- Sunil Chinubhai Vakil