DIRECTOR :
VIVEK CHAAND SEHGAL
As On :
Friday, 22 November 2024
Total Page Views : 23 Name | VIVEK CHAAND SEHGAL |
Total Companies | 16 |
First Appointment Date | Tuesday, 22 November 1983 |
Last Resigned Date | Thursday, 17 September 2015 |
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VIVEK CHAAND SEHGAL was appointed on Tuesday, 22 November 1983 with MOTHERSON AUTO LIMITED - DELHI - Total Tenure of 41 Year(s), 0 month(s), 0 day(s), and also appointed on Friday, 19 December 1986 with MOTHERSON SUMI SYSTEMS LIMITED - MUMBAI - Total Tenure of 37 Year(s), 11 month(s), 3 day(s), and also appointed on Monday, 20 July 1992 with MOTHERSON TECHNO TOOLS LIMITED - DELHI - Total Tenure of 32 Year(s), 4 month(s), 2 day(s), and also appointed on Thursday, 09 October 1997 with KYUNGSHIN INDUSTRIAL MOTHERSON PRIVATE LIMITED - DELHI - Total Tenure of 27 Year(s), 1 month(s), 13 day(s), and also appointed on Thursday, 09 December 2004 with SAMVARDHANA MOTHERSON INTERNATIONAL LIMITED - MUMBAI - Total Tenure of 19 Year(s), 11 month(s), 13 day(s), and also appointed on Thursday, 09 December 2004 with MOTHERSON CONSULTANCY PRIVATE LIMITED - DELHI - Total Tenure of 19 Year(s), 11 month(s), 13 day(s), and also appointed on Monday, 26 June 2006 with BALDA MOTHERSON SOLUTION INDIA LIMITED - DELHI - Total Tenure of 18 Year(s), 4 month(s), 26 day(s), and also appointed on Monday, 23 April 2007 with FRITZMEIER MOTHERSON CABIN ENGINEERING PRIVATE LIMITED - DELHI - Total Tenure of 17 Year(s), 6 month(s), 29 day(s), and also appointed on Tuesday, 02 October 2007 with CALSONIC KANSEI MOTHERSON AUTO PRODUCTS PRIVATE LIMITED - DELHI and resigned on Tuesday, 02 October 2007. - Total Tenure of 0 Year(s), 0 month(s), 0 day(s), and also appointed on Wednesday, 16 April 2008 with MARELLI MOTHERSON AUTOMOTIVE LIGHTING INDIA PRIVATE LIMITED - DELHI - Total Tenure of 16 Year(s), 7 month(s), 6 day(s), and also appointed on Thursday, 17 September 2015 with MOTHERSON BERGSTROM HVAC SOLUTIONS PRIVATE LIMITED - DELHI and resigned on Thursday, 17 September 2015. - Total Tenure of 0 Year(s), 0 month(s), 0 day(s), and also appointed on Monday, 05 February 2018 with RENU FARMS PRIVATE LIMITED - DELHI - Total Tenure of 6 Year(s), 9 month(s), 17 day(s), and also appointed on Wednesday, 24 April 2019 with SHRI SEHGALS TRUSTEE COMPANY PRIVATE LIMITED - DELHI - Total Tenure of 5 Year(s), 6 month(s), 28 day(s), and also appointed on Friday, 06 December 2019 with HERO FINCORP LIMITED - DELHI - Total Tenure of 4 Year(s), 11 month(s), 16 day(s), and also appointed on Thursday, 02 July 2020 with MOTHERSON SUMI WIRING INDIA LIMITED - MUMBAI - Total Tenure of 4 Year(s), 4 month(s), 20 day(s), and also appointed on Thursday, 02 July 2020 with MOTHERSON SUMI WIRING INDIA LIMITED - MUMBAI - Total Tenure of 4 Year(s), 4 month(s), 20 day(s)
Vivek Chaand Sehgal was just 18 when he started his trading outfit. His partner in his maiden entrepreneurial journey was his mother, hence the name Motherson. She was also the one who gave him his first ‘seed capital’ of INR 1,000 to start trading and to make electrical wires. Today, this first-generation entrepreneur is the Chairman of Motherson Sumi Systems Ltd. (MSSL), flagship company of Samvardhana Motherson Group (SMG) with reported sales in excess of INR 38,000 crore (March 16). He also features in the Forbes India List of the 100 Richest People.
Mr Sehgal has led SMG from a single product, single location entity to a market leadership position in the auto-component industry, serving Original Equipment Manufacturers (OEMs) globally.
Striking a balance between organic and inorganic growth, Mr Sehgal has always looked at acquisitions which bring strategic value. A major acquisition was the rear-view mirror business from Visiocorp PLC, UK, one of the largest global manufacturers of rearview mirrors, in March 2009. In 2011, the Group acquired Peguform, a €1.34 billion company, which is one of the leading suppliers of modules and molded polymer products to the automotive industry in Europe. These acquisitions heraldedSMG to attain an established global Tier-I supplier status, with most of the major automobile manufacturers as its customers. SMG has consistently explored the inorganic route with 17 acquisitions and 24 joint venture partners. His approach of acquiring distressed companies in the EU and the US has paid rich dividends.
Mr Sehgal also moved MSSL up the auto component value chain, providing complete solutions including product design, tooling, moulding, assembly and supply of integrated modules (dashboard and door modules) to all the best of the car makers in the world, even as it consolidated its global market share in the rear view mirrors business. By diversifying its product range and increasing its geographical footprint to 26 countries, the Group has de-risked its business model.
For his exceptional leadership and strategic vision, Business Standard presented Mr Sehgal with the ‘CEO of The Year Award for 2015’, while MSSL was awarded ‘Company of the Year Award for 2014’. MSSL ranked first in the Institutional Investor’s All-Asia Executive Team rankings 2016 for transparency, trust, and access to top executives. Rank | Logo | CIN | Company Name | City | Appointed Date | Resign Date | Date of Incorporation | Status |
23163 | | U74899DL1983PLC016995 | MOTHERSON AUTO LIMITED | DELHI | Tuesday, 22 November 1983 | | Tuesday, 22 November 1983 | |
104 | | L34300MH1986PLC284510 | MOTHERSON SUMI SYSTEMS LIMITED | MUMBAI | Friday, 19 December 1986 | | Friday, 19 December 1986 | |
69072 | | U74999DL1992PLC049607 | MOTHERSON TECHNO TOOLS LIMITED | DELHI | Monday, 20 July 1992 | | Monday, 20 July 1992 | |
11785 | | U55101DL1997PTC090104 | KYUNGSHIN INDUSTRIAL MOTHERSON PRIVATE LIMITED | DELHI | Thursday, 09 October 1997 | | Thursday, 09 October 1997 | |
1723 | | U74900MH2004PLC287011 | SAMVARDHANA MOTHERSON INTERNATIONAL LIMITED | MUMBAI | Thursday, 09 December 2004 | | Thursday, 09 December 2004 | |
1376132 | | U74140DL2004PTC131119 | MOTHERSON CONSULTANCY PRIVATE LIMITED | DELHI | Thursday, 09 December 2004 | | Thursday, 09 December 2004 | |
1100045 | | U64201DL2005PLC142759 | BALDA MOTHERSON SOLUTION INDIA LIMITED | DELHI | Monday, 26 June 2006 | | Monday, 21 November 2005 | |
10230 | | U31908DL2007PTC162125 | FRITZMEIER MOTHERSON CABIN ENGINEERING PRIVATE LIMITED | DELHI | Monday, 23 April 2007 | | Monday, 23 April 2007 | |
8247 | | U34102DL2007PTC168779 | CALSONIC KANSEI MOTHERSON AUTO PRODUCTS PRIVATE LIMITED | DELHI | Tuesday, 02 October 2007 | Tuesday, 02 October 2007 | Friday, 28 September 2007 | |
4754 | | U31500DL2008PTC174123 | MARELLI MOTHERSON AUTOMOTIVE LIGHTING INDIA PRIVATE LIMITED | DELHI | Wednesday, 16 April 2008 | | Friday, 15 February 2008 | |
25083 | | U29292DL2010PTC211024 | MOTHERSON BERGSTROM HVAC SOLUTIONS PRIVATE LIMITED | DELHI | Thursday, 17 September 2015 | Thursday, 17 September 2015 | Thursday, 02 December 2010 | |
1356258 | | U70200DL2015PTC281236 | RENU FARMS PRIVATE LIMITED | DELHI | Monday, 05 February 2018 | | Monday, 08 June 2015 | |
747062 | | U93000DL2014PTC266604 | SHRI SEHGALS TRUSTEE COMPANY PRIVATE LIMITED | DELHI | Wednesday, 24 April 2019 | | Thursday, 20 March 2014 | |
5248 | | U74899DL1991PLC046774 | HERO FINCORP LIMITED | DELHI | Friday, 06 December 2019 | | Monday, 16 December 1991 | |
1678607 | | U29306MH2020PLC341326 | MOTHERSON SUMI WIRING INDIA LIMITED | MUMBAI | Thursday, 02 July 2020 | | Thursday, 02 July 2020 | |
1718 | | L29306MH2020PLC341326 | MOTHERSON SUMI WIRING INDIA LIMITED | MUMBAI | Thursday, 02 July 2020 | | Thursday, 02 July 2020 | |
Suit Filed accounts of Rs. 25 Lacs and above Total Suit Filed : 0
# | Category | Bank / FI | Branch | Outstanding Amount In Lacs | Asset Classification | Date Of Classification | Suit |
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