nsl group logo
  • Home
  • Careers
  • Contact Us
  • board directors

    About Us » Board of Directors

    NSL Sugars Limited is part of the prestigious NSL Group. The company’s organizational structure comprises of distinguished & experienced stalwarts on the board with Chairman, four independent directors, two executive directors & four non-executive promoter directors.

    The constitution of Board is in line with the requirement of section 149 of the Company`s Act, 2013 and SEBI guidelines applicable for listed companies which states that at least one third of the Board strength should comprise of independent directors. Company is also having the woman director as required under the provisions of the Companies Act, 2013 and as per SEBI guidelines for the listed companies.

    Non Executive Directors

    • Mr. G R Chintala, Non Executive Chairman
      Mr. G R Chintala, Non Executive Chairman


      Shri G R Chintala an Ex-Chairman of NABARD took over as Sugars Chairman. Soon after his graduation from Acharya N.G. Ranga Agriculture University, Shri Chintala did his Post Graduation in Seed Science and Technology from the renowned Indian Agricultural Research Institute, New Delhi.

      Before taking over as Sugar Chairman, he was Chairman NABARD and was associated with it in many senior executive positions such as Chairman of NABARD Consultancy Services (NABCONS) Ltd., NABVENTURE Ltd. and NABFOUNDATION. He was on the Board of prestigious institutions like Institute for Rural Management (IRMA), DICGC and on the Advisory Board of IIM-Ahmedabad.

      His vast experience of over 35 years in NABARD includes digitization of the world’s largest microfinance program under project ‘e-Shakti’, “Roadmap for Amalgamation of Regional Rural Banks”, promoting and nurturing Farmer Producers Organizations (FPOs), Livelihood Enterprise Development Programs, Area Development Schemes and Alternative energy models.

      Continuing his core vision of serving Indian agricultural and rural development, he has joined NSL Sugars, which is a major player in agro sector.

    Executive Directors

    • Mr. Y V K Rao, Whole-time Director
      Mr. Y V K Rao, Whole-time Director


      Mr.YasangiVenkata Krishna Rao – Whole-time Director.

      Mr.YasangiVenkata Krishna Rao, is a Commerce Graduate and also a Post Graduate from Osmania University in Computer Application (MCA). He is also a Micro Soft Certified Professional.

      He has wide experience and strong foot hold on General Administration, liaison, Public Relations, and related activities and sugar plant operations. Before joining NSL, he worked with Tech Mahindra and Picasso Digital.

    Independent Directors

    • Mr. N. Sambasiva Rao, Independent Director
      Mr. N. Sambasiva Rao, Independent Director
      B.Sc. and M.Sc.(Agri)


      Mr. N. Sambasiva Rao has completed his B.Sc. and M.Sc. in Agriculture from Allahabad University, Post Graduate Diploma in Japanese Management from Shingo Institute of Japanese Management and Post Graduate Diploma in Management from University of Indianapolis, USA.

      Mr. N. Sambasiva Rao retired as a Managing Director of M/s. Krishak Bharati Cooperative Limited (KRIBHCO) from April 2014 to December 2019. After taking charge as Managing Director of KRIBHCO Mr. N. Sambasiva Rao was instrumental in implementing new initiatives to resolve all deficiencies, which have resulted in better functioning of business operations across organization and better synergy has been achieved.

      Mr. N. Sambasiva Rao previously worked with Food Corporation of India, E.I.D. Parry Indi Limited, Pyrites Phospates & Chemicals Limited, Nagarjuna Fertilizers and Chemicals Limited and Krishak Bharati Cooperative Limited.
    • Mr. K.A. Somayajulu, Independent Director
      Mr. K.A. Somayajulu, Independent Director
      B.com. and CAIIB


      Mr. K.A. Somayajulu retired as Chief General Manager of Central Bank of India on April 30, 2013, on superannuation with over 41 yrs of experience in Commercial Banking, Corporate Credit, International Business, Treasury Operations, Merchant Banking, HRD and Credit Card Business. He has steered successfully the Bank’s Chennai and Hyderabad zones in the capacity of Zonal Head and achieved new milestones in the business of the Bank.

      During his tenure as Zonal Head, Hyderabad Zone (2004-07) and Chennai Zone (2007-08) covering all the states of Southern India, Mr. Somayajulu has substantially enlarged the Corporate Credit of the Bank by establishing rapport with Large Corporate houses. The performance of the Bank reflected robust growth in terms of Corporate Credit, Priority Sector, SME and Agricultural lending during his tenure as Zonal Head.

      He effectively participated and deliberated on the investment and financial decisions of these entities with his professional acumen. He was also a member of the International Chamber of Commerce and the Chairman of the Editorial Committee of Indian Banks’ Association.

      Immediately after retirement from Central Bank of India, Mr. Somayajulu was appointed in Centbank Financial Services Ltd., Mumbai (wholly owned subsidiary of Central Bank of India) as Advisor for a period of one year, to enhance the image of the Company.

      After retirement from Central Bank of India, Mr. Somayajulu has been appointed as Independent Director on the Boards of Twelve Companies of GMR Group, Future Group and NSL Group and gained adequate experience in the field. At present he is on the Boards of following Companies as Independent Director:

      • 1. GMR Pochanpalli Expressways Limited.

      • 2. GMR Tambaram Tindivanam Expressways Limited.

      • 3. Future Market Networks Limited.

      • 4. NSL Krishnaveni Sugars Limited.

    Promoters & Non-Executive Directors

    • Mr. M Prabahkar Rao, Director
      Mr. M Prabahkar Rao, Chairman, NSL Group
      Chairman & Managing Director, Nuziveedu Seeds Limited


      Dear Stakeholders,
      It’s a great privilege to share that we are among few groups to have diversification and strategy in our business. NSL Group is building world-class brands, creating enduring values and providing sustainable livelihoods for farmers and nation. It’s a new paradigm of competitiveness positioning NSL Group for the challenges of tomorrow.

      NSL brand was built on the premise of quality & commitment to the customers. NSL is today acclaimed as a big leader in a variety of business verticals span across India in the form of numerous milestone projects. Agility and scalability have accorded the company a strong delivery platform, capable of handling all variety of projects of any size and scale.

      Quality is the key driver that influences the functionality of NSL, quality that evokes true customers delight. NSL functionality is built around the concept of delivering a promise called quality within the stipulated time and cost. Today, I am happy to see that the organization has made rapid strides in evolving as a brand that brings delight to its external and internal stakeholders.

      Over Journey:

      The NSL Group started in the mid '70s with a seeds company. Since then we have diversified strategically into a variety of agri-based businesses, as well as into the fields of infrastructure and power, where India has enormous future needs.

      NSL group is “One of India’s fastest growing business groups” guided by a powerful vision to take our place as one of India's leading industrial groups, and a leader in every field we operate in. We're working hard to realize that vision, driven by our core strengths, and backing the effort with investments of over Rs. 200 billion. We aspire to be a group with Rs. 100 billion in revenues and a market cap of over Rs. 250 billion by 2020.

      What is it that makes the NSL Group stand apart?

      • Our proven entrepreneurial strengths.
      • Our insistence on excellence.
      • Our robust business models.
      • Our investments in technology.
      • Our strong execution capabilities
      • Our track record of delivering, in everything we’ve undertaken.

      Corporate Social Responsibility: NSL Group always gives prime importance to CSR, we believe in the responsibility of a corporation such as ours to the society it lives in, and the need for it to contribute to the betterment of that society. We have therefore set up the Mandava Foundation to pursue that goal. The Foundation has identified four basic need areas in which we can most significantly impact society, education, healthcare, employment generation and the transfer of knowledge to the Indian farmer.

      The operational results of NSL Sugars Limited have shown considerable improvement over the previous years. For the year 2018 -19 we have to enhance our crushing capacity with the help of value addition in all the areas.

    • Mrs. M Asha Priya, Woman Director
      Mrs. M Asha Priya, Woman Director
      M.Sc ( Home Science) PG Diploma in journalism


      Mrs. M. Asha is presently the woman director of NSL Sugars Ltd. She also holds the directorship position in other verticals of the group. She is actively involved in social activities in upliftment of rural Education and health.
    • Mr. M Venkatram Chowdary, Director
      Mr. M Venkatram Chowdary, Director
      BBA & Business Management


      Mr. M Venkatram Chowdary, more commonly known as Venkat, is an young & dynamic prospective entrepreneur hailing from the well-known business family in Andhra Pradesh. Mr. Venkat inherits business acumen and provides the dynamic leadership to the fastest growing NSL Group’s business arm. Mr. Venkat is a great admirer of his father Mr. Prabhakar Rao and Grandfather Sri. M Venkatramaiah and would like to prove himself as successful businessman following in their footsteps. Mr. Venkat is already a part of the senior management team at NSL Textiles Limited, a part of Hyderabad based NSL Group, as he holds the position of Whole Time Director. He oversees the operations of Textile units right from Ginning to Fabric production.