
Private equity, private credit and real-estate funds that don't employ leverage except for operating needs. The largest AIF category.
MITCON Impact Investment Trust is a SEBI-registered Category II Alternative Investment Fund (IN/AIF2/21-22/0903), registered on July 1, 2021, and managed by MITCON Consultancy & Engineering Services Limited (CIN: L74140PN1982PLC026933). The fund is headquartered at First Floor, Kubera Chambers, Shivajinagar, Pune 411005. MITCON Consultancy & Engineering Services Limited was incorporated in 1982 (formerly MITCON Consultancy Services Limited, renamed October 2010) and is listed on NSE Emerge. The company's major shareholders include banks and financial institutions. It operates through three primary segments: Consultancy and Training, Project Services, and Wind Power Generation. MITCON's domain knowledge spans diverse infrastructure sectors including urban and social infrastructure, industrial segments, agriculture, renewable energy (solar, wind, biomass, bioethanol), biofuels, green chemistry, environment management, skill development, and satellite-based AI/ML solutions for precision agriculture. In addition to the AIF, MITCON runs MITCON Credentia Trusteeship Services Limited as a SEBI-registered debenture trustee (IND000000596). The MITCON Impact Investment Trust is a Category II AIF managed by the consultancy's financial and investment division, enabling deployment of institutional capital into impact-oriented projects aligned with MITCON's core competencies.
Ankita Agarwal
Regional Head - Business Development & Strategy (South India) | Senior Vice President and Head of Compliance & Legal
Ms. Ankita Agarwal oversees the complete secretarial and governance framework across all MITCON Group entities, including MITCON Consultancy & Engineering Services Limited (NSE-listed) and MITCON Credentia Trusteeship Services Limited (SEBI-registered Debenture Trustee). Her responsibilities span the full spectrum of corporate legal and secretarial governance. In her expanded role as Regional Head - South India, she simultaneously leads MITCON's Bengaluru operations, driving business development and client engagement across Karnataka, Tamil Nadu, Andhra Pradesh, Telangana, and Kerala. Under her leadership, MITCON Bengaluru has built a strong presence across the Group's ten service verticals, spanning Environmental Advisory, ESG & Sustainability, Energy, Carbon Management, Skill Development, Infrastructure, and Trusteeship Services, actively partnering with Government of Karnataka departments, PSUs, and private sector clients to position MITCON as South India's premier technical consulting and sustainability advisory partner.
Ram Mapari
Chief Financial Officer
CFO of MITCON Consultancy & Engineering Services Limited with over 38 years of experience in finance. Responsible for overall finance of MITCON and its Group Companies.
Anand Chalwade
Managing Director
Chemical Engineer (Indian Institute of Chemical Technology formerly UDCT, Mumbai, 1994)
He is a Chemical Engineer (Indian Institute of Chemical Technology formerly UDCT, Mumbai, 1994). He has 24 years of corporate experience across industries with leading Indian conglomerates. He has worked in many big Industries such as Reliance Industries Limited (Fibre Intermediates), Raymond Limited (Textile), Essel Group (Satellite & Cable Television), Asset Reconstruction Company (India) Limited. He also worked in Essel Group as an Executive Vice President where he was having an exposure for creating infrastructure vertical at Essel Group as CFO of Essel Infra projects limited. Anand Chalwade is a Director at M/S. Shrikhande Consultants Limited within the MITCON group. He also serves as a Director on the boards of M/S. Areion Assets Management Private Limited and M/S. Florem Multiventures Private Limited.
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Dr. Sandeep Sukhadeo Jadhav
President | Environment Management & Engineering Services
M.Sc., Ph.D. (Life Sciences)
He holds a Master's of Science degree and a Ph. D. in Life sciences. He has over 20 years of work experience in the field of environment, conservation and pollution ecology. He is having research experience on DAE-BRNS project of University of Pune and BARC. Worked with Science and Technology Park, promoted by Department of Science and Technology, Govt. of India. He is accredited by Quality Council of India- NABET as an EIA professional. Recognized by MoEF & CC as a Govt. analyst for Environmental testing. Worked as expert member appointed by High Court of Bombay.
Ajay Agarwal
BoardNon-Executive Director
MBA (Finance), B.Com
He has completed his MBA (Finance) from Jamnalal Bajaj Institute of Management, Mumbai, 1988 and B.Com from H. R. College, Mumbai. He worked as a Managing Director in Greater Pacific Capital Private Limited. for the year 2010 to 2015. He also worked as a Head in ENAM Holdings Private Limited for the year 2007-2010 and as an Executive Director Fund Management in ENAM Asset Management Co Private Limited for the year 2002-2007 and he also worked as an Entrepreneur in DELTA Group for the year 1987-2002. Ajay Arjunlal Agarwal is a Director at M/S. MITCON Impact Asset Management Private Limited within the MITCON group. In addition, he serves as a Director on the boards of M/S. Delta Properties Private Limited and M/S. Fundsguide India Private Limited.
Chaitanya Chinthapalli
BoardIndependent Director
Certified Banker; Master's Degree in Agriculture
Being a Certified-Banker with 35 years' experience, he holds a Master's Degree in Agriculture from G. B. Pant Agriculture University and has been Executive Director of Bank of India since 09 October 2017. Before this elevation, he was the General Manager & Chief Executive of Bank of India heading Singapore operations, overseeing operations of Cambodia, Vietnam, Indonesia, and Myanmar. He has held a Managerial position in various branches in India and abroad in various capacities like Head of Corporate Credit Branch, headed Project Finance with Technical Appraisal Department, and Vice President of the New York Branch. He has been nominated by the Banks Board Bureau as one of the key members of the Committee on Evolving Suitable Training and Development Programs for Management Personnel in PSBs. Chaitanya Chinthapalli serves as a Director at GVPR Engineers Limited and Ikshu Farms Private Limited.
Sanjay Ballal Phadke
BoardNon-Executive Director
B.E. (Mechanical Engineering), MMS (Finance), Wharton AMP
He has completed his Education from University of Pennsylvania - The Wharton School Advanced Management Program (AMP), Management, Leadership, Innovation (2015), Jamnalal Bajaj Institute of Management Studies MMS, Finance (1995 - 1997), Bharatiya Vidya Bhavans Sardar Patel College of Engineering, Bachelor of Engineering (B.E.), Mechanical Engineering (1990 - 1994). He has following experiences since 1994 till date such as Management Trainee at Special Steels, Summer Intern at H G Asia, Asst Vice President at ICICI Securities, Senior Manager at J.P. Morgan, Executive Director at HSBC, Senior Director at IDFC, Executive Vice President at Edelweiss Financial Services and EVP & Head - Global Platforms, Alliances & FI Business at Vayana Network. Sanjay Phadke currently serves as an Independent Director at M/S. MITCON Sun Power Limited and M/S. Krishna Windfarms Developers Private Limited within the MITCON group. Additionally, he is a Director on the board of Virtual Sense Global Technologies Private Limited.
Sudarshan Mohatta
BoardNon-Executive Director
A extremely competent professional with around 27 years of experience in the fields of banking and finance (Investment banking, distressed debt, project finance, debt syndication etc.) Smart Collaboration LLP (boutique investment banking business), SBI Capital Market Limited, ICICI Bank, World Bank, and Project Finance at the Industrial Development Bank of India are all past designated partners (IDBI), Outstanding achievements include debt syndication of over Rs 1 lakh crore (USD 15 billion) across sectors with a particular focus on power, road, port, steel, mining, and others; buy side advisory for global funds for the acquisition of three steel assets (Rs 8,000 crore); sell side advisory for road and road related assets (Rs 2500 crore); and advisory for a fintech start-up that was acquired for more than Rs 300 crore. Sudarshan Mohatta serves on the board of MITCON Consultancy & Engineering Services Limited, along with the boards of M/S. Alterstep Ventures Private Limited, M/S. Alterstep Technologies Private Limited, and M/S. Beesley Consultancy Private Limited.
Ms. Sharada Sunder
BoardIndependent Woman Director
Chartered Accountant
She is an Executive Coach, Business Consultant, ex C-Suite Executive, Leadership Facilitator, Independent Director, Advisory Board member. A Chartered Accountant by qualification with unique blend of Finance and Business management roles. 25+ years of leadership experience in the corporate world with different functions & businesses, diverse teams and markets, PAN-India. She coaches leaders and professionals empowering them to achieve their goals. Areas of coaching include growth strategy, performance management, career growth planning, executive presence, culture and collaboration, enhancing confidence, people management, delegation, leadership communication. Sharada Sunder has been an Independent Director on the Board of the Company since August 23, 2024. She is also an Independent Director at H.G. Infra Engineering Limited.
Ms. Promila Agarwal
BoardIndependent Woman Director
PhD (Management Studies, University of Delhi)
She is an Associate Professor, Indian Institute of Management, Ahmedabad. She is PhD, Faculty of Management Studies, University of Delhi, MA in Applied Psychology, Department of Psychology, University of Delhi, BA (Hons.) in Psychology, University of Delhi. Expertise in the field of Human Resource Management, Organizational Behavior, Psychology - Neuroscience of Leadership: Psychology at Workplace, Psychometrics and Psychological Assessment. Received various Honors, Fellowships, Awards & Distinctions: Prof Indira Parikh 50 Women in Education Leader Award, World Education Congress; Aditya Birla Faculty Scholarship; Academy of Management Best Paper; Proceedings, Academy of Management held in Atlanta, USA; Think Tank Scholarship from Aon Hewitt.
Dr. Prakash Vaidya
BoardIndependent Director
B.E. (Chem. Engg.), M. Chem. Engg., PhD (Technology) in Chem. Engg.
B.E. (Chem. Engg.), M. Chem. Engg. and PhD (Technology) in Chem. Engg. Professor Prakash Vaidya is Rashtriya Chemicals and Fertilizers Chair in the Chemical Engineering Department at the Institute of Chemical Technology in Mumbai. He is an expert in catalysis, separations, and reaction engineering. He works in energy transition, especially promotion of carbon footprint reduction in the energy systems during the transition. He is one of India's leading chemical engineering scientists. He has made sustained, original and influential contributions to the art, science and application of chemical and process engineering over more than two decades. So far, he has authored 150 publications and 4 patents, and successfully guided 35 PhDs and 65 MTech scholars. He has been a Humboldtian, Liverpool University's India Fellow and Fellow of the Indian Chemical Society and Maharashtra Academy of Sciences. More recently, he was elected Fellow of the Institution of Chemical Engineers (UK) and Fellow of Royal Society of Chemistry (UK).
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