Sanjay V Bhandarkar named Additional Director & Non Executive Independent Director at TCS

Bhandarkar is the former Managing Director of Rothschild's Investment Banking operations in India

by e4m Staff
Published: Mar 5, 2025 2:21 PM | 2 min read

Sanjay V. Bhandarkar has been appointed as the Additional Director and Non-Executive, Independent Director by Tata Consultancy Services, who intimated the BSE about the development in a regulatory filing.

“This is to inform you that based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors has approved today, the appointment of Mr. Sanjay V. Bhandarkar (DIN: 01260274) as Additional Director and NonExecutive, Independent Director of the Company for a term of 5 years commencing from March 4, 2025 to March 3, 2030, subject to approval of the shareholders of the Company,” said the company.

Bhandarkar has over three decades of corporate finance, advisory and investment banking experience in the country. He is an independent, non-executive director on the boards of three listed companies – Tata Power Company Limited, S Chand & Company Limited and HDFC Asset Management Company Limited since late 2016 and on the board of the National Investment and Infrastructure Fund Limited as a shareholder nominee. He has been recently appointed as an Independent Non- Executive Director on the boards of Tata Projects Limited and Chemplast SanmarLimited.

He started his career with ICICI in 1990 and ISec, the joint venture between ICICI and JP Morgan, and then spent two years with Peregrine Capital. He was part of the founding team of Rothschild India in 1998 and played a key role in establishing Rothschild as a well-recognised and respected pure play advisory investment banking firm in India. He led the Rothschild India business from December 2005 to June 2016, when he stepped down from his full-time role.