APR Constructions Limited - Saffron Capital

years, Special Silver Award and The Illustrious Banker Award. He has over 42 years of experience in Banking. He
was associated with Bank of Baroda from 1957 until 1999.
Mr. Pulagam Harikrishna aged 36 years, is a Promoter and Managing Director of our Company. Mr. Pulagam
Harikrishna has been on the Board of our Company since inception of our Company. He holds a Bachelors degree in
Computer Science and Engineering from Bangalore Institute of Technology, Bangalore and Masters of Science
degree from Bradley University, Peoria, Illinois, United States of America. He has an experience of over 11 years, of
which 6 years is into construction business. He is responsible for formulating business strategies and steering the
operations of our Company viz., Business Development, Tendering, Price & Vendor Negotiations, Project
Implementation and Execution. Under his leadership, our Company ventured into new segments viz. Railways
projects and Road project.
Mrs. Adala Vindhyavali, aged 56 years, is a Promoter and Non – Executive Director of our Company. She has been
on the Board since the inception of our Company. She has passed Pre University Course from DMK College, Nellore,
Andhra Pradesh. She was also one of the partners in erstwhile partnership firm M/s A. Prabhakar Reddy & Co. She
has over 20 years of experience in the construction field.
Mr. Gunapati Murali Krishna Reddy, 48 years, is an Executive and Non – Independent Director of our Company.
He has been on the Board of our Company since inception. He started his career with erstwhile partnership firm M/s
A. Prabhakar Reddy & Co. He holds a Bachelors degree in Commerce from V.R. College, Nellore, Andhra Pradesh.
He has over 30 years of experience into construction segment. He has worked on different segments of Infrastructure
& Construction viz., Irrigation, Roads & Bridges, Railways, Tunnels and Industrial projects. He overlooks the
execution of various projects and is also responsible for project site management viz. equipment handling, material
procurement, labour management etc.. Under his leadership, our Company was able to execute a number of projects
like building of Dams, Spillway, Canal works, Railways and industrial projects.
Dr. Pellakuru Chandra Kiran Reddy, 37 years, is the Non Executive and Non Independent Director of our
Company. He was also a partner in the erstwhile partnership firm M/s A. Prabhakar Reddy & Co. He has been on the
Board since the inception of our Company. He holds a Bachelors degree in Dental Surgery from Ragas Dental
College & Hospital affiliated to The Tamil Nadu Dr. M.G.R. Medical University. His experience is spread across
diverse segments like infrastructure; Real Estate and Hotels.
Mr. Rama Murthy Miduthuri Venkata, 77 years, is the Non Executive and Independent Director. He has been on
the Board of our Company since September 29, 2007. He holds a Bachelors degree in Engineering from Madras
University. He has over 50 years of experience with Railways and Rail related projects. He was associated with
Indian Railways from 1958 until 1991. He has worked on a number of projects like construction of new railway lines,
bridges and structures; technical audit and administration; etc. He was associated with RITES Limited from 1991
until 1994 in the capacity of Advisor and General Manager for its projects at Hyderabad. Since 1994, he has been
associated with Balaji Railroad Systems Ltd. as Director (Technical).
BORROWING POWERS OF BOARD OF DIRECTORS
Pursuant to a resolution passed by the shareholders in accordance with the provisions of section 293(1)(d) of the
Companies Act, 1956, at the Extra Ordinary General Meeting held on December 23, 2006 our Board has been
authorized to borrow sums of money for the purposes of our Company on such terms and conditions and with or
without security as the Board of Directors may think fit, provided that the money or monies borrowed together with
the monies already borrowed by our Company does not exceed, a sum of `500 crores.
COMPENSATION AND BENEFITS TO THE MANAGING DIRECTOR / WHOLETIME DIRECTOR
Sr.
No.
Name of Director Designation Compensation paid for the
Financial Year 2009-10
1. Mr. Pulagam Harikrishna Managing Director `29,40,000/-
2. Mr. Gunapati Murali Krishna Reddy Wholetime Director `24,00,000/-
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