- Sector
- Exhibition transport, storage and specialist packing services
- Ownership
- Founders 35%, employee vehicle 40%, domestic enterprise fund 25%; personal 0.06% included in employee holding
- Company scale
- FY 2025–26 revenue ₹112 crore: ₹68 crore transport and ₹44 crore storage/packing
- Employees
- 261 enterprise employees
- Geography
- Bhopal headquarters and assignment-specific exhibition movements
- Reporting to
- Board chaired by Leela Darvenkar
- Team
- Six executive heads; Sanjay Pelnathi owns operations
- Financial scope
- ₹87 crore annual operating responsibility and a separate ₹9 crore capital programme
Mandate
Make commercial promises carry the capacity, preparation and economics needed to fulfil them
Outcomes
- Backed 120 repeat-fit crates used in 216 recorded movements over eighteen months
- Introduced reserved-capacity agreements chosen by four of six pilot customers
- Kept direct contribution distinct from net profit in the selected agreement
Decisions in context
Six executive heads support the enterprise I lead, with Sanjay accountable for operations and Leela chairing the board. The ₹87 crore operating responsibility and ₹9 crore capital programme are distinct commitments rather than a profit calculation. My 0.06% interest sits within the employee vehicle’s 40%. The crate programme required capital and preparation before all future use was known, and the capacity proposition required availability to be described as part of the service a customer chose. I wanted both decisions to retain their limits: repeat use did not prove a universal packing solution, and reserved capacity did not mean unlimited access to every crew. The role connects commercial ambition with the operating capability the company can actually keep ready. An outside appointment would have to fit alongside this existing executive and statutory responsibility rather than be presented as an empty space in my calendar.
Reason for the move
Current executive leadership; considering a carefully assessed outside-board contribution
Concurrent appointment
CEO employment and an executive-director seat in the same enterprise
- Sector
- Operating leadership for regional exhibition logistics
- Ownership
- Privately held enterprise with founder, employee and domestic investor interests
- Company scale
- ₹68 crore company revenue in the appointment’s closing year
- Employees
- 184 enterprise employees at period end
- Geography
- Bhopal operating office with regional customer assignments
- Reporting to
- Chief Executive Officer
- Team
- Five functional heads across commercial delivery, packing and support
- Financial scope
- ₹52 crore annual operating responsibility; separate ₹4.6 crore capital programme
Mandate
Bring accepted exhibition commitments into one practical operating plan
Outcomes
- Recovered three overlapping assignments through partner support and approved work windows
- Recorded the nine-team requirement against six available teams
- Changed review of concurrent commitments after my own approval error
Decisions in context
Five functional heads supported my operating responsibility across the 184-person enterprise at period end. The ₹52 crore operating scope and separate ₹4.6 crore capital programme required decisions about readiness as well as completed assignments. In 2018 I accepted three exhibition jobs that together needed nine crew teams while six were available. We spent ₹42 lakh over four weeks arranging suitable partner support and customer-approved revisions to work windows. The revised plan was fulfilled, but that did not justify the original approval. I changed how concurrent commitments were examined so the same capacity could not appear available in separate papers without the overlap being discussed. Appointment as CEO widened the responsibility from recovering a difficult plan to shaping the commercial and investment choices that determine whether such a plan is sold in the first place.
Reason for the move
Appointed CEO and an executive director with enterprise investment and board accountability
Concurrent appointment
Commercial or operating employment without a concurrent statutory seat
- Sector
- Commercial leadership for exhibition transport and packing
- Ownership
- Domestic privately held specialist-service enterprise
- Company scale
- ₹39 crore annual company revenue at appointment end
- Employees
- 117 company employees at period end
- Geography
- Bhopal commercial office and assignment-specific customer locations
- Reporting to
- Chief Executive
- Team
- Twenty-nine commercial colleagues
- Financial scope
- ₹5.4 crore annual function expense; operating deployment and capital approvals separately held
Mandate
Describe timing and preparation within the service being sold
Outcomes
- Connected quotations with venue windows and handling conditions
- Built joint commercial and operating review before acceptance
- Kept client and qualified specialist approvals outside the logistics promise
Decisions in context
The commercial-director role brought twenty-nine colleagues and ₹5.4 crore annual function expense into my remit. Exhibition assignments made the consequences of a vague service description visible: the opening date, the available window and the preparation needed could each change what the company was actually promising. I worked with operating colleagues to bring those conditions into the account before acceptance. Clients and qualified specialists retained decisions about the exhibits and their suitability for particular handling arrangements. The later capacity error showed that a sound review of each assignment was still insufficient if concurrent work was never examined together. Moving into the COO role made that shared picture my direct responsibility. The commercial lesson remained that a promise should contain the operating conditions needed to understand it, rather than rely on a later team to discover and reconcile them.
Reason for the move
Promoted to COO across enterprise delivery and readiness
Concurrent appointment
Commercial or operating employment without a concurrent statutory seat
Apr 2000 — Mar 2008
Commercial Manager
Nelravi Freight Services
- Sector
- Commercial management for regional freight services
- Ownership
- Privately owned freight-services partnership
- Company scale
- ₹26 crore annual enterprise service income at departure
- Employees
- 83 enterprise employees at departure
- Geography
- Bhopal commercial practice with regional service assignments
- Reporting to
- Partner responsible for customer services
- Team
- Fourteen commercial colleagues
- Financial scope
- ₹1.9 crore annual function expense; transport deployment decisions outside delegation
Mandate
Connect the charge accepted by a customer with the service obligation it creates
Outcomes
- Clarified the preparation and availability behind service descriptions
- Separated commercial approval from operating deployment authority
- Built closer review between customer terms and delivery requirements
Decisions in context
Fourteen colleagues and ₹1.9 crore annual function expense formed the commercial-management remit. Customers needed a clear account of what they were buying, and operations needed that account to describe the commitment they would fulfil. I learned to ask which preparation and availability sat behind a charge rather than treat the invoice as a complete explanation of the service. Transport deployment remained outside my delegated authority. Joining Tarneshi made those questions more demanding because an exhibition opening could create a concentrated requirement that was difficult to move. The later COO mistake did not arise from ignorance of the relationship between terms and delivery. It arose when I reviewed individually plausible commitments without asking whether they could be combined. That distinction matters to the career: greater authority required a wider operating picture, not merely more confidence in a familiar commercial judgement.
Reason for the move
Joined exhibition logistics for a specialist service with more explicit timing and preparation needs
Concurrent appointment
Commercial or operating employment without a concurrent statutory seat
Jun 1992 — Mar 2000
Accounts Support Assistant
Nelravi Freight Services
- Sector
- Supervised freight-service accounts and record support
- Ownership
- Regional freight-services partnership
- Company scale
- ₹6.3 crore annual service income at period end
- Employees
- 31 enterprise employees at period end
- Geography
- Bhopal accounts-support office
- Reporting to
- Senior commercial accountant
- Team
- Eight-person accounts-support group; no line-management authority
- Financial scope
- No discretionary operating or investment budget
Mandate
Prepare service records and reconcile charges with the work described
Outcomes
- Learned to examine what a service charge included
- Supported senior colleagues without approving operating commitments
- Developed interest in obligations hidden by a short invoice description
Decisions in context
I joined after completing commerce studies in May 1992. Our eight-person group prepared records and reconciled charges for senior colleagues. I had no operating, investment or management authority. The work made me ask what a service description included and which preparation was necessary even when it did not appear as a separate line on the invoice. That interest later developed into commercial and operating responsibility. It also explains why I want reserved availability to be visible in a customer agreement instead of depending on assumptions about future assignments. The early role did not make me an expert in exhibition handling or professional approval of contents. It gave me a discipline for examining the economic promise behind a charge, which later had to be combined with the operating judgement of colleagues responsible for the people and preparation required.
Reason for the move
Promoted into customer-facing commercial management
Concurrent appointment
Commercial or operating employment without a concurrent statutory seat
What I am looking for next
I would consider an executive mandate where the company wants growth to carry an explicit account of the capacity and preparation it consumes. The role should allow overlapping commitments to be reconsidered, repeat-use investment to retain its conditions and availability to become a service customers can knowingly choose. I would ask how commercial and operating leaders bring their concerns into one decision and how the board distinguishes capital, preparation expense and continuing readiness. An outside-board contribution would require further learning and an appointment-specific review alongside my current executive directorship. Twenty-four proposed annual days would need to include preparation, meetings, site learning and exceptional demands, with employer consent and a realistic capacity assessment before acceptance. I would seek a chair who wants the operating obligation inside a growth proposition examined without expecting directors to dispatch crews or negotiate every assignment. The contribution should improve the promise the enterprise chooses to make, not create a second management team responsible for recovering it.