Nafisa RehzavthiChief Executive Officer

Areas of practice

The decisions joining commercial use and public purpose

01

Commercial decisions inside a passenger place

I examine how an income proposal changes the experience and obligations of the place that supports it. The kiosk decision is a concrete reason for that approach: I approved a commercially attractive frontage account before the passenger-movement implications were properly represented. Correcting two of six frontages cost money and altered commitments to licensees. The leadership task was to make the competing accounts visible while qualified specialists retained design and access decisions. Commercial income remains necessary to the enterprise. The question is whether the proposed use is coherent with the concession and the journey through the terminal, rather than whether retail or advertising is good or bad in principle. I want that examination before a commitment makes every change look like a failure to support the commercial team.

02

Condition and investment across a concession period

I connect current expenditure with the condition of the place we have agreed to operate. A concession has a commercial period, but the actual maintenance and eventual handback responsibilities come from its terms and the relevant professional assessment. They cannot be inferred from a short investment presentation. The roof-renewal decision required capital ahead of a proposed retail gallery, leaving the gallery's potential income unrealised. I ask the board to see the renewal need, the competing use of funds and the continuing uncertainties together. This is enterprise judgement rather than a technical prescription or a universal rule about when an asset must be replaced. Engineering, contract and financial specialists retain their assessments, including how expenditure and obligations should be represented in the company's records.

03

Small operators within a larger commercial undertaking

The decision to contract directly with twelve retail licensees changed the company's relationship with the people running those units. It also added administration that a single intermediary might otherwise have carried. I want that cost considered alongside the clearer line of discussion, rather than presented as an unfortunate detail after a decentralised model has been praised. Four units remained unresolved at the review date. Direct contracting did not settle every issue or establish that each licensee would trade profitably. My contribution is to examine the organisational work behind a preferred commercial relationship: who can agree a change, who understands the permitted use and who follows up when a problem spans the unit and the wider terminal. Actual rights remain subject to the relevant contractual and public approvals.

04

Accountability where several organisations meet

A traveller can reasonably see one terminal while the transaction behind a question belongs to a bus operator, a retail licensee or our own service team. I work on making those boundaries understandable without turning them into an excuse for indifference. The enquiry review retained forty-seven terminal-service matters as our responsibility, while a separate group concerned bus fares and another remained unresolved. A joint referral route needed agreement with participating operators and appropriate handling of personal details. It did not transfer every fare obligation to us or establish that all operators had joined. The chief executive's task is to resource a useful response and keep its limits visible, so that the public-facing identity of the place does not promise powers the enterprise has never held.

How I lead

I want the commercial discussion to begin with the place we have agreed to provide. Rentable frontage, advertising and other income matter, but they cannot define a terminal without the people travelling through it. I also want the boundaries to remain honest: our responsibility for a place does not make us the operator of every bus or the owner of every transaction inside it.

At scale

The responsibility, in figures

32 years

Facilities and terminal-enterprise experience

Fictional continuous career from July 1994

238 people

Enterprise employees

March 2026; specialist contractors separately

₹78 crore

FY2026 revenue

₹46 crore terminal services, ₹24 crore retail licences and ₹8 crore advertising

3 concessions

Regional passenger terminals

Invented portfolio, not actual named public projects

In practice

Decisions and their consequences

Case I

Reworking the retail frontage I had approved

In 2018 I approved a commercial fitout on the strength of its retail frontage and expected use of the concourse. The presentation made the proposed kiosks look like a productive addition to space through which passengers already moved. It did not give equal weight to that movement as a purpose of the place. Faisal Deqverthi challenged the proposal from the operating account: the route between arrival, information and boarding needed to be understood before a retail position was treated as settled. I had signed off a proposition without asking for those accounts to meet.

The commercial sponsor wanted to retain the approved frontages. Licensees had planned their own work around the positions, and moving them would involve both expense and a difficult conversation about commitments. I did not treat that objection as merely defensive. We had created an expectation on which other businesses could reasonably act. The relevant facilities, access and contractual specialists reviewed six kiosk frontages. Their work supported retaining four and relocating two under the appropriate conditions; I did not substitute my own design judgement for theirs.

We incurred ₹1.7 crore in correction expenditure: ₹1.3 crore for the defined rework and ₹40 lakh in agreed licensee remedies. The remedy was included in the total, not a separate sum to be added again. I retained responsibility for the original approval and supported the revised commitments. The change did not establish an injury count, a universal accessibility result or a quantified improvement in retail trading. Those would have required different evidence. It established that the commercial layout we had accepted needed alteration after a fuller examination of the terminal's purpose.

The cost mattered beyond the budget. We had asked licensees to reconsider plans after presenting the frontage as decided, while operating colleagues had to reopen a question that should have shaped the first proposal. I would bring the passenger route and the relevant professional review into the initial commercial discussion next time. The purpose is not to make every retail proposal subordinate to an unexamined objection. It is to ensure that income and movement describe the same place before the company gives either account the force of an approved commitment.

Case II

Funding renewal before another retail gallery

A 2021 capital discussion placed a retail-gallery proposal beside a roof-renewal requirement at one of our terminals. The gallery concept carried an estimated ₹3.2 crore development commitment and a commercial argument for broadening the offer. Specialist review of the roof supported bringing forward a defined renewal programme costing ₹4.8 crore. These were not alternative ways of doing the same work. One concerned an additional commercial proposition; the other concerned the condition of the place we were already operating under its concession.

The gallery sponsor argued that a new income source could make later renewal easier to fund. Finance wanted both proposals considered within the enterprise's available resources rather than assume that every technically supported programme had to happen at once. I asked for the actual condition assessment, concession requirements and sequencing options to be examined together. Relevant engineering and contract owners retained the assessment and permissions. The board needed a recommendation on priorities, including the consequence of postponing the commercial proposal, rather than a claim that one specialist opinion settled every allocation question.

We approved the ₹4.8 crore renewal programme and deferred the gallery. The decision retained the gallery's work as an unapproved future proposition; it did not turn the unspent ₹3.2 crore estimate into a realised saving. Nor did we claim a specific extension of roof life or an assured economic return without the corresponding evidence. The programme proceeded through the responsible professional arrangements, while the terminal's operating obligations continued. The commercial team still had a credible idea, but it did not receive capital in that sequence.

The choice clarified how I wanted the concession period represented in investment discussions. The remaining commercial term matters, yet it does not by itself describe the condition duties the company has accepted. Those come from the actual arrangements and their assessment. I would put the recurring condition account beside commercial development earlier, so renewal does not arrive as an unexpected opponent to growth. The outcome was a funded priority and a deferred opportunity, with the trade-off visible. It was not evidence that every renewal proposal should outrank every new use of capital regardless of the asset, contract or available alternatives.

Case III

Paying for an overnight offer beyond shop opening hours

In 2023 we considered an expanded staffed waiting-assistance offer during selected overnight periods. The commercial discussion initially followed shop opening hours, because retail activity provided a familiar indication of use. Operating observations across twelve evenings described eight late-arrival sequences and four evenings without those sequences. That small observation set was enough to raise a question about the proposed service, not enough to establish a representative arrival rate for the year. People could need a place to wait when there was little immediate shopping demand.

Commercial colleagues challenged the recurring expense. They could not show that overnight retail trading would cover it, and they did not want a trial service to become a permanent commitment without review. Faisal wanted the account to distinguish required baseline facilities from the additional assistance under discussion. I supported that distinction. Existing required services continued; the proposal concerned an expanded offer, with the relevant operating and public-authority arrangements assessed before implementation. It was not a decision to withdraw a required service on quiet evenings or make essential access depend on a purchase.

The board approved ₹1.05 crore annual expenditure for the defined additional scope. We kept the staffing and coordination cost visible instead of presenting the offer as a commercial improvement that would pay for itself. The account did not claim a reduction in crime, an incident-free environment or a universal personal-security outcome. Those claims could not be inferred from a funded assistance arrangement. Responsible facilities and security professionals retained their actual duties, and the company continued to assess what the additional service required in practice.

The resulting offer recognised a use of the terminal that retail spending had represented poorly. It also gave the enterprise another recurring responsibility, so the decision needed continued examination rather than a celebratory opening announcement. I would involve people waiting during those hours earlier when framing the service, alongside the colleagues expected to deliver it. A passenger place has to understand when and why it is being used. That does not mean every observed need belongs to the concessionaire or that every proposed service is affordable. It means the commercial proxy should be questioned before it becomes the answer to a different public-facing obligation.

Case IV

Accepting more administration for a direct licensee relationship

Sixteen retail units entered a renewal discussion in 2024. A single intermediary offered a comparatively simple commercial route, with one main relationship through which several unit-level matters could be handled. Our commercial team valued that simplicity, particularly where central managers already had a large operating agenda. Site discussions nevertheless showed that decisions about permitted use, changes and day-to-day responsibilities were easier to understand when the people actually running a unit could be part of the conversation. I wanted that difference examined as an enterprise choice, rather than treated as a minor preference in contract administration.

The intermediary model had legitimate advantages. It could consolidate communications and carry work that we would otherwise need to organise. I asked finance, commercial and site teams to cost a direct-licensee alternative for the relevant units, with legal and public-authority owners retaining the actual permissions and terms. Direct contact would not create rights the concession did not provide. It also would not remove the need for clear obligations or make every disagreement easier merely because fewer organisations stood between the parties.

We adopted direct arrangements for twelve units. Four remained unresolved at the review date and were kept outside the completed account. The transition cost ₹22 lakh, with a further ₹34 lakh in annual administration for the chosen scope. Those are different kinds of expenditure and were reported separately. We did not claim that the change had already increased retail income, improved every trader's profitability or eliminated all unit-level issues. It established a different set of relationships, supported by resources to manage them.

The decision gave site and commercial colleagues a clearer route to the people operating the twelve units, but also more individual arrangements to maintain. I accepted that administrative consequence rather than ask teams to absorb it invisibly. I would examine the full organisational cost at the start of a future renewal, before a direct model acquires an automatic association with responsiveness. An intermediary is not inherently an obstacle, and a direct licence is not inherently a better service. For this reviewed group, the board accepted the closer relationship and its cost, while leaving the four unresolved units as work still to be completed.

Case V

Keeping our complaints while finding the right owner for the others

A 2025 review examined 210 enquiries received through terminal-facing channels. Of these, 138 concerned bus fares or refunds, forty-seven concerned terminal services and twenty-five remained unresolved in their classification. A traveller could see one terminal identity even when the transaction behind the enquiry belonged to a separate bus operator. Our company was not the merchant for those fares. Simply repeating that distinction, however, left the public-facing team with little useful answer and did not address the matters that were clearly ours.

The service team wanted a single response desk with authority to settle more questions. Finance and legal colleagues were concerned that broad language about taking care of a journey would imply obligations the enterprise had not accepted or powers it did not hold. Both concerns were reasonable. I supported developing an agreed referral arrangement with participating operators while retaining a separate account of the forty-seven terminal-service matters. The twenty-five unresolved enquiries stayed open for further examination; they were not assigned to another party merely to make our own total look cleaner.

We spent ₹44 lakh establishing the defined coordination and referral arrangements. Participating operators had to agree their part, including appropriate treatment of personal details and the actual route through which a fare question could be considered. The programme did not include every operator, transfer all fare liabilities to Vezqamthi or promise an automatic payment. The stated figures describe the reviewed enquiries and their initial responsibility categories. They do not describe how many complaints were resolved or how satisfied travellers became after the change.

The useful outcome was a more honest service proposition: ownership of our terminal matters, a practical route for some operator matters and an explicit unresolved group. That is less sweeping than saying that one desk solves everything, but it can be resourced and explained. I would develop these relationships earlier in the concession's public-facing design, before a shared name invites an assumption of shared authority. The chief executive needs to care about the whole experience without claiming to control every transaction within it. A boundary should identify the next accountable party, not become the final sentence offered to someone still trying to understand where their question belongs.