Brands
Shivtek appoints Trusar Bagul as independent director
GURUGRAM: Shivtek Spechemi Industries has appointed Trusar D Bagul as an independent director, adding deep scientific firepower to its board as the specialty chemicals group pushes into greener manufacturing and high-value chemistry.
Bagul, who holds a PhD in organic chemistry from the National Chemical Laboratory in Pune, brings nearly three decades of experience across drug discovery, pharmaceuticals, fine chemicals and specialty chemicals. He is a prolific inventor and researcher with multiple US and Indian patents and international publications to his name.
The appointment is designed to strengthen board-level technical oversight and governance as Shivtek accelerates its R&D-led expansion into advanced and import-substitution chemistries, particularly in high-value, low-volume segments where precision and cost discipline are critical.
“We are reinforcing India’s self-reliance in the chemical sector through green manufacturing and advanced products,” said Shivtek Spechemi Industries managing director Amitt Nenwani. “Trusar Bagul’s scientific depth and advisory insight will be invaluable as we scale with discipline and strong governance.”
Bagul has held senior leadership roles across chemistry-led enterprises and currently advises pharmaceutical, biopharma and chemical companies on research and strategy. He has also undertaken post-doctoral research at Kyoto University and is a recipient of the Japan Society for Promotion of Science fellowship.
“I am delighted to join Shivtek at a pivotal stage of its growth,” Bagul said. “The company’s focus on sustainability, quality and global ambition aligns closely with my professional values.”
Founded in 1987, Shivtek is the flagship of the Shiva Group and operates manufacturing units in Kurnool, Rajpura and Dahej, exporting to more than 75 countries. Its capacity has scaled to 150,000 MTPA, as it positions itself as a global hub for green specialty chemistry.
Brands
Aman Gupta launches new venture OffBeat Studios
Boat co-founder steps into fresh entrepreneurial chapter after shifting to non-executive role.
MUMBAI: Aman Gupta just flipped the beat because when you’ve already made waves with Boat, the next move is to start a whole new rhythm.
boAt co-founder Aman Gupta has unveiled his new entrepreneurial venture, OffBeat Studios, marking his first independent project since stepping away from day-to-day operations at the audio and wearables brand. In a post on X on 3 March 2026, Gupta wrote: “With every birthday, some grow older, I grow bolder. I am still hungry, still impatient and still driven. Aman 2.0 begins soon. Introducing my new venture. @Offbeatstudios1.”
Details about OffBeat Studios remain scarce. Gupta has shared only a stylised “OFF/BEAT” logo and no specifics on the business model, sector focus, funding, team or launch timeline. It is unclear whether the venture will operate independently or hold any strategic link to Boat.
Gupta played a pivotal role in building boAt’s brand and marketing identity since its inception and gained wider visibility as a judge on Shark Tank India. His shift to a non-executive board position followed a leadership transition at Boat last year, Gaurav Nayyar was appointed CEO, while co-founder Sameer Mehta took on the role of executive director focused on strategy, reflecting a move toward professionalised management.
The announcement arrives as Boat’s parent company, Imagine Marketing, gears up for its initial public offering. The Warburg Pincus-backed firm received SEBI approval after confidentially filing in April 2025 and is reportedly targeting a valuation of around Rs 13,000 crore. This marks Boat’s second IPO attempt, the first, filed in January 2022 for Rs 2,000 crore (Rs 900 crore fresh issue + Rs 1,100 crore offer for sale), was withdrawn amid market volatility.
Boat has not commented on whether Gupta’s new venture will impact the upcoming public issue. For a founder who helped turn Boat into a youth-favourite audio brand, OffBeat Studios signals not a slowdown, but a bold new track proving that when one rhythm fades, another is already waiting to drop.
