Our Company was incorporated as ‘Mandhana Retail Ventures Limited’ dated February 12, 2011 and the Company’s name was changed to ‘The Mandhana Retail Ventures Limited’ dated September 26, 2016.Mandhana Industries Limited (MIL), the Demerged Company had entered into global exclusive Brand License Agreement with “Being Human – The Salman Khan Foundation” on December 23, 2010 effective from January 1, 2011 to use trademark & logo of “Being Human” for all clothes range/clothing lines.
Post approval of Scheme, MIL and The Salman Khan Foundation agreed to terminate the erstwhile Brand License Agreement vide Termination Agreement dated August 24, 2016 and simultaneously our Company entered into global exclusive Trademark License Agreement on the even date to design, manufacture, retail and distribute men’s wear, women’s wear and accessories under “Being Human” trademark until March 31, 2020.
We believe the uniqueness of the brand ethos is the powerful combination of fashion, charity and the well-known celebrity. Due to this uniqueness, the brand “Being Human” stands out globally and differentiates itself amongst the clutter of fashionable brands. We believe the uniqueness of the brand ethos is the powerful combination of fashion, charity and the well-known celebrity. Due to this uniqueness, the brand “Being Human” stands out globally and differentiates itself amongst the clutter of fashionable brands.
Our exclusive brand outlets are focused on providing a standard elevated shopping experience to customers and are developed after taking into account the store location, the demographic profile of consumers of that area and the store size.
Being Human Clothing business has been conferred with various awards by industry platforms for our contribution to the retail apparel brand industry, elevated consumer experience and service levels. Being Human Clothing business has received several accolades which keep us encouraging viz. “The Most Exciting Apparel Brand” & “Most Exciting Brands” (study by Nielsen, published in Brand Equity – The Economic Times, May 2015); “Promising Brand 2015” (Brand Equity – The Economic Times, 2015); “Apparel Retailer of the Year” (Indian Retail Congress, Delhi, 2014); “Apparel Retailer of the Year” (Franchisee India, 2014); “Licensee of the Year” (Star Retailers Awards, 2014); “Best Unisex Store” (Infiniti 2, 2014); “Most Admired store Unisex Apparel” (Viviana Mall, 2013); and Images Most Admired Fashion Brand Of The Year 2016.
Priyavrat P. Mandhana
Mr. Priyavrat Mandhana holds a Bachelor’s degree in Commerce from Mumbai University. He has also completed ‘Masters of Innovation and Entrepreneurship’ from the University of Warwick, United Kingdom. He was previously associated with Mandhana Industries Limited as V.P. – Corporate Affairs. He plays an important role in strategising and monitoring the retail business of the Company.
Sangeeta M. Mandhana
Mrs. Sangeeta Mandhana holds a Bachelor’s degree in Commerce from Calcutta University. Mrs. Mandhana has also done International Montessori course from London Montessori Centre, Calcutta and was into teaching for few years. With her expertise in designing apparel and outfits, she was previously heading the Design department of Golden Seams Industries Pvt. Ltd. as its Vice-President – Design.
Pradip V. Dubhashi
Mr. Pradip Dubhashi was appointed as the Chairman, and Non-Executive and Independent Director of the Company on October 7, 2016. He holds a Bachelor’s degree in Electrical Engineering from the College of Engineering Pune (CoEP) and a Postgraduate Diploma in Management (PGDM) from the XLRI School of Management (Jamshedpur). He has 46 years of experience in the development banking industry and strategy consulting.
Mr. Ramnath Pradeep was appointed as Non-Executive and Independent Director on our Board on October 7, 2016. He holds a Master’s degree in Economics and Law. He has had an enriching experience with Corporation Bank, Central Bank of India, State Bank of India and Bank of India and was appointed as a legal adviser to ONGC Ltd. He was also son the Boards of IILFS, Centbank Financial Services Ltd., Centbank Home Finance Ltd., Corp Bank Security Ltd., Indian Institute of Banking and Finance Ltd. and Zen Advisors Pvt. Ltd.
Kiran C. Vaidya
Mr. Kiran Vaidya was appointed as a Non-executive and Independent Director on our Board on October 7, 2016. He holds a Bachelor’s degree in Commerce from Bangalore University and is an associate member of the Institute of Cost and Works Accountants of India (ICWAI). He has over 36 years of experience in various industries in the fields of finance, accounts, costing, budgeting and project finance.