Praveen Garg

Director/Board Member at LEMON TREE HOTELS LIMITED

64 year

Finance

Consumer Services

Government

Profile

Praveen Garg is currently Director at Assets Care & Reconstruction Enterprise Ltd., Independent Non-Executive Director at Ambuja Cements Ltd. since 2025, Independent Non-Executive Director at Lemon Tree Hotels Ltd. since 2023, President at Mobius Foundation, and Member at Appellate Authority since 2022.
Former positions include Chairman & Managing Director at Security Printing & Minting Corp.
of India Ltd., Independent Non-Executive Director at IDBI Bank Ltd., Executive Director at SPL Industries Ltd., Managing Director at Madhya Pradesh State Industrial Development Corp.
Ltd., Director at LIC Mutual Fund Asset Management Co. Ltd., Executive Director at Disaster Management Institute, Managing Director at MP Trade & Investment Facilitation Corp.
Ltd., Executive Director at Environmental Planning & Coordination Organisation, Joint Secretary-Department of Economic Affairs at India Ministry of Finance, and Secretary at State Environment Impact Assessment Authority.
Education includes undergraduate studies at the University of Delhi.

Praveen Garg active positions

Companies	Position	Start
LEMON TREE HOTELS LIMITED	Director/Board Member	09/11/2023
AMBUJA CEMENTS	Director/Board Member	01/04/2025
Appellate Authority	Corporate Officer/Principal	01/02/2022
Assets Care & Reconstruction Enterprise Ltd. Assets Care & Reconstruction Enterprise Ltd. Investment ManagersFinance Operates as an asset reconstruction company	Director/Board Member	-

All active positions of Praveen Garg

Former positions of Praveen Garg

Companies	Position	End
IDBI BANK LIMITED	Director/Board Member	14/05/2018
SPL INDUSTRIES LIMITED	Director/Board Member	30/09/2009
LIC Mutual Fund Asset Management Co. Ltd. LIC Mutual Fund Asset Management Co. Ltd. Investment ManagersFinance LICMF-AM is an active and risk-averse investment manager investing primarily in domestic equity and debt. Their investment approach is bottom-up and based on fundamental research. The firm invests in high-growth equity, favoring leaders within each sector. They target companies with strong fundamentals. They also invest in mid-cap stocks with high liquidity. Fixed-income investments favor high-grade securities. Equity investment decisions are taken by an investment committee upon proposals by fund managers and analysts. In-house research is complemented with outsourced sell-side analysis. Bond investments are based on appraisal of issuers including financials and ratings.	Director/Board Member	-
MP Trade & Investment Facilitation Corp. Ltd.	Chief Executive Officer	-

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Linked companies

Private companies	14
Ambuja Cements Ltd. Ambuja Cements Ltd. Construction MaterialsNon-Energy Minerals Manufactures and markets cement	Non-Energy Minerals
IDBI Bank Ltd. IDBI Bank Ltd. Major BanksFinance Provides banking services	Finance
LIC Mutual Fund Asset Management Co. Ltd. LIC Mutual Fund Asset Management Co. Ltd. Investment ManagersFinance LICMF-AM is an active and risk-averse investment manager investing primarily in domestic equity and debt. Their investment approach is bottom-up and based on fundamental research. The firm invests in high-growth equity, favoring leaders within each sector. They target companies with strong fundamentals. They also invest in mid-cap stocks with high liquidity. Fixed-income investments favor high-grade securities. Equity investment decisions are taken by an investment committee upon proposals by fund managers and analysts. In-house research is complemented with outsourced sell-side analysis. Bond investments are based on appraisal of issuers including financials and ratings.	Finance
SPL Industries Ltd. SPL Industries Ltd. Apparel/FootwearConsumer Non-Durables Manufactures and exports knitted fabric and knitted garments	Consumer Non-Durables
University of Delhi University of Delhi Other Consumer ServicesConsumer Services Functions as a College/University	Consumer Services
Lemon Tree Hotels Ltd. Lemon Tree Hotels Ltd. Hotels/Resorts/Cruise linesConsumer Services Owns and operates leisure hotels and resorts	Consumer Services
India Ministry of Finance India Ministry of Finance General GovernmentGovernment Public finance authority	Government
Madhya Pradesh State Industrial Development Corp. Ltd.
Security Printing & Minting Corp. of India Ltd. Security Printing & Minting Corp. of India Ltd. General GovernmentGovernment Engages in the manufacturing of security paper, minting of coins, printing of currency and bank notes	Government
Assets Care & Reconstruction Enterprise Ltd. Assets Care & Reconstruction Enterprise Ltd. Investment ManagersFinance Operates as an asset reconstruction company	Finance
State Environment Impact Assessment Authority
MP Trade & Investment Facilitation Corp. Ltd.
Appellate Authority
Disaster Management Institute Disaster Management Institute Other Consumer ServicesConsumer Services Functions as a College/University	Consumer Services