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          शांति का आधार अस्त्र-बल
     The Force Behind Peace

Bharat Dynamics Limited

                            A Govt of India Enterprise, Ministry of Defence,
                            Kanchanbagh, Hyderabad, India- 500058.
                            Tel: +91-040-24587466/24587777 Fax: +91-040-24340464

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Director's Profile


Chairman & Managing Director

Shri V Udaya Bhaskar
Chairman & Managing  Director
(From 30 Jan 2015)








Shri V Udaya Bhaskar
Chairman & Managing Director

Shri Varanasi Udaya Bhaskar assumed charge as Chairman & Managing Director of Bharat Dynamics Limited on 30 Jan 2015. Prior to his new appointment, he is Director (Production) on the Board of BDL. An M.Tech in Polymer Science & Technology from IIT, Delhi, Shri Udaya Bhaskar did B.Tech. in Plastics Technology and Chemical Engineering from Harcourt Buttlar Tech. Institute, Kanpur.

He has a rich experience in various fields of Missile Production spanning over 23 years, which included areas like indigenisation of Invar, Konkurs and Konkurs - M missiles; Assembly, Integration and Testing of missiles; Materials Management,  Vendor Development and Planning. He played an instrumental role in establishing the production line for Konkurs - M missiles and made a major contribution in achieving indigenization of over 90% of Konkurs, Konkurs - M, Launcher etc.

He led the ISO core team for Implementation of ISO 9001: 2000 version at BDL, Bhanur. Subsequently, he became the Management Representative for monitoring the ISO 9001: 2008 Quality Management System at BDL, Bhanur.

He is a recipient of the prestigious Raksha Mantri’s Innovation Award in Group/Individual Category for the year 2010 – 11 for his distinguished contribution in establishing Ballistic Evaluation Method using T-72 fixed firing stand for indigenisation of explosive charges of Invar Missiles.

He joined BDL during the year 1990, prior to which, he served in the private sector for about six years.

He is keen on academics and keeps abreast with the latest developments in the field of missile technology. He has presented technical papers at various forums and has many value-based articles published to his credit.

Government Directors

Shri Ashwani Kumar Mahajan
Addl FA (AK) & JS
(From 09 Mar 16)

Shri Ashwani Kumar Mahajan
Addl FA (AK) & JS

Shri. Ashwani Kumar belongs to the batch of 1988 IRS . He is also MBBS, LLB, LLM (International Taxation). Since 2008 he has worked as Commissioner in Income Tax Department. He was appointed as Addl. FA & JS in the Ministry of Defence (Fin) on 08.01.2016.  Shri Ashwani kumar is appointed as Government Nominee Director on the Board of BDL since March 2016. 



Full Time Directors

Shri Shri K Divakar
Director (Technical)
(From 01 Jul 16)

Shri S. Shri K Divakar
Director (Technical)

Shri Kappagantula Divakar, assumed charge today, as Director (Technical) of Bharat Dynamics Limited, a Miniratna Category - 1 Public Sector Undertaking under the Ministry of Defence, Govt of India.

Prior to his new appointment, he has served as General Manager (Design & Engineering) at BDL.  

Shri Divakar is a B. Tech. in Mechanical Engineering from JNTU, Hyderabad and a Post - Graduate from Central Institute of Tool Design, Hyderabad. 

Shri Divakar has a rich experience spanning over 28 years in various areas of Missile Production. He played an instrumental role in establishing the Naval Division of BDL at Visakhapatnam and in the successful productionisation of Torpedoes for the Indian Navy. In his past assignments, he also headed the Milan, Refurbishment and Explosive Divisions. At BDL, Bhanur, he worked for indigenisation of warheads, propellants and other explosives and was awarded for his indigenisation efforts which resulted in the saving of precious foreign exchange.  

Prior to joining BDL, he worked in Indian Telephone Industries, Rae Bareli for about six years.  


Shri S. Piramanayagam
Director (Finance)
(From 01 Jan 15)

Shri S. Piramanayagam
Director (Finance)


Shri S. Piramanayagam is a Science Graduate and an Associate Member of the Institute of Chartered Accountants of India. Prior to joining BDL as Director (Finance),he worked as General Manager handling finance functions of Rail & Metro Business vertical of BEML Ltd., He worked in the middle management cadre in BDL during 1996 to 2007 after his stint in Neyveli Lignite Corporation Ltd.,

He had vast work experience covering Auditing,Accounting,Finance and Taxation areas. He took charge as Director (Finance) of Bharat Dynamics Ltd., on 1st Jan 2015.


Shri V. Gurudatta Prasad
Director (Production)
(From 10 Sep 15)

Shri V. Gurudatta Prasad
Director (Production)

Shri V Gurudatta Prasad has assumed charge as Director (Production) of Bharat Dynamics Limited on 10 Sep 2015. Prior to his appointment as Director(Production), he has served as General Manager at BDL, Bhanur in the capacity of Unit Head.


2. An M.Tech in Industrial Engineering & Management from JNTU, Hyderabad, He did his BE in Mechanical Engineering from Bangalore University


3. He has rich experience spanning over 30 years in various areas of Missile Production which include areas such as System Engineering, Component Production, Assembly etc. He has established facilities for integration and testing of Milan-2T Anti Tank Guided Missile (ATGM). He has been instrumental in accelerating indigenization of components, Machines and test equipments of Milan – 2T ATGM. In recognition of indigenization, Raksha Mantri Award has been given for the year 2012-13.


4. He has joined BDL in the year 1986, before which he served in M/s. Hyderabad Allwyn Ltd, a State PSU.


Independent Directors

Smt Sushama Viswanath Dabak
(From 01 Dec 15)

Smt Sushama Viswanath Dabak     

Joined Indian Audit & Accounts Service ( IA&AS) in 1981. Held various posts including Principal Accountant General , Haryana, Accountant General, Rajasthan and Maharashtra. In 2013, retired as Director General of Audit in Mumbai. Before joining IA&AS, worked as Lecturer in Economics at Elphinstone College, Mumbai and as Economist at National Institute of Public Finance & Policy (NIPFP), New Delhi. 

Educational qualifications: MA in Economics, LLB, Diploma in Financial Management from University of Mumbai.

Work experience: Teaching and research in Economics. Audit experience of all three tiers of Government viz Central, State and Local and different forms of Government organisations viz Government Companies, Autonomous Bodies and Local Bodies covering various sectors of the economy.

Deputation as Financial Advisor in Nuclear Power Corporation Ltd and as Finance Member, Maharashtra Krishna Valley Development Corporation. Deputed for conduct of audit of UNHCR and Indian missions abroad.

Experience of certification of Government accounts, government companies and externally aided projects.

Nominated in various training programs and seminar in India and abroad.


Shri Ajay Pandey
(From 01 Dec 15)

Shri  Shri Ajay Pandey     

Prof. Ajay Pandey is currently with Indian Institute of Management, Ahmedabad as Professor of Finance & Accounting area of the institute. He graduated as an Industrial Engineer from University of Roorkee (now IIT, Roorkee) and worked as project planning and monitoring engineer in Engineers India Limited (EIL) and Oil & Natural Gas Corporation (ONGC). Later, he continued his education at IIM Ahmedabad by joining Fellow Program and obtained his Fellow degree (equivalent to Ph.D.) by specializing in Finance area. 

After completing doctorate, he had been associated with several academic institutions in India before moving to IIM Ahmedabad. In between, he also worked in financial sector with a private sector joint venture startup. His professional interests related to research, training and teaching are mainly in corporate finance and capital markets such as corporate governance, risk management, project finance, volatility and asset price dynamics etc. He also has professional interest in infrastructure sectors on issues such as project structuring and risk allocation, public procurement, land acquisition besides interest in the Electricity sector.

He has been a consultant to the Government, Regulators and PSUs on infrastructure related issues. He has also been involved in academic administration as Chair, Post-Graduate Program (PGP), Dean (Faculty), Dean (Programs) and Director-in-charge at IIM Ahmedabad.

Special Permanent Invitees




 To be updated shortly