Mr. Ashok Kumar Damani is a registered stock broker with the Bombay Stock Exchange (since 1983) and National Stock Exchange (since inception) as well as an active trading member on the Multi-Commodity Exchange and National Spot Exchange of India. He is also the co-owner of a chain of hotels under the brand name Platinum Hospitality and has diversified into commercial and residential property development in Kolkata and Gujrat under The Capricorn Group and SN Developers respectively. Mr. Ashok Kumar Damani also served in various committees of the Bombay Stock Exchange for over 9 years and is an ex-Director of the Bombay Stock Exchange. He is also on the Board of Directors of 4 private companies and the publicly listed Damodar Threads. Besides his professional activities, Mr. Ashok Kumar Damani has been very actively involved in social activities too for example he is currently on the Board of Trustees for the Maheshwari Pragati Mandal and Gavarja Mata Trust and is very actively involved in charitable initiatives especially in the educational sector through our in house charitable trust.
Mr. Damani is extremely interested in making investments in sector/industry changing investments but keeping in focus - risk adjusted returns, capital preservation and growth opportunities. He has investments in equity, corporate loans, debt, liquid and hedge funds and is always on the lookout for deals and joint ventures to expand his investments. He is also actively getting involved in the Angel investor space through his sons Anirudh & Animesh Damani and has invested in 10+ deals in the last 7-8 months.