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Phoenix International Limited was founded as a Private Limited Company in 1987 and transformed into a Public Limited Company in June 1988. The firm is led by Mr. D. N. Kalsi and Mr. Ajay Kalsi, the co-founders. Mr. Ajay Kalsi has an MBA in Economics from Cambridge University and a B.Sc. (Economics) from the London School of Economics. Phoenix International Limited has two subsidiary companies: Phoenix Industries Ltd and Phoenix Cement Ltd. Currently, the shareholders of the firm are listed on the Bombay Stock Exchange (BSE), with the Script Code 526481. The daily operations are managed by Mr. Narender Kumar Makkar, Executive Director and Company Secretary; Mr. Arun Gupta, an independent non-executive director; Mrs. Pushpa Joshi, an independent non-executive director; and Mr. Paruavatharyil Mathai Alexander.
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