Promoters' Profile


Chairman

Mr. B. Machado, Chairman of the Company completed his graduation in Mechanical Engineering from KREC, Suratkal in the year 1970. He joined Central Manufacturing Technology Institute (CMTI) in the year 1970 as a Design Engineer. In 1979 he left CMTI and started Ace Designers Ltd. along with Mr. A. V. Sathe and Mr. S. G. Shirgurkar. Presently, Mr. Machado is one of the Managing Directors of Ace Designers who are the largest producers of CNC Turning Centers in the Country. Driven by a strong passion for Research, Mr. Machado is one of the pioneers in indigenization of manufacturing technology in India.


Managing Director

Mr. P. Ramadas, Managing Director of the Company, completed his Graduation in Mechanical Engineering from KREC in the year 1968 and his M-Tech in Machine Tools from IIT Madras in 1970. He joined Hindustan Machine Tools (HMT) Ltd., as a Design Engineer in 1970 and has been responsible for the indigenous development of NC & CNC lathes at HMT. He received Best Design Award for the SB CNC Lathe at IMTEX 1979.

With about 13 years of rich experience in HMT and a short stay at MMC-Kolkata, he joined Widia (India) Ltd. (Currently, Kennametal Ltd.) as a Project Manager to start the SPM division in 1984. During his tenure of 7 years at Widia, he developed nearly 50 varieties of Machine Tools including Turning Centers, Machining Centers, Deep Hole Drilling Machines, Grinding Machines, and many others. In the year 1991 he joined Mysore Kirloskar Ltd., Harihar, as the Vice President - Engineering. In the year 1994 along with the other promoters he started Ace Manufacturing Systems Ltd., and has been the Managing Director since 1995. Mr. Ramadas has been a strong promoter of Success through Excellence and has demonstrated it in action.


Director

Mr. A. V. Sathe, Director of the Company, completed his Graduation from University of Pune and M-Tech in Machine Tools from IIT Bombay. After working for a short period as a Design Engineer at Walchand Nagar, he joined CMTI in the year 1963 and headed the Design Department of CMTI till 1976. He started Pragati Engineering Works in Year 1976 and jointly started Ace Designers Ltd., in the year 1979 along with Mr. Machado and Mr. S. G. Shirgurkar. At present he is the Chairman of Ace Designers Ltd., and Pragati Automation Ltd. With his strong engineering and manufacturing knowledge, Mr. Sathe has steered Pragati Automation to be one of the largest Turret and Automatic Tool Changer manufacturers in the World. Pragati Automation currently caters to the requirements of Machine Tool builders all around the world. Mr. Sathe is a recipient of the "Outstanding Entrepreneur of the Year" Award in the year 2011 from IMTMA.


Director

Mr. S. G. Shirgurkar, Director of the Company, completed his graduation in Mechanical Engineering from BMS College of Engineering in the year 1970 and joined CMTI as a Design Engineer. He left CMTI in 1979 and started Ace Designers along with its other two promoters and has been one of the Managing Directors of the company ever since. Mr. Shirgurkar is the Chairman of Ace Multi-Axis Systems Ltd., (AMASL) which was started in the year 1995. He has served as the President of the Indian Machine Tool Manufacturers Association during the years 2001 & 2002 and is a recipient of the "Life-time Achievement Award" from IMTMA in the year 2007 for his contributions to Machine Tool Industries. Mr. Shirgurkar is also one of the Directors of Wendt India, which is a part of the Murugappa Group.