Established in 1954, Kantilal Chhaganlal (KC), is a name synonymous with wealth management and is one of the old integrated capital market intermediaries in the financial sector. Over the years, KC has stood the test of time, has helped clients understand and simplify the investment process to achieve their financial goals.

Backed by the significant cumulative experience of the top management team, we offer our clientele a bouquet of customized, end to end wealth management solutions. With our pan-India branch and franchisee presence, we ensure our clients get uncompromised performance backed by a focused approach, at all times.

A winning combination of in-depth research, professional management and value based approach towards investing, forms the strong foundation of the Kantilal Chhaganlal group of companies, on the basis of which we enjoy the trust of our clients and business associates..

Board of Directors


Chiranjeev Vaghani


"Mr. Chiranjeev I. Vaghani is a Graduate in Science and has over 25 years of rich and varied experience in the field of finance. He also serves as a Director of Milton Investments Pvt.Ltd., Milton Exports Pvt. Ltd., C.C.CHOKSHI ADVISORS PRIVATE LIMITED, Milton Plastics Ltd. and Managing Director ZENITH G CORP REALTY PRIVATE LIMITED."


Jayesh Sheth

Managing Director

"Mr.Jayesh Sheth has over 32 years of capital markets experience and has been in charge of running the KC Group operations, transforming it from a one table outlet to a conglomerate of more than 600 branches and franchisees, spread across India. He is an active member on many capital market related committees and has served as a board member (elected) of The Bombay Stock Exchange for six years and also was the Honorary Treasurer of BSE for three years. He holds the Bachelor of Laws and Bachelor of Commerce degrees."


Raj Bhandari

Director & CEO

"He has over 15 years of experience in capital market and has worked as an Executive Director of a listed stock broking company. He is a professional with extensive experience in different areas of Broking and holds the credential of successfully setting up Institutional and Retail broking business at Networth Stock broking Ltd. He has excellent analytical and problem solving faculties with ability to work out innovative solutions. His core strength includes managing teams, advising clients, managing equity investments, strategizing and implementation."


Mrs.Reshma Chalke

Director Finance

"Mrs. Reshma Chalke has been with KC Group since September 2010, She has over 8 years of work experience in the areas of Compliance, Risk Management, Finance & Facility. She provides leadership in the development for the continuous evaluation of short and long-term strategic financial objectives. She monitors the cash flows of the Company to arrange short term, long term and working capital funds. Thereby ensures effective Fund Management. Mrs. Reshma Chalke holds a Master degree in Business Administration (Specialization in Finance) from Institute for Technology & Management and also holds a Bachelor’s degree in Management Studies."


John Caird


"Mr. John George Caird has been with KC Group since June, 2009. He holds the degree of BA (Hons) Economics, AIB (Scot), MSI. He has 30 years of experience in the city of London with a number of leading international financial service groups. Held credit, marketing, structuring and origination roles with experience across a wide range of business sectors including real estate, aerospace, construction, infrastructure, manufacturing, commerce and energy (conventional and alternative) in the UK, USA and EU."

The Executive Team

Mr.Surya Nayak

Head - Research & Sales

Mr. Surya has over 11 years of research experience in equity space and advance knowledge of equity market ecosphere, corporate valuations, management evaluation, financial modeling & analysis. He has overall understanding of businesses across many a sectors and Indian economy as well. He has forte in conducting research in the under-researched companies to figure out grossly undervalued companies ahead of the market. He has authored few industry research papers in selected sectors, like Indian mobile phone manufacturing, medical device and micro-finance. Presently at KC Securities he is providing fundamental and technical research inputs/ research notes to the Institutional Sales & Dealing department of the company.

Mr.Abhay Dhumal

Head Operations.

Mr. Abhay Dhumal holds more than 25 years’ of experience in Stock Market and handling Risk as a profile. Currently he manages market risk across asset classes including derivatives, equity and equity derivatives, and securities financing. Monitor adherence to risk limits for all trading activities using quantitative measures, including Value at Risk (VaR) and stress tests. Responsible for all the day-to-day functioning in the organization and make sure all the process flow is smoothen.

Mr.Vijay Purohit

Head - Institution Sales.

Mr. Vijay Purohit is a result oriented Capital market professional with over 23 years of experience in the equity market serving most of the largest Domestic Institutions. At KC he is responsible for bottom-up ideation along-with research desk to generate absolute returns for institutional clients, analyzing market trends to formulate effective and profitable trading strategies. He regularly communicates with institutional clients providing market colors & investment ideas. He is also actively involved in business development through empanelment of new clients .He has developed expertise of understanding various businesses that put him in good stead in evaluating equity investments in the global emerging markets, especially India.


Mrs.Pallavi Walawalkar

Vice President - Accounts & Human Resource.

More than 8 years of rich experience and is responsible for preparation of Accounts and finalization of Balance Sheet. Co-ordinates with the Internal and Statutory Auditor. She is also responsible for Manpower planning / budgeting, talent acquisition, retention strategy, delivery as per SLA, preparation of HR policies, generalist HR operations for KC Group of Companies. Working around to build a culture where employees personal satisfiers are aligned with Organizational satisfiers creating highly engaged workforce.

Mr.Amit Gupta

Head - Information Technology.

Mr. Amit Gupta holds 12+ years of experience in Software Development, Techno Functional, IT Operations and Software / IT PMS in capital market. His responsibility includes Application Development, System Integration, Project Management, Process Improvement and Team Management.


Mr.Ajay Shah

Vice President - Compliance.

Mr. Ajay Shah holds more than 25 years of experience in different areas of Capital Market. He is serving as Compliance Officer for BSE / NSE and DP (CDSL) since inception of the Segment in Company. Advice and Support business in overseeing day to day activities thereby ensuring Compliance with internal and external regulatory requirements.