Market Leader

Avana Logistek Ltd is the result of the merger between Shreyas Relay Systems Ltd and Balaji Shipping Lines.

We are a leading integrated logistics solutions provider, offering customized and end-to-end solutions to domestic and international markets. We offer a broad spectrum of strategic and operational logistics support services to domestic and international geographical markets through our seamless, energy efficient and “environment friendly” logistics solutions. Our technology-enabled, “asset-light” business model allows scalability to our services as well as our robust streamlined business and operational processes enable us to offer efficient and customized logistics solutions to our customers.

Our connectivity between various ports ensures integrated coverage which our customers can utilize to manage cost, time and productivity efficiencies. We believe that our end-to-end solutions offering also offers cost advantages for our customers.



Mr. Ramesh S Ramakrishnan, Chairman

Ramesh S Ramakrishnan


Ramakrishnan Sivaswamy Iyer is the Executive Chairman of our Company. He holds a bachelor's degree in commerce from the University of Mumbai. Currently, he is enrolled in the Owner/President Management Program at Harvard Business School. He has over 39 years of experience in the shipping and logistics industry, Previously, he has been associated with Shreyas Shipping and Logistics Limited in the capacity of its chairman and managing director.

In 2011, he received 'The Maritime Personality of the Year' award at the Maritime and Logistics Awards. In 2012, he received the 'Logistics CEO of the Year' award at the Indian CEO Awards. In 2013, he received the 'Logistics CEO of the Year' award at the CEO Awards, 2013. He was also named as one of the 'Top 100 Indian Leaders in the UAE' by Forbes, Middle East in 2013. His name was also included in the list of 'Top Indian Leaders in the Arab World' in 2014, 2015 and 2016 and in the list of 'Top 100 Indian Business Owners in the Arab World 2018' by Forbes, Middle East. He has been a Director on our Board since March 17, 1994.

Mr. S Varadarajan, Managing Director

S Varadarajan

Managing Director

Sundaresan Varadarajan is the Managing Director of our Company. He holds a bachelor's degree in science from the University of Madras and a bachelor's and a master's degree in commerce from Osmania University. He also holds post graduate diplomas in financial management and taxation laws from Annamalai University. He has over 35 years of experience in the shipping and logistics industry. Previously, he has been associated with Meridian Shipping Agency Private Limited, SRS Freight Management Limited, Vadhyar Offshore Services and Chettinad Cement Corporation Limited in various capacities. He has been a Director on our Board since June 15,2017.

Mr. Ritesh S Ramakrishnan, Joint Managing Director

Ritesh S Ramakrishnan

Joint Managing Director

Ritesh Sivaswamy Ramakrishnan is the Joint Managing Director of our Company. He holds a bachelor's degree from Purdue University, USA with a B.Sc in Logistics and a double minor in communication and finance in 2009. He has been awarded a distinction certificate after completion of the Galbraith's Shipping Course in London. To further hone his leadership skills, he successfully graduated from the Programme for Leadership Development at Harvard Business School in 2017. He has eight years of experience in the shipping and logistics industry. He is a member at Young Presidents Organization (YPO), the premier global leadership organization of chief executives in the world, and also a member of TiE Dubai a global network of entrepreneurs, business leaders, domain experts and mentors. He was named as one of the 'Top Indian Leaders: The Next Generation 2018' and 'Top Indian Leaders 2017: The Next Generation' , in 2018 and 2017, respectively, by Forbes, Middle East. He was also recognised as a 'Global Next Generation Business Leader' in the Lloyds List in 2015. He has been a Director on our Board since May 30, 2012.

Mr. N Gopalakrishnan, Director - Strategic Finance

Mr. N Gopalakrishnan

Director - Strategic Finance

Gopalakrishnan Nanjundaeswaran is a Director - Strategic Finance of our Company. He holds a bachelor's degree in commerce from the University of Kerala. He is also a certified fellow chartered accountant from The Institute of Chartered Accountants of India and a certified fellow company secretary from the Institute of Company Secretaries ofIndia. He has over 37 years of experience in the commercial, operational, governance and financial aspect of shipping and logistics industry. Previously, he has been associated with Gokak Patel Volkart Limited, Assotex Engineering Industries Limited, Chemosyn Private Limited, Raknor Private Limited, Alltek Emirates Limited, Virginia Industries Limited, Senator Lines R.C. Limited, Hanjin Shipping India Private Limited, ABG LOA Bulk Handling Private Limited and International Cargo Terminals and Infrastructure Private Limited, in various capacities. He has been a Director on our Board since May 1,2018.

Capt Leslie Reis, Non-Executive Director

Capt Leslie Reis

Non-Executive Director

Captain Leslie Reis is a Non-Executive Director of our Company. He has passed the pre-professional engineering examination from the University of Poona. He has been awarded a certificate of competency as a master on a foreign going ship in relation to the Merchant Navy by the Government of India. He has over 44 years of experience in the Shipping industry. Previously, he has been associated witil the Shipping Corporation of India Limited, Gokak Patel Volkark Limited and Container Movement (Bombay) Transport Private Limited in various capacities. He has been a Director on our Board since May 24, 2018.

Capt. Milind Patankar, Non-Executive Director

Capt. Milind Patankar

Non-Executive Director

Captain Milind Kashinath Patankar is a Non-Executive Director of our Company. He has been awarded a certificate of competency as extra master in relation to the Merchant Navy by the Government ofIndia. He is a certified fellow of the Institute of Chartered Shipbrokers and The Nautical Institute, United Kingdom. He is a member, fellow member and director of The Company of Master Mariners of India. He is also a member of the Shipping, Transport & Logistic Committee of the Bombay Chamber of Commerce and Industry. He has over 30 years of experience in the maritime sector. Previously, he has been associated with the KC Maritime group, Orient Express Ship Management Limited, the Shipping Corporation of India Limited and Transworld Bulk Carriers (India) Private Limited in various capacities. Currently, he is also on the board of the Maritime Association of Shipowners Shipmanagers and Agents and the Maritime Training and Research Foundation. He has been a Director on our Board since May 24, 2018.

Mr. Amitabha Ghosh, Independent Director

Mr. Amitabha Ghosh

Independent Director

A Chartered Accountant by profession and a fellow member of the Indian Institute of Bankers, Mr. Amitabha Ghosh started off his career at Allahabad Bank in 1951 as the first Indian Probationary Officer. He was eventually elevated to the post of Chairman and Managing Director after holding various important assignments in the Bank. His journey took him to greater heights as the Deputy Governor of Reserve Bank of India from 1982 to 1984 and from 1985 to 1992, and as the Chairman of Reserve Bank of India Services Board during 1992-1993. A prolific writer and thinker, he has also contributed a number of articles to various publications of the Government of India and the Reserve Bank of India.

Mr. D.T. Joseph, Independent Director

Mr. D.T. Joseph

Independent Director

Mr. D.T. Joseph is an IAS (Retd) by profession. Following his stint as Secretary (Co-ordination) in the Cabinet Secretariat, he took over as Secretary in the Ministry of Shipping in the year 2003 and retired in 2005. Instrumental in getting the tonnage tax option implemented for shipowners, he has also served as Director General of Shipping where he streamlined chartering guidelines for ships in March 2000 and simplified Articles of Agreement for sailors. He also influenced the liberalization of maritime training and education, setting up standards for private institutions and building maritime constituencies, and played an important role in the preparation of the comprehensive draft Maritime Policy and the National Maritime Development Programme.

Hariharan Padmanabhan, Independent Director

Hariharan Padmanabhan

Independent Director

Hariharan Padmanabhan is a serial entrepreneur, a global corporate board level executive, mentor and angel investor. He is currently Executive Chairman of the Encore Group, prior to which he was the Chief Strategic Advisor at 3i Infotech. His guidance led 3i Infotech to establish itself in Capital Markets, Banking and Investment Management areas in the Middle East & Africa region and the Insurance and Banking segments in Europe. He is on the board of Prime Focus Ltd, and LKP Finance Ltd and has angel invested and mentored TrackIT, an RFID company in Dubai. A Bachelor of Technology from IIT Kanpur and a Post Graduate in Management from IIM Kolkatta, his 'not for profit' activities include being the current Chairman of Pan IIT Alumni India, Founder Patron of the Pan IIT alumni Reach for India Foundation and Director of Pratham in Dubai.

Ms. Rani Jadhav, Independent Director

Ms. Rani Jadhav

Independent Director

Ms. Rani Jadhav worked for 38 years in the Indian Administrative Service before retiring in 2008 from the position of the Chairperson, Mumbai Port Trust in the rank of Secretary, Government of India. During this period she held a number of senior positions, both at the federal and state levels and therefore is very well acquainted with all aspects of public administration in India. She was associated with the highest levels of decision making in government and contributed significantly to policy formulation during her tenure.

Mr. Anil Gupta, Independent Director

Mr. Anil Gupta

Independent Director

Anil Kumar Gupta is an Independent Director of our Company. He holds a bachelor's degree and a master's degree in arts (economics) from the University of Delhi. He also holds a master's degree in philosophy (economics) from the University of Delhi and a post graduate diploma in management from the Management Development Institute, Gurgaon. He has over 35 years of experience in the transportation sector. Previously, he has been associated with the Container Corporation of India as its chairman and managing director and with the Indian Railways. He has been a Director on our Board since November 13,2017.

Ms. Maya Sinha, Independent Director

Ms. Maya Sinha

Independent Director

Maya Swaminathan Sinha is an Independent Director of our Company. She holds a bachelor's degree and a master's degree in arts (economics) from University of Delhi. She has over 32 years of experience, including 28 years in the civil services. Previously, she has been associated with the Indian Revenue Services in various capacities. She has also served as a Deputy Chairman of Jawaharlal Nehru Port Trust. In 2013, she set up a consultancy firm, Clear Maze Consulting Private Limited. She has been a Director on our Board since April 26,2018.



Ms. Namrata Malushte, Company Secretary & Chief Governance Officer

Ms. Namrata Malushte

Company Secretary & Chief Governance Officer

Namrata Malushte is the Company Secretary and Compliance Officer of our Company.She holds a bachelor's degree in commerce from the university of Mumbai.She is also a certified company secretary from the Institute of Company Secretaries of India.She has over 15 years of experience in the corporate secretarial field.She has been associated with our Company since May 8,2018

Sanjay Bohra, Chief Financial Officer

Sanjay Bohra

Chief Financial Officer

Accounts & Finance professional with 18 years plus experience across Shipping, Logistics and Infrastructure industries like Shipping Agency, Forwarding, Consolidation, Container terminals & Container freight station. Working as CFO and member of core business strategy group of Holding Company in India having one overseas subsidiary which has four down the line subsidiaries. Responsible for accounting and financial controls, business planning and budgeting, compliances and cost controls at holding company level. Specialized in activity-based costings and business structuring

K B Balmurali, Chief People Officer

K B Balmurali

Chief People Officer

Human Resource professional with experience across various Industries like Shipping, Logistics, Aviation and ITES. Holds post-graduation degree of Master in Labour Studies and Graduate in Commerce from Mumbai University. Responsible for the entire gamut of Human Resources functions across Group Companies, globally. Actively associated with various social institutions involved in People upliftment and Charity work.

Prabhakar Posam, Chief Information Officer

Prabhakar Posam

Chief Information Officer

Mr. Prabhakar Posam, Chief Information Officer is a Commerce graduate from Mumbai University and a PGDCA & PMP certified professional with 21 years of experience, with a passion for technology innovations. He is responsible for the IT and ERP functions including digitalization and automation processes & operations, communication platforms integrated Business intelligence tools, mobile based interface applications systems, business process improvements etc. His accolades include IT awards by IT Next, PC Quest, CIO Axis, Exit media as one of the best CIO's in India and one of the most prestigious awards in the Information Technology field ie World's Premier 100 IT Leaders for the year 2017

C M Muraleedharan, President

C M Muraleedharan


C M Muraleedharan is an Economics graduate having over 28 years of experience in the Shipping & Logistics industry. He is associated with Transworld group since 1992 successfully handling diverse set of assignments ranging from Liner, Agency and Multimodal logistics. He has been instrumental in developing the Coastal Business along Indian coast and expanding coastal services network to all coastal states in India from Gujarat upto West Bengal covering all major ports. He represents maritime/coastal trade in the various associations such as Treasurer - Steamship Agents Association - Kandla & Vice President - Container Shipping Lines Association Kandla/Mundra.

Captain Rakesh Raje, Vice President, Avana Global FZCO

Captain Rakesh Raje

Vice President, Avana Global FZCO

Supply Chain Professional with 27 years of experience in Shipping and Logistics industry including 18 years of seafaring experience. Has an in-depth experience of Commercial and Operational management of vessel and container fleets. He has served in various business units within the Group and has exposure to feeder and bulk carrier divisions.

He is a graduate in Nautical Sciences and a Master Mariner with 5 years in command of vessels. Additionally, he holds a post graduate MBA degree from IIM Ahmedabad and a MICS certification. Responsible for heading Avana Liner across all functions, development of the Liner business and entry into new trade lanes.

K Srikanth, Vice President, Liner

K Srikanth

Vice President, Liner

K srikanth is an Post graduate in Economics graduate having 25 years of extensive experience in the shipping & logistics industry. Since 1993 -2018 he is associated with diversified shipping & logistics group named Transworld group of companies, Managing liner Agency of the group & oveseas assignment in USA on logistics front. He has been instrumental in expanding New services for the Europe/fareast/USA sector for the prinicpals group represented . In last three years he has developed ISO tank product line for coastal shipping and international shipping routes. He has represented as a speaker in seminar & conferences in Maritime & logsitics. Data Anlaytics/market Research /commercial is his forte of strength. An active sport enthusiast & A Team builder

Dharmindraa Bhatt, Vice President, Cold Chain

Dharmindraa Bhatt

Vice President, Cold Chain

Dharmindraa Bhatt, is Vice President spearheading Cold Chain Division of Avana Logistek Ltd. An MBA with duel specialization in Marketing and Information Technology, he also holds a diploma in Multi Modal Transportation from Indian Railways. He has 18 years of extensive logistics and distribution experience in varied sectors like QSR, processed frozen food, petrochemicals and industrial chemicals, with proven ability to ensure first class delivery to customer base. Prior to his current position, he has civilized his supply chain expertise while working for companies like Radhakrishna Foodland, Safexpress Pvt Ltd, Reliance Logistics Limited and Future Supply Chains Limited

R. Sivaramakrishnan, Vice President

R. Sivaramakrishnan

Vice President

A shipping professional with more than 25 years of shipping experience having worked various shipping agencies for different overseas principals. A member in one of the oldest shipping institute, The Institute of Charted Ship Brokers, London, UK and a graduate in Economics issued by University of Madras. Very strong in process and a certified ISO internal auditor and participated in the ERP development for the Group and Principals. He is responsible for Container Management Cell

Atul Birani, GM, 3PL

Atul Birani


Supply Chain professional with extensive experience and expertise in developing supply chain strategies, warehousing and distribution solutions, systems, data analytics and processes to coincide with changing market demands, operational needs and competitive pressures. Holds post-graduation degree in Commerce and masters diploma in business administration from Symbiosis Institute of Management Studies. Responsible for managing 3PL business which includes warehousing and distribution across India with multiple industry vertical.

Avneesh Panwar, All India Sales Head

Avneesh Panwar

All India Sales Head

A sales & marketing professional with over 18 years shipping and logistics experience. Hold a Post-graduation degree in business management from Rajasthan University. He has been working with the Group in various positions and different business units like International shipping agency , domestic coastal shipping, container freight station. Currently responsible for all India sales and marketing functions in India.

Pankaj Singhi, GM, Key Accounts

Pankaj Singhi

GM, Key Accounts

Mr. Pankaj Singhi is a dynamic young professional, who has risen from grassroot level from Management Trainee to senior managerial level in the various fields of Logistics within the Group . He holds MBA degree in port and Shipping Management and attended port Strategic management Programme in IIM, Ahmedabad and associated with Group from last 10 Years. He possesses innovative operational, commercial and man-management skills. He has played an active role in development of Coastal business. He is excellent in decision making with analytics and data mining and has a proactive approach towards business, He always looks up for the innovation and understands the changes in business trends and quickly adapts in accordance with the customer's requirements. He is always striving to exceed the customer's expectations by adopting contemporary management.

Ranjit Kakhandki, DGM, International Agencies

Ranjit Kakhandki

DGM, International Agencies

Marketing professional with over 15 years of Shipping & Logistics experience. Holds a post-graduation degree in Marketing (MMS) from Mumbai University. Has considerable experience in international trade and liner Shipping. Associated with Transworld Group since 2005. Currently heading the entire commercial desks across the global liner network as well as in house agency networks across the Middle East locations









Be the preferred business partner for global logistics solutions, committed to the highest standards of excellence.

To consistently create experiences where passion and purpose come together to innovate, excel and contribute to a better future.

  • Integrity
  • Transparency
  • Respect
  • Customer Centrality
  • Excellence
  • Social and Environmental Responsibility


It's a pleasure to be able to present Avana Logistek, a technology-enabled logistics company currently operational in India and the Middle East.

Drawing from its parent company, Transworld Group's principles, Avana Logistek aims to stand for quality, reliability and commitment to excellence.

From our firmly founded pillars of Coastal Shipping, International Liners Shipping, Refrigerated Logistics, Warehousing and Distribution, we look forward to the future with confidence, to be a global shipping and logistics service provider.



Avana Logistek is a member of The Transworld Group of Companies. Established in 1977 by Mr. R. Sivaswamy the group commenced operations as a shipping agency in Bombay, and has now diversified into a multi-faceted Shipping and Logistics conglomerate.