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Board of Directors

The board of MFSL comprises of the promoters and well-known personalities with profound understanding of capital market related activities. Together, they bring in the requisite direction for MFSL towards its goal to outshine in its field. The organization is ably supported by its competent and knowledgeable staffs for effective accomplishments.


Following comprises of the board of directors

Mr Lalchand Munoth –Chairman

Born in 1938, Mr Lalchand Munoth has over 50 years of business experience amongst many industries including money management. His contribution has been immense for the group and he continues to participate in the business policies of MFSL.

Mr Lalchand Munoth heads various religious and charitable institutions and is a well-known philanthropist. He had participated and was honoured by shri Ashok Gehlot, Chief Minister of Rajasthan, in the International Rajasthani Conclave, 2000.


Mr. Jaswant Munoth - Managing Director

Born in 1965, Mr Jaswant Munoth is the group CEO. He has been the Managing Director of MFSL since inception and is instrumental in spearheading the organisation. The merchant banking division and Portfolio Management Services is headed by him since inception. He has exposure to the international business.

Mr Jaswant Munoth has been featured in many leading publications in India and oversees including the coveted magazine ‘India Today' on its cover page article 'Brats in Business'. He has also made presentation at various National and International forums including The Indus Entrepreneur (TIE) at Los Angeles, USA; International Rajasthani Conclave, 2000 held at Jaipur during September, 2000.

Mr Jaswant Munoth is a commerce graduate with a Master’s Degree in Business Administration.


Mr Bharat Munoth - Managing Director

Born in 1970, Mr Bharat Munoth is a Commerce graduate with extensive knowledge of stock markets. He handles Stock Broking and Depository divisions of the company.


Mr Vikas Munoth - Director

Mr Vikas Munoth is a Commerce graduate and holds a post-graduate diploma in Business Management specialising in Finance and Marketing. He is also a Chartered Financial Analyst with special interest in fundamental and technical analysis of securities.


Ms Lakshika Metha - Independent Director

Ms Lakshika Mehta is a commerce graduate and a Chartered Accountant. She had previously worked in Deloitte Haskins & Sons and handled Risk Advisory & Consulting Services as a field senior & as Specalist - local statutory reporting at Shell India Market Private Limited


Mr Sakthivelmurugan Masagounder - Independent Director

Mr Sakthivelmurugan Masagounder (DIN No: 08531800), aged 63 years has done Masters of Commerce and M.Phil (Finance) from university of Madras. He has done Ph.d in Commerce with specialization in Finance. He is also a qualified Company Secretary. He has 32 years of rich experience in the field of teaching and is the retired principal of private college at Chennai. He is Expert Committee Member at UGC, New Delhi. He is currently serving as Board of Studies Member in B.Com., CS of few Autonomous colleges . He is also phd Viva Vice Examiner of Madras University and Bharathiyar University


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