1996. Nimbua Greenfield (Punjab) Limited During the start of the century, S. P. Oswal rallied a few like-minded companies for tackling the issue of hazardous waste disposal. Nine companies, including Vardhman Group, came forward and with the assistance from Punjab Pollution Control Board and the Government of India, a public limited company, Nimbua Greenfield (Punjab) Limited, was floated on 1 March 2004. The primary focus of the company was to develop common facilities for the storage, treatment and disposal of hazardous waste. The newly formed company set up a facility at Nimbua village, in Mohali on 23 October 2007. The company claims that it treated and disposed 113763 tonnes of hazardous industrial waste since inception till 31 July 2013. This waste management, spread on a land f 20 acres, facility has an estimated life till 2030. Positions Business Positions Chairman and managing director – Vardhman Textiles Ltd Chairman – Vardhman Holdings Ltd Chairman – Vardhman Acrylics Ltd Chairman – Nimbua Greenfield (Punjab) Ltd Social Positions Chairman – National Committee on Textiles, Confederation of Indian Industry Director – Exim Bank of India Director – UTI Trustee Company Pvt Ltd (He resigned from the post in 2013) Chairman – Indian Institute of Technology, Delhi Chairman – Managing Committee- Sri Aurobindo College of Commerce and Management Member – National Council, Confederation of Indian Industry Member – Industrial Advisory Council, Government of Madhya Pradesh Member – Board of Governors – Punjab Technical University, Jalandhar Member – Senate, Punjab University Founder President and Director (1983–87)- Ludhiana Stock Exchange Awards and recognitions Padma Bhushan – 2010 Udyog Ratna – Punjab University See also Vardhman Group of Companies External links Interview with S. P. Oswal Sri Aurobindo College of Commerce and Management Padma Bhushan award ceremony Business performance – Vardhman Group Interview on Market Times TV – YouTube video News on business expansion in Business Standard References 1942 births Living people Recipients of the Padma Bhushan in trade and industry Businesspeople from Punjab, India Indian chairpersons of corporations