Edition:
India

Havells India Ltd (HVEL.NS)

HVEL.NS on National Stock Exchange of India

659.05INR
25 Sep 2020
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Summary

Name Age Since Current Position

Anil Gupta

51 2014 Executive Chairman of the Board, Managing Director

Rajesh Gupta

62 Group Chief Financial Officer, Director - Finance, Executive Whole-time Director

Sachin Sharma

Executive Vice President - Finance

Sanjay Gupta

2016 Compliance Officer, Vice President, Company Secretary

Ameet Gupta

Executive Whole-time Director

Siddhartha Pandit

2019 Executive Whole-time Director

Puneet Bhatia

53 Non-Independent Non-Executive Director

Surjit Gupta

78 Non-Independent Non-Executive Director

T. V. Mohandas Pai

57 Non-Independent Non-Executive Director

Vivek Mehra

64 2020 Additional Independent Director

Subhash Mundra

65 2020 Additional Independent Director

B. Prasada Rao

66 2020 Additional Independent Director

Vijay Chopra

74 2009 Non-Executive Independent Director

Jalaj Dani

2017 Non-Executive Independent Director

Adarsh Kishore

2010 Non-Executive Independent Director

Pratima Ram

2014 Non-Executive Independent Director

Upendra Sinha

2018 Non-Executive Independent Director

Vellayan Subbiah

50 2016 Non-Executive Independent Director

Surender Tuteja

74 2010 Non-Executive Independent Director

Biographies

Name Description

Anil Gupta

Shri. Anil Rai Gupta is Executive Chairman of the Board, Managing Director of Havells India Limited, Mr. Anil Rai Gupta served as the Executive Director of Havells since 1992, before becoming Chairman and Managing Director in 2014. He holds an MBA degree in Marketing and Finance from the Wake Forest University, USA. He is one of the founding members of the Ashoka University, and is deeply committed to economic and societal goals of Havells.

Rajesh Gupta

Shri. Rajesh Kumar Gupta is Group Chief Financial Officer, Director - Finance, Executive Whole-time Director of Havells India Limited. Mr. Rajesh Kumar Gupta is a qualied Chartered Accountant with extensive experience in nance and allied elds. He has been associated with the QRG group since the beginning of his career and played a multi-dimensional role in creating its culture, systems and processes. .

Sachin Sharma

Sanjay Gupta

Ameet Gupta

Shri. Ameet Kumar Gupta is Executive Whole-time Director of the company. Mr. Ameet Kumar Gupta leads new projects and new manufacturing facilities of the QRG Group. He has done Engineering in Electronics & Communication from Delhi University followed by an MBA in Marketing and Finance from Wake Forest University, USA.

Siddhartha Pandit

Shri. Siddhartha Pandit serves as Executive Whole-time Director of the Company. Mr Siddhartha Pandit has been heading the Legal Department of the Company since 2015. LEP (Leadership Excellence Program) from Harvard Business School and BA LLB from Delhi University, Mr. Pandit is an astute legal professional with over 27 years of extensive experience across industries with expertise in Contract Drafting & Negotiations, Litigation Management (Civil & Criminal), Dispute Resolution, Mergers and Aquisitions, Statutory Compliances, Intellectual Property Rights (IPR) etc. He began his career by gaining court experience under Mr. P.P Malhotra (Sr. Advocate) and also worked with Rajinder Narain & Co. Later he moved into Corporate to work with Max India, Samsung, Ciena, Carrier and Tower Vision. In his last assignment, he was associated with Indus Towers as VP - Legal.

Puneet Bhatia

Shri. Puneet Bhatia is Non-Independent Non-Executive Director of the company. Mr. Puneet Bhatia is the successful Managing Director and Country Head of India for TPG Asia. Prior to joining TPG Asia in April 2002, Shri Puneet Bhatia was Chief Executive, Private Equity Group for GE Capital India, where he was responsible for conceptualizing and creating its direct and strategic private equity investment group. Before that, he was also associated with ICICI Ltd. from 1990 to 1995 in the Project and Corporate Finance group and thereafter worked as Senior Analyst with Crosby Securities from 1995 to 1996 covering the automobiles and consumer sectors. Presently Bhatia serves as the Director on the Boards of Shriram Transport Finance.

Surjit Gupta

Shri. Surjit Kumar Gupta is Non-Independent Non-Executive Director of Havells India Limited. Mr. Surjit Kumar Gupta pioneered the technology and culture for delivering high-quality engineering products at Havells and has successfully guided the Company to enter into several foreign alliances.

T. V. Mohandas Pai

Shri. T. V. Mohandas Pai is Non-Independent Non-Executive Director of the company. Mr. Mohandas Pai is fundamental activist in the development of the IT services industry in India, Shri T. V. Mohandas Pai have successfully instituted several industry-firsts in the Country. Prior to this, he was a Member of the Board at Infosys Ltd., where he also served as CFO and the lead for Human Resources and Education & Research. He co-founded Aarin Capital Partners in early 2012 to fund opportunities in Health Care, Life Sciences, Education and Technology-led businesses. He is also the Chairman of SEBI Primary Markets Advisory Committee (PMAC). He was a Trustee of the International Financial Reporting Standards (IFRS) Foundation and a Member of the Dr. Anil Kakodkar Committee on Autonomy for the IITs and the Karnataka Knowledge Commission. Pai is currently a Member on the Boards of IIT, Hyderabad. Chairperson, FICCI Higher Education Committee. He was a Member of various important national committees like the Kelkar Committee, constituted by the Ministry of Finance, GoI; the Non-Resident Taxation Committee as well as the Chair of the Karnataka ICT Group 2020. A keen philanthropist, Sh. T.V. Mohandas Pai helped set up the Akshaya Patra Foundation in Bangalore with other likeminded persons. In April 2015, the President of India awarded him the Padma Shri in recognition of his efforts for the betterment of the nation in areas of Trade and Industry.

Vivek Mehra

Mr. Vivek Mehra serves as Additional Independent Director of the Company. Mr. Vivek Mehra is a well-respected senior Chartered Accountant with an illustrious professional career spanning over 40 years and experience spanning across sectors in Tax and Regulatory domains of Merger & Acquisition specializing in Cross-border Investment and Transaction Structuring. He has held various leadership roles till April 2017 in PriceWaterhouseCoopers Private Ltd. (‘PWC’) as Partner/ Executive Director. He was the founder and national leader for PwC Regulatory and M&A Practices and has been elected on PwC Governance Oversight Board for two consecutive terms. He has been a fellow member of the Institute of Chartered Accountants of India since 1979 and has also given his valuable contribution as a member of the Federation of Indian Chambers of Commerce and Industry (FICCI) Steering Committee and National Executive Committee

Subhash Mundra

Shri. Subhash Sheoratan Mundra serves as Additional Independent Director of the Company. Mr. Subhash S Mundra retired as Deputy Governor of Reserve Bank of India on 30th July 2017 after completing a stint of three years. Prior to that, the last position held by him was as Chairman and Managing Director of Bank of Baroda from where he superannuated in July 2014. In his banking career spanning over four decades, Mr. Mundra held several important positions including that of Executive Director of Union Bank of India, Chief Executive of Bank of Baroda (European Operations) amongst others. He also served as RBI’s nominee on the Financial Stability Board (G20 Forum) and its various committees. Mr. Mundra was also the Vice-chair of OECD’s International Network on Financial Education (INFE). Amity University has conferred the Degree of Doctor of Philosophy (D.Phil.), Honoris Causa, upon Mr. Mundra, in recognition of his services in the field of banking and related areas. He is now on the Board of BSE Ltd., DSP Investment Managers Pvt. Ltd., Indiabulls Housing Finance Limited, Airtel Payments Bank Limited, Acuite Ratings & Research Ltd., and Ayana Renewable Power Private Limited as Independent Director, besides being on various Advisory Boards such as of M/s. Encore Asset Reconstruction Pvt. Ltd., Global Risk Advisory Committee of PayU Global – Netherlands, India Advisory Board of Master Cards, Governing Board of IMT – Ghaziabad, to name a few.

B. Prasada Rao

Shri. B. Prasada Rao serves as Additional Independent Director of the Company. Mr. B Prasada Rao served as the Chairman and Managing Director (CMD) of Bharat Heavy Electricals Limited, India till 31st December 2015, a Maharatna enterprise that ranks among the world’s leading companies engaged in Power Plant Equipment (PPE) manufacture with sales spread over 76 countries. During a career spanning more than 37 years in BHEL, Mr. Rao handled a variety of assignments and has diversified, versatile and varied experience both in Strategic as well as operational areas in all business segments of BHEL. He was elevated to the Board of BHEL in 2007 and as its Chairman & Managing Director in 2009. Mr. Rao served as member of the Studies Group of World Energy Council for two terms. He was the Chairman of CII Public Sector Enterprises Council, was on the Board of Governors of IIM, Kashipur and is a Fellow of the Institution of Engineers (India) and Indian National Academy of Engineering. He has to his credit a number of awards and accolades, both institutional and individual. Post retirement from BHEL, he has taken up the responsibility as Managing Director of Steag Energy Services India, a 100% owned subsidiary of Steag Energy Services Germany- an organization involved in offering Engineering, consultancy and other services related to improvement of Energy Efficiency, in Power Sector including Operation and Maintenance of all types of Power Plants. Mr. Rao was conferred with the “Engineering Excellence Award by the title of “Prof. S N Mitra Memorial Award 2018” – by the Indian National Academy of Engineers. Further Mr. Rao was conferred “Honorary Doctorate” by Jawaharlal Nehru Technological University, Kakinada. Honourable Governor of Andhra Pradesh presented the same during Aug’19 at the University convocation function.

Vijay Chopra

Shri. Vijay Kumar Chopra serves as Non-Executive Independent Director of the Company. Mr. Vijay Kumar Chopra is a professional Chartered Accountant with a vast experience in nance and banking policies. He has held top leadership positions in renowned banks such as Central Bank of India and Punjab & Sindh Bank Corporation.

Jalaj Dani

Mr. Jalaj Ashwin Dani serves as Non-Executive Independent Director of the Company. Mr. Jalaj Dani is the co-promoter of Asian Paints and has studied Chemical Engineering from USA and is a Certicate holder for participation in the Advanced Management Program conducted by INSEAD. He was identied as 'Stars 2000' - Potential Leaders in the New Millennium by 'Business India' Magazine.

Adarsh Kishore

Dr. Adarsh Kishore serves as Non-Executive Independent Director of the Company. Dr. Adarsh Kishore is a member of the 1969 batch of IAS, Rajasthan Cadre. He holds a Doctorate in Political Economy and has been the Former Finance Secretary, GoI and Former Executive Director of International Monetary Fund (IMF) representing Bangladesh, Bhutan, India and Sri Lanka.

Pratima Ram

Smt. Pratima Ram serves as Non-Executive Independent Director of the Company. She is a graduate from University of Virginia, USA and Bangalore University. An experienced banker with three decades of service in Corporate, International and Investment Banking, she has held leadership positions in India, USA and South Africa.

Upendra Sinha

Mr. Upendra Kumar Sinha serves as Non-Executive Independent Director of the Company. Mr. Upendra Kumar Sinha is the former Chairman, Securities and Exchange Board of India. Prior to this, he was the Chairman and Managing Director of UTI Asset Management Company and was the Joint Secretary (Banking and Capital Markets), Ministry of Finance, GoI. An ex-IAS officer, he holds degrees in Master of Science and Bachelor of Law.

Vellayan Subbiah

Shri. Vellayan Subbiah is Non-Executive Independent Director of the Company. Mr. Vellayan Subbiah is the Managing Director of Tube Investments of India Limited, Shri Vellayan Subbiah holds a Bachelor degree in Technology in Civil Engineering from IIT Madras and a Masters in Business Administration from the University of Michigan, USA. He has over 2 decades of experience in the varied fields of technology, projects and financial services. He has worked with Mckinsey and Company, Chicago, 24/7 Customer Inc. and Sundram Fasteners. He was the Managing Director of Laserwords from 2007-2010 and of Cholamandalam Investment and Finance Company Limited from 2010-17. Shri Vellayan is a recipient of the Extraordinary Entrepreneur of the Year - TiECON 2014 Award.

Surender Tuteja

Shri. Surender Kumar Tuteja serves as Non-Executive Independent Director of the Company. He is an IAS, FCS and M Com from DU with 1st position. Mr. Tuteja began a career as a lecturer of commerce in the esteemed Shri Ram College of Commerce (SRCC) and moved on to serve the Government of India (GOI) in various capacities. Besides, he has acted as a consultant to various international programmes carried out in the field of new technologies and innovations. He has also participated as a Member of the Indian Delegation in the Fourth Ministerial Conference of WTO held in Doha, Qatar. He was also the Chairman of the Committee on Revitalization of Sugar Industry and later a member of the group of experts constituted by GOI on Sugar Sector in 2007. He has also chaired the Pay Commission of the Government of Punjab (2006-09).

Basic Compensation

Name Fiscal Year Total

Anil Gupta

176,063,008

Rajesh Gupta

98,782,096

Sachin Sharma

--

Sanjay Gupta

8,023,200

Ameet Gupta

70,122,096

Siddhartha Pandit

7,614,460

Puneet Bhatia

1,180,000

Surjit Gupta

--

T. V. Mohandas Pai

1,240,000

Vivek Mehra

--

Subhash Mundra

--

B. Prasada Rao

--

Vijay Chopra

1,450,000

Jalaj Dani

1,390,000

Adarsh Kishore

1,330,000

Pratima Ram

1,540,000

Upendra Sinha

1,330,000

Vellayan Subbiah

1,330,000

Surender Tuteja

1,720,000
As Of  31 Mar 2020