Edition:
India

Jindal Steel And Power Ltd (JNSP.BO)

JNSP.BO on Bombay Stock Exchange

106.95INR
18 Oct 2019
Change (% chg)

Rs2.40 (+2.30%)
Prev Close
Rs104.55
Open
Rs104.95
Day's High
Rs108.35
Day's Low
Rs103.70
Volume
2,031,564
Avg. Vol
1,290,290
52-wk High
Rs192.50
52-wk Low
Rs91.10

Summary

Name Age Since Current Position

Naveen Jindal

2012 Executive Chairman of the Board

Deepak Sogani

2017 Chief Financial Officer

Jagadish Patrra

2017 Vice President, Company Secretary

Vidya Sharma

2019 Managing Director, Additional Director

Dinesh Saraogi

2012 Whole-Time Director

Anjan Barua

2017 Nominee Director - State Bank India

Shallu Jindal

2012 Non-Executive Director

Sudershan Garg

62 2018 Independent Director

Arun Purwar

73 2018 Independent Director

Ram Shahi

67 2018 Independent Director

Aruna Sharma

2019 Additional Independent Director

Hardip Wirk

41 2018 Independent Director

Nishant Baranwal

2017 Head - Investor Relations

Biographies

Name Description

Naveen Jindal

Shri. Naveen Jindal is a Executive Chairman of the Board of the Company. He is the Chairman of Jindal Steel and Power Limited (JSPL), President of the Flag Foundation of India (FFI) and the Chancellor of the O.P. Jindal Global University. He has also represented Kurukshetra Parliamentary Constituency in the 14th and 15th Lok Sabha. He is a management graduate from the University of Texas at Dallas. Under his able leadership JSPL has transformed into a world-class organization with business interests across India, Asia, Australia and Africa. He had been the Managing Director of the Company for fourteen years upto 30th September, 2012. Under his able leadership and guidance, the Company completed various expansion plans and new projects successfully, achieved high levels of growth and established its footprint globally. He was among the 25 Indians, to be a part of the elite, 250 Young Global Leaders-2007; by the World Economic Forum. He was ranked as India’s Best CEO by the BTINSEAD- Harvard Business Review Study and JSPL was rated as the highest value creator in India for the period 1995 to 2011 by Business Today. He was also ranked, among the top ten India Inc’s Most Powerful CEO’s – 2011, by Economic Times-Corporate Dossier. He was conferred with the Ernst and Young Entrepreneur of the year, 2010 — award in the field of Energy & Infrastructure. Mr. Jindal, as the Founding Chancellor of the O.P. Jindal Global University was conferred with the Justice P.N. Bhagwati Award, by Dr. A.P.J. Abdul Kalam, former President of India, for his unique contribution to legal education and corporate philanthropy. Mr. Jindal won a decade-long legal battle, when the Hon’ble Supreme Court of India gave the historic judgment that gave all Indians, the fundamental right to display the National Flag with respect, dignity and honour. The Flag Foundation of India is an attempt to rekindle that spirit of nationalism and espouse reverence for the Tiranga.

Deepak Sogani

Mr. Deepak Sogani serves as Chief Financial Officer of the Company effective December 19, 2017. He has over 25 years of experience.

Jagadish Patrra

Mr. Jagadish Patrra serves as Vice President, Company Secretary of the Company. He is graduate in Law and Commerce.

Vidya Sharma

Shri. Vidya Rattan Sharma is Managing Director, Additional Director of Jindal Steel & Power Ltd. Mr. V.R. Sharma is having more than 36 years of Core sector industry experience like in Steel, Power, Cement & Mining both in India and abroad. He has the specialisation in execution and operations of green field and brown field projects. During this period, Prior to joining JSPL now in 2019, he worked in Companies like Abul Khair Group as Group Chief Executive Officer for their Steel, Power, Cement & Mining business. Jindal Steel & Power Limited as Deputy Managing Director and CEO (Steel), Bhushan Power & Steel Limited as Jt. Managing Director, Bhushan Steel Ltd. as Whole Time Director, ISPAT Industries Limited as Executive Director. Apart from above he also worked with other steel companies like Sipta / Comet Steel of Lloyd Steel Group, Socialist Steel Limited, Libya, Arrasate Steel Spa, Bilbao, Spain etc. He did his B.E. in Mechanical, MBA in marketing from UK and also holds Diploma in Mechanical Engineering from Chandigarh.

Dinesh Saraogi

Shri. Dinesh Kumar Saraogi is a Whole- Time Director of the Company. is the Chief Operating Officer (COO) Chhattisgarh which includes JSPL-Raigarh, Dongamahua Captive Power Plant, Raipur Machinery division, Raigarh Cement Plant and Steel Structural Division - Punjipatra. He is the Occupier and Whole-time Director & Mines Owner of the Company. His professional experience spans 38 years, out of which he has been associated with Jindal Group for the last 31 years. Mr. Saraogi holds a degree in Mechanical Engineering from Govt Engg. College, Jabalpur (M.P.) in the year 1981. He started his career at HDC Ltd, Kolkata (WB), and thereafter in M.P Carbide & Chemicals Ltd, Katni (MP). He joined Jindal Group in Nov 1988 and since then, Mr. Saraogi rose to positions of higher responsibility as he moved from Dy. Manager to the level of COO (CG) on July 06, 2019. Mr. Saraogi started his career in Jindal group at Jindal Strips Ltd., Hisar (Haryana) in November 1988. Here he successfully commissioned the pilot plant facilities for the production of Sponge Iron / Pig Iron and Ferro-alloys using Rotary Kiln for prereduction followed by smelting in Submerged Arc Furnace.

Anjan Barua

Mr. Anjan Barua is a Nominee Director - State Bank India of the company. He had held various assignments the last being Deputy Managing Director in charge of Global Markets. He was a Public Interest Director nominated by SEBI on the Board of National Securities Clearing Corporation Ltd. Prior to this he held Directorship of National Stock Exchange, Central Depository Services Ltd and The Clearing Corporation of India Ltd. He was also a Member of the Committee appointed by SEBI for suggesting reforms in the Corporate Debt Market. He has 41 years experience in Banking in India and abroad.

Shallu Jindal

Smt. Shallu Jindal is a Non-Executive Director of Jindal Steel And Power Ltd. She is a Non–Executive Director of the Company. She is a renowned Kuchipudi dancer and has performed with much acclaim and alacrity, both nationally and internationally at various venues across India and abroad. She was honoured with the 2nd Aaadhi Aabadi Women Achievers Award, 2010 and the ‘Indira Gandhi Priyadarshini Award 2007’ for her outstanding achievements in the field of Indian classical dance (Kuchipudi) and contribution in the field of art and culture, education and community development. She was awarded the 2012 Rex Karmaveer Puraskaar – ‘artist for change’ for her outstanding services and achievements in the field of Indian Classical Dance (Kuchipudi). The award also marks her contributions towards social

Sudershan Garg

Shri. Sudershan Kumar Garg is Independent Director of the Company. He is an Independent Director of the Company and also the Chairman of Governance and Business Ethics Committee, Member of Nomination & Remuneration Committee of the Company. He holds a bachelor’s degree in Commerce from Shri Ram College of Commerce and is a Chartered Accountant by profession since 1973. He has 45 years of varied experience in the field of Oil & Power. He has worked with Indian Oil Corporation Limited for 29 years and has acquired rich experience in Finance, Marketing, Pipelines, Excise & Customs, Oil Pricing etc. He was Executive Director (Finance) in Indian Oil Corporation. He joined the Board of NHPC Limited (A Govt. of India enterprise) as Director (Finance) in 2003. In October 2005, he was appointed Chairman and Managing Director of NHPC and NHDC Limited (a subsidiary of NHPC) and served at these posts for more than five years till his superannuation in December 2010. He was also the Chairman of Loktak Downstream Hydroelectric Corporation Limited. Under his able guidance, NHPC was conferred with ‘Mini Ratna Category – I’ status by GOI.

Arun Purwar

Shri. Arun Kumar Purwar is a Independent Director of the Company. He is independent Director on the Board of the Company. He holds a master’s degree in Commerce and a diploma in Business Administration. He also works as an independent director in leading companies across diverse sectors like Power, Telecom, Steel, Textiles, Engineering Consultancy, Pharma and Financial Services. He also acts as an advisor to Mizuho Securities, Japan. Mr. Purwar was the Chairman of State Bank of India, the largest Bank in the country from November 2002 to May 2006. He held several important and critical positions like Managing Director of State Bank of Patiala, Chief Executive Officer of Tokyo covering almost entire range of commercial banking operations in his long and illustrious career at the Bank. He was also associated in setting up of SBI Life. Mr. Purwar also worked as Chairman of Indian Bank Association during 2005-2006. Post his retirement from SBI, he was associated with a leading industry house in setting up the first healthcare focused private equity fund, and highly successful NBFC focused on funding real estate projects and educational institutions.

Ram Shahi

Shri. Ram Vinay Shahi is a Independent Director of the Company. He an independent Director on the Board of the Company. He holds a bachelor’s degree in Mechanical Engineering from the National Institute of Technology, Jamshedpur, postgraduation in Industrial Engineering from the National Productivity Council, Chennai, post graduate diploma in Business Management (equivalent to MBA) from Xavier Institute, Ranchi and a diploma in Advanced Industrial Management from Delft, Holland. He is a fellow of the World Academy of Productivity Sciences. He is also a fellow of the Institution of Engineers (India), a fellow of International Institute of Electrical Engineers and a fellow of the Indian National Academy of Engineering. He has technical, administrative and managerial experience of approximately 48 years. He has served as the Secretary, Ministry of Power, Government of India (GoI), from April 2002 to January 2007, prior to which he was Chairman and Managing Director of BSES Limited from 1994 to 2002. He also worked in various capacities with Hindustan Steel Limited (now Steel Authority of India Limited) for over ten years and NTPC Limited for sixteen years and was Director (Operations) on the Board of NTPC.

Aruna Sharma

Dr. Aruna Sharma serves as Additional Independent Director of the Company. Dr. Aruna Sharma is an Ex- Indian Administrative Service officer of the 1982 batch from the Madhya Pradesh cadre. She retired as Secretary - Steel, Government of India in 2018. Prior to that, she has held important positions in Government of India and at the State (Madhya Pradesh) as Secretary to Government of India, Minish·y of Electronics and Information Technology (MEITY), Additional Chief Secretary, Mini.shy of Rmal Development and Panchayati Raj, Govt. of Madhya Pradesh, Commissioner and Secretary Public Health, Govt. of Madhya Pradesh and Managing Director of the MP Dairy Federation. Dr. Sharma holds a Master degree in Development Studies from the University of Bath, United Kingdom and a PhD in Development Economics from Delhi University. She also holds position of Independent Director in Welsptu1 Enterprises Ltd.

Hardip Wirk

Shri. Hardip Singh Wirk is a Independent Director of the Company. He is an Independent Director on the Board of the Company. He holds a bachelor’s degree in law from Delhi University. He started his career in 1998 as a lawyer with Mr. P. V. Kapur, Sr. Advocate and has handled various cases in Delhi High Court, Company Law Board, Consumer Forum and Supreme Court of India. Thereafter, he joined M/s Trilegal, a Corporate Law firm, where he specialised in foreign investments, real estate and general corporate advice. In 2005, he started his independent practice specialising in foreign investment and real estate. He is a Director on Board of Jindal Power Limited (JPL), Etalin Hydro Electric Power Company Limited (EHEPCL) and Kamala Hydro Electric Power Company Limited (KHEPCL) He is a Member of Audit Committee, Nomination and Remuneration Committee and Corporate and Social Responsibility Committee of JPL and Audit Committee and Nomination and Remuneration Committee of EHEPCL & KHEPCL.

Nishant Baranwal

Basic Compensation

Name Fiscal Year Total

Naveen Jindal

121,825,000

Deepak Sogani

--

Jagadish Patrra

--

Vidya Sharma

--

Dinesh Saraogi

18,364,000

Anjan Barua

250,000

Shallu Jindal

100,000

Sudershan Garg

320,000

Arun Purwar

470,000

Ram Shahi

340,000

Aruna Sharma

--

Hardip Wirk

320,000

Nishant Baranwal

--
As Of  31 Mar 2019