People: Bharat Heavy Electricals Ltd (BHEL.NS)

BHEL.NS on National Stock Exchange of India

20 Sep 2019
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Varma, Manoj 

Shri. Manoj Kumar Varma is Director ( Power ) of the Company. He was inducted as Director (Power) on the Board of BHEL as 19th December, 2018. He is a Mechanical Engineering Graduate from SGSITS, Indore and an MBA in Marketing from Bhopal University. Prior to becoming Director (Power), he was heading Power Sector- Southern Region Chennai, as Executive Director, which is executing major power projects & contributing substantially to BHEL’s Power Sector segment. Shri Manoj Kumar Varma has 35 years of holistic and hands on experience in the field of Energy, Industrial System and Infrastructure industries covering major value chain functions viz. Production, Commercial Management, Marketing & Business Development, Contract Management, Planning & Development, Information Technology and Strategic Management. Shri Manoj Kumar Varma joined the organisation as Engineer Trainee at Transformer Plant, BHEL Jhansi and subsequently moved to Heavy Electrical Plant, Bhopal where he worked in various capacities and later on was transferred to Industry Sector, New Delhi as General Manager. During his career in BHEL, he also headed the erstwhile Ceramic Business Unit of BHEL, Bengaluru with erstwhile Electroporcelains Division (EPD, Bengaluru) and Insulator Plant (IP, Jagdishpur) under its ambit. Shri Manoj Kumar Varma holds the position of Part-time Nominee Chairman on the Board of Raichur Power Corporation Limited. Appointment of Shri Manoj Kumar Varma is upto 31.01.2021 or until further orders, whichever event occurs earlier, in the pay scale of `1,80,000 - `3,40,000 p.m. on terms and conditions approved by the Government of India. Shri Manoj Kumar Varma does not hold any shares in BHEL and he does not have any relationship with other Directors/ Manager/ Key Managerial Personnel of the Company. Shri Manoj Kumar Varma has attended one Board Meeting which was held during his tenure in FY 2018-2019.

Basic Compensation

Total Annual Compensation, INR 2,365,960
Restricted Stock Award, INR --
Long-Term Incentive Plans, INR --
All Other, INR --
Fiscal Year Total, INR 2,365,960

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --