People: Blue Star Ltd (BLUS.NS)

BLUS.NS on National Stock Exchange of India

9 Dec 2019
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Advani, Vir 

Mr. Vir S. Advani re-designated as Vice Chairman of the Board, Managing Director of Blue Star Limited, with effect from 1 April 2019. Mr. Advani holds a BS degree in Systems Engineering and a BA degree in Economics from the University of Pennsylvania. He has also completed a comprehensive Executive Management Programme on Leadership Development at Harvard Business School. Vir, after a 2-year working stint in New York, joined Blue Star Infotech Ltd in 2000 and then founded Blue Star Design & Engineering Ltd in 2003, designated as its Chief Executive Officer. In 2007, he moved to Blue Star as Vice President - Corporate Affairs, where he made valuable contributions in a profit improvement programme as well as in electro mechanical projects. He was promoted as Executive Vice President in 2008; President - Corporate Affairs & Special Projects in 2009 and Executive Director in 2010. Vir currently oversees the Electro Mechanical Projects business, Professional Electronics & Industrial Systems business, Corporate Planning and Investor Relations. Vir is a Director of Blue Star Design & Engineering Ltd, Blue Star Electro-Mechanical Ltd and J T Advani Finance Pvt Ltd. He is also Chairman of the HVAC Contractors’ Sub-Committee of RAMA.

Basic Compensation

Total Annual Compensation, INR 14,694,000
Restricted Stock Award, INR --
Long-Term Incentive Plans, INR --
All Other, INR 1,007,000
Fiscal Year Total, INR 15,701,000

Options Compensation

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