People: Havells India Ltd (HVEL.NS)
23 Sep 2019
Mr. Upendra Kumar Sinha is Additional Non-Executive Independent Director of the Company. Shri Upendra Kumar Sinha is the former Chairman, Securities and Exchange Board of India. Prior to this, Shri Sinha was Chairman & Managing Director of UTI Asset Management Company Ltd. and Chairman of Association of Mutual Funds in India. Shri Sinha, an ex-Indian Administrative Service Officer, has held several responsible positions with distinction in the State and Central Governments. He was Joint Secretary (Banking) and Joint Secretary (Capital Markets), Ministry of Finance, Government of India. Shri U K Sinha was the Chairman of the Working Group on Foreign Investment in India formed by the Government of India. He was a member of several committees set up by the Government of India including the Committees on Liquidity Management, Fils, Corporate Bond Market and Investor Protection. Shri Sinha is credited with starting the micro pension movement in the country for mobilizing retirement savings from low earning - unorganized sector workers. Shri Sinha has deep experience in Indian capital markets and was responsible for several measures such as initiating demutualization and corporatization of stock exchanges and modifications in different regulations related to IPOs, take-overs, Mutual Funds, etc. Shri Sinha was responsible for drafting the SEBI (Amendment) Act, 2002, UTI (Repeal) Act, 2002, the Securities Law Amendment Act, 2004 and the PFRDA Bill 2005. Shri Sinha was selected for the Indian Administrative Service in 1976. He holds a M.Sc. and LLB degree.
|Total Annual Compensation, INR||42,466|
|Restricted Stock Award, INR||--|
|Long-Term Incentive Plans, INR||--|
|All Other, INR||--|
|Fiscal Year Total, INR||42,466|