Balu Forge Industries Management
Management criteria checks 2/4
Balu Forge Industries' CEO is Jaspalsingh Chandock, appointed in Nov 2020, has a tenure of 3.5 years. total yearly compensation is ₹7.20M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 53.06% of the company’s shares, worth ₹15.09B. The average tenure of the management team and the board of directors is 1 years and 3.2 years respectively.
Key information
Jaspalsingh Chandock
Chief executive officer
₹7.2m
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 3.5yrs |
| CEO ownership | 53.1% |
| Management average tenure | less than a year |
| Board average tenure | 3.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₹806m |
| Sep 30 2023 | n/a | n/a | ₹666m |
| Jun 30 2023 | n/a | n/a | ₹482m |
| Mar 31 2023 | ₹7m | ₹7m | ₹389m |
| Dec 31 2022 | n/a | n/a | ₹343m |
| Sep 30 2022 | n/a | n/a | ₹312m |
| Jun 30 2022 | n/a | n/a | ₹334m |
| Mar 31 2022 | ₹5m | ₹5m | ₹298m |
| Dec 31 2021 | n/a | n/a | ₹234m |
| Sep 30 2021 | n/a | n/a | ₹194m |
| Jun 30 2021 | n/a | n/a | ₹115m |
| Mar 31 2021 | ₹5m | ₹2m | ₹76m |
Compensation vs Market: Jaspalsingh's total compensation ($USD86.28K) is below average for companies of similar size in the Indian market ($USD268.08K).
Compensation vs Earnings: Jaspalsingh's compensation has increased by more than 20% in the past year.
CEO
Jaspalsingh Chandock (59 yo)
3.5yrs
Tenure
₹7,200,000
Compensation
Mr. Jaspalsingh Prehladsingh Chandock has been Chairman of the Board and Managing Director of Balu Forge Industries Limited (formerly known as Amaze Entertech Limited) since November 19, 2020. He is Direct...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & MD | 3.5yrs | ₹7.20m | 53.06% ₹ 15.1b | |
| Whole-Time Director | no data | ₹1.80m | 1.5% ₹ 427.7m | |
| Whole-Time Director | no data | ₹1.80m | 1.5% ₹ 427.7m | |
| Chief Financial Officer | less than a year | no data | no data | |
| Company Secretary & Compliance Officer | less than a year | no data | no data |
1.0yrs
Average Tenure
33yo
Average Age
Experienced Management: 531112's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & MD | 3.5yrs | ₹7.20m | 53.06% ₹ 15.1b | |
| Whole-Time Director | 3.5yrs | ₹1.80m | 1.5% ₹ 427.7m | |
| Whole-Time Director | 3.5yrs | ₹1.80m | 1.5% ₹ 427.7m | |
| Non-Executive Independent Woman Director | 2.9yrs | ₹230.00k | no data | |
| Non-Executive Independent Director | 2.9yrs | ₹230.00k | no data | |
| Non-Executive Independent Director | 2.9yrs | ₹230.00k | no data |
3.2yrs
Average Tenure
44yo
Average Age
Experienced Board: 531112's board of directors are considered experienced (3.2 years average tenure).