UR Sugar Industries Management

Management criteria checks 1/4

UR Sugar Industries' CEO is Lava Katti, appointed in Sep 2022, has a tenure of 1.67 years. directly owns 26.67% of the company’s shares, worth ₹265.19M. The average tenure of the management team and the board of directors is 1.6 years and 1.3 years respectively.

Key information

Lava Katti

Chief executive officer

₹675.0k

Total compensation

CEO salary percentage	n/a
CEO tenure	1.7yrs
CEO ownership	26.7%
Management average tenure	1.6yrs
Board average tenure	1.3yrs

Recent management updates

Recent updates

CEO

Lava Katti (35 yo)

1.7yrs

Tenure

₹675,000

Compensation

Mr. Lava Ramesh Katti serves as Managing Director and Director at UR Sugar Industries Limited (formerly known as HKG Limited) since September 09, 2022 and also serves as its Member of Advisory Board.

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Lava Katti	MD, Member of Advisory Board & Director	1.7yrs	₹675.00k	26.67% ₹ 265.2m
Nitin Karekar	CFO, Member of Advisory Board & Director	1.6yrs	₹138.00k	no data
Amita Singh	Company Secretary & Chief Compliance Officer	less than a year	no data	no data

1.6yrs

Average Tenure

Experienced Management: 539097's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Lava Katti	MD, Member of Advisory Board & Director	1.7yrs	₹675.00k	26.67% ₹ 265.2m
Nitin Karekar	CFO, Member of Advisory Board & Director	no data	₹138.00k	no data
Nikhil Katti	Non-Executive & Non Independent Director	no data	no data	no data
Kush Katti	Non-Executive Non-Independent Director	1.3yrs	no data	no data
Ankita Gupta	Director	no data	₹822.00k	no data
Basavaraj Hagaragi	Member of Advisory Board & Non-Executive Independent Director	no data	no data	no data
Pratibha Munnolli	Member of Advisory Board & Non-Executive Independent Director	no data	no data	no data
Makabul Ammanagi	Non-Executive & Independent Director	less than a year	no data	no data

1.3yrs

Average Tenure

37yo

Average Age

Experienced Board: 539097's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.

UR Sugar Industries Management

Management criteria checks 1/4

Key information

Recent management updates

UR Sugar Industries Limited Appoints Amita Singh as Company Secretary and Compliance Officer

UR Sugar Industries Limited, Annual General Meeting, Sep 30, 2023

UR Sugar Industries Limited Announces Resignation Ankita Gupta, Company Secretary & Compliance Officer

Less than half of directors are independent

HKG Limited Appoints Nitin D Karekar as a Chief Finance Officer

Mayur Bipinchandra Shah to Resign as Chief Finance Officer of HKG Limited

Recent updates

UR Sugar Industries Limited to Report Q4, 2024 Results on May 17, 2024

Third quarter 2024 earnings released

UR Sugar Industries Limited to Report Q3, 2024 Results on Feb 09, 2024

UR Sugar Industries Limited Appoints Amita Singh as Company Secretary and Compliance Officer

UR Sugar Industries Limited to Report Q2, 2024 Results on Nov 11, 2023

UR Sugar Industries Limited, Annual General Meeting, Sep 30, 2023

UR Sugar Industries Limited to Report Fiscal Year 2023 Final Results on Aug 30, 2023

UR Sugar Industries Limited Announces Resignation Ankita Gupta, Company Secretary & Compliance Officer

New major risk - Revenue size

First quarter 2024 earnings released

UR Sugar Industries Limited to Report Q1, 2024 Results on Aug 11, 2023

Full year 2023 earnings released: ₹0.04 loss per share (vs ₹0.41 profit in FY 2022)

UR Sugar Industries Limited to Report Q4, 2023 Results on May 29, 2023

UR Sugar Industries Limited to Report Q3, 2023 Results on Feb 10, 2023

An unknown buyer acquired 51% stake in HKG Retails Private Limited from HKG Limited (BSE:539097).

Second quarter 2023 earnings released: ₹0.07 loss per share (vs ₹0.12 profit in 2Q 2022)

Less than half of directors are independent

HKG Limited to Report Q2, 2023 Results on Nov 14, 2022

HKG Limited Appoints Nitin D Karekar as a Chief Finance Officer

Mayur Bipinchandra Shah to Resign as Chief Finance Officer of HKG Limited

Investor sentiment improved over the past week

HKG Limited, Annual General Meeting, Sep 30, 2022

HKG Limited, Annual General Meeting, Sep 30, 2022

HKG Limited Announces Board Retirements, Effective September 6, 2022

Investor sentiment deteriorated over the past week

MD & Additional Director recently sold ₹17m worth of stock

Investor sentiment deteriorated over the past week

Hkg Limited Appoints Ankita Gupta as Company Secretary and Compliance Officer

HKG Limited Announces Resignation of Rajlaxmi Saini as Company Secretary and Compliance Officer

Less than half of directors are independent

HKG Limited Announced New Digital Platform Known as HKG DAILY NEWS

HKG Limited Appoints Hemant Vastani as Additional Independent Director

Investor sentiment deteriorated over the past week

Full year 2021 earnings released: EPS ₹2.02 (vs ₹1.08 loss in FY 2020)

HKG Limited Announces Launch of New Web Portal HKG Money

HKG Limited, Annual General Meeting, Dec 31, 2020

New 90-day high: ₹43.00

New 90-day high: ₹39.20

HKG Limited Announces Board Changes

New 90-day high: ₹38.00

New 90-day high: ₹33.00

Full year earnings released - ₹1.08 loss per share

Full year earnings released - ₹5.39 loss per share

New 90-day high - ₹138

HKG Limited to Report Second Half, 2020 Results on Jul 31, 2020

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age