Ashima Management

Management criteria checks 3/4

Ashima's CEO is Chintan Parikh, appointed in Feb 2005, has a tenure of 19.75 years. directly owns 0.098% of the company’s shares, worth ₹5.76M. The average tenure of the management team and the board of directors is 3.4 years and 6 years respectively.

Key information

Chintan Parikh

Chief executive officer

₹16.3m

Total compensation

CEO salary percentage	n/a
CEO tenure	19.8yrs
CEO ownership	0.1%
Management average tenure	3.4yrs
Board average tenure	6yrs

Recent management updates

Recent updates

CEO

Chintan Parikh (67 yo)

19.8yrs

Tenure

₹16,260,000

Compensation

Mr. Chintan Navnit Parikh is the founder and serves as the Chairman of the Board and Chief Executive Officer of Ashima Dyecot/Syntex. Mr. Parikh serves as the Chairman of the Board of Ashima Ltd and has be...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Chintan Parikh	Chairman & MD	19.8yrs	₹16.26m	0.098% ₹ 5.8m
Shrikant Pareek	Whole Time Director & Director of Operations	4.3yrs	₹15.90m	0.00063% ₹ 37.2k
Krishnachintan Parikh	Executive Director	3.4yrs	₹35.16m	0.016% ₹ 963.7k
Jayesh Bhayani	Chief Financial Officer	1.3yrs	no data	no data
Amitabh Narain	Business Head of Fabric Retail Division	less than a year	no data	no data
Bhikhabhai Shah	Chief Operating Officer–Dyecot Division	no data	no data	no data

3.4yrs

Average Tenure

57yo

Average Age

Experienced Management: 514286's management team is considered experienced (3.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Chintan Parikh	Chairman & MD	42.4yrs	₹16.26m	0.098% ₹ 5.8m
Shrikant Pareek	Whole Time Director & Director of Operations	4.3yrs	₹15.90m	0.00063% ₹ 37.2k
Krishnachintan Parikh	Executive Director	3.4yrs	₹35.16m	0.016% ₹ 963.7k
Nilesh Mehta	Independent Director	less than a year	no data	no data
Sanjay Majmudar	Non-Executive Independent Director	6yrs	₹63.00k	no data
Neeraj Golas	Non-Executive Independent Director	8.3yrs	₹42.00k	no data
Koushlya Melwani	Non-Executive Independent Director	9.9yrs	₹72.00k	no data

6.0yrs

Average Tenure

61yo

Average Age

Experienced Board: 514286's board of directors are considered experienced (6 years average tenure).

Ashima Management

Management criteria checks 3/4

Key information

Recent management updates

Ashima Limited Appoints Harshil K. Shah as Company Secretary & Compliance Officer, Effective August 20, 2024

Ashima Limited, Annual General Meeting, Aug 17, 2024

Ashima Limited Announces Resignation of Shweta Sultania as Company Secretary & Compliance Officer, Effective May 31, 2024

Insufficient new directors

Ashima Limited Appoints Jayesh C Bhayani as Chief Financial Officer

Ashima Limited, Annual General Meeting, Aug 25, 2023

Recent updates

Ashima Limited to Report Q2, 2025 Results on Nov 13, 2024

Ashima Limited Approves the Proposal for Closure of the Cotton Textile Operations

Ashima Limited Approves the Proposal for Closure of the Cotton Textile Operations

Investor sentiment deteriorates as stock falls 19%

Ashima Limited Appoints Harshil K. Shah as Company Secretary & Compliance Officer, Effective August 20, 2024

Ashima Limited to Report Q1, 2025 Results on Aug 08, 2024

Full year 2024 earnings released: EPS: ₹5.03 (vs ₹0.40 loss in FY 2023)

Ashima Limited, Annual General Meeting, Aug 17, 2024

Investor sentiment improves as stock rises 21%

Investor sentiment improves as stock rises 28%

Full year 2024 earnings released: EPS: ₹5.03 (vs ₹0.40 loss in FY 2023)

Ashima Limited to Report Q4, 2024 Results on May 25, 2024

New major risk - Share price stability

Ashima Limited Announces Resignation of Shweta Sultania as Company Secretary & Compliance Officer, Effective May 31, 2024

Third quarter 2024 earnings released: EPS: ₹0.18 (vs ₹0.15 loss in 3Q 2023)

Ashima Limited to Report Q3, 2024 Results on Feb 08, 2024

Second quarter 2024 earnings released: ₹0.071 loss per share (vs ₹0.023 loss in 2Q 2023)

Ashima Limited to Report Q2, 2023 Results on Nov 02, 2023

New minor risk - Share price stability

Insufficient new directors

Ashima Limited Appoints Jayesh C Bhayani as Chief Financial Officer

First quarter 2024 earnings released: ₹0.079 loss per share (vs ₹0.07 profit in 1Q 2023)

Ashima Limited, Annual General Meeting, Aug 25, 2023

Ashima Limited Announces Resignation of Hiren S Mahadevia as Chief Financial Officer

Full year 2023 earnings released: ₹0.41 loss per share (vs ₹1.35 profit in FY 2022)

Ashima Limited to Report Q4, 2023 Results on May 16, 2023

Third quarter 2023 earnings released: ₹0.15 loss per share (vs ₹0.10 loss in 3Q 2022)

Ashima Limited to Report Q3, 2023 Results on Feb 03, 2023

Second quarter 2023 earnings released: ₹0.023 loss per share (vs ₹0.02 loss in 2Q 2022)

Ashima Limited to Report Q2, 2022 Results on Nov 12, 2022

Full year 2022 earnings released: EPS: ₹1.35 (vs ₹0.13 in FY 2021)

Ashima Limited to Report Q1, 2023 Results on Aug 06, 2022

Ashima Limited, Annual General Meeting, Aug 25, 2022

Ashima Limited Announces Company Secretary and Compliance Officer Changes

Investor sentiment improved over the past week

Ashima Limited Announces Change of Company Secretary and Compliance Officer

Ashima Limited to Report Q4, 2022 Results on May 14, 2022

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Second quarter 2022 earnings released: ₹0.02 loss per share (vs ₹0.21 loss in 2Q 2021)

Ashima Limited Temporarily Suspends the Yarn Dyeing and Weaving Operations of Its Spinfab Division for the Current Financial Year from June 1, 2021

New 90-day high: ₹14.49

Third quarter 2021 earnings released: ₹0.11 loss per share (vs ₹0.03 loss in 3Q 2020)

Ashima Limited to Report Q3, 2021 Results on Feb 06, 2021

New 90-day high: ₹13.66

New 90-day high: ₹9.48

Ashima Limited to Report Q2, 2021 Results on Nov 07, 2020

First quarter earnings released

New 90-day high - ₹7.53

Full year earnings released - ₹0.18 loss per share

Ashima Limited to Report Q1, 2021 Results on Sep 11, 2020

Ashima Limited to Report Q4, 2020 Results on Jul 30, 2020

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age