Sovereign Diamonds Limited

BSE:523826 Stock Report

Market Cap: ₹173.3m

Sovereign Diamonds Management

Management criteria checks 4/4

Sovereign Diamonds' CEO is Ajay Gehani, appointed in Sep 2010, has a tenure of 13.67 years. total yearly compensation is ₹3.60M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 60.06% of the company’s shares, worth ₹104.08M. The average tenure of the management team and the board of directors is 5.3 years and 9 years respectively.

Key information

Ajay Gehani

Chief executive officer

₹3.6m

Total compensation

CEO salary percentage100.0%
CEO tenure13.7yrs
CEO ownership60.1%
Management average tenure5.3yrs
Board average tenure9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ajay Gehani's remuneration changed compared to Sovereign Diamonds's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

₹14m

Sep 30 2023n/an/a

₹12m

Jun 30 2023n/an/a

₹12m

Mar 31 2023₹4m₹4m

₹14m

Dec 31 2022n/an/a

₹13m

Sep 30 2022n/an/a

₹19m

Jun 30 2022n/an/a

₹24m

Mar 31 2022₹4m₹4m

₹13m

Dec 31 2021n/an/a

₹14m

Sep 30 2021n/an/a

₹1m

Jun 30 2021n/an/a

-₹16m

Mar 31 2021₹3m₹3m

-₹15m

Dec 31 2020n/an/a

-₹9m

Sep 30 2020n/an/a

-₹3m

Jun 30 2020n/an/a

-₹1m

Mar 31 2020₹4m₹4m

₹357k

Dec 31 2019n/an/a

-₹9m

Sep 30 2019n/an/a

-₹10m

Jun 30 2019n/an/a

-₹798k

Mar 31 2019₹4m₹4m

₹3m

Dec 31 2018n/an/a

₹4m

Sep 30 2018n/an/a

₹4m

Jun 30 2018n/an/a

₹7m

Mar 31 2018₹4m₹4m

₹8m

Compensation vs Market: Ajay's total compensation ($USD43.13K) is about average for companies of similar size in the Indian market ($USD39.30K).

Compensation vs Earnings: Ajay's compensation has been consistent with company performance over the past year.


CEO

Ajay Gehani (57 yo)

13.7yrs

Tenure

₹3,600,000

Compensation

Mr. Ajay R. Gehani has been the Managing Director at Sovereign Diamonds Limited since September 2, 2010 and serves as its Chairman. Mr. Gehani has been a Director at Sovereign Diamonds Limited since Novemb...


Leadership Team

NamePositionTenureCompensationOwnership
Ajay Gehani
Chairman & MD13.7yrs₹3.60m60.06%
₹ 104.1m
Arundhati Mali
CFO & Woman Director5.3yrs₹344.00kno data
Akshay Jain
Company Secretary & Compliance Officer3yrs₹203.69kno data

5.3yrs

Average Tenure

Experienced Management: 523826's management team is seasoned and experienced (5.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ajay Gehani
Chairman & MD39.5yrs₹3.60m60.06%
₹ 104.1m
Arundhati Mali
CFO & Woman Director5.3yrs₹344.00kno data
Kundapur Pai
Non Executive Independent Director18.8yrs₹37.00kno data
Rajesh Arora
Non Executive Independent Director12.8yrs₹37.00kno data
Jayeshkumar Gandhi
Additional Independent Directorless than a yearno datano data
Narasinha Pal
Additional Independent Directorless than a yearno datano data

9.0yrs

Average Tenure

58yo

Average Age

Experienced Board: 523826's board of directors are considered experienced (9 years average tenure).


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