Acknit Industries Limited

BSE:530043 Stock Report

Market Cap: ₹800.7m

Acknit Industries Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Shri Saraf

Chief executive officer

₹6.0m

Total compensation

CEO salary percentage100.0%
CEO tenure33.6yrs
CEO ownership18.8%
Management average tenure2.8yrs
Board average tenure6.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Shri Saraf's remuneration changed compared to Acknit Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

₹77m

Sep 30 2023n/an/a

₹80m

Jun 30 2023n/an/a

₹82m

Mar 31 2023₹6m₹6m

₹90m

Dec 31 2022n/an/a

₹91m

Sep 30 2022n/an/a

₹94m

Jun 30 2022n/an/a

₹92m

Mar 31 2022₹6m₹6m

₹79m

Dec 31 2021n/an/a

₹72m

Sep 30 2021n/an/a

₹68m

Jun 30 2021n/an/a

₹66m

Mar 31 2021₹6m₹6m

₹58m

Dec 31 2020n/an/a

₹52m

Sep 30 2020n/an/a

₹42m

Jun 30 2020n/an/a

₹41m

Mar 31 2020₹6m₹6m

₹44m

Dec 31 2019n/an/a

₹50m

Sep 30 2019n/an/a

₹48m

Jun 30 2019n/an/a

₹41m

Mar 31 2019₹6m₹6m

₹47m

Dec 31 2018n/an/a

₹43m

Sep 30 2018n/an/a

₹41m

Jun 30 2018n/an/a

₹37m

Mar 31 2018₹4m₹4m

₹30m

Compensation vs Market: Shri's total compensation ($USD71.97K) is above average for companies of similar size in the Indian market ($USD39.27K).

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


CEO

Shri Saraf (69 yo)

33.6yrs

Tenure

₹6,000,000

Compensation

Mr. Shri Krishan Saraf serves as the Chairman, Managing Director at Acknit Industries Limited and as Executive Director since October 12, 1990. He was Compliance Officer of Achnit Industries Ltd. since Oct...


Leadership Team

NamePositionTenureCompensationOwnership
Shri Saraf
Chairmanno data₹6.00m18.81%
₹ 150.6m
Bishnu Kesan
Chief Financial Officer3.5yrs₹720.00kno data
Abhishek Saraf
Additional Whole-Time Director2yrs₹2.23m4.73%
₹ 37.9m
Deo Saraf
Whole Time Director3.5yrs₹4.80m12%
₹ 96.1m
Aditya Saraf
Vice President of Readymade Garment Divisionno data₹2.60m1.37%
₹ 11.0m
Utkarsh Saraf
Business Development Executiveno data₹1.28mno data
Sumit Murarka
Accounts Managerno datano datano data
Ravi Bahl
Company Secretary & Compliance Officerless than a yearno datano data
Joydeep Sengupta
Business Head of Safety Garments Divisionno data₹964.00kno data

2.8yrs

Average Tenure

41.5yo

Average Age

Experienced Management: 530043's management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Shri Saraf
Chairman33.6yrs₹6.00m18.81%
₹ 150.6m
Abhishek Saraf
Additional Whole-Time Director2yrs₹2.23m4.73%
₹ 37.9m
Deo Saraf
Whole Time Director33.6yrs₹4.80m12%
₹ 96.1m
Mukul Banerjee
Non-Executive Independent Director8yrs₹54.00kno data
Rashi Saraf
Non-Executive-Non-Independent Director7.7yrs₹72.00k2.8%
₹ 22.4m
Jadav Mukherjee
Independent Non-Executive Director6yrs₹25.00k0.033%
₹ 263.4k
Rajarshi Ghosh
Additional Non-Executive Independent Director2.9yrs₹84.00kno data
Shankar Bajaj
Non-Executive Independent Director2.7yrs₹54.00kno data

6.8yrs

Average Tenure

63yo

Average Age

Experienced Board: 530043's board of directors are considered experienced (6.8 years average tenure).


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