Surat Trade and Mercantile Limited

BSE:530185 Stock Report

Market Cap: ₹2.3b

Surat Trade and Mercantile Management

Management criteria checks 0/4

Surat Trade and Mercantile's CEO is Alok Shah, appointed in Jul 2022, has a tenure of 1.75 years. directly owns 24.75% of the company’s shares, worth ₹562.25M. The average tenure of the management team and the board of directors is 1.8 years and 2.4 years respectively.

Key information

Alok Shah

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure1.8yrs
CEO ownership24.8%
Management average tenure1.8yrs
Board average tenure2.4yrs

Recent management updates

Recent updates


CEO

Alok Shah (53 yo)

1.8yrs

Tenure

Mr. Alok Praful Shah, B.S., M.B.A., serves as Managing Director of Surat Trade and Mercantile Limited (formerly known as Surat Textile Mills Limited) since July 01, 2022 and serves as its Additional Direct...


Leadership Team

NamePositionTenureCompensationOwnership
Alok Shah
MD & Additional Director1.8yrsno data24.75%
₹ 562.3m
Mahek Jaju
Company Secretary & Compliance Officer1.1yrs₹10.00kno data
Paresh Chothani
Whole Time Director2.4yrs₹1.26mno data
Suhail Shah
Wholetime Directorno datano data9.75%
₹ 221.5m

1.8yrs

Average Tenure

Experienced Management: 530185's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Alok Shah
MD & Additional Director1.8yrsno data24.75%
₹ 562.3m
Paresh Chothani
Whole Time Director2.4yrs₹1.26mno data
Suhail Shah
Wholetime Directorno datano data9.75%
₹ 221.5m
Ketan Jariwala
Non-Executive Independent Director9.7yrs₹270.00kno data
Deepak Shah
Additional Independent Director1.7yrs₹123.00kno data
Kruti Kothari
Non-Executive Independent Director4.8yrs₹228.00kno data

2.4yrs

Average Tenure

61yo

Average Age

Experienced Board: 530185's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.


Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.