Maris Spinners Management
Management criteria checks 4/4
Maris Spinners' CEO is Thangavelu Raghuraman, appointed in Sep 2023, has a tenure of less than a year. directly owns 15.41% of the company’s shares, worth ₹49.77M. The average tenure of the management team and the board of directors is 2.9 years and 5 years respectively.
Key information
Thangavelu Raghuraman
Chief executive officer
₹1.2m
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | less than a year |
| CEO ownership | 15.4% |
| Management average tenure | 2.9yrs |
| Board average tenure | 5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -₹107m |
| Sep 30 2023 | n/a | n/a | -₹141m |
| Jun 30 2023 | n/a | n/a | -₹170m |
| Mar 31 2023 | ₹1m | n/a | -₹109m |
| Dec 31 2022 | n/a | n/a | -₹81m |
| Sep 30 2022 | n/a | n/a | ₹47m |
| Jun 30 2022 | n/a | n/a | ₹143m |
| Mar 31 2022 | ₹2m | n/a | ₹154m |
| Dec 31 2021 | n/a | n/a | ₹207m |
| Sep 30 2021 | n/a | n/a | ₹180m |
| Jun 30 2021 | n/a | n/a | ₹134m |
| Mar 31 2021 | n/a | n/a | ₹68m |
| Dec 31 2020 | n/a | n/a | ₹258k |
| Sep 30 2020 | n/a | n/a | -₹47m |
| Jun 30 2020 | n/a | n/a | -₹51m |
| Mar 31 2020 | ₹1m | ₹1m | -₹22m |
| Dec 31 2019 | n/a | n/a | -₹27m |
| Sep 30 2019 | n/a | n/a | -₹19m |
| Jun 30 2019 | n/a | n/a | ₹9m |
| Mar 31 2019 | ₹1m | ₹1m | ₹24m |
Compensation vs Market: Thangavelu's total compensation ($USD14.39K) is below average for companies of similar size in the Indian market ($USD39.49K).
Compensation vs Earnings: Thangavelu's compensation has been consistent with company performance over the past year.
CEO
Thangavelu Raghuraman (65 yo)
less than a year
Tenure
₹1,200,000
Compensation
Mr. Thangavelu Raghuraman has been Director of Maris Spinners Limited since July 27, 2007 and serves as its Managing Director since September 23, 2023 and he was appointed as its Whole Time Director since...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | less than a year | ₹1.20m | 15.41% ₹ 49.8m | |
| CFO & Whole-time Director | 9.6yrs | no data | 20.72% ₹ 66.9m | |
| Company Secretary & Compliance Officer | 3.9yrs | ₹270.00k | no data | |
| Executive Promoter Director | less than a year | ₹3.90m | 12.62% ₹ 40.7m | |
| Additional Whole Time Director | 2.9yrs | ₹900.00k | no data |
2.9yrs
Average Tenure
52.5yo
Average Age
Experienced Management: 531503's management team is considered experienced (2.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 16.8yrs | ₹1.20m | 15.41% ₹ 49.8m | |
| CFO & Whole-time Director | 7.5yrs | no data | 20.72% ₹ 66.9m | |
| Executive Promoter Director | 28.9yrs | ₹3.90m | 12.62% ₹ 40.7m | |
| Additional Whole Time Director | 2.9yrs | ₹900.00k | no data | |
| Non-Executive Director | 28.9yrs | no data | 6.62% ₹ 21.4m | |
| Additional Woman Director | 5yrs | no data | no data | |
| Additional Independent Director | 5yrs | no data | no data | |
| Independent Director | 5yrs | no data | no data | |
| Additional Independent Director | 4.9yrs | no data | no data |
5.0yrs
Average Tenure
62yo
Average Age
Experienced Board: 531503's board of directors are considered experienced (5 years average tenure).