Akshar Spintex Management
Management criteria checks 3/4
Akshar Spintex's CEO is Amit Gadhiya, appointed in Jan 2021, has a tenure of 3.33 years. total yearly compensation is ₹1.20M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 1.86% of the company’s shares, worth ₹13.92M. The average tenure of the management team and the board of directors is 2 years and 6.8 years respectively.
Key information
Amit Gadhiya
Chief executive officer
₹1.2m
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 3.3yrs |
| CEO ownership | 1.9% |
| Management average tenure | 2yrs |
| Board average tenure | 6.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₹59m |
| Sep 30 2023 | n/a | n/a | ₹57m |
| Jun 30 2023 | n/a | n/a | -₹29m |
| Mar 31 2023 | ₹1m | ₹1m | -₹28m |
| Dec 31 2022 | n/a | n/a | -₹59m |
| Sep 30 2022 | n/a | n/a | -₹29m |
| Jun 30 2022 | n/a | n/a | ₹46m |
| Mar 31 2022 | ₹1m | ₹1m | ₹70m |
| Dec 31 2021 | n/a | n/a | ₹85m |
| Sep 30 2021 | n/a | n/a | ₹70m |
| Jun 30 2021 | n/a | n/a | ₹60m |
| Mar 31 2021 | ₹575k | ₹575k | ₹12m |
| Dec 31 2020 | n/a | n/a | -₹25m |
| Sep 30 2020 | n/a | n/a | -₹63m |
| Jun 30 2020 | n/a | n/a | -₹60m |
| Mar 31 2020 | ₹900k | ₹900k | -₹57m |
| Dec 31 2019 | n/a | n/a | -₹30m |
| Sep 30 2019 | n/a | n/a | -₹3m |
| Jun 30 2019 | n/a | n/a | ₹10m |
| Mar 31 2019 | ₹900k | ₹900k | ₹22m |
| Dec 31 2018 | n/a | n/a | ₹72m |
| Sep 30 2018 | n/a | n/a | ₹10m |
| Jun 30 2018 | n/a | n/a | ₹48m |
| Mar 31 2018 | ₹998k | ₹998k | ₹85m |
Compensation vs Market: Amit's total compensation ($USD14.38K) is below average for companies of similar size in the Indian market ($USD39.52K).
Compensation vs Earnings: Amit's compensation has been consistent with company performance over the past year.
CEO
Amit Gadhiya (37 yo)
3.3yrs
Tenure
₹1,200,000
Compensation
Mr. Amit Vallabhbhai Gadhiya serves as Director and Managing Director at Akshar Spintex Limited since January 8, 2021 and served as its Whole Time Director since June 19, 2013 until January 8, 2021.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 3.3yrs | ₹1.20m | 1.86% ₹ 13.9m | |
| Executive Director | 5.8yrs | ₹780.00k | 1.16% ₹ 8.7m | |
| Chief Financial Officer | less than a year | no data | no data | |
| Company Secretary & Compliance Officer | less than a year | no data | no data |
2.0yrs
Average Tenure
36.5yo
Average Age
Experienced Management: 541303's management team is not considered experienced ( 2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 10.9yrs | ₹1.20m | 1.86% ₹ 13.9m | |
| Executive Director | 7.8yrs | ₹780.00k | 1.16% ₹ 8.7m | |
| Chairman of the Board | 7.3yrs | ₹1.20m | 2.13% ₹ 16.0m | |
| Non-Executive & Independent Director | 6.3yrs | no data | no data | |
| Non-Executive & Independent Director | 6.2yrs | no data | no data | |
| Non-Executive-Independent Director | 2.8yrs | no data | no data |
6.8yrs
Average Tenure
45yo
Average Age
Experienced Board: 541303's board of directors are considered experienced (6.8 years average tenure).