Piotex Industries Limited

BSE:544178 Stock Report

Market Cap: ₹291.2m

Piotex Industries Management

Management criteria checks 1/4

Piotex Industries' CEO is Abhay Asalkar, appointed in Aug 2023, has a tenure of 1.25 years. directly owns 32.97% of the company’s shares, worth ₹96.01M. The average tenure of the management team and the board of directors is 1.3 years and 3 years respectively.

Key information

Abhay Asalkar

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure1.3yrs
CEO ownership33.0%
Management average tenure1.3yrs
Board average tenure3yrs

Recent management updates

Recent updates


CEO

Abhay Asalkar (47 yo)

1.3yrs

Tenure

Mr. Abhay Shriram Asalkar is Chairman & Managing Director of Piotex Industries Limited from August 30, 2023 and also serves as its Director since October 24, 2019. He is a Promoter of Piotex Industries Lim...


Leadership Team

NamePositionTenureCompensationOwnership
Abhay Asalkar
Chairman & MD1.3yrsno data32.97%
₹ 96.0m
Yogesh Nimodiya
CFO & Executive Director1.3yrsno data32.97%
₹ 96.0m
Mahendra Rajpoot
Company Secretary & Compliance Officer1.2yrsno datano data

1.3yrs

Average Tenure

47yo

Average Age

Experienced Management: 544178's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Abhay Asalkar
Chairman & MD5.1yrsno data32.97%
₹ 96.0m
Yogesh Nimodiya
CFO & Executive Director5.1yrsno data32.97%
₹ 96.0m
Bhavisha Chauhan
Independent Director1.2yrsno datano data
Sandeep Deore
Non-Executive Director3yrsno datano data
Sandeep Deore
Independent Director1.2yrsno datano data

3.0yrs

Average Tenure

47yo

Average Age

Experienced Board: 544178's board of directors are considered experienced (3 years average tenure).