Akshar Spintex Management
Management criteria checks 4/4
Akshar Spintex's CEO is Amit Gadhiya, appointed in Jan 2021, has a tenure of 3.58 years. total yearly compensation is ₹1.20M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.026% of the company’s shares, worth ₹127.05K. The average tenure of the management team and the board of directors is 2 years and 7.1 years respectively.
Key information
Amit Gadhiya
Chief executive officer
₹1.2m
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 3.6yrs |
| CEO ownership | 0.03% |
| Management average tenure | 2yrs |
| Board average tenure | 7.1yrs |
Recent management updates
Recent updates
Not Many Are Piling Into Akshar Spintex Limited (NSE:AKSHAR) Stock Yet As It Plummets 32%
Aug 24
Positive Sentiment Still Eludes Akshar Spintex Limited (NSE:AKSHAR) Following 27% Share Price Slump
Mar 19Does Akshar Spintex (NSE:AKSHAR) Have A Healthy Balance Sheet?
Feb 09Why We're Not Concerned Yet About Akshar Spintex Limited's (NSE:AKSHAR) 29% Share Price Plunge
Dec 27After Leaping 29% Akshar Spintex Limited (NSE:AKSHAR) Shares Are Not Flying Under The Radar
Jul 03CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | ₹32m |
| Mar 31 2024 | n/a | n/a | ₹35m |
| 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 ($USD14.30K) is below average for companies of similar size in the Indian market ($USD37.96K).
Compensation vs Earnings: Amit's compensation has been consistent with company performance over the past year.
CEO
Amit Gadhiya (38 yo)
3.6yrs
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 |
|---|---|---|---|---|
| Compliance Officer & Chairman of the Board | 7.6yrs | ₹1.20m | 0.46% ₹ 2.2m | |
| MD & Director | 3.6yrs | ₹1.20m | 0.026% ₹ 127.1k | |
| Executive Director | 6yrs | ₹780.00k | 1.16% ₹ 5.5m | |
| Chief Financial Officer | less than a year | no data | no data |
2.0yrs
Average Tenure
43yo
Average Age
Experienced Management: AKSHAR's management team is considered experienced (2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Compliance Officer & Chairman of the Board | 7.6yrs | ₹1.20m | 0.46% ₹ 2.2m | |
| MD & Director | 11.2yrs | ₹1.20m | 0.026% ₹ 127.1k | |
| Executive Director | 8yrs | ₹780.00k | 1.16% ₹ 5.5m | |
| Non-Executive & Independent Director | 6.6yrs | no data | no data | |
| Non-Executive & Independent Director | 6.4yrs | no data | no data | |
| Non-Executive-Independent Director | 3yrs | no data | no data |
7.1yrs
Average Tenure
46yo
Average Age
Experienced Board: AKSHAR's board of directors are considered experienced (7.1 years average tenure).