Mahalaxmi Fabric Mills Management
Management criteria checks 0/4
Mahalaxmi Fabric Mills' CEO is Anand Parekh, appointed in Apr 2024, has a tenure of less than a year. directly owns 16.1% of the company’s shares, worth ₹85.51M. The average tenure of the management team and the board of directors is 0.6 years and 0.6 years respectively.
Key information
Anand Parekh
Chief executive officer
n/a
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | less than a year |
| CEO ownership | 16.1% |
| Management average tenure | less than a year |
| Board average tenure | less than a year |
Recent management updates
Recent updates
CEO
Anand Parekh (48 yo)
less than a year
Tenure
Mr. Anand Jeetmal Parekh is Director of Mahalaxmi Fabric Mills Limited and Managing Director since April 18, 2024. He is Non-Executive-Non-Independent Director of Globale Tessile Limited from November 14,...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | less than a year | no data | 16.1% ₹ 88.9m | |
| Chief Financial Officer | less than a year | no data | 0.0018% ₹ 9.7k | |
| Company Secretary & Compliance Officer | less than a year | no data | no data |
0.6yrs
Average Tenure
Experienced Management: MFML's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | no data | no data | 16.1% ₹ 88.9m | |
| Independent Director | less than a year | no data | no data | |
| Non-Executive Director | no data | no data | 17.98% ₹ 99.3m | |
| Chairman | 2.3yrs | no data | 13.5% ₹ 74.5m | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | less than a year | no data | no data |
0.6yrs
Average Tenure
53yo
Average Age
Experienced Board: MFML's board of directors are not considered experienced ( 0.6 years average tenure), which suggests a new board.