TGB Banquets and Hotels Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Narendra Somani
Chief executive officer
₹4.8m
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 25yrs |
| CEO ownership | 22.3% |
| Management average tenure | no data |
| Board average tenure | 13.6yrs |
Recent management updates
Recent updates
We Take A Look At Why TGB Banquets and Hotels Limited's (NSE:TGBHOTELS) CEO Has Earned Their Pay Packet
Sep 17
Would TGB Banquets and Hotels (NSE:TGBHOTELS) Be Better Off With Less Debt?
Sep 02Here's Why Shareholders Will Not Be Complaining About TGB Banquets and Hotels Limited's (NSE:TGBHOTELS) CEO Pay Packet
Sep 24Is TGB Banquets and Hotels (NSE:TGBHOTELS) A Risky Investment?
Jul 03Does TGB Banquets and Hotels (NSE:TGBHOTELS) Have A Healthy Balance Sheet?
Dec 10CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -₹36m |
| Jun 30 2024 | n/a | n/a | -₹36m |
| Mar 31 2024 | ₹5m | ₹5m | -₹36m |
| Dec 31 2023 | n/a | n/a | ₹15m |
| Sep 30 2023 | n/a | n/a | ₹14m |
| Jun 30 2023 | n/a | n/a | ₹14m |
| Mar 31 2023 | ₹5m | ₹5m | ₹14m |
| Dec 31 2022 | n/a | n/a | -₹29m |
| Sep 30 2022 | n/a | n/a | -₹39m |
| Jun 30 2022 | n/a | n/a | -₹198m |
| Mar 31 2022 | ₹5m | ₹5m | -₹204m |
| Dec 31 2021 | n/a | n/a | -₹173m |
| Jun 30 2021 | n/a | n/a | -₹68m |
| Mar 31 2021 | ₹5m | ₹5m | -₹82m |
| Dec 31 2020 | n/a | n/a | -₹80m |
| Jun 30 2020 | n/a | n/a | -₹14m |
| Mar 31 2020 | ₹5m | ₹5m | ₹9m |
| Dec 31 2019 | n/a | n/a | -₹515m |
| Sep 30 2019 | n/a | n/a | -₹543m |
| Jun 30 2019 | n/a | n/a | -₹539m |
| Mar 31 2019 | ₹5m | ₹5m | -₹542m |
| Mar 31 2018 | ₹5m | ₹5m | ₹18m |
Compensation vs Market: Narendra's total compensation ($USD56.86K) is above average for companies of similar size in the Indian market ($USD42.64K).
Compensation vs Earnings: Narendra's compensation has been consistent with company performance over the past year.
CEO
Narendra Somani (58 yo)
25yrs
Tenure
₹4,800,000
Compensation
Mr. Narendra Gurmukhdas Somani, B.Com., is the Promoter of TGB Banquets And Hotels Limited (a/k/a, Bhagwati Banquets & Hotels Ltd) and serves as its Chairman and Managing Director and served as its Interim...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 25yrs | ₹4.80m | 22.3% ₹ 90.1m | |
| Whole Time Director | 22.3yrs | ₹2.40m | 3.22% ₹ 13.0m | |
| Whole Time Director | 24.6yrs | no data | 4.27% ₹ 17.2m | |
| Non Executive Independent Director | 4.8yrs | ₹100.00k | no data | |
| Non-Executive & Independent Director | 4yrs | ₹120.00k | no data | |
| Non Executive Independent Director | 3.3yrs | ₹120.00k | no data |
13.6yrs
Average Tenure
50.5yo
Average Age
Experienced Board: TGBHOTELS's board of directors are seasoned and experienced ( 13.6 years average tenure).