Praveg Management

Management criteria checks 3/4

Praveg's CEO is Vishnukumar Patel, appointed in Sep 2023, has a tenure of less than a year. directly owns 39.27% of the company’s shares, worth ₹9.00B. The average tenure of the management team and the board of directors is 1.3 years and 3.2 years respectively.

Key information

Vishnukumar Patel

Chief executive officer

₹20.0k

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	39.3%
Management average tenure	1.3yrs
Board average tenure	3.2yrs

Recent management updates

Recent updates

CEO

Vishnukumar Patel (49 yo)

less than a year

Tenure

₹20,000

Compensation

Mr. Vishnukumar Vitthaldas Patel serves as Director and Chairman of Praveg Communications (India) Limited (formerly known as Sword and Shield Pharma Limited) since January 27, 2020 and serves as its Managi...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Vishnukumar Patel	MD & Chairman	less than a year	₹20.00k	39.27% ₹ 9.0b
Dharmendra Kumar Soni	Chief Financial Officer	2.4yrs	₹1.56m	no data
Mukesh Kumar Chaudhary	Company Secretary & Compliance Officer	1.8yrs	₹779.00k	no data
Bijal Parikh	Executive Director - Finance	no data	no data	0.0040% ₹ 914.4k
Bhumit Patel	Whole Time Director & Executive Director of Projects	less than a year	no data	0.0016% ₹ 375.8k

1.3yrs

Average Tenure

46yo

Average Age

Experienced Management: 531637's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Vishnukumar Patel	MD & Chairman	4.3yrs	₹20.00k	39.27% ₹ 9.0b
Bijal Parikh	Executive Director - Finance	less than a year	no data	0.0040% ₹ 914.4k
Bhumit Patel	Whole Time Director & Executive Director of Projects	less than a year	no data	0.0016% ₹ 375.8k
Keyoor Bakshi	Independent Non-Executive Director	3.2yrs	₹25.00k	no data
Rajendra Kumar Patel	Independent Non-Executive Director	3.8yrs	₹20.00k	no data
Pooja Khakhi	Non-Executive Independent Director	less than a year	no data	no data
Ajit Panda	Independent Non-Executive Director	3.8yrs	₹25.00k	no data

3.2yrs

Average Tenure

49yo

Average Age

Experienced Board: 531637's board of directors are considered experienced (3.2 years average tenure).

Praveg Management

Management criteria checks 3/4

Key information

Recent management updates

MD & Chairman recently bought ₹5.0m worth of stock

Praveg Limited Appoints Bhumit Patel as Whole Time Director

MD & Chairman recently sold ₹117m worth of stock

Praveg Limited Announces CEO Changes

Praveg Limited Announces Resignation of Paras Patel as Managing Director

Praveg Limited, Annual General Meeting, Sep 22, 2023

Recent updates

Praveg Limited announced a financing transaction

MD & Chairman recently bought ₹5.0m worth of stock

Third quarter 2024 earnings released: EPS: ₹3.56 (vs ₹6.01 in 3Q 2023)

Praveg Limited to Report Q3, 2024 Results on Feb 13, 2024

Praveg Limited Appoints Bhumit Patel as Whole Time Director

Second quarter 2024 earnings released: EPS: ₹0.98 (vs ₹3.28 in 2Q 2023)

Praveg Limited to Report Q2, 2024 Results on Nov 09, 2023

Investor sentiment improves as stock rises 15%

MD & Chairman recently sold ₹117m worth of stock

Vishnukumar Patel, Ashaben Patel and Harsh Patel entered into share purchase agreement to acquire approximately additional Praveg Limited (BSE:531637) from Paraskumar Patel for INR 2.7 billion.

Vishnukumar Patel, Ashaben Patel and Harsh Patel entered into share purchase agreement to acquire approximately additional Praveg Limited (BSE:531637) from Paraskumar Patel for INR 2.7 billion.

Praveg Limited Announces CEO Changes

Praveg Limited Announces Resignation of Paras Patel as Managing Director

Upcoming dividend of ₹4.50 per share at 0.9% yield

Praveg Limited, Annual General Meeting, Sep 22, 2023

First quarter 2024 earnings released: EPS: ₹0.53 (vs ₹3.06 in 1Q 2023)

Praveg Limited to Report Q1, 2024 Results on Aug 14, 2023

Independent Non-Executive Director recently sold ₹4.8m worth of stock

Praveg Limited announced that it expects to receive funding from Moonlight Continental Private Limited, New Era Impex India Private Limited, Sareen Estates Private Limited, VRPM Investments Private Limited, Columbia Holdings Private Limited and other investors.

Insider recently sold ₹44m worth of stock

Full year 2023 earnings released: EPS: ₹14.78 (vs ₹6.62 in FY 2022)

Praveg Limited to Report Q4, 2023 Results on May 30, 2023

Investor sentiment improves as stock rises 25%

Third quarter 2023 earnings released: EPS: ₹6.01 (vs ₹2.96 in 3Q 2022)

Praveg Limited to Report Q3, 2023 Results on Feb 13, 2023

Investor sentiment improved over the past week

Praveg Communications (India) Limited Declares Final Dividend for the Financial Year Ended March 31, 2022

Second quarter 2023 earnings released: EPS: ₹3.28 (vs ₹0.92 in 2Q 2022)

Upcoming dividend of ₹4.00 per share

High number of new and inexperienced directors

Praveg Communications (India) Limited to Report Q2, 2023 Results on Nov 12, 2022

Praveg Communications (India) Limited, Annual General Meeting, Nov 28, 2022

Praveg Communications (India) Limited Announces Director Changes

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Praveg Communications (India) Limited to Report Q1, 2023 Results on Aug 13, 2022

Insider recently bought ₹467k worth of stock

Praveg Communications (India) Limited Announces Resignation of Viral Doshi as Chief Financial Officer

Non-Executive Chairman recently bought ₹1.1m worth of stock

Full year 2022 earnings released: EPS: ₹6.62 (vs ₹5.81 in FY 2021)

Praveg Communications (India) Limited Recommends Dividend for Financial Year Ended March 31, 2022

Praveg Communications (India) Limited Recommends Dividend for Financial Year Ended March 31, 2022

Investor sentiment improved over the past week

High number of new and inexperienced directors

Praveg Communications (India) Limited Appoints Pratixa Seju as Company Secretary & Compliance Officer

Non-Executive Chairman recently bought ₹897k worth of stock

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Praveg Communications (India) Limited to Report Q3, 2022 Results on Feb 10, 2022

Investor sentiment improved over the past week

First quarter 2022 earnings released: EPS ₹0.21 (vs ₹0.05 in 1Q 2021)

Investor sentiment improved over the past week

Upcoming dividend of ₹2.00 per share

Investor sentiment improved over the past week

Full year 2021 earnings released

Investor sentiment improved over the past week

Insider recently sold ₹1.2m worth of stock

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Praveg Communications (India) Limited Approves Appointment of Keyoor Bakshi as an Additional (Independent) Director

Third quarter 2021 earnings released: EPS ₹2.76 (vs ₹0.36 in 3Q 2020)

New 90-day high: ₹61.50

Investor sentiment improved over the past week

Praveg Communications (India) Limited to Report Q3, 2021 Results on Feb 08, 2021

New 90-day high: ₹59.00

Investor sentiment improved over the past week

New 90-day low: ₹44.70

Praveg Communications (India) Limited to Report Q1, 2021 Results on Sep 15, 2020

Sword and Shield Pharma Ltd. (BSE:531637) completed the acquisition of Praveg Communications Limited.