Solex Energy Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Chetan Shah
Chief executive officer
₹6.8m
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 2.7yrs |
| CEO ownership | 6.1% |
| Management average tenure | 2.8yrs |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
The Market Lifts Solex Energy Limited (NSE:SOLEX) Shares 26% But It Can Do More
Apr 18
Solex Energy Limited's (NSE:SOLEX) Shares Leap 29% Yet They're Still Not Telling The Full Story
Feb 20Here's Why Solex Energy (NSE:SOLEX) Has A Meaningful Debt Burden
Feb 02Solex Energy Limited (NSE:SOLEX) Soars 27% But It's A Story Of Risk Vs Reward
Jan 05Solex Energy (NSE:SOLEX) May Have Issues Allocating Its Capital
Jan 04Here's Why Shareholders May Want To Be Cautious With Increasing Solex Energy Limited's (NSE:SOLEX) CEO Pay Packet
Sep 23There Are Reasons To Feel Uneasy About Solex Energy's (NSE:SOLEX) Returns On Capital
Sep 13Is Solex Energy (NSE:SOLEX) A Risky Investment?
Jun 24These 4 Measures Indicate That Solex Energy (NSE:SOLEX) Is Using Debt Extensively
Aug 17Does Solex Energy (NSE:SOLEX) Have A Healthy Balance Sheet?
Jul 07Is Solex Energy Limited (NSE:SOLEX) The Right Choice For A Smart Dividend Investor?
Feb 22CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | ₹39m |
| Jun 30 2023 | n/a | n/a | ₹33m |
| Mar 31 2023 | ₹7m | n/a | ₹27m |
| Dec 31 2022 | n/a | n/a | ₹13m |
| Sep 30 2022 | n/a | n/a | -₹611k |
| Jun 30 2022 | n/a | n/a | ₹5m |
| Mar 31 2022 | ₹5m | ₹5m | ₹10m |
Compensation vs Market: Chetan's total compensation ($USD80.94K) is above average for companies of similar size in the Indian market ($USD39.27K).
Compensation vs Earnings: Chetan's compensation has been consistent with company performance over the past year.
CEO
Chetan Shah (55 yo)
2.7yrs
Tenure
₹6,750,000
Compensation
Mr. Chetan Sureshchandra Shah serves as Chairman and Managing Director at Solex Energy Limited since August 6, 2021. He served as Executive Director at Solex Energy Limited since January 18, 2020 until Jul...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | no data | ₹6.75m | 6.12% ₹ 578.0m | |
| Joint MD & Whole Time Director | 1.7yrs | ₹3.60m | 18.1% ₹ 1.7b | |
| CFO & Executive Director | 2.8yrs | ₹795.00k | no data | |
| Executive Director | 2.8yrs | ₹760.00k | 1.62% ₹ 152.5m | |
| Head of Operations | no data | no data | no data | |
| Compliance Officer & Company Secretary | no data | no data | no data | |
| Head of Marketing | no data | no data | no data |
2.8yrs
Average Tenure
Experienced Management: SOLEX's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 2.7yrs | ₹6.75m | 6.12% ₹ 578.0m | |
| Joint MD & Whole Time Director | 9.5yrs | ₹3.60m | 18.1% ₹ 1.7b | |
| CFO & Executive Director | 3.1yrs | ₹795.00k | no data | |
| Executive Director | 2.8yrs | ₹760.00k | 1.62% ₹ 152.5m | |
| Non Executive Independent Director | 6.5yrs | no data | no data | |
| Non-Executive Director | 2.8yrs | no data | no data | |
| Non Executive Independent Director | 3.1yrs | no data | no data | |
| Non-Executive Director | 2.8yrs | no data | 6.44% ₹ 607.8m | |
| Additional Independent Non-Executive Director | 1.3yrs | no data | no data |
2.8yrs
Average Tenure
55yo
Average Age
Experienced Board: SOLEX's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.