Cigniti Technologies Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Srikanth Chakkilam

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	10.7yrs
CEO ownership	9.2%
Management average tenure	3.8yrs
Board average tenure	5.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Srikanth Chakkilam's remuneration changed compared to Cigniti Technologies's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹2b
Sep 30 2023	n/a	n/a	₹2b
Jun 30 2023	n/a	n/a	₹2b
Mar 31 2023	n/a	n/a	₹2b
Dec 31 2022	n/a	n/a	₹1b
Sep 30 2022	n/a	n/a	₹1b
Jun 30 2022	n/a	n/a	₹1b
Mar 31 2022	n/a	n/a	₹917m
Dec 31 2021	n/a	n/a	₹938m
Sep 30 2021	n/a	n/a	₹936m
Jun 30 2021	n/a	n/a	₹967m
Mar 31 2021	₹44m	₹43m	₹1b
Dec 31 2020	n/a	n/a	₹1b
Sep 30 2020	n/a	n/a	₹1b
Jun 30 2020	n/a	n/a	₹1b
Mar 31 2020	n/a	n/a	₹1b
Dec 31 2019	n/a	n/a	₹1b
Sep 30 2019	n/a	n/a	₹1b
Jun 30 2019	n/a	n/a	₹1b
Mar 31 2019	₹52m	n/a	₹1b
Dec 31 2018	n/a	n/a	₹1b
Sep 30 2018	n/a	n/a	₹1b
Jun 30 2018	n/a	n/a	₹770m
Mar 31 2018	₹2m	₹2m	₹322m

Compensation vs Market: Insufficient data to establish whether Srikanth's total compensation is reasonable compared to companies of similar size in the Indian market.

Compensation vs Earnings: Srikanth's compensation has been consistent with company performance over the past year.

CEO

Srikanth Chakkilam (38 yo)

10.7yrs

Tenure

₹43,958,000

Compensation

Mr. Srikanth Chakkilam is a Co-Founder of AasaanPay Solutions India Private Limited. Mr. Chakkilam serves as Chief Executive Officer of Cigniti Technologies Limited and serves as its Executive Director sin...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Krishnan Venkatachary	Chief Financial Officer	8.9yrs	₹17.47m	0.055% ₹ 19.8m
R. Kumar	Chief Information Officer	1.3yrs	₹12.10m	no data
Nanda Padmaraju	President of Sales	no data	₹26.92m	no data
Sairamprabhu Vedam	Chief Marketing Officer	2.3yrs	₹12.25m	no data
Veera Patlolla	Senior VP & Global Head of HR	4.4yrs	₹9.53m	no data
Jaya Krovvidy	Chief Delivery Officer	9.8yrs	₹15.56m	no data
Rajesh Pawar	Senior Vice President	no data	₹10.75m	no data
Venkateswara Kovvuri	Senior Vice President of Global Delivery	no data	₹9.69m	no data
Rajesh Sarangapani	Senior Vice President of Global Delivery	no data	₹9.90m	no data
Srikanth Chakkilam	CEO & Executive Director	no data	₹43.96m	9.16% ₹ 3.3b
A. Vasudha	Company Secretary & Compliance Officer	no data	₹2.10m	no data
Jayabrata Nag	VP and Global Head of Partnership & Alliances	3.1yrs	no data	no data

3.8yrs

Average Tenure

50yo

Average Age

Experienced Management: 534758's management team is considered experienced (3.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Srikanth Chakkilam	CEO & Executive Director	10.7yrs	₹43.96m	9.16% ₹ 3.3b
Srinath Batni	Independent	6.8yrs	₹6.60m	no data
Phaneesh Murthy	Independent & Non-executive Director	7.3yrs	no data	no data
Venkata Chakkilam	Non-Executive Chairman	less than a year	₹72.50m	10.25% ₹ 3.7b
Sudhakar Pennam	Non-Executive Director	less than a year	no data	0.0041% ₹ 1.5m
Wade Jones	Member of Advisory Board	less than a year	no data	no data
Aiman Abdel-Malek	Member of Advisory Board	4.3yrs	no data	no data
Ramnik Kamo	Member of Advisory Board	4.3yrs	no data	no data
Ram Agarwal	Independent & Non-Executive Director	6.9yrs	₹7.20m	no data
Nooraine Fazal	Independent Non-executive Director	6.9yrs	₹6.50m	no data

5.5yrs

Average Tenure

62.5yo

Average Age

Experienced Board: 534758's board of directors are considered experienced (5.5 years average tenure).

Cigniti Technologies Management

Management criteria checks 3/4

Key information

Recent management updates

Cigniti Technologies Limited Announces Appointment of Sudhakar Pennam as Non-Executive Director

Cigniti Technologies Limited Appoints Sudhakar Pennam as Non-Executive Director of the Company

Cigniti Technologies Limited Appoints Srikanth Chakkilam as CEO

Non-Executive Chairman recently sold ₹15m worth of stock

Non-Executive Chairman recently sold ₹33m worth of stock

Insider recently sold ₹24m worth of stock

Recent updates

Cigniti Technologies Limited to Report Fiscal Year 2024 Results on May 03, 2024

Cigniti Technologies Limited Announces Appointment of Sudhakar Pennam as Non-Executive Director

Third quarter 2024 earnings released: EPS: ₹17.60 (vs ₹17.57 in 3Q 2023)

Cigniti Technologies Limited Appoints Sudhakar Pennam as Non-Executive Director of the Company

Cigniti Technologies Limited Appoints Srikanth Chakkilam as CEO

Non-Executive Chairman recently sold ₹15m worth of stock

Cigniti Technologies Limited to Report Q3, 2024 Results on Feb 06, 2024

Non-Executive Chairman recently sold ₹33m worth of stock

Insider recently sold ₹24m worth of stock

Non-Executive Chairman recently sold ₹69m worth of stock

High number of new directors

Upcoming dividend of ₹3.00 per share at 0.3% yield

Second quarter 2024 earnings released: EPS: ₹16.81 (vs ₹15.24 in 2Q 2023)

Cigniti Technologies Limited Announces Resignation of C V Subramanyam as Managing Director

Investor sentiment improves as stock rises 17%

Cigniti Technologies Limited Approves Appointment of Mr. C.V.Subramanyam as Managing Director

Cigniti Technologies Limited to Report Q2, 2024 Results on Nov 03, 2023

First quarter 2024 earnings released: EPS: ₹16.34 (vs ₹11.06 in 1Q 2023)

Cigniti Technologies Limited Approves Management Changes

Insufficient new directors

Non-Executive recently sold ₹463k worth of stock

Upcoming dividend of ₹5.50 per share at 0.3% yield

Cigniti Technologies Limited, Annual General Meeting, Jun 16, 2023

Insider recently sold ₹868k worth of stock

Cigniti Technologies Limited Recommends Final Dividend for the Year Ended March 31, 2023

Full year 2023 earnings released: EPS: ₹61.32 (vs ₹32.72 in FY 2022)

Non-Executive recently sold ₹397k worth of stock

Insufficient new directors

Non-Executive recently sold ₹875k worth of stock

Insider recently sold ₹775k worth of stock

Cigniti Technologies Limited to Report Q3, 2023 Results on Jan 31, 2023

Company Secretary & Compliance Officer recently sold ₹3.4m worth of stock

Company Secretary & Compliance Officer recently sold ₹3.4m worth of stock

Insider recently sold ₹1.9m worth of stock

Second quarter 2023 earnings released: EPS: ₹15.24 (vs ₹7.90 in 2Q 2022)

Cigniti Technologies Limited to Report Q2, 2023 Results on Oct 20, 2022

Insider recently sold ₹2.7m worth of stock

First quarter 2023 earnings released: EPS: ₹11.06 (vs ₹7.29 in 1Q 2022)

Cigniti Technologies Limited to Report Q1, 2023 Results on Jul 29, 2022

Cigniti Technologies Limited Approves the Final Dividend for the Year Ended March 31, 2022

Upcoming dividend of ₹2.50 per share

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Cigniti Technologies Limited (BSE:534758) announces an Equity Buyback for INR 380 million worth of its shares.

Cigniti Technologies Limited (BSE:534758) agreed to acquire Aparaa Digital Private Limited for $4.8 million.

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Cigniti Technologies Limited Recommends Final Dividend For the year 2021

Investor sentiment improved over the past week

Company Secretary & Compliance Officer recently sold ₹3.0m worth of stock

Company Secretary & Compliance Officer recently sold ₹2.1m worth of stock

Cigniti Technologies Announces Executive Appointments

Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Cigniti Technologies Unveils Incight, Customer Experience Assurance Platform

Cigniti Technologies Enhances 5G Assurance Focus with Innovate 5G Partnership

Chief Financial Officer recently sold ₹3.9m worth of stock

Insider recently bought ₹22m worth of stock

Second quarter 2022 earnings released: EPS ₹7.90 (vs ₹9.06 in 2Q 2021)

Insider recently bought ₹26m worth of stock

First quarter 2022 earnings released: EPS ₹7.29 (vs ₹10.45 in 1Q 2021)

Insider recently sold ₹5.2m worth of stock

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS ₹37.77 (vs ₹43.87 in FY 2020)

Cigniti Technologies Limited Recommends Final Dividend

Investor sentiment improved over the past week

New 90-day low: ₹351

New 90-day low: ₹369

New 90-day low: ₹383

Cigniti Technologies Limited to Report Q3, 2021 Results on Jan 28, 2021

Chief Financial Officer recently sold ₹1.2m worth of stock