The Shipping Corporation of India Limited

BSE:523598 Stock Report

Market Cap: ₹108.2b

Shipping Corporation of India Management

Management criteria checks 1/4

Shipping of India's CEO is Binesh Tyagi, appointed in Sep 2022, has a tenure of 1.58 years. total yearly compensation is ₹6.49M, comprised of 81.2% salary and 18.8% bonuses, including company stock and options. directly owns 0% of the company’s shares, worth ₹64.91K. The average tenure of the management team and the board of directors is 1.7 years and 2.3 years respectively.

Key information

Binesh Tyagi

Chief executive officer

₹6.5m

Total compensation

CEO salary percentage81.2%
CEO tenure1.6yrs
CEO ownership0.00006%
Management average tenure1.7yrs
Board average tenure2.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Binesh Tyagi's remuneration changed compared to Shipping Corporation of India's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

₹8b

Sep 30 2023n/an/a

₹9b

Jun 30 2023n/an/a

₹9b

Mar 31 2023₹6m₹5m

₹9b

Dec 31 2022n/an/a

₹7b

Sep 30 2022n/an/a

₹7b

Jun 30 2022n/an/a

₹8b

Mar 31 2022₹5m₹4m

₹9b

Dec 31 2021n/an/a

₹8b

Sep 30 2021n/an/a

₹6b

Jun 30 2021n/an/a

₹5b

Mar 31 2021₹2m₹1m

₹7b

Compensation vs Market: Binesh's total compensation ($USD77.76K) is below average for companies of similar size in the Indian market ($USD437.70K).

Compensation vs Earnings: Binesh's compensation has increased by more than 20% in the past year.


CEO

Binesh Tyagi (53 yo)

1.6yrs

Tenure

₹6,485,201

Compensation

Captain Binesh Kumar Tyagi serves as Chairman and MD at The Shipping Corporation of India Limited since September 3, 2022 and served as its Director of Personnal & Administration- Additional Charge since 2...


Leadership Team

NamePositionTenureCompensationOwnership
Binesh Tyagi
Chairman & MD1.6yrs₹6.49m0.000060%
₹ 64.9k
N. Prakash
GM of Finance & Accounts and CFO1.7yrs₹5.10mno data
Vikram Dingley
Director of Technical & Offshore Services and Director1.9yrs₹6.57m0.00035%
₹ 378.6k
Swapnita Yadav
Company Secretary & Compliance Officer2.2yrs₹3.40mno data
Atul Ubale
Director of Financeno data₹7.32mno data
Manjit Darshansingh Saini
Director of Personnel & Administration and Whole-time Directorless than a yearno datano data
J. Murugadas
HOD of ITno datano datano data

1.7yrs

Average Tenure

58yo

Average Age

Experienced Management: 523598's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Binesh Tyagi
Chairman & MD3.3yrs₹6.49m0.000060%
₹ 64.9k
Vikram Dingley
Director of Technical & Offshore Services and Director1.9yrs₹6.57m0.00035%
₹ 378.6k
Atul Ubale
Director of Finance4.3yrs₹7.32mno data
Manjit Darshansingh Saini
Director of Personnel & Administration and Whole-time Directorless than a yearno datano data
Rajesh Sinha
Government Nominee Director1.4yrsno datano data
Sanjay Kumar
Government Nominee Director4.3yrsno datano data
Kalla Nageswara Chakravarthy
Non-official Independent Director2.3yrs₹360.00kno data
Gulabbhai Rohit
Non-official Independent Director2.4yrs₹430.00kno data
Arunima Dwivedi
Independent Director2.3yrs₹520.00kno data
Shreekant Pattar
Independent Director2.3yrs₹280.00kno data
Anil Mishra
Independent Director2.3yrs₹460.00kno data
Jaswinder Singh
Directorless than a yearno datano data

2.3yrs

Average Tenure

54yo

Average Age

Experienced Board: 523598's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


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