Lt. Gen. (Dr) Rajesh Pant PVSM, AVSM, VSM (Retd.) is Ph D in Information Security Metrics (2014), M. Tech in Telecom & Remote Sensing from IIT Kharagpur, Master of Management Studies from Osmania University, Hyderabad, M. Phil in National Security from Chennai University. He undertook an Independent Directors Course from MDI, Gurgaon in 2014.
Over forty years of unblemished and disciplined service to the Nation as a Leader and Mentor in the glorious Indian Army. He is a renowned techno-scholar-warrior with experience of Sri Lanka and Kargil operations and has processed three patents in previous establishment through visionary and innovative academic leadership. He is a Founder member of India’s indigenous Electronic Warfare (EW) programme, author of Indian Army’s Information Warfare Doctrine (2004) and has evaluated EW Systems in France, Israel, South Africa, Argentina. He is also an initiator of Battlefield Management Systems for entire Indian Army, second largest in world and managed projects of over Rs 5,000 crore value. He displayed outstanding integrity and superannuated after reaching highest rank of Lieutenant General in Signals on June 30, 2014.
He has been awarded on Jan 26, 2000 - Vishisht Sewa Medal (VSM) by President of India, Jan 26, 2013 - Ati Vishisht Sewa Medal (AVSM) by President of India, July 20, 2013 - IETE National Award for ICT & Cyber Training Initiatives, Jan 15, 2014 - Unit Citation (of excellence) for leadership of previous technical training organization, Military College of Telecom Engineering, Mhow (MP), Jan 26, 2015– Awarded Param Vishisht Sewa Medal (PVSM) by President for distinguished service of the most exceptional order.
He has been a Non-Executive Chairman of the Company w.e.f. July 27, 2015.
Mr. Ashok K Kanodia has over 37 years of experience in the field of Electronics and is the founder, promoter director of “Precision Electronics Ltd.”. He completed B.Sc with Physics honours from St Xavier College, Kolkata (CalcuttaUniversity) in 1970 and thereafter went for higher education to the prestigious Massachusetts Institute of Technology (MIT),USAwhere he graduated in Electrical Engineering and Business Management. He has always been associated with various committees formulated for policy making. His leadership extends to shaping National Policies and Regulations as Member of the IT/Telecom Hardware Task Force set up by the Prime Minister of India and as President of the Telecommunication Equipment Manufacturers Association (TEMA) ofIndia, the only Government recognized association of domestic telecom equipment manufacturers. He served back-to-back terms from 1999-2001.
He was one of the four industry representatives in the "Kelkar Committee" set up by the Defence Minister 'Towards strengthening self-reliance in Defence preparedness’, where the focus of the committee was to recommend policy measures and procedures to facilitate participation of the Private industry in National Defence capability building.
He is currently the Chairman of the Specialist group on Defence MSME in the Confederation of Indian Industry (CII) and a National Defence Committee Member of the Federation of Indian Chambers of Commerce and Industry (FICCI) and Associated Chambers of Commerce (ASSOCHAM), apex Forums for Industry in India and has made several contributions as industry representative in Defence international seminars, exhibitions and led industry delegations around the world. He is an acknowledged spokesperson of the Defence MSME units inIndia. He was a panel member of the MSME Ministry for the “Make inIndia” program of the Prime Minister, member of the Joint Working Group on Electronics System design & Manufacturing [ESDM] and a Governing Council member ofTechnologyDevelopmentCenter[TDC] under the MSME Ministry. He is highly qualified and extremely well regarded in the industry, both inIndiaas well as internationally.
He was reappointed as the Managing Director and Key Managerial Personnel of the Company in the Annual General Meeting held on September 26, 2015 for a period of 5 years w.e.f. August 14, 2015.
Mr. Anant Kanoi is a graduate from the University of Michigan and specializes in Industrial & Operations Engineering and has more than 10 years of work experience with various international companies like Pepsi and Ford Motors. He is an active member of the Entrepreneur’s Organization (EO), New Delhi and is currently serving on the Board of the EO in a leadership position as the Learning Chair.
Mr. Sharvan Kumar Kataria is a practicing Chartered Accountant since 1983 and has an expertise in Corporate Laws, Income Tax, Direct Taxes, Indirect Taxes, Accounts and Audit Laws, Tax Planning, Tax management and Tax Jurisprudence and has many publications to his credit in the above subjects.
Mr. Suresh Vyas is a Fellow Member of the Institute of Chartered Accountant of India having an experience of around 29 years in the industry and is handling various projects at national and international level. He has mastered the activities relating to corporate world such as corporate law matter, acquisitions and mergers, liaison with Government agencies etc.
Mr. Deepto Roy is a graduate with BA, LLB Hons from the West Bengal National University of Juridical Sciences and has been admitted to the Bar Council of Maharashtra and Goa since 2005. He is a corporate lawyer specializing in projects, infrastructure, Companies Law and Foreign Direct Investment. His acumen on his subject proved highly beneficial during his span of association with the Company.
Mr. Rahul Goenka has been a Director on the Board of the Company since September 25, 2004. He is a Commerce graduate and an MBA from Clark University, Worcester, USA having over 2 years of work experience with Consultants Inc., Boston USA one of the leading Technology Solutions Provider in the world. Presently he is a Director with Apparel & Textiles manufacturing and export company that employs over a 1000 people across 3 manufacturing sites and exports their products to some of the best known brands inUK. Mr. Rahul Goenka has in depth knowledge and experience of manufacturing and international trade.
Ms. Ranjna Gudoo is a graduate with BA, LLB. She has retired as DGM – Law of Power Grid Corporation of India Ltd (PGCIL) and has been an in-house lawyer for twenty seven years in the Power Sector with NTPC and PGCIL. She has acted as Borrower’s Counsel to Indian Financial Institutions, International Banks, Multilateral agencies including World Bank and ADB for financial closure of the projects. She has extensive experience in drafting of commercial contracts and has handled litigation matters on behalf of PGCIL.
|Board of Directors||Audit Committee||Stakeholders Grievance Committee||Nomination and Remuneration Committee|
Lt. Gen(Dr) Rajesh Pant
|Shri S.K. Kataria||Shri. Rahul Goneka||Shri. Anant Kanoi|
Shri Ashok Kanodia
|Shri Anant Kanoi||Smt Ranjna Gudoo||Shri Deepto Roy|
Shri Anant Kanoi
|Shri Deepto Roy||Shri S.K. Kataria||Shri S.K. Kataria|
Shri S.K. Kataria
|Shri Suresh Vyas||Shri Suresh Vyas||Shri Suresh Vyas|
|Shri Suresh Vyas|
|Shri Deepto Roy|
|Shri Rahul Goenka|
|Smt Ranjna Gudoo|
At present there are 5 (five) non-executive directors and 3 (three) independent directors. However no distinction is made for payment of remuneration to non Executive and independent director as it is not required as per the provisions of Companies Act, listing agreement and Articles of Association.
The Company pays the following sitting fees to them for attending each meeting of the Board and its Committees.
|a)||Board Meeting||Rs. 10,000/-|
|b)||Audit Committee Meeting||Rs. 7,500/-|
|c)||Selection & Compensation Committee Meeting||Rs. 7,500/-|
|d)||Share transfer & Investor Grievance Committee Meeting||Rs. 2,500/-|
No other remuneration is paid to the non-Executive Directors. Besides the above, the non-Executive Directors are also reimbursed for actual conveyance and out of pocket expenses.
The above are subject to revision/s as per applicable law/s prevailing from time to time.
The following are the overall criteria kept in view for fixing the remuneration, being applied uniformly, for all the non Executive Directors:-