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United Kingdom

Housing Development and Infrastructure Ltd (HDIL.NS)

HDIL.NS on National Stock Exchange of India

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Summary

Name Age Since Current Position

Rakesh Wadhawan

64 2008 Executive Chairman of the Board

Sarang Wadhawan

42 2011 Vice Chairman of the Board, Managing Director

Darshan Majmudar

2014 Chief Financial Officer, Company Secretary

Raj Aggarwal

62 2008 Non-Executive Independent Director

Sandhya Baliga

2014 Non-Executive Independent Director

Hazari Lal

2014 Non-Executive Independent Director

Lalit Mehta

74 2006 Non-Executive Independent Director

Biographies

Name Description

Rakesh Wadhawan

Shri. Rakesh Kumar Wadhawan is Executive Chairman of the Board of Housing Development & Infrastructure Ltd. His other Directorships are Dewan Housing Finance Corporation, Limited., DHFL Insurance Services Limited., DHFL Property Services Limited., Privilege Power and Infrastructure Private Limited., Wadhawan Holdings Private Limited., Wadhawan Food Retail Private Limited., Prithvi Realtors and Hotels Private Limited., Dinshaw Trapinex Builders Private Limited., Privilege Industries Limited., Dewan Realtors Private Limited., Libra Realtors Private Limited., Heritage Housing Development India Private Limited., Privilege Airways Private Limited., Libra Hotels Private Limited., Guruashish Construction Private Limited. He is one of the Promoters and non-executive Chairman. He is also one of the promoters and the founder of the Wadhawan Group. Mr. Wadhawan has over 30 years of experience in the real estate and infrastructure industry. He is a member of various industry bodies and has actively participated in housing related seminars in various countries. He has been a guiding force behind foray into building residential/commercial complexes and infrastructure projects. He is a commerce graduate from Mumbai University.

Sarang Wadhawan

Shri. Sarang Wadhawan is a Vice Chairman of the Board, Managing Director of Housing Development & Infrastructure Ltd., He has been appointed as Vice Chairman of the Board of the company effective August 12, 2011. His Other Directorships are: Dewan Housing Finance Corporation Limited., DHFL Vysya Housing Finance Limited, DHFL Property Services Limited, DHFL Insurance Services Limited, Privilege Power And Infrastructure Private Limited, Dinshaw Trapinex Builders Private Limited, Privilege Industries Limited, Prithvi Realtors and Hotels Private Limited, Privilege Airways Private Limited, Privilege Distilleries Private Limited, Dinshaw Trapinex Limited, Dinshaw Trapinex Commercial Broker (L.L.C) Wadhawan is one of the Promoters and the Managing Director of the Company. He has a MBA from Clarks University, Worcester, U.S.A. and is a commerce graduate from Mumbai University. Mr. Sarang Mr. Wadhawan has exposure to the real estate and housing finance industry and is currently the management of the Company with his plans for growth and expansion. Mr. Sarang Wadhawan is involved in implementation and review of strategic objectives of the Company as envisaged by the management of the Company.

Darshan Majmudar

Raj Aggarwal

Mr. Raj Kumar Aggarwal is Non-Executive Independent Director of Housing Development and Infrastructure Ltd. He has a Bachelor Degree in Commerce and is a fellow member of the Institute of Chartered Accountants of India and the Institute of Company Secretaries of India. He is practicing Chartered accountant since 1980. He has served on the Board of Bank of Baroda Capital Market Limited (“BoBCML”), a subsidiary of Bank of Baroda and was also a member of the Audit Committee of the Board of BoBCML. Presently he is member of the Audit Committee of the Company and has provided financial inputs and recommendations in respect of financial analysis to the members of the Audit Committee.

Sandhya Baliga

Hazari Lal

Lalit Mehta

Shri. Lalit Mohan Mehta is Non-Executive Independent Director of Housing Development & Infrastructure Ltd. He is a Retired Indian Administrative Service Officer. In the past, he has served the Government of India and State Governments in various capacities in matters concerning urban affairs, planning, fiscal matters and public and personnel relations. He has served as the Secretary to the Government of India in the Ministry of Urban Development and Poverty Alleviation. He is an arts graduate from Punjab University and has a Masters Degree in Development Studies including a course comprising aspects of economics, political science and sociology from University of Bath in the United Kingdom. He has been on the Board of the Company since 2006.

Basic Compensation

Name Fiscal Year Total

Rakesh Wadhawan

10,000,000

Sarang Wadhawan

5,000,000

Darshan Majmudar

6,000,000

Raj Aggarwal

1,725,000

Sandhya Baliga

1,705,000

Hazari Lal

1,625,000

Lalit Mehta

1,765,000
As Of  31 Mar 2018