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Lakshmi Machine Works Ltd (LKMC.NS)

LKMC.NS on National Stock Exchange of India

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Summary

Name Age Since Current Position

Sanjay Jayavarthanavelu

45 2012 Executive Chairman of the Board, Managing Director

C. Chandrasekar

2015 Chief Financial Officer

K. Duraisami

Compliance Officer, Company Secretary

K. Rajhan

2017 Director - Operations, Additional Director

S. Pathy

Non-Executive Non-Independent Director

.. Basavaraju

67 2013 Non-Executive Independent Director

Aditya Himatsingka

2010 Non-Executive Independent Director

Mukund Rajan

47 2010 Non-Executive Independent Director

V. Sathyakumar

2013 Non-Executive - Non Independent Nominee of LIC

M. Subbiah

1979 Non-Executive Independent Director

Chitra Venkataraman

2015 Non-Executive Independent Director

Biographies

Name Description

Sanjay Jayavarthanavelu

Shri. Sanjay Jayavarthanavelu serves as Executive Chairman of the Board, Managing Director of Lakshmi Machine Works Limited. He has been appointed as Executive Chairman of the Board of the Company with effect from October 29, 2012. He has 18 years of experience. He is a post graduate in Business Administration from Philadelphia University, USA with specialization in Management and Finance. He has joined the Company as Director on 24.02.1993 and was appointed as Wholetime Director with effect from 03.06.1994. He was the past Chairman of the Textile Machinery Manufacturers Association of India, past Chairman of Tamilnadu State Council of CII, present member of Southern Regional Council of CII, past Chairman of the India ITME Society, Member of the Development council for Textile Machinery as well as Machine Tools set up by the Government of India. He is also a Managing Trustee / Trustee of Trusts contributing to the promotion of health, education, sports and public welfare.

C. Chandrasekar

K. Duraisami

Shri. K. Duraisami is Compliance Officer, Company Secretary of Lakshmi Machine Works Limited.

K. Rajhan

Shri. K. Soundhar Rajhan has been appointed as Director - Operations, Additional Director of the Company with effect from 01st November 2017. He started as a trainee in Lakshmi Group in 1971.

S. Pathy

Shri. S. Pathy is Non-Executive Non-Independent Director of Lakshmi Machine Works Limited. He is a Commerce Graduate with a vast experience in the field of textiles, textile machinery, finance and administration. He is the Chairman and Managing Director of The Lakshmi Mills Company Limited, Coimbatore. He also holds Directorships in many other companies. He is one of the Trustees of the Kuppuswamy Naidu Charity Trust for Education and Medical Relief and was also the Executive Committee Member of the Textile Machinery Manufacturers Association. He has about four decades of experience in the field of textile, textile machinery, finance and administration.

.. Basavaraju

Shri. Basavaraju is Non-Executive Independent Director of Lakshmi Machine Works Limited. He is a post graduate in English Literature from Bangalore University. He joined LIC in the year 1977 and held various responsible positions in LIC before retiring as Executive Director. He was Ex-officio President of Bangalore Insurance Institute from 1998 to 2001 He was the first Zonal Manager of eighth Zone of LIC with headquarters at Patna, Bihar. He has also served as Chair Professor (Life) in the National Insurance Academy, Pune. He is on the Board of our Company since 30th October, 2006 as Nominee Director of LIC and on his retirement he was appointed as Additional Director on the Board of the Company from 25.01.2013.

Aditya Himatsingka

Shri. Aditya Himatsingka has been appointed as Non-Executive Independent Director of Lakshmi Machine Works Limited, with effect from October 25, 2010. He has completed his B.Com. degree with honours from Calcutta University in 1985 and his post graduate course in Textile Technology at Philadelphia College of Textile in USA. He is serving as Executive Director of Himatsingka Seide Limited since 1994. He has over 23 years of experience in the silk industry.

Mukund Rajan

Dr. Mukund Govind Rajan has been appointed as Non-Executive Independent Director of Lakshmi Machine Works Limited, with effect from October 25, 2010. He holds a B.Tech. degree from I.I.T., Delhi. He completed his Masters and Doctorate in International Relations from Oxford University. He is a recipient of the prestigious Rhodes Scholarship from Oxford University. He joined the TATA Group in 1995 through its premier management programme, the TATA Administrative Service (TAS). He was assigned in 1996 to the office of the Chairman of TATA Sons Limited, the principal investment holding company of the TATA Group where he rose to the position of Vice President. In 2008 he took charge as Managing Director of TATA Teleservices (Maharashtra) Limited and after a 28 months stint the company he joined TATA Capital Limited to help launch of new private equity fund, TATA Opportunities Fund.Dr.Rajan has served in the Boards of number of TATA companies including TATA Teleservices Limited, TATA Communication Limited, Piem Hotels Limited. He also served as President of the Association of United Access Service Providers of India (AUSPI).

V. Sathyakumar

Shri. V. Sathyakumar is Non-Executive - Non Independent Nominee of LIC of Lakshmi Machine Works Limited, Since January 25, 2013.

M. Subbiah

Shri. M. V. Subbiah is Non-Executive Independent Director of Lakshmi Machine Works Limited, since March, 1979. He is a diploma holder in Industrial Administration and has studied at the University of Aston and has attended programme for Management Development at Harvard Business School. He was the former Chairman of EID Parry (India) Limited of the Murugappa Group. He was the recipient of JRD Tata Business Leadership Award in 2002, the National HRD Award in 1998 and Padma Bhushan Award from President of India in 2012. He has 4 decades of experience in the field of Industrial Administration, Human Resource Development and Financial Management. Other Directorships : ICI India Limited, National Silk Development Corporation, Chennai Willington Corporate Foundation and Chennai Heritage.

Chitra Venkataraman

Basic Compensation

Name Fiscal Year Total

Sanjay Jayavarthanavelu

82,389,696

C. Chandrasekar

--

K. Duraisami

--

K. Rajhan

--

S. Pathy

670,000

.. Basavaraju

1,080,000

Aditya Himatsingka

870,000

Mukund Rajan

890,000

V. Sathyakumar

640,000

M. Subbiah

720,000

Chitra Venkataraman

100,000
As Of  31 Mar 2015