People: Bombay Dyeing and Mfg Co Ltd (BDYN.NS)
Mr. Jehangir N. Wadia, Esquire., is Managing Director, Director of Bombay Dyeing & Manufacturing Co Ltd. He was appointed as a Director of the Company from 1st June, 2010. Mr. Wadia was appointed as the Managing Director (MD) of the Company by the Board for a period of 5 years with effect from 1st April, 2011. The terms and conditions of the appointment of Mr. Wadia as MD are embodied in the Agreement to be entered into between the Company and Mr. Wadia. The aforesaid appointment and remuneration payable to him are subject to the approval of the members and of the Central Government, if and to the extent necessary. Mr. Wadia is Master in Science from the Warwick University in Coventry, UK. He is the Co-author of the restructuring of the Wadia Group. The restructuring involved looking at new fi nancial and strategic investments for the group. The investments concluded ranged from a Venture Fund for technology companies to Ports, Clinical research, Education, Real Estate and Aviation. At Present he is Managing Director of Bombay Dyeing (a 130 Year old Real Estate, Polyester and Retail Company) and Go Airlines (a low cost Airline in India). He also sits on the Boards of Britannia and Bombay Burmah. The World Economic Forum elected him as a Young Global Leader in the year 2008.
|Total Annual Compensation, INR||66,300,000|
|Restricted Stock Award, INR||--|
|Long-Term Incentive Plans, INR||--|
|All Other, INR||1,800,000|
|Fiscal Year Total, INR||68,100,000|