People: Cadila Healthcare Ltd (CADI.NS)
Mr. Nitin Raojibhai Desai is an Non-Executive Independent Director of Cadila Healthcare Ltd., since May 6, 2011. Mr. Nitin Raojibhai Desai is a Graduate in Civil Engineering and Masters in Environmental Engineering from the University of Michigan, Ann Arbor, USA. He is presently Chairman and Managing Director of Desai Brothers Limited, Pune, a Corporate in the multifold business of manufacturing Bidis and Food Products, Finance and Investments, Real Estate and Wind Power Generation. Desai Group diversified in Indian Ethnic Food business under the famous “Mother’s Recipe” brand, dealing in wide range of food products like Pickles, Pastee, Papads, Fruit Pulps, Frozen Foods, Ready to Eat and Ready to Cook Products, which are exported to over 40 countries. During his entrepreneurial tenure, the business turnover of the Desai Group has grown from Rs. 6 Crores in 1974-75 to around Rs. 675 Crores in 2010-11. Actively associated with the Health Care Industry, he is one of the Promoter Directors of the fast expanding “Sahyadri Group of Hospitals”. He is actively involved with diverse social activities, mainly in the spheres of Eye Care, support of the disabled and Education. Mr. Desai is the Chairman of Poona Blind Mens’ Association and H. V. Desai Eye Hospital. In recognition of his role in providing comprehensive eye care, he was felicitated by the former President of India, Dr. A.P.J. Abdul Kalam. Mr. Desai is the President of Shri Poona Gujarati Bandhu Samaj. He has been a Trustee of Poona Gujarat Kelvani Mandal, Pune for the past several years. He is also a Trustee of Vanarai, headed by Shri Mohan Dhariya, former Vice Chairman of the Planning Commission. Mr. Desai has served as President of the prestigious Poona Club. He was also President of Poona Junior Chamber and Vice – President of Indian Jaycees.
|Total Annual Compensation, INR||3,400,000|
|Restricted Stock Award, INR||--|
|Long-Term Incentive Plans, INR||--|
|All Other, INR||--|
|Fiscal Year Total, INR||3,400,000|