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People: Eicher Motors Ltd (EICH.NS)

EICH.NS on National Stock Exchange of India

22 Aug 2019
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Lal, Siddhartha 

Mr. Siddhartha Lal is Chief Executive Officer, Managing Director, Executive Director of Eicher Motors Ltd. He is also the Managing Director & chief Executive of Eicher Motors Ltd., the flagship company of Eicher Group in India. Since October 2012, Siddhartha is the Chairman of VE Commercial Vehicles (VECV); a joint venture between Volvo group and Eicher Motors Ltd. (EML). July 2012 onwards, Siddhartha is also the Chairman of Eicher-Polaris Private Limited (EPPL), a newly formed 50:50 strategic joint venture between Eicher Motors Ltd. and US based Polaris Industries Inc. that will design, develop, manufacture and sell a full new range of personal vehicles. From July 2008 to July 2010, Siddhartha was the CEO of VE Commercial Vehicles (VECV). VECV is the third largest Commercial Vehicles' (CV) player in India and has ambitions to drive modernization in commercial transportation and become a leading trucks and buses company in India and emerging world markets. During 2000-2004, in his tenure as CEO of motorcycle manufacturer Royal Enfield (a division of EML),Siddhartha helped revive the company's fortunes and also strengthened stakeholders' involvement with the brand. He holds a Masters degree in Automotive Engineering from University of Leeds and is a Cranfield University qualified mechanical engineer. Siddhartha is also an Economics graduate from St. Stephens College in Delhi and an alumnus of The Doon School.

Basic Compensation

Total Annual Compensation, INR 78,265,504
Restricted Stock Award, INR --
Long-Term Incentive Plans, INR --
All Other, INR 16,911,200
Fiscal Year Total, INR 95,176,600

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --
Name Fiscal Year Total

Srinivasan Sandilya


Siddhartha Lal


Lalit Malik


Rudratej Singh


Manhar Kapoor


Vinod Dasari

As Of  31 Mar 2018