People: Escorts Ltd (ESCO.NS)
Mr. Rajan Nanda is Chairman of the Board, Managing Director of Escorts Limited. He is no longer a Managing Director of the Company effective September 18, 2013. He is an alumnus of Doon School, Dehradun. He took over as Chairman of Escorts Group in the year 1994. That was the time when the Indian economy had begun to burgeon as result of liberalization. Displaying vision and leadership qualities, Mr. Nanda undertook a restructuring programme to give sharper focus to the Group's businesses. Under his stewardship the Escorts Group today is moving ahead in the high growth areas of agri machinery, construction equipment, railway equipment and auto components. Mr. Nanda is an active member of several apex trade and industry bodies. As member of the CII National Council he has served as Chairman of its Agriculture Committee in the past years. He played a pivotal role in promoting the cause of Indian agriculture and his endeavours resulted in the Government announcing the long-awaited National Agriculture policy.
|Total Annual Compensation, INR||27,000,000|
|Restricted Stock Award, INR||--|
|Long-Term Incentive Plans, INR||--|
|All Other, INR||50,978,500|
|Fiscal Year Total, INR||77,978,496|