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People: V-mart Retail Ltd (VMAR.NS)

VMAR.NS on National Stock Exchange of India

19 Aug 2019
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Agarwal, Lalit 

Mr. Lalit Agarwal is Executive Chairman of the Board, Managing Director of V-Mart Retail Ltd. He holds a Bachelor’s Degree in Commerce from Bombay University, and a Diploma in Financial Management from the Narsee Monjee Institute of Management Studies, Mumbai. He was also involved in setting up of a printing and packaging unit, a water theme park in Kolkata and was associated with a retail chain till 2003. He has over 16 years experience in the retail industry. With a vision to establish the concept of organized value retailing in certain untapped regions of India, he setup up retail stores under the brand name of “V-Mart” in the year 2003.

Basic Compensation

Total Annual Compensation, INR 4,500,000
Restricted Stock Award, INR --
Long-Term Incentive Plans, INR --
All Other, INR 3,950,000
Fiscal Year Total, INR 8,450,000

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --