People: MT Educare Ltd (MTED.NS)

MTED.NS on National Stock Exchange of India

134.80INR
31 Oct 2014
Price Change (% chg)

Rs0.15 (+0.11%)
Prev Close
Rs134.65
Open
Rs134.65
Day's High
Rs139.80
Day's Low
Rs134.00
Volume
78,233
Avg. Vol
215,102
52-wk High
Rs154.75
52-wk Low
Rs65.50

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Summary

Name Age Since Current Position

Mahesh Shetty

Executive Chairman & Managing Director

Ashwin Patel

Compliance Officer, Company Secretary

Naarayanan Iyer

Non-Executive Non-Independent Director

Chhaya Shastri

2011 Non-Executive Non-Independent Director

Drushti Desai

39 2011 Non-Executive Independent Director

Uday Lajmi

2011 Non-Executive Independent Director

Yatin Samant

2011 Non-Executive Independent Director

Biographies

Name Description

Mahesh Shetty

Mr. Mahesh R. Shetty is Executive Chairman & Managing Director of MT Educare Ltd. He holds a bachelor’s degree in science and education from the University of Mumbai. He has over 30 years of experience in the coaching sector. He started the business of providing coaching services to students in School Section in 1988 under the brand of ‘Mahesh Tutorials’. He is a Director of MT Education Services Private Limited; Chitales Personalised Learnings Private Limited, Prithviraj Shares and Securities Private Limited; Neptune Developers Limited, Lakshya Educare Private Limited and Neptune Ventures and Developers Private Limited. He was awarded the ‘Pride of the Nation Award’ by the All India Achievers Association in 2008.

Ashwin Patel

Naarayanan Iyer

Mr. Naarayanan Iyer is Non-Executive Non-Independent Director of MT Educare Ltd. He holds a bachelor’s degree in mechanical engineering from the University of Madras. He has 25 years of experience in the education sector and associated with the Company since inception.

Chhaya Shastri

Dr. Chhaya Shastri is Non-Executive Non-Independent Director of MT Educare Ltd. She holds a bachelor’s degree in dental surgery and a bachelor’s degree in law (general) from the University of Mumbai. She has also completed a one year programme in business management from the Indian Institute of Management, Calcutta. She was appointed as Director of the Company on 8 April, 2011. In 2005, she started advising small and medium enterprises in her capacity as a promoter Director of Prosynapse Consultants India Private Limited in various fields like media, healthcare, constructions and manufacturing. She joined our business in 2005 in the capacity of an advisor on behalf of Prosynapse Consultants India Private Limited, pursuant to a retainership arrangement. She has played a major role in establishing the Company as a corporate entity and formulating strategic expansion plans of the Company. She is a Director of Prosynapse Consultants India Private Limited and MT Education Services Private Limited. She is the member of Audit Committee and Shareholders’ and Investors’ Grievances Committee of the Company.

Drushti Desai

Ms. Drushti Desai is Non-Executive Independent Director of MT Educare Ltd. She holds a bachelor’s degree in commerce from Sydenham College of Commerce and Economics, Mumbai. She is also a fellow chartered accountant of ICAI. She was appointed as a Director of our Company on 8 April, 2011. She has 17 years of experience in the field of chartered accountancy, taxation, restructuring advisory and valuation. She is a Director of MPIL Corporation Limited; Kruti Finance and Holdings Private Limited. She is the Chairman of Audit Committee and member of Shareholders’ and Investors’ Grievances Committee of the Company. She is a partner of Bansi S. Mehta & Co., B. S. Mehta & Co., and BSM Associates, Chartered Accountants.

Uday Lajmi

Mr. Uday Lajmi is Non-Executive Independent Director of MT Educare Ltd. He holds a master’s degree in marketing management from the University of Mumbai and a doctorate degree in physical chemistry from the Institute of Technology Mumbai. He was appointed as a Director of our Company on 2 June, 2011. He has over 22 years of experience in various capacities in industry and academics and presently is the additional vice president (training & development) with Reliance Infrastructure Limited. He is the member of Audit Committee and Remuneration Committee of the Company.

Yatin Samant

Mr. Yatin Samant serves as Non-Executive Independent Director of MT Educare Ltd. He holds a bachelor’s degree in engineering from Veermata Jijabai Institute of Technology, Mumbai and a master’s degree in management studies from Jamnalal Bajaj Institute of Management Sciences, Mumbai. He was appointed as a Director of our Company on 8 April, 2011. He has over 29 years of varied experience in sales, marketing, business development and general management across industries. He is the Chairman of Shareholders’ and Investors’ Grievances Committee and member of Remuneration Committee.

Basic Compensation

Name Fiscal Year Total

Mahesh Shetty

129

Ashwin Patel

--

Naarayanan Iyer

--

Chhaya Shastri

--

Drushti Desai

--

Uday Lajmi

--

Yatin Samant

--
As Of 30 Mar 2014

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