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

VMAR.NS on National Stock Exchange of India

344.25INR
11 Jul 2014
Price Change (% chg)

Rs-14.65 (-4.08%)
Prev Close
Rs358.90
Open
Rs365.25
Day's High
Rs365.25
Day's Low
Rs342.50
Volume
3,529
Avg. Vol
8,260
52-wk High
Rs399.90
52-wk Low
Rs131.10

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Summary

Name Age Since Current Position

Lalit Agarwal

42 2012 Executive Chairman of the Board, Managing Director

Deepak Sharma

2014 Chief Financial Officer

Sudhir Kumar

2014 Compliance Officer, Company Secretary

Hemant Agarwal

41 2012 Whole Time Director

Madan Agarwal

69 2012 Whole Time Director

Kamal Gupta

49 2012 Non-Executive Independent Director

Krishan Gupta

65 Non-Executive Independent Director

Aakash Moondhra

2010 Non-Executive Independent Director

Biographies

Name Description

Lalit Agarwal

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.

Deepak Sharma

Sudhir Kumar

Hemant Agarwal

Mr. Hemant Agarwal is Whole Time Director of V-Mart Retail Ltd. He holds a Bachelor’s Degree in Commerce with Honours from Utkal University, Cuttack. He started his career by joining the family retail store in Cuttack and was integral in the formation of the Company. He has 16 years of experience in the retail industry. He is also responsible for managing the growth and development of the company's private labels.

Madan Agarwal

Mr. Madan Agarwal is Whole Time Director of V-Mart Retail Ltd. He holds a Bachelor’s Degree in Arts from City College, the University of Calcutta. He has more than 3 decades of experience in retail industry. He started his career by opening a retail shop in the year 1975 and later on in 1979 opened another retail store of apparels and footwear in Cuttack known as “Shreeman Shreemati”. . He provides vital inputs and insights on cost control and oversees the procurement of general merchandise and Kirana Bazaar business verticals of the Company.

Kamal Gupta

Mr. Kamal Kumar Gupta is Non-Executive Independent Director of V-Mart Retail Ltd. He is a Chartered Accountant by profession and a partner at M/s. Salapuria & Partners. He is a member of the Institute of Chartered Accountants of India. He is a currently a director in Data Alarm Overseas Private Limited.

Krishan Gupta

Mr. Krishan Kumar Gupta is Non-Executive Independent Director of V-Mart Retail Ltd. He is an associate member of the Indian Institute of Bankers. He also holds a post graduate Diploma in bank management from the National Institute of Bank Management, Pacific Rim Bankers Programme Certification from University of Washington Business School, Diploma Certification in Sales and Marketing Management, Business Management, Export and Import Management, Financial Management and International Business Management from National Institute of Labour Education and Management. He is a currently a director in Resurgent India Limited. He has previously worked as an executive in Central Bank of India and handled various portfolios such as credit, recovery, development and human resources development.

Aakash Moondhra

Mr. Aakash Moondhra is Non-Executive Independent Director of V-Mart Retail Ltd. He holds a Bachelor’s Degree in Commerce from the University of Delhi and Master’s Degree in Business Administration from Southern Methodist University, Texas. He is also a member of the Institute of Chartered Accountants of India and the Institute of Company Secretaries of India. He has held various positions in Nokia India Private Limited, Baring Private Equity Partners (India), heading the retail vertical, Bharti Retail Private Limited, Bharti Airtel Limited and AT&T Corporation and currently working as a chief financial officer in Jasper Infotech Private Limited.

Basic Compensation

Name Fiscal Year Total

Lalit Agarwal

7,053,000

Deepak Sharma

--

Sudhir Kumar

--

Hemant Agarwal

4,650,000

Madan Agarwal

2,325,000

Kamal Gupta

--

Krishan Gupta

--

Aakash Moondhra

--
As Of 30 Mar 2013

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