People: Reliance Power Ltd (RPOL.BO)
Shri. Darius J. Kakalia is an Lead Independent Non-Executive Director of the Company. He is a Commerce and Law Graduate from the University of Bombay. He was enrolled as an Advocate of the Bombay High Court in 1973 and qualified as a Solicitor from Bombay in 1976. He also qualified as a Solicitor of the Supreme Court of England in 1982. He is a partner of Mulla & Mulla & Craigie Blunt & Caroe, Advocates and Solicitors. He commenced his practice as a commercial Lawyer having built an extensive transaction practice and court practice having a wide background in corporate commercial matters, setting up of Joint Ventures, Mergers and Acquisitions, ADRs and GDRs as well as real estate transactions and disputes and litigations related to these sectors and areas of practice and has also extensive experience in the power sector. He specializes in power sector litigation and Projects, acting for large Power Companies and has advised consortium for the bids with respect to the 4,000 MW Ultra Mega Power Projects that have been proposed by the Power Finance Corporation of India. He regularly appears before the MERC, the Bombay High Court and in the Supreme Court of India with respect to various litigations in relation to disputes including in the power sector. He was a Lecturer in law at K. C. Law College (University of Bombay) and was also appointed as an examiner by the University of Bombay. He is a Director of Companies of repute including Aditya Birla Finance Limited, Hercules Hoists Limited, Escorts Limited, Reliance Broadcast Network Limited and Rosa Power Supply Company Limited. He is also Chairman of Rosa Power Supply Company Limited, a Material Unlisted Indian Subsidiary of the Company. He is a Member of the Audit Committee, the Stakeholders Relationship Committee, Risk Management Committee and Corporate Social Responsibility Committee of the Company. He is the Chairman of the Nomination and Remuneration Committee of the Company.
|Total Annual Compensation, INR||920,000|
|Restricted Stock Awards, INR||--|
|Long-Term Incentive Plans, INR||--|
|All Other, INR||--|
|Fiscal Year Total, INR||920,000|