Members approve revision in Whole-time Director & CEO remuneration to Rs. 4,00,000/- per month
Members at the 41st AGM approved a revision in remuneration for Whole-time Director & CEO Mr. Bharath Kumar Kakkireni.
- Revised remuneration
- Rs. 4,00,000/- per month
- Effective date
- 1st October, 2026
- Meeting
- 41st Annual General Meeting held on Wednesday, 30 September 2026 at 04:05 p.m. (IST)
- Designation
- Whole-time Director & CEO
What the update says
The company has informed BSE that members approved a revision in the remuneration payable to a Key Managerial Personnel of the company. The approval was given at the 41st Annual General Meeting held on Wednesday, 30 September 2026 at 04:05 p.m. (IST), conducted through Video Conferencing (VC)/Other Audio-Visual Means (OAVM).
Who this is about
- Name: Mr. Bharath Kumar Kakkireni (DIN: 06781591)
- Designation: Whole-time Director & CEO
- Revised remuneration: Rs. 4,00,000/- per month
- Effective from: 1st October, 2026
How the approval was routed
The company states the revision was approved by the Members under Sections 196, 197, 198 and other applicable provisions of the Companies Act, 2013, read with Schedule V to the Companies Act, 2013, and the applicable provisions of the SEBI LODR Regulations. Because it is a Member approval at the AGM, the decision carries shareholder approval.
What this means in simple terms
A whole-time director is a director who is also an employee of the company and draws a salary, unlike an independent or non-executive director. The CEO heads the management of the company. A revision in remuneration changes what the company pays this person every month, so it is a recurring payment the company makes.
For a retail investor, this intimation tells you the amount at which the top executive is being paid from 1 October 2026, and that the change was put to and approved by the members.
The figures at a glance
- Revised remuneration: Rs. 4,00,000/- per month
- Effective date: 1st October, 2026
- Meeting: 41st Annual General Meeting, held 30 September 2026 at 04:05 p.m. (IST)
Nature of this announcement
This is an intimation to the stock exchange recording the outcome of a member-approved revision in managerial remuneration, along with the designation and the effective date.
More numbers
- Revised remuneration of Whole-time Director & CEO (per month)Rs. 4,00,000/-
- Annual General Meeting at which the revision was approved41st
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