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What is the salary of Hanoz M. Mistry: Company Secretary at Tata Power Company?

Salary progression of Hanoz M. Mistry, the Company Secretary and Compliance Officer at Tata Power Company Ltd:

  • 2016: Not specified
  • 2017: ₹87.3 Lakhs
  • 2018: ₹1.0 Crore (20.1% increment)
  • 2019: ₹1.2 Crores (13.2% increment)
  • 2020: ₹1.3 Crores (11.7% increment)
  • 2021: Not specified
  • 2022: ₹1.6 Crores
  • 2023: ₹1.8 Crores (15.6% increment)

Average annual salaries for various positions at Tata Power Company based on available data:

  1. Lead Engineer: ₹7 Lakhs
  2. Graduate Engineer Trainee (GET): ₹6.5 Lakhs
  3. Team Lead: ₹9.3 Lakhs
  4. Associate Lead: ₹10.3 Lakhs
  5. Electrical Engineer: ₹4.3 Lakhs
  6. Project Engineer: ₹5.3 Lakhs
  7. Software Engineer: ₹4.9 Lakhs
  8. Safety Officer: ₹3.9 Lakhs
  9. Financial Associate: ₹3.9 Lakhs
  10. Supervisor: ₹2.4 Lakhs

Key Responsibilities:

  • Secretarial Functions:
    • Oversees secretarial matters ensuring compliance with legal and regulatory requirements.
    • Manages board meetings, maintains records, and facilitates communication with stakeholders.
  • Corporate Governance:
    • Upholds corporate governance standards by implementing best practices, transparency, and accountability.
  • Compliance Management:
    • Ensures adherence to applicable laws, regulations, and internal policies.
    • Monitors compliance frameworks and guides the company in ethical conduct.
  • Disclosure & Reporting:
    • Oversees timely and accurate disclosure of information to regulatory bodies, shareholders, and the public.
    • Manages financial reporting, annual reports, and other disclosures.
  • Ethics & Compliance:
    • Promotes an ethical culture within Tata Power, emphasizing integrity, honesty, and ethical behavior.
  • Shareholder Management:
    • Facilitates effective communication with shareholders, addressing their queries and managing shareholder meetings.
    • Safeguards shareholder interests.

Hanoz M. Mistry, as the Company Secretary at Tata Power Company Ltd., may enjoy beyond his remuneration:

  1. Housing Assistance: Executives like Hanoz Mistry may receive housing allowances or assistance to meet their accommodation needs. This could include subsidies for rent or home loans, or even company-provided housing options.
  2. Transportation Allowances: To facilitate seamless commuting between work and home, executives often receive transportation allowances. This benefit may cover expenses related to commuting, such as fuel costs, vehicle maintenance, or even public transportation expenses.
  3. Wellness Programs: Tata Power prioritizes employee well-being, and as such, Hanoz Mistry may have access to wellness programs. These programs could include comprehensive health insurance coverage, gym memberships, stress management workshops, and regular health check-ups.

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