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What is the salary of M. Manickam: Chairman and Managing Director at Sakthi Sugars Limited?

Mahalingam Manickam serves as the Executive Chairman of Sakthi Sugars Limited, holding the position since June 12, 2018, which translates to about 5.8 years of tenure. While the exact total compensation is not available, he has a direct ownership of 1.78% of the company's shares, valued at approximately ₹75.08 million. His leadership has been pivotal in shaping the company's trajectory and success.

DesignationAverage Salary (₹ Lakhs/year)Salary Range (₹ Lakhs/year)
Electrical Engineer4.64.0 - 5.0
Mechanical Engineer4.12.4 - 5.0
Instrument Engineer2.81.5 - 4.0
Assistant Manager5.54.0 - 6.0

His responsibilities and contributions:

Responsibilities and Contributions

1. Strategic Leadership: Provides direction and ensures alignment with long-term goals.
2. Corporate Governance: Ensures adherence to ethical practices and legal compliance.
3. Financial Stewardship: Oversees financial management and optimization of resources.
4. Stakeholder Relations: Engages with shareholders, investors, and regulatory bodies.
5. Industry Advocacy: Represents Sakthi Sugars in industry forums and supports policy advocacy.
6. Innovation and Sustainability: Encourages innovation and ensures sustainable practices.
7. People Leadership: Motivates and empowers employees while fostering a positive work culture.
8. Community Engagement: Contributes to social causes and community development.

Some key aspects related to his role:

  • Social Responsibility and Charity Initiatives: Dr. M. Manickam, along with his wife Mrs. Gowri Manickam, is actively involved in philanthropic endeavors, particularly supporting education for children through innovative methods like the Oral Method.
  • Leadership and Growth: As the eldest son of Arutchelvar Dr. N. Mahalingam, Dr. M. Manickam has played a crucial role in the extensive growth of the Sakthi Group. His leadership has been instrumental in driving the company's success.
  • Industry Associations: Dr. M. Manickam has served as the Vice President of the South Indian Sugar Mills Association (Tamil Nadu) for the year 2009-2010.


 

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