Voltas Limited (VOLTAS.BO)

1,481.65 +6.65 (+0.45%) At close: 03:29PM IST

Voltas Limited

Voltas House
A Block Dr. Babasaheb Ambedkar Road Chinchpokli
Mumbai 400033
India
91 22 6665 6251
https://www.voltas.com

Sector(s): Industrials
Industry: Specialty Industrial Machinery
Full-time employees: 1,689

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Pradeep Kumar Bakshi B.Sc., D. M. M.	CEO, MD & Executive Director	37.5M	N/A	1962
Mr. Jitender Pal Verma	Executive VP & CFO	N/A	N/A	1965
Mr. Manish Desai	Head of Corporate Finance	N/A	N/A	N/A
Mr. Varun P. Malhotra A.C.A, B.Com.A.C.S.	Head of Taxation & Legal, Compliance Officer and Company Secretary	15.25M	N/A	1964
Mr. B. N. Garudachar	Senior General Manager of Corporate Communications Department	N/A	N/A	1956
Ms. Boishakhi Banerjee	Head of People & Culture	N/A	N/A	N/A
Mr. Prabhuajgaonkar G. Balkrishna	CFO of Projects & VP of Finance	N/A	N/A	1958
Mr. Dinesh Singh	Head of Merger & Acquisition	N/A	N/A	1968
Mr. Salil Kapoor	Executive VP & COO of UPBG	N/A	N/A	1969
Ms. Pradnya Shinde	Head of Corporate Sustainability	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in INR.

Description

Voltas Limited operates as an air conditioning and engineering company primarily in India, the Middle East, Singapore, and internationally. It operates through three segments: Unitary Cooling Products for Comfort and Commercial Use; Electro-Mechanical Projects and Services; and Engineering Products and Services. The company manufactures, sells, and services cooling appliances and cold storage products, such as air conditioners, air coolers, freezers, visi coolers, water dispensers, variable refrigerant flow, and chillers. It also undertakes electro-mechanical projects, including electrical; heating, ventilation, and air conditioning projects; and plumbing, firefighting, extra low voltage, and specialized activities. In addition, the company provides facilities maintenance and hard services, such as operations and maintenance contracts in various sectors, AMCs, retrofits and energy management, etc. Further, it engages in the provision of water treatment solutions for industrial, oil and gas, and sewage segments; sale and service of capital machinery for textile industry; sale of spares and accessories for textile equipment; and sale of mining and construction equipment. Additionally, the company offers operations and maintenance services for mining and construction industry; manufactures ducts and duct accessories; and undertakes engineering, procurement, and construction projects. It also engages in the drilling, irrigation, and landscaping activities; and construction of water treatment plants. Voltas Limited was incorporated in 1954 and is headquartered in Mumbai, India.

Corporate governance

Voltas Limited’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.