Co-Promoter and Managing Director

14 hours ago


Delhi, Delhi, India I. V. Communications Ltd. Full time ₹ 15,00,000 - ₹ 25,00,000 per year
Business Proposals and Jobs

Excellent job opportunities for growth for the candidates who wish to work in a professional environment. The company has high ethical standards and only wish to associate the candidates in their business, who believes in Honesty, Hard-work, Dedication, Self- Advancement based on merit and believe in contributing to the growth of the company. The salary and remunerations for all the positions will be commensurate with achievement and experience and generally will be comparable to best in the industry.

Co-Promoter and Managing Director

Co-Promoter required for a 30 years old Public Limited Company engaged in the business of System Engineering, Design, Installation and Commissioning of Electronic Systems including Security Electronic Systems. The company has an equity of Rs. 2 crore and total investment in the company is Rs. 4.5 Crore. The company is profitable and has no outside liabilities except limited Bank finance up to Rs. 30 lacs against company stocks. Though there are around 250 Shareholders who have invested into the company, but funding an equity and other investments has been primarily from the current promoter in the region of lacs. The company has fully up-to-date compliances on all company law matters, Income Tax, GST. etc and has currently no outstandings of any significant value. The company is guided by maintaining high ethical standards in business dealings and has never defaulted with any stakeholders in the business with the company. CO-PROMOTER IS REQUIRED DUE TO ADVANCING AGE OF THE CURRENT PROMOTER and will be expected to perform the following responsibilities being currently performed by the Current Promoter. 1) Develop Strategic Objectives and Direction and carrying the weight of the company on his shoulder- The Co-promoter will be responsible for devising new strategic plans and policies to further the growth of the company. Will be responsible for formulating and implementing plans for revenue growth and profits. 2) The co-promoter will drive and help the company to achieve new targets an shape the key performance indicators with a view to take the company forward for stock listing in the exchanges. Co-promoter should be willing to make an investment in the company amounting to at least in the region of Rs lacs in equity stake and should have capability to occupy a Board position immediately as an Executive Director. He would be expected to take over the functions of Managing Director at the earliest. The Co-Promoter should be either an Engineering Graduate or an MBA with at least 8 years of successful performance experience in the Industry. He will get a ready established platform and infrastructure and should have the ability to lead the existing team and take the company forward. The Co-Promoter is expected to have High ethical and Moral standards, desire to put hard work and be ambitious for growing the business. The current promoter is himself an Electronics Engineer graduate from a most reputed Indian University and has a wide experience in almost all areas of Electronics business and has been working generally Chairman/Managing Director of large Public Limited Companies in the country for more than 30 years. He will continue to be associated and provide necessary guidance, help and support for meeting these objectives. However Managing Director will have independent responsibility for providing and arranging further finances for the growth of the company and as a Young Entrepreneur will have full freedom and independence to shape the business according to his dreams to make it a leading Electronics Company in the Country.


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