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Table 4: Religious and Caste composition of the Board of Directors of the Top Ten Corporate Companies in Punjab

Name of Company









Ranbaxy, Mohali
JCT, Hoshiarpur
Hero Cycles,
Ludhiana
Mahavir Spg, Ludhiana
Jagatjit, Kapurthala
Oswal Agro, Ludhiana
Vardhman, Ludhiana
JCT, Mohali
Malwa Cotton, Ludhiana
JCT Fibres, Hoshiarpur
 
Total
Total Strength of the Board of Directors
 
 
 
 
 
 
 
9
 
9
 
9
 
 
9
 
 
9
 
9
 
 
9
 
9
 
9
 
 
 
 
 
80
 Sikhs
 
 
 
 
 
 
 
 
 
 
 
2
 
1
 
-
 
 
1
 
 
2
 
-
 
 
-
 
1
 
-
 
 
-
 
 
 
7
 Hindus
 
 
 
 
 
 
 
 
 
 
 
7
 
8
 
8
 
 
7
 
 
6
 
6
 
 
8
 
8
 
9
 
 
3
 
 
 
70
Others
 
 
 
 
 
 
 
 
 
 
 
-
 
-
 
1
 
 
1
 
 
-
 
-
 
 
1
 
-
 
-
 
 
-
 
 
 
3
Members of the Board belonging to same subcaste as of chairman (inc chairman)
 
 
1
 
3
 
7
 
 
1
 
 
3
 
1
 
 
2
 
2
 
4
 
 
2
 
 
 
26 
 Khatris
(Hindu)
 
 
 
 
 
 
 
 
 
 
3
 
5
 
-
 
 
2
 
 
1
 
1
 
 
-
 
3
 
1
 
 
2
 
 
 
18
 Aroras
(Hindu)
 
 
 
 
 
 
 
 
 
 
-
 
1
 
7
 
 
1
 
 
1
 
-
 
 
-
 
-
 
-
 
 
-
 
 
 
10
Baniyas
 
 
 
 
 
 
 
 
 
 
 
-
 
-
 
-
 
 
1
 
 
3
 
2
 
 
4
 
1
 
6
 
 
-
 
 
 
17
 Others
 
 
 
 
 
 
 
 
 
 
 
6
 
3
 
2
 
 
5
 
 
3
 
3
 
 
5
 
5
 
2
 
 
1
 
 
 
35

 Source: Centre for Monitoring Indian Economy, 1995, in Singh, 2000, p154