From FY12, Annual Report we find that Shantanu Rooj, gets the 3rd highest salary in the company to the tune of Rs.34.77 Lakhs [After Mr. Annand Sarnaaik (Rs.54.50 lakhs) and Mrs. Divvyani A. Sarnaaik (Rs.43.54 lakhs)].
There are reports in the media that Shantanu Rooj is a long-term associate of Glodyne Technoserve's Chairman Annand Sarnaaik, right from its inception days as Paradyne Infotech, and Rooj is also an entrepreneur in his own might, having started the education company Broadllyne, which later Glodyne acquired.
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Meanwhile, among many other brokerage houses who were aggressively giving a BUY on the scrip, the Firstcall Research in its in its April 19, 2012 research report gave a buy with a price target of Rs.438. While, Unicon Investment Ltd gave a buy call on its its March 30, 2012 research report for a price target of Rs.440.