GAMMON INDIA LIMITED

Mr. Himanshu Parikh
Pursuant to a shareholders‘ resolution dated September 25, 2008, Himanshu Parikh was appointed as an executive
Director for a period of five years w.e.f May 1, 2008. The remuneration payable to Mr. Parikh is in the scale of Rs.
300,000 per month to Rs. 1,000,000 per month with authority to the Board to fix the salary within the scale from
time to time. The increment within the scale will be merit based and take into account the Company‘s performance.
In addition, he is entitled to an amount by way of commission, payable annually in addition to the salary calculated
with reference to the net profits of the Company in a particular financial year at the absolute discretion of and as
may be determined by the Board at the end of each financial year.
Further, he is also entitled to perquisites like furnished / unfurnished accommodation or house rent allowance, gas,
electricity, water, medical re-imbursement and leave travel concession for self and family, club fees, personal
accident insurance and other benefits in accordance with the rules of the Company.
Mr. Rajul Bhansali
Pursuant to a shareholders‘ resolution dated October 14, 2009, Rajul Bhansali was re-appointed as a whole-time
Director designated as Executive Director-International Operations for a period of three years w.e.f March 30, 2009.
The remuneration of Mr. Bhansali is in the scale of Rs. 200,000 per month to Rs. 1,000,000 per month with
authority to the Board to fix the salary within the scale from time to time. The increment within the scale will be
merit based and take into account the Company‘s performance. In addition, he is entitled to an amount by way of
commission, payable annually in addition to the salary calculated with reference to the net profits of the Company in
a particular financial year at the absolute discretion of and as may be determined by the Board at the end of each
financial year.
Further, he is also entitled to perquisites like furnished / unfurnished accommodation or house rent allowance, gas,
electricity, water, medical re-imbursement and leave travel concession for self and family, club fees, personal
accident insurance and other benefits in accordance with the rules of the Company.
Mr. Digambar Bagde
Pursuant to a shareholders‘ resolution dated October 14, 2009, Digambar Bagde was appointed as a whole-time
Director designated as executive Director and CEO (T&D) business for a period of three years w.e.f July 9, 2009.
The remuneration of Mr. Bagde is in the scale of Rs. 300,000 per month to Rs. 1,000,000 per month with authority
to the Board to fix the salary within the scale from time to time. The increment within the scale will be merit based
and take into account the Company‘s performance. In addition, he is entitled to an amount by way of commission,
payable annually in addition to the salary calculated with reference to the net profits of the Company in a particular
financial year at the absolute discretion of and as may be determined by the Board at the end of each financial year.
Further, he is also entitled to perquisites like furnished / unfurnished accommodation or house rent allowance, gas,
electricity, water, medical re-imbursement and leave travel concession for self and family, club fees, personal
accident insurance and other benefits in accordance with the rules of the Company.
Remuneration of Executive Directors of the Company
The following table sets forth all compensation paid to the Executive Directors for the fiscal year ended March 31,
2009.
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