APR Constructions Limited - Saffron Capital
APR Constructions Limited - Saffron Capital
APR Constructions Limited - Saffron Capital
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Employees<br />
As on February 28, 2011 our Company has provided direct employment 79 people. For more details about our<br />
employees please refer to section titled “Our Business” beginning on page 94 of this Draft Red Herring Prospectus.<br />
Interest of Key Management Personnel<br />
The key management personnel do not have any interest in our Company other than to the extent of the remuneration<br />
paid or benefits received by them to which they are entitled as per their terms of appointment and reimbursement of<br />
expenses incurred by them during the ordinary course of business.<br />
Changes in the Key Management Personnel<br />
The following are the changes in the key management personnel of our company in the last three years preceeding the<br />
date of filing of this Draft Red Herring Prospectus<br />
Sr. Name<br />
Date of Appointment Designation<br />
Reason<br />
No.<br />
/ Cessation<br />
1. Mr. S. Venkata Kumar March 6, 2009 Business Head (Roads & Railways) Appointment<br />
2. Mr. T. V. Subrahmanya January 01, 2010 General Manager (Commercial) Appointment<br />
Sarma<br />
3. Mr. A. Viswanadha January 01, 2010 Manager (Legal & Liasioning) Appointment<br />
Sarma<br />
4. Ms. Loya Padma Agarwal April 12, 2010 /<br />
November 30, 2010<br />
Company Secretary<br />
Appointment/<br />
Resignation<br />
5. Mr. Prakash Reddy<br />
Pentareddy<br />
December 01, 2010 Company Secretary Appointment<br />
Employee Stock Option Scheme/ Employee Stock Purchase Scheme<br />
As of the date of filing of this Draft Red Herring Prospectus, our Company does not have any Employee Stock Option<br />
or Purchase Scheme.<br />
Loans taken by Directors / Key Management Personnel<br />
Our Directors and key management personnel have not taken any loan from our Company. Further, none of the<br />
beneficiaries of loans and advances and sundry debtors are related to the Directors of our Company.<br />
Arrangement and / or Understanding with Major Shareholders<br />
None of our Key Management Personnel or Directors have been appointed pursuant to any arrangement and / or<br />
understanding with our major shareholders, customers, suppliers or others.<br />
Payment of Benefit to Officers of our Company (non-salary related)<br />
Except the statutory payments made by our Company, in the last two years, our Company has not paid any non-salary<br />
amount or benefit to any of its employees.<br />
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