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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 />

135

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