Scheduleforming part of the Balance Sheet - Domain-b

Annual Report 2007-2008
Board of Directors:
Names Category Remuneration paid No. of outside No. of outside No. of Board Attendance
Rs. Directorships Committee Meetings at the last
Positions Held attended Annual
General
Meeting held
on 03.08.2007
Salary & Perks Sitting Fees Commission Indian Foreign as as
2007-2008 2007-2008 2006–2007 Member Chairman
Mr. R. N. Tata Promoter - 1,30,000 53,50,000 13 9 - - 8 Yes
(Chairman) Non-Executive
Mr. R.K. Krishna Kumar Promoter - 1,85,000 51,75,000 11 5 1 1 10 Yes
(Vice Chairman) Non-Executive
# Dr. J. J. Bhabha Promoter - 10,000 17,75,000 - - - - 1 -
Non-Executive
Mr. N. A. Soonawala Promoter - 1,85,000 31,00,000 5 - - 2 10 Yes
Non-Executive
Mr. S.K. Kandhari Non-Executive - 2,10,000 57,50,000 - 1 - - 9 Yes
Independent
Mr. K. B. Dadiseth Non-Executive - 80,000 12,50,000 6 1 2 1 5 Yes
Independent
Mr. Deepak Parekh Non-Executive - 1,10,000 15,25,000 15 - 1 5 4 Yes
Independent
Mr. Jagdish Capoor Non-Executive - 2,30,000 33,00,000 6 - 2 2 9 Yes
Independent
Mr. Shapoor Mistry Non-Executive - 1,30,000 15,25,000 12 - 4 - 8 Yes
Independent
@
Mr. Tejendra Khanna Non-Executive - 10,000 12,50,000 - - - - 1 -
Independent
Mr. Raymond N. Bickson Executive 324,79,018/- - 130,00,000 9 7 3 3 7 Yes
** Mr. Anil P. Goel Executive - 7 12 4 - - -
** Mr. Abhijit Mukerji Executive - 1 - 1 - - -
# Passed away on May 30, 2007. @ Resigned effective April 2, 2007 ** Appointed with effect from March 17, 2008
NOTE: Traditionally, the Directors are paid commission each year, after the Annual Accounts are approved by the Members at the Annual General Meeting of the Company.
A sum of Rs. 4.00 Crores has been provided as commission to Non Executive Directors for the year 2007-08. An amount of Rs. 1.50 Crores is proposed to be paid as commission
to the Managing Director. Payment of commission to the Directors – both Managing and Non- Executive Directors will be made after the accounts are approved at the Annual
General Meeting.
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