in a Dynamic Environment - Domain-b

(ix)Group Health Insurance as separate actuarial valuation/premium paid are not available for theManaging Director and Executive Directors.The Company does not have any Employee Stock Option Scheme.Services of the Managing Director and Executive Directors may be terminated by either party givingthe other party six months’ notice or the Company paying six months’ salary in lieu thereof. There isno separate provision for payment of severance fees.Details of Shares of the Company held by the Directors as on March 31, 2009 are as below:NameNumber of SharesMr. R. N. Tata 761,628Mr. S. Ramadorai 99,560Mr. S. Mahalingam 80,840Mr. N. Chandrasekaran 44,264Mr. Phiroz Vandrevala 50,304The Company has not issued any convertible debentures.V. Shareholders/Investors Grievance Committee(i) The Company has constituted a Shareholders/Investors Grievance Committee of Directors to look into theredressal of complaints of investors such as transfer or credit of shares, non-receipt of dividend/notices/annual reports, etc.(ii) Mr. V. Thyagarajan has been appointed as a Member of the Committee w.e.f. March 9, 2009.(iii) One meeting of the Shareholders/Investors Grievance Committee was held during the year onMarch 9, 2009.(iv) The composition of the Shareholders/Investors Grievance Committee and the details of meetings attendedby its members are given below:NameCategoryNumber of Meetings duringthe year 2008-09Held AttendedMrs. Laura M. Cha Independent, Non-Executive 1 -ChairpersonMr. S. Ramadorai Non-Independent, Executive 1 1Cheif Executive Officer &Managing DirectorMr. V. Thyagarajan Independent, Non-Executive 1 1(v)(vi)The Company has always valued its customer relationships. This philosophy has been extended to investorrelationship and an Investor Relations Department (IRD) was set up in June 2004, prior to the Company’sInitial Public Offer of shares. The IRD focuses on servicing the needs of investors, analysts, brokers and thegeneral public.Name, designation and address of Compliance Officer:Mr. Suprakash MukhopadhyayVice President and Company SecretaryTata Consultancy Services Limited11 th Floor, Air India BuildingNariman PointMumbai 400 021Tel: 022 6778 9285Fax: 022 6630 367291