Good Health Can’t Wait.

Statutory Reports • Board’s Report
Annual Report 2014 - 15
VI. REMUNERATION OF DIRECTORS AND KEY MANAGERIAL PERSONNEL
A) Remuneration of Managing Director, Whole-time Director and/or Manager
SL.
PARTICULARS OF REMUNERATION
NO.
1 Gross Salary
(a) Salary as per provisions contained in Section 17(1) of the Income-tax
Act, 1961
NAME OF MD/WTD/MANAGER
SATISH REDDY
G V PRASAD
(` MILLION)
TOTAL
AMOUNT
6.36 6.36 12.72
(b) Value of perquisites under Section 17(2) Income-tax Act, 1961 0.66 0.66 1.32
(c) Profits in lieu of salary under Section 17(3) Income-tax Act, 1961 - - -
2 Stock Option - - -
3 Sweat Equity - - -
4 Commission
- as a % of profit 85.00 120.00 205.00
- others - - -
5 Others, please specify
- Company provided Car 4.08 1.82 5.90
- Company’s contribution to PF 0.50 0.50 1.00
Total (A) 96.60 129.34 225.94
Ceiling as per the Act
` 2092.1 million (being 10% of the net profits of the Company
calculated as per Section 198 of the Companies Act, 2013)
B) Remuneration of other directors
SL.
NO.
PARTICULARS OF
REMUNERATION
DR. OMKAR
GOSWAMI
RAVI
BHOOTHALINGAM
KALPANA
MORPARIA
NAME OF DIRECTORS
DR. ASHOK
S GANGULY
SRIDAR
IYENGAR
DR. BRUCE
L A CARTER
DR. J P
MOREAU
ANUPAM
PURI
(` MILLION)
TOTAL
AMOUNT
1 Independent
Directors
- Fee for attending
Board and
Committee
- - - - - - - - -
meetings
- Commission 9.37 9.99 10.30 9.37 10.37 10.06 9.74 10.90 80.10
- Others, please
specify
- - - - - - - - -
Total (1) 9.37 9.99 10.30 9.37 10.37 10.06 9.74 10.90 80.10
2 Other Non-
Executive
Directors
- Fee for attending
Board and
Committee
- - - - - - - - -
meetings
- Commission - - - - - - - - -
- Others, please
specify
- - - - - - - - -
Total (2) - - - - - - - - -
Total (B)=(1+2) 9.37 9.99 10.30 9.37 10.37 10.06 9.74 10.90 80.10
Overall Ceiling as
per Act
` 209.21 million (being 1% of the net profits of the Company calculated as per Section 198 of the Companies Act, 2013)
Total Managerial Remuneration* (Total of A and B) 306.04
* Total remuneration to Managing/Whole-time Directors and other Directors.
107