Atul Ltd 2019-20

Corporate Overview Statutory Reports Financial Statements 62 Atul Ltd | Annual Report 2019-20 01-21 22-91 92-228 2.5 Attendance at the Board meetings and the AGM No. Name Board Meetings AGM on July 31, 2019 Total Attended 01. S S Lalbhai 5 5 Present 02. R A Shah 5 5 - 03. B S Mehta 5 5 - 04. S A Lalbhai 5 4 Present 05. S M Datta 5 5 - 06. B N Mohanan 5 5 Present 07. V S Rangan 5 4 - 08. M M Chitale 5 5 - 09. T R Gopi Kannan 5 5 Present 10. S A Panse 5 4 - 11. B R Arora 5 4 Present 2.6 Appointment | Cessation 2.6.1 Appointed: i) Mr T R Gopi Kannan was reappointed as a Whole-time Director effective October 17, 2019 ii) Mr M M Chitale was reappointed as an Independent Director effective October 17, 2019 iii) Mr B N Mohanan was reappointed as a Whole-time Director effective January 01, 2020 iv) Ms S A Panse was reappointed as an Independent Director effective March 27, 2020 v) Mr B R Arora was reappointed as an Independent Director effective April 01, 2020 2.6.2 Ceased: nil 2.6.3 Resigned: nil 2.7 Remuneration No. Name Remuneration during the year ( ` ) Sitting fees Salary and perquisites Commission Total Chairman and Managing Director 01. S S Lalbhai - 3,90,25,214 8,13,97,000 12,04,22,214 Managing Director 02. S A Lalbhai - 1,16,42,071 1,52,32,920 2,68,74,991 Whole-time Directors 03. B N Mohanan - 1,53,44,885 1 - 1,53,44,885 04. T R Gopi Kannan - 2,11,14,360 2 - 2,11,14,360 Non-executive Directors 05. R A Shah 2,45,000 - 9,75,000 12,20,000 06. B S Mehta 3,50,000 - 16,00,000 19,50,000 07. S M Datta 2,10,000 - 12,00,000 14,10,000 08. V S Rangan 2,10,000 - 9,34,000 11,44,000 09. M M Chitale 3,50,000 - 15,00,000 18,50,000 10. S A Panse 1,75,000 - 11,00,000 12,75,000 11. B R Arora 3,35,000 - 18,00,000 21,35,000 1 Includes variable pay ` 25,25,000 2 Includes variable pay ` 56,41,000 Sitting fees of up to ` 35,000 per meeting constitute fees paid to the Non-executive Directors for attending Board, Committee and other meetings.