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4.6.2 Remuneration to the other Directors
(
`
)
No. Particulars
R A Shah S S Baijal B S Mehta H S Shah S M Datta V S Rangan M M Chitale S A Panse B R Arora Total amount
01. Non-executive
Independent
Directors
a) Fee for
attending the
Board, the
Committee
and other
meetings
– 2,80,000
–
95,000 1,40,000 2,00,000 1,20,000 1,20,000 1,20,000 10,75,000
b) Commission
– 13,60,000
– 5,17,000 7,20,000 11,20,000 8,00,000 8,00,000 8,00,000 61,17,000
Total 1
– 16,40,000
– 6,12,000 8,60,000 13,20,000 9,20,000 9,20,000 9,20,000 71,92,000
02. Non-executive
Non-independent
Directors
a) Fee for
attending
the Board,
Committee
and other
meetings
1,80,000
– 2,40,000
–
–
–
–
–
–
4,20,000
b) Commission 7,80,000
– 9,60,000
–
–
–
–
–
– 17,40,000
Total 2
9,60,000
– 12,00,000
–
–
–
–
–
– 21,60,000
Total B = (1+2)
9,60,000 16,40,000 12,00,000 6,12,000 8,60,000 13,20,000 9,20,000 9,20,000 9,20,000 93,52,000
Total managerial
remuneration
(A+B)
12,90,56,489
Overall ceiling as
per the Act
46,17,87,700
4.6.3 Remuneration to the Key Managerial Personnel other than the Managing Director | the Manager | the Whole-time Director
(
`
)
No. Particulars
Key Managerial
Personnel
CS
L P Patni
01. Gross salary
Salary as per provisions contained under
Section 17(1) of the Income-tax Act, 1961
50,47,480
Value of perquisites under Section 17(2)
of the Income-tax Act, 1961
4,92,544
Profits in lieu of salary under Section 17(3)
of the Income-tax Act, 1961
–
02. Stock option
–
03. Sweat Equity
–
04. Commission
–
05. Others
–
Total
55,40,024
4.7 Penalties | Punishment | Compounding of offences
There were no penalties | punishment | compounding of offences for the year ending March 31, 2017.