43 / 220
41
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,
Committee
and other
meetings
– 4,20,000
– 1,50,000 3,15,000 2,80,000 1,40,000 2,10,000 2,10,000 17,25,000
b) Commission
– 13,60,000
– 4,80,000 9,60,000 8,71,000 8,00,000 8,00,000 8,00,000 60,71,000
Total 1
– 17,80,000
– 6,30,000 12,75,000 11,51,000 9,40,000 10,10,000 10,10,000 77,96,000
02. Non-executive
Non-independent
Directors
a) Fee for
attending
the Board,
Committee
and other
meetings
2,80,000
– 4,20,000
–
–
–
–
–
–
7,00,000
b) Commission 7,80,000
– 9,60,000
–
–
–
–
–
– 17,40,000
Total 2
10,60,000
– 13,80,000
–
–
–
–
–
– 24,40,000
Total (B) = (1+2) 10,60,000 17,80,000 13,80,000 6,30,000 12,75,000 11,51,000 9,40,000 10,10,000 10,10,000 1,02,36,000
Total managerial
remuneration
(A+B)
12,83,03,118
Overall ceiling as
per the Act
45,88,10,000
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
49,37,226
Value of perquisites under Section 17(2)
of the Income Tax Act, 1961
7,33,563
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
56,70,789
4.7 Penalties | Punishment | Compounding of offences
There were no penalties | punishment | compounding of offences for the year ending March 31, 2018.