 

S.No. Terms of Remuneration Details
reimbursed by our Company, as per the rules of the
Company;

8. Company contribution to provident fund not
exceeding 12.00% of the salary superannuation
fund, annuity fund, if any;

9. Gratuity payable at a rate not exceeding half a
month’s salary for each completed year of service:
and

10. Encashment of leave at the end of the tenure.

 

Ravi Gauthamram

Ravi Gauthamram has been appointed as our Whole-time Director for a period of five consecutive years
commencing from October 1, 2016 to September 30, 2021 pursuant to the meeting of our Board of
Directors held on August 25, 2016 and the meeting of our Shareholders held on April 30, 2018. He is
entitled to an annual remuneration of = 4.80 million (excluding perquisites), the terms of which are set
out below:

 

S.No. ‘Terms of Remuneration Details

L Basic Salary Fixed salary of % 400,000 per month in the scale on
300,000 to % 600,000. The increments within the scale
would be decided by the Board.

2. Commission Nil

3. Perquisites 1, Leave travel allowance for self, spouse and
dependent children up to 12.00% of the salary;

2. Reimbursement of medical expenses for self,
spouse, dependent children subject to a cap of one
month’s salary. The group mediclaim policy
premium to be borne/reimbursed within this limit;

3. The Company shall provide suitable vehicle to the
executive director for his official use. The vehicle
running expenses like fuel, maintenance, driver’s
salary would be borne/reimbursed by our Company;

4. The Company shall provide a mobile phone and
shall also provide telephone, internet connectivity
and other communication facilities at his residence.
All the expenses incurred therefore shall be paid or
reimbursed by our Company, as per the rules of our
Company; and

5. Any other allowances, benefits or perquisites as per
the rules of our Company applicable to senior
executives and as may be approved by the board
from time to time;

6. Company contribution to provident fund not
exceeding 12.00% of the salary, superannuation
fund, annuity fund, if any;

7. Gratuity payable at the rate not exceeding half a
month’s salary for each completed year of service;
and

8. Encashment of leave at the end of the tenure.

 

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