which any of our Key Managerial Personnel were selected as members of our management.
Interest of Key Managerial Personnel

Other than as disclosed in “~ Interest of our Directors” in relation to Mr. Ravi B. Goyal and the Equity Shares
held by Mr. V.C. Gupte, Mr. Shailesh S. Shetty, Mr. George Trelawney, Mr. P K Rajnarayan, Mr. Sunil Khosla,
Mr. Nikesh Samaiya and Mr. Sudheer Parappurath, and any dividend payable in relation thereof and other
benefits arising out of such shareholding, the Key Managerial Personnel of our Company do not have any
interest in our Company, other than to the extent of stock options held, the remuneration/consultancy fee or
benefits to which they are entitled in accordance with the terms of their appointment or reimbursement of
expenses incurred by them during the ordinary course of business. The Key Managerial Personnel may also be
deemed to be interested to the extent of (i) their directorship on the board of directors and/or their shareholding
in our Subsidiaries and (ii) Equity Shares and stock options, if any, held by their relatives and any dividend and
other benefit arising out of such shareholding.

None of our Key Managerial Personnel have been paid any consideration of any nature by our Company other
than remuneration in the ordinary course of their employment. There is no deferred or contingent compensation
payable to any of our Key Managerial Personnel.

Changes in the Key Managerial Personnel during the Last Three Years

 

 

 

 

 

 

 

 

Name Date of Change Reason for Change
Capt. Partha Samai August 2, 2021 Resignation as group head — human resources
Mahesh Patel June 21, 2021 Resignation as president — technology department
Prasad Desai December 31, 2019 Resignation as senior vice president — corporate and
banking sales department

 

Payment or Benefit to Key Managerial Personnel

No amount or benefit has been paid or given within the preceding two years or is intended to be paid or given to
any officers of our Company, including any of our Directors or Key Managerial Personnel, other than normal
remuneration (including sitting fees and commissions) for services rendered as officers of our Company and
other than as disclosed in “Our Promoters and Promoter Group”, “Financial Statements” and “Other Financial
Information - Related Party Transactions”, on pages 210, 217 and 313, respectively.

Employee Stock Option/Purchase Schemes

For details on the ESOP Schemes, see “Capital Structure — Employee Stock Option Schemes” on page 92.

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