Contingent and deferred compensation payable to Managing Director and Whole-time Director

There is
Director.

no contingent or deferred compensation payable for Fiscal 2020 to Managing Director and Whole-time

Payment or benefit to Directors of our Company

The remuneration and sitting fees paid or payable to our Directors for Fiscal 2020 are set out below:

1.

Compensation to our Managing Director and Whole-time Director

Following is the remuneration paid or payable to our Managing Director and Whole-time Director for
Fiscal 2020:

 

S.No Name of Director Amount (in @ million)
1. Srinivasan Ravi 47.28
2 Ravi Gauthamram 5.30
3. Chandramohan Natarajan* 4.94
Total 57.52

 

* Chandramohan Natarajan ceased to be a Whole-time Director with effect from June 30, 2020 due to the expiration
of his term as a Whole-time Director. Further, he has resigned as a Director with effect from July 10, 2020.

Compensation paid to our Non-Executive Directors

Pursuant to the resolution passed by our Board of Directors on December 9, 2020, our non-executive
Directors are entitled to receive a sitting fee of = 50,000 for attending each meeting of our Board and 2
35,000 for attending each meeting of the Audit Committee, Nomination and Remuneration Committee,
Corporate Social Responsibility Committee and Stakeholders Relationship Committee with effect from
December 9, 2020.

Details of the sitting fees paid or payable by our Company to the non-executive Directors for Fiscal 2020
are as follows:

 

S.No Name of Director ‘Amount (in @ million)
1. Chandrashekhar Madhukar Bhide 0.57

2 Kallakurichi Kanniah Balu* 0.39

3. Udai Dhawan 0.46

4. Sundararaman Kalyanaraman 0.50

5 Vijaya Sampath 0.36
Total 2.26

 

* Ceased to be director with effect from May 23, 2020.
Commission payable to our Non-Executive Directors

Pursuant to the resolutions passed by our Board of Directors on March 30, 2018 and by our Shareholders
on April 30, 2018, our non-executive Directors are entitled to receive commission of = 150,000 per
calendar quarter, subject to the overall ceiling of 1.00% p.a. of net profit of the Company during any
financial year.

Details of the commission paid or payable by our Company to our non-executive Directors for Fiscal
2020 are as follows:

 

S.No Name of Director Amount (in % million)
1. Chandrashekhar Madhukar Bhide 0.60
2 Kallakurichi Kanniah Balu* 0.60
3. Udai Dhawan 0.60
4, Sundararaman Kalyanaraman 0.60
5 Vijaya Sampath 0.60
Total 3.00

 

* Ceased to be a director with effect from May 23, 2020.

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