Page 178 - Demo

C. Remuneration to Key Managerial Personnel other than MD/Manager/WTD:
Sr. no.
Particulars of Remuneration
1. Gross Salary
(a) Salary as per provisions contained in section 17(1) of the Income-tax Act, 1961
(b) Value of perquisites u/s 17(2) of the Income-tax Act, 1961
(c) profits in lieu of salary u/s 17(3) of the Income- Tax Act, 1961
2. Stock option (nos.)*
3. Sweatequity
4. Commission
- As % of profit - other, specify
total
Ms. Upma Goel (Chief Financial officer)
9,110,335
156,986
-
9,110,335
Mr. Chanchal Kumar (Company Secretary)
4,535,739
82,974
-
4,535,739
(`)
13,646,074
239,960
-
13,646,074
Total Amount
*Ms. upma Goel, Chief Financial officer of the Bank was granted 156,986 stock options under eSop 2019 during the year at an exercise price of `35 per stock option.
*Mr. Chanchal Kumar, Company Secretary and Compliance officer of the Bank was granted 82,974 stock options under eSop 2019 during the year at an exercise price of `35 per stock option.
VII. PENALTIES / PUNISHMENT / COMPOUNDING OF OFFENCES:
there were no penalties, punishment or compounding of offences during the financial year ended March 31, 2020.
For and on behalf of the Board of Directors
Sd/-
Biswamohan Mahapatra
Part-time Chairman and Independent Director DIN: 06990345
Date: May 19, 2020 Place: Bengaluru
Sd/-
nitin chugh
Managing Director and CEO DIn: 01884659
176 | AnnuAl RepoRt 2019-20