Page 12 - 2 Director Reports (Annexure) 2021.cdr

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ANNEXURE 'F'
B. Remuneration to other Directors: CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND
`
( in Lakhs)
S. Particulars of Name of Directors Total FOREIGN EXCHANGE EARNINGS AND OUTGO
No. Remuneration Amount [Information under Section 134 of the Companies Act, 2013 read with Rule 8 of the Companies (Accounts) Rules, 2014 and
st
1. Independent Mr. Manoj Mr. Mr. B. R. Mr. P. K. Dr. Savita forming part of Directors' Report for the year ended 31 March, 2021]
Directors Joshi Sukhcharan Wadhwa Dutt A. CONSERVATION OF ENERGY • Evaluating alternate method for distillation
Singh of solvents with membrane technology it will
1) Energy Conservation measures taken
• Fee for attending reduce energy consumption, carbon
• Installed energy efficient power
board committee footprint and Sulphur emission.
transformers as per IS1180 in place of
meetings 3.35 2.50 2.95 1.75 1.50 10.05 • Evaluating to install complete automation in
IS2026 Bureau of Indian Standards. The
• Commission - - - - production facility will reduce heat losses
losses from power transformer have been
• Others, please specify - - - - and optimize the process.
reduced by 55 %.
Total (1) 3.35 2.50 2.95 1.75 1.50 10.05
• Replacement of older DG sets with high • Evaluating to install energy efficient MVR
2. Other Non-Executive Mrs. based evaporator in place of conventional
efficiency DG set with latest fuel injection
Directors Anju Suri* Multiple effect evaporator. It will reduce
system resulted in 4% less fuel for power
• Fee for attending boiler fuel consumption/carbon footprint
generation.
board committee and sulphur emission.
meetings - - - - • Started the step wise Replacement of IE2 4) Capital investment on energy conservation
motors with IE3 motors.
• Commission - - - - equipment:
• Others, please specify - - - - • Feed water temperature of boiler increased
Total (2) - - - - by 6 degrees Celsius resulting in 1% lower The Capital investment on energy conservation
equipment made during the year is at
Total (B)=(1+2) 3.35 2.50 2.95 1.75 1.50 12.05 fuel consumption in the boiler.
Rs. 250.00 Lakhs.
Total Managerial • Hot water generation system installed with
Remuneration (A + B) 939.26 recovery of condensate water and direct B. TECHNOLOGY ABSORPTION (R&D)
Overall Ceiling as per steam injection in the tanks is replaced with 1) Efforts made towards technology
the Act 1,120.04 the above system. absorption:
* Mrs. Anju Suri being a Non-Executive Non-Independent Director of the Company, has not paid any • Automation has been incorporated in the The company strives to carry out latest process
remuneration.
some of the utilities and plant equipments. available for the manufacture of its APIs and
C. Remuneration to Key Managerial Personnel other than MD/Manager/WTD: (` in Lakhs)
• Conversions of Solvent recovery plant Formulations product portfolio. It invests on
S. Particulars of Remuneration Key Managerial Personnel Total Amount Research and Development (R&D) fields so as to
No. distillation kettle from natural connection to
Mr. Ajay Kumar Sharma Mr. Vipul Kumar forced convection resulted in better heat be quality player in its areas of operations both
(Chief Financial Officer) Srivastava transfer coefficient. for regulated and unregulated markets. The
(Company Secretary) efforts and capital put in R&D activities have
1. Gross salary • Replacement of Worm reduction gearboxes helped the company for the development of
a) Salary as per provisions with Helical Gearboxes. robust and safe processes, availability of
contained in Section 17(1) of 2) Impact of measures taken: formulations at affordable cost, development of
the Income-tax Act, 1961 98.02 18.44 116.46 economic processes for synthesis of new APIs
b) Value of perquisites under • Reduction in power consumption by 5%/kg and improving processes for existing APIs and
Section 17(2) Income-tax Act, of productivity.
1961 - - - formulation products. The key areas and efforts
c) Prots in lieu of salary under • Reduction in fuel consumption by 4%/kg of made towards development/improvements of
Section 17(3) Income-tax Act, productivity. technologies of various APIs are as under:
1961 - - - • Reduction in our overall energy bill, power & • For the scaling up of technology for anti-
2. Stock Option - - - fuel by around 4%/kg of productivity. diabetics, Sitagliptin Phosphate Anhydrous,
3. Sweat Equity - - -
4. Commission • Reduction in solvent consumption by around its EDMF & USDMF were filed.
- as % of prot 3%. • In respect of scaling up of technology for
- others, specify - - - • Reduction in time cycle by around 14%. anti-diabetics, Saxagliptin HCl Dihydrate, its
5. Others, please specify - - - EDMF & USDMF were filed.
Total 98.02 18.44 116.46 3) Steps taken for utilizing alternate source of
energy: • The CEP was granted by EDQM for anti-
VII. PENALTIES / PUNISHMENT/ COMPOUNDING OF OFFENCES d i a b e t i c s , S i t a g l i p t i n P h o s p h a t e
There were no penalties/punishment/compounding of offences during the year ended March 31, 2021. • Started installing Solar streetlights.
Monohydrate.
For and on behalf of Board of Directors • Evaluating running of boiler from solvents
• The DMF was filed & DMF number was
recovered from our Waste effluent by
Sushil Suri stripping process. granted in China for anti-diabetics,
Place: New Delhi (Chairman & Managing Director) Empagliflozin.
th
Date: 27 July, 2021 DIN: 00012028