Page 115 - BCML AR 2019-20

BALRAMPUR CHINI MILLS LIMITED

(H in Lacs)
Sl. No. Particulars of Remuneration Name of MD/WTD/ Manager Total Amount
Shri Vivek Saraogi Dr. Arvind Krishna Saxena
2. Stock Option - - -
3. Sweat Equity - - -
4. Commission
- as % of profit - - -
- others, specify 360.00 - 360.00
5. Others, please specify - - -
Total (A) 607.63 28.93 636.56
Ceiling as per the Act 10% of the net profit, calculated as per Section 198 of the Companies
Act, 2013.

B. Remuneration to other directors:
(H in Lacs)
Particulars of Name of Directors Total
Remuneration Shri Sumit Late Shri D. K. Shri Shri S. P. Smt. Ms. Shri Amount
Mazumder (Shri) R. Mittal Krishnava Ghosh Novel S Veena Naresh
N. Das* Dutt Lavasa # Hingarh ^ Dayal
Independent Directors
Fee for attending board/ 3.00 4.20 4.60 2.80 8.00 0.40 1.00 - 24.00
committee meetings
Commission 21.00 - 21.00 14.00 14.00 - 8.20 - 78.20
Others, please specify - - - - - - - - -
Total (1) 24.00 4.20 25.60 16.80 22.00 0.40 9.20 - 102.20
Other non-Executive Directors
Fee for attending board/ - - - - - - - 3.00 3.00
committee meetings
Commission - - - - - - - 14.00 14.00
Others, please specify - - - - - - - - -
Total (2) - - - - - - - 17.00 17.00
Total (B)=(1+2) 24.00 4.20 25.60 16.80 22.00 0.40 9.20 17.00 119.20
Total Managerial 755.76
Remuneration [(A) + (B)]
Overall Ceiling as per the 11% of the net profit, calculated as per Section 198 of the Companies Act, 2013.
Act
Commission relates to the financial year 2019-2020 and shall be paid after the 44th Annual General Meeting. Commission and Sitting Fees
are net off GST.
* Ceased from directorship of the Company consequent to his sad demise on 3rd December, 2019.
# Resigned with effect from 31st May, 2019 (closure of business hours).
^ Appointed with effect from 31st August, 2019.

Annual Report 2019-20 | 113