Page 86 - Kolte Patil AR 2019-20

VI. REMUNERATION OF DIRECTORS AND KEY MANAGERIAL PERSONNEL
A. Remuneration to Chairman and Managing Director, Whole-time Directors and/or Manager:
Particulars of Remuneration
Name of MD/WTD/ Manager
(C in Lakhs) Total Amount
Total (A)
Overall ceiling as per the Act
*Amount less than C1 Lakhs
B. Remuneration to other directors:
Particulars of Remuneration
1. Independent Directors Fee for attending
board / committee meetings Commission Other
Name of Directors
(C in Lakhs) Total Amount
Total (1)
2. Other Non-Executive Directors
- - 1.50 2.50 2.50 1.50 1.50 9.50
-------- -------- - - 1.50 2.50 2.50 1.50 1.50 9.50
Mrs. Sunita Kolte
Mrs. Vandana Patil
Mr. Umesh Joshi
Mr. Jayant Pendse
Mr. Prakash Gurav
Mr. G L Mrs. Vishwanath Manasa
Vishwanath
Mr. Rajesh Patil
– Chairman and Managing Director
Mr. Naresh Patil – Vice Chairman
Mr. Milind Kolte - Executive Director
Gross salary
(a) Salary as per provisions contained in 100.00
section 17(1) of the Income-tax Act, 1961
(b) Value of perquisites u/s 17(2) Income- -*
tax Act, 1961
(c) Profits in lieu of salary under section -
17(3) Income-tax Act, 1961
Stock Option -
Sweat Equity -
Commission 100.00
Others ----
Fee for attending 2.50 2.00 - - - - - 4.50 board / committee
meetings
Commission -------- Others --------
Total (2)
Grand Total (1+2)
Overall Ceiling as per the Act
2.50 2.00 - - - - - 4.50
2.50 2.00 1.50 2.50 2.50 1.50 1.50 14.00
C121 (1% of the net profit calculated as per Section 198 of the Companies Act, 2013)
84 | Kolte-Patil Developers Limited
100.00 -*
100.00 -* --
300.00 - -
--
200.00 200.00 200.00 600.00 C1,208 (10% of the net profit calculated as per Section 198 of the Companies Act, 2013)
-- 100.00 100.00
-
- 300.00