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AMINES & PLASTICIZERS LTD

ANNEXURE 5

Particulars pursuant to Section 197(12) of the Companies Act, 2013 and relevant Rules thereunder:-
a the ratio of the remuneration of each Director* to Mr. Hemant Kumar Ruia Chairman & Managing Director - 20:1
,
the median remuneration of the employees of the Mr. Yashvardhan Ruia, Executive Director - 5:1
company for the nancial year;
b the percentage increase in remuneration of each CMD : NIL
Director, Chief Executive Of cer, Company ED : NIL
Secretary , Chief Financial Of cer or Manager, if C: 1 %S 0
any, in the nancial year;
CFO : 10 %
c the percentage increase in the median
remuneration of employees in the nancial year; 10%

d the number of permanent employees on the 227
rolls of company ;
e average percentile increase already made in the The Company's philosophy is based on principle of Pay for
salaries of employees other than the managerial Performance while maintaining internal equity and ext rnal parity.e
personnel in the last nancial year and its Appointmnet of CMD / ED is for a period of 3 years and revision in the
comparison with the percentile increase in the
remuneration is generally considered at the time of reappointmnet.
managerial remuneration and justi cation thereof On an average 10% increment was given to CS, CFO and all other
and point out if there are any exceptional members of the staff.
circumstances for increase in the managerial
remuneration;
It is af rmed that the remuneration paid is as per the Remuneration
f af rmation that the remuneration is as per the
remuneration policy of the company ; Policy for Directors, Key Managerial Personnel and other emoployees
adopted by the Company.

* Only sitting fees is paid to Non -Executive Directors as detailed in the Corporate Governance Report.

Date: 13.08.2019 F or and on behalf of the Board of Directors
Place: Mumbai

Hemant Kumar Ruia
Chairman & Managing Director
(DIN:00029410)

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BOARDS REPORT