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AMINES & PLASTICIZERS LTD

either party giving three months’ notice in writing. There is no concept of severance fees in the
terms of appointment of the Chairman & Managing Director and Executive Director. The total
remuneration paid to Mr. Hemant Kumar Ruia, Chairman & Managing Director and Mr. Yashvardhan
Ruia, Executive Director during the financial year 2018-2019 is shown in detail here under:
( Amount in ` )

Salary Perquisites Supper Annuation Bonus Total
contribution
Chairman & 79,28,333* 7,59,581 6,03,000 8,04,000 10094914
Managing Director
Executive Director 18,00,000 220070 - 240000 2260070

The amount contributed towards provident fund, super annuation has not been included in the total
remuneration paid. The Company does not have any performance linked commission, incentives and
stock option scheme.
*Salary paid to Mr. Hemant Kumar Ruia, Chairman & Managing Director includes Leave encashment of
Three years claimed at the end of the tenure which is exempted from ceiling and Leave Travel
Allowances for Three years taken together.
4 Stakeholder Relationship Committee (SRC) :
The Company gives highest importance to Investor Relations and all the stakeholders are treated at par
and strives to achieve the appropriate balance between various stakeholders, in the best interest of the
Company. It mainly focuses on the expeditious and effective redressal of the Shareholder’s grievances in
order to strengthen Investor Relations.
a) Composition :
The Committee comprises of Three Non-Executive Independent Directors and an Executive Director.
The Committee comprises of Mr. B M Jindel, Mr. A S Nagar, Mr. Hemant Kumar Ruia, and Dr. M K
Sinha. All members except Mr. Hemant Kumar Ruia, Chairman & Managing Director are Non –
Executive and Independent Directors of the Company. Mr. B M Jindel is the Chairman of the. .
Stakeholder Relationship Committee.
b) Terms of Reference:
The constitution and terms of reference of Stakeholders Relationship Committee Section 178 (5) of
the Act and Regulation 20 of the Listing Regulations as amended from time to time.
The Committee specifically looks into redressing of investors’ complaints including Non-receipt of
annual reports, non receipt of declared dividends and complaints related to transfer / transmission
etc. of shares. The Committee also monitors and reviews the performance and service standards of
the Share Transfer Agent and provides continuous guidance to improve the service levels for
investors.
c) Committee Meetings :
The investor correspondence and grievances are being attended by M/s Sharex Dynamic (I) Pvt Ltd.,.
Registrar and Share Transfer Agents of the Company and a periodical report is being presented to
the Committee. There were no major complaints from the investors. Routine complaints relating to
non-receipt of annual report/ bonus / split share certificates, non - receipt of dividend, transfer /
transmission of shares, dematerialization of shares, request of change in address etc. were attended
to from time to time. The Company has not received any major /serious complaints of the
shareholders through Securities and Exchange Board of India (SEBI) Portal during the year under
review.

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CORPORATE GOVERNANCE