Atul Ltd 2018-19

6. Statement of particulars under Sections 134(3)(q) and 197(12) of the Companies Act, 2013* Particulars Status i) Ratio of the remuneration of each Director to the median remuneration of the employees of the ūŞƎîŠǋ ljūƑ ƥĺĚ ǛŠîŠČĿîŕ ǋĚîƑ Number of times if total remuneration of the Director is considered if total remuneration of the Director excluding variable pay and commission is considered R A Shah 3.41 0.97 S S Baijal 5.61 1.36 B S Mehta 5.07 1.07 H S Shah 1.02 0.21 S M Datta 3.78 0.78 V S Rangan 4.47 0.97 M M Chitale 4.72 0.97 S A Panse 3.33 0.58 B R Arora 4.78 1.03 S S Lalbhai 280.35 93.28 S A Lalbhai 69.07 29.15 B N Mohanan 36.08 30.78 T R Gopi Kannan 45.40 38.58 ii) Percentage increase in remuneration of each of ƥĺĚ 'ĿƑĚČƥūƑƙȡ ƥĺĚ ĺĿĚlj /ǊĚČƭƥĿǄĚ ~ljǛČĚƑȡ ƥĺĚ ĺĿĚlj GĿŠîŠČĿîŕ ~ljǛČĚƑȡ ƥĺĚ ūŞƎîŠǋ ¬ĚČƑĚƥîƑǋȡ Ŀlj îŠǋȡ ĿŠ ƥĺĚ ǛŠîŠČĿîŕ ǋĚîƑȦ Directors % R A Shah 15.85 S S Baijal 13.48 B S Mehta 32.25 H S Shah (41.59) S M Datta 6.67 V S Rangan 39.88 M M Chitale 80.85 S A Panse 18.81 B R Arora 70.30 Chairman and Managing Director S S Lalbhai 43.16 Managing Director S A Lalbhai 9.83 Whole-time Director B N Mohanan 9.06 Whole-time Director and Chief Financial ~ljǛČĚƑ T R Gopi Kannan 16.97 Company Secretary L P Patni 1.42 iii) Percentage increase in the median remuneration of ĚŞƎŕūǋĚĚƙ ĿŠ ƥĺĚ ǛŠîŠČĿîŕ ǋĚîƑ 9.09% iv) Number of permanent employees on the rolls of Company 2,574 v) Average percentile increase already made in the salaries of employees other than the managerial ƎĚƑƙūŠŠĚŕ ĿŠ ƥĺĚ ŕîƙƥ ǛŠîŠČĿîŕ ǋĚîƑ îŠē Ŀƥƙ ČūŞƎîƑĿƙūŠ with the percentile increase in the managerial ƑĚŞƭŠĚƑîƥĿūŠ îŠē ŏƭƙƥĿǛČîƥĿūŠ ƥĺĚƑĚūlj îŠē ĚǊƎŕîŠîƥĿūŠ Ŀlj ƥĺĚƑĚ îƑĚ îŠǋ ĚǊČĚƎƥĿūŠîŕ ČĿƑČƭŞƙƥîŠČĚƙ ljūƑ ĿŠČƑĚîƙĚ in the managerial remuneration Average increase for Key Managerial Personnel and for other employees was about 8%. ¹ĺĚƑĚ Ŀƙ Šū ĚǊČĚƎƥĿūŠîŕ ĿŠČƑĚîƙĚ ĿŠ ƑĚŞƭŠĚƑîƥĿūŠ ūlj eĚǋ Managerial Personnel. ǄĿȴ ljǛƑŞîƥĿūŠ ƥĺîƥ ƥĺĚ ƑĚŞƭŠĚƑîƥĿūŠ Ŀƙ îƙ ƎĚƑ ƥĺĚ Remuneration Policy of the Company Tƥ Ŀƙ îljǛƑŞĚē ƥĺîƥ ƥĺĚ ƑĚŞƭŠĚƑîƥĿūŠ Ŀƙ îƙ ƎĚƑ ƥĺĚ ¤ĚŞƭŠĚƑîƥĿūŠ Policy of the Company. *Read with the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 and forming part of the Directors’ Report for the year ended March 31, 2019. 55 Directors’ Report