Atul Ltd 2018-19

2.7 Remuneration No. Name Remuneration during the year ( ` ) Sitting fees Salary and perquisites Commission Total Chairman and Managing Director 01. S S Lalbhai ȶ 3,35,79,394 6,73,45,100 10,09,24,494 Managing Director 02. S A Lalbhai ȶ 1,04,94,112 1,43,70,690 2,48,64,802 Whole-time Directors 03. B N Mohanan ȶ 1,29,89,067 1 - 1,29,89,067 04. T R Gopi Kannan ȶ 1,63,45,652 2 - 1,63,45,652 Non-executive Directors 05. R A Shah 3,50,000 ȶ 8,78,000 12,28,000 06. S S Baijal 4,90,000 ȶ 15,30,000 20,20,000 07. B S Mehta 3,85,000 ȶ 14,40,000 18,25,000 08. H S Shah 75,000 ȶ 2,93,000 3,68,000 09. S M Datta 2,80,000 ȶ 10,80,000 13,60,000 10. V S Rangan 3,50,000 ȶ 12,60,000 16,10,000 11. M M Chitale 3,50,000 ȶ 13,50,000 17,00,000 12. S A Panse 2,10,000 ȶ 9,90,000 12,00,000 13. B R Arora 3,70,000 ȶ 13,50,000 17,20,000 1 Includes variable pay ` 19,07,000 2 Includes variable pay ` 24,58,000 Sitting fees of up to ` ǩǫȡǦǦǦ ƎĚƑ ŞĚĚƥĿŠij ČūŠƙƥĿƥƭƥĚ ljĚĚƙ ƎîĿē ƥū ƥĺĚ sūŠȹĚNJĚČƭƥĿDŽĚ 'ĿƑĚČƥūƑƙ ljūƑ îƥƥĚŠēĿŠij ūîƑēȡ Committee and other meetings. ūŞŞĿƙƙĿūŠ ƭƎ ƥū ǧɼ ūlj ƥĺĚ ŠĚƥ ƎƑūǛƥ ūlj ƥĺĚ ūŞƎîŠNj ƥū ƥĺĚ sūŠȹĚNJĚČƭƥĿDŽĚ 'ĿƑĚČƥūƑƙ Džîƙ îƎƎƑūDŽĚē ċNj ƥĺĚ qĚŞċĚƑƙ ūlj ƥĺĚ ūŞƎîŠNj îƥ ƥĺĚ Hq ĺĚŕē ūŠ cƭŕNj Ǩǭȡ ǨǦǧǮ ljūƑ î ƎĚƑĿūē ūlj ǛDŽĚ NjĚîƑƙȡ ĚljljĚČƥĿDŽĚ ƎƑĿŕ Ǧǧȡ ǨǦǧǮȦ ¹ĺĚ ūîƑē îƎƎƑūDŽĚƙȡ DžĿƥĺĿŠ ƥĺĚ îljūƑĚƙîĿē ŕĿŞĿƥȡ ČūŞŞĿƙƙĿūŠ ƎîNjîċŕĚ ƥū ĚîČĺ sūŠȹĚNJĚČƭƥĿDŽĚ 'ĿƑĚČƥūƑȦ 3. Committees of the Board The Board has constituted the following Committees: » Audit Committee » Nomination and Remuneration Committee » Stakeholders Relationship Committee » Corporate Social Responsibility Committee » Investment Committee » Risk Management Committee 3.1 Audit Committee 3.1.1 Role i) Approving: Ƚ îƎƎūĿŠƥŞĚŠƥ ūlj ƥĺĚ ĺĿĚlj GĿŠîŠČĿîŕ ~ljǛČĚƑ Ƚ ƥƑîŠƙîČƥĿūŠƙ DžĿƥĺ ƑĚŕîƥĚē ƎîƑƥĿĚƙ îŠē ƙƭċƙĚƐƭĚŠƥ ŞūēĿǛČîƥĿūŠƙ ƥĺĚƑĚūlj 69 Corporate Governance Report