2.5.3 Remuneration No. Name Remuneration during the year (`) Sitting fees Salary and perquisites Commission Total Chairman and Managing Director 01. Sunil Lalbhai - 5,38,54,260 6,24,16,000 11,62,70,260 Managing Director 02. Samveg Lalbhai - 1,37,75,572 1,76,34,030 3,14,09,602 Whole-time Directors 03. Bharathy Mohanan1 - 1,65,99,090 - 1,65,99,090 04. Gopi Kannan Thirukonda2 - 2,35,04,296 - 2,35,04,296 05. Vivek Gadre3 - 35,64,402 - 35,64,402 Non-executive Directors 06. Mukund Chitale3 2,40,000 - 7,50,000 9,90,000 07. Shubhalakshmi Panse3 5,60,000 - 16,20,000 21,80,000 08. Baldev Arora 8,60,000 - 17,10,000 25,70,000 09. Pradeep Banerjee 3,30,000 - 10,80,000 14,10,000 10. Rangaswamy Iyer 5,80,000 - 13,95,000 19,75,000 11. Sharadchandra Abhyankar 3,00,000 - 9,00,000 12,00,000 12. Sujal Shah 5,00,000 - 12,60,000 17,60,000 13. Praveen Kadle3 4,00,000 - 10,95,000 14,95,000 14. Padmaja Chunduru3 1,50,000 - 1,50,000 3,00,000 1includes variable pay ` 12,27,000 2includes variable pay ` 16,28,000 3for a part of the year Sitting fees of up to ` 50,000 per meeting, constitute fees paid to the Non-executive Directors for attending Board, Committee and other meetings. Commission of up to 1% of the net profit of the Company to the Non-executive Directors was approved by the members of the Company at the AGM held on July 28, 2023, for a period of five years, effective April 01, 2023. The Board approves, within the aforesaid limit as per the Remuneration Policy of the Company, the commission payable to each Non-executive Director. The Remuneration policy is disclosed on the website of the Company at www.atul.co.in/investors/policies 3. Committees of the Board The Board has constituted the following Committees: a) Audit Committee b) Corporate Social Responsibility Committee c) Investment Committee d) Nomination and Remuneration Committee e) Risk Management Committee f) Stakeholders Relationship Committee 79 79 79 Corporate overview Performance overview ESG overview Statutory Reports Financial Statements
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