166 INTEGRATED REPORT & ANNUAL ACCOUNTS 2018-19 | 112 TH YEAR ANNEXURE 9 Form No. MGT 9 Extract of Annual Return as on March 31, 2019 Pursuant to Section 92(3) of the Companies Act, 2013 [Read with Rule 12(1) of the Companies (Management and Administration) Rules, 2014] I. Registration and other details CIN L27100MH1907PLC000260 Registration Date August 26, 1907 Name Tata Steel Limited Category/Sub-category of the Company Public listed company having share capital Registered office address Contact details Bombay House, 24 Homi Mody Street, Fort, Mumbai - 400 001 Phone No. +91 22 6665 8282, Fax No. +91 22 6665 7724 Whether listed company – Yes/No Yes Registrars and Transfer Agent Name Address TSR Darashaw Limited 6-10, Haji Moosa Patrawala Industrial Estate, 20, Dr. E. Moses Road, Mahalaxmi, Mumbai - 400 011 Contact details Phone No. +91 22 6656 8484, Fax No. +91 22 6656 8494 II. Principal Business Activities of the Company All the business activities contributing 10% or more of the total turnover of the Company shall be stated. Sl. No. Name and Description of main products NIC Code of the Products % to total turnover of the Company 1 Manufacture of basic iron and steel 241 89.64% III. Particulars of Holding, Subsidiary and Associate Companies Sl. No. Name and address of the Company Holding (%) Subsidiary Companies (Pursuant to Section 2(87)(ii) of Companies Act, 2013 1. ABJA Investment Co. Pte Ltd. 22 Tanjong Kling Road, Singapore 628048 100.00 2. Adityapur Toll Bridge Company Limited Aiada Vikash Bhawan, Adityapur, Jamshedpur - 831 013 CIN: U45201JH1996PLC007124 88.50 3. Tata Steel Special Economic Zone Limited 5th Floor, Zone C/2, Fortune Towers, Chandrasekharpur, Bhubaneswar - 751 023 CIN: U45201OR2006PLC008971 100.00 4. The Indian Steel & Wire Products Ltd Flat 7 D & E, 7th Floor, Everest House, 46 C Chowringhee Road, Kolkata - 700 071 CIN: U27106WB1935PLC008447 95.01 5. Jamshedpur Utilities & Services Company Limited Sakchi Boulevard Road, Northerntown, Bistupur, Jamshedpur - 831 001 CIN: U45200JH2003PLC010315 100.00 6. Haldia Water Management Limited Shakti Palace, Plot No 492 (Old) & 784 (New), 2nd Floor, Mouza, Khanjanchak Haldia - 721 602, West Bengal CIN: U74140WB2008PLC126534 60.00 7. Kalimati Global Shared Services Limited 1st Floor, Tata Centre, 43 Jawaharlal Nehru Road, Kolkata - 700 071 CIN: U74999WB2018PLC224208 100.00 8. Mohar Export Services Pvt Ltd Bank of Baroda Bldg, Bombay Samachar Marg, Mumbai- 400 001, CIN: U51900MH1988PTC049518 66.46 9. NatSteel Asia Pte. Ltd. 22 Tanjong Kling Road, Singapore 628048 100.00 EXTRACT OF ANNUAL RETURN
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166 INTEGRATED REPORT & ANNUAL ACCOUNTS 2018-19 | 112TH YEAR
ANNEXURE 9
Form No. MGT 9
Extract of Annual Return as on March 31, 2019 Pursuant to Section 92(3) of the Companies Act, 2013
[Read with Rule 12(1) of the Companies (Management and Administration) Rules, 2014]
I. Registration and other detailsCIN L27100MH1907PLC000260Registration Date August 26, 1907Name Tata Steel LimitedCategory/Sub-category of the Company Public listed company having share capitalRegistered office address Contact details
II. Principal Business Activities of the Company All the business activities contributing 10% or more of the total turnover of the Company shall be stated.
Sl. No. Name and Description of main products NIC Code of the Products % to total turnover of the Company1 Manufacture of basic iron and steel 241 89.64%
III. Particulars of Holding, Subsidiary and Associate CompaniesSl. No. Name and address of the Company Holding (%)Subsidiary Companies (Pursuant to Section 2(87)(ii) of Companies Act, 2013
51.Tata Steel Mexico SA de CVAvenida Ing. Armando Birlain Shaffler No 2001 Corporatiave Central Park, Torre 1, 16 Pso C, Col Centro Sur, Querenturo, Cp 76090 Mexico
100.00
52 Cogent Power Inc.250 Bishop Avenue, Bridgeport, CT06610, USA 100.00
153.Tata Steel International (South America) Representações LTDASantiago & Amboulos Advogados, AV. Rio Branco, 45-10 Andar, Grupo 1013 Centro – Rio De Janiero – RJ CEP 20090-003
100.00
154. Tata Steel International (Italia) SRLVia G.G. Winckelman 2, Milano 20146, Italy 100.00
155. Tata Steel International (Middle East) FZEPlot Number B035R02, PO Box 18294, Jebel Ali, Dubai, UAE 100.00
156. Tata Steel International (Nigeria) LimitedBlock 69 A. Plot 8, Admiralty Way, Lekki, Phase 1, Lagos, Nigeria 100.00
162. Tata Steel Istanbul Metal Sanayi ve Ticaret ASEl Madag Harbiye Mahallesi Cumhuriyet Caddesi, 48 Pegasus Evi kat: 7 Sisli, Istanbul, Turkey 34367 100.00
163. Tata Steel Maubeuge SAS22, Avenue Abbe Jean de Beco, Louvroil 5970, France 100.00
216.The Tinplate Company of India Ltd4, Bankshall Street, Kolkata-700 001CIN: L2811WB1920PLC003606
74.96
217.Tata Steel Foundation6th Floor, One Forbes, No. 1, Dr. V. B. Gandhi Marg, Fort, Mumbai - 400 001CIN: U85300MH2016NPL284815
100.00
218.Jamshedpur Football and Sporting PrivateLimited6th Floor, One Forbes, No. 1, Dr. V. B. Gandhi Marg, Fort, Mumbai - 400 001CIN: U92490MH2017PTC297047
34.Jamshedpur Continuous Annealing & Processing Company Private Limited Tata Centre, 43, Jawaharlal Nehru Road, Kolkata - 700 071CIN: U27310WB2011PTC160845
51.00
35.T M Mining Company LimitedTata Centre, 43 Jawaharlal Nehru Road, Kolkata - 700 071CIN: U13100WB2010PLC156401
74.00
36.TM International Logistics Limited43 J L Nehru Road, Tata Centre, Kolkata - 700 071CIN: U63090WB2002PLC094134
51.00
37. International Shipping and Logistics FZEOffice No. TPOFCA0140, P O Box 18490, Jebel Ali, Dubai United Arab Emirates 100.00
38. TKM Global China Ltd.Unit G, Floor 11, Hengji Mansion, No. 99 Huai Hai East Road, Shanghai - 200021, P.R. China 100.00
39. TKM Global GmbHSpladingstrasse 210, 20097 Hamburg, Germany 100.00
40.TKM Global Logistics LimitedTata Centre, 43, Jawaharlal Nehru Road, Kolkata - 700 071CIN: U51109WB1991PLC051941
100.00
41.
Industrial Energy LimitedC/O - The Tata Power Company Limited, Corporate Center B, 34 Sant Tukaram Road, Carnac Bunder, Mumbai - 400 009, Maharashtra, IndiaCIN: U74999MH2007PLC167623
i Individual shareholders holding nominal share capital up to `1 lakh 13,41,07,082 1,84,82,698 15,25,89,780 13.55 14,38,58,160 1,54,73,274 15,93,31,434 14.14 0.60
iiIndividual shareholders holding nominal share capital in excess of `1 lakh
Notes: (1) Entities listed from Sl. No. 2 to 12 above form part of the Promoter Group.(2) 11,68,393 Ordinary Shares held by Rujuvalika Investments Limited (a wholly-owned subsidiary of the Company effective May 8, 2015), do not carry
any voting rights
180 INTEGRATED REPORT & ANNUAL ACCOUNTS 2018-19 | 112TH YEAR
iii) Change in Promoter’s (including Promoter Group) Shareholding
Particulars DateShareholding
Cumulative Shareholding during the year
No. of Shares% of total Shares of the Company
No. of Shares% of total Shares of the Company
Titan Company LimitedAt the beginning of the year April 1, 2018 2,025 - 2,025 -Increase during the year (Allotment of shares kept in abeyance during Rights Issue of 2018)
August 17, 2018 324 - 2,349 -
At the end of the year March 31, 2019 2349 - 2349 -Sir Dorabji Tata TrustAt the beginning of the year April 1, 2018 8,42,460 0.07 8,42,460 0.07Change during the year (Decrease due to sale of Shares) May 25, 2018 (8,42,460) (0.07) - -
At the end of the year March 31, 2019 - - - -Sir Ratan Tata TrustAt the beginning of the year April 1, 2018 1,89,000 0.02 1,89,000 0.02Change during the year (Decrease due to sale of Shares) May 25, 2018 (1,89,000) (0.02) - -
At the end of the year March 31, 2019 - - - -
iv) Shareholding Pattern of Top Ten Shareholders (Other than Directors, Promoters and Holders of GDRs and ADRs):
Sl. No
Name of shareholdersShareholding Cumulative Shareholding during the year
No. of shares% of total shares of the Company
No. of shares% of total shares of
the Company1 Life Insurance Corporation of India
At the beginning of the year 10,83,88,660 9.62 10,83,88,660 9.62Bought during the year - - 10,83,88,660 9.62Sold during the year - - 10,83,88,660 9.62At the end of the year 10,83,88,660 9.62 10,83,88,660 9.62
2 HDFC Trustee Company LimitedAt the beginning of the year 3,73,29,326 3.31 3,73,29,326 3.31Bought during the year 1,15,10,783 1.02 4,88,40,109 4.34Sold during the year (54,47,012) (0.48) 4,33,93,097 3.85At the end of the year 4,33,93,097 3.85 4,33,93,097 3.85
3 Reliance Capital Trustee Co. Ltd.At the beginning of the year 3,60,62,228 3.20 3,60,62,228 3.20 Bought during the year 1,63,98,731 1.46 5,24,60,959 4.66 Sold during the year (1,50,13,679) (1.33) 3,74,47,280 3.32 At the end of the year 3,74,47,280 3.32 3,74,47,280 3.32
4 Aditya Birla Sun Life Trustee Private LimitedAt the beginning of the year 1,62,03,057 1.44 1,62,03,057 1.44Bought during the year 1,86,51,356 1.66 3,48,54,413 3.09Sold during the year (1,51,23,141) (1.34) 1,97,31,272 1.75At the end of the year 1,97,31,272 1.75 1,97,31,272 1.75
5 ICICI Prudential Mutual Fund At the beginning of the year 1,18,41,996 1.05 1,18,41,996 1.05Bought during the year 1,29,46,144 1.15 2,47,88,140 2.20Sold during the year (78,19,446) (0.69) 1,69,68,694 1.51At the end of the year 1,69,68,694 1.51 1,69,68,694 1.51
6 ICICI Prudential Life Insurance Company Ltd.At the beginning of the year 15,14,260 0.13 15,14,260 0.13Bought during the year 1,55,29,496 1.38 1,70,43,756 1.51Sold during the year (16,74,061) (0.15) 1,53,69,695 1.36At the end of the year 1,53,69,695 1.36 1,53,69,695 1.36
Name of shareholdersShareholding Cumulative Shareholding during the year
No. of shares% of total shares of the Company
No. of shares% of total shares of
the Company7 SBI - Various Mutual Funds
At the beginning of the year 65,43,098 0.58 65,43,098 0.58Bought during the year 1,12,39,413 1.00 1,77,82,511 1.58Sold during the year (47,69,829) (0.42) 1,30,12,682 1.16At the end of the year 1,30,12,682 1.16 1,30,12,682 1.16
8 Mirae Asset - Various Mutual FundsAt the beginning of the year 54,89,866 0.49 54,89,866 0.49Bought during the year 68,72,991 0.61 1,23,62,857 1.10Sold during the year (26,73,225) (0.24) 96,89,632 0.86At the end of the year 96,89,632 0.86 96,89,632 0.86
9 NPS Trust - Various FundsAt the beginning of the year 68,82,407 0.61 68,82,407 0.61Bought during the year 20,98,117 0.19 89,80,524 0.80Sold during the year (42,857) (0.00) 89,37,667 0.79At the end of the year 89,37,667 0.79 89,37,667 0.79
10 Government Pension Fund GlobalAt the beginning of the year 1,11,13,963 0.99 1,11,13,963 0.99Bought during the year 32,72,495 0.29 1,43,86,458 1.28Sold during the year (61,87,012) (0.55) 81,99,446 0.73At the end of the year 81,99,446 0.73 81,99,446 0.73
11 The New India Assurance Company LimitedAt the beginning of the year 89,82,922 0.80 89,82,922 0.80Bought during the year 0 0.00 89,82,922 0.80Sold during the year (7,87,618) (0.07) 81,95,304 0.73At the end of the year 81,95,304 0.73 81,95,304 0.73
12 Abu Dhabi Investment AuthorityAt the beginning of the year 79,78,333 0.71 79,78,333 0.71Bought during the year 32,85,920 0.29 1,12,64,253 1.00Sold during the year (46,23,288) (0.41) 66,40,965 0.59At the end of the year 66,40,965 0.59 66,40,965 0.59
13 SBI Life Insurance Co. Ltd.At the beginning of the year 45,05,961 0.40 45,05,961 0.40Bought during the year 40,16,460 0.36 85,22,421 0.76Sold during the year (21,65,934) (0.19) 63,56,487 0.56At the end of the year 63,56,487 0.56 63,56,487 0.56
14 DSP Blackrock - Various Mutual FundsAt the beginning of the year 1,30,30,114 1.16 1,30,30,114 1.16Bought during the year 64,27,756 0.57 1,94,57,870 1.73Sold during the year (1,31,50,503) (1.17) 63,07,367 0.56At the end of the year 63,07,367 0.56 63,07,367 0.56
15 HDFC Life Insurance Company LimitedAt the beginning of the year 57,41,745 0.51 57,41,745 0.51Bought during the year 16,60,692 0.15 74,02,437 0.66Sold during the year (18,93,587) (0.17) 55,08,850 0.49At the end of the year 55,08,850 0.49 55,08,850 0.49
Notes: (1) The above information is based on the weekly beneficiary position received from Depositories. (2) The date wise increase or decrease in shareholding of the top ten shareholders is available on the website of the Company at www.tatasteel.com (3) The % of total shares of the Company in respect of shares bought and sold during the year is calculated on the total share capital of the Company as
on March 31, 2019.
182 INTEGRATED REPORT & ANNUAL ACCOUNTS 2018-19 | 112TH YEAR
v) Shareholding of Directors and Key Managerial Personnel
Sl. No.
Name of the ShareholderShareholding (April 1, 2018) Shareholding (March 31, 2019)
No. of Shares% of Total Shares of
the CompanyNo. of Shares
% of Total Shares of the Company
Directors1 Mr. T. V. Narendran 2,032 - 2,032 -2 Mr. Koushik Chatterjee 1,531 - 1,531 -Key Managerial Personnel3 Mr. Parvatheesam K 100 - 100 -
Notes: (1) Mr. N. Chandrasekaran, Ms. Mallika Srinivasan, Mr. O. P. Bhatt, Dr. Peter Blauwhoff, Mr. Aman Mehta, Mr. Deepak Kapoor and Mr. Saurabh Agrawal does
not hold any fully paid-up ordinary shares in the Company during the year. (2) Mr. V. K. Sharma through his relative holds 250 fully paid-up ordinary shares of the Company as on March 31, 2019
B Partly Paid-Up Equity Shares
i) Category-wise Share Holding
Sl. No.
Category of ShareholdersNumber of shares held (April 1, 2018) Number of shares held (March 31, 2019)
Note: Entities listed from Sl. No. 2 to 9 above form part of the Promoter Group.
iii) Change in Promoter’s (including Promoter Group) Shareholding
Shareholder’s Name DateShareholding
Cumulative Shareholding during the year
No. of Shares
% of total Shares of the Company
No. of Shares
% of total Shares of the Company
Titan Company LimitedAt the beginning of the year April 1, 2018 - - - -Increase during the year (Allotment of shares kept in abeyance during Rights Issue 2018)
August 17, 2018 162 - 162 -
At the end of the year March 31, 2019 162 - 162 -
184 INTEGRATED REPORT & ANNUAL ACCOUNTS 2018-19 | 112TH YEAR
iv) Shareholding Pattern of Top Ten Shareholders (Other than Directors, Promoters and Holders of GDRs and ADRs):
Sl. No.
Name of shareholdersShareholding
Cumulative Shareholding during the year
No. of shares% of total shares of the Company
No. of shares% of total shares of
the Company1 Reliance Capital Trustee Co. Ltd.
At the beginning of the year 78,27,234 10.08 78,27,234 10.08 Bought during the year 22,54,608 2.90 1,00,81,842 12.98 Sold during the year (45,12,233) (5.81) 55,69,609 7.17 At the end of the year 55,69,609 7.17 55,69,609 7.17
2 HDFC Trustee Company LimitedAt the beginning of the year 25,21,807 3.25 25,21,807 3.25 Bought during the year - - 25,21,807 3.25 Sold during the year (74,319) (0.10) 24,47,488 3.15 At the end of the year 24,47,488 3.15 24,47,488 3.15
3 The New India Assurance Company LimitedAt the beginning of the year 7,76,084 1.00 7,76,084 1.00 Bought during the year - - 7,76,084 1.00 Sold during the year - - 7,76,084 1.00 At the end of the year 7,76,084 1.00 7,76,084 1.00
4 Edelcap Securities LimitedAt the beginning of the year 2,160 - 2,160 - Bought during the year 5,89,254 0.76 5,91,414 0.76 Sold during the year (2,160) - 5,89,254 0.76 At the end of the year 5,89,254 0.76 5,89,254 0.76
5 Jhunjhunwala Rekha RakeshAt the beginning of the year 5,00,000 0.64 5,00,000 0.64 Bought during the year 40,000 0.05 5,40,000 0.70 Sold during the year - - 5,40,000 0.70 At the end of the year 5,40,000 0.70 5,40,000 0.70
6 Government Pension Fund GlobalAt the beginning of the year 7,18,974 0.93 7,18,974 0.93 Bought during the year - - 7,18,974 0.93 Sold during the year (2,05,566) (0.27) 5,13,408 0.66 At the end of the year 5,13,408 0.66 5,13,408 0.66
7 SBI Arbitrage Opportunities FundAt the beginning of the year 5,63,819 0.73 5,63,819 0.73 Bought during the year 44,260 0.05 6,08,079 0.78 Sold during the year (1,16,453) (0.15) 4,91,626 0.63 At the end of the year 4,91,626 0.63 4,91,626 0.63
8 Government Of SingaporeAt the beginning of the year 6,32,026 0.81 6,32,026 0.81 Bought during the year - - 6,32,026 0.81 Sold during the year (1,41,077) (0.18) 4,90,949 0.63 At the end of the year 4,90,949 0.63 4,90,949 0.63
9 HDFC Life Insurance Company LimitedAt the beginning of the year 4,84,893 0.62 4,84,893 0.62 Bought during the year - - 4,84,893 0.62 Sold during the year - - 4,84,893 0.62 At the end of the year 4,84,893 0.62 4,84,893 0.62
10 Franklin Templeton Investment FundsAt the beginning of the year 3,32,388 0.43 3,32,388 0.43 Bought during the year - - 3,32,388 0.43 Sold during the year - - 3,32,388 0.43 At the end of the year 3,32,388 0.43 3,32,388 0.43
the Company11 Aditya Birla Sun Life Trustee Private Limited
At the beginning of the year 7,00,462 0.90 7,00,462 0.90 Bought during the year - - 7,00,462 0.90 Sold during the year (4,79,291) (0.62) 2,21,171 0.28 At the end of the year 2,21,171 0.28 2,21,171 0.28
12 DSP Blackrock Various Mutual FundsAt the beginning of the year 9,63,002 1.24 9,63,002 1.24Bought during the year - - 9,63,002 1.24Sold during the year (8,30,378) (1.07) 1,32,624 0.17At the end of the year 1,32,624 0.17 1,32,624 0.17
Notes: (1) The above information is based on the weekly beneficiary position received from Depositories. (2) The date wise increase or decrease in shareholding of the top ten shareholders is available on the website of the Company at www.tatasteel.com (3) The % of total shares of the Company in respect of shares bought and sold during the year is calculated on the total share capital of the Company as
on March 31, 2019.
v) Shareholding of Directors and Key Managerial Personnel
Sl. No.
Name of the ShareholderShareholding (April 1, 2018) Shareholding (March 31, 2019)
No. of Shares% of total Shares of the Company
No. of Shares% of total Shares of the Company
Directors1 Mr. T. V. Narendran 139 - 139 -2 Mr. Koushik Chatterjee 105 - 105 -
Note: Mr. N. Chandrasekaran, Ms. Mallika Srinivasan, Mr. O. P. Bhatt, Dr. Peter Blauwhoff, Mr. Aman Mehta, Mr. Deepak Kapoor, Mr. Saurabh Agrawal and
Mr. V. K. Sharma does not hold any partly paid-up ordinary shares in the Company during the year.
V. INDEBTEDNESS Indebtedness of the Company including interest outstanding/accrued but not due for payment.
(` crore)Secured Loans
excluding depositsUnsecured
LoansDeposits
Total Indebtedness
Indebtedness at the beginning of the financial year(i) Principal Amount *2,528.86 25,596.94 - 28,125.80(ii) Interest due but not paid - - - -(iii) Interest accrued but not due - 556.01 - 556.01Total (i+ii+iii) 2,528.86 26,152.95 - 28,681.81Change in Indebtedness during the financial year • Addition 69.68 **6,310.17 - 6,379.85 • Reduction 26.35 #4,764.48 - 4,790.83Net Change 43.33 1,545.69 - 1,589.02Indebtedness at the end of the financial year(i) Principal Amount *2,572.19 27,129.28 - 29,701.47(ii) Interest due but not paid - - - -(iii) Interest accrued but not due - 569.36 - 569.36Total (i+ii+iii) 2,572.19 27,698.64 - 30,270.83
*includes funded interest on SDF loan of `924.77 crore (31.03.2018: `855.09 crore) **includes revaluation loss (net) of `59.12 crore on forex loans and amortisation of loan issue and premium and discount expenses aggregating
`204.23 crore under effective interest rate method. #includes realised exchange loss (net) of `0.69 crore on repayment of forex loans.
186 INTEGRATED REPORT & ANNUAL ACCOUNTS 2018-19 | 112TH YEAR
VI. REMUNERATION OF DIRECTORS AND KEY MANAGERIAL PERSONNEL
A. Remuneration of Managing Director, Whole-time Directors and/or Manager(` lakh)
Sl. No.
Particulars of RemunerationName of MD/WTD/Manager
Total AmountMr. T. V. Narendran Mr. Koushik ChatterjeeCEO & MD ED & CFO
1 Gross salary(a) Salary as per provisions contained in Section 17(1) of the
Income Tax, Act 1961201.53 187.24 388.77
(b) Value of perquisites u/s 17(2) of the Income Tax Act, 1961 103.76 153.64 257.40(c) Profits in lieu of salary under Section 17(3) of the
Total 1,122.63 1,082.14 2,204.77Ceiling as per the Companies Act, 2013 1,52,517
B. Remuneration to other Directors(` lakh)
Sl. No
Name Commission Sitting FeesTotal
CompensationI Non-Executive Directors1 Mr. Natarajan Chandrasekaran - Chairman (1) - 4.80 4.802 Mr. D. K. Mehrotra (2) 38.00 2.40 40.403 Mr. Saurabh Agrawal (3) - 6.40 6.404 Mr. Vijay Kumar Sharma (4) 36.00 1.20 37.20
Total (I) 74.00 14.80 88.80II Independent Directors1 Ms. Mallika Srinivasan 125.00 4.00 129.002 Mr. O. P. Bhatt 181.00 9.60 190.603 Dr. Peter Blauwhoff 111.00 6.80 117.804 Mr. Aman Mehta 90.00 4.80 94.805 Mr. Deepak Kapoor 106.00 8.00 114.00
Total (II) 613.00 33.20 646.20Grand Total (I + II) 687.00 48.00 735.00Overall Ceiling as per the Companies Act, 2013 15,252
Notes: (1) As a Policy, Mr. N. Chandrasekaran, Chairman, has abstained from receiving commission from the Company. (2) Mr. D. K. Mehrotra stepped down as a Member of the Board effective May 16, 2018. The commission of Mr. D. K. Mehrotra was paid to Life Insurance
Corporation of India. (3) In line with the internal guidelines of the Company, no payment is made towards commission to the Non-Executive Directors of the Company, who are
in full time employment with any other Tata Company. (4) Mr. Vijay Kumar Sharma was appointed as an Additional (Non-Executive) Director effective August 24, 2018. The commission of Mr. Sharma is paid to
C. Remuneration to KMP other than MD/Manager/WTD(` lakh)
Sl. No.
Particulars of RemunerationMr. Parvatheesam K.
Company Secretary & Chief Legal Officer (Corporate & Compliance)
1 Gross salary(a) Salary as per provisions contained in Section 17(1) of the Income-tax Act, 1961 145.80(b) Value of perquisites u/s 17(2) of the Income Tax Act, 1961 20.79(c) Profit in lieu of salary under Section 17(3) of Income-tax Act, 1961 -
Note: Mr. Parvatheesam K was on leave between August 28, 2017 and July 11, 2018. Accordingly, his remuneration for the previous year includes salary drawn by
him as Company Secretary and Compliance Officer for the period April 1, 2017 through August 27, 2017 and salary received by him up to March 31, 2018 towards his earned leave. His remuneration for the current year includes salary drawn by him for the period July 12, 2018 through March 31, 2019.
VII. PENALTIES/PUNISHMENTS/COMPOUNDING OF OFFENCES During the year, there were no penalties/punishments/compounding offences under the Companies Act, 2013.