ANNEXURE 1
Details of Remuneration of Directors, Employees and comparatives
[Pursuant to Section 197 and Rule 5(1) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014]
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- The ratio of the remuneration of each Director to the median remuneration of the employees of the Company and the percentage
increase in remuneration of each Director, Chief Executive Officer, Chief Financial Officer and Company Secretary in the FY 2019:
- A break-up of median remuneration for employees is given below:
- The ratio of the remuneration of each Director to the median remuneration of the employees of the Company and the percentage
increase in remuneration of each Director, Chief Executive Officer, Chief Financial Officer and Company Secretary in the FY 2019:
- The number of permanent employees on the rolls of Company as at March 31, 2019: 27,572
- Average percentile increase already made in the salaries of employees other than the managerial personnel in the last financial year
and its comparison with the percentile increase in the managerial remuneration and justification thereof and point out if there are any
exceptional circumstances for increase in the managerial remuneration:
On behalf of the Board of Directors
N CHANDRASEKARAN
Chairman
(DIN: 00121863)
Mumbai,
May 20, 2019