Page 100 - Tata_Chemicals_yearly-reports-2019-20

B. Remuneration to other Directors:
(`)
Sr. Fee for attending Board/ Others,
No. Particulars Committee Meetings Commission please specify Total Amount
I. Independent Directors
1. Mr. nasser Munjee # 2,10,000 16,00,000 - 18,10,000
2. dr. Y. S. p. thorat # 3,10,000 24,00,000 - 27,10,000
3. Ms. Vibha paul rishi 5,70,000 45,00,000 - 50,70,000
4. Ms. padmini Khare Kaicker 5,90,000 45,00,000 - 50,90,000
5. dr. C. V. natraj^ 4,10,000 30,00,000 - 34,10,000
6. Mr. K. B. S. anand $ 1,70,000 10,00,000 - 11,70,000
Total (1) 22,60,000 1,70,00,000 - 1,92,60,000
II. Other Non-Executive Directors
7. Mr. Bhaskar Bhat 3,60,000 30,00,000* - 33,60,000
8. Mr. S. padmanabhan 7,30,000 ** - 7,30,000
Total (2) 10,90,000 30,00,000 - 40,90,000
Total Managerial Remuneration (1+2) 33,50,000 2,00,00,000 - 2,33,50,000
Ceiling as per the act (@ 1% of the net profits of the Company calculated as per Section 198 of the Companies act, 2013) 8.65 crore
* In line with the internal guidelines, no commission was paid to Mr. Bhaskar Bhat, non-executive director of the Company, for FY 2018-19 who
was in full-time employment with other tata company. However, Mr. Bhat is eligible to receive commission from the Company for FY 2019-20
in view of his superannuation from titan Company limited as the Managing director and Ceo effective September 30, 2019
** In line with the internal guidelines, no payment is made towards commission to Mr. S. padmanabhan, non-executive director of the Company, who is in
full-time employment with other tata company
# retired as Independent director of the Company with effect from august 20, 2019 upon completion of tenure
^ appointed as non-executive Independent director with effect from august 8, 2019
$ appointed as non-executive Independent director with effect from october 15, 2019
Note: Ceiling limits are for FY 2019-20. Commission relates to FY 2019-20, which will be paid during FY 2020-21

C. Remuneration to Key Managerial Personnel other than Managing Director / Manager / Whole-Time Director:
(` )
Key Managerial Personnel
Sr. John Mulhall Rajiv Chandan
No. Particulars of Remuneration Chief Financial General Counsel &
Officer Company Secretary
1. gross Salary
(a) Salary as per provisions contained in Section 17(1) of the Income tax act, 1961 2,91,89,943 1,56,89,348
(b) Value of perquisites under Section 17(2) of the Income tax act, 1961 37,54,937 32,511
(c) profits in lieu of salary under Section 17(3) of the Income tax act, 1961 - -
2. Stock options - -
3. Sweat equity - -
4. Commission na na
5. others (Contribution to pF and Superannuation), as applicable 6,35,904 10,43,928
Total 3,35,80,784 1,67,65,787

98 I Integrated annual report 2019-20