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Shaping the future of software driven business
Report of the Directors •
107
B. Details of employees posted in India who were employed through the financial year and received a remuneration of
`
10.2 Million or above p.a. OR the
employees posted in India who were employed for a part of the financial year and received remuneration of
`
0.85 Million p.m. under Section 197(12) of
the Companies Act, 2013 read with Rule 5(2) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014:
Sr.
No.
Name
Designation Salary and
Allowances
(
`
Million)
Value of
Perquisites for
Stock options
exercised
(
`
Million)
Total
Remuneration
(
`
Million)
Nature of
employment
Qualification
Experience
in Years
(approx.)
Date of
commencement
of employment
Age in
years
(approx.)
Last Employment
before joining the
Company
% of
Equity
Shares
held
Relation
with any
Director
of the
Company
1.
Dr. Anand
Deshpande
Chairman and
Managing Director
21.79
-
21.79 Regular employee B. Tech. (Hons.), M.S. Ph.D.
31
19-Oct-1990
57
Hewlett-Packard
28.68
No
2.
Sunil Sapre
Executive Director and
Chief Financial Officer
11.59
0.88
12.47 Regular employee Chartered Accountant
30
29-Jun-2015
54
L&T Infotech
0.06
No
3.
Shubhangi Kelkar Vice President
3.78
9.50
13.28 Regular employee Ph. D.
25
03-Feb-2003
53
Telcordia Technologies,
NJ, USA
0.06
No
4.
Shripad Agavekar Chief Architect
4.51
6.42
10.93 Regular employee
Diploma (Centre for Development of
Advanced Computing)
25
03-Nov-2003
49
Offshore Development
Centers PVT
0.04
No
5.
Sunil Morajkar* Senior Project Manager
0.98
0.00
0.98 Regular employee Bachelor of Engineering
19
01-Apr-2006
41
ControlNet India
0.00
No
6.
Peeyoosh Pandey Senior Vice President
9.28
3.28
12.56 Regular employee Bachelor of Engineering (Electronics)
10
01-Oct-2009
43
Wipro Technologies
0.01
No
7.
Prashant Gulalkari Vice President
4.94
9.00
13.94 Regular employee Master of Engineering
24
20-Aug-2010
56
Governation Pvt. Ltd 0.03
No
8.
Abhijit Sane
Vice President
3.40
10.87
14.28 Regular employee
Masters in Business Administration
(Marketing & Finance)
20
21-Feb-2011
45
Designtech
Systems Ltd.
0.01
No
9.
Atul Khadilkar
Executive Vice
President
7.20
12.01
19.22 Regular employee
Bachelor of Engineering
(Computer Technology)
26
15-Apr-2011
55
Mphasis
0.04
No
10.
Rahul Ekbote
Chief Architect
3.65
9.06
12.71 Regular employee
Bachelor of Engineering
(Computer Science)
19
2-May-2011
49
Cradle Technologies,
India
0.02
No
11.
Prashant
Virgaonkar
Vice President
5.40
4.82
10.22 Regular employee
Bachelor of Engineering
(Computer Technology)
27
17-Apr-2012
52
Oracle Financial
System Solutions (As
per resume available in
system)
0.02
No
12.
Vivek Ruparel* Senior Delivery
Manager
0.89
3.55
4.43 Regular employee BSc. Statistics
24
18-Aug-2003
49
SAS Global Services
0.01
No
*Resigned from the Company during financial year 2018-19
The above table also gives details for top ten employees in terms of remuneration drawn and the particulars of employees as required under Section 197(12) of the
Act read with Rule 5(2) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 who are deputed in India. The details of remaining
employees from such Top 10 employees who are not deputed in India are open for inspection at the Registered Office of the Company. Any shareholder interested in
obtaining a copy of the same may write to the Company Secretary.
For and on behalf of the Board of Directors
Dr. Anand Deshpande
Chairman and Managing Director
Pune, June 11, 2019
DIN: 00005721