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• Annual Report 2018-19
Shaping the future of software driven business
Notes forming part of consolidated financial statements (Contd.)
(ii) Related party transactions
(In
`
Million)
Name of the related party and nature of relationship
For the year ended
March 31, 2019
March 31, 2018
Sale of
software services
Entity over which a key management personnel
has significant influence
Deazzle Services Private Limited
18.46
34.48
Total
18.46
34.48
Legal and
professional fees
Entity over which a key management personnel
has significant influence
Azure Associates, LLC
23.07
10.68
Total
23.07
10.68
Remuneration #
(Salaries, bonus and
contribution to PF)
Key management personnel
Dr. Anand Deshpande
21.79
19.54
Mr. Christopher O' Connor*
6.62
-
Mr. Mritunjay Singh (including value of perquisites for stock
options exercised
`
6.22 million during the year 2017-18)**
-
13.95
Mr. Sunil Sapre (including value of perquisites for stock options
exercised
`
0.88 million during the year 2018-19,
`
1.02 million
during the year 2017-18)
12.47
11.71
Mr. Amit Atre
2.92
2.59
Mr. Narayanan Rajagopalan
43.02
42.55
Mr. Sudhir Kulkarni
42.31
37.50
Mr. Azlin Ghazali (including value of perquisites for stock
options exercised
`
13.61 million during the year 2018-19)
23.27
8.79
Ms. Audrey Reutens
5.05
4.45
Mr. Arnaud Pierrel
13.16
11.39
Mr. Sebastien Rattier***
-
2.51
Mr. Bruno Orsier****
10.36
8.99
Mr. Thomas Klein
32.21
33.70
Other directors:
Ms. Roshini Bakshi
2.20
2.00
Mr. Pradeep Bhargava
2.78
2.68
Mr. Sanjay Bhattacharyya
2.30
2.20
Dr. Anant Jhingran@@
1.98
0.65
Mr. Thomas Kendra
2.03
2.10
Mr. Prakash Telang
2.48
2.20
Mr. Kiran Umrootkar
2.80
2.25
Mr. Guy Eiferman@
1.99
-
Dr. Deepak Phatak@
1.95
-
Relatives of key management personnel
Mrs. Chitra Buzruk
4.71
3.46
Dr. Mukund Deshpande (including value of perquisites for stock
options exercised
`
3.43 million during the year 2018-19)
8.05
4.84
Total
246.45
220.05