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Notes forming part of consolidated onancial statements (Contd.)
Annual Report 2016-17
•
213
(ii) Related party transactions
(In
`
Million)
Name of the related party and nature of relationship
For the year ended
March 31, 2017
March 31, 2016
Sale of software
services
Entity over which a key management personnel
has signiocant inpuence
Deazzle Services Private /imited
27.30
2.54
Total
27.30
2.54
Remuneration #
Key management personnel
(Salaries, bonus and
contribution to PF)
Dr. Anand Deshpande
17.23
13.63
Mr. Mritunjay Singh (including value of perquisites
for stock options exercised
`
10.38 million during
the year 2016-17 and
`
15.69 million during the year
2015-16)
21.37
25.65
Mr. Rohit Kamat * (including value of perquisites for
stock options exercised
`
9.83 million during the
year 2015-16)
-
14.04
Mr. Sunil Sapre**
9.14
6.45
Mr. Amit Atre
2.33
1.58
Mr. Ranganath Puranik***
-
20.72
Mr. Narayanan Rajagopalan
43.51
34.16
Mr. Sudhir Kulkarni
33.48
28.93
Mr. Azlin Ghazali
8.88
8.45
Ms. Audrey Reutens
4.54
4.14
Mr. Arnaud Pierrel
11.61
11.40
Mr. Sebastien Rattier
9.27
9.13
Mr. Thomas Klein
31.94
27.40
Relatives of key management personnel
Mrs. Chitra Buzruk
3.50
3.40
Dr. Mukund Deshpande (including value of
perquisites for stock options exercised
`
6.86
million during the year 2016-17)
11.92
4.25
Total
208.72
213.33
Dividend paid
Key management personnel
Dr. Anand Deshpande
136.89
296.57
Mr. Mritunjay Singh
0.29
0.25
Mr. Rohit Kamat
-
0.57
Relatives of key management personnel
Mr. Suresh Deshpande
3.50
94.34
Mrs. Chitra Buzruk
2.82
0.90
Dr. Mukund Deshpande
2.40
-
Mrs. Sonali Anand Deshpande
0.67
1.46
Mrs. Sulabha Suresh Deshpande
3.40
7.36
Total
149.97
401.45
Donation given
Entity over which a key management personnel
has signiocant inpuence
Persistent Foundation
67.74
60.92
Total
67.74
60.92