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Annual Report 2016-17

77

B. Details of employees posted in India who were employed through the onancial 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 onancial 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,

whether

permanent or

contractual

4ualiocation 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

17.23

0.00

17.23 Permanent B. Tech.

(Hons.), MS,

Ph.D.

29

19-Oct-1990

55 Hewlett-

Packard

28.52

No

2.

Mritunjay Singh E[ecutive Director

and President –

Services

10.99

10.38

21.37 Permanent B. Tech (Ele.

& Comm.)

21

01-Feb-2013

45 Infosys /imited

0.09

No

3.

Sameer Bendre Chief People Ofocer

5.54

10.77

16.31 Permanent B. E. (Ele.

& Comm.)

28

06-Dec-2004

49 Nagpur Motors

Private /imited

0.02

No

4.

Mohit BhishikarA Senior Vice President

3.50

12.79

16.29 Permanent MCS

25

23-May-2011

48 Cisco, USA

0.03

No

5.

Ashish PanditA Vice President

3.89

8.72

12.61 Permanent M.S. (Mech.)

13

29-Nov-2012

45 Tech Mahindra

/imited

0.01

No

6.

Dr. Mukund

Deshpande

Vice President

5.06

6.86

11.92 Permanent B.E. (Mech.)

17

18-Jun-2007

43 Oracle

Corporation,

USA

0.51 Brother of

Chairman and

Managing

Director

7.

Nitin Kulkarni

Vice President

4.61

7.18

11.79 Permanent C.A.

24

27-Aug-2012

48 Automotive

Stamping and

Assemblies

/imited

0.02

No

8.

Abhay Pendse Associate Vice

President

3.90

6.76

10.66 Permanent M. Tech.

25

09-Apr-2012

49 SunGard

Solutions

Software India

/imited

0.02

No

9.

Brijesh Chandel Program Manager

3.34

7.23

10.57 Permanent M.B.A.

(Marketing &

Finance)

19

12-Apr-2010

41 Tata

Consultancy

Services

0.00 No

10. Sidharth Sujir A Chief Manager

0.67

7.27

7.94 Permanent M.Sc.

20+

01-Jul-1997

42 Aftek Digital

Solutions

0.02

No

A

Resigned during the Financial Year 2016-17.

For and on behalf of the Board of Directors

Dr. Anand Deshpande

Chairman and Managing Director

Pune, May 30, 2017

DIN: 00005721