

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