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Annual Report 2016-17
V. Indebtedness
Indebtedness of the Company including interest outstanding / accrued but not due for payment
(
`
in Million)
Secured Loans
excluding
deposits
Unsecured
Loans
Deposits
Total
Indebtedness
Indebtedness at the beginning of the onancial year
a. Principal Amount
-
30.28
-
30.28
b. Interest due but not paid
-
-
-
-
c. Interest accrued but not due
-
2.40
-
2.40
Total (a+b+c)
-
32.68
-
32.68
Change in indebtedness during the onancial year
y
Addition
-
0.92
-
0.92
y
Reduction
-
6.36
-
6.36
Net Change
-
(5.44)
-
(5.44)
Indebtedness at the end of the onancial year
a. Principal Amount
-
25.71
-
25.71
b. Interest due but not paid
-
-
-
-
c. Interest accrued but not due
-
1.53
-
1.53
Total (a+b+c)
-
27.24
-
27.24
VI. Remuneration of Directors and Key Managerial Personnel
A. Remuneration to Managing Director, :hole-time Director and/or Manager:
(
`
in Million)
Sr.
No.
Particulars of Remuneration
Name of MD / WTD / Manager
Total Amount
Dr. Anand
Deshpande
Mr. Mritunjay
Singh
1.
Gross Salary
(a) Salary as per provisions contained in section 17(1) of the
Income Ta[ Act, 1961
8.27
6.17
14.44
(b) Value of perquisites u/s 17(2) of the Income Ta[ Act, 1961
0.05
10.38*
10.43
(c) Proots in lieu of salary u/s 17(3) of the Income Ta[ Act,
1961
-
-
-
2. Stock Option
(a) Granted during the year
-
-
-
(b) E[ercised during the year
-
-
-
3.
Sweat Equity
-
-
-
4. Commission
y
As % of proot
-
-
-
y
Others, specify
7.47
4.53
12.00
5. Others, please specify
Company’s contribution to PF, Superannuation Fund and
National Pension Fund
1.44
0.29
1.73
Total (A)
17.23
21.37
38.60
Overall Ceiling as per the Act
`
408.72 Million (being 10% of net proot of the Company
calculated as per Section 198 of the Companies
Act, 2013)
*
The value of perquisites represent the amount of perquisites towards e[ercise of stock options which do not form part of
the CTC (Cost to Company).