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Reimagine | Reinvent | Grow

NOMINATION AND REMUNERATION COMMITTEE - Committee within the salary scale approved by the Board
OTHER DETAILS and Members and are effective from April 1, each year.
• Performance Evaluation Criteria for Independent The Board of Directors, on the recommendation of the
Directors: Nomination and Remuneration Committee, decides the
An indicative list of factors on which evaluation is carried commission payable to the Managing Director and the Non-
out includes participation and contribution, commitment, Executive Directors out of the profits for the financial year
effective deployment of knowledge and expertise, integrity and within the ceilings prescribed under the Act, based on
and maintenance of confidentiality and independence of the Board evaluation process considering the criteria such
behaviour and judgment by a Director. as the performance of the Company as well as that of the
Managing Director and each Non- Executive Director.
• Remuneration Policy
The Remuneration Policy of the Company is designed to The Company pays sitting fees of Rs. 20,000 per meeting
create a high-performance culture. It enables the Company to its Non-Executive Directors for attending meetings of
to attract, retain and motivate employees to achieve results. the Board and meetings of committees of the Board. The
Our business model promotes customer centricity and Company also determines to pays commission to the
requires employee mobility to address project needs. The Non-Executive Directors within the ceiling of 1 per cent
Remuneration Policy supports such mobility through pay of the Company’s net profits as computed under the Act’s
models that are compliant with local regulations. In each applicable provisions, with the members’ approval. The
country where the Company operates, the Remuneration said commission is decided each year by the Board of
structure is tailored to the regulations, practices and Directors, on the recommendation of the Nomination and
benchmarks prevalent in the industry. Remuneration Committee and distributed amongst the
Non-Executive Directors based on the Board evaluation
The Company pays remuneration by way of salary, process, considering criteria such as their attendance and
benefits, perquisites and allowances (fixed component) contribution at the Board and Committee meetings, as
and commission (variable component) to its Managing well as the time spent on operational matters other than at
Director and employees at large. Annual increments are meetings.
recommended by the Nomination and Remuneration

NUMBER OF BOARD & COMMITTEE MEETINGS HELD AND ATTENDANCE RECORD

Audit & Risk Nomination and Corporate Social
Name of the Committee Management Remuneration Board Responsibility Executive Committee
Committee Committee Committee

No. of Meetings held 4 4 8 2 4

Date of Meetings May 15, 2020 June 24, 2020 April 27, 2020 June 24, 2020 August 18, 2020
June 24, 2020 September 01, 2020 May 15, 2020 January 27, 2021 October 27, 2020
November 09, 2020 January 27, 2021 July 03, 2020 December 23, 2020
January 28, 2021 March 19, 2021 August 21, 2020 December 29, 2020
September 01, 2020
November 10, 2020
January 28, 2021
March 31, 2021

No. of Meetings Attended
Mr Ashok Sethi 4 4 8 2 4

Mr Sriram Kadiyala 4 4 8 - -
Ms Anjali Kulkarni - 4 8 2 -

Mr Amit Sharma - - 8 2 4
Whether quorum was present for all the Meetings The necessary quorum was present for all the above Board & Committee Meetings

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