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TMI BlogDisclosure in Board’s report.X X X X Extracts X X X X X X X X Extracts X X X X ..... nent employees on the rolls of company; 1 [(v) ***] 1 [(vi) ***] 1 [(vii) ***] (viii) average percentile increase already made in the salaries of employees other than the managerial personnel in the last financial year and its comparison with the percentile increase in the managerial remuneration and justification thereof and point out if there are any exceptional circumstances for increase in the managerial remuneration; 1 [(ix) ***] (x) the key parameters for any variable component of remuneration availed by the directors; 1 [(xi) ***] (xii) affirmation that the remuneration is as per the remuneration policy of the company. Explanation.- For the purposes of this rule.- (i) the expression median means the numerical value separating the hig ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... employee; (v) date of commencement of employment; (vi) the age of such employee; (vii) the last employment held by such employee before joining the company; (viii) the percentage of equity shares held by the employee in the company within the meaning of clause (iii) of sub-rule (2) above; and (ix) whether any such employee is a relative of any director or manager of the company and if so, name of such director or manager: Provided that the particulars of employees posted and working in a country outside India, not being directors or their relatives, drawing more than sixty lakh rupees per financial year or five lakh rupees per month, as the case may be, as may be decided by the Board, shall not be circulated to the members in the Board s re ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he variations in the net worth of the company as at the close of the current financial year and previous financial year; (ix) comparison of the each remuneration of the Key Managerial Personnel against the performance of the company; (xi) the ratio of the remuneration of the highest paid director to that of the employees who are not directors but receive remuneration in excess of the highest paid director during the year; and 2. Substituted vide F. No. 1/5/2013 CL-V - Dated 30-6-2016 before it was read as, `` the name of every employee of the company, who- 3. Substituted vide F. No. 1/5/2013 CL-V - Dated 30-6-2016 before it was read as, sixty lakh rupees 4. Substituted vide F. No. 1/5/2013 CL-V - Dated 30-6-2016 before it was read as, five ..... X X X X Extracts X X X X X X X X Extracts X X X X
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