Amal Ltd 2012-13

Amal Ltd | Annual Report 2012-13 2.5 Attendance at theBoardMeetings andat theAnnual GeneralMeeting Number Name BoardMeetings AGMon Total Attended July24,2012 2.6 Appointment | cessationduring the year 2.7 Remuneration 3. Committeesof theBoard 3.1 Audit Committee 3.1.1 Role 1 Mr SS Lalbhai 4 4 Present 2 Mr VKoppaka 4 4 Present 3 Mr NCSinghal 4 4 Present 4 Mr T RGopi Kannan 4 4 Present 5 Mr SAShah 4 4 Present 6 Mr AR Jadeja 4 4 Present Appointed:Nil Resigned:Nil Ceased:Nil Sitting fees constitute fees paid to Non-executive Independent Directors for attending the BoardandCommitteemeetings of up to 10,000permeeting. * Represents lower of 10%of the remunerationpaidbyAtul Ltd to theManagingDirector (being an employee of Atul Ltd) or an amount allowable under Section I or Section II of Part II of the ScheduleXIII of theCompaniesAct,1956. Accordingly, an amount of 880 (‘000) is reimbursable to Atul Ltd. TheBoardhas constituted the followingCommittees: Audit Committee ShareTransfer and Shareholders’ | Investors’ GrievanceCommittee RemunerationCommittee i) Approving the appointment of CFO ii) Reviewing | Overseeing the financial reporting process and the disclosure of financial information to ensure that the financial statements arecorrect, sufficient and credible       Number Name Remunerationduringtheyear Sittingfees Salaryand Commission Total perquisites ` ` ` ` 1 Mr SS Lalbhai - - - - 2 Mr VKoppaka - 880,000 - 880,000* 3 Mr NCSinghal 120,000 - - 120,000 4 Mr T RGopi Kannan - - - - 5 Mr SAShah 80,000 - - 80,000 6 Mr AR Jadeja 80,000 - - 80,000 ` `