Amal Ltd 2014-15

Amal Ltd | Annual Report 2014-15 6. Statement of particulars under Sections 134 (3)(q) and 197 (12) of the Companies Act, 2013 * Particulars Status i) Ratio of the remuneration of each of the Director to the median remuneration of the employees of the Company for the finacial year Number of times if total remuneration of the Director is considered if total remuneration of the Director excluding variable pay and commission is considered N C Singhal * 0.68 0.68 S A Shah 0.64 0.64 A R Jadeja 0.44 0.44 S Mahalakshmi * 0.36 0.36 V Koppaka * 1.91 1.91 T T P Shaheel * 1.60 1.60 * part of the year ii) Percentage increase in remuneration of each of the Director, the Chief Finacial Officer, the Chief Executive Officer, the Company Secretary or the Manager, if any, in the finacial year Directors % N C Singhal 41.67 S A Shah 166.67 A R Jadeja 83.33 S Mahalakshmi NA Managing Director V Koppaka Part of the year T T P Shaheel NA Company Secretary A N Chhajer 10.38 NA = Not Applicable iii) Percentage increase in the median remuneration of employees in the financial year 4.50% iv) Number of permanent employees on the rolls of Company 14 v) Explanation on the relationship between average increase in remuneration and Company performance During 2014-15, sales increased by 16% from ` 16.24 cr to ` 18.82 cr. The Company reported a loss of ` 0.63 cr in 2014-15 against a profit of ` 0.43 cr in 2013-14 from operations. Average increase in aggregate remuneration was 4.50% Apart from the Company performance, other factors like inflation and market factors contributed to the increase in remuneration.