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Particulars of employees under section 217(2A) of the Companies Act, 1956 read with the Companies (Particulars of Employees) Rules, 1975 for the year ended 31.03.2010
a) Employed through out the financial year under review and were in receipt of remuneration for the financial year in aggregate of not less than Rs. 24,00,000/-.
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Name Shri O. P. Sharma Shri P. Mehta Shri P. R. Sharma
Designation Sr. Vice President (Commercial) (Vasavadatta Cement Section) Vice President (Sales) (Tyres Sections) Jt. President (Vasavadatta Cement Section)
Nature of Duties In-charge of Purchase. In-charge of Domestic Sales & Marketing (in North India) In-charge of Commercial Activities & Administration
Gross remuneration (Rs.) 28,94,007 27,37,656 43,96,784
Age (Years) 60 51 67
Qualification(s) B.Sc. M.A. B.Com.
Date of commencement of employment 15.04.1971 17.01.2008 19.04.1967
Experience (No. of years) 39 24 48
Last employment held Name of the Company - Apollo Tyres Ltd. Laxmi Finance Corporation
Designation - Divisional Head Accounts Officer
Notes :
1. All appointments are contractual.                                                                    
2. Remuneration received includes salary and other allowances, bonus/ex-gratia, rent paid, electricity charges paid, medical reimbursements, leave travel concession, encashment of leave, Company’s contribution to provident fund, gratuity fund and superannuation fund, premium for accident policy, club fees and the monetary value of perquisites with regard to accommodation & furniture calculated in accordance with the provisions of Income Tax Act, 1961 and the rules made thereunder.
3. None of the above employees is a relative of any director of the Company.
4. There is no employee in the Company within the meaning of sub-clause (iii) of clause (a) of sub-section (2A) of section 217 of the Companies Act, 1956.
5. Other terms and conditions of employment includes the transfer of duties in any section of the Company.
  
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