Heritage Foods Limited

STATUTORY REPORTS Board’s Report 29 th Annual Report 2020-21 | 79 • The aggregate remuneration of employees excluding WTD increase in FY 2020-21 over the previous fi nancial year was 3.60% • The aggregate remuneration of employees includingWTD increase in FY 2020-21 over the previous fi nancial year was 29.02% • The aggregate remuneration of KMP increased in FY 2020-21 over the previous fi nancial year was 138.31% • The Company a ffi rms that the remuneration is as per the remuneration policy of the Company. iv Statement required under Rule 5(2) of the Companies (appointment and remuneration of Managerial Personal) Rules, 2014. S. No Director/Employee Name Designa- tion Annual Gross Remunera- tion Received for FY20- 21** ( ` in Millon) Quali fi ca- tion Total Years of Experi- ence Date of Joining in the Com- pany Age (Yrs) Last Employment before Joining the Company No of Equity Shares held in the Com- pany (i) Director 1 Mrs. N Bhuvaneswari VC&MD 110.80# B.A 27 12.12.1999 59 - 10661652 2 Mrs. N. Brahmani ED 88.64# B. Tech., MBA 13 28.06.2013 33 Vertex Venture Management Pvt Ltd, Singapore. 203200 (ii) Employee 1 Dr. M Sambasiva Rao President 34.96* M.Sc, PhD 37 23.01.2006 64 Joint Secretary, Ministry Of Com- merce And Industry, Govt. Of India 86784 2 Mr. A Prabhakara Naidu CFO 6.24 B.Sc, C.A 32 22.09.2005 60 Heritage Foods Limited - 3 Mr. J Samba Murthy COO 5.59 MBA (Mar- keting) 32 01.04.2007 55 Reliance Life Sci- ence Ltd 600 4 Mr. D.V.R.K Prasad Sr.VP 4.40 IDD(DT), BBA 38 07.11.1996 59 Salem Dairy - 5 Mr. Ch Rajababu Sr.GM 4.26 M.Tech, MDBA 24 12.04.2007 47 Reliance Industries Ltd - 6 Mr. Dheeraj Tandon Sr.GM 3.89 MBA(HR), PG Dip.(T&D) 22 05.10.2016 46 Meritor Commercial Vehicle Systems (India) Pvt Ltd 40 7 Mr. Balaji Adivishnu GM 3.86 MBA (Mkt), MSc (Maths) 21 27.06.2019 46 Real Time Gover- nance - Govt. Of India - 8 Mr. Kotta Raja Babu GM 3.41 M.Sc (CS), PG.DRDM, IDD(DT) 38 03.08.2007 60 Patni Computers - 9 Mr. Suresh Kumar Patidar Sr.GM 3.31 B.Tech (DT) 26 06.07.2012 52 Junagadh Dairy (Mother Dairy) - 10 Mr. Umakanta Barik GM 3.10 MA, LLB, FCS, LIII 20 28.01.2008 49 Biological E Limited - VC&MD: Vice Chairperson & Managing Director ED: Executive Director CFO: Chief Financial O ffi cer COO: Chief Operating O ffi cer Sr. VP: Senior Vice President Sr. GM: Senior General Manager GM: General Manager # Remuneration including salary, Perks & Performance/Annual Pay * Remuneration includes Salary & Performance incentive ** Gross Remuneration includes Monthly Remuneration, Variable Pay All the above appointment are contractual and they are not relative of any Director of the company except Mrs. N Bhuvaneswari and Mrs. N Brahmani are related to each other.