Annexure-2 (A & B) Particulars Of Employee (As per Sub-section (12) of section 197 of the Act and rules made thereof as amended from time to time) A. Statement of particulars as per Rule 5 of the Companies (Appointment and Remuneration of Managerial personnel) Rules, 2014. The remuneration and perquisites provided to the employees andManagement are at par with the industry levels. The remunerations paid to the Managing Director and Senior Executives are reviewed and recommended by the Nomination and Remuneration Committee i. The ratio of the remuneration of each Director to the median remuneration of the employees of the Company for the financial year Sl No Name of the director Title Ratio of remuneration to MRE Sitting Fees 1 Mr. N Sri Vishnu Raju Non-Executive Independent Director 4:1 2 Mr. Rajesh Thakur Ahuja Non-Executive Independent Director 3:1 3 Mrs. Aparna Surabhi Non-Executive Independent Director 4:1 4 Mr. M P Vijay Kumar Non-Executive Independent Director 4:1 5 Dr. V Nagaraja Naidu Non-Executive Director 3:1 Remuneration 6 Mrs. N Bhuvaneswari Vice Chairperson & Managing Director 226:1 7 Mrs N Brahmani Executive Director 181:1 *Median Remuneration of Employees Note: Sl No 1 to 5 are related to sitting fees paid to Non-Executive Directors Sl No. 6 & 7 Remuneration includes monthly salary, perquisites and annual/performance pay ii. The percentage increase in remuneration of each Director, Chief Financial Officer, Chief Executive Officer, Company Secretary or Manager in the financial year Sl No Name of the director Title % Increase in Remuneration Sitting Fees* 1 Mr. N Sri Vishnu Raju Non-Executive Independent Director 49.06 2 Mr. Rajesh Thakur Ahuja Non-Executive Independent Director 23.21 3 Mrs. Aparna Surabhi Non-Executive Independent Director 57.14 4 Mr. M P Vijay Kumar Non-Executive Independent Director 426.67 5 Dr. V Nagaraja Naidu Non-Executive Director 74.36 Remuneration# 6 Mrs. N Bhuvaneswari Vice Chairperson & Managing Director (37.74) 7 Mrs N Brahmani Executive Director (37.73) 8 Dr. M Sambasiva Rao President (13.74) 9 Mr. Srideep M Kesavan CEO 58.10 10 Mr. A Prabhakara Naidu CFO 13.33 11 Mr. Umakanta Barik Company Secretary & Compliance Officer 5.87 * There was no increase in the Sitting fees as compared to the last year but the increase/(decrease) are based on the no of meetings attended by the Non-Executive Directors # Remuneration includes monthly salary, perquisites and annual/performance pay Heritage Foods Limited | 31st Annual report 2022-23 90
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