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Laurus Labs Limited — Management Reports 2019
Nov 6, 2019
62639_rns_2019-11-06_5cc9f46d-d304-4a9f-b7be-87c9e035ac40.pdf
Management Reports
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| The table below describes the name of the Related Parties and relationship: | The table below describes the name of the Related Parties and relationship: |
|---|---|
| Name of the Related partyRelationship | |
| a) Enterprise over which Key Management | Personnel exercise |
| significant influence | |
| i) Laurus Infosystems (India) Private Limited | |
| b) Key Management Personnel | |
| i) Dr. C. Satyanarayana | Whole Time Director & |
| Chief Executive Officer | |
| ii) Mr. V.V. Ravi Kumar | Executive Director & |
| Chief Financial Officer | |
| iii) Mr. C. Chandrakanth | Executive Director |
| iv) Dr. C.V.Lakshmana Rao | Executive Director |
| v) Mr. Ramesh Subrahmanian | Independent Director |
| vi) Mrs. Aruna Rajendra Bhinge | Independent Director |
| vii) Mr. Rajesh Chandy | Independent Director |
| viii) Dr. M.Venu Gopala Rao | Independent Director |
| ix) Dr. Ravindranath K | Independent Director |
| x) Mr. G Venkateswar Reddy | Company Secretary |
| c) Relatives of Key Management Personnel | |
| i) Mr. C. Narasimha Rao | Brother of Dr. C. Satyanarayana |
| ii) Mr. C. Chandrakanth | S on-in-Law of Dr. C. Jsatyanarayana |
| iii) Mr. C. Krishna Chaitanya | Son of Dr. C. Satyanarayana |
| iv) Mrs. C. Soumya | Daughter of Dr. C. Satyanarayana |
| The table below describes transactions during the half year ended September 30, 2019: (f in Million) | |
| ParticularsFor the half year ended | |
| September 30,2019 | |
| a) Enterprise over which Key Management | Personnel exercise significant |
| influence | |
| b) Key Management Personnel | |
| i) Salaries and other employee benefits to whole time directors and110.60 | |
| executive officers | |
| ii) Rent paid to Mr.V.V.Ravi Kumar, Executive Director0.45 | |
| iii) Commission and other benefits to independent directors6.70 | |
| c) Relatives of Key Management Personnel | |
| i) Salaries and other employee benefits to relatives of Key7.98 | |
| management personnel | |
| (excluding the salary ofMr.C. Chandrakanth whose salary is covered item b(i) above | |
| ii) Rent paid to Mrs.C.Soumya, relative of Executive Director0.89 | |
| Total126.62 | |
| For Laurus Labs Limited~^' | |
| ^ |
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