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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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