A JimSTEEL AUTHORITY OF INDIA LIMITED

RefNo.CA-17(44)/2021 Dated: 9^^ November, 2021

The General Manager (MO)Bombay Stock ExchangeCorporate Relationship Departmentist Floor, New Trading Ring,Rotunda Building, P.P. Tower,Dalai Street, Fort,Mumbai-400001

The Asstt. Vice PresidentNational Stock Exchange of India LtdPlot No.C/l,G Block,Bandra-Kuria Complex, Bandra (East),Mumbai-4fl0 051.

Sub: Disclosure of Related Party Transactions

Dear Sir,

terms of Regulation 23(9) of SEBI (LODR) Regulations, 2015 please find

Yours faithfully,For Steel Authority of India Limited

r

(M B Balakrishnan)Company Secretary

End: As Above

1^. cTt^ ^ : 110 003, : 011-2436 7481-86, : 011-2436 7015, : www.sail.co.inIspat Bhawan, Lodi Road, New Delhl-110 003, Phone : 011-2436 7481-86, Fax : 011-2436 7015, Website : www.sail.co.in

PAN No. AAACS7062F Corporate identity No. L27109DL1973 G01006454

?7 ^ f^SSUff ̂ ̂ g3fT t ̂ There's a little bit ofSAiL in everybody's life

In accordance with the Section 2(76) of Companies Act, 2013 and Indian AccountingStandard-24, following Companies have been considered as Related Parties of theCompany for the Half Year ended 30th Sept, 2021;

Subsidiary, Joint Venture, Associate, Other Companies & Trustscovered under Section 2(76) of Companies Act 2013 & IND AS-24

SI. No. Name of the related party Nature of

relationship

1. IISCO Ujjain Pipe & Foundry Co. Limited $ Subsidiary Company

2. SAIL Refractory Company Limited - do -

3. SAIL Sindri Projects Limited (a), - do -

4. Chhattisgarh Mega Steel Limited -do-

5. NTPC-SAIL Power Co. Limited Joint Venture

6. Bokaro Power Supply Co. Private Limited - do -

7. SAIL Bansal Service Centre Limited - do -

8. mjunction services limited - do -

9. BhilaiJaypee Cement Limited - do -

10. S & T Mining Co. Private Limited (S), - do-

11. SAIL MOIL Ferro Alloys Private Limited - do-

12. International Coal Ventures Private Limited - do-

13. SAIL SCI Shipping Private Limited (S), -do-

14. SAIL SCL Kerala Limited - do-

15. SAIL RITES Bengal Wagon Industry Private Limited - do -

16. SAIL Kobe Iron India Pvt. Limited - do-

17. SAIL Bengal Alloy Castings Pvt. Limited * - do -

18. Prime Gold SAIL JVC Limited - do -

19. VSL SAIL JVC Limited - do -

20. Abhinav SAIL JVC Limited * - do -

21. UEC-SAIL Information Technology Limited (a). - do -

22. Romelt-SAIL (India) Limited (a), - do -

23. NMDC SAIL Limited m - do -

24. Bastar Railway Private Limited - do -

25. GEDCOL SAIL Power Corporation - do -

26. Almora Magnesite Limited Associate

27. ICVL Mauritius Covered under IND

AS -24

28. Riverdale Mining (PTY) Limited (RML) -do-

29. Minas De Banga (Mauritius) Limited Mozambique -do-

30. ICVL Zambeze Mauritius Limited (S), -do-

31. ICVL Ventures Mauritius (% -do-

32. Promark Services Limited RPU (2), -do-

33. Benga Power Plant (Mauritius) Limited (a), -do-

34. Minas De Benga LDA -do-

35. ICVL Zambeze LDA -do-

36. BengaEnergia SA (a), -do-

37. HSL BSP Provident Fund, Bhilai -do-

38. DSP Provident Fund, Durgapur -do-

39. Hindustan Steel Ltd Contributory Provident Fund, -do-

Rourkela

40. Bokaro Steel Employees Provident Fund, Bokaro -do-

41. IISCO Limited Provident Institution, Burnpur -do-

42. IISCO Limited Provident Institution, Kolkata -do-

43. IISCO Limited Works Provident Fund, Burnpur -do-

44. SAIL ASP Provident Fund, Durgapur -do-

45. Salem Steel Provident Fund, Salem -do-

46. Visvesvaraya Iron And Steel Plant EmployeesProvident Fund Trust, Bhadravati

-do-

47. SAIL Provident Fund, New Delhi -do-

48. Hindustan Steel Provident Fund, Ranchi -do-

49. Hindustan Steel Limited, Central Purchase

Organisation, Sales & Transport, Calcutta ProvidentFund

-do-

50. Bharat Refractories Provident Fund, Bokaro -do-

51. IFICO Provident Fund, Ramgarh -do-

52. CCSO Provident Fund, Dhanbad -do-

53. SAIL RMD Establishment and Administrative

Offices Employees Provident Fund, Kolkata

-do-

54. Bolani Ores Mines Provident Fund , Bolani -do-

55. SAIL Employees' Superannuation Benefit Fund -do-

56. SAIL Gratuity Fund -do-

57. SAIL Pension Fund -do-

The liquidator has realized the assets of the Company and the distribution is inprocess.

These Companies have initiated the process of winding up.These Companies are in the process of winding up.

The details of such transactions, carried out on arm's length basis, for the Half Yearended 30th Sept, 202! are placed at Annexure-I.

The details of contracts between the Company and Other Companies, as Related Parties,are placed at Annexure-ll.

During the Half Year ended 30th Sept, 2021, there is no transaction between SAIL andthe following Companies, as Related Parties:

Sl.

No.

Name of the related party

1. IISCO Uiiain Pipe & Foundry Co. Limited

2. SAIL Sindri Projects Limited

3. Chattisgarh Mega Steel Limited

4. SAIL SCI Shipping Private Limited

5. SAIL Kobe Iron India Pvt. Limited

6. SAIL Bengal Alloy Castings Pvt. Limited

9. Abhinav SAIL JVC Limited

10. Prime Gold SAIL JVC Limited

11. VSL SAIL JVC Limited

12. SAIL-MOIL Ferro Alloys Private Limited

13. SAIL SCL Kerela Limited

14. NMDC SAIL Limited

15. UEC-SAIL Information Technology Limited

16. North Bengal Dolomite Limited

17. Romeit-SAIL (India) Limited

18. Riverdale Mining (PTY) Limited (RML)

19. ICVL Zambeze Mauritius Limited

20. ICVL Ventures Mauritius

21. Promark Services Limited RPU

22. Benga Power Plant (Mauritius) Limited

23. ICVL Zambeze LDA

24. BengaEnergia SA

Further, as per decision of SAIL Board in its 278''^ meeting held on 21®^ March, 2002,Chairman, Functional Directors/Executive Directors In-charge, ManagingDirectors/Acting Managing Directors, Executive Directors In-charge of Plants/Units andCompany Secretary have been designated as 'Key Management Personnel' for thepurpose of compliance of IND AS-24 and Companies Act, 2013. The details of theremuneration paid to the Key Management Personnel of the Company are placed atAnnexure-III.

Annexure-I

Deta

ils of tra

nsac

tion

s >v

ith the Re

late

d Party Companies for

the Half Year ended 30t

h September, 2021Rs. in crore

SI.

No.

Transactions during the

Quarter

Name of the Related Partv Company

SAIL

Refr

acto

ry

Company

Limited

NTFC

SAIL

Power

Company

Pvt.

Limited

Bokaro

Power

Supply

Pvt.

Limited

Mjunction

Services

Limited

SAIL

Bansal

Services

Centre

Limited

Bhilai

Jaypee

Cement

Limited

Interna

-tionai

Coal

Ventures

Pvt.

Limited

SAIL Rites

Bengal

Wagon

Indu

stry

Private

Limited

PRIME

GOLD

SAIL

JVC

LTD.

Minas

De Banga

(Mauritius)

Limitada

Mozambique

Aimora

Magnesite

Limited

PF

Trusts

Gratuity

Trust

Pension

Fund

Trust

Total

!. 0 ii)

Sale of eoods bv the Comnanv to the

related pa

rtv

Fini

shed

pro

duct

s

Fuel - HSD Oil

0.29

--

.-

2.7)

--

--

--

-3.00

--

--

--

--

--

--

-0.00

2.

0 li)

lii)

IV)

Boiier/MiddlinE coal/other

items/services sunt^lied bv the

Comoanv to rel

ated

oartv

Boil

er Coal

Coke/Middlings Coat

CO Gas

BF Gas

-

226.53

--

.-

.-

--

--

-226.53

-160.07

--

--

--

--

--

-160.07

.22.56

2651

--

.-

--

--

--

49.07

.0.24

96.05

..

--

--

--

--

96.29

3. i) ii)

4

Transactions of fi

nanc

ial nature with

related pa

rtv

Investments made by the company in

the shares of the Joint Venture

Advance for

pur

chas

e of sh

ares

paid

(+)/

Adju

sted

(-)

Inte

rest

eamed /received by SAIL pla

0.00

461

.

4.6!

--

.-

--

--

--

--

-0.00

5

i) ii)

Services sunnlied bv the

Comnanv

to rel

ated

i>artv

Towhship Services

Other services

.

3.92

0.22

0.0!

0.02

0.29

--

--

--

-4.46

0.87

5.55

--

--

-1.53

--

--

-7.9S

6

i) li)

7

i) ii)

ill)

Purchase of eoods bv ihe

Contoanv from rel

ated

par

tvRaw malerials

Stores & spa

res

0.73

..

..

.-

--

470.12

3.42

--

474.27

109 69

.-

--

.-

.-

--

-.

109.69

Services received bv the Comr>anv

from

related partv

Auction Ser

vice

s

Conversion Ser

vice

s

Electricity/Steam purchased (net of

Boiler/Middling Coal sup

plie

d)

-.

-

28.10

..

-.

--

--

-28.10

.-

--

0.30

.-

-18.05

--

--

18.35

765.02

419.24

,.

..

1184.26

8Dividends received during th

e period

4.86

25.00

12,40

..

.

42.26

9

Contribution to various Provident Fund

Trusts by Company dur

ing th

e pe

riod

361.15

361.15

10

Contribution to Gratuity Fund Trust by

Comoanv diiiinv the period

..

..

..

__

_.

0.00

0.00

II

Cont

ribu

tion

to Pension Fund Tru

st by

Comoanv dunni: the oeriod

..

..

..

__

..

-1307.58

1307.58

1 1

Annexure-II

Deta

ils of contracts wit

h re

late

d parties

Rs. in lakhs

SI.

No.

Name of SAIL

plant/ooit hav

ing

transactions

Name of rel

ated

party

Contract No.

Date and

Duration of

contract with

rela

ted party

Particulars of

contract

Total amount of

Contract payable

to (+)/ receivable

from (-)

rel

ated

party

Amount paid

to/received from

{-) related party

upto3isl March,

2021

Amount payable

to/receivable

from (-) related

party under the

contract as on 1st

April. 2021

Amount rec

eiva

ble (-)

towards goods/ services

rend

ered

/ payable

towards goo

ds/ services

rece

ived

during 1.4

.202

1

to 30.09.2021

Amount paid to/

received from (-)

related party

during 1.4

.202

1 to

30.09.2021

Outstanding amount

payable to/ receivable

from

(-|/

rela

tcd pa

rty as

on 30.09.2021

1

Bhilai Ste

el Plant

Alin

ura Ma

gnes

ite Li

mite

d4140031995,

4140036244.

4140039464.

4140040710

13.08.2013to

31.05.2015 -

continuous

Purchase of

Material- Dead

Burnt Ma

gnes

ite

0.00

0.00

0.00

0.00

2

Bhilai Steel Plant

NTPC-SAIL Power Co.

Private Limited

PP-2

Power Purchase

Agreement -La

nd

Lease deed for

74MW Cap

tive

Cost

plu

s basis

18594.08

54489.81

56557.84

16526.05

3

Bhilai Ste

el Pla

ntNTPC-SAE. Power Co.

Private Limited

PP-3

Power Purchase

agreement fo

r

supply of Power to

Bhilai Steel Plant

As per Cen

tral

Electricity

Regu

lato

ry

Commission

4

Bhilai Steel Plant

mjunction seivices limited

Reverse and

Forward

Auction services

As per MOU

Various ru

nnin

gcontracts based on

MOU

1136.89

853.62

761.76

1228.75

5

Bhilai Steel Plant

Bhil

ai Jaypee Cement

Limited

Lease Deed

05-06-2007 -

continuous

Long Term Lease

of Land at Bhilai —

For setting up and

Annual Ground

Rent and Service

charges ar

e

-176.77

-28.83

-6.54

-199.06

6

Bhilai Steel Plant

Bhil

ai Jay

pee Cement

Limited

Slag

Sal

e and

Water Supply

05-06-2007 -

continuous

Slag

Sal

e (Long

Term Sla

g Sa

le

and Water sup

ply

Agreement — BSP

BSP to supply

IMT slagp.a.

(ini

tial

12 mon

ths;

0.8 MT onl

y)

-257.97

-270.86

-269.73

•259.10

7

Bhilai Steel Plant

Bhil

ai Jaypee Cement

Limited

Slag

Sal

e and

Water Supply

05-06-2007 -

continuous

T/S services

povided by BSP

As per

Mutual

Agreement rates

on montWv otv

8Bh

ilai

Ste

el Plant

Bhil

ai Jay

pee Cement

Limited

Slag

Sal

e and

Water Sutsnlv

05-06-2007 -

continuous

Track Sh

arin

g

orovided bv BSP

As per Mutual

Agreement

-368.22

0.00

-5.00

-363.22

9

Bhilai Steel Plant

Bhilai Jaypee Cement

Limited

Slag

Sal

e an

dWater Supply

Area

Development

work by BSP

As per

Mut

ual

Agreement

0.00

0.00

0.00

0.00

10

Bhilai Ste

el Pla

ntSAIL MOIL Feno All

oys

Private Limited

MOU

25-08-2009 -

continuous

Land Lease

agreement a)

Lease Premium

-1200

0.00

0.00

0.00

0 00

000

11

Bhilai Ste

el Plant

SAIL MOIL Ferro All

oys

Private Limited

MOU

25-08-2009 -

continuous

b) Annual Ground

Rent

Rs 12 Lakh +

service tax n a

0.00

Annexure-l) (Contd..)

Details of contracts with rel

ated

parties

Rs. in lakh

SI.

No.

Name of SAIL

plant/unit having

transactions

Name of related par

tyContract No.

Date and

Duration of

contract

with related

party

Particulars of

contract

Total amount of

Cont

ract

payable to

(-)■)

/ rec

eiva

ble

fro

m (

) re

late

d pa

rty

Am

ount

pai

dto

/rccciv

ed

fro

m (

-) r

elat

edpa

rty u

pto

31st

Ma

rch

, 20

21

Am

ou

nt

paya

ble

to/r

ece

iva

ble

fro

m (

-) r

elat

edpa

rty u

nder

the

co

ntr

act

as

on 1

st A

pril,

2021

Am

ou

nt

rece

iva

ble

(-)

tow

ards

goo

ds/

serv

ices

re

nd

ere

d/

paya

ble

tow

ards

good

s/ s

ervi

ces

rece

ived

dur

ing

1.4

.20

21

to

30.0

9.20

21

Am

ount

pai

d to

/ rec

eive

dfro

m (-

) re

late

d pa

rtydu

ring

1.4.

2021

to

30

.09

.20

21

Out

stan

ding

amou

nt p

ayab

leto

/ re

ceiv

ab

lefr

om(-

>/r

clat

edp

art

y as

on

30.0

9.20

21

1B

okar

o S

teel

Pla

ntBo

karo

Pow

er S

uppl

yCo

mpa

ny P

vt.

LTD

Pu

rch

ase

of

Ele

ctric

ity14

346.

7241

923.

7141

533

0014

737

43

Est

ate

Due

s-8

.21

-22

.03

-20.

31-9

.93

2-d

o-

Mju

nctio

n Se

rvice

s Li

mite

d

Au

ctio

n

Ser

vice

s2

65

.00

383

0051

3 00

135

00

Est

ate

Due

s-1

.53

-0.9

9-1

.02

-1 5

0

CM

MG

/RA

/FA

/11

-12

Au

ctio

n

Ser

vice

s0.

002.

232.

230.

00

Au

ctio

n

Ser

vice

s18

,10

18.1

0

3-d

o-

SA

IL B

ansa

l S

ervi

ce C

entr

e

Lim

ited

Co

nve

rsio

n

Se

rvic

es

30

24

30.2

4

Est

ate

Du

es

-10.

43-2

.28

-7.7

7-4

.94

1IJ

SC

O S

teel

Pla

ntM

junc

tion

Serv

ices

Ltd

Diff

ere

nt

Invo

ices

-

Au

ctio

n

Ser

vice

s4

57

2.0

545

72.0

50

.00

436.

3243

6.32

0.0

0

2-d

o-

-do-

Invo

ices

for

Tow

nshi

pS

ervi

ces

-

Tow

bshi

pS

ervi

ces

-5.8

5-5

.82

-0,0

30

.00

0.00

-0.0

3

3-d

o-

Alm

cHa

Mag

nesi

te L

imite

dD

iffer

ent

Pur

chas

e O

rder

s-

Supp

ly o

f Sto

res

item

s22

.05

22

.05

0.00

0,0

00.

000

.00

IA

lloy

Stee

ls Pl

ant

Mju

nctio

n Se

rvice

s Lt

dP

/AS

P/E

PS

/14-

17/3

EP

S-

$L

A.R

A.F

A41

.08

34.3

142

.64

32

.75

Annexure-II (Contd..)

Details of contracts wit

h related parties

Rs. in lakh

SI. No.

Name of SAIL

Plant/Unit

having

Iransactiou

Name of related party

Contract No.

Date and

duration of

contract with

related pa

rty

Particulars of contract

(along with material

terms of contract

incl

udin

g value)

Total amount of

Cont

ract

payable

to (+)/ rec

eiva

ble

from (-) related

party

Amount pai

d

to/received

from (•)

related pa

rty

uptu 3Ist

March, 2021

Amount

payable

to/receivable

from (-) rel

ated

party under the

contract as on

1st Ap

ril,

202

1

Amount

receivable (•)

towards goods/

services rendered/

payable to

ward

sgoods/ services

received during

1.4.2021 to

30.09.2021

Amount pai

d

to/ received

from (-)

related pa

rty

during

1.4.2021 to

30.09.2021

Outstanding

amount

payable to

/

receivable

from(->/related

party as on

30.09.2021

1Salem Ste

el

Plant

mjunction se

rvic

es lim

ited

(Joi

nt Venture)

MOU dated

17/12/2020

01/08/2020 to

31/07/2023

e-bu

ying

(Reverse

Auction) and

e-se

llin

g

(For

ward

Auction ser

vice

s

115.48

27.78

81.24

80,78

28,24

2-do-

mjunction se

rvic

es limited

(Joi

nt Venture)

LOA dated

09 06 2018

01.07.2018 to

30,06 2021

Service le

vel ag

reem

ent

for Enterprise

Procurement System

84 16

89.55

000

16.43

16.43

0.00

3-do-

SAIL SCL Kerala Limited

ALL RtilJUHM

No. Nil Dated

02.0

2.20

12 against

which SSP issued

Desp

atch

order PU-

Sale ofHeavy Mel

ting

Scrap

140,73*"

0.00

140.73

0.00

0,00

140.73

4-d

o-

SAIL RITES BENGAL

WAGON INDUSTRY PVT

LTD

SALE OF SS

COILS/SHEETS (SSP

FINISHED PRODUCTS)

1054 49

1054.49

1

CHANDRAPU

RFERRO

ALLOY

PLANT

M JUNCTION SERVICES

LIMITED

NIL

5/6/2018 to

4/06/2021

End to End Procurement

142.00

105.32

6 40

21.15

17.39

10.16

2-do-

M JUNCTION SERVICES

LIMITED

SAIL-

CFP/MM/EPS/18-

19/PS/

l/7/2018to30/06/2

021

Renewal of EPS-SLA

79.83

65.75

7.04

14.30

14.09

7.26

3-do-

M JUNCTION SERVICES

LIMITED

NIL

RA/FA

91 89

0.00

16.82

14.62

2.20

1.VISL

Mjun

ctio

n Services Limited

VARIOUS

CONTRACTS

AUCTION SERVICES

3.89

19 13

22.94

0.08

2.

-do-

SAIL SCL Kerala Limited

SALE OF SCRAP

208.77

0.00

0.00

208.77

Deta

ils of

con

trac

ts with re

late

d parties

Annexure-ll (Contd..)

Rs. in lakh

SI. No.Name of SAIL

plant/unit having

transactions

Name of related par

t>'

Contract No.

Date of contract

with related

party

Duration of

contract with

rela

ted party

Particulars of

contract

Total amount

of Contract

paya

ble to (+)

/

receivable

from (-1

related party

Amount paid

to/received from

[-) re

late

d pa

rty

upto

3ls

t March,

2021

Amount payable

to/receivable from

(-) rel

ated

parly

under the contract

as on I

sl Apr

il,

2021

Amount receivable (-)

towards goods/ services

rendered/ payable

towards go

ods/

services

rece

ived

during

1.4.2021 to 30.09.2021

Amount paid to

/

rece

ived

from (•)

related pa

rly

during 1.4.2021 to

30.09.2021

3ulstunding

amount pay

able

to/ receivable

rrom(-)/relaied

[>arly as on

30.09.2021

1

RMD

Mjun

ctio

n Se

rvic

es Lid

MOUDATE-31.07-2016

and Continuation of

service level Agreement

dated I4-09-20I6 and

anot

her agreement

dated

71 17 7niA

Enterprise

Procurement

Syst«n

784.51

419.18

105.92

477.52

47.58

2.

• do*

-do-

MOU dated 14 09.2016

E-buying/RA

for pr

ocur

emen

t

of goo

ds &

services

808.34

36.00

8.00

44.00

0.00

1SRU RANCW ROAD

Almora Mag

nesi

te

SRU/RR/RM/DBM 2013-

14/22 DT.

19.1

0.20

13Purchase of Raw

Material

0.00

0.28

24,15

24.43

0.00

2.

SRU Bhilai

Almora Magnesite

17008. OT 20.04.2017

Purchase of Raw

Material

0.27

317.85

294.92

23.20

3SRU Bhilai

Metal Junction

18 Dated 10.06.2014

RA& FA Services

0-00

0.00

0-00

19.34

19.34

0.00

4SRU RANCHI ROAD

Metal Junction

SRU/HO/2014-15/M

JUNCTION/BACK-

UP/PO/18

DT.10.06.2014

RA & FA Services

0.00

0.00

1.11

1.11

0.00

5SRU BHANDARIDAH

Metal Junction

1107

17 10.17

0.00

2.40

0.00

2.40

0.00

6SRUinco

Metal Junction

1107

17.10.17

0.00

0.00

19.04

19.04

0.00

7Metal Junction

1107

17.10.17

0.00

0.00

18.66

18.66

0.00

gSRU BOKARO

Metal Junction

END TO END

PROCUREMENT PO

19-20

0.00

0.00

42.79

42.79

0.00

1RDOS

-do-

As per the Corporate

Agreement

As per the

Coipoiate

Agreement

Reverse Auc

titH

t

Services to SAIL

Plants/ Units

NA.

0.00

0.00

20.67

20.67

0.00

2CET

Boka

ro Power Supply Co.

Private Ltd.

N.A,

N.A.

CET

Consultancy

Charaes

N.A.

0.00

-20.35

0.00

0.00

-20.35

Annexure-III

Details of Remuneration of Key Management Personnelfor the Half Year ended 30"* Sept, 2021

SI.

No.

Name of the KeyManagementPersonnel

(S/Shri)

Present/Last Designation Period for which

remuneration drawn

as Key ManagementPersonnel

Remun

eration

(Rs. in

lakh)*

I. Ms. Soma Mondal Chairperson &Director (Commercial)Director (Personnel)

01-04-2021 to 30-09-2021 31.80

2. Harinand Rai Director (Technical, Project &Raw Material)

01-04-2021 to 30-09-2021 25.14

3. Amit Sen Director (Finance) 01-04-2021 to 30-09-2021 24.89

4. A. Dasgupta Director (I/c), BSP 01-04-2021 to 30-09-2021 18.94

5. D Chattaraj CEO, RSP 01-04-2021 to 31-07-2021 15.32

6. AV Kamlakar CEO, ISP & DSP 01-04-2021 to 30-09-2021 20.65

7. Amarendu Prakash Director (I/c), BSLAdditional charge of RSP

01-04-2021 to 30-09-2021

01-08-2021 to 30-09-2021

18.58

8. Jagdish Arora Executive Director, CET 01-04-2021 to 30-09-2021 20.45

9. Ms. K. Raman Executive Director, MTI 01-04-202! to 30-09-2021 21.43

10. Sanjeev Taneja Executive Director, SSP 01-04-2021 to 30-09-2021 20.92

11. S Subbaraj Executive Director, ASP 01-04-2021 to 30-09-2021 18.69

12. Surajit Mishra Executive Director, VISL 01-04-2021 to 30-09-2021 15.93

13. Ajay Arora Executive Director, RDCIS 01-04-2021 to 31-05-2021 7.74

14. Nirvik Banerjee Executive Director, RDCIS 01-06-2021 to 30-09-2021 13.43

15. M V Zode Executive Director, CFP 01-04-2021 to 30-09-2021 30.46

16. Rajeev Sehgal Executive Director, SRU 01-06-2021 to 30-09-2021 14.60

17. M P Singh COM I/c, SRU 01-04-2021 to 31-05-2021 6.12

18. CN Bhattacharya COM, SOW - Kulti 01-04-2021 to 30-09-2021 20.78

19. MB Balakrishnan Company Secretary 01-04-2021 to 30-09-2021 23.75

♦Remuneration for the period includes basic pay, deamess allowance, city compensatory allowance, company'scontribution to provident fund, all other allowances, performance related pay payments, reimbursement ofmedical expenses, salary revision arrears, estimated value of perquisites, estimated value for gratuity, estimatedvalue for leave encashment and excludes the value of medical treatment in Company's hospitals & provision forpension benefits.