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Thangamayil Jewellery Ltd.

BSE: 533158 Sector: Consumer
NSE: THANGAMAYL ISIN Code: INE085J01014
BSE 00:00 | 05 Mar 605.75 -8.40
(-1.37%)
OPEN

618.50

HIGH

620.75

LOW

602.60

NSE 00:00 | 05 Mar 607.35 -7.85
(-1.28%)
OPEN

615.20

HIGH

623.95

LOW

599.15

OPEN 618.50
PREVIOUS CLOSE 614.15
VOLUME 1770
52-Week high 675.20
52-Week low 216.90
P/E 10.21
Mkt Cap.(Rs cr) 831
Buy Price 607.00
Buy Qty 10.00
Sell Price 610.00
Sell Qty 69.00
OPEN 618.50
CLOSE 614.15
VOLUME 1770
52-Week high 675.20
52-Week low 216.90
P/E 10.21
Mkt Cap.(Rs cr) 831
Buy Price 607.00
Buy Qty 10.00
Sell Price 610.00
Sell Qty 69.00

Thangamayil Jewellery Ltd. (THANGAMAYL) - Director Report

Company director report

FOR THE YEAR ENDED 31ST MARCH 2019

INFORMATION PURSUANT TO SECTION 197(12) READ WITH RULE 5 OF THE COMPANIES(APPOINTMENTAND REMUNERATION OF MANAGERIAL PERSONNEL) RULES 2014

c The ratio of the remuneration of the each director to the median remuneration of theemployees of the company for the financial year.

S.No Name of the Director Ratio of the remuneration to the median remuneration of the employees
1 Balarama Govinda Das 46:1
2 Ba. Ramesh 46:1
3 N.B.Kumar 46:1

c The percentage increase in the remuneration of each Director Chief FinancialOfficer Chief Executive Officer Company Secretary or Manager in the financial year.

S.No Name of the Director Percentage Increase in the remuneration
1 Balarama Govinda Das 20%
2 Ba. Ramesh 20%
3 N.B.Kumar 20%
4 CS.V. Vijayaraghavan - Company Secretary Nil
5 B. Rajeshkanna - Chief Financial Officer Nil

C The percentage increase in the median of remuneration of employees in the financialyear. - 15%

C The number of permanent employees on the rolls of Company - 1361

C The explanation on the relationship between average increase in remuneration andCompany Performance - During the year company achieved profit of Rs. 3025 lakhs asagainst net profit after tax of Rs. 2274 lakhs in the previous year. A registered growthof bottom line by 33% as against in which the directors of the Company increased theirremuneration by 20%.

C Comparison of the remuneration of the Key Managerial Personnel against theperformance of the Company.

Name of the Director Designation Remuneration of Key Managerial Personnel ' in lakhs Performance of the Company for the year ended 31st March 2019
Balarama Govinda Das Managing Director 72.00

During the year company achieved profit of Rs. 3025 lakhs after tax as against net profit after tax of Rs. 2274 lakhs in the previous year.

Ba. Ramesh Joint Managing Director 72.00
N.B.Kumar Joint Managing Director 72.00
CS.V. Vijayaraghavan Company Secretary 15.50
B. Rajeshkanna Chief Financial Officer 28.80

C Variations in the market capitalization of the company price earnings ratio as atthe closing date of the current financial year and previous financial year and percentageincrease over decrease in the market quotations of the shares of the company in comparisonto the rate at which the company came out with the last public offer.

S.No Name of the Director As at 31st March 2019 As at 31st March 2018 % performance
1 Market Price in ' 333.35 488.10
2 Market Capitalization in ' lakhs 45711 66965 32% decrease
3 EPS 22.05 16.58
4 Price Earnings Ratio 15.10 29.44

Percentage increase over the last public offer price is not relevant and appropriate asthere has never been any public offer by the Company in the last Nine years.

c Average percentile increase already made in the salaries of employees other than themanagerial personnel in the last financial year and its comparison with the percentileincrease in the managerial remuneration and justification thereof and point out if thereare any exceptional circumstances for increase in the managerial remuneration.

• Average increase in the remuneration of all employees excluding KMPs: 15%

• Average increase in the remuneration of KMPs: 20%

• Justification: KMP salary increases are decided based on the Company'sperformance Individual performance inflation prevailing

• industry trends and benchmarks.

c Comparison of the remuneration of each of the Key Managerial Personnel against theperformance of the Company.

Each KMP is granted salary based on his qualification experience nature of jobindustry benchmark earlier salary and many other factors comparison of one against theother is not feasible. Performance of the Company has been quite satisfactory this year.

• The Key parameters for any variable components of remuneration availed by thedirectors - Nil

• The ratio of the remuneration of the highest paid director to that of theemployees who are not directors but receive remuneration in excess of the highest paiddirector during the year - Nil

• We affirm that the remuneration is as per the remuneration policy of the Company-Yes

ANNEXURE TO DIRECTORS REPORT FORTHEYEAR ENDED 31ST MARCH 2019

c Statement u/s.197 (12) of the Companies Act 2013 read with the Companies(Appointment and remuneration of Managerial Personnel) rules 2014 and forming part of theDirectors report for the year ended 31st March 2019.

a Employed throughout the year and were in receipt of remuneration at the rate of notless than Rs. 60.00 lakhs per annum.

Name of the employee Date of Joining Designation Qualification Age Experience

Years

Remuneration ' in lakhs Last

Employment

Balarama Govinda Das 03.05.2001 Managing Director B.Com 62 38 72.00 Promoter Director
Ba.Ramesh 03.05.2001 Jt. Managing Director SSLC 57 26 72.00 Promoter Director
N.B.Kumar 03.05.2001 Jt. Managing Director SSLC 51 20 72.00 Promoter Director

a Employed for part of the year and were in receipt of remuneration at the rate of notless than Rs. 5.00 lakhs per month : None Notes:

v Remuneration shown above includes Salary House Rent Allowance Companiescontribution to provident fund LTA and other perquisites.

v Nature of Employment is contractual.

v The above Directors are related to each other as brothers.

On behalf of the Board of Directors

Balarama Govinda Das

Managing Director

.