Notice is hereby given that following recommendation of Nomination and Remuneration Committee of the Company in its meeting held to-day, 13th November, 2021, the Board of Directors of the Company in their meeting also held to-day, have bifurcated remuneration of the Company's Managing Director, Mr James Leacock McIntosh (DIN: 0009287829) on and from 1st September 2021, being his appointment date, inasmuch as he will receive from the Company remuneration to the extent of GBP 150,000 ( GBP One lac fifty thousand only) per annum in twelve equated monthly installments, after deduction of tax at source including on account of rent free furnished accommodation made available to him in India, and balance of his remuneration including allowances and perquisites from Company's Isle of Man subsidiary, IFGL Worldwide Holdings Limited.<BR>
|