Deepak Fertilizers and Petrochemicals

Hello All,

I checked the following information on the topic above.

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What is the limit of remuneration to directors?

The overall limit on remuneration or salary payable to all managing directors or whole-time directors, collectively, is capped at a maximum of 11% of the net profits of the company.12 Feb 2024
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As per this guideline, Deepak Nitrite is not in violation of Corporate Governance topics.
I checked Annual Report of 2022 and 2023. Both figures seem to be in accordance to the policy above i.e. within 11% of NET profits.