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Today’s edition
Remuneration

CIE AUTOMOTIVE INDIA LIMITED annual-report data sets an independent-director pay benchmark

Filed remuneration data provides a company-level benchmark for board and committee work.

Event: 31 Jul 2026·Published 06:55 am IST·CompanyCIE AUTOMOTIVE INDIA LIMITED annual report — director remuneration disclosureon record

At a glance

Company
CIE AUTOMOTIVE INDIA LIMITED (BSE 532756)
Fiscal year
2026-27
Board sitting fee
₹1.00 lakh
Committee sitting fee
₹40,000
Average ID remuneration
Not disclosed
Extraction confidence
medium

CIE AUTOMOTIVE INDIA LIMITED’s annual-report extraction records an average independent-director remuneration figure of Not disclosed and a board sitting fee of ₹1.00 lakh. These are disclosed pay facts and are presented as a benchmark, not as a judgment about value or performance.

The amounts are taken from the company’s annual-report remuneration tables and normalised to INR.

Where a component is not disclosed or could not be evidenced, it is shown as not disclosed rather than estimated.

Background & context

Independent-director remuneration can combine sitting fees, commission and other disclosed components.

Company-to-company comparisons should account for sector, board workload, committee assignments and the fiscal year.

The rules, explained

SEBI LODR — Regulation 19 (Nomination & Remuneration Committee)

SEBI LODR Reg. 19 · Companies Act s.178

The NRC must comprise non-executive directors, at least half of them independent, and must be chaired by an independent director. It owns board succession, the search for new independent directors, the fit-and-proper assessment of appointees, and the remuneration policy for directors and senior management.

Why it matters: The NRC is the committee that decides who joins the board — and what they are paid.

SEBI LODR — Regulation 25 (Independent directors' obligations)

SEBI LODR Reg. 25 · Companies Act Sch. IV

Independent directors are bound by a code (Schedule IV), meet separately at least once a year without management present, and are subject to detailed resignation-disclosure and tenure rules. The largest listed companies must also carry directors-and-officers (D&O) insurance for them.

Why it matters: It defines what independence actually obliges a director to do.

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What it means

The filed benchmark helps candidates and nomination committees calibrate expectations. It does not establish whether a remuneration level is high, low or appropriate for a particular mandate.

By the numbers

₹1.00 lakh
Board meeting fee
₹40,000
Committee meeting fee
Not disclosed
Average ID remuneration

The list

Four controls for remuneration benchmarking

  1. 1

    Match the year

    Do not compare different fiscal periods without adjustment.

  2. 2

    Separate components

    Sitting fees and commission measure different things.

  3. 3

    Account for committee load

    Audit, risk and NRC responsibilities change workload.

  4. 4

    Keep evidence

    Retain the annual-report page supporting each amount.

What to do

  • Compare like-for-like fiscal years and remuneration components.
  • Separate sitting fees from annual commission before benchmarking.
  • Use the source annual report where a decision depends on the exact component breakdown.

How it unfolded

  1. 2026-27

    Remuneration period disclosed in the annual report.

  2. Annual report filing

    The remuneration table entered the public record.

Questions & answers

What can independent-director remuneration include?

It can include board and committee sitting fees, commission and other permitted disclosed components. The mix differs by company.

Is a single-company number a market benchmark?

It is one filed observation. A robust benchmark compares sector, company scale, committee load and the same fiscal period.

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