EX-4.96



 Exhibit 4.96 

ADDENDUM 
 SERVICE
AGREEMENT 
 SESA STERLITE LIMITED 

AND 
 DINDAYAL JALAN

 Sesa Sterlite Limited (Formerly known as Sesa Goa Limited) 

Registered Office: Sesa Ghor, 20 EDC Complex, Patto, Panaji (Goa) - 403 001 

T +91-832 246 0600 F +91-832 246 0690 www.sesasterlite.com 

CIN: L13209GA1965PLC000044 







 This Addendum No. 1 to the Service Agreement dated 1st
April, 2014 entered by and between Sesa Sterlite Limited (hereinafter referred to as “the Company”) and Dindayal Jalan is necessitated to incorporate the reappointment of Mr. Dindayal Jalan as a “Whole Time Director and Chief
Financial Officer” of the Company for the period October 01, 2014 to September 30, 2016 on remuneration as recommended by the Managerial Remuneration Committee by its Meeting dated September 05, 2014 and approved by the
shareholders vide postal ballot results declared on October 11, 2014. 
 NOW THEREFORE in view of the above, Mr. Dindayal Jalan, the Whole
Time Director and CFO of the Company shall in consideration of his services to the Company be entitled to receive remuneration by way of salary, allowances, Bonus and perquisites as set out bclow:- 

Remuneration effective from October 01, 2014 
  

			
	 Components
	  	 Amount

	Fixed Pay	  	Effective 1st October 2014 Fixed pay will be Rs 300 lacs to Rs 500 lacs pa (with such annual/special increments as may be decided by the Board or any Committee thereof in its
absolute discretion from time to time)
		
	Annual Bonus / Performance Pay	  	Upto a 150% of Fixed pay subject to achievement of performance targets. Annual Bonus scheme in line with company policy.
		
	Stock Options	  	In line with Performance Share Plan scheme with value of grant upto 150% of fixed pay.
		
	Additional HRA	  	Rs 9 Lacs pa or as approved by the Board or Committee from time to time will be paid till he is posted in New Delhi
		
	Medical Reimbursement, Car Benefit & Club Membership Fees, Personal Accident/ Mediclaim Policy	  	As per company policy.
		
	Minimum Remuneration	  	In case of absence or inadequacy of profits in any financial year, the Company shall pay Mr. DD Jalan remuneration by way of salary and perquisites as decided by the Board or any Committee thereof from time to time as minimum
remuneration, with the approval of Central Government, if necessary


  
 Sesa Sterlite Limited (Formerly
known as Sesa Goa Limited) 
 Registered Office: Sesa Ghor, 20 EDC Complex, Patto, Panaji (Goa) - 403 001 

T +91-832 246 0600 F +91-832 246 0690 www.sesasterlite.com 

CIN: L13209GA1965PLC000044 








 All other terms and conditions of the Service Agreement dated 1st April, 2014 shall remain valid and
unaltered. 
 The parties referred above have agreed that this Addendum No. 1 to the said Service Agreement dated 1st April, 2014 shall form an
integral part of the Agreement. 
 IN WITNESS WHEREOF the Company has been executed on the day and year first herein above written. 

Signed by the above named Whole Time Director 
 and CFO, MR.
DD JALAN 
  
 



 
 Signed by Mr. THOMAS ALBANESE for on 

behalf of Sesa Sterlite Limited 
  
 



 
 IN WITNESSES: 
  

					
	1.	  	 RAJIV CHOUBEY
 CS & AVP Legal

Sesa Sterlite Ltd.
	  	/s/ Rajiv Choubey
			
	2.	  	 KAVITHA PILLAI
 Sesa Sterlite Ltd
	  	/s/ Kavitha Pillai


  
 Sesa Sterlite Limited (Formerly
known as Sesa Goa Limited) 
 Registered Office: Sesa Ghor, 20 EDC Complex, Patto, Panaji (Goa) - 403 001 

T +91-832 246 0600 F +91-832 246 0690 www.sesasterlite.com 

CIN: L13209GA1965PLC000044