Table:
|  |  |  |  | (` lakh) |
| --- | --- | --- | --- | --- |
| Particulars of Remuneration | Sitting Fees for attending board/ committee meetings | Commission | Others, please specify | Total Amount |
| 1. Independent Directors |  |  |  |  |
| Aman Mehta | 4.80 | 315.00 | - | 319.80 |
| V Thyagarajan* | 3.00 | 100.00 | - | 103.00 |
| Prof Clayton M Christensen** | 0.30 | 75.00 | - | 75.30 |
| Dr Ron Sommer | 5.10 | 220.00 | - | 225.10 |
| O P Bhatt | 7.50 | 215.00 | - | 222.50 |
| Dr Pradeep Kumar Khosla | 2.10 | 150.00 | - | 152.10 |
| Hanne Sorensen*** | 0.60 | 50.00 | - | 50.60 |
| Keki Mistry*** | 0.60 | 50.00 | - | 50.60 |
| Don Callahan**** | 0.30 | 35.00 | - | 35.30 |
| Total (1) | 24.30 | 1,210.00 | - | 1,234.30 |
| 2. Other Non-Executive Directors |  |  |  |  |
| N Chandrasekaran@ | 3.60 | - | - | 3.60 |
| Aarthi Subramanian@@ | 5.70 | - | - | 5.70 |
| Total (2) | 9.30 | - | - | 9.30 |
| Total (B)=(1+2) | 33.60 | 1,210.00 | - | 1,243.60 |
| Total Managerial Remuneration |  |  |  |  |
| Ceiling as per the Act (@1% of profits calculated under Section 198 of the Companies Act, 2013) |  | 40,434.81 |  |  |
Paragraphs:
B. Remuneration to other directors:
* Relinquished the position of Independent Director w.e.f. July 10, 2018.
** Relinquished the position of Independent Director w.e.f. September 28, 2018.
*** Appointed as Additional and Independent Director w.e.f. December 18, 2018.
**** Appointed as an Additional and Independent Director w.e.f. January 10, 2019.
@ As a policy, N Chandrasekaran, Chairman, has abstained from receiving commission from the Company.
@@ In line with the internal guidelines of the Company, no payment is made towards commission to the Non-Executive Directors of the Company, who are in full time employment with any other Tata company.
Question:
Based on the Ceiling as per Section 198 of the Companies Act, 2013 (@1% of profits), what was the amount of company profits?