<h1>Director Remuneration in Listed Companies Capped at 11% of Net Profits per Companies Act, 2013 Rules.</h1> The Companies Act, 2013, along with the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, regulates the remuneration of directors in listed companies and their subsidiaries. According to these regulations, total managerial remuneration must not exceed 11% of the company's net profits for the financial year unless approved by the company in a general meeting and authorized by the Central Government. This regulation does not apply to the salaries of other personnel within the company.