About Us >> Committees of the Board
Audit Committee
The Audit Committee comprises a minimum of three Non-Executive Directors. The committee assists the Boards in fulfilling their oversight responsibilities in respect of the integrity of financial statements; risk management; financial reporting process; internal control arrangements; compliance with legal and regulatory requirements; the performance, qualifications and independence of the internal/statutory auditors; and the performance of the internal/statutory audit function.
The Committee is also responsible for making recommendations to the Boards on the nomination of and compensation payable to the internal and the statutory auditors. The Audit Committee is fully compliant and made aware with the rules regarding Audit Committees that are applicable under Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirement), 2015.
Constitution of the Audit Committee
| Name | Director |
|---|---|
|
Mrs. Vaishali Lalit Baria |
Chairperson, Non-Executive – Independent Director |
|
Ms. Madhusa Inda |
Member, Non-Executive – Independent Director |
|
Mr. Jinesh Mehta |
Member, Non-Executive – Independent Director |
Nomination & Remuneration Committee
The Nomination and Remuneration Committee comprises a minimum of three Non-Executive Directors. The Committee recommends to the Boards candidates for the positions of directors/KMP and one level below the KMP. The Committee deals with all elements of the remuneration package and board performance evaluation and has prime responsibilities for timely succession planning; reporting on Board diversity and oversight of corporate governance matters.
Constitution of the Nomination & Remuneration Committee
| Name | Director |
|---|---|
|
Mrs. Vaishali Lalit Baria |
Chairperson, Non-Executive – Independent Director |
|
Ms. Madhusa Inda |
Member, Non-Executive – Independent Director |
|
Mr. Jinesh Mehta |
Member, Non-Executive – Independent Director |
Stakeholders Relationship Committee:
The Committee is entrusted with the responsibility to resolve the grievances of security holders. The Committee monitors and reviews the performance and service standards of the Registrar and Share Transfer Agents of the Company and provides continuous guidance to improve the service levels for investors.
Constitution of Stakeholders Relationship Committee:
| Name | Director |
|---|---|
|
Mrs. Vaishali Lalit Baria |
Chairperson, Non-Executive – Independent Director |
|
Ms. Madhusa Inda |
Member, Non-Executive – Independent Director |
|
Mr. Nitin Kamal Kishore Gujral |
Member- Executive Director |
Corporate Social Responsibility Committee
The Corporate Responsibility Committee comprises a minimum of two Non-Executive Directors. The Committee formulates/recommends and monitors Corporate Social Responsibility Policy and the activities to be undertaken by the Company in case the CSR criteria is hit by the Company.
Constitution of Corporate Social Responsibility Committee
| Name | Director |
|---|---|
|
Mr. Nitin Kamal Kishore Gujral |
Member- Executive Director |
|
Mrs. Vaishali Lalit Baria |
Chairperson, Non-Executive – Independent Director |
|
Mr. Jinesh Mehta |
Member, Non-Executive – Independent Director |
