Corporate Governance
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The Company believes that sound corporate Governance is critical to enhance and retain a stakeholder's trust. Accordingly, the company has consistently practiced good corporate governance. The company creates an environment for an efficient and ethical conduct of business to enable the Management to meet its obligations in a fair, transparent and equitable manner to all stakeholders.
The company envisages the attainment of a high level of transparency and accountability in the functioning of the company and the conduct of its business internally and externally.
The Company has carved out the following committees of our Board of Directors for institutionalizing compliance with corporate governance requirements:
Audit Committee
The Audit Committee consists of:
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Mr. M A Kuvadia, Non-Executive Independent Director (Chairman of the Committee w.e.f. 09.02.2022)
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Mr. H R Kilachand, Chairman & Managing Director
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Mrs. Ranjana Sinha, Non-Executive Independent Director
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Dr. Narendra Mairpady, Non-Executive Independent Director (Member of the Committee w.e.f. 09.02.2022)
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Mr. Gaurav Sharma, Company Secretary & Assistant Vice President (Legal) is the Secretary to the Audit Committee.
Nomination & Remuneration Committee
The Nomination & Remuneration Committee consists of:
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Mr. M A Kuvadia, Non-Executive Independent Director (Chairman of the Committee w.e.f. 09.02.2022)
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Mr. H R Kilachand, Chairman & Managing Director
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Mrs. Ranjana Sinha, Non-Executive Independent Director
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Dr. Narendra Mairpady, Non-Executive Independent Director (Member of the Committee w.e.f. 09.02.2022)
Stakeholders Relationship Committee
The Stakeholders Relationship Committee consist of:
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Mr. M A Kuvadia, Independent Director (Chairman of the Committee)
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Mr. D J Shah – Non-Executive Non-Independent Director (Member w.e.f. 12.08.2022)
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Mr. H R Kilachand, Chairman & Managing Director
Corporate Social Responsibility Committee
The Corporate Social Responsibility Committee consists of:
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Mr. M A Kuvadia, Independent Director (Chairman of the Committee w.e.f. 30.04.2018)
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Mr. H R Kilachand, Chairman & Managing Director
Compliance Officer / Nodal Officer / Company Secretary
Company Secretary is authorised to determine materiality of events or information.