Broad Terms Of Reference: The Audit Committee of the Company inter-alia acts as a control mechanism in the financial and other important departments of the Company. The Audit Committee while reviewing the Annual Financial Statements also reviews the applicability of various Accounting Standards (AS) issued by the Institute of Chartered Accountants of India during the year.
Composition: The Audit Committee comprises of three Directors, all of whom are Non-Executive, Directors.
Composition of the Audit Committee :
S.NO. | NAME | CATEGORY |
---|---|---|
1. | Surendra Kumar Singhi | Chairman |
2. | Anurag Patni | Member |
3. | Chaitnya Sharma | Member |
NOMINATION AND REMUNERATION COMMITTEE:
Composition of Nomination and Remuneration Committee:
S.NO. | NAME | CATEGORY |
---|---|---|
1. | Surendra Kumar Singhi | Chairman |
2. | Anurag Patni | Member |
3. | Chaitnya Sharma | Member |
Remuneration Policy
Remuneration to Managing Director and Whole-time Directors: Payment of remuneration to Managing and Whole-time Directors is governed by the respective Agreements executed between them and the Company and which is recommended by the Remuneration Committee and further is within the limits set by the Shareholders at the Annual General Meetings.
STAKEHOLDERS RELATIONSHIP COMMITTEE
Broad Terms Of Reference: The Committee monitors redressal of complaints received from shareholders/investors with respect to transfer of shares, non-receipt of dividend, non-receipt of Annual Reports, etc. It also takes note of number of transfers processed, issue of fresh share certificates, top shareholders, pattern of shareholding, etc.
Composition of the Committee: The Stakeholders Relationship Committee has been constituted as per the provisions set out in the Listing Agreement. It comprises of 3 (three) Non-Executive Independent Directors. The Company Secretary acts as the Secretary and has been appointed as the Compliance officer of Share Transfer/ Investor Grievance Committee.
S.NO. | NAME | CATEGORY |
---|---|---|
1. | Surendra Kumar Singhi | Chairman |
2. | Anurag Patni | Member |
3. | Chaitnya Sharma | Member |
CORPORATE SOCIAL RESPONSIBILITY COMMITTEE
Broad Term of Reference: The CSR Committee of the Company is vested with the responsibility to formulate and recommend to the Board, a Corporate Social Responsibility Policy which shall indicate the activities to be undertaken by the company as per Companies Act, 2013 and recommend the amount of expenditure to be incurred on the activities and monitor the Corporate Social Responsibility Policy and activities of the company from time to time.
Composition of the Corporate Social Responsibility Committee: The CSR Committee compromises of three Directors.
S.NO. | NAME | CATEGORY |
---|---|---|
1. | Surendra Kumar Singhi | Chairman |
2. | Alpana Baid | Member |
3. | Aman Baid | Member |
ASSET LIABILITY MANAGEMENT COMMITTEE: Broad Terms of Reference- The Committee has been constituted as per the RBI Requirements for Non-Banking Financial Companies. The committee reviews the Asset Liability Position of the Company, Banks/FI Facilities Status, Cost of Borrowing and liquidity position of the Company.
Composition of the Committee- The committee comprises of three Directors.
S.NO. | NAME | CATEGORY |
---|---|---|
1. | Panna Lal Baid | Chairman |
2. | Aman Baid | Member |
3. | Surendra Kumar Singhi | Member |
RISK MANAGEMENT COMMITTEE: Broad Terms of Reference – The Committee has been constituted as per the RBI Requirements for Non-Banking Financial Companies. The committee overviews the risk bearing capacity of the company and assesses the risk strategies.
Composition of the Committee- The committee comprises of three Directors
S.NO. | NAME | CATEGORY |
---|---|---|
1. | Panna Lal Baid | Chairman |
2. | Aman Baid | Member |
3. | Surendra Kumar Singhi | Member |
EXECUTIVE COMMITTEE Broad Terms of Reference – The Committee has been constituted for the purpose of authorizing various persons for various deeds and other activities which cannot be take up in Board Meeting.
Composition of the Committee- The committee comprises of three Directors
S.NO. | NAME | CATEGORY |
---|---|---|
1. | Panna Lal Baid | Chairman |
2. | Aman Baid | Member |
3. | Aditya Baid | Member |
INTERNAL COMPLAINTS COMMITTEE: Broad Terms of Reference- The committee has been constituted to consider and redress complaints of Sexual Harassment at each such Unit/workplace. At least one half of the total members of the Committee shall be women.
Composition of the Committee- The Committee comprises of Presiding Officer and other members.
S.NO. | NAME | CATEGORY |
---|---|---|
1. | Mrs. Surbhi Rawat | Presiding Officer |
2. | Mrs. Dalima Baid | Member |
3. | Mr. Dinesh Sharma | Member |
4. | Mr. Jai Sharma | Member |