Board Committees
AUDIT COMMITTEE
Audit Committee of the Board of Directors of the Company comprises of three directors viz.
| Sr.No. | Name | Designation | Chairman/Member |
|---|---|---|---|
| 1. | Shilpa Manmohan Taneja | Non-Executive Director | Chairman of Committee |
| 2. | Bharat Vadilal Shah | Independent Director | Member |
| 3. | Kesha Nimit Tanna | Independent Director | Member |
The committee has been constituted to review/recommend the annual salaries, commission, service agreement and other employment conditions for the Executive/Whole time/Managing Directors. The remuneration policy is directed towards rewarding performance, based on review of achievements on a periodical basis. The remuneration policy is in consonance with the existing industry practice.
STAKEHOLDERS RELATIONSHIP COMMITTEE
Stakeholders Relationship Committee of the Board of Directors of the Company comprises of three directors viz.
| Sr.No. | Name | Designation | Chairman/Member |
|---|---|---|---|
| 1. | Hemandra Jayantilal Badani | Vice-Chairman & Managing Director | Chairman |
| 2. | Ashok Jivarajbhai Sheth | Chairman & Chief Financial Officer | Member |
| 3. | Shilpa Manmohan Taneja | Non-Executive Director | Member |
The committee has been constituted to specifically look into redressal of shareholders’ and investors grievances such as transfer / transmission of shares, issue of new share certificates / duplicate share certificates, dividend, and de-materialization related matters. The Company has also adopted a code of internal procedures and conduct for prevention of Insider Trading in the shares of the Company, pursuant to Securities & Exchange Board of India (Prohibition of Insider Trading) Regulations, 1992, as amended from time to time. The Board has authorized the committee to monitor the compliances as required under the various Regulations as stipulated by the code.