Board Sub-Committees

1.AUDIT COMMITTEE

Sl. No.

Composition

 1.

Sri Jagdish P. Joshi, Chairman

 2.

Sri Madhav Lal, Member

 3.

Dr. Deepika Sharma, Member

 4.

Director (Commercial), Member

 5.

Director (Finance), Permanent Invitee

 

The Term of Reference (ToR) of the Audit Committee shall be in line with Section 177 of the Companies Act, 2013 read with Rule 6 of the Companies (Meetings of Board and its Powers) Rules, 2014, Regulation 18 and Part C of Schedule II of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 and DPE guidelines, issued from time to time, including any statutory modification(s) or re-enactment thereof, for the time being in force.

 
2.CORPORATE SOCIAL RESPONSIBILITY COMMITTEE: -
 

     Sl. No.

Composition

1.

Dr. Deepika Sharma, Chairperson

2.

Sri Madhav Lal, Member

3.

Sri Jagdish P. Joshi, Member

4.

Director (P & P), Member

5.

Director (Finance), Member

The Terms of Reference (ToR) of the Committee shall be as per Section 135 read with Schedule VII of the Companies Act, 2013 and the Companies (Corporate Social Responsibility Policy) Rules, 2014, and

  • Formulation & Recommendation of CSR Policy to the Board;
  • Recommendation of CSR Expenditure;
  • Monitoring & implementation of CSR Projects and DPE guidelines issued from time to  time, including any statutory modification(s) or re- enactment thereof, for the time being in force.

3.STAKEHOLDERS RELATIONSHIP COMMITTEE: -

Sl. No.

Composition

1.

Dr. Deepika Sharma, Chairperson

2.

Sri Madhav Lal, Member

3.

Sri Jagdish P. Joshi, Member

4.

Director (P&P), Member

5.

Director (Finance), Member

6.

Director (Commercial), Member

 
The Terms of Reference (TOR) of the Committee shall be as per Section 178 of the Companies Act, 2013 read with Rule 6 of The Companies (Meetings of Board and its Powers) Rules, 2014 and Regulation 20 read with Part D of Schedule II of SEBI (Listing Obligations and Disclosure Requirements)Regulation, 2015,including   
  1. Resolving the grievances of the security holders of the listed entity including complaints related to transfer/transmission of shares, non-receipt of annual report, non-receipt of declared dividends, issue of new/duplicate certificates, general meetings etc.
  2. Review of measures taken for effective exercise of voting rights by shareholders.
  3. Review of adherence to the service standards adopted by the listed entity in respect of various services being rendered by the Registrar & Share Transfer Agent.
  4. Review of the various measures and initiatives taken by the listed entity for reducing the quantum of unclaimed dividends and ensuring timely receipt of dividend warrants/annual reports/statutory notices by the shareholders of the company.
4.NOMINATION & REMUNERATION COMMITTEE: -
 

   Sl. No.

Composition

1.

Sri Jagdish P. Joshi, Chairman

2.

Sri Madhav Lal, Member

3.

Dr. Deepika Sharma, Member

4.

Chairman-cum-Managing Director, Member

The Terms of Reference (ToR) of the Committee shall be as per Section 178 of the Companies Act, 2013 read with Rule 6 of the Companies (Meetings of Board and its Powers) Rules, 2014 and Regulation 19 read with Part D of Schedule II of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 and DPE guidelines issued from time to time, including any statutory modification(s) or re- enactment thereof, for the time being in force.

5. RISK MANAGEMENT COMMITTEE:-

SL. No.

Composition

 1.

Sri Madhav Lal, Chairman

 2.

Director (P & P), Member

 3.

Director (Finance), Member

 4.

Director (Commercial), Member

 5.

Risk Officer, Ex-Officio Invitee

 
The Terms of Reference of the Risk  Management Committee shall be as per Regulation 21 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 and to: -
  • Review and monitoring the Risk Management Policy, Risk Management Plan and Risk Management Process of the Company from time to time.
  • Approve and inform the Board about Risk Identification, Assessment, Control and Mitigation Procedure.
  • Review and monitor Cyber Security Risks.
  • Review of Project Risk Management Plan.
  • Review reports periodically on Risk Management Compliance certification and status of implementation.
 

6. INVESTMENT, PROJECT APPRAISAL & MONITORING COMMITTEE: -

Sl. No.

Composition

1.

Sri Madhav Lal, Chairman

2.

Dr. Deepika Sharma, Member

3.

Sri Jagdish P. Joshi, Member

4.

Director (P&P), Member

5.

Director (Finance), Member

6.

Director (Commercial), Member

    

The Terms of Reference (TOR) of the Committee includes

(a)   To examine all plan schemes/projects which requires approval of the Board with financial implication of Rs.5 crores& more or such other  limit as fixed by the Board from time to time.

(b)   To make preliminary appraisal of the projects identified by the Company for investment and recommend for perusing with the project.

(c)    To monitor the progress of all major projects and corrective measures to be suggested/taken to achieve the milestone within approved  time & cost.

(d)   To examine and recommend to the Board for engagement of Consultants for the purpose of preparation of feasibility report/DPR.

 To scrutinize the Feasibility Report/DPR prepared by the Consultants and recommend to the Board for investment.