Terms And condition Of Appointment Of Independent Director
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Hairshchandra B. Naukudkar
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Shankar Ramnath Iyer
Hairshchandra B. Naukudkar
Term of Appointment: From: 18.11.2019 To: 17.11.2024 (Subject to the Approval of the Members at the General Meeting)
Name of Committee: Audit Committee, Nomination and Remuneration Committee & Stakeholders Relationship Committee.
Role And Function: To bring an independent judgment to bear on the Board’s deliberations especially on development and execution of a company's marketing campaigns to boost its promotional efforts & strategies, key appointments and standards of conduct including Board best practice, in functioning of the Board and the Committees of the Board.
To moderate and arbitrate in the interest of the company as a whole, in situations of conflict between management and shareholder’s interest.
Duties: To follow the duties as specified in the applicable laws, the Company’s policies, SEBI (LODR) Regulations, 2015 and the Articles of Association, the Companies Act,2013;
To follow the “Code for Independent Directors” as specified under Schedule IV of the Companies Act, 2013;
To promptly inform the Company about changes, if any, in disclosure of interest and declarations furnished by you to the Company
To apply the highest standards of confidentiality,and not disclose to any person or company, any confidential information concerning the Company and any Group Companies with which you come into contact by virtue of your position as a Director, except as permitted by law or with prior clearance from the Chairman.
Fees: As decided by the Board / Nomination and Remuneration Committee time to time
General : The Independent Directors appointment, remuneration, professional conduct, role, functions and duties shall be governed by the Companies Act , 2013 and the Rules made thereunder , as amended from time to time.
Mr. Shankar Ramnath Iyer
Term of Appointment: From: 04.01.2022 To: 03.01.2027 (Subject to the Approval of the Members at the General Meeting)
Name of Committees: Audit Committee, and Nomination and Remuneration Committee.
Roles And Functions: To bring an independent judgment to bear on the Board’s deliberations especially on development and execution of a company's marketing campaigns to boost its promotional efforts & strategies, key appointments and standards of conduct including Board best practice, in functioning of the Board and the Committees of the Board.
To moderate and arbitrate in the interest of the company as a whole, in situations of conflict between management and shareholder’s interest.
Duties: To follow the duties as specified in the applicable laws, the Company’s policies, SEBI (LODR) Regulations, 2015 and the Articles of Association, the Companies Act,2013;
To follow the “Code for Independent Directors” as specified under Schedule IV of the Companies Act, 2013.
To promptly inform the Company about changes, if any, in disclosure of interest and declarations furnished by you to the Company.
To apply the highest standards of confidentiality and not disclose to any person or company, any confidential information concerning the Company and any Group Companies with which you come into contact by virtue of your position as a Director, except as permitted by law or with prior clearance from the Chairman.
Fees: As decided by the Board / Nomination and Remuneration Committee time to time.
General : The Independent Directors appointment, remuneration, professional conduct, role, functions and duties shall be governed by the Companies Act , 2013 and the Rules made thereunder , as amended from time to time.