Terms And condition Of Appointment Of Independent Director

  • Mr. Hairshchandra B. Naukudkar
  • Mr. Ramesh Chandra Sharma
harishchandra

Mr. Hairshchandra B. Naukudkar

Term of Appointment:  From: 18.11.2019  To: 17.11.2024

Name of Committees:  Audit Committee, Nomination and Remuneration Committee and Stakeholder Relationship Committee.

Roles And Functions:  To bring an independent judgment to bear on the Board’s deliberations especially on issues of strategy, performance, risk management, resources, 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.

ramesh

Mr. Ramesh Chandra Sharma

Term of Appointment:  From: 18.11.2019  To: 17.11.2024

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 issues of strategy, performance, risk management, resources, 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 being in accordance with 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.

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