The Audit Committee comprises of three Independent Non-executive Directors namely Mr. Lalit Bhasin (as Chairman), Mr. Gautam R. Divan and Mr. Dinesh C. Kothari.
Mr. Bhasin is an eminent lawyer with over four decades of practice. Both Mr. Divan and Mr. Kothari are qualified Chartered Accountants with vast and varied experience and expertise in the finance field.
The Committee inter-alia regularly monitors adequacy of internal control system and internal audit function; overseas the financial reporting process; reviews the financial reporting systems and ensures that the financial statements prepared by the Company are correct and give a true and fair view of the Company’s financial position.
Share
Transfer and Shareholders Grievance Committee
The Share Transfer and Shareholders Grievance Committee comprises of Mr. Dinesh C. Kothari (as Chairman), Mr. Lalit Bhasin and Mr. Shiv Jatia.
The Committee meets once every quarter primarily to monitor redressal of investors’ grievance.
Remuneration
Committee
The Company has set up a Remuneration Committee of the Board comprising of three Independent Non-executive Directors namely Mr. Lalit Bhasin as Chairman, Mr. Gautam R. Divan and Mr. Dinesh C. Kothari. The Committee determines the Company’s policy on remuneration payable to the whole time directors and recommends their remuneration.
