Committee

Audit Committee

The Audit Committee is constituted by the Board of Directors of the Company, in accordance with Section 177 of the Companies Act, 2013. It is empowered to review Financial Statements and Investments of Unlisted Subsidiary Company, Management discussion and analysis, material individual transactions with related parties not in normal course of business or which are not on an arm’s length basis. Generally all items listed in Regulation 18 of the Listing Regulation 2015 are covered in the term of reference. The Committee has been granted powers as prescribed under Regulation 18 of Listing Regulation 2015.

The Committee comprises of following three members:

  • Mr. Sunderlal Bagaria (Chairman)
  • Mr. Mushtaq Shaikh
  • Mrs. Ekta Gupta

Nomination & Remuneration Committee

The Nomination and Remuneration Committee is constituted by the Board of Directors of the Company, in accordance with Regulation 19 of the Listing Regulation 2015. The terms of the reference of the committee include formulating policies on specific remuneration packages for all the directors and designing and implementation of performance appraisal systems and discretionary performance bonus payments for them and such other functions as may be delegated to it by the Board of Director.

The Committee comprises of following three members:

  • Mr. Sundarlal Bagaria (Chairman)
  • Mrs. Ekta Gupta
  • Mr. Vijendra Jain

Stakeholder Relationship Committee

The Stakeholder’s Relationship Committee is constituted by the Board of Directors of the Company, in accordance with Regulation 20 of the Listing Regulation 2015. The terms of reference of the committee are to be specifically look into the redressal of shareholders and investors complaints to transfer of shares, non-receipt of balance sheet, non-receipt of dividends. etc.

The Committee comprises of following two members:

  • Mr.Sunderlal Bagaria (Chairman)
  • Mr. Mushtaq Shaikh
  • Mrs. Ekta Gupta