Committee Composition
The composition of the Board is in conformity with SEBI (LODR) Regulations, 2015 as well as the Companies Act, 2013. The Company has a Non-Executive Chairman and an optimum representation of independent Directors on the Board of Directors of the Company.
The present composition of the Board of Directors of the Company is as:
| Category | No. of Directors |
| Non-Executive/Independent Directors
Non-Executive/Promoter Directors Executive Director (Managing Director & CEO) Executive Director |
2
2 1 1 |
| Total | 6 |
Directors on the Board
Mrs. Bina S Shah: Chairperson, Non-executive Independent Director
Mrs. Bina S Shah holds Bachelor’s degree in Commerce (B.Com) and Fellow Member of the Institute of Company Secretaries of India (FCS). Presently she is practicing the profession of Company Secretary and serving as independent director on the board of one listed company. She is having experience of 25 years in corporate laws, security market, accounts and finance.
Mr. Neerav B Merchant, Non-executive Independent Director
Mr. Neerav B Merchant is law graduate (LL.B.) and a practicing advocate. He is also serving as independent director on the board of one listed company. He is having experience of 12 years in legal field.
Mr. Rajen K Desai, Non-executive Director
Mr. Rajen K Desai is promoter director. He is a commerce graduate and having more than four decades of experience in Administration and Finance.
Mr. Kannann A Yadav, Managing Director
Mr. Kannan A Yadav is working as Managing Director and CEO of the Company. He is a Commerce graduate and having more than three decades of experience of Management and Finance
Mrs. Krishnaveni K Yadav, Non-Executive Director
Mrs. Krishnaveni K Yadav is working as Non-executive Director. She is a Commerce graduate and having more than three decades of experience in the field of Finance
Mr. S Krishnan, Executive Director, Company Secretary and CFO
Mr. S Krishnan is a member of the Institute of Chartered Accountant of India and the Institute of Company Secretaries of India. He is having experience of more than three decades in the field of Finance, Accounts and Corporate Governance.
Composition of Committees
In terms of SEBI Listing Regulations and the Companies Act, 2013, the Company has constituted following committees:
Audit Committee
The composition of Audit committee of the Company is as follows:
| Name of the Membe | Nature of Membership |
| Ms. Bina S. Shah- Independent Director | Chairperson |
| Mr. Neerav B. Merchant- Independent Director | Member |
| Mr. Rajen K Desai – Non Executive director | Member |
Regular Meetings of Audit Committee held in compliance with the Listing Regulations and the Companies Act. The role of Audit committee are as specified in the Listing Regulations and as provided in the Companies Act.
Nomination And Remuneration Committee
The composition of Nomination and Remuneration Committee of the Company is as follows:
| Name of the Member | Nature of Membership |
| Mr. Neerav B. Merchant – Independent Director | Chairperson |
| Ms. Bina S. Shah – Independent Director | Member |
| Mr. Rajen K Desai – Non Executive director | Member |
The Committee meets at least once in a financial year in compliance with the Listing Regulations and the Companies Act. The role of Nomination and Remuneration Committee are as specified in the Listing Regulations and as provided in the Companies Act.
Stakeholders Relationship And Investor Grievance Committee
The composition of Stakeholders Relationship Committee of the Company is as follows:
| Name of the Member | Nature of Membership |
| Ms. Bina S. Shah- Independent Director | Chairperson |
| Mr. Rajen K Desai – Non-Executive Director | Member |
| Mr. S. Krishnan – Executive Director | Member |
The Committee meets at least once in a financial year in compliance with the Listing Regulations and the Companies Act. The role of Stakeholders Relationship Committee are as specified in the Listing Regulations and as provided in the Companies Act.
