committee

 

Audit Committee

The Audit Committee of the Board has been re-constituted in compliance with Clause 52 of the SME Equity Listing Agreement.

Audit Committee was formed originally vide Resolution passed in the meeting of the Board of Directors dated May 15, 2012 and it was last re-constituted vide Board resolution dated September 10, 2014.

The re-constituted Audit Committee comprises following members:
Name of the Director Status in Committee Nature of Directorship
Mr. Harsh Mehadia Chairman Non-Executive-Independent Director
Mrs. Dipti Sharma Member Non-Executive-Independent Director
Mr. Vinod Garg Member Managing Director

The Company Secretary of the Company shall act as a Secretary to the Committee. The Chairman of the Committee shall attend the Annual General Meeting of the Company to furnish clarifications to the shareholders in any matter relating to accounts.

The terms of reference of Audit Committee complies with requirements of both clause 52 of the SME listing agreement and section 177 of the Companies Act 2013. The scope and function of the Committee and its terms of reference shall include the following:

Stakeholders Relation Committee

The Stakeholders Relation Committee of the Board has been constituted in compliance with Section 177 of the Companies Act, 2013 and Clause 52 of the SME Equity Listing Agreement.

The Stakeholders Relation Committee of the Board was formed vide Resolution passed in the meeting of the Board of Directors dated September 10, 2014.

The constituted Stakeholders Relation Committee comprises members:
Name of the Director Status in Committee Nature of Directorship
Mrs. Dipti Sharma Chairman Non-Executive-Independent Director
Mr. Harsh Mehadia Member Non-Executive-Independent Director
Mr. Vinod Garg Member Managing Director

The Company Secretary of the Company shall act as a Secretary to the Committee. The scope and function of the Committee and its terms of reference shall include the following:

Nomination & Remuneration/ Compensation Committee:

The Nomination & Remuneration/ Compensation Committee was formed in compliance section 178 of the Companies Act 2013 and Clause 52 of the SME Equity Listing Agreement vide Resolution passed in the meeting of the Board of Directors dated September 10, 2014.

The Nomination & Remuneration/ Compensation Committee comprises following members:
Name of the Director Status in Committee Nature of Directorship
Mr. Harsh Mehadia Chairman Non-Executive-Independent Director
Mrs. Dipti Sharma Member Non-Executive-Independent Director
Mr. Rahul Bagdia Member Non-Executive-Independent Director

The Company Secretary of the Company shall act as a Secretary to the Committee. The scope and function of the Committee and its terms of reference shall include the following: