Board Of Directors

Board’s Composition And Category

Currently the Board of the Company consists of six (6) directors.

Provided, the Chairman of the Board is a non-executive director so at least one-third of the Board should comprise of independent directors. So the Composition of Board of Directors of the Company is in conformity with the requirements of Clause 49 of the Listing Agreement as the Company comprises of 1/3rd of independent directors.

Name of the Director Category
Mr. Suraj Chokhani Chairperson, Independent Director
Mr. Sahib Singh Gusain Managing Director
Mr. Pramod Kumar Jain Executive Director
Mr. Nitin Kumar Patni Additional, Independent Director
Mr. Raj Kumar Kedia Additional, Independent Director
Ms. Sarbani Bhagat Women and Independent Director

Audit Committee

The Company has an Audit Committee of Directors. The Committee has the powers similar to those stated in the listing Agreement and the term of reference and role of the Audit Committee are as per the guidelines set out in the Listing Agreement entered into with the Stock Exchanges read with Section 177 of the Companies Act, 2013 and includes such other functions as may be assigned to it by board from time to time.

Composition of Audit Committee: Composition details of Audit Committee are as follows:

Name of Members Category Designation
Mr. Nitin Kumar Patni Independent Director Chairman
Mr. Suraj Chokhani Independent Director Member
Mr. Sahib Singh Gusain Director Member

Stakeholders Relationship Committee

Stakeholders Relationship Committee is responsible for the smooth functioning of the share transfer process as well as redresses of shareholder grievances expeditiously and satisfactorily.

To handle the Investor Grievances in coordination with the compliance officer, the Company has appointed M/s MAS Services Limited as the Registrar to the issue and as a Share Transfer Agent. All grievances relating to the present issue may be addressed to the registrar with a copy to the compliance officers.

Composition of the Committee: Composition details of Shareholders Grievance Committee are as follows:

Name of Members Category Designation
Mr. Nitin Kumar Patni Independent Director Chairman
Mr. Pramod Kumar Jain Director Member
Mr. Sahib Singh Gusain Director Member

Nomination and Remuneration Committee

Composition of the Committee: Composition details of Nomination and Remuneration Committee are as follows:

Name of Committee Members Category Designation
Mr. Nitin Kumar Patni Independent Director Chairman
Mr. Suraj Chokhani Independent Director Member
Mr.Sarbani Bhagat Independent Director Member

The Company has also formulated Risk Management Committee under the leadership of Mr. Suraj Chokhani