Board Of Directors

Board’s Composition And Category

Currently the Board of the Company consists of four (4) 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 and Section 149(4) of the Companies Act, 2013 as the Company comprises of 1/3rd of independent directors.

Name of the Director Category
Mr. Kamal Agarwal Managing Director+ Executive
Ms. Divya Mehrotra Non- Executive + Independent Director
Mr. Vijay Kumar Gupta Non- Executive + Independent Director
Mr. Krishna Kumar Agarwal Non-Executive 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. Also, vigil mechanism is a part of this Audit Committee only.

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

Name of Members Category Designation
Mr. Vijay Kumar Gupta Non-Executive+Independent Director Chairman
Ms. Divya Mehrotra Non-Executive+Independent Director Member
Mr. Krishna Kumar Agarwal Non-Executive+Non Independent Director Member

Nomination & Remuneration Committee

The Company has a Nomination & Remuneration Committee of Directors. It is constituted as per Companies Act, 2013 and also Listing Agreement which frames Minimum 3 non- executive directors out of which at least half shall be independent directors.

Composition of Nomination & Remuneration Committee: Composition details of Nomination & Remuneration Committee are as follows:

Name of Members Category Designation
Ms. Divya Mehrotra Non- Executive+Independent Director Chairperson
Mr. Vijay Kumar Gupta Non- Executive+ Independent Director Member
Mr. Krishna Kumar Agarwal Non-Executive+Non Independent Director Member

Stakeholder Relationship Committee

Stakeholder 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.

It is constituted as per section 178 under Companies Act, 2013 and Listing Agreement

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

Name of Members Category Designation
Mr. Vijay Kumar Gupta Non-Executive+Independent Director Chairman
Ms. Divya Mehrotra Non- Executive+Independent Director Member
Mr. Krishna Kumar Agarwal Non-Executive+Non Independent Director Member
Ms. Neha Sarpal -- Compliance Officer

Risk Management Committee

As per Clause 49 VIC of the Listing Agreement, the Company has constituted a Risk Management Committee consisting of majority of members of Board of Directors to review Risk Management plan of the Company.

Composition of the Committee: Composition details of Risk Management Committee are as follows:

Name of Members Category Designation
Mr. Vijay Kumar Gupta Non-Executive+Independent Director Chairman
Ms. Divya Mehrotra Non- Executive+Independent Director Member
Mr. Krishna Kumar Agarwal Non-Executive+Non Independent Director Member

Notice of Candidature