Committees of the Board & Composition

Audit Committee:

As per the provisions of the Companies Act, 2013, the following public companies shall constitute an Audit Committee:

  1. All public companies with a paid up capital of ten crores rupees or more;
  2. All public companies having a turnover of one hundred crore rupees or more;
  3. All public companies, having in aggregate, outstanding loans or borrowings or debentures or deposits exceeding fifty crore rupees or more.

Committee Members:

Mr. Ch.G.Krishna Murthy – Independent Director – Chairman
Dr. Arun Rai -Independent Director – Member
Mr.Adam Sack – Director – Member
Mr. M.B.N. Rao – Independent Director – Member

Nomination and Remuneration Committee:

As per the provisions of Companies Act, 2013, the following public companies shall constitute a Nomination and Remuneration Committee:

  1. All public companies with a paid up capital of ten crores rupees or more;
  2. All public companies having a turnover of one hundred crore rupees or more;
  3. All public companies, having in aggregate, outstanding loans or borrowings or debentures or deposits exceeding fifty crore rupees or more.

Committee Members:

Mr. MBN Rao – Chairman
Dr. Arun Rai – Member
Mr. Adam Sack – Member

Investment Committee:

Investment Committee has been constituted in order to approve any CAPEX which is beyond Rs.2 Crores.

Committee Members:

Ms. Sangita Reddy – Managing Director –  Chairman
Mr. Krishnan Akhileswaran – Director – Member
Mr. Adam Sack – Director – Member

Corporate Governance Committee

Corporate Governance Committee has been constituted with a view to have a tracking mechanism that monitors the implementation of Corporate Governance best practices and to ensure the compliance with law.

Committee Members:

Mr.M.B.N.Rao – Independent Director –  Chairman
Dr.Arun Rai – Independent Director – Member
Dr.Anupam Sibal – Director – Member
Mr.Adam Sack – Director – Member

Corporate Social Responsibility Committee

As per the provisions of the Companies Act, 2013, the following Companies are required to constitute a Corporate Social Responsibility Committee.

  1. Every company having net worth of rupees five hundred crore or more, or
  2. Turnover of rupees one thousand crore or more or
  3. Net profit of rupees five crore or more during any financial year

Committee Members:

Mr. MBN Rao – Chairman
Ms. Sangita Reddy – Member
Mr. Adam Sack – Member