Familiarisation Program for Independent Directors

Preamble:

The Schedule IV of the Companies Act, 2013 and the Clause 49 of the Listing agreement entered with the Stock Exchanges, mandates the Company to familiarize the Independent Directors with the Company.

The Listing agreement mandates the Company to familiarize the Independent Directors in the following areas:

  • Familiarization with the Company;
  • Roles;
  • Rights and Responsibilities ;
  • Nature of Industry ; and
  • The business model of the Company.

Familiarisation program for Independent Directors

Objective

The Company shall follow a structured orientation and training programme for the Independent Directors to understand and get updated on the business and operations of the Company on a continuous basis.

Familiarisation Program for Independent Directors

Industry overview and Business model of the Company and an outline of Corporate Plan and Annual targets

Introduction to Product profile

Operations overview

Financial Performance and budget & control processes

Overview of Sales & Marketing

Familiarisation on Statutory compliances as a Board Member including their Roles, Rights and Responsibilities

 The above will be conducted for new and continuing Independent Directors of the Company during the year.