Board of Directors

We currently have six Directors on our Board

Sl. No.

Name, Designation, Occupation

Category

1.

Mr. Nitin Jain;
Managing Director
Business

Promoter
(Executive)

2.

Mr. Sanhit Jain;
Whole-time Director
Business

Promoter
(Executive)

3.

Mr. Narender Nath Jain;
Director
Business

Promoter
(Non Executive)

4.

Mr. Ravinder Kumar Jain;
Director
Business

Independent
(Non Executive)

5.

Mr. Sanjeev Juneja;
Director
Business

Independent
(Non Executive)

6.

Ms. Shilpa Jain
Director
Business

Independent
(Non Executive)

Committees of the Board

Audit Committee

(a) Terms of Reference

The Audit Committee has been constituted pursuant to the provisions of Section 292A of the Companies Act and Clause 49 of the Listing Agreement. The Audit Committee reviews the financial accounting policies, adequacy of internal control systems and interacts with the statutory auditors. Besides, the Committee reviews the observations of the management and internal/ external auditors, interim and annual financial results, Management discussion and analysis of financial condition and results of operations, and related party transactions'. The other roles of Audit Committee, inter-alia includes the following:

(b) Composition

The Audit Committee comprises of the following Directors:

  1. Mr. Harish Sabharwal – Chairman (Independent Director)
  2. Ms. Shilpa Jain – Member (Independent Director)
  3. Mr. Nitin Jain– Member (Executive Director)

Stakeholders Relationship Committee

(a) Terms of Reference

In compliance with the requirements of the Corporate Governance under the Listing Agreement with the Stock Exchange anf the provisions of section 178 of the Companies Act, 2013, the Company has constituted an “Stakeholders Relationship Committee” to specifically look into shareholder issues including share transfer, transmission, re-materialization, issue of duplicate share certificates and redressing of shareholder complaints like non receipt of balance sheet, other related activities in physical mode besides taking note of beneficial owner position under demat mode, declared dividend etc.

(b) Composition

The Shareholders’ Grievance and Share Transfer Committee comprises of the following Directors:

  1. Mr. Sanjeev Juneja – Chairman (Independent Director)
  2. Ms. Shilpa Jain – Member (Independent Director)
  3. Mr. Harish Sabharwal – Member (Independent Director)

 

Nomination and Remuneration Committee

(a) Terms of Reference

The Nomination and Remuneration Committee has been constituted pursuant to the provisions of Section 178 of the Companies Act, 2013 and Clause 49 of the Listing Agreement. The Nomination and Remuneration Committee shall identify persons who are qualified to become directors and who may be appointed in senior management in accordance with the criteria laid down, recommend to the Board their appointment and removal and shall carry out evaluation of every director’s performance.

The Nomination and Remuneration Committee shall formulate the criteria for determining qualifications, positive attributes and independence of a director and recommend to the Board a policy, relating to the remuneration for the directors, key managerial personnel and other employees.

(b) Composition

The Shareholders’ Grievance and Share Transfer Committee comprises of the following Directors:
 

  1. Mr. Sanjeev Juneja – Chairman (Independent Director)
  2. Ms. Shilpa Jain – Member (Independent Director)
  3. Mr. Harish Sabharwal – Member (Independent Director)