Investors Desk

Familiarisation programmes imparted to Independent directors

Independent Directors play an important role in the governance processes of the Board. They bring to bear their expertise and experience on the deliberations of the Board. This enriches the decision making process at the Board with different points of view and experiences and prevents conflict of interest in decision making.

At the time of appointing a Director, a formal letter of appointment is given to him/her and the details pertaining to their roles, responsibilities, functions and the Board’s expectation are explained in the Meeting.

In furtherance to the above, the Company holds Business Review Meeting every quarter to explain the details of the performance of the Company. Further, Directors’ Vision Meeting is held annually to set the strategic direction of the Company. A presentation is shared by the Chairperson and Managing Director of the Company giving the details of the governance and internal control processes and other relevant information pertaining to the Company’s business.

The details of Familiarization programmes imparted to Independent directors are as follows:

Number of Programmes attended by Independent Director

Number of hours spent by Independent Director during the year (Business Review Meetings and Vision and Strategy Meeting.)

Number of hours spent by Independent Director on cumulative basis till date

27.04.2016
28.07.2016
08.11.2016
02.02.2017
03.02.2017
21.04.2017
31.07.2017
06.11.2017
30.01.2018
31.01.2018

1 hour
2 hours
1 hour and 30 minutes
1 hour and 30 minutes
7 hours and 30 minutes
1 hour and 30 minutes
1 hour and 30 minutes
1 hour and 30 minutes
1 hour and 30 minutes
7 hour and 30 minutes

1 hour
3 hours
4 hour and 30 minutes
6 hours
13 hour and 30 minutes
15 hours
16 hours and 30 minutes
18 hours
19 hours and 30 minutes
27 hours