We have the following committees:
- AUDIT COMMITTEE
- NOMINATION AND REMUNERATION COMMITTEE
- STAKEHOLDER RELATIONSHIP COMMITTEE
- RISK MANAGEMENT COMMITTEE
1. AUDIT COMMITTEE
Broad Terms of Reference: The Audit Committee of the Company, inter alia, acts as a control mechanism in the financial and other important departments of the Company. The Audit Committee while reviewing the Annual Financial Statements, also reviews the applicability of various Accounting Standards (AS) issued by the Institute of Chartered Accountants of India during the year.
Composition: The Audit Committee comprises of three Directors, all of whom are Non-Executive, Directors. The Chairman of the Audit Committee possesses knowledge by corporate finance, accounts, and company law. The detailed composition of the Committee is as follows:
| Sr. No. | Name | Category |
| 1. | Amit Kumar Parashar | Chairman |
| 2. | Aditya Baid | Member |
| 3. | Ajay Agarwal | Member |
| 4. | Kuldeep Jain | Member |
2. NOMINATION AND REMUNERATION COMMITTEE
Broad Terms of Reference: To review, assess and recommend the appointment of Directors. To formulate the criteria for determining qualifications, positive attributes and independence of directors and recommend to the Board a policy, relating to the remuneration of the directors, key managerial personnel and other employees and to formulate the criteria for evaluation of Independent Directors and the Board.
Composition: The Nomination and Remuneration Committee comprises of three Directors, all of whom are Non-Executive, Directors. The Chairman of the Nomination and Remuneration Committee is an independent Director. The detailed composition of the Committee is as follows:
Composition
| Sr. No. | Name | Category |
| 1. | Amit Kumar Parashar | Chairman |
| 2. | Aditya Baid | Member |
| 3. | Ajay Agarwal | Member |
| 4. | Kuldeep Jain | Member |
3. STAKEHOLDERS’ RELATIONSHIP COMMITTEE
Broad Terms of Reference: The Committee monitors the redressal of complaints received from shareholders/investors with respect to transfer of shares, non-receipt of dividends, non-receipt of Annual Reports, etc. It also takes note of number of transfers processed, issue of fresh share certificates, top shareholders, pattern of shareholding, etc.
Composition of the Committee:The Stakeholders’ Relationship Committee has been constituted as per the provisions set out in the SEBI (Listing Obligation and Disclosure Requirments) Regulations, 2015. It comprises of 3 (three) Non-Executive Directors. The Company Secretary acts as the Secretary and has been appointed as the Compliance Officer of Stakeholders’ Relationship Committee. The detailed composition of the Committee is as follows:
Composition
| Sr. No. | Name | Category |
| 1. | Amit Kumar Parashar | Chairman |
| 2. | Aditya Baid | Member |
| 3. | Ajay Agarwal | Member |
| 4. | Kuldeep Jain | Member |
4. RISK MANAGEMENT COMMITTEE
Broad Terms of Reference: The Committee has been constituted as per the RBI Requirements for Non-Banking Financial Companies. The committee overviews the risk-bearing capacity of the company and assesses the risk strategies.
Composition of the Committee: The committee comprises of three Members. The detailed composition of the Committee is as follows:
| Sr. | Name | Category |
| 1. | Mahendra Kumar Baid | Chairman |
| 2. | Aditya Baid | Member |
| 3. | Amit Kumar Parashar | Member |