COMMITTEE

AUDIT COMMITTEE:


        The Committee met during the year on 27/05/2014, 26/07/2014, 26/10/2014, 25/01/2015 and 28/03/2015. The attendance of the Members at the meetings is stated here in below:


NAME OF DIRECTOR CATEGORY NUMBER OF MEETINGS ATTENDED DURING THE YEAR 2014-2015
Mr. Amit Nagarsheth Independent Director 05
Mr. Rajiv Chokhawala Independent Director 05
Mrs. Niranjana Contractor Non Executive Director 05

Mr. ASARAF BHINDE, COMPLIANCE OFFICER has acted as coordinator.


All the meetings of board of Directors are chaired by the INDEPENDENT DIRECTOR


NOMINATION AND RUMENERATION COMMITTEE:


During the year, the board constituted a Nomination and Remuneration Committee of Directors (NRC) in terms of SEC 178 of the Act 2013 and clause 49 of the Listing Agreement.


Composition Of The Committee :

As at 31ST MARCH 2015, the nomination and remuneration committee of the following Directors as its members :


SR.NO. NAME OF DIRECTOR STATUS- CATEGORY
01 MR. AMIT NAGARSHETH INDEPENDENT DIRECTOR
02 MR. RAJIV CHOKHAWALA INDEPENDENT DIRECTOR
03 MR. HIRALAL CONTRACTOR NON-EXECUTIVE DIRECTOR

          MR AMIT NAGARSHETH acts as the chairman of the NRC. MR HIRALAL CONTRACTOR acts as the Secretary of the Committee. The chairman of the committee remains present in the Annual General Meeting of members of the company.

THE SHAREHOLDERS AND INVESTOR GRIEVANCE COMMITTEE:

      During the year, Investor Grievance Committee was renamed as Stakeholders Relationship Committee in compliance with the requirements of SEC 178 of the Companies Act 2013. The investors/shareholders grievance committee comprises executive and non executive Directors. The composition and the attendance of each members of the Committee at the meeting are as follows:


SR NO. NAME OF THE COMMITTEE MEMBERS EXECUTIVE/NON EXECUTIVE/INDEPENDENT DIRECTOR MEETING ATTENDED DETAILS
01 MR. AMIT NAGARSHETH INDEPENDENT DIRECTOR YES 100
02 MR. RAJIV CHOKHAWALA INDEPENDENT DIRECTOR YES 100
03 MR. HIRALAL CONTRACTOR INDEPENDENT DIRECTOR YES 100

The Share holders and investor grievance committee meetings were held during the year 2014-2015 on 10/04/14, 15/05/14, 12/06/14, 01/07/14, 20/07/14, 22/08/14, 21/09/14, 18/10/14, 10/11/14, 20/12/14, 20/01/15, 15/02/15 and 20/03/15.


All the complaints received from the Shareholders have been attended for redressed and the actions have been taken in relation to the grievances of the investors.


As required by Securities and Exchange Board of India (SEBI) Mr. ASHRAF BHINDE is the compliance officers of the stakeholders Relationship Committee. For any clarification/complaint the shareholders may contact MR. ASHRAF BHINDE



SR NO. DATE OF ANNUAL GENERAL MEETING LOCATION OF AGM HELD
01 31st August, 2012 811, Siddhartha complex R.C. DUTT ROAD ALKAPURI VADODARA. 390007
02 7th September, 2013 811, Siddhartha complex R.C. DUTT ROAD ALKAPURI VADODARA. 390007
03 27th September, 2014 811, Siddhartha complex R.C. DUTT ROAD ALKAPURI VADODARA. 390007

* No special Resolution was put through postal ballot during the previous year.