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.