Project Committee
(i) Composition
A Project Committee has been constituted by the Board which meets from time to time to review various projects of the Company.
The Project Committee comprises of the following Directors as on March 31, 2020:
Name of Member |
Designation |
Category |
|---|---|---|
Shri Sandesh Kumar Anand |
Chairman |
Independent Director |
Dr. Richard H. Rupp |
Member |
Independent Director |
Dr. Swaminathan Sivaram |
Member |
Independent Director |
Shri Sanjay Asher11 |
Member |
Independent Director |
1Shri Sanjay Asher was inducted as a Member with effect from February 3, 2020.
(ii) Terms of Reference
The Project Committee is constituted inter alia to evaluate the proposed new projects / expansion plans of the Company and review the progress of ongoing projects of the Company involving capital expenditure exceeding ₹ 25 Crores.
(iii) Meetings and Attendance thereat
Two (2) meetings of the Project Committee were held during the Financial Year 2019-20 on August 1, 2019 and March 4, 2020
The attendance at the Project Committee meetings held during Financial Year 2019-20 was as under:
Name of Member |
No. of Nomination and Remuneration Committee Meetings held and Tenure of Directors |
No. of Nomination and Remuneration Committee Meetings attended |
|---|---|---|
Shri Sandesh Kumar Anand |
2 |
1 |
Dr. Richard H. Rupp |
2 |
2 |
Dr. Swaminathan Sivaram |
2 |
2 |
Shri Sanjay Asher |
1 |
1 |