Atul Ltd 2011-12

41 3.1.2 Composition The Committee comprises four Members. All the Members are Non-executive and Independent Directors. The Members have relevant experience in financial matters. Number Name Designation 1 Dr S S Baijal Chairman 2 Mr G S Patel Member 3 Mr B S Mehta Member 4 Mr V S Rangan Member 3.1.3 Meetings and Attendance During the year six meetings were held: Number Name Total Attended 1 Dr S S Baijal 6 6 2 Mr G S Patel 6 6 3 Mr B S Mehta 6 6 4 Mr V S Rangan 6 6 The Statutory Auditors, the Cost Auditors, the Chairman & Managing Director, the President, Finance & Company Secretary, Heads of Finance, Accounts, Legal & Secretarial, Costing and Internal Audit are permanent invitees to the meetings. The Board notes the minutes of the Audit Committee meetings. 3.2 Share Transfer and Shareholders’ | Investors’ Grievance Committee 3.2.1 Role i) Reviewing redressal of complaints of the Shareholders and the Investors like transfer of shares (physical and demat), non-receipt of Balance Sheet, non-receipt of declared dividends, etc ii) Reviewing any other related matter which the Committee may deem fit in the circumstances of the case including the following:  Transfer shares  Transmit shares  Delete name(s) from share certificates  Change name(s) of the Members on share certificates  Issue duplicate share certificates  Consolidate share certificates  Transpose names  Dematerialise shares  Rematerialise shares  Split-up shares  Replace shares  Delete names(s) of guardian(s)