Atul Ltd 2022-23

56 Atul Ltd | Annual Report 2022-23 Atul Ltd | Annual Report 2022-23 Atul Ltd Atul House G I Patel Marg Ahmedabad 380 014, Gujarat India Atul Ltd | Annual Report 2022-23 Reconnect | Reimagine | Regrow Corporate Overview Statutory Reports Financial Statements iv) Reviewing business strategies. v) Reviewing progress of the approved projects. 3.3.2. Composition The Committee comprises the following members: No. Name Designation 1. Rajendra Shah Chairman 2. Bansi Mehta Member 3. Susim Datta Member 4. Sunil Lalbhai Member 5. Baldev Arora Member 3.3.3. Meetings and attendance During 2022-23, two meetings were held. No. Name Total Attended 1. Rajendra Shah 2 2 2. Bansi Mehta 2 2 3. Susim Datta 2 2 4. Sunil Lalbhai 2 2 5. Baldev Arora 2 2 The Board notes the minutes of the Investment Committee meetings. 3.4. Nomination and Remuneration Committee 3.4.1. Role i) Devising a policy on Board diversity. ii) Evaluate the balance of skills, knowledge and experience on the Board and on the basis of such evaluation, prepare a description of the role and capabilities required of an Independent Director. iii) Formulating criteria for evaluation of the Independent Directors and the Board. iv) Formulating criteria for determining qualifications, traits and independence of a Director and recommending to the Board a policy relating to the remuneration for the Directors, Key Managerial Personnel and other employees. v) Identifying persons who are qualified to become Directors and who may be appointed in Senior Management in accordance with the criteria laid down, recommending to the Board their appointment and removal and carrying out an evaluation of the performance of every Director. vi) Recommending | Determining remuneration of the Executive Directors | Senior Management Personnel as per the policy. 3.4.2. Composition The Committee comprises the following members: No. Name Designation 1. Mukund Chitale Chairman 2. Rajendra Shah Member 3. Baldev Arora Member 3.4.3. Meetings and attendance During 2022-23, two meetings were held. No. Name Total Attended 1. Mukund Chitale 2 2 2. Rajendra Shah 2 2 3. Baldev Arora 2 2 The Board notes the minutes of the Nomination and Remuneration Committee meetings.

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