CORPORATE GOVERNANCE

CORPORATE GOVERNANCE REPORT :

COMPANY'S PHILOSOPHY ON CODE OF GOVERNANCE :

Corporate  Governance  is  the  combination  of  voluntary  practice and compliance with laws and regulations leading  to  effective control and management of the  company.  The company  believes that good corporate governance  contemplates that corporate actions balance the interest of  all  stockholders  and  satisfy the tests of  accountability  , transparency and fair play. The  company believes that all its operations and actions must be  directed towards  overall share holder value.

BOARD OF DIRECTORS :

The Board of Directors consists of Seven Directors.

The composition of Board of Directors and other relevant details are given below:

Name of the Director

Category

Mr. Mahesh Kumar Gupta

Managing Director

Mr. Ankit Gupta

Whole Time Director

Mr. Vidya Sagar

Director

Mr. Yash Paul Goyal

Independent Director

Mr. Harinder Goyal

Independent Director

Mr Satya Pal Singh

Whole Time Director

Mr Ajay Kumar Arora

Director

AUDIT COMMITTEE:

Following are the members of audit commitee

Name of the Members of Audit committee

Mr. Harinder Goyal

Mr. Mahesh Kumar Gupta

Mr. Yash Paul Goyal

REMUNERATION COMMITTEE

Name of the Members of Remuneration committee

Mr. Harinder Goyal

Mr. Ajay K Arora

Mr. Yash Paul Goyal

SHAREHOLDERS/INVESTORS GRIEVANCES/ SHARE TRANSFER  COMMITTEE : 

Name of the Members of Shareholders Grievances committee

Mr. Mahesh Gupta

Mr. Ankit Gupta

Mr. Vidya Sagar