COMPANY PROFILE

ASIAN PAINTS LTD.

NSE Symbol ASIANPAINT Industry PAINTS/VARNISHES

Index NIFTY 50, NIFTY 100, NIFTY 500, NIFTY 200, NIFTY INDIA CONSUMPTION, NIFTY LOW VOLATILITY 50, NIFTY100
QUALITY 30, NIFTY100 LOW VOLATILITY 30, NIFTY ALPHA LOW-VOLATILITY 30, NIFTY ALPHA QUALITY LOW-
VOLATILITY 30, NIFTY ALPHA QUALITY VALUE LOW-VOLATILITY 30, NIFTY QUALITY LOW-VOLATILITY 30, NIFTY
LARGEMIDCAP 250, NIFTY200 QUALITY 30, NIFTY100 ALPHA 30, NIFTY200 MOMENTUM 30, NIFTY500 MULTICAP
50:25:25

Mkt.Cap. (Rs.crore) 2,28,548.06 Turnover (Rs.crore) 20,211.30

as on 08-MAR-2021 for 2019-20

Company Address Company Secretary Details

ASIAN PAINTS HOUSE MR.R.J.JAYAMURUGAN
6A,SHANTINAGAR, SANTACRUZ (EAST) investor.relations@asianpaints.com,rj.jeyamurugan@asianpaints.com
MUMBAI-400055, MAHARASHTRA
Email : investor.relations@asianpaints.com
Tel. : +91-022-62181000
Fax: +91-022-62181111
Website : www.asianpaints.com

OVERVIEW

Number Appointed Ceased Average No.of Gender Ratio (M:F)

(in 2019-20) (in 2019-20) Directorships
in NSE/BSE listed
companies

Independent Directors 7 2 0 4 5:2

Non-Independent 7 1 1 1 6:1
Directors (Executive
and Non-Executive)

All Directors 14 3 1 3 11:3

PRESENT BOARD OF DIRECTORS

Director Age Nationality Education Present Member of Position on Independent First Date of Tenure valid Directorships
Name Occupation Civil the Board Director Appointment till in NSE/BSE
Services as a Director Listed
Companies
ASHWIN 78 INDIA MASTERS- PROMOTER- NONE CHAIRPERS NO 18-OCT-1970 ASIAN
SURYAKANT POLYMER DIRECTOR & ON, NON- PAINTS LTD.,
DANI (MR.) SCIENCE, NON- EXECUTIVE HITECH
UNIVERSITY EXECUTIVE DIRECTOR, CORP.LTD.
OF AKRON, VICE PROMOTER-
AKRON / CHAIRPERS DIRECTOR
P.G.DIPLOM ON, ASIAN
A-COLOUR PAINTS LTD.
SCIENCE,
RENSSELAE
R
POLYTECHNI
C INSTITUTE,
NEW YORK
CITY /
B.SC.(TECH.)
-
PIGMENTS,P
AINTS &
VARNISHES,
INSTITUTE
OF
CHEMICAL
TECHNOLOG
Y, MUMBAI

MANISH 53 INDIA M.B.A.- VICE NO 22-OCT-2018 ASIAN

MAHENDRA ENTERPREN CHAIRPERS PAINTS LTD.
CHOKSI EURSHIP, ON, NON-
(MR.) UNIVERSITY EXECUTIVE
OF DIRECTOR,
HOUSTON, PROMOTER-
HOUSTON / DIRECTOR
B.E.-
CHEMICAL,
UNIVERSITY
OF
HOUSTON,
HOUSTON /
GRADUATE-
MANAGEME
NT
INFORMATIO
N SYSTEM,
UNIVERSITY
OF
HOUSTON,
HOUSTON

AMIT P.G.- CHIEF MANAGING NO 01-APR-2020 31-MAR-2023 ASIAN

SYNGLE MANAGEME EXECUTIVE DIRECTOR, PAINTS LTD.
(MR.) NT / OFFICER & EXECUTIVE
GRADUATE- MANAGING DIRECTOR
MECHANICA DIRECTOR,
L ASIAN
ENGINEERIN PAINTS LTD.
G

JIGISH B.SC.- MANAGING NON- NO 01-APR-2019 ASIAN

SHAILESH BUSINESS DIRECTOR, EXECUTIVE PAINTS LTD.
CHOKSI ADMINISTRA ELF DIRECTOR,
(MR.) TION, TRADING & PROMOTER-
ROCHESTER CHEMICALS DIRECTOR
INSTITUTE MANUFACTU
OF RING LTD.
TECHNOLOG
Y, U.S.A.
MALAV 45 INDIA M.B.A., MANAGING NONE NON- NO 21-OCT-2013 ASIAN
ASHWIN COLUMBIA DIRECTOR, EXECUTIVE PAINTS LTD.,
DANI (MR.) UNIVERSITY, HITECH DIRECTOR, HITECH
NEW YORK CORP.LTD. PROMOTER- CORP.LTD.
CITY / B.S.- DIRECTOR
BUSINESS
MANAGEME
NT, PURDUE
UNIVERSITY,
WEST
LAFAYETTE /
DIPLOMA-SIX
SIGMA
BLACK BELT
PROGRAM /
GRADUATE-
INFORMATIO
N
MANAGEME
NT
LEADERSHIP
PROGRAM

SURESH P.G.- CHAIRPERS NON- YES 01-APR-2019 31-MAR-2024 ASIAN

NARAYANAN ECONOMICS, ON & EXECUTIVE PAINTS LTD.,
(MR.) DELHI MANAGING DIRECTOR NESTLE
SCHOOL OF DIRECTOR, INDIA LTD.
ECONOMICS, NESTLE
NEW DELHI / INDIA LTD.
DIPLOMA-
EXECUTIVE
DEVELOPME
NT, IMD
BUSINESS
SCHOOL,
LAUSANNE /
GRADUATE-
LEADERSHIP
PROGRAMM
E, LONDON
BUSINESS
SCHOOL,
LONDON

SESHASAYE 72 INDIA ASSOCIATE NONE NON- YES 23-JAN-2017 ASIAN

E MEMBER / EXECUTIVE PAINTS LTD.
RAMASWAM F.C.A.(FELLO DIRECTOR
Y (MR.) W
CHARTERED
ACCOUNTAN
T),
INSTITUTE
OF
CHARTERED
ACCOUNTAN
TS OF
INDIA,THE,
CHENNAI /
B.COM. /
C.A.(CHARTE
RED
ACCOUNTAN
T)
VIBHA PAUL 60 INDIA M.B.A.- EXECUTIVE NONE NON- YES 14-MAY-2014 31-MAR-2024 ASIAN
RISHI (MS.) MARKETING, DIRECTOR- EXECUTIVE PAINTS LTD.,
FACULTY OF BRAND & DIRECTOR ESCORTS
MANAGEME HUMAN LTD., ICICI
NT STUDIES, CAPITAL, PRUDENTIAL
NEW DELHI / MAX LIFE
B.A.(HONS.)- FINANCIAL INSURANCE
ECONOMICS, SERVICES CO.LTD.,
LADY SHRI LTD. INDIAN
RAM HOTELS
COLLEGE CO.LTD.,THE
FOR , TATA
WOMEN, CHEMICALS
NEW DELHI LTD.

DEEPAK 72 INDIA M.B.A., RETIRED NONE NON- YES 30-MAY-2000 30-SEP-2023 ASIAN
MADHAV AMERICAN EXECUTIVE PAINTS LTD.,
SATWALEKA UNIVERSITY, DIRECTOR HOME FIRST
R (MR.) WASHINGTO FINANCE
N D.C. / CO.(INDIA)
B.TECH.- LTD.,
MECHANICA PIRAMAL
L, INDIAN ENTERPRISE
INSTITUTE S LTD.,
OF WIPRO LTD.
TECHNOLOG
Y, MUMBAI

MAHENDRA 73 INDIA P.G.- OWNER, NONE NON- YES 25-OCT-2012 31-MAR-2022 AMBUJA
KUMAR ADVANCED M.K.SHARMA EXECUTIVE CEMENTS
SHARMA MANAGEME & DIRECTOR LTD., ASIAN
(MR.) NT ASSOCIATES PAINTS LTD.,
PROGRAMM UNITED
E, HARVARD SPIRITS
BUSINESS LTD.,
SCHOOL, VEDANTA
BOSTON / LTD., WIPRO
P.G.DIPLOM LTD.
A-
PERSONNEL
MANAGEME
NT, DEPT.OF
BUSINESS
MANAGEME
NT,UNIVERSI
TY OF DELHI,
NEW DELHI /
B.A.,
UNIVERSITY
OF
LUCKNOW,
LUCKNOW /
DIPLOMA-
LABOUR
LAWS &
PRACTICE,
INDIAN LAW
INSTITUTE,
NEW DELHI /
LL.B.,
UNIVERSITY
OF
LUCKNOW,
LUCKNOW
PALLAVI 64 INDIA M.B.A., MANAGING NONE NON- YES 01-APR-2019 31-MAR-2024 APOLLO
SHARDUL JAMNALAL PARTNER, EXECUTIVE TYRES LTD.,
SHROFF BAJAJ SHARDUL DIRECTOR ASIAN
(MS.) INSTITUTE AMARCHAND PAINTS LTD.,
OF MANGALDAS INTERGLOBE
MANAGEME & CO. AVIATION
NT STUDIES, PARTNER, LTD., PVR
MUMBAI / AMARCHAND LTD.,
M.M.S.(MAST & TRIDENT
ERS- MANGALDAS LTD.
MANAGEME & SURESH
NT A.SHROFF &
STUDIES), CO.
JAMNALAL
BAJAJ
INSTITUTE
OF
MANAGEME
NT STUDIES,
MUMBAI /
B.A.(HONS.)-
ECONOMICS,
UNIVERSITY
OF DELHI,
NEW DELHI /
LL.B.,
GOVT.LAW
COLLEGE,
MUMBAI

SIVARAM 74 INDIA PH.D.- SCIENTIST NONE NON- YES 07-APR-2001 30-SEP-2021 APCOTEX
SWAMINATH CHEMISTRY, EXECUTIVE INDUSTRIES
AN PURDUE DIRECTOR LTD., ASIAN
(DR.(MR.)) UNIVERSITY, PAINTS LTD.,
WEST DEEPAK
LAFAYETTE / NITRITE
PH.D.- LTD., GMM
HONORIS PFAUDLER
CAUSA, LTD.,
PURDUE SUPREME
UNIVERSITY, PETROCHEM
WEST LTD.
LAFAYETTE /
M.SC.-
CHEMISTRY,
INDIAN
INSTITUTE
OF
TECHNOLOG
Y, KANPUR

ABHAY 70 INDIA B.S., NONE NON- NO 01-MAR-1983 ASIAN

ARVIND SYRACUSE EXECUTIVE PAINTS LTD.
VAKIL (MR.) UNIVERSITY, DIRECTOR,
SYRACUSE / PROMOTER-
B.SC., DIRECTOR
UNIVERSITY
OF MUMBAI,
MUMBAI

AMRITA 40 INDIA B.SC.- NONE NON- NO 14-MAY-2014 ASIAN

AMAR VAKIL HUMAN EXECUTIVE PAINTS LTD.,
(MS.) RESOURCES DIRECTOR, ELCID
, MICHIGAN PROMOTER- INVESTMENT
STATE DIRECTOR S LTD.
UNIVERSITY,
MICHIGAN /
GRADUATE-
ECONOMICS,
MICHIGAN
STATE
UNIVERSITY,
MICHIGAN
Note
• Tenure of directors has been captured from announcements starting from 01-Aug-2017 onwards.

COMMITTEES

AUDIT CORPORATE INVESTMENT NOMINATION & RISK SHAREHOLDERS STAKEHOLDERS/

COMMITTEE SOCIAL COMMITTEE REMUNERATION MANAGEMENT COMMITTEE INVESTORS
RESPONSIBILITY COMMITTEE COMMITTEE RELATIONSHIP
COMMITTEE COMMITTEE

JIGISH SHAILESH M
CHOKSI (MR.)

MANISH M M M
MAHENDRA
CHOKSI (MR.)

ASHWIN M
SURYAKANT
DANI (MR.)

MALAV ASHWIN C M
DANI (MR.)

SURESH M C
NARAYANAN
(MR.)

SESHASAYEE M C C
RAMASWAMY
(MR.)

VIBHA PAUL M M
RISHI (MS.)

DEEPAK MADHAV M M M
SATWALEKAR
(MR.)

MAHENDRA C M
KUMAR SHARMA
(MR.)

PALLAVI M
SHARDUL
SHROFF (MS.)

SIVARAM C
SWAMINATHAN
(DR.(MR.))

AMIT SYNGLE M M M M M
(MR.)

ABHAY ARVIND M M C
VAKIL (MR.)

AMRITA AMAR M M
VAKIL (MS.)

M= Member
C= Chairperson

REMUNERATION OF DIRECTORS

EXECUTIVE DIRECTORS (Rs.lacs)

Director 2019-20 2018-19 2017-18 2016-17 2015-16 2014-15 2013-14 2012-13 2011-12 2010-11 2009-10
Name
KANWARBI 2,077.20 1,180.81 1,057.42 972.05 777.42 610.17 521.41 470.30 N.A. N.A. N.A.
R SINGH
JAGJIT
SINGH
ANAND
(MR.)

PANGULU N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. 458.97 372.83 341.94
RY MOHAN
MURTY
(MR.)

HASIT N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. 0.15 15.35
ASHWIN
DANI (MR.)

NON-EXECUTIVE DIRECTORS (Rs.lacs)

Director 2019-20 2018-19 2017-18 2016-17 2015-16 2014-15 2013-14 2012-13 2011-12 2010-11 2009-10
Name

ASHWIN N.A. 22.38 47.35 45.13 45.25 37.90 32.60 32.50 28.85 28.25 37.02
CHIMANLA
L CHOKSI
(LATE MR.)

ASHWIN 43.25 47.35 43.95 42.05 42.85 37.85 26.75 26.30 22.85 22.40 31.02
SURYAKAN
T DANI
(MR.)

MANISH 33.50 24.50 N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A.
MAHENDR
A CHOKSI
(MR.)

DIPANKAR N.A. N.A. N.A. 23.86 40.00 34.20 25.20 22.65 19.45 18.55 18.85
AMIYA
BASU
(MR.)

JIGISH 29.00 N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A.
SHAILESH
CHOKSI
(MR.)

MAHENDR N.A. 33.60 33.80 31.90 33.40 29.20 22.20 19.15 15.80 14.90 15.20
A
CHIMANLA
L CHOKSI
(MR.)

INA N.A. N.A. N.A. N.A. N.A. N.A. 11.00 19.55 15.80 7.75 N.A.
ASHWIN
DANI (MS.)

MALAV 30.80 35.00 35.20 32.20 32.20 26.40 9.00 N.A. N.A. N.A. N.A.
ASHWIN
DANI (MR.)

SURESH 30.20 N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A.
NARAYAN
AN (MR.)

SESHASAY 32.30 33.30 34.50 4.72 N.A. N.A. N.A. N.A. N.A. N.A. N.A.
EE
RAMASWA
MY (MR.)

VIBHA 29.00 32.80 33.20 31.00 30.70 24.50 N.A. N.A. N.A. N.A. N.A.
PAUL
RISHI (MS.)

DEEPAK 33.50 36.80 36.40 34.00 35.00 30.60 21.80 20.10 18.40 15.35 15.80
MADHAV
SATWALE
KAR (MR.)
 MAHENDR N.A. 37.40 36.40 35.80 38.20 33.20 23.60 22.50 19.45 18.10 18.40
A
MANGALD
AS SHAH
(MR.)

RAJENDRA N.A. N.A. N.A. N.A. N.A. 3.75 19.80 19.15 15.35 14.90 15.20
AMBALAL
SHAH
(MR.)

MAHENDR 36.70 42.20 41.70 40.10 37.10 33.00 20.60 9.60 N.A. N.A. N.A.
A KUMAR
SHARMA
(MR.)

PALLAVI 28.00 N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A.
SHARDUL
SHROFF
(MS.)

RAMADOR N.A. 32.30 33.50 30.10 29.50 23.80 19.00 19.15 4.65 14.60 7.60
AI
VENKATRA
MAN
SUBRAMA
NIAN (MR.)

SIVARAM 30.10 31.70 32.60 30.40 30.90 25.00 19.20 18.95 15.05 14.60 14.60
SWAMINAT
HAN
(DR.(MR.))

ABHAY 37.90 41.88 41.70 39.35 41.65 33.70 15.80 26.90 23.15 22.25 30.87
ARVIND
VAKIL
(MR.)

AMAR N.A. N.A. N.A. N.A. N.A. 3.35 19.00 19.15 15.20 14.90 15.20
ARVIND
VAKIL
(MR.)

AMRITA 29.30 32.10 32.60 30.20 31.20 25.50 N.A. N.A. N.A. N.A. N.A.
AMAR
VAKIL
(MS.)

TARJANI N.A. N.A. N.A. N.A. N.A. N.A. 3.80 25.25 21.15 20.70 20.85
MANMUKH
RAM VAKIL
(MS.)

N.A.- Not applicable

Note:
• Remuneration data is available from 2009-10 onwards.

• For standardizing the remuneration data across different financial years/accounting periods of companies, remuneration figures for years other than an 'April-March' Financial Year have been

adjusted on a pro-rata basis. For e.g. remuneration for calendar year 2012 (viz. January-December 2012) has been taken 3 months into 2011-12 and 9 months into 2012-13.

• Bonus/Variable pay is added in the year to which it pertains and not the year in which it is paid out.

• Stock Options/Shares Held figures at any date other than 31st March have been reflected as the holding on the end date of financial year in which that date is falling. For e.g. Stock

Options/Shares Held figures on 31st December 2011 shall reflect as Stock Options/Shares Held figures on 31st March 2012.

CESSATION OF DIRECTORS

Sl.No. Director Name Last Held Position on the Board Independent Director Date of Cessation Reason of Cessation

1. KANWARBIR SINGH JAGJIT SINGH MANAGING DIRECTOR, NO 31-MAR-2020 RETIRED/SUPERANNU

ANAND (MR.) EXECUTIVE DIRECTOR ATED/TERM EXPIRED

2. MAHENDRA CHIMANLAL CHOKSI NON-EXECUTIVE DIRECTOR, NO 31-MAR-2019 RESIGNED (DUE TO

(MR.) PROMOTER-DIRECTOR OLD AGE)
 3. ASHWIN CHIMANLAL CHOKSI CHAIRPERSON, NON-EXECUTIVE NO 19-SEP-2018 DEMISE
(LATE MR.) DIRECTOR

4. AMAR ARVIND VAKIL (MR.) NON-EXECUTIVE DIRECTOR, NO 14-MAY-2014 RETIRED/SUPERANNU

PROMOTER-DIRECTOR ATED/TERM EXPIRED

5. INA ASHWIN DANI (MS.) NON-EXECUTIVE DIRECTOR, NO 21-OCT-2013 RESIGNED (NO

PROMOTER-DIRECTOR REASON STATED)

6. PANGULURY MOHAN MURTY (MR.) MANAGING DIRECTOR, NO 31-MAR-2012 RETIRED/SUPERANNU

EXECUTIVE DIRECTOR ATED/TERM EXPIRED

7. HASIT ASHWIN DANI (MR.) PROMOTER-DIRECTOR NO 03-JUN-2010 RESIGNED (NO

REASON STATED)

8. RAMADORAI VENKATRAMAN NON-EXECUTIVE DIRECTOR YES 31-MAR-2019 NOT INTERESTED IN

SUBRAMANIAN (MR.) RE-APPOINTMENT/RE-
ELECTION

9. MAHENDRA MANGALDAS SHAH NON-EXECUTIVE DIRECTOR YES 31-MAR-2019 NOT INTERESTED IN

(MR.) RE-APPOINTMENT/RE-
ELECTION

10. DIPANKAR AMIYA BASU (MR.) NON-EXECUTIVE DIRECTOR YES 01-JAN-2017 RESIGNED (DUE TO
OLD AGE)

11. RAJENDRA AMBALAL SHAH (MR.) NON-EXECUTIVE DIRECTOR YES 26-JUN-2014 RETIRED/SUPERANNU
ATED/TERM EXPIRED

12. TARJANI MANMUKHRAM VAKIL NON-EXECUTIVE DIRECTOR YES 09-MAY-2013 RETIRED/SUPERANNU

(MS.) ATED/TERM EXPIRED

Note
• Cessations data is from 1 January 2006 onwards.

ATTENDANCE

EXECUTIVE DIRECTORS

Director Name Position on the Board Independent Director 2019-20 (Total No. of Board Meetings held :
7)

Total No. of No. of Board % Attendance

Board Meetings Meetings
held during the Attended
Tenure of
Director

KANWARBIR SINGH JAGJIT MANAGING DIRECTOR, NO N.A. 7 N.A.

SINGH ANAND (MR.) EXECUTIVE DIRECTOR

NON-EXECUTIVE DIRECTORS

Director Name Position on the Board Independent Director 2019-20 (Total No. of Board Meetings Held :
7)

Total No.of No. of Board % Attendance

Board Meetings Meetings
held during the Attended
Tenure of
Director

ASHWIN SURYAKANT DANI (MR.) CHAIRPERSON, NON-EXECUTIVE NO 7 7 100.00

DIRECTOR, PROMOTER-
DIRECTOR

MANISH MAHENDRA CHOKSI VICE CHAIRPERSON, NON- NO 7 7 100.00

(MR.) EXECUTIVE DIRECTOR,
PROMOTER-DIRECTOR

JIGISH SHAILESH CHOKSI (MR.) NON-EXECUTIVE DIRECTOR, NO N.A. 7 N.A.

PROMOTER-DIRECTOR
 MALAV ASHWIN DANI (MR.) NON-EXECUTIVE DIRECTOR, NO 7 7 100.00
PROMOTER-DIRECTOR

SURESH NARAYANAN (MR.) NON-EXECUTIVE DIRECTOR YES N.A. 6 N.A.

SESHASAYEE RAMASWAMY NON-EXECUTIVE DIRECTOR YES 7 6 85.71

(MR.)

VIBHA PAUL RISHI (MS.) NON-EXECUTIVE DIRECTOR YES 7 7 100.00

DEEPAK MADHAV SATWALEKAR NON-EXECUTIVE DIRECTOR YES 7 7 100.00

(MR.)

MAHENDRA KUMAR SHARMA NON-EXECUTIVE DIRECTOR YES 7 7 100.00

(MR.)

PALLAVI SHARDUL SHROFF (MS.) NON-EXECUTIVE DIRECTOR YES N.A. 5 N.A.

SIVARAM SWAMINATHAN NON-EXECUTIVE DIRECTOR YES 7 5 71.43

(DR.(MR.))

ABHAY ARVIND VAKIL (MR.) NON-EXECUTIVE DIRECTOR, NO 7 7 100.00

PROMOTER-DIRECTOR

AMRITA AMAR VAKIL (MS.) NON-EXECUTIVE DIRECTOR, NO 7 7 100.00

PROMOTER-DIRECTOR

Note
• Board Meeting Attendance data is available from 2014-15 onwards.

BOARD EVALUATION DETAILS

2019-20

IN TERMS OF THE REQUIREMENT OF THE COMPANIES ACT, 2013 AND THE LISTING REGULATIONS, AN ANNUAL PERFORMANCE
EVALUATION OF THE BOARD IS UNDERTAKEN WHERE THE BOARD FORMALLY ASSESSES ITS OWN PERFORMANCE WITH THE AIM
TO IMPROVE THE EFFECTIVENESS OF THE BOARD AND THE COMMITTEES. THE COMPANY HAS A STRUCTURED ASSESSMENT
PROCESS FOR EVALUATION OF PERFORMANCE OF THE BOARD, COMMITTEES OF THE BOARD AND INDIVIDUAL PERFORMANCE OF
EACH DIRECTOR INCLUDING THE CHAIRMAN. THE INDEPENDENT DIRECTORS AT THEIR SEPARATE MEETING REVIEWED THE
PERFORMANCE OF: NON-INDEPENDENT DIRECTORS AND THE BOARD AS A WHOLE, CHAIRPERSON OF THE COMPANY AFTER
TAKING INTO ACCOUNT THE VIEWS OF EXECUTIVE DIRECTORS AND NON-EXECUTIVE DIRECTORS, THE QUALITY, QUANTITY AND
TIMELINESS OF FLOW OF INFORMATION BETWEEN THE COMPANY MANAGEMENT AND THE BOARD THAT IS NECESSARY FOR THE
BOARD TO EFFECTIVELY AND REASONABLY PERFORM THEIR DUTIES. DURING THE YEAR UNDER REVIEW, SURVEYS WERE
UNDERTAKEN FOR EVALUATION OF PERFORMANCE OF DIRECTORS, BOARD AS A WHOLE AND COMMITTEES OF THE BOARD.
BASED ON THE INPUTS RECEIVED FROM THE DIRECTORS, AN ACTION PLAN IS BEING DRAWN UP IN CONSULTATION WITH THE
CHAIRMAN OF THE NRC AND A SEPARATE MEETING OF THE BOARD WOULD BE HELD TO DISCUSS AND DRAW UP A PLAN OF
ACTION.

Note
• The information shown above is as provided by the company/updated by Indian Boards.

• There could be a time lag between the date of company filing information/correction with us and the same getting reflected on this website, mainly because of the processes involved as also the

need for data verification/cleaning.

• Board evaluation details have been captured as disclosed by the companies. No editing/error correction has been done.

• In case you notice any discrepancies with the data, you are requested to let us know immediately so that we can take appropriate action.