Atul Ltd 2019-20

Corporate Governance Report 59 The Independent Directors fulfill the conditions specified in the regulations and are independent of the Management. The Board has identified certain skills | expertise | competence as required to be possessed by the Board of Directors to ensure effective functioning of the business(es) and sectors of the Company. The mapping of these skills | expertise | competence among the Directors is as given below: Skills | expertise | competence Name of Directors Commercial S S Lalbhai, S A Lalbhai, B N Mohanan Finance B S Mehta, V S Rangan, M M Chitale, S A Panse, T R Gopi Kannan Sales and marketing S M Datta, B R Arora, S S Lalbhai Science and technology S M Datta, B R Arora, B N Mohanan Domain industry B R Arora, S S Lalbhai General management S M Datta, S A Panse, B R Arora, S S Lalbhai Legal, including laws related to corporate governance R A Shah, B S Mehta, V S Rangan, M M Chitale, T R Gopi Kannan The Non-executive Directors are eminent professionals drawn from the above areas. Relevant details about the Board Members are as under: No. Name Directorship(s) in other company (ies)¹ Membership(s) of the Committee(s) of the Board(s)² Chairmanship(s) of the Committee(s) of the Board(s)² Chairman and Managing Director 01. S S Lalbhai 7 3 1 Managing Director 02. S A Lalbhai 3 - - Whole-time Directors 03. B N Mohanan 8 - - 04. T R Gopi Kannan 8 4 - Non-executive Directors 05. R A Shah 8 2 3 06. B S Mehta 4 3 2 07. S M Datta 5 4 2 08. V S Rangan 6 5 - 09. M M Chitale 6 4 3 10. S A Panse 5 3 3 11. B R Arora 1 3 1 Mr S S Lalbhai and Mr S A Lalbhai are promoter Directors. Except Mr R A Shah, all other Non-executive Directors are Independent 1 Excludes Directorships in foreign companies and private limited companies 2 In compliance with Regulation 27 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Memberships | Chairmanships of only the Audit Committees and the Stakeholders Relationship Committees of all public limited companies including the Company were considered.