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EXPLANATORY STATEMENT
The following Explanatory Statement, as required by Section 102 of the Companies Act, 2013 sets out material facts including
the nature and concern or interest of the Directors in relation to the items of Special Business under Item Nos 06, 07, 08, 09,
10, 11, 12, 13, 14 and 15 mentioned in the accompanying Notice dated June 14, 2014.
Item No 06
Mr S M Datta is an Independent Director of the Company. Mr Datta is also a Member of the Investment Committee of the Board
of Directors (Board).
Name
Mr S M Datta
Date of birth
July 01, 1936
Brief résumé
Mr S M Datta is a Director of the Company since October 28, 2002.
Mr Datta is the Chairman of Administrative Staff College of India. He is also associated
with various other renowned institutes.
Mr Datta was the Chairman of Hindustan Unilever Ltd as well as of all Unilever Group
companies in India and Nepal from 1990 to 1996.
Mr Datta is a Chartered Engineer; Honorary Fellow - All India Management Association,
Fellow - Indian Institute of Chemical Engineers, Member - Society of Chemical Industry
(London) and Fellow - The Institution of Engineers (India).
Mr Datta holds a post graduate degree in Science and Technology from the University of
Calcutta.
Directorship in other companies
Public Companies:
Bhoruka Power Corporation Ltd
Castrol India Ltd - Chairman
Door Sabha Nigam Ltd
IL&FS Investment Managers Ltd - Chairman
Peerless Financial Products Distributors’ Ltd - Chairman
Peerless General Finance & Investment Company Ltd
Peerless Hotels Ltd
Philips Electronics India Ltd - Chairman
Rabo India Finance Ltd
Speciality Restaurants Ltd - Chairman
Transport Corporation of India Ltd - Chairman
Zodiac Clothing Company Ltd
Private Companies:
Chandras Chemical Enterprises Pvt Ltd
SMD Management Consultants Pvt Ltd
Membership in committees of other
companies
Chairman of Committees:
Bhoruka Power Corporation Ltd - Audit Committee
Castrol India Ltd - Shareholders’ | Investors’ Grievances Committee
Transport Corporation of India Ltd - Compensation Committee
Transport Corporation of India Ltd - Remuneration Committee
Member of Committees:
Castrol India Ltd - Audit Committee
IL&FS Investment Managers Ltd - Compensation Committee
IL&FS Investment Managers Ltd - Shareholders’ | Investors’ Grievances Committee
Peerless General Finance & Investment Company Ltd - Audit Committee
Rabo India Finance Ltd - Audit Committee
Transport Corporation of India Ltd - Audit Committee
Number of shares held in the Company 10,000
Mr Datta retires by rotation at the ensuing Annual General Meeting under the erstwhile applicable provisions of Companies Act,
1956. In terms of Section 149 and any other applicable provisions of the Companies Act, 2013, Mr Datta being eligible and
offering himself for appointment, is proposed to be appointed as an Independent Director for five consecutive years for a term
up to March 31, 2019. A Notice has been received from a Member proposing Mr Datta as a candidate for the office of Director
of the Company.