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3.1.2 Composition
The Committee comprises four Members. All the Members are Non-executive and Independent Directors. The Members
have relevant experience in financial matters.
Number
Name
Designation
1
Dr S S Baijal
Chairman
2
Mr G S Patel
Member
3
Mr B S Mehta
Member
4
Mr V S Rangan
Member
3.1.3 Meetings and Attendance
During the year six meetings were held:
Number
Name
Total
Attended
1
Dr S S Baijal
6
6
2
Mr G S Patel
6
6
3
Mr B S Mehta
6
6
4
Mr V S Rangan
6
6
The Statutory Auditors, the Cost Auditors, the Chairman & Managing Director, the President, Finance & Company Secretary,
Heads of Finance, Accounts, Legal & Secretarial, Costing and Internal Audit are permanent invitees to the meetings.
The Board notes the minutes of the Audit Committee meetings.
3.2 Share Transfer and Shareholders’ | Investors’ Grievance Committee
3.2.1 Role
i)
Reviewing redressal of complaints of the Shareholders and the Investors like transfer of shares (physical and demat),
non-receipt of Balance Sheet, non-receipt of declared dividends, etc
ii) Reviewing any other related matter which the Committee may deem fit in the circumstances of the case including
the following:
Transfer shares
Transmit shares
Delete name(s) from share certificates
Change name(s) of the Members on share certificates
Issue duplicate share certificates
Consolidate share certificates
Transpose names
Dematerialise shares
Rematerialise shares
Split-up shares
Replace shares
Delete names(s) of guardian(s)