Page 54 - KRCL ENglish

be communicated to the shareholders. In fullling the above role, the Audit
Committee has powers to investigate any activity within its terms of reference,
seek information from employees and obtain outside legal and professional
advice.

The Board of Directors have reconstituted the Audit Committee on 28.05.2020,
comprising of following Directors: -

Sl. Name of Member Status
No.
1 CA Mosali Devaraja Reddy, Independent Director Chairman
2 Shri Sanjay Gupta, Chairman and Managing Director Member

3 Prof. Dr. R. Srinivasan, Independent Director Member

Director (Finance) and Statutory Auditor of the Corporation are Permanent
Invitees to the Audit Committee. The Company Secretary is the Secretary to the
Audit Committee.

The 84th to 88th Audit Committee Meetings were held on 26.04.2019, 28.05.2019,
05.07.2019, 24.10.2019 and 20.01.2020 resp. During the year 2019-20, the
attendance of the Members of the Audit Committee at the meetings is as follows:

NAME OF DIRECTOR STATUS No of meetings
.

Required to
Held Attended
be attended
CA Mosali Devaraja Reddy, Independent Chairman 5 2 2
Director (w.e.f. 22.08.2019)

Shri Sanjay Gupta Member 5 5 5
Chairman & Managing Director

Prof. Dr. R. Srinivasan, Independent Director Member 5 0 0
(w.e.f. 28.05.2020)

Ms. Archana Arora, Independent Director Ex-Chairperson 5 5 4
(up to 30.01.2020) & Member

Mrs. Anju Ranjan, Executive Director, Member 5 1 1
Finance (Expenditure-I), Railway Board
(w.e.f. 28.05.2019 up to 21.08.2019)

The chairperson of the Audit committee was preset at the last Annual General Meeting.
52