Page 118 - BCML AR 2019-20

STATUTORY SECTION

ID- Independent, Non-Executive; PE- Promoter, Executive; NPE- the conditions specified under the Listing Regulations and are
Non-Promoter, Executive; NED- Non-Independent, Non-Executive independent of the management. None of the directors of the
Company are related to each other. The Company is in compliance
The Committee positions are based on the latest disclosures with the provisions regarding Board, its composition and committees
received by the Company.
under the Act and the Listing Regulations.
^Only membership/ chairmanship of the Audit Committee and
Stakeholders’ Relationship Committee of Indian public limited During the year 2019-20, Smt. Novel S Lavasa, (Independent
companies have been considered. Director) had resigned from the office of Independent Director of
the Company with effect from 31st May, 2019 owing to her eye
*Details given are as on the date of their cessation as directors of operation and limitations arising out of same. Smt. Lavasa confirmed
the Company. that there were no other reasons attributable / connected with the
Company for her resignation.
The Independent Directors of the Company have confirmed that
they meet the criteria for “independence” and / or “eligibility” as Further, due to sad demise of Late (Shri) R. N. Das, he ceased to
prescribed under the Listing Regulations and Section 149 of the be independent director of the Company with effect from 3rd of
Companies Act, 2013 (as amended) (the “Act”) and in the opinion December, 2019.
of the Board, the independent directors of the Company fulfill

As required under Para C of Schedule V to the Listing Regulations, based on the latest disclosures received by the Company, following are the
number of other directorships and the names of the listed entities where the directors of the Company are also a director and the category
of their directorships therein:

Name of the Directors No. of Directorships@ Directorships and its category in listed entities
Shri Sumit Mazumder 4 Balrampur Chini Mills Limited (ID)
Jay Shree Tea and Industries Limited (ID)
TIL Limited (PE)
Shri Vivek Saraogi 1 Balrampur Chini Mills Limited (PE)
Shri D. K. Mittal 10 Balrampur Chini Mills Limited (ID)
Max Financial Services Limited (ID)
Bharti Airtel Limited (ID)
Max India Limited (ID) (upto 16.04.2020)
Max Ventures and Industries Limited (ID)
Trident Limited (ID)
Shri Krishnava Dutt 6 Balrampur Chini Mills Limited (ID)
Tata Metaliks Limited (ID)
Tata Steel BSL Limited (ID)
TRF Limited (ID)
Shri Sakti Prasad Ghosh 5 Balrampur Chini Mills Limited (ID)
Shristi Infrastructure Development Corporation Limited (ID)
Dr. Arvind Krishna Saxena 1 Balrampur Chini Mills Limited (NPE)
Shri Naresh Dayal 1 Balrampur Chini Mills Limited (NED)
Ms. Veena Hingarh 2 Balrampur Chini Mills Limited (ID)
TIL Limited (ID)
Late Shri R. N. Das 1 Balrampur Chini Mills Limited (ID)
(ceased w.e.f. 03-12-2019)
Smt. Novel S Lavasa 2 Balrampur Chini Mills Limited (ID)
(ceased w.e.f. 31-05-2019) Omax Autos Limited (ID)

ID- Independent, Non-Executive; PE- Promoter, Executive; NPE- Non-Promoter, Executive; NED- Non-Independent, Non-Executive
@Excludes memberships of the managing committee of various chambers/bodies, directorships in private limited companies, foreign
companies, companies registered under section 8 of the Act and alternate directorships.

116 | Balrampur Chini Mills Limited