Corporate Governance

Composition of Committees

Our committees play a vital role in ensuring effective corporate governance, regulatory compliance, and protection of stakeholder interests.

Governance Structure

Board Committees

Our board committees ensure robust governance practices and regulatory compliance across all operations.

Audit Committee

Oversees financial reporting, internal controls, and audit functions to ensure accuracy and compliance.

Key Responsibilities:

  • Review of financial statements and audit reports
  • Oversight of internal audit function
  • Review of internal control systems
  • Monitoring compliance with legal and regulatory requirements
Nomination & Remuneration Committee

Responsible for director appointments, remuneration policies, and performance evaluation.

Key Responsibilities:

  • Identifying qualified candidates for board positions
  • Recommending remuneration for directors and key personnel
  • Performance evaluation of directors
  • Succession planning for key positions
Stakeholders Relationship Committee

Addresses stakeholder grievances and ensures effective communication with investors.

Key Responsibilities:

  • Resolving investor complaints and grievances
  • Reviewing measures for effective investor communication
  • Overseeing share transfer and transmission
  • Monitoring investor satisfaction
Risk Management Committee

Identifies, assesses, and monitors business risks to protect company interests.

Key Responsibilities:

  • Identifying and assessing business risks
  • Developing risk mitigation strategies
  • Monitoring risk management framework
  • Reviewing risk policies and procedures
Asset Liability Committee (ALCO)

Manages asset-liability mismatches and ensures liquidity management.

Key Responsibilities:

  • Monitoring liquidity and interest rate risks
  • Managing asset-liability gaps
  • Setting pricing strategies
  • Ensuring regulatory compliance on ALM

Committee Meetings & Compliance

All board committees meet regularly as per the requirements of applicable laws and regulations. The composition and terms of reference of each committee are in line with the provisions of the Companies Act, 2013 and RBI guidelines for Non-Banking Financial Companies.

4+

Meetings per year

100%

Compliance Record

5

Active Committees