بين الماضي والحاضر والمستقبل، هناك عامل واحد مشترك: العلاقة والثقة. هذا هو أساس نمونا. - رئيس مجلس إدارة شري دربحي H. أمباني وفقا للبند 49 من اتفاقية الإدراج مع بس المحدودة (بس) والبورصة الوطنية الهندية المحدودة (نس) وبعض من أفضل الممارسات المتبعة دوليا على حوكمة الشركات، والتقرير الذي يحتوي على فيما يلي تفاصيل أنظمة وعمليات حوكمة الشركات في شركة ريلاينس للصناعات المحدودة: في شركة ريلاينس للصناعات المحدودة) ريلانس إندستريز ليميتد (ريلانس إندستريز ليميتد) ريلانس إندستريز ليميتد (، تقوم حوكمة الشركات على الحفاظ على عالقة قيمة وثقة مع جميع أصحاب المصلحة. في ريل، نعتبر أصحاب المصلحة شركاء في نجاحنا، ونحن لا نزال ملتزمين بتعظيم قيمة أصحاب المصلحة، سواء كان المساهمين والموظفين والموردين والعملاء والمستثمرين والمجتمعات المحلية أو صناع السياسات. وينبع هذا النهج نحو خلق القيمة من إيماننا بأن نظام الحكم السليم القائم على العلاقة والثقة هو جزء لا يتجزأ من خلق قيمة دائمة للجميع. لدينا إطار سياسة محددة للسلوك الأخلاقي للشركات. ونحن نعتقد أن أي سلوك تجاري يمكن أن يكون أخلاقيا فقط عندما تقوم على القيم الأساسية التسعة من الصدق والنزاهة والاحترام والإنصاف والغرض والثقة والمسؤولية والمواطنة والشجاعة. بيان حول فلسفة الشركة حول قواعد الحوكمة تتضمن حوكمة الشركات مجموعة من األنظمة والممارسات لضمان إدارة شؤون الشركة بطريقة تضمن المساءلة والشفافية واإلنصاف في جميع المعامالت بأوسع معانيها. والهدف هو تلبية تطلعات أصحاب المصلحة والتوقعات المجتمعية. وتنبع ممارسات الحكم الرشيد من الثقافة الدينامية والعقلية الإيجابية للمنظمة. في ريل، ونحن ملتزمون لتلبية تطلعات جميع أصحاب المصلحة لدينا. ويتجلى ذلك في عوائد المساهمين، وتصنيفات ائتمانية عالية، وعمليات الحوكمة وأداء المشاريع التي تركز على بيئة العمل. بالإضافة إلى ذلك، استفاد عملائنا من منتجات ذات جودة عالية تسليمها بأسعار تنافسية للغاية. ويكمن جوهر حوكمة الشركات في تعزيز والحفاظ على النزاهة والشفافية والمساءلة في المستويات العليا للإدارة. تتطلب متطلبات حوكمة الشركات من المهنيين رفع مستوى كفاءتهم وقدراتهم لتلبية التوقعات في إدارة المؤسسة ومواردها بشكل فعال بأعلى معايير الأخلاق. وبالتالي أصبح من الضروري تعزيز والحفاظ على الثقافة التي تدمج جميع مكونات الحكم الرشيد من خلال موازنة بعناية العلاقة المعقدة بين مجلس الإدارة ولجنة التدقيق والمالية وفريق الامتثال والتأكد من المدققين والإدارة العليا. في ريل، وينعكس رضا موظفينا في استقرار الإدارة العليا لدينا، وانخفاض الاستنزاف على مختلف المستويات وإنتاجية أعلى بكثير. وفوق كل شيء، نشعر بالامتنان لأن نكون جزءا لا يتجزأ من التنمية الاجتماعية في الهند. وترد تفاصيل العديد من هذه المبادرات في تقرير المسؤولية الاجتماعية للشركات. في ريل، ونحن نعتقد أنه ونحن نقترب من تطلعاتنا لكوننا شركة عالمية، يجب أن تكون معايير حوكمة الشركات لدينا على مستوى العالم. لذلك، قمنا بإضفاء الطابع المؤسسي على اللبنات الأساسية للنمو في المستقبل. وستعمل اللبنات األساسية على ضمان تحقيق طموحنا بطريقة حكيمة ومستدامة. لا تلتزم ريل فقط بممارسات حوكمة الشركات المنصوص عليها وفقا للبند 49 من اتفاقية الإدراج مع البورصات في الهند (اتفاقية الإدراج)، ولكنها ملتزمة أيضا بمبادئ وممارسات حوكمة الشركات السليمة. وتسعى باستمرار إلى تبني أفضل الممارسات الناشئة التي يتم اتباعها في جميع أنحاء العالم. إن سعينا لتحقيق معايير أعلى وتوفير الرقابة والتوجيه للإدارة في تنفيذ الاستراتيجية وإدارة المخاطر وتحقيق الأهداف والغايات المعلنة. وعلى مر السنين، عززنا ممارسات الحوكمة. وتحدد هذه الممارسات الطريقة التي يجري بها العمل وتولد القيمة. تؤخذ مصالح أصحاب المصلحة في الاعتبار، قبل اتخاذ أي قرار الأعمال. وتتميز شركة ريل بمكافأة مساهميها باستمرار على مدى 36 عاما حافلا بالأحداث من أول طرح أولي لها. ومنذ ذلك الحين، انتقلت ريل من فكرة كبيرة إلى أخرى وتستمر هذه المعالم في دفع سعينا الدؤوب لتحقيق أهداف أعلى من أي وقت مضى. لقد نما بمعدل نمو سنوي مركب (كاغر) من الإيرادات 27.3، إبيتدا 27.1 وصافي الربح 28.1. وقد أيدت الأسواق المالية أداءنا الاسترالي وارتفعت القيمة السوقية بمعدل سنوي مركب بلغ 33.2 خلال الفترة نفسها. وفيما يتعلق بتوزيع الثروة على مساهمينا، وبصرف النظر عن وجود سجل حافل من أرباح الأسهم دون انقطاع، فقد حققنا أيضا عوائد ثابتة لا مثيل لها للمساهمين منذ الإدراج. ونتيجة لمبادرتنا هو اتساع نطاقنا وتكرارنا. وقد نمت قاعدة المساهمين من 52،000 بعد الاكتتاب العام إلى قاعدة حالية موحدة تبلغ حوالي 3 ملايين. على مدى عقود، ريل ينمو في خطوة مع التنمية الصناعية والاقتصادية الهندية. وقد ساعدت الشركة في تحويل الاقتصاد الهندي مع مشاريع كبيرة التذكرة وتنفيذ على مستوى عالمي. إن السعي إلى رفع مستوى نوعية الحياة في الهند مستمر بلا هوادة. أنه ينبع من مقال أساسي من الإيمان: ما هو جيد بالنسبة للهند هو جيد ل ريليانس. ونحن نعتقد، حوكمة الشركات ليست مجرد وجهة، ولكن رحلة لتحسين باستمرار خلق القيمة المستدامة. إنه هدف يتحرك نحو أعلى نسعى جاهدين نحو تحقيقه. إن مبادراتنا المتعددة نحو الحفاظ على أعلى معايير الحوكمة مفصلة في الصفحات التالية. هيكل احلوكمة املناسب مع األدوار واملسؤوليات احملددة قامت الشركة بوضع هيكل حوكمة داخلي مع حتديد أدوار ومسؤوليات محددة لكل مكون من مكونات النظام. يعين مساهمو الشركة مجلس اإلدارة الذي بدوره يحكم الشركة. وقد أنشأ المجلس ست لجان للاضطلاع بمسؤولياته بطريقة فعالة. ريلس يعمل أمين سر الشركة كأمين لجميع اللجان الست. ويقدم رئيس مجلس الإدارة والعضو المنتدب التوجيه والتوجيه العامين للمجلس. وفي الوقت نفسه، فإن دائرة إدارة المخاطر مسؤولة عن التنفيذ الشامل. في عمليات وأداء الشركة، يتم دعم سمد من قبل أربعة المديرين التنفيذيين ومجموعة أساسية من كبار المسؤولين التنفيذيين. وغالبية أعضاء مجلس اإلدارة، 8 من أصل 14، هم أعضاء مستقلون. في ريل، ونحن نعتقد أن مجلس مستنير بوعي يخلق ثقافة القيادة لتوفير رؤية طويلة الأجل ونهج السياسة لتحسين نوعية الحكم. تتماشى إجراءات المجلس وقراراته مع المصالح الفضلى للشركة. وهي ملتزمة بهدف رفع مستوى قيمة الشركة بشكل مستدام. وقد حددت الشركة مبادئ توجيهية وإطارا ثابتا لاجتماعات مجلس اإلدارة ولجانه. وتسعى هذه المبادئ التوجيهية إلى تنظيم عملية صنع القرار في اجتماع المجلس ولجان المجلس بطريقة مستنيرة وفعالة. يقوم مجلس اإلدارة بتقييم التوجه االستراتيجي والسياسات اإلدارية للشركة وفعاليتها بشكل نقدي. ويتضمن جدول أعمال مجلس اإلدارة االستعراض االستراتيجي من كل لجنة من لجان المجلس، وتحليل مفصل واستعراض للخطط االستراتيجية والتشغيلية السنوية وتخصيص رأس المال والميزانيات. باإلضافة إلى ذلك، يقوم مجلس اإلدارة بمراجعة المعامالت مع األطراف ذات العالقة والمخاطر المحتملة وتدابير تخفيف المخاطر والتقارير المالية من المدير المالي وتقارير األعمال من كل رئيس من رؤساء القطاعات. ويحدد التفاعل المتكرر والمفصل جدول الأعمال ويوفر خارطة الطريق الاستراتيجية لنمو الشركة في المستقبل. في ريل، ونحن نسعى جاهدين لإجراء أعمالنا وتعزيز علاقاتنا بطريقة كريمة ومميزة ومسؤولة. ونحن نتمسك بالمعايير الأخلاقية لضمان النزاهة والشفافية والاستقلال والمساءلة في التعامل مع جميع أصحاب المصلحة. ولذلك، فقد اعتمدنا مدونات وسياسات مختلفة للاضطلاع بواجباتنا بطريقة أخلاقية. بعض هذه المدونات والسياسات هي: مدونة مجلس اإلدارة ولجان مجلس اإلدارة مدونة قواعد السلوك المهني واألخالقيات للمدراء اإلداريين قواعد السلوك الخاصة بمنع تداول األشخاص من الداخل قواعد األخالقيات وسياسات األعمال وثيقة السياسات حول دليل القيم وااللتزامات حول حوكمة الشركات) سياسة السلامة والصحة والبيئة مدونة التقارير المالية والإفصاح الشفافية دليل مسؤولية المسؤولية التجارية التدقيق والفحوص الداخلية والتوازنات السيدة ديلويت هاسكينز سيلز لب والمحاسبين القانونيين والسيدة تشاتورفيدي شاه والمحاسبين القانونيين، واحدة من الشركات الرائدة في الهند التدقيق وعضو في شبكة نيكسياس العالمية من شركات المحاسبة والاستشارات المستقلة والسيدة راجندرا شركة المحاسبين القانونيين، عضو في بريمغلوبال، وهي جمعية من شركات المحاسبة المستقلة، ومراجعة حسابات الشركة. ولدى الشركة خلية تدقيق داخلي إلى جانب شركات خارجية تعمل كمراجعين داخليين مستقلين، وتقوم بمراجعة الضوابط الداخلية وأنظمة وإجراءات التشغيل. وتكفل خلية االمتثال القانوني املتخصصة أن تقوم الشركة بأعمالها مبستويات عالية من االمتثال القانوني والتنظيمي والتنظيمي. قامت شركة ريل بتطوير برنامج امتثال قانوني يتوافق مع أفضل المعايير الدولية بدعم من نظام إلكتروني قوي يغطي وحدات التصنيع التابعة للشركة وكذلك الشركات التابعة لها. ويشمل نطاق هذا النظام قوانين مختلفة، مثل القوانين الصناعية وقوانين العمل، وقوانين الضرائب، وقوانين الشركات والأوراق المالية، ولوائح الصحة والسلامة والبيئة. في قلب عملياتنا هو الاستخدام الواسع للتكنولوجيا. وهذا يضمن متانة وسلامة التقارير المالية والضوابط الداخلية، ويتيح الاستخدام الأمثل وحماية الأصول، ويسهل تجميع دقيق وفي الوقت المناسب من البيانات المالية والتقارير الإدارية ويضمن الامتثال للقوانين واللوائح التنظيمية وسياسات الشركة. مبادرات اإلدارة للضوابط واإلمتثال إن مجموعة فرعية من مبادرة تحويل األعمال التي تقوم بها اإلدارة لدعم النمو العالي وإضفاء الطابع المؤسسي على أفضل العمليات والهياكل الجديدة للحوكمة، مكرسة إلدارة المخاطر والضوابط واالمتثال في جميع أنحاء المؤسسة. تطبق ريل نهجا مشتركا ومنهجيا لإدارة المخاطر والضوابط والامتثال بطريقة متكاملة. وتعمل الشركة حاليا على تطوير إطار متكامل للامتثال على مستوى عالمي لتقديم تأكيد معقول إلى اإلدارة ومجلس اإلدارة فيما يتعلق بتصميم وفعالية إطار الرقابة الداخلية. وقد تم توثيق الإطار لتوفير رؤية شاملة لما يلي: نقاط المراقبة الرئيسية في العملية المنظمات المسؤولة تشكل المعلومات الواردة أعلاه أساسا للإدارة من أجل تطوير وصيانة نظام رقابة داخلية يتسم بالشفافية والفعالية. أفضل ممارسات حوكمة الشركات تحتفظ ريل بأعلى معايير الحوكمة المؤسسية. إن مسعى الشركة الدائم إلى تبني أفضل ممارسات حوكمة الشركات مع مراعاة القواعد الدولية لحوكمة الشركات وممارسات الشركات العالمية المعروفة. بعض من أفضل معايير الحوكمة العالمية المنفذة تشمل ما يلي: لدى الشركة مدير مستقل مستقل معين له دور محدد. تتم مراجعة جميع اإليداعات ذات الصلة بالسندات مع بورصات البورصة و سيبي كل ربع سنة من قبل لجنة عالقات أصحاب المصلحة في الشركة) سابقا لجنة المساهمين للمستثمرين (. ولدى الشركة لجان مستقلة في مجلس اإلدارة للمسائل المتعلقة بحوكمة الشركات والجهات المعنية وترشيح أعضاء مجلس اإلدارة. يتم التدقيق الداخلي للشركة من قبل مدققين مستقلين. كما تخضع الشركة لتدقيق السكرتارية التي يقوم بها أمين شركة مستقل والذي هو في الممارسة طوال الوقت. يتم عرض تقارير التدقيق الفصلية للسكرتارية على مجلس اإلدارة وتقرير التدقيق السنوي للسكرتارية المعروض على مجلس اإلدارة. لجان األعمال والمخاطر الوظيفية والتأمين) براس (من أجل إجراء تقييم أفضل لمخاطر األعمال والمخاطر الوظيفية ومراقبة فعالية تخفيف المخاطر استنادا إلى تقييم المخاطر، تم إدخال مفهوم لجان تقييم المخاطر) براك (الذي يضم موظفي اإلدارة العليا في اللجنة المذكورة. االستعراض االستباقي لممارسات ومعايير الحوكمة تقوم شركة ريل بمراجعة ممارسات وممارسات الحوكمة بشكل استباقي من بين أمور أخرى النظر في أفضل الممارسات والتطورات التنظيمية. خالل السنة قيد المراجعة، حدثت التطورات الهامة التالية على صعيد الحوكمة: دستور لجنة المسؤولية االجتماعية والحوكمة: بالنظر إلى العمل الذي تقوم به الشركة على الجبهة االجتماعية، شكل مجلس إدارة الشركة لجنة المسؤولية االجتماعية والحوكمة المؤسسية، (لجنة سرغ). وتتولى لجنة سرج المسؤولية الرئيسية عن صياغة ورصد تنفيذ إطار سياسة المسؤولية الاجتماعية للشركات والسياسات الأخرى في إطار دليل سياسة مسؤولية الأعمال والنظر في مسائل الاستدامة والمسائل المتعلقة بالحوكمة العامة. لجنة الموارد البشرية والترشيحات والمكافآت: لترشيد جميع القضايا المتعلقة بالموظفين، مع االلتزام بمتطلبات قانون الشركات، والبند 49 من اتفاقية التسجيل، ومجلس األوراق المالية والبورصة في الهند) خطة خيار أسهم الموظفين ونظام شراء األسهم للموظفين (لعام 2013، المبادئ التوجيهية، 1999، بصيغتها المعدلة من وقت لآخر، شكل مجلس الإدارة لجنة الموارد البشرية والترشيح والمكافآت (لجنة الموارد البشرية). وقد مت منح اختصاصات جلنة املكافاآت جلنة املكافاآت، وبناء على ذلك مت حل جلنة املكافاآت. جلنة التدقيق: مت زيادة قوام جلنة التدقيق اإىل اأربعة اأعساء عن طريق ترشيح اأعساء مستقلني يف اللجنة. أصحاب المصلحة لجنة العالقة: قام مجلس اإلدارة بتشكيل لجنة عالقات أصحاب المصلحة وفقا ألحكام قانون الشركات لعام 2013 والبند 49 من اتفاقية اإلدراج. وقد مت منح اختصاصات جلنة املسامهني للمستثمرين) سيغ (جلنة عالقات أصحاب املصلحة، وبالتالي مت حل اللجنة. المسؤولية الاجتماعية للشركات مع الاعتقاد في فلسفة المواطنة الشركات المسؤولة والنمو المستدام، ريل يعتبر بناء المؤسسات الاجتماعية باعتبارها واحدة من أغراضها الرئيسية. ومن خلال زيادة التزامها، قامت ريل ببناء برنامج شامل للتنمية المجتمعية لدعم المبادرات في مجال الصحة والسلامة والتعليم وتطوير البنية التحتية والبيئة والإغاثة والمساعدة في حالة وقوع كارثة طبيعية ودعم سبل كسب الرزق وتشجيع الرياضيين والرياضيين والمساهمات في ومنظمات التنمية الاجتماعية الأخرى من خلال التعاون مع عدة منظمات غير حكومية. وبالاضافة الى ذلك، يهدف ريل لتطوير منتجات وخدمات تقنية صديقة للبيئة وصديقة للبيئة لصالح الملايين من المستهلكين مع ضمان معايير السلامة وحماية البيئة العالية. ريلز رحلة الإبلاغ عن الاستدامة بدأت ريل التقارير السنوية عن أداءها الثلاثي القاع من السنة المالية 2004-2005. جميع تقارير االستدامة لديها مضمونة من الخارج، وقد تم التحقق من مستوى تطبيق مبادرة التقارير العالمية) غري (. التقرير الأول تلقى حالة وفقا للمعهد من المبادرة العالمية للإبلاغ وجميع التقارير اللاحقة هي غري G3 فحص تقارير مستوى التطبيق. من السنة المالية 2006-2007، بالإضافة إلى الإشارة إلى المبادئ التوجيهية لإعداد التقارير حول الاستدامة G3 GR-، يشير ريل إلى معهد البترول الأمريكي المبادئ التوجيهية للإبلاغ عن الاستدامة في مجال الحفاظ على البيئة في صناعة البترول الدولية ومبادئ الميثاق العالمي للأمم المتحدة. كما قام مركز ريل بتوحيد أنشطته المتعلقة بالاستدامة مع مجالات التركيز في مجلس الأعمال العالمي للتنمية المستدامة. واعتمدت ريليانس من السنة المالية 2011 - 2012 المبادئ التوجيهية لمبادرة غري G3.1 التي تم نشرها مؤخرا، وهي تشير أيضا إلى ملحق G3.1 الخاص بقطاع النفط والغاز. وقد صاغت ريل تقريرها المتعلق بالاستدامة مع الخطوط التوجيهية الطوعية الوطنية بشأن المسؤوليات الاجتماعية والبيئية والاقتصادية للأعمال التي وضعتها حكومة الهند. وتمشيا مع ريلس تسعى لتكون رائدة في الإبلاغ عن الاستدامة، ريل أيضا الخروج مع تقريرها الأول على أساس أحدث المبادئ التوجيهية G4 التي نشرتها المبادرة العالمية للإعلام. العمل نحو الناس، الكوكب، الربح المنتج يعمل ريل نحو تحقيق خط أساس مالي مستدام جنبا إلى جنب مع تعزيز رأس المال البشري الطبيعي وتطوير المنتجات. وهي ملتزمة بتخفيض آثارها السلبية وتعزيز آثارها اإليجابية على المجتمع والبيئة الطبيعية. وبالإضافة إلى المساهمة الاقتصادية الإيجابية في الأمة والمجتمع ككل، فقد ركزت طاقاتها على تحديد مجالات تأثير محددة. وهو يسعى إلى التخفيف من حدة الفئات المحرومة والمهمشة في المجتمع، وله مشاركة نشطة معها لضمان تنميتها الشاملة. وتدعم ريل دراسات تقييم دورة الحياة التي يقوم بها المركز الهندي للبلاستيك في البيئة (إيكب) وتعمل أيضا مع مكتب المعايير الهندية لصياغة المعايير والمبادئ التوجيهية. وقد شربت أيضا مفهوم حفظ الموارد في عملياتها. وهي تسعى جاهدة لتحقيق أعلى مستويات الكفاءة من خلال تنفيذ أفضل التكنولوجيات المتاحة. المسؤولیات الاجتماعیة والبیئیة والاقتصادیة تلتزم ريل بتکوین قیمة للأمة وتعزیز نوعیة الحیاة عبر الطیف الاجتماعي والاقتصادي بأسره. ويعتقد ريل أن المسؤولية الاجتماعية للشركات تتجاوز نطاق الأعمال التجارية وينبغي أن تركز على مجموعة واسعة من الأصول - البشرية والفيزيائية والبيئية والاجتماعية. ريل يعطي أهمية قصوى للحفاظ على رأس المال الطبيعي في عملياتها. تلتزم ريل بالإشراف المسؤول على الموارد الطبيعية للقيام بعملياتها بطريقة مستدامة. ولتعزيز التزامها باألعمال المسؤولة، اعتمد مجلس إدارة الشركة دليل سياسة مسؤولية األعمال استنادا إلى مبادئ الخطوط التوجيهية الطوعية الوطنية بشأن المسؤوليات االجتماعية والبيئية واالقتصادية لألعمال الصادرة عن وزارة شؤون الشركات، الهند. متزامنا مع البند 55 من اتفاقية التسجيل، يتم إرفاق تقرير مسؤولية األعمال كجزء من التقرير السنوي. ویعد ھذا التقریر بالإضافة إلی تقاریر الإبلاغ عن الاستدامة وفقا لمبادرة الإبلاغ العالمي (غري). ويسلم المجلس بأهمية التواصل في اتجاهين مع المساهمين وتقديم تقرير متوازن عن النتائج والتقدم والاستجابة للأسئلة والقضايا المثارة في الوقت المناسب وبشكل متسق. ريلز موقع الشركة (ريل) لديه معلومات للمساهمين المؤسسيين والتجزئة على حد سواء. ويجوز للمساهمين الذين يبحثون عن معلومات تتعلق بحصتهم أن يتصلوا بالشركة مباشرة أو من خلال أي من مراكز خدمة المستثمرين لدى المسجلين ووكلاء النقل المنتشرين في 82 مدينة في جميع أنحاء الهند، وتفاصيلها متاحة على الموقع الإلكتروني للشركة. يضمن ريل أن يتم الرد على الشكاوى والاقتراحات من المساهمين في الوقت المناسب. ويرفق هذا التقرير السنوي محيل للمساهمين شامل ومفيد. دور الشركة أمين السر في عملية الحوكمة الشاملة يلعب أمين سر الشركة دورا رئيسيا في ضمان اتباع إجراءات مجلس اإلدارة ومراجعتها بانتظام. ويضمن أمين سر الشركة إتاحة جميع المعلومات والتفاصيل والوثائق ذات الصلة لأعضاء مجلس الإدارة والإدارة العليا لاتخاذ القرارات الفعالة في الاجتماعات. وأمين سر الشركة هو المسؤول الرئيسي عن تقديم المساعدة وتقديم المشورة للمجلس في تسيير شؤون الشركة، لضمان االمتثال للمتطلبات القانونية المعمول بها ومعايير السكرتارية، لتقديم التوجيه إلى أعضاء مجلس اإلدارة وتسهيل عقد االجتماعات. وهو يربط بين الإدارة والسلطات التنظيمية فيما يتعلق بمسائل الحوكمة. مراعاة معايير السكرتارية الصادرة عن معهد أمناء الشركات في الهند قام معهد أمناء الشركات في الهند، وهو أحد الهيئات المهنية الرائدة في الهند، بإصدار معايير السكرتارية بشأن الجوانب الهامة مثل اجتماعات المجلس، والاجتماعات العامة، ودفع توزيعات الأرباح، صيانة السجلات والسجلات، ومحاضر الاجتماعات، ونقل الأسهم والسندات، وتمرير القرارات بالتداول، وإصدار تقرير الختم المشترك ومجلس الإدارة. على الرغم من أن هذه المعايير، حتى اآلن، هي ذات طبيعة توصية، فإن الشركة تلتزم بشكل كبير بهذه المعايير طوعا. مجلس اإلدارة تكوين مجلس اإلدارة وفئة أعضاء مجلس اإلدارة تتمثل سياسة الشركة في الحفاظ على أفضل مزيج من أعضاء مجلس اإلدارة التنفيذيين وغير التنفيذيين. وفيما يلي تكوين مجلس اإلدارة وفئة أعضاء مجلس اإلدارة: ال يوجد أي عضو في مجلس اإلدارة فيما يتعلق بأي عضو آخر في مجلس اإلدارة باستثناء شري نيخيل ر. مسواني وشري هيتال ر. مسواني، . اختيار أعضاء مجلس اإلدارة المستقلين بالنظر إلى متطلبات مجموعات المهارات في مجلس اإلدارة، يتم النظر في أشخاص بارزين يتمتعون بمركز مستقل في مجال تخصصهم الميداني، والذين يمكنهم المساهمة بفعالية في قرارات الشركة والسياسات، من قبل لجنة الموارد البشرية والترشيحات والمكافآت، التعيين، كمدراء مستقلين في مجلس اإلدارة. وتنظر اللجنة، في جملة أمور، في المؤهلات والخصائص الإيجابية ومجالات الخبرة وعدد الهيئات الإدارية والعضوية التي تعقدها لجان مختلفة في شركات أخرى من جانب هؤلاء الأشخاص. وينظر المجلس في توصية اللجنة ويتخذ القرار المناسب. ويعطي كل عضو مستقل في الاجتماع الأول للمجلس الذي يشارك فيه كمدير وبعد ذلك في أول اجتماع للمجلس في كل سنة مالية إعلانا بأنه يستوفي معايير الاستقلال المنصوص عليها في القانون. رئيس مجلس اإلدارة المستقل عين مجلس إدارة الشركة شري مانسينغ إل. بهكتا منصب المدير المستقل المستقل. فيما يلي دور أعضاء مجلس الإدارة المستقلين: رئاسة جميع اجتماعات أعضاء مجلس الإدارة المستقلين لضمان وجود تدفق كاف وفي الوقت المناسب للمعلومات إلى أعضاء مجلس الإدارة المستقلين للاتصال بين رئيس مجلس الإدارة والعضو المنتدب والإدارة والمديرين المستقلين لرئاسة الاجتماعات من أعضاء مجلس اإلدارة والمساهمين عندما ال يكون رئيس مجلس اإلدارة والعضو المنتدب حاضرا أو حيث يكون طرفا معنيا للقيام بأعباء أخرى قد يخولها العضو المستقل المستقل من قبل مجلس اإلدارة اجتماعات أعضاء مجلس اإلدارة المستقلين يجتمع أعضاء مجلس اإلدارة المستقلين مرة واحدة على الأقل في كل سنة مالية دون حضور المديرين التنفيذيين أو موظفي الإدارة. وتجري هذه االجتماعات بشكل غير رسمي لتمكين األعضاء المستقلين من مناقشة األمور المتعلقة بشؤون الشركة وتقديم وجهات نظرهم إلى المدير المستقل المستقل. يتخذ المدير المستقل المستقل الخطوات المناسبة لعرض آراء أعضاء مجلس اإلدارة المستقلين على رئيس مجلس اإلدارة والعضو المنتدب. مدونة قواعد السلوك المهني واألخالقيات لموظفي اإلدارة أعضاء مجلس اإلدارة مدونة قواعد السلوك المهني واألخالقيات الخاصة بمدراء اإلدارة إن الموظفين) المدونة (، كما اعتمدها مجلس اإلدارة، هو قانون شامل ينطبق على أعضاء مجلس اإلدارة واإلدارة. وعلى الرغم من أن قواعد السلوك التجاري واألخالقيات والحوكمة تتمحور حول المعايير التالية: إن مجلس إدارة الشركة وموظفي اإلدارة مسؤولون عن وضع معايير السلوك الواردة في هذه المدونة، واستكمال هذه المعايير، حسب الاقتضاء، لضمان استمرار أهميتها وفعاليتها واستجابتها لاحتياجات المستثمرين المحليين والدوليين وغيرهم من أصحاب المصلحة، كي تعكس أيضا التطورات المؤسسية والقانونية والتنظيمية. وينبغي التقيد بهذه المدونة نصا وروحا. وقد وضعت نسخة من المدونة على موقع الشركة الإلكتروني (ريل). وقد تم تعميم هذا القانون على أعضاء مجلس اإلدارة واإلدارة، ويتم تأكيد التزامهم سنويا. يتم نشر اإلعالن الموقع من قبل رئيس مجلس اإلدارة والعضو المنتدب في هذا التقرير. ويعرض هذا التقرير السنوي استعراضا موجزا من أعضاء مجلس اإلدارة وطبيعة خبراتهم في مجالات وظيفية محددة وأسماء الشركات التي يشغلون فيها عضوية مجلس اإلدارة وعضوية لجان مجلس اإلدارة والمساهمة في الشركة. اجتماعات مجلس اإلدارة، اجتماعات مجلس اإلدارة واإلجراءات عملية اتخاذ القرارات المؤسسية إن مجلس اإلدارة هو الهيئة العليا التي شكلها المساهمين لإلشراف على أداء الشركة بشكل عام. يقوم مجلس اإلدارة بتقييم وتوجيه اإلستراتيجية اإلستراتيجية وسياسات اإلدارة وفعاليتها، ويضمن أن يتم تقديم فوائد طويلة األجل للمساهمين. وقد شكل مجلس اإلدارة ست لجان، وهي لجنة التدقيق، ولجنة الموارد البشرية، ولجنة الترشيحات والمكافآت، ولجنة المسؤولية االجتماعية والحوكمة، ولجنة المالية، ولجنة الصحة والسالمة والبيئة ولجنة عالقات أصحاب المصلحة. ويؤذن للمجلس بتشكيل لجان وظيفية إضافية، من وقت لآخر، تبعا لاحتياجات العمل. وتيسر المبادئ التوجيهية الداخلية للجنة اجتماعات مجلس اإلدارة عملية اتخاذ القرارات في اجتماعاتها بطريقة مستنيرة وفعالة. وتتناول الأقسام الفرعية التالية ممارسة هذه المبادئ التوجيهية في ريل. جدولة واختيار بنود جدول الأعمال لاجتماعات المجلس تعقد اجتماعات المجلس الخمس المقررة سلفا سنويا. وتعقد اجتماعات المجلس اإلضافي بإعطاء اإلخطار المناسب لتلبية االحتياجات المحددة للشركة. وفي حالة مقتضيات العمل أو الضرورة الملحة للمسائل، يتم تمرير القرارات عن طريق التداول. تعقد الاجتماعات عادة في مكتب الشركة في ماكر تشامبرس إيف، 222 ناريمان بوينت، مومبي 400 021. وينصح رؤساء الخدمات المختلفة لرؤساء الأعمال في الشركة بجدولة خطط عملهم في وقت مبكر جدا، لا سيما فيما يتعلق بالمسائل التي تتطلب الموافقة على المناقشة في بواردبوارد اجتماعات اللجنة. وترسل هذه األمور من قبلهم إلى أمين سر الشركة مقدما بحيث يتم إدراجها في جدول أعمال اجتماعات لجنة مجلس اإلدارة. يقدم المجلس عروض حول قطاعات التمويل والمبيعات والتسويق وقطاعات األعمال الرئيسية للشركة وعملياتها، ونظرة عامة على العمليات التجارية للشركات التابعة الرئيسية، وبيئة األعمال العالمية، ومجاالت أعمال الشركة، بما في ذلك فرص األعمال واالستراتيجيات وممارسات إدارة المخاطر قبل اتخاذها في تسجيل النتائج المالية ربع السنوية للشركة. وتشمل البنود التي يجب طرحها على المجلس، ضمن أمور أخرى، ما يلي: الخطط التشغيلية السنوية للشركات والميزانيات بما في ذلك الميزانيات الرأسمالية وأية تحديثات النتائج الفصلية للشركة وأقسامها التشغيلية أو قطاعات أعمالها النتائج المالية السنوية للشركة والبيانات المالية ومدققي الحسابات تقرير مجلس اإلدارة ومحاضر اجتماعات اجتماعات لجنة التدقيق واللجان األخرى التابعة للمجلس. إظهار الأسباب والطلب وإشعارات الادعاء وإشعارات الجزاء التي لها أهمية جوهرية الحوادث القاتلة أو الخطيرة والأحداث الخطرة وأية مخلفات مادية أو مشاكل تلوث أي تقصير مادي في الالتزامات المالية للشركة أو من قبل الشركة أو عدم دفع مبالغ كبيرة للبضائع المباعة من قبل الشركة أي قضية تنطوي على مطالبات عامة أو مسئولية مسؤولية المنتج ذات طبيعة جوهرية بما في ذلك أي حكم أو أمر قد يكون قد فرض قيودا على سلوك الشركة أو اتخذ وجهة نظر سلبية فيما يتعلق بمؤسسة أخرى يمكن أن يكون لها آثار سلبية على شركة. تفاصيل أي مشروع مشترك أو اتفاقية تعاون المعاملات التي تنطوي على دفع كبير نحو الشهرة، والعلامة التجارية الأسهم أو الملكية الفكرية مشاكل العمل الهامة والحلول المقترحة لها. أي تطور هام في الموارد البشرية الجبهة العلاقات الصناعية مثل تنفيذ خطة التقاعد الطوعي، الخ بيع الطبيعة المادية للاستثمارات والشركات التابعة والموجودات، والتي ليست في سياق الأعمال العادية. تفاصيل ربع سنوية عن تعرضات صرف العمالت األجنبية والخطوات التي تتخذها اإلدارة للحد من مخاطر حركة أسعار الصرف السلبية، إذا كانت المواد عدم االلتزام بأي متطلبات تنظيمية أو قانونية أو قائمة، وخدمة المساهمين مثل عدم دفع األرباح وتأخير تحويل األسهم) إن وجدت)، من بين أمور أخرى تعيين أعضاء مجلس الإدارة في الشركات التابعة غير المدرجة في البورصة تعيين أعضاء مجلس الإدارة في وقت تعيينهم بشكل دوري الإفصاح عن مصالح أعضاء مجلس الإدارة وحصصهم التعيين أو الإزالة من كبار الموظفين الإداريين (كمب) والضباط مستوى واحد أدناه كمب. تعيين المدققين الداخليين ومدققي حسابات السكرتارية. التقارير السنوية ربع السنوية لمراجعة حسابات السكرتارية المقدمة من قبل مدققي الحسابات المالية تقرير توزيعات الأرباح ملخص ربع سنوي لجميع القروض طويلة الأجل التي تم تقديمها والضمانات المصرفية الصادرة والقروض والاستثمارات التغييرات الهامة في السياسات المحاسبية والضوابط الداخلية الاستحواذ على شركة أو الاستحواذ على حصة مسيطرة أو كبيرة في شركة أخرى بيان المعاملات الهامة والمعاملات والترتيبات مع الأطراف ذات العلاقة التي تدخلها الشركات التابعة غير المدرجة إصدار الأوراق المالية بما في ذلك السندات تعيين وتحديد مكافآت مراجعي الحسابات على النحو الموصى به من قبل لجنة التدقيق نتائج التدقيق الداخلي وتقارير المراجعة الخارجية (من خلال لجنة التدقيق) مقترحات بشأن الاستثمارات الرئيسية وعمليات الدمج والاندماجات وإعادة البناء حالة التعرض لمخاطر الأعمال وإدارتها وخطط عملها ذات الصلة تقديم القروض واستثمار الأموال الفائضة الاقتراض من الأموال وإعطاء الضمانات أو توفير الضمان فيما يتعلق بالقروض إعادة شراء ثانية (إيضاحات حول التطورات النظامية والتغييرات في السياسات الحكومية وغيرها من العوامل ذات التأثير عليها ومسؤوليات أعضاء مجلس اإلدارة الناشئة عن أي من هذه التطورات شهادة االمتثال التي تثبت االمتثال لجميع القوانين التي تنطبق على الشركة تسوية رأس المال) Audit Report under SEBI (Depositories and Participants) Regulations, 1996 Brief on information disseminated to the press The Chairman of the Board and Company Secretary, in consultation with other concerned members of the senior management, finalise the agenda for Board meetings. Board material distributed in advance The agenda and notes on agenda are circulated to Directors in advance, and in the defined agenda format. All material information is incorporated in the agenda for facilitating meaningful and focused discussions at the meeting. Where it is not practicable to attach any document to the agenda, it is tabled before the meeting with specific reference to this effect in the agenda. In special and exceptional circumstances, additional or supplementary item(s) on the agenda are permitted. Recording minutes of proceedings at Board and Committee meetings The Company Secretary records minutes of proceedings of each Board and Committee meeting. Draft minutes are circulated to Board Board Committee members for their comments. The minutes are entered in the Minutes Book within 30 days from the conclusion of the meeting. Post meeting follow-up mechanism The guidelines for Board and Board Committee meetings facilitate an effective post meeting follow-up, review and reporting process for decisions taken by the Board and Board Committees thereof. Important decisions taken at BoardBoard Committee meetings are communicated promptly to the concerned departmentsdivisions. Action-taken report on decisionsminutes of the previous meeting(s) is placed at the succeeding meeting of the BoardBoard Committee for noting. The Company Secretary, while preparing the agenda, notes on agenda, minutes of the meeting(s), is responsible for and is required to ensure adherence to all applicable laws and regulations, including the Companies Act, 1956 Companies Act, 2013 read with rules issued thereunder, as applicable and the Secretarial Standards recommended by the Institute of Company Secretaries of India. Number of Board meetings held with dates Six Board meetings were held during the year, as against the minimum requirement of four meetings. The details of Board meetings are given below: Attendance of Directors at Board meetings, last Annual General Meeting (AGM) and number of other Directorships and Chairmanships Memberships of Committees of each Director in various companies: Videotele-conferencing facilities are used to facilitate Directors travelling abroad, or present at other locations, to participate in the meetings. Board Committees Details of the Board Committees and other related information are provided hereunder: Shri K. Sethuraman, Group Company Secretary and Chief Compliance Officer, is the Secretary of all Board Committees. Meetings of Board Committees held during the year and Directors attendance The Committees composition meets with requirements of Section 177 of the Companies Act, 2013 and Clause 49 of the Listing Agreement. Members of the Audit Committee possess financial accounting expertise exposure. Powers of the Audit Committee To investigate any activity within its terms of reference To seek information from any employee To obtain outside legal or other professional advice To secure attendance of outsiders with relevant expertise, if it considers necessary Role of the Audit Committee inter alia, includes the following: Oversight of the Companys financial reporting process and the disclosure of its financial information to ensure that the financial statement is correct, sufficient and credible Recommending to the Board, the appointment, reappointment and, if required, the replacement or removal of statutory auditors, including cost auditors, and fixation of audit fees and other terms of appointment Approving payment to statutory auditors, including cost auditors for any other services rendered by them Reviewing with the management, annual financial statements and auditors report thereon before submission to the Board for approval, with particular reference to: Matters required to be included in the Directors Responsibility Statement to be included in the Directors Report in terms of sub-section (2AA) of Section 217 of the Companies Act, 1956. Changes, if any, in accounting policies and practices and reasons for the same Major accounting entries involving estimates based on the exercise of judgment by the management Significant adjustments made in financial statements arising out of audit findings Compliance with listing and other legal requirements relating to financial statements Disclosure of related party transactions Qualifications in draft audit report Reviewing with the management, the quarterly financial statements before submission to the Board for approval. Reviewing with the management, the statement of uses application of funds raised through an issue (public issue, rights issue, preferential issue, etc.), the statement of funds utilised for purposes other than those stated in the offer documentprospectusnotice, and the report submitted by the monitoring agency monitoring the utilisation of proceeds of a public or rights issue, and making appropriate recommendations to the Board to take up steps in this matter Reviewing and monitoring the auditors independence and performance and effectiveness of audit process Approval or any subsequent modification of transactions of the Company with related parties Scrutiny of inter-corporate loans and investments Valuation of undertakings or assets of the Company, wherever it is necessary Evaluation of internal financial controls and risk management systems Reviewing with the management, the performance of statutory auditors, including cost auditors and internal auditors, adequacy of internal control systems Reviewing the adequacy of internal audit function, if any, including the structure of the internal audit department, staffing and seniority of the official heading the department, reporting structure, coverage and frequency of internal audit Discussion with internal auditors, any significant findings and follow-up thereon Reviewing the findings of any internal investigations by the internal auditors into matters where there is suspected fraud or irregularity or a failure of internal control systems of a material nature, and reporting the matter to the Board Discussion with statutory auditors, before the audit commences, about the nature and scope of audit as well as post audit discussion to ascertain any area of concern To look into the reasons for substantial defaults, if any, in the payment to depositors, debenture holders, shareholders (in case of non-payment of declared dividends) and creditors To review the functioning of the Whistle Blower mechanism Approval of appointme nt of the CFO (i. e. the whole-time Finance Director or any other person heading the finance function or discharging that function) after assessing qualifications, experience and background of the candidate Carrying out such other functions as may be specifically referred to the Committee by the Companys Board of Directors andor other Committees of Directors. Reviewing financial statements, in particular the investments made by the Companys unlisted subsidiaries. Reviewing the following information: The Management Discussion and Analysis of financial condition and results of operations Statement of significant related party transactions (as defined by the Audit Committee), submitted by management Management lettersletters of internal control weaknesses issued by the statutory auditors Internal audit reports relating to internal control weaknesses and The appointment, removal and terms of remuneration of internal auditors chief internal auditor To call for comments of the auditors about internal control systems, the scope of audit, including the observations of the auditors and review of financial statement before their submission to the Board and to discuss any related issue with the internal and statutory auditors and the management of the Company Executives of Accounts Department, Finance Department, Corporate Secretarial Department and Internal Audit Cell and representatives of statutory and internal auditors attend Audit Committee Meetings . The cost auditors attend the Audit Committee Meeting where cost audit reports are discussed. The due date for filing the cost audit reports in XBRL mode for the financial year ended March 31, 2013 was September 27, 2013 and the cost audit reports were filed by the Lead Cost Auditor on September 21, 2013. The due date for filing the cost audit reports for the financial year ended March 31, 2014 is September 27, 2014. The Chairman of the Audit Committee was present at the last Annual General Meeting held on June 6, 2013. Four meetings of the Audit Committee were held during the year. The details of meetings and attendance are given on page no. 120. Human Resources, Nomination and Remuneration Committee Composition of the Committee The Committees constitution and terms of reference are in compliance with provisions of the Companies Act, 2013, Clause 49 of the Listing Agreement and Securities and Exchange Board of India (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999, as amended from time to time. Terms of Reference of the Committee, inter alia, includes the following: To identify persons who are qualified to become Directors and who may be appointed in senior management in accordance with the criteria laid down and to recommend to the Board their appointment and or removal. To carry out evaluation of every Directors performance To formulate the criteria for determining qualifications, positive attributes and independence of a Director, and recommend to the Board a policy, relating to the remuneration for the Directors, key managerial personnel and other employees To formulate the criteria for evaluation of Independent Directors and the Board To devise a policy on Board diversity To recommendreview remuneration of the Managing Director(s) and Whole-time Director(s) based on their performance and defined assessment criteria To administer, monitor and formulate detailed terms and conditions of the Employees Stock Option Scheme including: the quantum of options to be granted under Employees Stock Option Scheme per employee and in aggregate the conditions under which option vested in employees may lapse in case of termination of employment for misconduct the exercise period within which the employee should exercise the option, and that the option would lapse o n failure to exercise the option within the exercise period the specified time period within which the employee shall exercise the vested options in the event of termination or resignation of an employee the right of an employee to exercise all options vested in him at one time or various points of time within the exercise period the procedure for making a fair and reasonable adjustment to the number of options and to the exercise price in case of corporate actions, such as rights issues, bonus issues, merger, sale of division and others the granting, vesting and exercising of options in case of employees who are on long leave and the procedure for cashless exercise of options To carry out any other function as is mandated by the Board from time to time and or enforced by any statutory notification, amendment or modification, as may be applicable To perform such other functions as may be necessary or appropriate for the performance of its duties One meeting of the Human Resources, Nom ination and Remuneration Committee was held during the year. The details of meeting and attendance are given on page no. 120. The details relating to remuneration of Directors, as required under the Clause 49 of the Listing Agreement, have been given under a separate section, viz. Directors Remuneration in this report. Stakeholders Relationship Committee Composition of the Committee The Stakeholders Relationship Committee (SR Committee) was constituted by the Board on April 18, 2014 consequent to the dissolution of the ShareholdersInvestors Grievance Committee (SIG Committee). The SR Committee is primarily responsible to review all matters connected with the Companys transfer of securities and redressal of shareholders investors security holders complaints. The Committee also monitors the implementation and compliance with the Companys Code of Conduct for prohibition of Insider Trading. The SR Committees composition and the terms of reference meet with the requirements of Clause 49 of the Listing Agreement and provisions of the Companies Act, 2013. Terms of Reference of the Committee, inter alia, includes the following: Oversee and review all matters connected with the transfer of the Companys securities Approve issue of the Companys duplicate share debenture certificates Monitor redressal of investors shareholders security holders grievances Oversee the performance of the Companys Registrars and Transfer Agents Recommend methods to upgrade the standard of services to investors Monitor implementation of the Companys Code of Conduct for Prohibition of Insider Trading Carry out any other function as is referred by the Board from time to time or enforced by any statutory notification amendment or modification as may be applicable Four meetings of the SIG Committee were held during the year. The details of meetings and attendance are given on page no. 120. Shri K. Sethuraman, Group Company Secretary and Chief Compliance Officer, is the Compliance Officer for complying with requirements of Securities Laws and Listing Agreements with Stock Exchanges. Investor Grievance Redressal The number of complaints received and resolved to the satisfaction of investors during the year under review and their break-up are as under: Corporate Social Responsibility and Governance Committee Composition of the Committee The Corporate Social Responsibility and Governance (CSRG) Committee was constituted by the Board on January 17, 2014 considering requirements of the Companies Act, 2013 relating to the constitution of a Corporate Social Responsibility Committee. The Board also empowered the Committee to look into matters related to sustainability and overall governance. The Committees prime responsibility is to assist the Board in discharging its social responsibilities by way of formulating and monitoring implementation of the framework of corporate social responsibility policy, observe practices of Corporate Governance at all levels, and to suggest remedial measures wherever necessary. The terms of reference of the Corporate Governance and Stakeholders Interface Committee (CGSI Committee) was conferred on this Committee, and consequently, the CGSI Committee was dissolved, w. e.f. January 17, 2014. The Committees constitution and terms of reference meet with the requirements of the Companies Act, 2013. Terms of Reference of the Committee, inter alia, includes the following: To formulate and recommend to the Board, a Corporate Social Responsibility (CSR) Policy indicating activities to be undertaken by the Company in compliance with provisions of the Companies Act, 2013 and rules made there under To recommend the amount of expenditure to be incurred on the CSR activities To monitor the implementation of the framework of the CSR Policy To approve the Corporate Sustainability Report and oversee the implementation of sustainability activities To oversee the implementation of polices contained in the Business Responsibility Policy Manual, to make any changes modifications, as may be required, from time to time and to review and recommend the Business Responsibility Report (BRR) to the Board for its approval To observe corporate governance practices at all levels and to suggest remedial measures wherever necessary To ensure compliance with corporate governance norms prescribed under Listing Agreements with Stock Exchanges, the Companies Act and other statutes or any modification or re-enactment thereof To advise the Board periodically with respect to significant developments in the law and practice of corporate governance, and to make recommendations to the Board for appropriate revisions to the Companys Corporate Governance Guidelines To monitor the Companys compliance with Corporate Governance Guidelines and applicable laws and regulations, and make recommendations to the Board on all such matters and on any corrective action to be taken, as the Committee may deem appropriate To review and assess the adequacy of the Companys Corporate Governance Manual, Code of Business Conduct Ethics for Directors and Management Personnel, Code of Ethics and other internal policies and guidelines, and monitor that principles described therein are being incorpo rated into the Companys culture and business practices To formulate approve codes and or policies for better governance To provide correct inputs to the media so as to preserve and protect the Companys image and standing To disseminate factually correct information to investors, institutions and the public at large To establish oversight on important corporate communication on behalf of the Company with the assistance of consultants advisors, if necessary To ensure institution of standardised channels of internal communications across the Company to facilitate a high level of disciplined participation To carry out any other function as is mandated by the Board from time to time andor enforced by any statutory notification, amendment or modification as may be applicable or as may be necessary or appropriate for performance of its duties. Health, Safety and Environment Committee Composition of the Committee The Health, Safety and Environment Committee is primarily responsible to monitor and ensure the highest standards of environmental, health and safety norms are maintained, and the Companys operations are in compliance with applicable pollution and environmental laws across all locations. The Committee fulfils its responsibilities by reviewing the management of health, safety, environmental and social impacts of the Companys various projects and operations. Terms of Reference of the Committee, inter alia, includes the following: Monitoring and ensuring the highest standards of environmental, health and safety norms Ensuring compliance with applicable pollution and environmental laws at the Companys works factories locations by putting in place effective systems in this regard and reviewing the same periodically Reviewing, as the Committee deems appropriate, the Companys health, safety and environment related policy and making recommendations as necessary Reviewing the Companys performance on health, safety and environment related matters and suggesting improvements as the Committee may deem necessary Reviewing procedures and controls being followed at the Companys various manufacturing facilities and plants for compliance with relevant statutory provisions Reviewing regularly and making recommendations about changes to the charter of the Committee Obtaining or performing an annual evaluation of the Committees performance and making appr opriate recommendations Four meetings of the Health, Safety and Environment Committee were held during the year. The details of the meetings and attendance are given on page no. 120. Composition of the Committee Terms of Reference of the Committee, inter alia, includes the following: Review the Companys financial policies, risk assessment and minimisation procedures, strategies and capital structure, working capital and cash flow management, and make such reports and recommendations to the Board with respect thereto, as it may deem advisable Review banking arrangements and cash management Exercise all powers to borrow money (otherwise than by issue of debentures) within limits approved by the Board, and take necessary actions connected therewith, including refinancing for optimisation of borrowing costs Give guaranteesissue letters of comfortproviding securities within the limits approved by the Board Borrow money by way of loan andor issue and allot bondsnotes denominated in one or more foreign currencies in international markets for the purpose of refinancing the existing debt, capital expenditure, general corporate purposes, including working capital requir ements and possible strategic investments within limits approved by the Board Provide corporate guaranteeperformance guarantee by the Company within the limits approved by the Board Approve opening and operation of Investment Management Accounts with foreign banks and appoint them as agents, establishment of representativesales offices in or outside India. Carry out any other function as is mandated by the Board from time to time andor enforced by any statutory notification, amendment or modification as may be applicable Other transactions or financial issues that the Board may desire to have them reviewed by the Finance Committee Delegate authorities from time to time to the executives authorised persons to implement the Committees decisions Review regularly and make recommendations about changes to the charter of the Committee Seven meetings of the Finance Committee were held during the year. The details of meetings and attendance are given on page no. 120. Directors Remuneration The Companys remuneration policy is directed towards rewarding performance based on review of achievements periodically. The remuneration policy is in consonance with the existing industry practice. Remuneration paid to the Chairman and Managing Director and Whole-time Directors during 2013-14 The Chairman and Managing Directors compensation has been set at 15 crore as against 38.86 crore as per shareholders approval, reflecting his desire to continue to set a personal example for moderation in managerial compensation levels. Performance criteria for two Executive Directors, entitled for Performance Linked Incentive (PLI), are determined by the Human Resources, Nomination and Remuneration Committee. The tenure of office of the Managing Director and Whole-time Directors is for five years from their respective dates of appointments, and can be terminated by either party by giving three months notice in writing. There is no separate provision for payment of severance fees. Sitting fee and commission on net profit to Non-Executive Directors: During the year, the Company paid 0.32 crore as professional fees to Ms. Kanga Co. a firm in which the Companys Director, Shri Mansingh L. Bhakta, is a partner. There were no other pecuniary relationships or transactions of Non-Executive Directors vis--vis the Company. The Company has not granted any stock option to any of its Non-Executive Directors. Subsidiary Companies Monitoring Framework All subsidiary companies are Board managed with their Boards having the rights and obligations to manage such companies in the best interest of their stakeholders. The Company does not have any material unlisted subsidiary, and hence, is not required to nominate an Independent Director of the Company on the Board of any subsidiary. The Company monitors performance of subsidiary companies, inter alia, by the following means: Financial statements, in particular investments made by unlisted subsidiary companies, are reviewed quarterly by the Companys Audit Committee. Minutes of Board meetings of unlisted subsidiary companies are placed before the Companys Board regularly. A statement containing all significant transactions and arrangements entered into by unlisted subsidiary companies is placed before the Companys Board. Prof. Dipak C. Jain, the Companys Independent Director has been appointed as a Director on the Board of Reliance Retail Ventures Limited, a subsidiary. General Body Meetings Annual General Meetings During the preceding three years, the Companys Annual General Meetings were held at Birla Matushri Sabhagar, 19, New Marine Lines, Mumbai - 400020. The date and time of Annual General Meetings held during last three years, and the special resolution(s) passed thereat, are as follows: Special Resolution passed through Postal Ballot No special resolution was passed through postal ballot during the Financial Year 2013-14. None of the businesses proposed to be transacted in the ensuing Annual General Meeting require passing a special resolution through postal ballot. Disclosure on materially significant related party transactions, i. e. the Companys transactions that are of material nature, with its Promoters, Directors and the management, their relatives or subsidiaries, among others that may have potential conflict with the Companys interests at large None of the transactions with any of related parties were in conflict with the Companys interest. Attention of members is drawn to the disclosure of transactions with related parties set out in Note No. 31 of Standalone Financial Statements, forming part of the Annual Report. The Companys major related party transactions are generally with its subsidiaries and associates. The related party transactions are entered into based on considerations of various business exigencies, such as synergy in operations, sectoral specialisation and the Companys long-term strategy for sectoral investments, optimisation of market share, profitability, legal requirements, liquidity and capital resources of subsidiaries and associates. All related party transactions are negotiated on arms length basis, and are intended to further the Companys interests. Details of non-compliance by the Company, penalties and strictures imposed on the Company by Stock Exchanges or SEBI, or any other statutory authority, on any matter related to capital markets during last three years. There has been no instance of non-compliance by the Company on any matter related to capital markets during last three years, and hence, no penalties or strictures have been imposed on the Company by Stock Exchanges or SEBI or any other statutory authority. However, the SEBI has issued Show Cause Notices during last three years in connection with (i) sale of shares of erstwhile Reliance Petroleum Limited (ii) the allotment of the Companys equity shares to certain companies against detachable warrants attached to privately placed debentures issued by the Company and (iii) disclosure of Earnings Per Share and diluted Earnings Per Share in the filing with Stock Exchanges in respect of shares against warrants issued in April, 2007. The Company has submitted its reply for the same. Means of Communication Quarterly results: The Companys quarterly results are published in Financial ExpressIndian Express and Navshakti, and are displayed on its website ( ril ). News releases, presentations, among others: Official news releases and official media releases are sent to Stock Exchanges. Presentations to institutional investors analysts: Detailed presentations are made to institutional investors and financial analysts on the Companys unaudited quarterly as well as audited annual financial results. These presentations are also uploaded on the Companys website (ril ). Website: The Companys website (ril) contains a separate dedicated section Investor Relations where shareholders information is available. The Companys Annual Report is also available in a user-friendly and downloadable form. Annual Report: The Annual Report containing, inter alia, Audited Annual Accounts, Consolidated Financial Statements, Directors Report, Auditors Report and other important information is circulated to members and others entitled thereto. The Managements Discussion and Analysis (MDA) Report forms part of the Annual Report and is displayed on the Companys website (ril ). Chairmans Communique: The printed copy of the Chairmans speech is distributed to shareholders at Annual General Meetings. The document is also placed on the Companys website (ril) and sent to Stock Exchanges. Reminder to Investors: Reminders for unclaimed shares, unpaid dividendunpaid interest or redemption amount on debentures are sent to shareholdersdebenture holders as per records every year. Corporate Filing and Dissemination System (CFDS): The CFDS portal jointly owned, managed and maintained by BSE and NSE is a single source to view information filed by listed companies. All disclosures and communications to BSE and NSE are filed electronically through the CFDS portal, and hard copies of the said disclosures and correspondence are also filed with stock exchanges. NSE Electronic Application Processing System (NEAPS): The NEAPS is a web-based application designed by NSE for corporates. All periodical compliance filings like shareholding pattern, corporate governance report, media releases, among others are filed electronically on NEAPS. BSE Corporate Compliance Listing Centre (the Listing Centre): BSEs Listing Centre is a web-based application designed for corporates. All periodical compliance filings like shareholding pattern, corporate governance report, media releases, among others are also filed electronically on the Listing Centre. SEBI Complaints Redress System (SCORES): The investor complaints are processed in a centralised web-based complaints redress system. The salient features of this system are: Centralised database of all complaints, online upload of Action Taken Reports (ATRs) by concerned companies and online viewing by investors of actions taken on the complaint and its current status. Designated Exclusive email-id: The Company has designated the following email-ids exclusively for investor servicing: For queries on Annual Report: investorrelationsril For queries in respect of shares in physical mode :rilinvestorkarvy Shareholders Feedback Survey: The Company had sent feedback forms seeking shareholders views on various matters relating to investor services and Annual Report 2012-13. The feedback received from shareholders was placed before the ShareholdersInvestors Grievance Committee. General Shareholder Information Company Registration Details The Company is registered in the State of Maharashtra, India. The Corporate Identity Number (CIN) allotted to the Company by the Ministry of Corporate Affairs (MCA) is L17110MH1973PLC019786. Annual General Meeting Shares issued on Demerger Consequent upon the demerger of the coal based, gas based, financial services and telecommunications undertakingsbusinesses of the Company in December, 2005, the shareholders of the Company were allotted equity shares of the four companies, namely, Reliance Energy Ventures Limited (REVL), Reliance Natural Resources Limited (RNRL), Reliance Capital Ventures Limited (RCVL) and Reliance Communication Ventures Limited (RCoVL) in the ratio of one equity share of each of the companies for every equity share held by shareholders except specified shareholders, in Reliance Industries Limited, as on the record date fixed for the purpose. Accordingly, 122,31,30,422 equity shares each of REVL, RNRL, RCVL and RCoVL were allotted on January 27, 2006. Dematerialisation of Shares 97.70 of Companys paid-up Equity Share Capital has been dematerialised up to March 31, 2014 (97.58 up to March 31, 2013). Trading in Equity Shares of the Company is permitted only in dematerialised form. The Companys Equity Shares are among the most liquid and actively traded shares on the Indian Stock Exchanges. RIL shares consistently rank among the top few frequently traded shares, both in terms of the number of shares traded, as well as value. The highest trading activity is witnessed on the BSE and NSE. Relevant data for the average daily turnover for the financial year 2013-14 is given below: Outstanding GDRs Warrants and Convertible Bonds, Conversion Date and likely impact on equity GDRs: Outstanding GDRs as on March 31, 2014 represent 11,11,55,934 equity shares constituting 3.44 of Companys paid-up Equity Share Capital. Each GDR represents two underlying equity shares in the Company. GDR is not a specific time-bound instrument and can be surrendered at any time and converted into the underlying equity shares in the Company. The shares so released in favour of the investors upon surrender of GDRs can either be held by investors concerned in their name or sold off in the Indian secondary markets for cash. To the extent of shares so sold in Indian markets, GDRs can be reissued under the available head room. RIL GDR Programme - Important Information RIL GDRs are listed at the Luxembourg Stock Exchange. GDRs are traded on the International Order Book (IOB) of London Stock Exchange. GDRs are also traded amongst Qualified Institutional Investors in the Portal System of NASD, USA. RIL GDRs are exempted securities under US Securities Law. RIL GDR program has been established under Rule 144A and Regulation S of the US Securities Act, 1933. Reporting is done under the exempted route of Rule 12g3-2(b) under the US Securities Exchange Act, 1934. The Bank of New York Mellon is the Depository and ICICI Bank Limited is the Custodian of all the Equity Shares underlying the GDRs issued by the Company. Employee Stock Options The information on Options granted by the Company during the financial year 2013-14 and other particulars with regard to Employees Stock Options are set out under Annexure I to the Directors Report Directors Profile Shri Mukesh D. Ambani (DIN 00001695) is a Chemical Engineer from Institute of Chemical Technology, Mumbai (earlier University Department of Chemical Technology, University of Mumbai). He has pursued MBA from Stanford University, USA. Shri Mukesh D. Ambani has joined Reliance in 1981. He initiated Reliances backward integration journey from textiles into polyester fibres and further into petrochemicals, petroleum refining and going up-stream into oil and gas exploration and production. He created several new world class manufacturing facilities involving diverse technologies that have raised Reliances petrochemicals manufacturing capacities from less than a million tonnes to about fourteen million tonnes per year. He is envisaging doubling these capacities to twenty seven million tonnes per annum within a short span. Working hands-on, Shri Mukesh D. Ambani led the creation of the worlds largest grassroots petroleum refinery at Jamnagar, India, with a current capacity of 660,000 barrels per day (33 million tonnes per year) integrated with petrochemicals, power generation, port and related infrastructure. Further, he steered the setting up of another 27 million tonnes refinery next to the existing one in Jamnagar. With an aggregate refining capacity of 1.24 million barrels of oil per day at any single location in the world has transformed Jamnagar as the Refining Hub of the World. In September 2008, when the first drop of crude oil flowed from the Krishna-Godavari basin, Shri Mukesh D. Ambanis vision of energy security for India was being realized. Shri Mukesh D. Ambani is steering Reliances development of infrastructure facilities and implementation of a pan-India organized retail network spanning multiple formats and supply chain infrastructure. Today, Reliance Retail is the largest retail player in the Country. Shri Mukesh D. Ambani is also setting up one of the most complex 4G broadband wireless services offering end to end solutions that address the entire value chain across various digital services in key domains of national interest such as Education, Healthcare, Security, Financial Services, Government-Citizen interfaces and Entertainment. Shri Mukesh D. Ambanis achievements have been acknowledged at national and international levels. Over the years, some of the awards and recognition bestowed on him are: In 2013, he was conferred Entrepreneur of the Decade by All India Management Association. In 2010, awarded the Deans Medal by University of Pennsylvanias Eduardo Glandt, Dean of the School of Engineering and Applied Science for his leadership in the application of Engineering and Technology. In 2010, named among the most powerful people in the world by Forbes magazine in its list of 68 people who matter most. In 2010, awarded the Indian Merchants Chamber (IMC) Juran Quality Medal 2009. In 2009, ranked the 5th best performing CEO in the world by the Harvard Business Review in its ranking of the top 50 global CEOs. Shri Mukesh D. Ambani is a member of the Prime Ministers Council on Trade and Industry, Government of India and the Board of Governors of the National Council of Applied Economic Research, New Delhi. He is the Chairman of Board of Governors, Pandit Deendayal Petroleum University, Gandhinagar. Shri Mukesh D. Ambani is a Member of Millennium Development Goals (MDG) Advocacy Group (MDG Advocate) constituted by United Nations (UN) and a Member of The Foundation Board of World Economic Forum. Shri Mukesh D. Ambani is a member of the Indo-US CEOs Forum, Chair of The British Asian Trusts India Advisory Council, International Advisory Council of The Brookings, McKinsey Company, Global Advisory Council of Bank of America, Member of The Business Council and Asia Business Council, and London School of Economics India Advisory Group. Shri Mukesh D. Ambani is the Chairman and Director of Reliance Jio Infocomm Limited and Reliance Retail Ventures Limited and a Director of Reliance Foundation and Reliance Europe Limited. At RIL, he is Chairman of the Finance Committee. He is Promoter of the Company and holds 36,15,846 shares of the Company in his name as on March 31, 2014. Shri Nikhil R. Meswani (DIN 00001620) is a Chemical Engineer. He is the son of Shri Rasiklal Meswani, one of the Founder Directors of the Company. He joined Reliance in 1986 and since July 01, 1988 he is a Whole-time Director designated as Executive Director on the Board of the Company. He is primarily responsible for Petrochemicals Division and has contributed largely to Reliance to become a global leader in Petrochemicals. Earlier, he handled refinery business between 1997 and 2005. He was also responsible for integration of IPCL with Reliance businesses. In addition, he continues to shoulder several other corporate responsibilities such as Corporate Affairs and Groups taxation policies. He also takes keen interest in IPL cricket franchise Mumbai Indians. He was the President of Association of Synthetic Fibre Industry and was also the youngest Chairman of Asian Chemical Fibre Industries Federation. He is also a member of managing committee of Federation of Indian Export Organisations set up by Ministry of Commerce. He was named Young Global Leader by the World Economic Forum in 2005 and continues to actively participate in the activities of the Forum. He is also a member of the Young Presidents Organisation. He was honoured by the Institute of Economic Studies, Ministry of Commerce Industry, the Textile Association (India), Ministry of Textiles. He is also a distinguished Alumnus of the University Institute of Chemical Technology (UICT), Mumbai. He is a member of the Corporate Social Responsibility and Governance Committee, the Finance Committee and the Stakeholders Relationship Committee of the Company. He is a Director of Reliance Commercial Dealers Limited and Chairman of its Audit Committee. He holds 4,18,374 shares of the Company in his name as on March 31, 2014. Shri Hital R. Meswani (DIN 00001623) graduated with Honours in the Management Technology programme from the University of Pennsylvania, U. S.A. where he received a Bachelor of Science Degree in Chemical Engineering from the School of Engineering and Applied Sciences and a Bachelor of Science Degree in Economics from the Wharton Business School. He joined Reliance Industries Limited in 1990. He is on the Board of the Company as Whole-time Director designated as Executive Director since August 4, 1995, with overall responsibility of the Petroleum Refining Business and all Manufacturing, Research Technology and Project Execution activities of the group. He is a member of the Finance Committee and Stakeholders Relationship Committee and Chairman of the Health, Safety and Environment Committee of the Company. He is a Director of Reliance Industrial Investments and Holdings Limited and Reliance Commercial Dealers Limited. He is the Chairman of the Audit Committee of Reliance Industrial Investments and Holdings Limited and is a member of the Audit Committee of Reliance Commercial Dealers Limited. He has been instrumental in the execution of several mega projects of the group including the Hazira Petrochemicals complex and the worlds largest Refinery complex at Jamnagar. He has been awarded an Honorary Fellowship by IChemE (Institution of Chemical Engineers the International Professional body for Chemical, Biochemical and Process Engineers) in recognition of his contribution to the process industries. He is the recipient of The 2011 D. Robert Yarnall Award from The Engineering Alumni Society of the University of Pennsylvania. He was also recently conferred the Honorary CEPM-PMA Fellowship Award for Project Management Excellence. He holds 3,51,886 shares of the Company in his name as on March 31, 2014. Shri P. M.S. Prasad (DIN 00012144) is a Whole-time Director designated as Executive Director of the Company since August 21, 2009. He has been with the Company for about 33 years. Over the years, he has held various senior positions in the Fibres, Petrochemicals, Refining Marketing and Exploration Production Businesses of the Company. He holds Bachelors degrees in Science and Engineering. He was awarded an honorary doctorate degree by the University of Petroleum Engineering Studies, Dehradun in recognition of his outstanding contribution to the Petroleum sector. He has been conferred the Energy Executive of the Year 2008 award by Petroleum Economist in recognition of his leadership. He is on the Board of Governors of the University of Petroleum Energy Studies, India. He is a member of the Health, Safety and Environment Committee of the Company. He is a Director of Reliance Commercial Dealers Limited and is a member of its Audit Committee. He holds 1,36,666 shares of the Company in his name as on March 31, 2014. Shri Pawan Kumar Kapil (DIN 02460200) has been appointed as a Whole-time Director designated as Executive Director of the Company with effect from May 16, 2010. He holds Bachelors degree in Chemical Engineering and has a rich experience of more than four decades in the Petroleum Refining Industry. He joined Reliance in 1996 and led the commissioning and start-up of the Jamnagar complex. He was associated with this project since conception right through Design, Engineering, Construction and Commissioning. He also led the commissioning of the manufacturing operations in the Special Economic Zone (SEZ) at Jamnagar by Reliance. He started his career in 1966 with the Indian Oil Corporation. In the initial years he worked in various capacities in Operations, Technical Services and start-up commissioning of various Refinery Process Units facilities in Barauni and Gujarat Refineries. Being a person with a strong penchant for analytical work and high technology skills, he was chosen to head the Central Technical Services Department at the Corporate Office of Indian Oil Corporation. Here he did extensive work in expansion of the existing refineries, energy optimisation, debottlenecking studies and long range planning. Then he moved to Mathura Refinery as the head of Refinery Operations. From Mathura he was picked up to become the Director (Technical) of Oil Coordination Committee (OCC) - the Think Tank of the Ministry of Petroleum, the Government of India. He has travelled extensively and has been to USA, Russia, the Middle East, Europe and the Far East in connection with refinery design, technology selection, crude sourcing, etc. Having served for 28 years in Indian Oil Corporation and OCC in various capacities, he rose to the position of Executive Director and spearheaded the setting up of Panipat Refinery for the Indian Oil Corporation. He has been the Site President of the Jamnagar complex of the Company from 2001 to 2010. He is currently heading Group Manufacturing Services (GMS) since 2011 and working towards achieving excellence in the areas of HSE, Technology, Reliability and Operations of all Manufacturing Sites covering Refineries, Petrochemicals and Polyester Plants of the Company. Under his able leadership, in 2005, the Jamnagar Refinery became the first Asian Refinery to be declared the Best Refinery in the world, at the World Refining Fuel Conference at San Francisco, USA. Both Refineries have bagged many national and international awards for Excellence in Safety performance, Energy conservation Environment management, including the Golden Peacock Global Award for Sustainability for the year 2010. In recognition of his excellent achievements, the CHEMTECH Foundation had conferred on him the Outstanding Achievement Award for Oil Refining in 2008. He is also a Member of the Research Council of the Indian Institute of Petroleum, Dehradun. He is a member of the Health, Safety and Environment Committee of the Company. He holds 5,000 shares of the Company in his name as on March 31, 2014. Shri Mansingh L. Bhakta (DIN 00001963) is senior partner of Messers Kanga Company, a leading firm of Advocates and Solicitors in Mumbai. He has been in practice for over 59 years and has vast experience in legal field and particularly on matters relating to corporate laws, banking and taxation. He is a legal advisor to leading foreign and Indian companies and banks. He has also been associated with a large number of Euro issues made by Indian companies. He was the Chairman of the Taxation Law Standing Committee of LAWASIA, an Association of Lawyers of Asia and Pacific, which has its headquarters in Australia. He is a Director of the Indian Merchants Chamber, Mumbai and JCB India Limited. He is the Lead Independent Director of the Company. He is a member of the Audit Committees of JCB India Limited. During his long legal career, he has served as an Independent Director of a large number of leading corporates including Larsen Toubro Limited, SKF (India) Limited, Kirloskar Oil Engines Limited, Arvind Limited and Bennett Coleman Company Limited. He is a recipient of Rotary Centennial Service Award for Professional Excellence from Rotary International. In its normal annual survey conducted by Asia Law Journal, Hong Kong, a leading International law journal, he has been nominated as one of the Leading Lawyers of Asia 2011. Last year was the sixth consecutive year in which he has been so nominated. He holds 3,30,000 shares of the Company in his name as on March 31, 2014. Shri Yogendra P. Trivedi (DIN 00001879) is practicing as senior advocate in Supreme Court. He was a member of the Rajya Sabha till April 2, 2014. He holds important positions in various fields viz. economics, profession, politics, commercial, education, medical field, sports and social service. He has received various Awards and medals for his contribution in various fields. He was a Director in Central Bank of India and Dena Bank, amongst many other reputed companies. He was the past President of the Indian Merchants Chamber and presently is a Member of the Managing Committee. He was on the Managing Committee of ASSOCHAM and the International Chamber of Commerce. He was the Hon Counsel of Republic of Ethiopia. He is the Chairman of Sai Service Private Limited and Trivedi Consultants Private Limited. He is the Director of The Supreme Industries Limited, Zodiac Clothing Company Limited, The Seksaria Biswan Sugar Factory Limited, New Consolidated Construction Company Limited and Emami Limited. He is the Chairman of Indo African Chamber of Commerce. He was the President of the Cricket Club of India. He was the past President of the Western India Automobile Association. He is also Member of the Indian Merchants Chamber, All India Association of Industries, W. I.A. A. Club, B. C.A Club, Orient Club, Royal Bombay Yatch Club. He is also the Chairman of the Audit Committee, the Corporate Social Responsibility and Governance Committee and the Stakeholders Relationship Committee and Member of the Human Resources, Nomination and Remuneration Committee of the Company. He is a Member of the Audit Committee of Zodiac Clothing Company Limited and The Seksaria Biswan Sugar Factory Limited. He has been conferred Honorary Doctorate (HonorisCausa) by Fakir Mohan University, Balasore, Odisha. He holds 27,984 shares of the Company in his name as on March 31, 2014. Dr. Dharam Vir Kapur (DIN 00001982) is an honours Graduate in Electrical Engineering with wide experience in Power, Capital Goods, Chemicals and Petrochemicals Industries. He had an illustrious career in the government sector with a successful track record of building vibrant organisations and successful project implementation. He served Bharat Heavy Electricals Limited (BHEL) in various positions with distinction. Most remarkable achievement of his career was establishment of fast growing systems oriented National Thermal Power Corporation (NTPC) of which he was the founder Chairman-cum-Managing Director (CMD). As CMD, NTPC, Dr. Kapur was described as a Model Manager by the Board of Executive Directors of World Bank. As Secretary to the Government of India in the Ministries of Power, Heavy Industry and Chemicals Petrochemicals during 1980-86, he made significant contributions with introduction of new management practices and liberalization initiatives including authorship of Broad Banding and Minimum economic sizes in industrial licensing. He was also associated with a number of National Institutions as Member, the Atomic Energy Commission Member, Advisory Committee of the Cabinet for Science and Technology Chairman, Board of Governors, IIT Bombay (1983-94) Member, Board of Governors, IIM Lucknow and Chairman, National Productivity Council. In recognition of his services and significant contributions in the field of Technology, Management and Industrial Development, Jawaharlal Nehru Technological University, Hyderabad, conferred on him the degree of D. Sc. He is recipient of India Power, Life Time Achievement Award presented by Council of Power Utilities, for his contributions to Energy and Industry sectors. ENERTIA Awards 2010 also conferred Life Time Achievement Award on Dr. Kapur for his contribution to the Power and Energy Sector and for his leadership in the fledgling NTPC. Project Management Associates, India adopted Dr. D. V. Kapur as Mentor during its 20th International Conference in December 2013. Dr. Kapur is also recipient of Meritorious Services Award for exemplary services to Indian Energy Sector presented by India Energy Forum. He is the Chairman (Emeritus) of Jacobs HG (P) Limited. He is also a Director on the Boards of Honda Siel Power Products Limited, DLF Limited and other private limited companies. Earlier he was a Director on the Boards of Tata Chemicals Limited, Larsen Toubro Limited, Ashok Leyland Limited and also Chairman of GKN Driveline Limited. He is a member of the Human Resources, Nomination and Remuneration Committee, the Corporate Social Responsibility and Governance Committee and the Health, Safety and Environment Committee of the Company. He is Chairman Audit Committee, ShareholdersInvestors Relations Committee and Remuneration Committee of Honda Siel Power Products Limited. He is also a member Audit Committee and Chairman, Committees on Corporate Governance and ShareholdersInvestor Relations of DLF Limited. He holds 13,544 shares of the Company in his name as on March 31, 2014. Shri Mahesh Prasad Modi (DIN 00001604), M. Sc (Econ.) (London), Fellow, Economic Development Institute of the World Bank, held high positions in the Government of India as Chairman of Telecom Commission Secretary, Telecommunications Department Director General, Telecommunications Secretary, the Ministry of Coal Special Secretary (Insurance), Economic Affairs Department and Joint Secretary, the Ministry of Petroleum, Chemicals and Fertilizers. He has served as Director on the Board of Directors of many public sector and private sector companies, including: GAIL (Founder Director), IPCL, BPCL, CRL, BRPL, Life Insurance Corporation of India, General Insurance Corporation, Mangalore Refinery Petrochemicals, Essar Shipping, BSES, ICICI Prudential Life Insurance Co. and India Advisory Board of BHP Billiton. He has considerable management experience, particularly in the fields of energy, petrochemicals, telecom and insurance. He is a member of the Audit Committee of the Company. He holds 2,924 shares of the Company in his name as on March 31, 2014. Prof. Ashok Misra (DIN 00006051) is a B. Tech. in Chemical Engineering from IIT Kanpur, M. S. in Chemical Engineering from the Tufts University and a Ph. D. in Polymer Science Engineering from the University of Massachusetts. He has also completed the Executive Development Programme and Strategies for Improving Directors Effectiveness Programme at the Kellogg School of Management, Northwestern University. He was the Director at the Indian Institute of Technology, Bombay from 2000 to 2008, where he made significant contribution taking the Institute to greater heights. During his tenure the IIT Bombay was transformed into a leading Research Development Institute, while at the same time maintaining its reputation as a leader in quality engineering education. Prior to this he was at IIT Delhi from 1977-2000 and at Monsanto Chemical Co. from 1974-1977. He is currently the Chairman-India, Intellectual Ventures. He is a Fellow of the National Academy of Sciences, India (President from 2006 to 2008) the Indian National Academy of Engineering, the Indian Institute of Chemical Engineers, the Indian Plastics Institute and the Maharashtra Academy of Sciences. He is the Founder President of the Polymer Processing Academy and the former President of the Society of Polymer Science, India. He is an Independent Director on the Board of Jubilant Industries Limited and Jubilant Agri and Consumer Products Limited. He is a member of Audit Committee and Compensation Committee of Jubilant Industries Limited. He is a member of the Board of Governors of IIT Delhi, member of the IIT Council and a member of the Central Advisory Board of Education of MHRD. He is a member of the Stakeholders Relationship Committee of the Company and a Member of the Investment Committee for Aditya Birla Private Equity Sunrise Fund. He was on the Board of National Thermal Power Corporation Limited for 6 years. He ishas been on the Boards or Councils of several national and international institutions. He has received several awards including the Distinguished Alumnus Awards from all his alma maters IIT Kanpur, Tufts University and University of Massachusetts. He was awarded the Distinguished Service Award by IIT Delhi during its Golden Jubilee in 2011. He has co-authored a book on Polymers, was awarded 6 patents and has over 150 international publications. He is on the editorial board of several scientific journals. He holds 2,300 shares of the Company in his name as on March 31, 2014. Prof. Dipak C. Jain (DIN 00228513) has a M. S. in Mathematical Statistics from Guwahati University, India and a Ph. D. in Marketing from the University of Texas at Dellas, United States of America. Prof. Jain is a distinguished teacher and scholar. He had been Dean of the Kellogg School of Management, Northwestern University, Evanston, Illinois, United States of America from 2001 to 2009 and an Associate Dean from 1996 to 2001. Currently, he is a Chaired Professor of Marketing at INSEAD, a leading business school with three campuses at Fontainebleau (Paris), France, Singapore and Abu Dhabi. He has served as the Dean of INSEAD from 2011-13. He has more than 30 years of experience in management education. He has published several articles in international journals on marketing and allied subjects. His academic honors include the Sidney Levy Award for Excellence in Teaching in 1995 the John D. C. Little Best Paper Award in 1991 Kraft Research Professorships in 1989- 90 and 1990-91 the Beatrice Research Professorship in 1987-88 the Outstanding Educator Award from the State of Assam in India in 1982 Gold Medal for the Best Post - Graduate of the Year from Guwahati University in India in 1978 Gold Medal for the Best Graduate of the Year from Darrang College in Assam in India in 1976 Gold Medal from Jaycees International in 1976 the Youth Merit Award from Rotary International in 1976 and the Jawaharlal Nehru Merit Award, the Government of India in 1976. He is a Director of HT Global Education, John Deere Company, United States of America, Global Logistic Properties, Singapore and Northern Trust Bank, United States of America. He is a Director of Reliance Retail Ventures Limited and also a member of its Audit Committee. He does not hold any shares of the Company in his name as on March 31, 2014. Dr. Raghunath A. Mashelkar, (DIN 00074119) National Research Professor, is presently also the President of Global Research Alliance, a network of publicly funded RD Institutes from Asia-Pacific, Europe and USA with over 60,000 scientists. Dr. Mashelkar served as the Director General of Council of Scientific and Industrial Research (CSIR), with thirty-eight laboratories and about 20,000 employees for over eleven years. He was also the President of Indian National Science Academy and President of Institution of Chemical Engineers (UK). Dr. Mashelkar is on the Board of Directors of several other reputed companies such as Tata Motors Limited, IKP Knowledge Park, Thermax Limited, Piramal Enterprises Limited, and KPIT Cummins Infosystems Limited and several other private limited companies. He is also a Director of Reliance Gene Medix Limited (company incorporated outside India). He is a member of the Scientific Advisory Board of the Microsoft. He is a member of the Audit Committee, the Human Resources, Nomination and Remuneration Committee and the Corporate Social Responsibility and Governance Committee of the Company. He is Chairman of the Safety, Health and Environment Committee of Tata Motors Limited. He is a member of the Audit Committees of Tata Motors Limited and Piramal Enterprises Limited (formerly Piramal Healthcare Limited). He is a member of the Remuneration Committee of KPIT Cummins Infosystems Ltd. Dr. Mashelkar is only the third Indian engineer to have been elected (1998) as Fellow of Royal Society (FRS), London in the twentieth century. He was elected Foreign Associate of National Academy of Science (USA) in 2005, Associate Foreign Member, American Academy of Arts Sciences (2011) Foreign Fellow of US National Academy of Engineering (2003) Fellow of Royal Academy of Engineering, U. K. (1996), Foreign Fellow of Australian Technological Science and Engineering Academy (2008) and Fellow of World Academy of Art Science, USA (2000). In August 1997, Business India named Dr. Mashelkar as being among the 50 path-breakers in the post - Independent India. In 1998, Dr. Mashelkar won the JRD Tata Corporate Leadership Award, the first scientist to win it. In June, 1999, Business India did a cover story on Dr. Mashelkar as CEO OF CSIR Inc., a dream that he himself had articulated, when he took over as DG, CSIR in July 1995. On November 16, 2005, he received the Business Week (USA) award of Stars of Asia at the hands of George Bush (Sr.), the former President of USA. He was the first Asian Scientist to receive it. Deeply connected with the innovation movement in India, Dr. Mashelkar is currently the Chairman of Indias National Innovation Foundation, Reliance Innovation Council, Thermax Innovation Council and Marico Innovation Foundation. Thirty universities have honoured him with honorary doctorates, which include Universities of London, Salford, Pretoria, Wisconsin and Delhi. The President of India honoured Dr. Mashelkar with Padmashri (1991), with Padmabhushan (2000) and with Padma Vibhushan (2014), which are three of the highest civilian honours in recognition of his contribution to nation building. When Dr. Mashelkar took over as the Director General of CSIR, he enunciated CSIR 2001: Vision Strategy. This was a bold attempt to draw out a corporate like RD and business plan for a publicly funded RD institution. This initiative has transformed CSIR into a user focused, performance driven and accountable organization. This process of transformation has been recently heralded as one of the ten most significant achievements of Indian Science and Technology in the twentieth century. Dr. Mashelkar has been propagating a culture of innovation and balanced intellectual property rights regime for over a decade. It was through his sustained and visionary campaign that growing awareness of Intellectual Property Rights (IPR) has dawned on Indian academics, researches and corporates. He spearheaded the successful challenge to the US patent on the use of turmeric for wound healing and also the patent on Basmati rice. These landmark cases have set up new paradigms in the protection of Indias traditional knowledge base, besides leading to the setting up of Indias first Traditional Knowledge Digital Library. In turn, at an international level, this has led to the initiation of the change of the International Patent Classification System to give traditional knowledge its rightful place. As Chairman of the Standing Committee on Information Technology of World Intellectual Property Organization (WIPO), as a member of the International Intellectual Property Rights Commission of UK Government and as Vice Chairman on Commission in Intellectual Property Rights, Innovation and Public Health (CIPIH) set up by World Health Organization (WHO), he brought new perspectives on the issue of IPR and the developing World concerns. In the post-liberalized India, Dr. Mashelkar has played a critical role in shaping Indias ST policies. He was a member of the Scientific Advisory Council to the Prime Minister and also of the Scientific Advisory Committee to the Cabinet set up by successive governments. He has chaired twelve high powered committees set up to look into diverse issues of higher education, national auto fuel policy, overhauling the Indian drug regulatory system, dealing with the menace of spurious drugs, reforming Indian agriculture research system, etc. He has been a much sought after consultant for restructuring the publicly funded RD institutions around the World his contributions in South Africa, Indonesia and Croatia have been particularly notable. Dr. Mashelkar has won over 50 awards and medals, which include S. S. Bhatnagar Prize (1982), Pandit Jawaharlal Nehru Technology Award (1991), G. D. Birla Scientific Research Award (1993), Material Scientist of Year Award (2000), IMC Juran Quality Medal (2002), HRD Excellence Award (2002), Lal Bahadur Shastri National Award for Excellence in Public Administration and Management Sciences (2002), World Federation of Engineering Organizations (WFEO) Medal of Engineering Excellence by WFEO, Paris (2003), Lifetime Achievement Award by Indian Science Congress (2004), the Science medal by the Academy of Science for the Developing World (2005), Ashutosh Mookherjee Memorial Award by Indian Science Congress (2005), etc. He does not hold any shares of the Company in his name as on March 31, 2014. Shri Adil Zainulbhai (DIN 06646490) is currently Senior Advisor to McKinsey. He retired as Chairman of McKinsey, India after 34 years at McKinsey. He spent the last 10 years in India. Prior to returning to India, he led the Washington office of McKinsey and founded the Minneapolis office. Over the last 10 years in India, Shri Adil has worked directly with the CEOs and promoters of some of the major companies in India and globally private companies, MNCs and PSUs. He has been focusing on 3 areas: Helping Indian companies meet their growth aspirations and become successful globally and developing their senior leadership. Helping Public Sector Undertakings (PSUs) become more efficient and effective. Helping MNCs enter India and build profitable, large and innovative businesses. Shri Adil has also been working with several parts of the government and led efforts around urbanization, inclusive growth and energy. Shri Adil has co-edited the book, Reimagining India which featured 60 authors including prominent businessmen, academicians, economists, authors and journalists. The book has been 1 in non-fiction in India on its release and 2 on Amazons International Business List in the US. Shri Adil grew up in Bombay and graduated in Mechanical Engineering from the Indian Institute of Technology. He also has an M. B.A. from Harvard Business School. Shri Adil is very active in community and social causes. He is a Board member of the American India Foundation, Saifee Hospital, Board of Trustees at Saifee Burhani Upliftment Trust (redeveloping Bhendi Bazaar in Mumbai), Advisory Board of the Indian Institute of Technology Bombay, Wockhardt Foundation, HMRI (Health Management Research Institute), Harvard Business School Alumni Association of India and on the Global Advisory Board of the Booth School of Business at University of Chicago. Shri Adil Zainulbhai is also Chairman of the Human Resources, Nomination and Remuneration Committee and Member of the Audit Committee of the Company. He does not hold any shares of the Company in his name as on March 31, 2014.Stock Price Quotes Corporation Bank Corporation Bank About Corporation Bank Corporation Bank, incorporated in the year 1999, is a banking company (having a market cap of 5373.96 Cr.). Corporation Bank key ProductsRevenue Segments include Interest amp Discount on Advances amp Bills which contributed 14483.05 Cr to Sales Value (74.61 of Total Sales), Interest on Investments which contributed 4208.60 Cr to Sales Value (21.68 of Total Sales), Interest which contributed 697.51 Cr to Sales Value (3.59 of Total Sales) and Interest On Balances with RBI and Other Inter-Bank Funds which contributed 22.08 Cr to Sales Value (0.11 of Total Sales)for the year ending 31-Mar-2016. The Bank has reported a Gross Non Performing Assets (Gross NPAs) of Rs 15828.00 Cr. (11.26 of total assets) and Net Non Performing Assets (Net NPAs) of Rs 10314.94 Cr. (7.64 of total assets). For the quarter ended 31-12-2016, the company has reported a Standalone Interest Income of 3279.40 Cr. down -7.29 from last quarter Interest Income of 3537.20 Cr. and down -6.69 from last year same quarter Interest Income of 3514.35 Cr. The bank has reported net profit after tax of 159.02 Cr. في الربع الأخير. Alert Watchlist Portfolioour values our people Leading b2b publisher, specialising in online, interactive professional communities With a range of services including websites, email publications, industry awards and events, Sift Media delivers original, branded content to over half a million professionals in accounting, IT, HR and training, marketing, and small business. من خلال إنتاج محتوى عالي الجودة وإشراك جمهورنا المهني عبر نقاط اتصال متعددة نقدم ل b2b ماركات فريدة من نوعها فرص التسويق التي تقدم عائد حقيقي على الاستثمار. قيمنا نحن نؤمن بإنشاء المحتوى، وتمكين المحادثات وتحويل فرص الأعمال التجارية، سواء بالنسبة لجمهورنا التجاري أو لعملائنا الإعلانيين. من خلال التركيز على المحتوى وتعزيز مشاركة المجتمع ونحن نهدف إلى خلق بيئات موثوقة وفريدة من نوعها للعلامات التجارية التجارية ورجال الأعمال لتحسين العلاقات. شعبنا شعبنا هو أعظم أصولنا، وكنا محظوظين لجذب بعض من أفضل المواهب الرقمية في البلاد. مع فريق الإدارة العليا العملي، ومديرو الحملات والحسابات من ذوي الخبرة، والمحررين الحائز على جائزة، وفريق الإنتاج والتكنولوجيا الرائدة لدينا بنية ونوعية التي تميزنا عن الناشرين الآخرين. معرفة المزيد وتلبية الفريق أدناه. توم دونكيرلي ستيفن بريسكوت المدير المالي، سيفت تاريخنا أسس أندرو غراي، ديفيد جيلروي والرئيس التنفيذي الحالي بن هيلد، سيفت لتقديم خدمات معلومات خاصة بالصناعة استفادت من الإنترنت من خلال دمج الأخبار التقليدية ومحتوى الويب. مع خلفية بنس في المحاسبة تقرر هذا سيكون أول سوق للاستكشاف وذلك في عام 1997 ولدت AccountingWEB. co. uk. وقد عملت الصيغة، وخلال 12 شهرا، كانت قائمة التداول قد انتقلت من 10 إلى 4000، مع توليد الإيرادات من الإعلانات في النشرات الأسبوعية للبريد الإلكتروني. سيفت ميديا الآن تصل إلى أكثر من 700،000 المهنيين المسجلين في الأعمال التجارية كل شهر وتسليم أكثر من 5 ملايين صفحة الانطباعات عبر محفظتها من 11 عناوين في المملكة المتحدة والولايات المتحدة الأمريكية. ليس فقط نحن نواصل تطوير بعض من أكثر الأعمال التجارية على الانترنت ولاء وتشاركا، ونحن نقدم الحلول الرائدة للمعلنين. للحصول على تاريخ أكثر تفصيلا زيارة موقعنا على شبكة الإنترنت فرزت. إذا كنت ترغب في الانضمام إلى واحد من الناشرين الأكثر إثارة في المملكة المتحدة وكنت تعتقد أن لديك العاطفة والمهارات لتصبح جزءا قيما للفريق، لماذا لا تحقق من الشواغر الحالية لدينا.
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