4. Noted re-constitution of ‘Audit Committee', Remuneration & Selection Committee as ‘Nomination & Remuneration Committee' and Shareholders' / investors / Grievance Redressal committee as ‘Stakeholders Relationship Committee' of Directors of the Company along with revised terms of reference.
5. Considered and approved Re-appointment of Internal Auditors of the Company for the financial year 2014-15.
6. Noted Disclosure of Interest received U/s. 184 of the Companies Act, 2013 from the Directors of the Company for F.Y. 2014-15 and noting of same in Registrar of Contracts.
7. Noted affirmative statement from the Independent Directors that they meet the criteria of independence as per revised clause 49 of the listing agreement on corporate governance and section 149 of the Companies Act, 2013.
8. Noted terms and conditions of appointment including remuneration of Whole-time Key Managerial Personnel of the Company as per the Companies Act, 2013.
9. Approved revised Code of Conduct for all Board Members and Senior Management of the Company as per revised Clause 49 of the Listing Agreement and noted Code of Conduct applicable to the Independent Directors of the Company as per Schedule IV to the Companies Act, 2013.
10. Noted appointment of five Independent Directors of the Company in terms of section 149, 152 of the Companies Act 2013 and Rules made therein and revised clause 49 of the Listing Agreement subject to approval of the Members at the forthcoming Annual General Meeting.