Nomination and Remuneration Committee

The Committee consist of the following Directors:

  • Lt. Gen. K.K. Hazari (Retd.)-Chairman
  • Mr. Shekar Datta
  • Mr. Nikhil Sawhney

The broad terms of reference of the Committee include:

  • To identify persons who are qualified to become Directors (Executive, Non Executive and Independent Directors) and who may be appointed in senior management in accordance with the criteria laid down
  • To recommend to the Board their appointment and removal and shall carry out evaluation of every director's 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 (Executive, Non Executive and Independent Directors), key managerial personnel and other employees.
  • Plan for succession of Board members and Key Managerial Personnel
  • Devising a policy on Board diversity and
  • To review the adequacy of aforesaid terms of reference and recommend any proposed change to the Board for its approval.