Nomination and Remuneration Committee
The Committee consists of the following Directors under the Chairmanship of a Non-Executive Independent Director :
- Mr. Shekhar Datta - Chairman
- Mr. Amal Ganguli
- Mr. Tarun Sawhney
- Dr. ( Mrs.) Vasantha S Bharucha
The broad terms of reference of the Committee are to determine the appropriate characteristics, skills and experience for the Board as a whole, as well as individual members ; to identify and recommend appointment of Executive and Non-Executive Directors and Senior management of the Company; to carry out evaluation of each director's performance and recommend their appraisal/removal; to plan for succession of the Board members and Key Managerial Personnel; to recommend the annual increments within the approved salary scale and the performance b. onus payable to the Executive Directors and to formulate and administer the Company's Employee Stock Option Scheme from time to time in accordance with SEBI guidelines.