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Corporate Governance

Audit Committee

Members

  1. George Lamannil
  2. Maneesh Srivastava
  3. Sabu Zacharias Kuncheria

Purpose:

The Audit Committee shall assist the Board of Directors in the oversight of (1) the integrity of the financial statements of the Company, (2) the effectiveness of the internal control over financial reporting, (3) to monitor the auditor’s independence and performance and effectiveness of audit process, (4) the performance of the Company’s internal audit function  (5) the effectiveness of the Company’s enterprise risk management program.

 

Nomination and Remuneration Committee

Members

  1. George Lamannil
  2. Maneesh Srivastava
  3. Sabu Zacharias Kuncheria

Purpose:

To formulate the criteria for determining qualifications, competencies, positive attributes and independence for appointment of a Director (Executive / Non-Executive) and recommend to the Board policies relating to the remuneration of the Directors, Key Managerial Personnel and other employees.

 

Asset Liability Management Committee

Members

  1. George Lamannil
  2. Maneesh Srivastava
  3. Sabu Zacharias Kuncheria
  4. Sadaf Sayeed
  5. Neethu Ajay

Purpose:

The market risk for NBFCs with asset size of Rs.100 crore or above as on the date of last audited balance sheet is addressed by the Asset Liability Management Committee (ALCO) constituted to monitor the asset liability gap and strategize action to mitigate the risk associated.

Risk management Committee

Members

  1. George Lamannil
  2. Maneesh Srivastava
  3. Sabu Zacharias Kuncheria
  4. Sadaf Sayeed
  5. Neethu Ajay

Purpose:

The Committee is constituted to assist the Board in the discharge of its duties and responsibilities with respect to oversight of Company’s risk management framework, including the significant policies and practices used in managing credit, operational and certain other risks