CORPORATE GOVERNANCE POLICY
The Company's philosophy on Corporate Governance endeavors attainment of highest levels of transparency, accountability and equity in all facets of its operation and in all interactions with its stakeholders, including shareholders, employees, cane growers, lenders, suppliers, customers and the Government.
CORPORATE GOVERNANCE PRACTICES
At the core of our corporate governance practice is the Board of Directors (Board), which oversees how the management serves and protects the long-term interests of all the stakeholders of the company. We believe that an active, well-informed and independent Board is necessary to ensure the highest standards of corporate governance. In our Board, 6 out of 10 directors are independent members.
At periodic intervals, Board Meetings and General Meetings are conducted for the purposes required by the correct Governance Practice.
Further, we have
- Audit Committee,
- Remuneration Committee,
- Shareholders'/Investors' Grievance Committee, which is comprised of
Independent Directors.
AUDIT COMMITTEE
The committee consists of three Independent Directors. No executive Director is in the Committee. The Committee consists of,
- Dr. A. Selvakumar
- Sri A. Arjunraj
- Sri V.K. Swaminathan
Dr. A. Selvakumar is the Chairman of the Audit Committee.
REMUNERATION COMMITTEE
The Board has constituted the Remuneration Committee consists of the following three Non-Executive Directors:
- Sri K. Kalyanasundaram
- Sri A. Arjunraj
- Sri V.K. Swaminathan
SHAREHOLDERS'/INVESTORS' GRIEVANCE COMMITTEE
The Committee consists of the following Directors:
- Sri M. Balasubramanian
- Sri M. Srinivasan
Sri M. Balasubramanian is the Chairman of the Committee.
Sri G.S. Lakshmni Narasimhan, Company Secretary is the Compliance Officer.
MEANS OF COMMUNICATION
The quarterly/half yearly/annual financial results of the Company are published in English and Kannada News Papers and at our website.
LISTING
Then Company's equity shares are listed on the following Stock Exchanges:
- Bangalore Stock Exchange Limited
- Madras Stock Exchange Limited
SHARE TRANSFER SYSTEM
Cameo Corporate Services Limited has been appointed as the registrars handling both share transfer and demat operations with NSDL/CDSL.
The ISIN of Sri Chamundeswari Sugars Ltd. is INE004H01019.
Address for Communication regarding Share transfers
Cameo Corporate Services Limited
Subramanian Building
No. 1, Club House Road
Chennai - 600 002.
Phone : 044-28460390
Fax : 044-28460129
Email : cameo@cameoindia.com |
