Corporate Governance

In addition to the applicable provisions of the Companies Act, 2013, the provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, and the SEBI (ICDR) Regulations, 2018 in respect of corporate governance will be applicable to the Company immediately upon the listing of its Equity Shares on the Stock Exchanges.

The Company is in compliance with the requirements of corporate governance with respect to the composition of the Board and constitution of the committees of the Board, including the Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee, and Corporate Social Responsibility Committee, and the formulation and adoption of policies as prescribed under the SEBI Listing Regulations. The Board undertakes to take all necessary steps to continue to comply with the requirements of the Listing Regulations and the Companies Act, 2013.