Cemindia believes that good corporate governance is an important constituent in enhancing stakeholder value. Cemindia has in place processes and systems whereby the Company complies with the requirements of Corporate Governance.

The Board has an optimum combination of Executive and Non-Executive Directors. The composition of the Board is in conformity with the Listing Regulation 2015 as amended. As on date the Company has six (6) Directors with a Non- Executive Chairman. Of the six (6) Directors, four (4) are Non- Executive Directors out of which three (3) are Independent Directors.

Specimen Of Appointment Letter Of Independent Directors Of The Company

Familiarization programs for Independent Directors includes:

• Nature of the industry in which the listed entity operates;
• Roles, Rights & Responsibilities of Independent Directors;
• Business Overview and an outline of Business Plan and Annual Targets;
• Overview of Business Development initiatives;
• Operations Overview;
• Financial Performance, Budget & control processes; and
• Orientation on Statutory Compliances as a Board Member;
• Corporate presentation to Audit and Board alongwith Quarterly / Annual Financial Statements;
• Managing Director’s Report to the Board on operational performance covering safety, training, HR, Orders / WIH, major prospects, financials, focus areas, etc. on a Quarterly basis;
• Code of Conduct of Independent Directors circulated. Appointment letter annexed with Schedule IV to the Act in relation to Guidelines of professional conduct, Role and functions, Duties contained therein, as mandated by Section 149(8) of the Act and Duties of the Director as per Companies and Listing Regulations.

Familiarization programs for Independent Directors