Amal Ltd 2011-12

9 2.2 Appointment and Tenure 2|3 rd of the Directors are rotational Directors. 1|3 rd of rotational Directors retire in every Annual General Meeting (AGM) and, if eligible, offer themselves for reappointment. The Managing Director is appointed by the Members for a period of five years. 2.3 Composition, Name, Other Directorships | Committee Memberships The Board comprises experts drawn from diverse fields | professions. At this time, it consists of six Members comprising five Non-executive Directors and one Managing Director. The composition of the Board comprises not less than 50% Independent Directors, thereby complying with the Listing Agreements. The Non-executive Directors are eminent professionals, drawn from amongst persons with experience in business, finance, industry and law. Number Name Category Directorship(s) in other company(ies) 1 Membership(s) of the Committee(s) of the Board(s)² Chairmanship(s) of the Committee(s) of the Board(s)² 1 Mr S S Lalbhai Promoter, Non-executive* 5 3 - 2 Mr V Koppaka Promoter, Executive** - - - 3 Mr T R Gopi Kannan Promoter, Non-executive 6 3 - 4 Mr N C Singhal Independent, Non-executive 9 8 5 5 Mr S A Shah Independent, Non-executive 9 9 5 6 Mr A R Jadeja Independent, Non-executive - - - 1 excludes Alternate Directorships and Directorships in foreign companies and private limited companies 2 in compliance with Clause 49, Memberships | Chairmanships of only the Audit Committees and Shareholders’ | Investors’ Grievance Committees of all public limited companies including the Company were considered * Chairman ** Managing Director 2.4 Board Meetings The Board Meeting dates were normally determined well in advance. During the year, the Board met four times: Number Day Date Venue 1 Saturday May 14, 2011 Mumbai 2 Monday July 25, 2011 Mumbai 3 Saturday November 5, 2011 Mumbai 4 Saturday February 4, 2012 Ankleshwar 2.5 Attendance at the Board Meetings and at the Annual General Meeting Board Meetings AGM on August 9, 2011 Number Name Total Attended 1 Mr S S Lalbhai 4 4 Present 2 Mr V Koppaka 4 4 Present 3 Mr T R Gopi Kannan 4 4 Present 4 Mr N C Singhal 4 4 Present 5 Mr S A Shah 4 4 Present 6 Mr A R Jadeja 4 4 Present 2.6 Appointment | cessation during the year Nil