Amal Ltd 2012-13

09 2.2 Appointment andTenure 2.3 Composition,Name,OtherDirectorships | CommitteeMemberships Number Name Category Directorship(s) in other company(ies)¹ Committee(s) Board(s)² 2.4 BoardMeetings Number Day Date Venue 2|3 of the Directors are rotational Directors. 1|3 of rotational Directors retire in every Annual General Meeting (AGM) and, if eligible, offer themselves for reappointment. The Managing Director is appointedby theMembers for a periodof five years. The Board comprises experts drawn fromdiverse 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, lawand public enterprises. 1 Mr S S Lalbhai Promoter, 5 3 - 2 Mr V Koppaka - - - 3 Mr T R Gopi 6 3 - 4 Mr N C Singhal Independent, 9 3 5 5 Mr S A Shah Independent, 9 3 5 6 Mr A R Jadeja Independent, - - - excludes AlternateDirectorships andDirectorships in foreign companies andprivate limited companies in compliance with Clause 49, Memberships | Chairmanships of only the Audit Committees and Shareholders’ | Investors’ Grievance Committees of all public limited companies including the Companywere considered * Chairman ** ManagingDirector The Boardmeetingdateswerenormally determinedwell in advance. During the year, theBoard met four times: 1 Saturday May 05,2012 Mumbai 2 Saturday July 14,2012 Mumbai 3 Wednesday October 17,2012 Mumbai 4 Saturday January 12,2013 Mumbai rd rd 1 2 Membership(s) Chairmanship(s) of the of the Committee(s) of of the the Board(s)² Non-executive* Executive** Non-executive Kannan Non-executive Non-executive Non-executive