Amal Ltd 2013-14

Amal Ltd | Annual Report 2013-14 3.2 Remuneration Committee 3.2.01 Role i) Determining on behalf of the Board and theMembers, policy of the Company, on remuneration for the Managing Director. ii) Determining the remuneration of the Managing Director based on individual performance, qualifications, experience, the Company performance and comparable industry practices, among others. 3.2.02 Composition The Committee comprises three Members. All the Members are Non-executive Directors. Number Name Designation 1 Mr Sujal Shah Chairman 2 Mr Naresh Singhal Member 3 Mr Sunil Lalbhai Member 3.2.03 Meetings and attendance No meeting was held during 2013-14. The Board notes the minutes of the Remuneration Committee meetings. 3.3 Share Transfer and Shareholders’ | Investors’ Grievance Committee 3.3.01 Role i) Reviewing redressal of complaints of the Shareholders and the Investors like transfer of shares (physical and demat), non-receipt of Annual Report, non-receipt of declared dividend, etc ii) Reviewing any other related matter which the Committee may deem fit in the circumstances of the case including the following:  Change name(s) of the Members on share certificates  Consolidate share certificates  Delete name(s) of guardian(s)  Delete name(s) from share certificates  Dematerialise shares  Issue duplicate share certificates  Rematerialise shares  Replace shares  Split-up shares  Transfer shares  Transmit shares  Transpose names