Amal Ltd 2016-17

27 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 Clause 49 of the Listing agreement and Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and as per the Companies Act, 2013. The Non-executive Directors are eminent professionals, drawn from amongst persons with skills, experience and knowledge in one or more fields of finance, law, Management or any other discipline related to the business of the Company. No. Name 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 Chairman 3 1 S S Lalbhai 5 3 - Managing director 2 P N Ogale 4 - - - 3 R Kumar 5 - - - Non-executive Directors 4 T R Gopi Kannan 8 4 - 5 S A Shah 8 4 2 6 A R Jadeja - 1 1 7 S Mahalakshmi - - 1 Except Mr T R Gopi Kannan all other Non-executive Directors are Independent 1 Excludes Alternate Directorships and Directorships in foreign companies and private limited companies ² In compliance with Regulation 27 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 Memberships | Chairmanships of only the Audit Committees and Stakeholders’ Relationship Committees of all public limited companies including the Company were considered 3 Chairman - Promoter and Non-executive Director 4 Upto December 14, 2016 | 5 Effective March 24, 2017 2.4 Board meetings The Board meeting dates were normally determined well in advance. During 2016-17, 5 meetings were held: Number Day Date Venue 1 Friday April 22, 2016 Mumbai 2 Thursday August 04, 2016 Mumbai 3 Friday October 14, 2016 Mumbai 4 Thursday January 12, 2017 Mumbai 5 Friday March 24, 2017 Mumbai