PURSUANT TO THE SECTION 134(3)(P) AND SCHEDULE IV OF THE COMPANIES ACT, 2013 READ WITH REGULATION 17 OF THE LISTING REGULATIONS, THE BOARD OF DIRECTORS HAVE CARRIED OUT AN EVALUATION OF INDEPENDENT DIRECTORS, THE DIRECTORS INDIVIDUALLY, AS WELL AS THE EVALUATION OF THE WORKING OF ITS COMMITTEES. BASED ON THE PERFORMANCE EVALUATION CARRIED OUT BY THE BOARD OF THE COMPANY, THE PERFORMANCE OF THE BOARD AND ITS COMMITTEES AND INDIVIDUAL DIRECTORS OF THE COMPANY WAS FOUND SATISFACTORY. AS PER SCHEDULE IV TO THE COMPANIES ACT, 2013 AND REGULATION 25 OF THE LISTING REGULATIONS, A SEPARATE MEETING OF INDEPENDENT DIRECTORS WAS HELD ON 9 MARCH, 2022, WHERE INDEPENDENT DIRECTORS, REVIEWED THE PERFORMANCE OF NON–INDEPENDENT DIRECTORS, THE BOARD AS A WHOLE, CHAIRMAN OF THE COMPANY AND FOUND THEIR PERFORMANCES TO BE SATISFACTORY. |