NOMINATION AND REMUNERATION POLICY. Max Bupa Health Insurance Company Limited
|
|
- Dominick Doyle
- 5 years ago
- Views:
Transcription
1 NOMINATION AND REMUNERATION POLICY Max Bupa Health Insurance Company Limited I. PREAMBLE Pursuant to Section 178 of the Companies Act, 2013, the Board of Directors of Max Bupa Health Insurance Company Limited ( Max Bupa or Company ) is required to constitute the Nomination and Remuneration Committee ( NRC or the Committee ). The Company has in place a NRC comprising of 4(four) non-executive Directors, of which 2(two) are Independent Directors as required under section 178 of the Companies Act, The said Committee is currently discharging all obligations of NRC. This Committee and the Policy are formulated in compliance with Section 178 of the Companies Act, 2013 read along with Corporate Governance Guidelines for Insurance Companies issued by IRDAI, in this regard. II. DEFINITIONS Board means Board of Directors of the Company. Company means Max Bupa Health Insurance Company Limited. Director means a director appointed to the Board of the Company. Independent Director means a director referred to in Section 149 (6) of the Companies Act, Key Managerial Personnel (KMP) means a) Chief Executive Officer or the Managing Director or the Manager, b) Company Secretary, c) Whole-time Director, d) Chief Financial Officer and e) Such other officer as may be prescribed. Nomination and Remuneration Committee shall mean a Committee of Board of Directors of the Company, constituted in accordance with the provisions of Section 178 of the Companies Act, Policy or This Policy means, Nomination and Remuneration Policy. Remuneration means any money or its equivalent given or passed to any person for services rendered by him / her and includes perquisites as defined under the Income-tax Act, Senior Management means personnel of the Company who are members of its core management team excluding Board of Directors. This would include all members of Page 1 of 5
2 management one level below the Chief Executive Officer, Whole Time Director or Managing Director, including all the functional heads. III. GUIDING PRINCIPLES The Policy ensures that a) The level and composition of remuneration are reasonable and sufficient to attract, retain and motivate Directors of the quality required to run the Company successfully; b) The Relationship of remuneration to performance is clear and meets appropriate performance benchmarks and c) The Remuneration to Directors, Key Managerial Personnel and Senior Management involves a balance between fixed and incentive pay, reflecting short and long-term performance objectives appropriate to the working of the Company and its goals. The Policy shall be disclosed in the Board s Report. IV. ROLE OF THE COMMITTEE The role of the Committee shall be to ensure compliance of the relevant provisions of the Companies Act, 2013 and various other obligations as mentioned in the Charter of the Nomination and Remuneration Committee as approved by the Board of Directors from time to time. V. APPOINTMENT AND REMOVAL OF DIRECTOR, KEY MANAGERIAL PERSONNEL (KMP) AND SENIOR MANAGEMENT Appointment criteria and qualifications: a) The Committee shall identify and ascertain the integrity, qualification, expertise and experience of the person being appointed as Director, KMP or at Senior Management level and recommend to the Board his / her appointment. b) A person should possess adequate qualification, expertise and experience for the position he / she is considered for appointment. The Committee has the discretion to decide whether the qualification, expertise and experience possessed by a person are sufficient / satisfactory for the concerned position. c) The Company shall not appoint or continue the employment of any person as Managing Director/Whole-time Director/Manager who has attained the retirement age as per Company Policy. Page 2 of 5
3 VI. TERM AND TENURE a) Managing Director/Whole-time Director (Managerial Person): The Company shall appoint or re-appoint any person as its Managerial Person for a term not exceeding five years at a time. No re-appointment shall be made earlier than one year before the expiry of term. b) Independent Director: i) An Independent Director shall hold office for a term up to five consecutive years on the Board of the Company and will be eligible for appointment on passing of a special resolution by the Company and disclosure of such appointment in the Board's report. ii) No Independent Director shall hold office for more than two consecutive terms, but such Independent Director shall be eligible for appointment after expiry of three years of ceasing to become an Independent Director. iii) For the purpose of determining the term of independent directors, the existing term of the Independent Directors as on April 1, 2014 shall not be counted a term for above clauses. VII. EVALUATION The Committee shall carry out evaluation of performance of every Director at a yearly interval, in accordance with Section 178 of the Companies Act, 2013, and present a report thereon to the Board of Directors. VIII. REMOVAL Due to reasons for any disqualification mentioned in the Companies Act, 2013, rules made there under or under any other applicable Act, rules and regulations, the Committee may recommend, to the Board with reasons recorded in writing, removal of a Director, KMP or Senior Management subject to the provisions and compliance of the said Act, rules and regulations. IX. RETIREMENT The Director, KMP and Senior Management shall retire as per the applicable provisions of the Companies Act, 2013 and the prevailing policy of the Company. The Board will have the discretion to retain the Director, KMP, Senior Management in the same position / remuneration or otherwise even after attaining the retirement age, for the benefit of the Company. X. PROVISIONS RELATING TO REMUNERATION OF MANAGERIAL PERSON, KMP AND SENIOR MANAGEMENT Page 3 of 5
4 a) Remuneration of CEO and Managing Director: The remuneration of CEO, Whole Time Director and Managing Director inclusive of fixed pay, perquisites, allowances, short term/long-term incentives, retirals, and other components, will be determined by the Committee and recommended to the Board for approval. Wherever required, the remuneration of CEO, Whole Time Director and Managing Director shall be subject to the approval of the shareholders of the Company, Central Government and / or Insurance Regulatory Development Authority of India (IRDAI), in accordance with applicable provisions. The remuneration and commission to be paid to CEO, Whole Time Director and Managing Director shall be as per the applicable statutory provisions of the Companies Act, 2013 read with the Insurance Act, 1938 and amendments and rules made there-under for the time being in force. b) Remuneration to KMP and Senior Management: KMP (other than Whole Time Director and Managing Director) and Senior Management shall be eligible for a remuneration inclusive of fixed pay, perquisites, allowances, short term/ long term incentives, retirals and other components as may be approved by NRC and as per compensation strategy / framework of the Company from time to time. XI. REMUNERATION TO NON-EXECUTIVE / INDEPENDENT DIRECTOR: a) Commission to Independent Director Subject to the approval of Board and Shareholders in accordance with the statutory provisions of the Companies Act, 2013, and the rules made there under, the Independent Directors may be paid profit linked commission from time to time. Subject to the overall limit in this regard, the Board may, with mutual agreement with such director, determine and pay different commission, to each independent director. b) Sitting Fees The Independent Director may receive remuneration by way of fees for attending meetings of Board or Committee thereof. Provided that the amount of such fees shall not exceed the maximum amount as provided in the Companies Act, 2013, per meeting of the Board or Committee or such amount as may be prescribed by the Central Government from time to time. c) Engagement for Professional Services The Company may, in line with applicable provisions of Companies Act, 1938, read with Insurance Act, 1938 and amendments and rules there under, wherever applicable, engage any non executive director to provide professional services from time to time. Any such engagement for professional services shall be made if NRC of the Company is of the opinion that the Director possesses the requisite qualification for practice of profession. Page 4 of 5
5 XII. DEVIATIONS FROM THIS POLICY Deviations on elements of this policy in extraordinary circumstances, when deemed necessary, in the interests of the Company, will be made if there are specific reasons to do so in an individual case. XIII. OWNER OF THE POLICY The Policy is owned by Nomination and Remuneration Committee of the Company and shall be administered by the Director and Chief Human Resources Officer End of the document Page 5 of 5
HIPOLIN LIMITED NOMINATION REMUNERATION POLICY
HIPOLIN LIMITED NOMINATION AND REMUNERATION POLICY NOMINATION AND REMUNERATION POLICY This Nomination and Remuneration Policy is being formulated in compliance with Section 178 of the Companies Act, 2013
More informationNOMINATION AND REMUNERATION POLICY
NOMINATION AND REMUNERATION POLICY This Nomination and Remuneration Policy is being formulated in compliance with Section 178 of the Companies Act, 2013 read along with the applicable rules thereto, as
More informationNomination and Remuneration Policy
Nomination and Remuneration Policy This Nomination and Remuneration Policy is being formulated in compliance with Section 178 of the Companies Act, 2013 read along with the applicable rules thereto and
More informationNomination And Remuneration Policy
Nomination And Remuneration Policy TABLE OF CONTENTS 1 Background 2 2 Definitions 2 3 Purpose 3 4 Objectives 4 5 Applicability 5 6 Nomination And Remuneration Committee (NRC) Formulation And 5 Structure
More informationLANCO INFRATECH LIMITED
LANCO INFRATECH LIMITED Nomination and Remuneration Policy Page 1 of 10 Table of Contents Sl.No. Particulars 1.0 TITLE 3 2.0 PURPOSE 3 3.0 APPLICABILITY 3 4.0 OBJECTIVES 3 5.0 DEFINITIONS 4 6.0 POLICY
More informationBELSTAR INVESTMENT AND FINANCE PRIVATE LIMITED. Nomination and Remuneration Policy
BELSTAR INVESTMENT AND FINANCE PRIVATE LIMITED Nomination and Remuneration Policy Version: NR_ver 1.0 Date:12 th March 2016 Page 1 of 8 1.0 TITLE Nomination and Remuneration Policy. 2.0 PURPOSE Pursuant
More informationSOFTTECH ENGINEERS LIMITED. (Formerly known as SOFTTECH ENGINEERS PRIVATE LIMITED) NOMINATION AND REMUNERATION POLICY
SOFTTECH ENGINEERS LIMITED (Formerly known as SOFTTECH ENGINEERS PRIVATE LIMITED) NOMINATION AND REMUNERATION POLICY CONTENT Sr. Particulars No. 1 Title 2 Purpose 3 Applicability 4 Objectives 5 Definitions
More informationSAMTEL INDIA LIMITED NOMINATION AND REMUNERATION POLICY
SAMTEL INDIA LIMITED NOMINATION AND REMUNERATION POLICY 1. PREAMBLE As per Section 178 of the Companies Act, 2013 and Rules made thereunder and Provisions of Listing Obligation and Disclosure Requirements
More informationVarun Beverages Ltd. Remuneration Policy for the Directors, Key Managerial Personnel (KMP) and Members of Senior Management
Varun Beverages Ltd. Remuneration Policy for the Directors, Key Managerial Personnel (KMP) and Members of Senior Management The Board of Directors of Varun Beverages Limited ( the Company ) constituted
More informationSTOCK HOLDING CORPORATION OF INDIA LIMITED NOMINATION AND REMUNERATION POLICY. Version 1.1. July 28, No. Particulars Page No. a.
STOCK HOLDING CORPORATION OF INDIA LIMITED NOMINATION AND REMUNERATION POLICY Version 1.1 July 28, 2016 No. Particulars Page No. I Introduction a. Definitions 2 b. Applicability 2 c. Effective Date 3 d.
More informationCYBER PEARL INFORMATION TECHNOLOGY PARK PRIVATE LIMITED
CYBER PEARL INFORMATION TECHNOLOGY PARK PRIVATE LIMITED Regd. Office: Unit no. 7 & 8,1st Floor, Pinnacle Building, International Tech Park, CSIR Road, Taramani, Chennai CIN: U72900TN2002PTC099624 Website:
More informationBhavya Cements Limited. Nomination and Remuneration Policy
Bhavya Cements Limited Nomination and Remuneration Policy 1. PREAMBLE a. Bhavya Cements Limited (hereinafter referred to as the Company ) considers human resource as its invaluable asset and recognizes
More informationNOMINATION & REMUNERATION POLICY
NOMINATION & REMUNERATION POLICY OF SOLAR INDUSTRIES INDIA LIMITED Approved on: 26 th May, 2014 Revised on: 11 th May, 2018 Revised on: 29 th October,2018 1 A. STATUTORY MANDATE This Nomination and Remuneration
More informationBHARAT BIJLEE LIMITED
BHARAT BIJLEE LIMITED NOMINATION AND REMUNERATION POLICY OBJECTIVE The Nomination and Remuneration Committee and this Policy shall be in compliance with Section 178 of the Companies Act, 2013 read along
More informationNOMINATION AND REMUNERATION POLICY
NOMINATION AND REMUNERATION POLICY INTRODUCTION: This policy on nomination and remuneration of Directors, Key Managerial Personnel and Senior Management has been formulated by the Committee, in compliances
More informationCAPITAL FIRST LIMITED
CAPITAL FIRST LIMITED NOMINATION AND REMUNERATION POLICY OF DIRECTORS, KEY MANAGERIAL PERSONNEL, SENIOR MANAGEMENT AND OTHER EMPLOYEES Issued By: SECRETARIAL DEPARTMENT Version : 1 Recommended By : NOMINATION
More informationTHE INDIAN CARD CLOTHING COMPANY LIMITED (CIN : L29261PN1955PLC009579) NOMINATION AND REMUNERATION POLICY
THE INDIAN CARD CLOTHING COMPANY LIMITED (CIN : L29261PN1955PLC009579) NOMINATION AND REMUNERATION POLICY 1) PREAMBLE This Nomination and Remuneration Policy is being formulated in compliance with Section
More informationPOLICY DOCUMENT In compliance with Section 178 of the Companies Act, 2013 read with the applicable rules thereto
POLICY DOCUMENT In compliance with Section 178 of the Companies Act, 2013 read with the applicable rules thereto The Board of Directors of Shreno Limited ( the Company ) reconstituted and renamed the Remuneration
More informationSPANDANA SPHOORTY FINANCIAL LIMITED NOMINATION AND REMUNERATION POLICY
SPANDANA SPHOORTY FINANCIAL LIMITED NOMINATION AND REMUNERATION POLICY INTRODUCTION: At all levels and all times monetary compensation has been if not the sole but the most important motivational aspect
More informationNOMINATION & REMUNERATION POLICY
NOMINATION & REMUNERATION POLICY I. PREAMBLE In accordance with the provisions of the Section 178 of the Companies Act, 2013 read with Rules made thereunder and pursuant to part D Schedule V of Regulation
More informationASTRAZENECA PHARMA INDIA LIMITED. Nomination and Remuneration Policy
ASTRAZENECA PHARMA INDIA LIMITED Nomination and Remuneration Policy The Remuneration Committee of AstraZeneca Pharma Limited ( the Company ) was constituted on 6 th February 2013. In order to align with
More information'Directors' means members of Board of Directors of the Company. 'Independent Director' means a Director referred to in Section 149(6) of the Act.
VODAFONE INDIA LIMITED NOMINATION AND REMUNERATION POLICY Policy Owner Sunil Sood, Managing Director & CEO Policy Champion Ashok Ramchandran, Director Human Resources Kumar Das General Counsel 1. Purpose
More informationNomination and Remuneration Policy
2014 Nomination and Remuneration Policy PATEL ENGINEERING LIMITED Patel Estates, Jogeshwari, Mumbai Index Page No Introduction 2 Objective 2 Scope & Applicability 2 Definitions 3 Interpretation 4 Guiding
More informationBANKA BIOLOO LIMITED NOMINATION & REMUNERATION POLICY
BANKA BIOLOO LIMITED NOMINATION & REMUNERATION POLICY 1 1. INTRODUCTION A transparent, fair and reasonable process for determining the appropriate remuneration at all levels of Banka BioLoo Limited (the
More informationDivi s Laboratories Limited
NOMINATION AND REMUNERATION POLICY 1. INTRODUCTION The company would require the services of several staff, executives, managers and directors for conducting its business. The company is into development
More informationNOMINATION. Company. of the Policy: approved. identifying. persons who. position and. industry. others Personnel. Sr. No
NOMINATION AND REMUNERATIONN POLICY (u/s178) Introduction: In pursuance of the Company s policy to consider human resources as its invaluable assets, to pay equitable remuneration to alll Directors, Key
More informationNOMINATION & REMUNERATION POLICY (Pursuant to Section 178 of the Companies Act, 2013) Adopted by the Board of Directors on 25 th November, 2017
1 KISANKRAFT LIMITED (Formerly known as KisanKraft Machine Tools Private Limited) Corporate Identity Number (CIN): U29220KA2005PLC066051 Regd. Office: Sri Huchhanna Tower Site # 4, #748, 7 th A Cross,
More informationPolicy on Nomination, Remuneration & Evaluation
CONTENTS 1. Objective.. 2 2. Regulatory Framework..2 3. Definitions....2 4. Policy......3 5. Disclosure... 8 6. General....9 Version: 1 of 2015 Version approved by: The Board of Directors of Marico Limited
More informationPolicy on Nomination, Remuneration & Evaluation
CONTENTS 1. Objective.. 2 2. Regulatory Framework..2 3. Definitions....2 4. Policy......3 5. Disclosure... 8 6. General....9 Version: 1 of 2018 Version approved by: The Board of Directors of Marico Limited
More informationIL&FS Tamil Nadu Power Company Limited
IL&FS Tamil Nadu Power Company Limited Managerial Remuneration Policy Managerial Remuneration Policy I. Preamble: The remuneration policy provides a framework for remuneration paid to the members of the
More informationASTRAZENECA PHARMA INDIA LIMITED. Nomination and Remuneration Policy
ASTRAZENECA PHARMA INDIA LIMITED Nomination and Remuneration Policy The Remuneration Committee of AstraZeneca Pharma Limited ( the Company ) was constituted on 6 th February 2013. In order to align with
More informationASTRAZENECA PHARMA INDIA LIMITED. Nomination and Remuneration Policy
ASTRAZENECA PHARMA INDIA LIMITED Nomination and Remuneration Policy The Remuneration Committee of AstraZeneca Pharma Limited ( the Company ) was constituted on 6 th February 2013. In order to align with
More informationAu FINANCIERS (INDIA) LIMITED. Nomination& Remuneration Policy
Au FINANCIERS (INDIA) LIMITED Nomination& Remuneration Policy 1 Au FINANCIERS (INDIA) LIMITED REMUNERATION POLICY FOR DIRECTORS & SENIOR MANAGEMENT INTRODUCTION: Au Financiers (India) Limited (the company
More informationIL&FS ENGINEERING AND CONSTRUCTION COMPANY LIMITED MANAGERIAL REMUNERATION POLICY
IL&FS ENGINEERING AND CONSTRUCTION COMPANY LIMITED MANAGERIAL REMUNERATION POLICY I Preamble : (1) IL&FS Engineering and Construction Company Limited (IECCL) is an independent professionally managed Company
More informationHARYANA CAPFIN LIMITED
HARYANA CAPFIN LIMITED NOMINATION AND REMUNERATION POLICY Role of Committee - To formulate the criteria for determining qualification, positive attributes and independence of a Director - Identify persons
More informationJINDAL DRILLING & INDUSTRIES LIMITED
JINDAL DRILLING & INDUSTRIES LIMITED Role of Committee NOMINATION AND REMUNERATION POLICY - To formulate the criteria for determining qualification, positive attributes and independence of a Director -
More informationINDIA GLYCOLS LIMITED (CIN: L24111UR1983PLC009097) Nomination, Remuneration and Evaluation Policy
INDIA GLYCOLS LIMITED (CIN: L24111UR1983PLC009097) Nomination, Remuneration and Evaluation Policy This Nomination, Remuneration and Evaluation Policy (the Policy ) applies to the Board of Directors (the
More informationNPR FINANCE LIMITED NOMINATION AND REMUNERATION POLICY (updated on 14 th February, 2019)
NPR FINANCE LIMITED NOMINATION AND REMUNERATION POLICY (updated on 14 th February, 2019) NPR Finance Ltd. (the Company ) recognizes that Human Capital plays an essential role in developing a company's
More informationNOMINATION AND REMUNERATION POLICY
NOMINATION AND REMUNERATION POLICY This Nomination and Remuneration Policy is being formulated in compliance with Section 178 of the Companies Act, 2013 read along with the applicable rules thereto and
More informationINSILCO LIMITED NOMINATION AND REMUNERATION POLICY
INSILCO LIMITED NOMINATION AND REMUNERATION POLICY Introduction: This policy on nomination and remuneration of Directors, Key Managerial Personnel and Senior Management has been formulated by the Committee
More informationPOLICIES AND PROCESSES:
POLICIES AND PROCESSES: Contents: Particulars Board Diversity and Remuneration Policy: - Framework for performance evaluation of Independent Directors and the Board (Annexure A) - Framework for Separate
More informationNOMINATION AND REMUNERATION POLICY
NOMINATION AND REMUNERATION POLICY Introduction: This Policy on nomination and remuneration of Directors, Key Managerial Personnel and Senior Management has been formulated by the Nomination and Remuneration
More informationNOMINATION AND REMUNERATION POLICY
NOMINATION AND REMUNERATION POLICY This Nomination and Remuneration Policy (the Policy ) applies to the Board of Directors (the Board ), Key Managerial Personnel (the KMP ) and the Senior Management Personnel
More informationREMUNERATION POLICY OF GREENPLY INDUSTRIES LIMITED
REMUNERATION POLICY OF GREENPLY INDUSTRIES LIMITED The Board of Directors (the Board ) of Greenply Industries Limited (the Company ) had initially adopted this Remuneration Policy (the Policy ) on 18 th
More informationNomination, Remuneration and Evaluation Policy
Nomination, Remuneration and Evaluation Policy This Nomination, Remuneration and Evaluation Policy (the Policy ) applies to the Board of Directors (the Board ), Key Managerial Personnel (the KMP ) and
More informationPERFORMANCE EVALUATION POLICY
PERFORMANCE EVALUATION POLICY Effective From: Approval of the Board pursuant to its resolution dated 22.05.2015. Amended: Approval of the Board pursuant to its resolution dated 12-02-2018. INTRODUCTION
More informationAPEX FROZEN FOODS LIMITED
APEX FROZEN FOODS LIMITED POLICY FOR EVALUATION OF DIRECTORS AND KEY MANAGERIAL PERSONNEL AND OTHER EMPLOYEES A. BACKGROUND As per Section 178 of the Companies Act, 2013 and SEBI (Listing Obligations and
More informationRemuneration Policy Approved by Board Nomination and Remuneration POLICYREFERENCE REMUNERATION POLICY SECRETARIAL DEPT.
POLICYREFERENCE REMUNERATION POLICY POLICY OWNER SECRETARIAL DEPT. VERSION NUMBER DATE OF INTRODUCTION RECOMMENDED BY DESCRIPTION 1 21.01.2015 Nomination and Remuneration Committee Committee Remuneration
More informationb) Ensuring that relationship of remuneration to performance is clear and meets the performance benchmarks.
1. Introduction Grandeur Products Limited ( Company ), believes that an enlightened Board consciously creates a culture of leadership to provide a long-term vision and policy approach to improve the quality
More informationAbbott India Limited
Abbott India Limited Remuneration Policy 1. Purpose: 1.1 Section 178(3) of the Companies Act, 2013 and Clause 49 (IV) B (1) of the Listing Agreement requires every Nomination and Remuneration Committee
More informationCIPLA LIMITED NOMINATION, REMUNERATION AND BOARD DIVERSITY POLICY
PREAMBLE AND TITLE CIPLA LIMITED NOMINATION, REMUNERATION AND BOARD DIVERSITY POLICY This Policy shall be called the Nomination, Remuneration and Board Diversity Policy (the Policy ). The Board of Directors
More informationREMUNERATION POLICY JINDAL SAW LIMITED
REMUNERATION POLICY OF JINDAL SAW LIMITED 1. Objective This Policy reflects the Company s objectives for good corporate governance as well as sustained and long-term value creation for stakeholders. This
More informationNOMINATION AND REMUNERATION POLICY
NOMINATION AND REMUNERATION POLICY Regd. Office: Nanubhai Amin Marg, Industrial Area, P.O. Chemical Industries, Vadodara 390 003 CIN: L36990GJ1943PLC000363 Nomination and Remuneration Policy The Nomination
More informationNOMINATION AND REMUNERATION POLICY
NOMINATION AND REMUNERATION POLICY RIVER FRONT HOTELS LIMITED Regd. Office: Land Mark, Opp. Dutch Garden, Nanpura, Surat-395001, Gujarat. Contact No.: +91-9898000486, Email id.: farooqpoonawala@hotmail.com
More informationNOMINATION AND REMUNERATION POLICY OF SIMON INDIA LIMITED
NOMINATION AND REMUNERATION POLICY OF SIMON INDIA LIMITED (As approved by the Board vide Resolution no.16 passed at its meeting held on May 14, 2015) TABLE OF CONTENTS I Introduction 01 II Objective 01
More informationPERFORMANCE EVALUATION POLICY. (As adopted by the Board of Directors in its meeting held on 30 th May, 2018)
PERFORMANCE EVALUATION POLICY (As adopted by the Board of Directors in its meeting held on 30 th May, 2018) 1. INTRODUCTION In an endeavour to safeguard the interest of the Company and as prescribed under
More informationResponsive Industries Limited
Responsive Industries Limited Nomination & Remuneration Policy Policy Name Nomination & Remuneration Policy Background Reconstitution of Remuneration Committee as Nomination and Remuneration Committee
More informationDIRECTOR S APPOINTMENT & REMUNERATION POLICY
Document Name Director s appointment & remuneration policy Document Number DION/QMS/POL/HRP/43 DIRECTOR S APPOINTMENT & REMUNERATION POLICY Page 1 Document Name Director s appointment & remuneration policy
More informationAbbott India Limited
Abbott India Limited Policy on Nomination and Appointment of Directors/ Criteria for Appointment of Senior Management 1. Purpose: 1.1 In terms of Section 178 of the Companies Act, 2013, rules made thereunder
More informationPERFORMANCE EVALUATION POLICY [PTC India Limited (PTC)]
PERFORMANCE EVALUATION POLICY [PTC India Limited (PTC)] For internal use only Page 1 of 10 The following Performance Evaluation Policy is for the use to the Board of Directors of PTC ( Company ) and is
More informationAUDIT COMMITTEE CHARTER DATED AS OF AUGUST 5, 2010
AUDIT COMMITTEE CHARTER DATED AS OF AUGUST 5, 2010 Committee Membership: The Audit Committee of the Board of Directors (the Board ) of KBS Strategic Opportunity REIT, Inc. (the Company ) shall be comprised
More informationThe Committee will consist of a minimum of three non-executive directors. The majority of members of the Committee should be independent directors.
Domino's Pizza Enterprises Limited Nomination and Remuneration Committee Charter Adopted by the Board on 10 August 2015 (ASX Best Practice Corporate Governance Principles: Recommendation 2.1, 8.1 and 8.2)
More informationDRAFT LETTER OF APPOINTMENT. Re.: Appointment as Independent Director
DRAFT LETTER OF APPOINTMENT Date: To, Independent Director, Mumbai Dear Sir, Re.: Appointment as Independent Director Pursuant to the decision of the Board of Directors in its meeting held on and the approval
More informationRYDER SYSTEM, INC. COMPENSATION COMMITTEE CHARTER
RYDER SYSTEM, INC. COMPENSATION COMMITTEE CHARTER Purposes The purposes of the Compensation Committee of the Board of Directors of Ryder System, Inc. are to (a) assist the Board of Directors in fulfilling
More informationFITBIT, INC. CORPORATE GOVERNANCE GUIDELINES. As adopted on February 17, 2015 and amended on October 26, 2016
FITBIT, INC. CORPORATE GOVERNANCE GUIDELINES As adopted on February 17, 2015 and amended on October 26, 2016 The following Corporate Governance Guidelines have been adopted by the Board of Directors (the
More informationMedley Pharmaceuticals Limited
Model Letter Appointment of Independent Director Mr. ` Dear Mr. Date : SUBJECT: APPOINTMENT AS AN INDEPENDENT DIRECTOR I am pleased to inform you that upon recommendation of Remuneration Committee and
More informationLETTER OF APPOINTMENT
LETTER OF APPOINTMENT To Mr. Dear Sir, We are pleased to inform you that the Board of Directors of the Company in its meeting held on has appointed you as a Non-executive Independent Director of the Company
More informationBoard and Committee Charters. The Gruden Group Limited
Board and Committee Charters The Gruden Group Limited The Gruden Group Limited (Gruden) ABN 56 125 943 240 Approved by the Board on 26 May 2016 Board Charter In carrying out the responsibilities and powers
More informationCorporate Governance Guidelines
Corporate Governance Guidelines MISSION STATEMENT Members of the Board of Directors (the Board ) have a critical role in setting the culture and values of the company by their actions or inactions as to
More informationOrient Abrasives Limited
Orient Abrasives Limited Nomination and Remuneration Policy Preamble ORIENT ABRASIVES LIMITED This Nomination and Remuneration Policy is prepared in compliance of section 178(3) of the Companies Act, 2013
More informationHOUSING DEVELOPMENT FINANCE CORPORATION LIMITED
1. Preamble HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED POLICY ON APPOINTMENT OF DIRECTORS AND MEMBERS OF SENIOR MANAGEMENT This Policy on Appointment of Directors and Members of Senior Management
More informationGUJARAT POLY-AVX ELECTRONICS LIMITED POLICY ON APPOINTMENT & EVALUATION OF BOARD OF DIRECTORS, KMP S AND SENIOR MANAGEMENT PERSONNEL
GUJARAT POLY-AVX ELECTRONICS LIMITED POLICY ON APPOINTMENT & EVALUATION OF BOARD OF DIRECTORS, KMP S AND SENIOR MANAGEMENT PERSONNEL Gujarat Poly-AVX Electronics Limited always ensures and maintain the
More informationHUMAN RESOURCES AND COMPENSATION COMMITTEE CHARTER
HUMAN RESOURCES AND COMPENSATION COMMITTEE CHARTER I. ROLE AND OBJECTIVES The Human Resources and Compensation Committee (the "Compensation Committee") is a committee of the Board of Directors (the "Board")
More informationEMCURE PHARMACEUTICALS LIMITED
EMCURE PHARMACEUTICALS LIMITED REMUNERATION POLICY Emcure Pharmaceuticals Limited ( the Company ) has in place a Nomination and Remuneration Committee consisting of minimum three Non-Executive Directors
More informationCORPORATE GOVERNANCE GUIDELINES
CORPORATE GOVERNANCE GUIDELINES The Board of Jamaica Public Service Company Limited ( JPS ) has adopted the following Corporate Governance Guidelines in furtherance of its corporate responsibility and
More informationRemuneration & Nominations Committee Charter. Pendal Group Limited ABN
Remuneration & Nominations Committee Charter Pendal Group Limited ABN 28 126 385 822 01 Contents 1 Purpose 2 2 Membership and Composition 2 3 Chairman 2 4 Meetings 2 5 Conflicts of Interest 3 6 Independent
More informationDISHMAN CARBOGEN AMCIS LIMITED [Formerly Carbogen Amcis (India) Limited]
DISHMAN CARBOGEN AMCIS LIMITED [Formerly Carbogen Amcis (India) Limited] POLICY ON REMUNERATION OF DIRECTORS, KEY MANAGERIAL PERSONNEL & SENIOR EMPLOYEES AND SUCCESSION POLICY BACKGROUND (hereinafter referred
More informationVICTORY CAPITAL HOLDINGS, INC. CORPORATE GOVERNANCE GUIDELINES
I. General Philosophy VICTORY CAPITAL HOLDINGS, INC. CORPORATE GOVERNANCE GUIDELINES The Board of Directors (the Board ) of (the Company ) sets high standards for the Company s and its subsidiaries employees,
More informationCorporate Governance Guidelines
Amended and Restated as of February 2018 Corporate Governance Guidelines I. Introduction The Board of Directors (the Board ) of The Goldman Sachs Group, Inc. (the Company ), acting on the recommendation
More informationRe: Appointment as Independent Director.
Dear Re: Appointment as Independent Director. On behalf of Bajaj Capital Limited ( Company ), I am pleased to inform you that the members of the Company at
More informationMANDATE FOR THE BOARD OF DIRECTORS
MANDATE FOR THE BOARD OF DIRECTORS 1. PURPOSE a) The members of the Board of Directors have the duty to supervise the management of the business and affairs of the Company. The Board, directly and through
More informationITD CEMENTATION INDIA LIMITED Nomination and Remuneration Policy
Nomination and Remuneration Policy The Remuneration Committee of ITD Cementation India Limited ( the Company ) was constituted in 1994 In order to align with the provisions of the Companies Act, 2013 and
More informationAUDIT COMMITTEE CHARTER
I. ROLE AND OBJECTIVES AUDIT COMMITTEE CHARTER The Audit Committee is a committee of the Board of Directors (the Board ) of Red Eagle Mining Corporation (the Company ) to which the Board has delegated
More informationCORPORATE GOVERNANCE GUIDELINES
CORPORATE GOVERNANCE GUIDELINES (Effective May 18, 2018) I. INTRODUCTION The Board of Directors (the Board ) of CBRE Group, Inc. (the Company ) has adopted these corporate governance guidelines to promote
More informationCOMPREHENSIVE REMUNERATION POLICY OF AXIS BANK LIMITED
COMPREHENSIVE REMUNERATION POLICY OF AXIS BANK LIMITED 1. INTRODUCTION & PHILOSOPHY Axis Bank s (the Bank) remuneration practices are underpinned by principles of meritocracy and fairness. The remuneration
More informationCOMPENSATION AND TALENT DEVELOPMENT COMMITTEE CHARTER
PURPOSE COMPENSATION AND TALENT DEVELOPMENT COMMITTEE CHARTER The purpose of the Compensation and Talent Development Committee (the Committee ) of the Board of Directors (the Board ) of Biotelemetry, Inc.,
More informationPeople and Remuneration Committee Charter
People and Remuneration Committee Charter Revised and approved by the Board on 20 June 2018 1. General 1.1. The OZ Minerals People and Remuneration Committee (the Committee) is established by the Board
More informationCorporate Governance Guidelines
Corporate Governance Guidelines The Board of Directors (the Board ) of (the Corporation ) has adopted these governance guidelines. The guidelines, in conjunction with the Corporation s articles of incorporation,
More informationEscorts Limited. Policy on Appointment of Director s and Members of Senior Management
1. Preamble Escorts Limited Policy on Appointment of Director s and Members of Senior Management (i) This Policy on Appointment of Directors and Members of Senior Management (the "Policy") applies to the
More informationANZ Audit Committee Charter
ANZ Audit Committee Charter Contents 1. Standing Rules for ANZ Board Committees 2. Purpose 3. Powers of the Audit Committee 4. Function of Respective Parties 5. Duties of the Audit Committee 6. Eligibility
More informationQUALITY CARE PROPERTIES, INC. CORPORATE GOVERNANCE GUIDELINES EFFECTIVE: OCTOBER 31, 2016
QUALITY CARE PROPERTIES, INC. CORPORATE GOVERNANCE GUIDELINES EFFECTIVE: OCTOBER 31, 2016 QUALITY CARE PROPERTIES, INC. CORPORATE GOVERNANCE GUIDELINES I. Introduction The Board of Directors (the Board
More informationHUMAN RESOURCES COMMITTEE CHARTER
HUMAN RESOURCES COMMITTEE CHARTER Objective The objective of the Human Resources Committee is to assist the Board in discharging its duty to oversee the establishment of appropriate human resources policies
More informationBill No By-law No. A
Bill No. 371 2012 By-law No. A.-6866-270 A by-law respecting the London Convention Centre Corporation. CONTENTS Section Subject Matter Page 1. Definitions 2 2. Corporation Established 2 3. Convention Centre
More informationOcwen Financial Corporation Corporate Governance Guidelines. Last Amended and Approved February 12, 2018
Ocwen Financial Corporation Corporate Governance Guidelines Last Amended and Approved February 12, 2018 These Corporate Governance Guidelines were first adopted by the Board of Directors (the "Board")
More informationREALOGY HOLDINGS CORP. CHARTER OF THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. As Amended on January 25, 2017
REALOGY HOLDINGS CORP. CHARTER OF THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS As Amended on January 25, 2017 I. Purpose of the Compensation Committee The Compensation Committee, which is a Committee
More informationAURINIA PHARMACEUTICALS INC.
AURINIA PHARMACEUTICALS INC. MANDATE OF THE BOARD OF DIRECTORS (Approved June 21, 2018) A. Introduction AURINIA PHARMACEUTICALS INC. MANDATE OF THE BOARD OF DIRECTORS The primary responsibility of the
More informationDirectors Letter of Appointment. Sub:- Appointment as Woman Independent Director of Motilal Oswal Financial Services Limited.
Directors Letter of Appointment 22 nd August, 2014 Ms. Sharda Agarwal A-2902, Beau Monde, AS Marathe Marg, Prabhadevi, Mumbai- 400 025. Dear Ms. Sharda Agarwal, Sub:- Appointment as Woman Independent Director
More informationULTRA CLEAN HOLDINGS, INC. a Delaware corporation (the Company ) Corporate Governance Guidelines Amended as of November 15, 2017.
ULTRA CLEAN HOLDINGS, INC. a Delaware corporation (the Company ) Corporate Governance Guidelines Amended as of November 15, 2017 1. Composition of the Board and Board Membership Criteria The Nominating
More informationCOMPENSATION, CORPORATE GOVERNANCE AND NOMINATING COMMITTEE CHARTER (Initially adopted by the Board of Directors on March 30, 2011)
COMPENSATION, CORPORATE GOVERNANCE AND NOMINATING COMMITTEE CHARTER (Initially adopted by the Board of Directors on March 30, 2011) GRAN COLOMBIA GOLD CORP. (the Corporation ) Purpose The Compensation,
More informationShenandoah Telecommunications Company. Corporate Governance Guidelines. 1. Composition of the Board and Board Membership Criteria
Shenandoah Telecommunications Company Corporate Governance Guidelines These Corporate Governance Guidelines have been developed and approved by the Nominating and Corporate Governance Committee of the
More information