Details of Familiarization Programmes imparted to Independent Directors
As per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the details of the Familiarization Programmes imparted to Independent Directors for the Financial Year 2018-19 is given as below:
In Dhanuka, Familiarization Programmes for Independent Directors are conducted on regular basis and presentations are made by Mr. Mahendra Kumar Dhanuka, Managing Director of the Company to understand various Group Policies, Emerging Scenario in the Agro Chemical Sectors, Changes in Senior Management, Litigations Cases, Major events, material developments, Financial Trends, Market Scenario, Company’s Strategies and Achievements etc.
Regular Presentations are also made by Mr. V.K. Bansal, Chief Financial Officer of the Company which includes updates on Regulatory, Business Environment, Risk Management, Company’s Policies and other relevant issues. Quarterly Operations Report which includes information on Business Performance, Operations, Market Share, Financial Parameters, Working Capital Management, Fund-Flows, Product Wise and Zones Wise performance, Peer Review etc.
Regular updtaes about New Regulatory Developments and its implications on Company as well as on Directors, Regular Compliance status of various laws are also updated to Board from time to time by Ms. Jyoti Verma, Company Secretary so as to enable Independent Directors about Compliance Management of the Company and any delay or default in the same.
Thus, all efforts were made to ensure that the Directors get well conversant with the state of the Company’s affairs and the Industry, in which it operates.
The details of the Familiarisation Programmes are given below: