101 | Annual Report | 2024-2025 (**) Owing to the completion of second and final term Mr. Sumantra Banerjee ceased to be a Chairperson of the committee and thereafter Mr. John Arunkumar Diaz was appointed Chairperson of the committee w.e.f April 29, 2024. (***)Mr. Arvind Murarka ceased to be a Member and Mr. Amit Sugandhi was appointed as a member of the Committee w.e.f February 12, 2025. 7. Stakeholders Relationship Committee The Stakeholders Relationship Committee of the Board is responsible for redressal of grievances of customers, investors, shareholders, securities holders, including complaints related to the transfer of shares, non-receipt of annual report and non-receipt of declared dividends and performing matters related to the Environmental, Social, & Governance and such other functions as may be delegated by the Board and/or prescribed under the SEBI LODR,2015 and the Act, or other applicable law, is placed before the Committee for their perusal and also to discuss any other matter which the Committee thinks fit. No such shareholders’ complaints were received during the year. As on March 31, 2025 the Committee comprised of One (1) Non-Executive Independent Director, Managing Director and One (1) Promoter Nominee Director. The other directors are invited to attend the Stakeholders Relationship Committee meetings as and when required. The Company Secretary acts as the Secretary to the Committee. No investor grievances were reported by the security holders against the Company as on March 31, 2025. The Committee met once (1) during the year on February 11, 2025. Sl. No. Name of the Director Member of Committee since Capacity (i.e., Executive/ NonExecutive/ Chairman/ Promoter nominee/ Independent) Number of Meetings of the Committee Number of shares held in the NBFC Held Attended 1 Mr. Anurag Agrawal April 27, 2018 Promoter Nominee Director 1 1 Nil 2 Mr. Manoj Kumar N Nambiar April 27, 2018 Executive - Managing Director 1 1 Nil 3 Mr. John Arunkumar Diaz(*) January 15, 2024 Non-Executive- Independent Director 1 1 57,345 (*) Mr. John Arunkumar Diaz was appointed as a Chairperson of the Committee w.e.f January 15, 2024. 8. Asset-Liability Management Committee (ALCO) The ALCO is responsible for ensuring adherence to the risk tolerance/limits set by the Board as well as implementing the liquidity risk management strategy of the Company. The role of the ALCO with respect to liquidity risk includes, inter alia, decision on desired maturity profile and mix of incremental assets and liabilities, sale of assets as a source of funding, the structure, responsibilities and controls for managing liquidity risk, and overseeing the liquidity positions of all branches. As on March 31, 2025, the Committee is comprised of Managing Director, Chief Financial Officer, Chief Business Officer, Chief Risk Officer and Head- Credit & Process Control. The Committee met every month during the year under review on April 17, 2024, May 13, 2024, June 21, 2024, July 15, 2024, August 22, 2024, September 17, 2024, October 16, 2024, November 21, 2024, December 13, 2024, January 13, 2025, February 20, 2025 and March 12, 2025.
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