Policies & Codes


The roles, rights and responsibilities of the Independent directors are incorporated in the terms and conditions associated with the appointment. Regular updates about major developments in the Industry and in the Company are provided. In addition, presentations are made on the business model of the Company.

  • Criteria for making payments to non-executive directors

The remuneration to non-executive directors is benchmarked with the relevant market, performance oriented, balanced between financial and sectoral market, based on comparative scales, aligned to Corporate Goals, role assumed and number of meetings attended.

Non-Executive Directors are paid remuneration only by way of sitting fees for attending Board / Committee meetings