Committee

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Name of the Committee
CONSTITUTION REQUIREMENT
Composition of the Committee
1 Audit Committee of the Board (ACB) Required as per Companies Act, 2013
  • Mr. G. S. Sundararajan, Independent Director (Chairperson)
  • Mr. Atul, Independent Director
  • Mr. Aditya Deepak Parekh, Nominee Director
2 Corporate Social Responsibility Committee (CSRC) Required as per Companies Act, 2013
  • Mr. G. S. Sundararajan, Independent Director (Chairperson)
  • Mr. Aditya Deepak Parekh, Nominee Director
  • Mr. Atul, Independent Director
3 Nomination & Remuneration Committee (NRC) Required as per Companies Act, 2013
  • Mr. Atul, Independent Director (Chairperson)
  • Mr. G. S. Sundararajan, Independent Director
  • Mr. Aditya Deepak Parekh, Nominee Director
4 Share Allotment Committee (SAC) Required as per Companies Act, 2013
  • Mr. Atul, Independent Director
  • Mr. Aditya Deepak Parekh, Nominee Director
  • Mr. Suman Saurabh, Managing Director & CEO
5 Group Risk Management Committee (GRMC) Required as per RBI Directions
  • Mr. G. S. Sundararajan, Independent Director (Chairperson)
  • Mr. Atul, Independent Director
  • Mr. Aditya Deepak Parekh, Nominee Director
  • Mr. Suman Saurabh, Managing Director & CEO
6 Promoter Dilution Monitoring Committee (PDMC) Constituted in terms of Equity Dilution at the
Banking Subsidiary (‘USFBL’)
  • Mr. G. S. Sundararajan, Independent Director (Chairperson)
  • Mr. Aditya Deepak Parekh, Nominee Director
  • Mr. Suman Saurabh, Managing Director & CEO