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Investors Relations - Board of Directors
S.No Name Designation
1 Mr. Bal Kishan Aggarwal Chairman Cum Managing Director
2 Mr. Rajpal Aggarwal Whole-time Director
3 Mr. Sahil Aggarwal Whole-time Director
4 Mr. Arpan Aggarwal Whole-time Director
5 Mr. Sanil Aggarwal Whole-time Director
6 Mr. Ankush Aggarwal Non-Executive Director
7 Mr. Anil Aggarwal Non-Executive Director
8 Mr. Vinod Kumar Garg Non-Executive Director
9 Mr. Pawas Aggarwal Non-Executive Director
10 Mrs. Saroj Garg Non-Executive Director

 

COMMITTEES OF THE BOARD OF DIRECTORS

Audit Committee

(a) Terms of Reference

The Audit Committee has been constituted pursuant to the provisions of Section 292A of the Companies Act and Clause 49 of the Listing Agreement. The Audit Committee reviews the financial accounting policies, adequacy of internal control systems and interacts with the statutory auditors. Besides, the Committee reviews the observations of the management and internal/ external auditors, interim and annual financial results, Management discussion and analysis of financial condition and results of operations, and related party transactions'. The other roles of Audit Committee, inter-alia includes the following:

  • Review of Quarterly/Half Yearly Unaudited Results.
  • Review of quarterly Internal Audit Report and Internal Control System.
  • Review of adequacy of Internal audit function and discuss any significant finding with them, assessing and evaluating the risk and taking measures for mitigating the same.
  • Review with Internal Auditors on significant findings and follow up thereon.
  • Recommending the appointment/re-appointment of Auditors, fixation of Audit Fees and approval of payment of fees for any other services rendered by them.
  • Review and monitor the auditor’s independence and performance, and effectiveness of audit process.
  • Review of Audited Annual Financial Statements.
  • Examination of the financial statement and the auditors’ report thereon.
  • Approval or any subsequent modification of transactions of the company with related parties.
  • Scrutiny of inter-corporate loans and investments;
  • Valuation of undertakings or assets of the company, wherever it is necessary;
  • Reviewing the findings of any internal investigations by the internal auditors and the executive.
  • Evaluation of internal financial controls and risk management systems;
  • Monitoring the end use of funds raised through public offers and related matters.
  • Management’s response on matters where is suspected fraud or irregularity or failure of internal control systems of a material nature and reporting the matter to the Board.
  • Reviewing the Company’s financial and risk management policies.
  • Considering such other matters as may be required by the Board.
  • Reviewing any other areas which may be specified as role of the Audit Committee under the Listing Agreement, Companies Act and other statutes, as amended from time to

(b) Composition

The Audit Committee comprises of the following Directors

  • Mr. Anil Aggarwal – Chairman (Non Executive Independent)
  • Mr. Ankush Aggarwal – Member (Non Executive Independent)
  • Mr. Rajpal Aggarwal – Member (Promoter & Executive)

 

Stakeholders Relationship Committee

(a) Terms of Reference

In compliance with the requirements of the Corporate Governance under the Listing Agreement with the Stock Exchange anf the provisions of section 178 of the Companies Act, 2013, the Company has constituted an “Stakeholders Relationship Committee” to specifically look into shareholder issues including share transfer, transmission, re-materialization, issue of duplicate share certificates and redressing of shareholder complaints like non receipt of balance sheet, other related activities in physical mode besides taking note of beneficial owner position under demat mode, declared dividend etc.

(b) Composition

The Stakeholder Relationship comprises of the following Directors

  • Mr. Anil Aggarwal – Chairman (Non Executive Independent)
  • Mr. Ankush Aggarwal – Member (Non Executive Independent)
  • Mr. Rajpal Aggarwal – Member (Promoter & Executive)

Nomination and Remuneration Committee

(a) Terms of Reference

The Nomination and Remuneration Committee has been constituted pursuant to the provisions of Section 178 of the Companies Act, 2013 and Clause 49 of the Listing Agreement. The Nomination and Remuneration Committee shall identify persons who are qualified to become directors and who may be appointed in senior management in accordance with the criteria laid down, recommend to the Board their appointment and removal and shall carry out evaluation of every director’s performance.
The Nomination and Remuneration Committee shall formulate the criteria for determining qualifications, positive attributes and independence of a director and recommend to the Board a policy, relating to the remuneration for the directors, key managerial personnel and other employees.

(b) Composition                    

The Nomination and remuneration comprises of the following Directors

  • Mr. Anil Aggarwal – Chairman (Non Executive Independent)
  • Mr. Ankush Aggarwal – Member (Non Executive Independent)
  • Mr. Pawas Aggarwal – Member (Non Executive Independent)

 

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