Download the Annual Report 2012-13. - kiocl limited

The composition of the Empowered Board Sub Committee as on 31.3.2013 and theattendance of the members at the meeting are as under:Name of DirectorS/ShriMeeting held during respectivetenureNo. of meeting attendedMalay Chatterjee 1 2 2K. Ranganath 1 4 4Maj. Gen. (Retd.) Dr. O P Soni 6 5K. Subba Rao 2 2 2Laxminarayana 6 5NR Mohanty 4 4B. Ramesh Kumar 4 4Dr. Chiranjib Sen 4 4V. K. Agarwal 2 2 21. Shri Malay Chatterjee became member of the EBSC w.e.f. 01.07.2012 & Shri K. Ranganath ceased to be themember of the Committee w.e.f. 30.06.2012.2. Shri K. Subba Rao & Shri V.K. Agarwal became member of the EBSC w.e.f. 27.09.20122.4. SHARE TRANSFER & INVESTOR GRIEVANCE COMMITTEEA Share Transfer Committee consisting of Senior Manager (F&A) and Company Secretary is functioning to look intoall the transfers, transmissions, splitting and Issue of Duplicate Share Certificates & grievance matters etc. The actiontaken by the Committee is subsequently placed before the Board for ratification. There was no grievance from any of theshareholder during the year.Securities and Exchange Board of India (SEBI) has introduced online compliant redressal system namely SEBI ComplaintRedressal System (SCORES). During the year, no complaint was received through SCORES. As on 31.03.2013 nocomplaint is pending in SCORES.3. REMUNERATION TO DIRECTORS AND POLICYBeing a Central Government Public Sector Enterprise, the appointment, tenure and remuneration of Directors are decidedby the Government of India. The Government letter appointing the Chairman & Managing Director and other FunctionalDirectors indicate the detailed terms & conditions of their appointment, including the period of appointment, basic pay,scale of pay, dearness allowance, entitlement to accommodation etc., and it also indicates that in respect of other terms& conditions not covered in the letter, the relevant rules of the Company shall apply.37th Annual Report 2012 - 1347 KIOCL