Familiarization of Independent Directors

‘Familiarisation Programme For Independent Directors [Vide Clause 49 of the Listing Agreement]

(Approved by the Board of Directors of the Company at its Meeting held on 10 th November, 2014)

The Board of Directors of the Company (‘the Board’) would arrange for dissemination of the required information from time to time by way of programmes through Board Meetings or otherwise to new and existing Independent Directors to familiarise them with their roles , rights, responsibilities in the Company, nature of the industry in which the Company operates, business model of the Company and other relevant factors which will help them form and express their considered independent opinion in every discussion and decision to be undertaken by the Board’.