Board to appoint Stakeholders’ Relationship Committee

Compliances   –  Under Sections Section  178(5) & (6)

  • The board of a company which consists of more than one thousand shareholders, debenture-holders, deposit-holders and any other security holders at any time during a financial year to constitute a Stakeholders’ Relationship Committee consisting of a chairperson who shall be a non-executive director and other members as decided by the board.
  • The Stakeholders Relationship Committee shall consider and resolve the grievances of security holders of the company.