MAHINDRA & MAHINDRA LTD. | Integrated Annual Report 2022-23

156 MAHINDRA & MAHINDRA LTD. Integrated Annual Report 2022-23 Mr. Vijay Kumar Sharma is a Chairman/ Member of the following Board Committees: Sr. No. Name of the Company Name of the Committee(s) Position Held 1. Mahindra & Mahindra Limited Strategic Investment Committee Member 2. Tata Steel Limited Stakeholders Relationship Committee Chairman Nomination & Remuneration Committee Member Safety Health and Environment Committee Member 3. Reliance Power Limited Nomination & Remuneration Committee Chairman Stakeholders Relationship Committee Chairman Audit Committee Member CSR Committee Member Risk Management Committee Member 4. Vidarbha Industries Power Limited Audit Committee Chairman CSR Committee Chairman Nomination & Remuneration Committee Member Mr. Vijay Kumar Sharma does not hold any Ordinary (Equity) Shares in the Company. Mr. Vijay Kumar Sharma has resigned as a Director of ACC Limited on 20 th July, 2020 and is not inter-se related to any other Director of the Company. G. Codes of Conduct The Board of your Company has laid down two separate Codes of Conduct (“Codes”), one for all the Board Members and the other for Employees of the Company. These Codes have been posted on the website of your Company and can be accessed in the Governance section at the Web-link https:/www.mahindra.com/investor-relations/policies-and-documents. All the Board Members and Senior Management Personnel have affirmed compliance with these Codes. A declaration signed by the Managing Director and Chief Executive Officer to this effect is enclosed at the end of this Report. The Code of Conduct for the Board Members of the Company also includes Code for Independent Directors which is a guide to professional conduct for Independent Directors, pursuant to section 149(8) and Schedule IV of the Act. H. CEO/CFO Certification The Managing Director & Chief Executive Officer and Group Chief Financial Officer of the Company have jointly provided an annual certification on financial reporting and internal controls to the Board in terms of Regulation 17(8) of the Listing Regulations and quarterly certification on financial results while placing the financial results before the Board in terms of Regulation 33(2) of the Listing Regulations. I. InductionandFamiliarisationProgramme for Independent Directors A newly appointed Independent Director is provided with an appointment letter along with their roles, duties & responsibilities and copies of the Code for Independent Directors and Company’s Code of Conduct for Directors, etc. as may be applicable to them. Each newly appointed Independent Director is taken through an induction and familiarisation program including the presentation and interactive session with the Managing Director and CEO, Executive Director, other Functional Heads on the Company’s manufacturing, marketing and other important aspects. The Company Secretary briefs the Director about their legal & regulatory responsibilities as a Director. The program also includes visit to the plant to familiarise them with all facets of manufacturing. Pursuant to Regulation 25(7) of the Listing Regulations, the Company imparted various familiarisation programmes for its Directors including periodic review of Investments of the Company at Strategic Investment Committee Meetings, Regulatory updates, Industry Outlook, Business Strategy at the Board Meetings and changes with respect to the Companies Act, Taxation and other matters, Listing