MAHINDRA & MAHINDRA LTD. Integrated Annual Report 2023-24 198 Name of Directors Skills Business Experience Global business/ broad international exposure/emerging markets experience Financial Experience and Risk Oversight Technology and Innovation Governance and Regulatory oversight Sales and Marketing Exposure Mr. Vijay Kumar Sharma (upto 19th December, 2023) √ — √ — √ √ Mr. Haigreve Khaitan √ √ √ √ √ — Ms. Shikha Sharma √ √ √ √ √ √ Mr. CP Gurnani (upto 19th December, 2023) √ √ √ √ √ √ Ms. Nisaba Godrej √ √ √ √ √ √ Mr. Muthiah Murugappan √ √ √ √ √ √ Ms. Padmasree Warrior* √ √ √ √ √ √ Mr. Ranjan Pant* √ √ √ √ √ √ Mr. Sat Pal Bhanoo* √ — — — — √ * Appointed with effect from 17th May, 2024. (ii) Ensure Board effectiveness to maintain high-quality governance of the Company and the effective functioning of the Board; (iii) Convene exclusive Meeting(s) of Independent Directors, set agenda, preside over the meetings of the Independent Directors and provide feedback to the Chairperson / Board of Directors after such Meetings; (iv) Preside over Meetings of the Board at which the Chairperson is not present; (v) Identify critical issues for the Board to deal with and assist the Board in achieving consensus on important issues; (vi) Communicate to the Chairman and Management, as appropriate, any decisions reached, suggestions, views or concerns expressed by Independent Directors at their Meetings or outside of the Board Meetings; (vii) Play the role of a facilitator outside the Boardroom, especially, on contentious issues; (viii) Provide candid feedback to MD & CEO and CFO post Meeting of Independent Directors; and (ix) Take the lead role, along with Chairman in assessing the performance evaluation of the Board and that of Individual Director. N. Resignation of Independent Director(s) During the year under review, none of the Independent Directors of the Company had resigned before the expiry of their respective tenure(s). Subsequent to the year end, Dr. Vishakha N. Desai ceased to be an Independent Director of your Company with effect from 1st May, 2024 consequent to completion of second term as an Independent Director upon she attaining the age of 75 years. Mr. Vikram Singh Mehta would cease to be an Independent Director of the Company with effect from 7th August, 2024, upon completion of his second term. O. Lead Independent Director Mr. Vikram Singh Mehta, Independent Director and Chairman of Governance, Nomination and Remuneration Committee has been appointed as the Lead Independent Director with effect from 1st April, 2021. As a Lead Independent Director, Mr. Mehta has been entrusted, inter alia, with the following roles and responsibilities: (i) Provide leadership to the Independent Directors and liaise between the Chairperson of the Board and Independent Directors without inhibiting direct communication between them;
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