MAHINDRA & MAHINDRA LTD. Board’s Report 91 Pollution Control Board) through new EPR notifications on Plastic, Tyres, and Batteries. Efforts were made to eliminate plastic by substituting compostable plastic and recyclable packaging materials. Your Company implemented various water neutrality initiatives, achieving recycling by processing water through RO systems and improving water balance. These measures resulted in marked improvements in groundwater levels. Your Company continued its commitment to improving the wellbeing of employees and contract Associates through monthly Health themes. Various drives were conducted to enhance employees’ skills and knowledge, with awareness sessions and webinars on topics such as general health, ergonomics, food pyramids, healthy recipes, visual education on good / bad food choices, and Tea Table Talks to reach maximum employees on the shop floor during teatime. Programs like the Mahindra Master Chef Competition and Surprise Basket LIVE Cooking Competitions further improved awareness. Renowned faculties conducted programs for Mahindra family members, such as Mass Blood Pressure Screening Camps, Fibro Scans of Liver, BCA Analysis Camps, Tea Table Talks demonstrating stretching and relaxation exercises for mental well-being, World Heart Day celebrations followed by Health Talks by Cardiologists, World Mental Health Day Street Plays, Diabetic Retinopathy and Peripheral Neuropathy Camps, Benign Prostatic Hypertrophy and Prostate Cancer Camps, individual Physiotherapist Consultations, and International Yoga Day Celebrations. The Company also initiated the Mahindra Cricket League for Men (Season III) and Women (Season II) to encourage physical fitness at the workplace. First aid refresher training programs were organized for employees and associates and videos were created to improve dexterity and posture for shop floor employees. During the year, World Health Day was celebrated by arranging a Body Composition Analysis Camp, Nutritionist Consultations, Cardiology, Gastroenterology, and Neurology Clinics for all employees. The Company aims to increase awareness of environmental protection among all stakeholders by celebrating World Ozone Day, World Environment Day, World Earth Day, World Water Day, Energy Conservation Week, and Water Conservation Week annually. Certifications/Recertifications All Plants of your Company underwent Surveillance Audits and were certified for ISO 45001:2018 and ISO 14001:2015 standards. Furthermore, all Plants implemented Integrated Management Systems (IMS). Your Company was re-certified for Zero Waste to Landfill with a 99% and above conversion rate, demonstrating a commitment to maximizing waste recycling and protecting the environment. Senior Management revises and reviews SOH&E performance periodically. The focus on new initiatives involving all stakeholders, coupled with management reviews, has helped your Company demonstrate further steps towards excellence in SOH&E performance. K. BOARD & COMMITTEES Directors As mentioned in the previous Annual Report, and during the year, Dr. Vishakha N. Desai (DIN: 05292671) ceased to be an Independent Director of the Company with effect from 1st May, 2024, upon completion of her second term as an Independent Director of the Company. Further, Mr. Vikram Singh Mehta (DIN: 00041197) ceased to be an Independent Director of the Company with effect from 8th August, 2024 upon completion of his second term of five consecutive years from 8th August, 2019 to 7th August, 2024 as approved by the Shareholders at the Seventy-Third Annual General Meeting of the Company held on 7th August, 2019. Mr. Haigreve Khaitan (DIN: 00005290) also ceased to be an Independent Director of the Company with effect from 8th August, 2024 upon completion of his first term of five consecutive years from 8th August, 2019 to 7th August, 2024 as approved by the Shareholders at the Seventy‑Third Annual General Meeting of the Company held on 7th August, 2019. The Board has placed on record its deep appreciation of the invaluable services rendered by Dr. Vishaka N. Desai, Mr. Vikram Singh Mehta and Mr. Haigreve Khaitan during their tenure as Independent and Non-Executive Directors of the Company. Appointment of Non-Executive Directors As mentioned in the previous year’s Annual Report, at the Seventy Eighth Annual General Meeting held on 31st July, 2024, the Shareholders of the Company, basis the recommendation of the Board of Directors, approved the following: ● Appointment of Ms. Padmasree Warrior (DIN: 10387032) as an Independent Director of the Company for a term of 5 (five) consecutive years commencing from 17th May, 2024 to 16th May, 2029 (both days inclusive);
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