STATUTORY REPORTS | Corporate Governance Report 191 9% Non-Executive Director 9% Nominee Director 36% Women Independent Directors 64% Men 9% More than 10 Years Directors Independent Directors Gender Diversity on the Board Gender Diversity in Independent Directors Tenure of Board Members Board Age Profile 45.5% 5-10 Years 27% Non-Executive Directors 67% Women 33% Men 27% 41 - 50 years 45.5% 0 - 5 years 27% 51 - 60 years 46% > 60 years Diversified & Experienced Board The Directors possess the necessary qualifications, experience and expertise to effectively discharge their responsibilities and provide strong leadership to the management. In determining the Board composition, factors such as educational background, professional experience, gender diversity, skills and relevant knowledge are taken into consideration. The composition of your Company’s Board represents an optimum combination of knowledge, experience and skills from diverse fields including manufacturing, finance, economics, law, governance, technology, sales & marketing, etc., which are required by the Board to discharge its responsibilities effectively. The Directors actively engage in the deliberations at the Board and Committee Meetings by providing valuable guidance and expert advice to the Management on various aspects of business, policy direction, strategy, governance, compliance, etc. and play a critical role in strategic decisionmaking and value creation. The Board comprises a majority of Independent Directors, with their number exceeding one‑half of the total Board strength. Mr. Anand G. Mahindra, Chairman of your Company, though a Professional Director in his individual capacity, is the Promoter and Non‑Executive Director. Dr. Anish Shah, Group Chief Executive Officer and Managing Director (‘Group CEO and Managing Director’) and Mr. Rajesh Jejurikar, Executive Director and CEO (Auto and Farm Sector), are the Whole-time Directors of your Company. The Board includes 4 Women Independent Directors, Ms. Shikha Sharma, Ms. Nisaba Godrej, Ms. Padmasree Warrior and Ms. Samina Hamied, reflecting the Company’s commitment to gender diversity.
RkJQdWJsaXNoZXIy NTE5NzY=