STATUTORY REPORTS | Corporate Governance Report 213 During the year under review, all recommendations of the Committees of the Board which were mandatorily required have been accepted by the Board ensuring that every crucial aspect brought forth by the respective Committees is meticulously considered, reinforcing the governance practices of the Company. Your Company has 6 Board constituted Committees which comprise of 5 Statutory Committees and 1 Non-mandatory (Voluntary) Committee. The composition of the Statutory Committees is in line with the applicable provisions of the Act and SEBI LODR Regulations. The Details of these Committees as on 31st March 2026 are as set out hereunder: Board Committees as on 31st March 2026: Chairperson Members * Voluntary Committee Board Committees Stakeholders Relationship Committee Mr. Muthiah Murugappan Mr. Anand G. Mahindra Ms. Nisaba Godrej Ms. Shikha Sharma Mr. Ranjan Pant Ms. Samina Hamied Mr. M. P. Vijay Kumar Dr. Anish Shah Mr. Rajesh Jejurikar Risk Management Committee Mr. Anand G. Mahindra Ms. Shikha Sharma Mr. Ranjan Pant Ms. Padmasree Warrior Mr. Sat Pal Bhanoo Strategic Investment Committee* Mr. Muthiah Murugappan Mr. Anand G. Mahindra Dr. Anish Shah Ms. Padmasree Warrior Corporate Social Responsibility Committee Mr. M. P. Vijay Kumar Ms. Shikha Sharma Mr. Muthiah Murugappan Audit Committee Ms. Shikha Sharma Ms. Nisaba Godrej Mr. Muthiah Murugappan Ms. Samina Hamied Governance, Nomination and Remuneration Committee A. Audit Committee Committee Composition This Committee comprises of the following Directors viz. Mr. M.P. Vijay Kumar (Chairman of the Committee), Ms. Shikha Sharma and Mr. Muthiah Murugappan. All the Members of the Committee are Independent Directors and possess strong accounting and financial management knowledge. The Company Secretary is the Secretary to the Committee. During the year under review, the Board at its Meeting held on 6th October 2025, re-constituted the Committee owing to the unfortunate and untimely demise of Mr. T. N. Manoharan, the erstwhile Chairman of the Committee, on 30th July 2025 and inducted Mr. M.P. Vijay Kumar as the Chairman of the Committee with effect from 7th October 2025. Further, the Meetings of the Audit Committee are also attended by the Chairman, the Group CEO and Managing Director, Executive Director and CEO (Auto and Farm Sector), Group Chief Financial Officer, the Statutory Auditors, the Group Chief Internal Auditor, the Chief Financial Officer of Auto and Farm Sector and the Controller of Accounts. Key Terms of Reference The terms of reference of this Committee are very wide and are in line with the regulatory requirements as mandated by the Act and Part C of Schedule II of the SEBI LODR Regulations. Besides having access to all the required information within the Company, the Committee can obtain external professional advice whenever required. The Committee acts as a link between the Statutory and the Internal Auditors and the Board of Directors of the Company. It is
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