STATUTORY REPORTS | Corporate Governance Report 225 F. Strategic Investment Committee Committee Composition This Strategic Investment Committee is a Non-mandatory (Voluntary) Committee of your Company and comprises of the following Directors viz. Mr. Anand G. Mahindra (Chairman of the Committee), Ms. Shikha Sharma, Mr. Ranjan Pant, Ms. Padmasree Warrior and Mr. Sat Pal Bhanoo. Apart from the Committee Members, the Committee Meetings are also invariably attended by the other Directors as Invitees. The Company Secretary is the Secretary to the Committee. During the year under review, Mr. T.N. Manoharan ceased to be a Member of the Committee due to his unfortunate and untimely demise on 30th July 2025. Key Terms of Reference This Committee is constituted by the Board with powers, inter-alia, to evaluate, scrutinize and consider all proposals for funding including but not limited to making Investment in, providing Loan to, providing Guarantee for any Subsidiary, Associate, Joint Venture, Trust, Entity, any other company or Body Corporate, business acquisitions where Cumulative exposure in such entity is above the specified threshold and make appropriate recommendations to the Board, operation reviews for such Subsidiary, Associate, Joint Venture, Trust, Entity, any other company or Body Corporate, evaluate, scrutinise and approve disinvestments (total or partial) / exit from such Subsidiary, Associate, Joint Venture, Trust, Entity, any other company or Body Corporate, approve Merger or DeMerger or Arrangement within Group companies as specified, approve entry into new industries (greenfield, acquisition of majority stake or path to majority), etc. Apart from the Meetings, Circular Resolution(s) are also passed by the Members. Subsequently, these Circular Resolution(s) are noted in the Meeting held after the date on which the Circular Resolution(s) are passed by the Members. 40% 5 5 93% Independence Members Meetings Average Attendance Attendance at the Meetings The Committee met five times during the year under review on 2nd May 2025, 30th July 2025, 3rd November 2025, 10th February 2026 and 31st March 2026. The attendance at the Meetings was as under: Name of Directors 2nd May 2025 30th July 2025 3rd November 2025 10th February 2026 31st March 2026 % of Attendance Mr. Anand G. Mahindra (Chairman) 100% Mr. T. N. Manoharan1 100% Ms. Shikha Sharma 100% Mr. Ranjan Pant 100% Ms. Padmasree Warrior 100% Mr. Sat Pal Bhanoo 60% % of attendance at the Meeting 83% 80% 100% 100% 100% Date of Strategic Investment Committee Meetings and Attendance thereof 1 Ceased to be a Member of the Committee w.e.f. 30th July 2025 Attended Leave of Absence Not applicable
RkJQdWJsaXNoZXIy NTE5NzY=