The Nomination and Remuneration Committee (NRC) plays a pivotal role in the composition of the Board and of the leadership of a company. It also plays an essential role in influencing the culture of a company. It ensures that the right persons occupy the right positions, and that their performance and pay are aligned with....
Once limited to handling only investor grievances, the Stakeholders Relationship Committee’s (SRC’s) role is now expanding to consider the interests of all stakeholders. As with any committee, for it to be effective, the composition, the number of meetings, and a proper mandate are important. Excellence Enablers recently published its 6th Annual Corporate Governance Survey, focussing....
Risk Management Committee (RMC) is a committee created under SEBI LODR Regulations (LODR). It was not conceived as a Board level committee under the Companies Act, 2013. Further, the applicability of RMC, while expanding, does not extend to all the listed companies in India. As risks evolve faster than ever, RMCs are becoming increasingly important.....