COMMITTEES OF THE BOARD

RSD Finance Limited has the following Board-level Committees: 

(i) Audit Committee; 

(ii) Nomination & Remuneration Committee; 

(iii) Stakeholders’ Relationship Committee; 

(iv) Risk Committee;

(v) Corporate Social Responsibility Committee

All decisions pertaining to the constitution of the committees, appointment of members in different committees and fixing of terms of reference for the committees was taken by the Board of Directors.These Committees help to delegate particular matters that require greater and more focused attention. They also prepare the groundwork for decision making and recommend their views to the Board. 

The present composition of the Committees of the Board are as follows:

AUDIT COMMITTEE:

• Mr. Malkeet Singh Saini - Chairman      
• Mr. Rajeev Singh Dugal - Member
• Mr. Pradeep Kumar Khosla - Member

Mr. Malkeet Singh Saini and Mr. Pradeep Kumar Khosla are Non- executive and Independent Directors. All the members of the Committee have accounting or financial management related expertise and the Company Secretary is the Secretary to the Audit Committee. 

The Audit Committee works in accordance with the Broad terms of reference specified by the Board of Directors in adherence to Section 177 of the Companies Act,  2013 and the scope of activities of the Audit committee includes the areas laid out in Section 177 of the Act and Part C of Schedule II of SEBI Regulations, 2015

NOMINATION AND REMUNERATION COMMITTEE:

• Mr. Pradeep Kumar Khosla - Chairman
• Mr.  Malkeet Singh Saini- Member
• Mrs. Kawaljeet Kaur Dugal - Member

All the members of the Committee are Non- Executive Directors.

The role of NRC includes the areas laid out in Section 178 of the Act and Part D of Schedule II of the SEBI Regulations, 2015.

STAKEHOLDERS RELATIONSHIP COMMITTEE:

• Mr. Malkeet Singh Saini - Chairman
• Mr.  Pradeep Kumar Khosla - Member
• Mr. Rajeev Singh Dugal - Member

The Chairman of the Committee is a Non- Executive, Independent Director.

The role of SRC includes the areas laid out in Section 178 of the Act and Part D of Schedule II of the SEBI Regulations, 2015.

RISK MANAGMENT COMMITTEE:

• Mr. Rajeev Singh Dugal   - Chairman
• Mr. Pradeep Kumar Khosla - Member
• Mr.  Malkeet Singh Saini - Member

CORPORATE SOCIAL RESOPNSIBILITY COMMITTEE:

• Mr. Rajeev Singh Dugal - Chairman
• Ms. Upneet Dugal - Member
• Mr. Malkeet Singh Saini - Member
• Mrs. Kawaljeet Kaur Dugal- Member

The Committee's constitution and terms of reference are in compliance with the provisions of Section 135 of the Companies Act, 2013 and the rules issued thereunder.