Svaraj Trading & Agencies Ltd. · BSE:ZSVARAJT
Svaraj Trading & Agencies — Investor Presentation (2022)
11 slides from Svaraj Trading & Agencies's investor presentation, 2022
Slide 1: Key amendments related to Independent Directors
Key amendments related to Independent Directors • Securities and Exchange Board of India (SEBI) has amended various provisions of SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations related to Independent Directors that come into effect from January 1, 2022. • Synopsis of key ame
Slide 2: Audit Committee Composition
Audit Committee Composition Existing Regulation Amended Regulation Two third members of Minimum Two third the Audit Committee shall members of the Audit be Independent Directors. Committee shall be Independent Directors. Purpose : To increase the participation of Independent Directors, the change ha
Slide 3: Nomination and Remuneration Committee
Nomination and Remuneration Committee Existing Regulation Amended Regulation 50% percent of the NRC At least two thirds of shall be Independent NRC members shall be Directors. Independent Directors. Purpose : To increase the participation ofIndependent Directors, the change has been effected. 4
Slide 4: Approval of Related Party Transactions
Approval of Related Party Transactions Existing Regulation Amended Regulation RPT Transactions were to RPT Transactions will be approved by Audit now be approved by Committee as a whole. Independent Directors only. Purpose : To give complete independence at the time of decision making on RPT. Analys
Slide 5: Appointment, Re-appointment and Removal of Independent Directors
Appointment, Re-appointment and Removal of Independent Directors Existing Regulation Amended Regulation In the current scenario, Appointment, re- appointment of appointment and removal Independent Director is of Independent Director through Ordinary has to be done by way of Resolution while re- Spec
Slide 6: Casual Vacancy in office of Independent Director
Casual Vacancy in office of Independent Director Existing Regulation Amended Regulation Till now casual vacancy in Casual vacancy in the the office of Independent office of Independent Director was to be filled Director has to be filled up at immediate next up within a period of board meeting or thr
Slide 7: Directors and Officers Liability Insurance
Directors and Officers Liability Insurance Existing Regulation Amended Regulation Till now Directors and Top 1000 companies as Officers Liability per market capitalization Insurance had to be taken as on March 31, 2021 by top 500 companies. shall have to take up Directors and Officers Liability Insu
Slide 8: Condition for re-appointment of Independent Director as Executive/ whole time Director
Condition for re-appointment of Independent Director as Executive/ whole time Director Existing Regulation Amended Regulation No such provisions till now. If an Independent Directors has resigned from a listed entity he shall not be appointed as Executive / whole time director on the board of the li
Slide 9: Intimation of Resignation of Independent Director
Intimation of Resignation of Independent Director Existing Regulation Amended Regulation There was no such Resignation letter of requirement for disclosure of Independent Director with resignation letter till now but reasons shall be submitted to many companies were doing it stock exchange. Also the
Slide 10: Details of companies from where Independent Director has resigned in last three years
Details of companies from where Independent Director has resigned in last three years Existing Regulation Amended Regulation Till now no such In case of the provision appointment of a new director or re- appointment of a director the shareholders must be provided with details of listed companies fro
Slide 11: Disclosure regarding Skills and capabilities of ID
Disclosure regarding Skills and capabilities of ID Existing Regulation Amended Regulation Till now no such provision. At the time of appointment of Independent Director the skills and capabilities required for the role for which appointment is proposed and the manner in which the proposed appointee
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