The Board has formed a Remuneration Committee keeping in view of guidelines framed in Listing Agreement and Section 178 of the Companies Act, 2013.
The brief description of the terms of reference to the Remuneration Committee is as follows:
||To review and recommend the compensation payable to the Executive Directors
||To Determine the Company’s policy on remuneration packages for Executive Director including pension payable.
||Determine the terms and conditions of remuneration packages including revision and decide on matters relating thereto.
||To approve the remuneration payable to the Executive Director.
||Determine the commission, minimum remuneration payable to the Executive Director in event of inadequacy of profit.
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