Arohan Annual Report FY 20-21

COMPOSITION AND CATEGORY OF THE BOARD The Company has a broad-based Board of Directors, constituted in compliance with the Section 45-IA of the RBI Act, 1934 and Companies Act, 2013, and in accordance with good corporate governance practices. The Company recognizes and embraces the importance of a diverse Board and strongly believes that an active, well- informed, independent and diverse Board will leverage differences in thought, perspective, knowledge, skill, industry experience and age, which will help us retain and maximize our competitive advantage. The Board of Directors (‘the Board’) is at the very root of companies corporate governance practice and oversees and ensures that the Management serves and protects the long-term interest of all our stakeholders. The Board functions either as a full Board or through various committees constituted to over- see specific operational areas. As on March 31, 2021, the Company’s Board comprised of twelve (12) Directors including, four (4) Non-Executive Independent Directors (out of which includes one (1) Women Independent Director), One (1) Executive Director and Seven (7) Non-Executive Nominee Directors. During the year under review, the Board met 13 (Thirteen) times on May 21, 2020, June 26, 2020, August 3, 2020, August 12, 2020, November 11, 2020, December 07, 2020, January 15, 2021, February 4, 2021, February 10, 2021, February 12, 2021, February 13, 2021, February 25, 2021 and March 04, 2021. The interval between the two meetings was well within the maximum period mentioned under Section 173 of the Companies Act, 2013. The names of the members of the Board, their status, their attendance at the Board Meetings and the last Annual General Meeting (“AGM”), number of other Directorships and Committee membership(s)/ chairmanship(s) of each Director are as under: Sl. No Name of the Director Category of Directors No. of meetings held in FY 20-21 No. of meetings attended (including through electronic mode in FY (20-21) Whether attended last AGM No. of other Directors- ship held in other public companies No. of other Board Comm-ittee Member- ships No. of Chairman- ship in other Board Details of directoship held in Listed Entity (including debt listed) Category of Director- ship 1. Mr. Manoj Kumar Nambiar Managing Director 13 13 Yes 0 7 Nil Nil Nil 2. Mr. Anurag Agrawal Nominee Director 13 11 No 1 10 Nil Nil Nil 3. Mr. Vineet Chandra Rai Nominee Director 13 11 No 1 8 Nil Nil Nil 4. Mr. Dinesh Kumar Mittal Independent Director 13 12 Yes 8 7 Nil 1. Max Ventures And Industries Limited 2. Max Financial Services Limited 3. Trident Limited 4. Balrampur Chini Mills Ltd 5. Bharti Airtel Limited Director BOARD OF DIRECTORS Board of Director’s Report 103