Arohan Financial Services Limited | Annual Report 2022-23

| 96 Annual Report | 2022-2023 As on March 31, 2023 the Committee comprised of Managing Director, one (1) Nominee Director and two (2) Promoter Directors. The Chief Financial Officer is the permanent invitee to the meetings of the Committee. The other directors are invited to attend the Share Transfer and Securities Allotment Committee meetings as when required. The Company Secretary acts as the secretary to the Committee. The Committee met five (5) times during the year on April 11, 2022, June 29, 2022, August 12, 2022, November 30, 2022 and February 21, 2023. Attendance of Directors: Name of the Member Position No. of Meetings Held No. of Meetings Attended Mr. Manoj Kumar Narayan Nambiar Managing Director 5 4 Mr. Anurag Agrawal Promoter Nominee Director 5 5 Mr. Vineet Chandra Rai Promoter Nominee Director 5 4 Mr. Piyush Goenka Nominee Director 5 5 6. IT Strategy Committee NBFCs are required to form an IT Strategy Committee. The Chairman of the Committee shall be an Independent Director and CFO should be a part of the Committee. The IT Strategy Committee should meet at an appropriate frequency but not more than six months should elapse between two meetings. The Committee shall work in partnership with other Board committees and Senior Management to provide input to them. It will also carry out review and amend the IT strategies in line with the corporate strategies, Board Policy reviews, cyber security arrangements and any other matter related to IT Governance. Composition: • Mr. Sumantra Banerjee, Chairman • Mr. Piyush Goenka, Member • Mr. Manoj Kumar Narayan Nambiar, Member • Mr. Arvind Murarka, Member • Mr. Rajat Mohan Nag, Member The Board reconstituted the Committee vide Circular Resolution passed with majority on November 10, 2022 and thereby Mr. Rajat Mohan Nag was appointed as a member of the Committee. The Committee comprised of two (2) Independent directors, one (1) Nominee Director, Managing Director and the Chief Information Officer. The Chief Financial Officer is the permanent invitee to the meetings of the Committee. The other directors are invited to attend the IT Strategy Committee meetings as when required. The Company Secretary acts as the secretary to the Committee. The Committee met Twice (2) times during the year on August 11, 2022 and November 10, 2022. Attendance of Directors & Chief Information Officer: Name of the Member Position No. of Meetings Held No. of Meetings Attended Mr. Manoj Kumar Nambiar Managing Director 2 2 Mr. Sumantra Banerjee Independent Director 2 1 Mr. Rajat Mohan Nag* Independent Director 1 1 Mr. Arvind Murarka Chief Information Officer 2 2 Mr. Piyush Goenka Nominee Director 2 1 * Mr. Rajat Mohan Nag is a member of the Committee w.e.f November 10, 2022. 7. Stakeholders Relationship Committee The Stakeholders Relationship Committee of the Board is responsible for redressal of grievances of investors, shareholders, securities holders, including complaints related to the transfer of shares, non- receipt of annual report and non-receipt of declared dividends and performing such other functions asmay be delegated by the Board and/or prescribed under Annexures to Director’s Report