Arohan Financial Services Limited | Annual Report 2022-23

197 | Annual Report | 2022-2023 Note 50(A): Additional disclosures pursuant to the RBI/2021-22/112DOR.CRE.REC.No.60/03.10.001/2021-22 dated October 22, 2021 on Scale Based Regulation (contd) Arohan Financial Services Limited Summary of significant accounting policies and other explanatory information for the year ended 31 March 2023 (Contd.) (All amounts in ` lakhs unless otherwise stated) (d) Stakeholders Relationship Committee Stakeholder's Relationship Committee has been constituted under Section 178 of the Companies Act 2013 and under Regulation 20 and Part D of Schedule II of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The Committee has been responsible for redressal of grievances of interest of investors, shareholders, debenture holders and other security 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 as may be delegated by the Board. Name of the Director Member of Committee since Capacity (i.e., Executive/ Non-Executive/ Chairman/ Promoter nominee/ Independent) Number of Meetings of the Committee Number of shares held in the NBFC Held Attended Ms. Matangi Gowrishankar April 27, 2018 Non Executive - Independent Director 1 1 Nil Mr. Anurag Agrawal April 27, 2018 Promoter Nominee Director 1 1 Nil Mr. Manoj Kumar N Nambiar April 27, 2018 Executive - Managing Director 1 1 Nil (e) Corporate Social Responsibility Committee Corporate Social Responsibility Committee has been constituted under Section 135 of the Companies Act 2013. Primary objective of the Committee has been assisting the Board in fulfilling its corporate social responsibility. The Committee has overall responsibility for Identifying the areas of CSR activities and implementing and monitoring the CSR Policy also recommends the amount of expenditure to be incurred on the identified CSR activities. Name of the Director Member of Committee since Capacity (i.e., Executive/ Non-Executive/ Chairman/ Promoter nominee/ Independent) Number of Meetings of the Committee Number of shares held in the NBFC Held Attended Mr. Sumantra Banerjee April 27, 2018 Non Executive - Independent Director 2 1 10,000 Mr. Anurag Agrawal April 27, 2018 Promoter Nominee Director 2 2 Nil Mr. Manoj Kumar N Nambiar April 27, 2018 Executive Director - Managing Director 2 2 Nil Mr. Wilhelmus Marthinus Maria Van Der Beek April 27, 2018 Non Executive - Nominee Director 2 Nil Nil