Marine Electricals Approves Reconstitution of Nomination, Stakeholder and Risk Committees
The Board of Directors of Marine Electricals (India) Limited has approved the reconstitution of several key oversight committees, including the Nomination and Remuneration Committee, the Stakeholders' Relationship Committee, and the Risk Management Committee. These decisions detail the members and their respective designations across these critical governance bodies.Details regarding the composition of the three specialized committees are as follows:
Nomination and Remuneration Committee
The committee comprises independent and executive directors responsible for corporate nominations and remuneration policies.| Sr. No. | Name of Director | Category | Designation Committee |
|---|---|---|---|
| 1. | Mr. Nikunj Mishra | Non Executive Independent Director | Chairperson |
| 2. | Mr. Vikas Jaywant | Non Executive Independent Director | Member |
| 3. | Ms. Venkata Archana Rajagopalan | Non Executive Independent Director | Member |
| 4. | Mr. Vinay Uchil | Chairman & Executive Director | Member |
Stakeholders' Relationship Committee
The committee is tasked with managing and overseeing the relationships between the company and its stakeholders, involving both independent and executive members.| Sr. No. | Name of Director | Category | Designation Committee |
|---|---|---|---|
| 1. | Mr. Madan Pendse | Non-Executive Director, Independent | Chairperson |
| 2. | Ms. Venkata Archana Rajagopalan | Non-Executive Director, Independent | Member |
| 3. | Mr. Shailendra Shukla | Executive Director, Executive Director | Member |
Risk Management Committee
The company’s risk management committee is structured to ensure effective oversight of corporate risks, with representation from executive and independent directors.| Sr. No. | Name of Member | Category | Designation Committee |
|---|---|---|---|
| 1. | Mr. Vinay Uchil | Chairman & Director, Executive | Chairperson |
| 2. | Ms. Venkata Archana Rajagopalan | Non-Executive Director, Independent | Member |
| 3. | Mr. Vikas Jaywant | Non-Executive Director, Independent | Member |
MARINE Stock Price Movement
As of 2:54 PM, Marine Electricals (India) Limited shares rally to ₹256.25, having gained 1.30% in live trading today. The stock is actively moving within its intraday range and shows robust market interest with 708,016 shares traded so far.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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