Page 116 - Tata_Chemicals_yearly-reports-2017-18

Composition and Attendance ʀ Review and monitor the sustainability, environmental,
safety and health policies and activities across the Tata
Name of the Category No. of Attendance Chemicals Group;
Member meetings (%)
attended ʀ Investigate or cause to be investigated, any extraordinary
negative sustainability, environment, health and safety
Ms. Vibha Paul Rishi ID 2 100
performance or issues of asset integrity which can
(Chairperson)
impact safety, health, environment and sustainability
Mr. S. Padmanabhan NED 2 100 where appropriate;
Mr. R. Mukundan MD 2 100
ʀ Formulate and recommend to the Board, a CSR policy
ID – Independent Director; NED - Non-Executive Director; indicating the activity or activities to be undertaken by
MD - Managing Director & CEO the Company as specified in Schedule VII to the Act and
have oversight over its implementation;
Status of Investor Complaints as on 31 March, 2018 and
reported under Regulation 13(3) of the Listing Regulations is as ʀ Recommend the amount to be spent on CSR activities;
under: ʀ Monitor the Company’s CSR Policy periodically.
Complaints as on 1 April, 2017 3 The Board has adopted a charter for the CSS Committee for
Received during the year 36 its smooth functioning. The Board has also adopted the
CSR Policy as formulated and recommended by the
Resolved during the year 39
CSS Committee. The same is displayed on the website of the
Pending as on 31 March, 2018 0
Company. A CSR Report giving details of the CSR activities
The complaints have been solved to the satisfaction of the undertaken by the Company during the year along with the
shareholders. The correspondence identified as investor amount spent on CSR activities forms a part of the Board’s
complaints are letters received through statutory/regulatory Report.
bodies and letters pertaining to fraudulent encashment. Meetings Held
Name, designation and address of the Compliance Officer During FY 2017-18, 3 (three) meetings were held on 14 June,
2017, 24 November, 2017 and 9 March, 2018.
Mr. Rajiv Chandan
General Counsel & Company Secretary Composition and Attendance
Tata Chemicals Limited
Name of the Category No. of Attendance
Bombay House, 24 Homi Mody Street, Fort, Mumbai - 400 001
Member meetings (%)
Tel. No.: +91 22 66658282 attended
Fax No.: +91 22 66658144
Mr. S. Padmanabhan NED 3 100
Email: investors@tatachemicals.com (Chairman)
On the recommendations of the SRC, the Company has taken Ms. Vibha Paul Rishi ID 3 100
various investor friendly initiatives like sending reminders to Mr. R. Mukundan MD 3 100
the investors who have not claimed their dividends, encourage ID - Independent Director; NED - Non-Executive Director;
dematerialisation of shares, etc.
MD - Managing Director & CEO
6. CSR, SAFETY AND SUSTAINABILITY COMMITTEE Chief-Safety and Chief-CSR & Sustainability are the permanent
invitees to the meetings of the Committee. The General
The CSR, Safety and Sustainability (‘CSS’) Committee has
been entrusted with the specific responsibility of reviewing Counsel & Company Secretary attends the meetings.
corporate social responsibility programmes, health and safety 7. RISK MANAGEMENT COMMITTEE
framework and sustainable development. The overall roadmap, Regulation 21 of the Listing Regulations mandates top 100
as well as specific issues of concern including those related to listed entities based on market capitalisation as at the end of
safety and climate change is reviewed in detail. The scope of the immediate previous financial year to constitute the Risk
the CSS Committee also includes approving the budget of Management Committee (‘RMC’). Although non-mandatory,
CSR, reviewing the CSR programmes and monitoring the the Company has constituted a RMC of the Board in February,
CSR spends. 2015.
Terms of Reference The primary role of the RMC is that of assisting the Board of
The terms of reference of the CSR, Safety and Sustainability Directors in overseeing the Company’s risk management
Committee, inter alia, are as under: process and controls. RMC, through the Enterprise Risk
Management in the Company, seeks to minimise adverse
ʀ Provide guidance to the management to ensure that impact on the business objectives and enhance stakeholder
all long-term strategic proposals made to the Board value. The Board has adopted a charter for the functioning
include safety, health, environment and sustainability of the RMC covering the composition, meetings, quorum,
implications; responsibilities, etc.

114 Annual Report 2017-18