Annual Report, 2016-17

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of 44 complaints, 42 complaints were duly addressed. As on
31st March 2017, 2 complaints were pending, except the cases
where the Registrar & Share Transfer Agent is constrained by
dispute or legal impediment or due to incomplete or non-
submission of documents by the shareholders.
Terms of reference of the Committee, inter-alia, include:
1. Review, on periodic basis, status of grievances relating to
transfer, transmission of shares, issue of duplicate shares;
2. Monitor expeditious redressal of investor’s grievances;
3. Review instances of non-receipt of Annual Report and
declared dividend and
4. Consider all matters related to all security holders of the
Company.
Corporate Social Responsibility Committee
During the year 2016-17, the Committee met three (3) times
i.e. 27th April 2016, 27th May 2016 and 24th January 2017.
The composition of the Committee and details of meetings
attended by the directors are as follows:
Name of the
Committee
Member
Category Designation No. of
Meetings
Attended
Mrs. Sushmita
Shekhar
Independent Chairperson 3
Mr. Chetan
Kajaria
Executive Member 3
Mr. Rishi Kajaria Executive Member 3
Terms of reference of the Committee, inter-alia, include:
(a) Formulate and recommend to the Board, a Corporate Social
Responsibility Policy which shall indicate the activities to be
undertaken by the Company as per the provisions of the
Companies Act, 2013 and rules made thereunder;
(b) Recommend the amount of expenditure to be incurred on
the CSR activities; and
(c) Monitor the Corporate Social Responsibility Policy of the
Company from time to time.
Business Responsibility & Sustainability
Committee
During the year 2016-17, no meeting of the Business
Responsibility & Sustainability Committee was held. The
composition of the Committee is as follows:
Name of the Committee
Member
Category Designation
Mr. Ashok Kajaria Executive Chairman
Mr. Chetan Kajaria Executive Member
Name of the Committee
Member
Category Designation
Mr. Rishi Kajaria Executive Member
Dr. Rajveer Choudhary COO (Works) Member
Mr. Bhupendra Vyas COO (Marketing) Member
Mr. Rajeev Gupta V.P. (HR) Member
Terms of reference of the Committee, inter-alia, include:
• To oversee the implementation of the Business Responsibility
Policy;
• To review the Business Responsibility performance of the
Company;
• To carry out such acts as may delegated by the Board of
Directors or as may be prescribed by the law.
CSR Policy of the Company
In compliance with the provisions of Section 135 of the
Companies Act, 2013 and rules made thereunder, the Company
has framed a CSR Policy which is uploaded on the website of the
Company i.e.
As a part of initiative of CSR drive, the Company has implemented
various CSR programmes / projects which made positive
impacts mainly in the areas of health, sanitation, conservation
of natural resources, sports and promoting education. The
CSR programmes initiated by the Company includes taking
steps for preventive health care, Swatch Bharat, constructing
sanitation facilities in the schools near the manufacturing
facilities, contributing to the education and social economic
development of under privileged children and for slum area /
rural area development.
These projects are in accordance with Schedule VII of the
Companies Act, 2013.
Details of CSR initiative taken by the Company during the year is
specified in the Annexure- 3 to the Directors Report.
Management Committee
The Company has a Management Committee of Board of
Directors set up to inter-alia oversee routine operations that
arise in the normal course of the business such as decision
on banking relations, delegation of operational powers,
appointment of nominees under various statutes etc. The
committee comprises of 4 directors (including one Independent
Director) of the Board. The committee reports to the Board and
the minutes of these meetings are placed before the Board for
confirmation.
073 ANNUAL
REPORT 2016-17 KAJARIA
CERAMICS
CORPORATE
OVERVIEW
MANAGEMENT
REPORTS
FINANCIAL
STATEMENTS