Statement  of Boards, Councils, Committee & others Bodies.

1

Name & address of the affiliated body:-

M/s.Gujarat Mineral Development Corporation limited

[A Government Of Gujarat Enterprise]

Registered and Head Office

Khanij Bhavan, Nr.University Ground, 132 Ft Ring Road, Vastrapur

Ahmedabad 380 052

Board of Directors

Share Transfer Committee

Share Holders / Investors Grievance Committee

Audit Committee

Tender Committee

Personnel Committee

2

Type of affiliated body

Board

Committee of the Directors of the Board

Committee of the Directors of the Board

Committee

Committee

Committee

3

Brief Introduction of the Affiliated body

The Board of directors of GMDC Ltd. is a statutory body that is constituted to decide on various issues placed before the Board. Being a Government Company, the Government of Gujarat appoints and changes the Directors on the Board of the Company.

The share transfer committee is constituted by the Board of GMDC Ltd.

This committee is constituted by the Board of GMDC Ltd pursuant to the provisions of Clause 49 of the listing agreement.

It is Committee of the Directors of the Board. This committee is constituted pursuant to the provisions of Section 292 A of the Companies Act, 1956 and Clause 49 of Listing Agreement executed by GMDC with various stock exchanges. This committee consists entirely of non executive directors of the company.

It is a Committee constituted pursuant to the directives of the Government of Gujarat.

It is a Committee constituted by the Board of Directors

4

Role of the Affiliated Body

The Board of Directors is the highest authority in the decision making process of GMDC Ltd.

The share transfer committee of the Board looks after the transfer of equity shares.

This committee of the Board looks after the grievances of the shareholders / investors of the company.

The audit committee’s role is primarily to review the financial statements and internal audit functions of the company.

The tenders amounting more than Rs. 1 crore are submitted to the tender committee for its decision.

The committee decides on various personnel matters such as recruitment, promotion etc.

5

Structure & Member Composition

Currently the member composition of the Board is on page No 3

Currently the member composition of the share transfer committee is on page No 3

Currently the member composition of the share transfer committee is on page No 3

Currently the member composition of the audit committee is on page No 3

Currently the member composition of the tender committee is on page No 3

Currently the member composition of the tender committee is on page No 3

6

Head of the Body

Chairman-cum-Managing Director

Chairman of the Committee

Chairman of the Committee

Chairman of the Committee

Chairman of the Committee

Chairman of the Committee

7

Address of main office and its branches

The Board of Directors does not maintain a physical office.

The committee does not maintain a physical office.

The committee does not maintain a physical office.

The committee does not maintain a physical office.

The committee does not maintain a physical office.

The committee does not maintain a physical office.

8

Frequency of meetings

As per the Companies Act, 1956, the Board of Directors is required to meet every quarter i.e. four times in a year. Apart from this, a meeting of the Board may be convened as per the Direction of the Chairman.

This committee meets every fortnight to look after the transfer equity shares.

There is no specific frequency prescribed under the governing provisions.

As per the provisions of the listing agreement the audit committee shall meet at least 3 times in a year.

The committee meets as and when the need arises.

The committee meets as and when the need arises.

9

Can public participate in the meetings

No.

No.

No.

No.

No.

No.

10

Are minutes of the meetings prepared / exhibited….How ?

Yes. The minutes are prepared as per the provisions of section 193 of the Companies Act, 1956.

Yes. The minutes are prepared as per the provisions of section 193 of the Companies Act, 1956.

Yes. The minutes are prepared as per the provisions of section 193 of the Companies Act, 1956.

Yes. The minutes are prepared as per the provisions of section 193 of the Companies Act, 1956.

Yes. The minutes are prepared.

Yes. The minutes are prepared.

[Names of the Board, Council, Committees etc. including member and their qualifications, original text to be given in electronic form]

Sr No

Name Of  Body

Name Of Member

Designation

Qualification.

1

Board Of Directors

Smt. VijayLaxmi Joshi, IAS

Managing Director

I.A.S.

Shri D. Rajgopalan I.A.S.

Director [ P.S. I&M Dept GOG]

I.A.S.

Shri A.K.Joti I.A.S.

Director [ Sec.(Exp.) F.D.GOG]

I.A.S.

Shri A.M.Tiwari I.A.S.

Director [C.G.M. GOG]

I.A.S.

Shri C.P.S.Nair

Director

 

2

Tender Committee

Smt. VijayLaxmi Joshi, IAS

Chairperson & Managing Director

I.A.S.

Shri D. Rajgopalan I.A.S.

Director [ P.S. I&M Dept GOG]

I.A.S.

Shri A.K.Joti I.A.S.

Director [ Sec.(Exp.) F.D.GOG]

I.A.S.

3

Share Holder and investment Grievance Committee

Smt. VijayLaxmi Joshi, IAS

Chairperson & Managing Director

I.A.S.

Shri D. Rajgopalan I.A.S.

Director [ P.S. I&M Dept GOG]

I.A.S.

4

Personnel Committee

Smt. VijayLaxmi Joshi, IAS

Chairperson & Managing Director

I.A.S.

Shri D. Rajgopalan I.A.S.

Director [ P.S. I&M Dept GOG]

I.A.S.

Shri A.K.Joti I.A.S.

Director [ Sec.(Exp.) F.D.GOG]

I.A.S.

Shri A.M.Tiwari I.A.S.

Director [C.G.M. GOG]

I.A.S.

5

Audit Committee

Shri A.K.Joti I.A.S.

Chairman [ Sec.(Exp.) F.D.GOG]

I.A.S.

Shri D. Rajgopalan I.A.S.

Director [ P.S. I&M Dept GOG]

I.A.S.

Shri A.M.Tiwari I.A.S.

Director [C.G.M. GOG]

I.A.S.

6

Share Transfer Committee

Smt. VijayLaxmi Joshi, IAS

Chairperson & Managing Director

I.A.S.

Shri A.M.Tiwari I.A.S.

Director [C.G.M. GOG]

I.A.S.

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