105
Notice
Directors’Report
(104-124)
Management Discussion & Analysis
Corporate Governance
Secretarial Audit Report
(1) excludes Directorships in private companies, foreign companies and associations
(2) includes only Audit and Stakeholder Relationship Committees (previously Investor Grievance Committee)
(3) Is the ‘Steel’ Director
(4) stepped down as Director w.e.f. April 25, 2013, in accordance with the Company’s retirement policy
(5) appointed as Non-Executive, Independent Director w.e.f. May 29, 2013
(6) ceased to be Managing Director w.e.f. January 26, 2014
(7) the membership/chairmanship on the Board and Committees of public companies and shareholding is as on the date of cessation.
(8) Excludes 1 meeting attended via teleconferencing facility on September 20, 2013
Name of the
Director
Director
Identification
Number
Category
No. of
Board
Meetings
attended
in the year
Attend-
ance
at the
last AGM
Directorships
(1)
Committee
positions
(2)
Shareholding
Chairman Member Chairman Member
Ordinary
Shares
‘A’
Ordinary
Shares
Cyrus
P Mistry
(3)
00010178 Non-Executive,
Chairman
8
Yes
10
-
-
1
14,500
-
Ravi Kant
00016184 Non-Executive,
Vice Chairman
8
Yes
2
3
-
1
-
-
N N Wadia
00015731 Non-Executive,
Independent
8
Absent
4
4
-
-
-
-
S M Palia
(4)(7)
00031145 Non-Executive,
Independent
0
NA
-
7
2
5
1,500
12,500
R A Mashelkar
00074119 Non-Executive,
Independent
7
Absent
-
6
1
3
-
-
S Bhargava
00035672 Non-Executive,
Independent
5
Yes
3
4
1
2
-
-
N Munjee
00010180 Non-Executive,
Independent
8
Yes
2
10
5
3
-
-
V K Jairath
00391684 Non-Executive,
Independent
8
Yes
-
1
1
1
250
-
Falguni Nayar
(5)
00003633 Non-Executive,
Independent
7
Yes
-
1
-
2
-
-
Ralf Speth
03318908 Non-Executive
7
(8)
Yes
-
1
-
-
-
-
Karl Slym
(6)(7)
01875188
Managing
Director
5
Yes
1
1
-
1
-
-
Ravindra
Pisharody
01875848
Executive
Director
(Commercial
Vehicles)
8
Yes
2
3
-
1
-
50
Satish B
Borwankar
01793948
Executive
Director
(Quality)
8
Yes
1
6
-
2
-
-
The Executive Director and the Chief Financial Officer (CFO)
have certified to the Board in accordance with Clause 49 V of the
Listing Agreement pertaining to CEO and CFO certification for the
Financial Year ended March 31, 2014.
During the year under review, eight Board Meetings were held
on May 9, 2013, July 8, 2013, August 7, 2013, September 20,
2013, November 8, 2013, December 12, 2013, February 10, 2014
and March 28, 2014. The maximum time-gap between any
two consecutive meetings did not exceed four months. The
composition of the Board, attendance at Board Meetings held
during the Financial Year under review and at the last Annual
General Meeting, number of directorships (including Tata Motors),
memberships/chairmanships of the Board and Committees of
public companies and their shareholding as on March 31, 2014 in
the Company are as follows:.
