Statutory Reports
Corporate Overview
69th Annual Report 2013-14
106
Financial Statements
SHAREHOLDERS
BOARD OF DIRECTORS
BOARD COMMITTEES
Audit
Committee
Executive Committee
of the Board
Nomination & Remuneration
Committee
Stakeholder Relationship
Committee
Ethics & Compliance
Committee
Safety, Health & Environment
Committee
Corporate Social Responsibility
Committee
Special Need Based
Committees
STAFF
Chief Internal Auditor
Head-Corporate Communications
Head-Government Affairs &
Collaborations
Head - Corporate Planning
Head - Legal
Company Secretary
MANAGEMENT STRUCTURE
Chairman-Corporate
Steering Committee
Head Commercial Vehicles
Head Quality
Head Passenger Vehicles
Head Engineering and Product
& Supply Chain
Chief Financial Officer
Chief Human Resource Officer
BUSINESS COMMITTEES
Operations committee
Corporate Steering
Committee
Commercial Vehicle Business Unit
Steering Committee
Passenger Vehicle Business Unit
Steering Committee
Human Resource
Management
Product Review
Committee
Risk Oversight
Committee
THE COMMITTEES OF THE BOARD
The Board has constituted a set of Committees with specific
terms of reference/scope to focus effectively on the issues and
ensure expedient resolution of diverse matters. The Committees
operate as empowered agents of the Board as per their
Charter/terms of reference. Targets set by them as agreed with
the management are reviewed periodically and mid-course
corrections are also carried out. The Board of Directors and the
Committees also take decisions by circular resolutions which
are noted at the next meeting. The minutes of the meetings
of all Committees of the Board are placed before the Board
for discussions/noting. An Organisation Chart depicting the
relationship between the Board of Directors, the Committees
and the Senior Management functions as on March 31, 2014 is
illustrated below:-
