The Corporate Governance provisions of the SEBI Listing Regulations will be applicable to us immediately upon listing of the Equity Shares on the Stock Exchanges. We are in compliance with the requirements of applicable regulations, including the SEBI Listing Regulations, the Companies Act and the SEBI ICDR Regulations, in respect of corporate governance including constitution of our Board and committees thereof, and formulation and adoption of policies.
Our Company stands committed to good Corporate Governance practices based on the principles such as accountability, transparency in dealing with our stakeholders, emphasis on communication and transparent report. We have complied with the requirements of the applicable regulations, including Regulations, in respect of Corporate Governance including constitution of the Board and its Committees. The Corporate Governance framework is based on an effective Independent Board, the Board’s supervisory role from the executive management team and constitution of the Board Committees, as required under law.
The following committees have been constituted for compliance with Corporate Governance requirements:
A. Audit Committee;
B. Stakeholders Relationship Committee;
C. Nomination and Remuneration Committee;
A. Audit Committee :
Our Board has constituted the Audit Committee vide Board Resolution dated August 11, 2021 in accordance with the Regulation 18 of the SEBI Listing Regulations and Section 177 of the Companies Act, 2013. The audit committee comprises of:
| Name of the Directors | Nature of Directorship | Designation in Committee |
| Mrs. Uma Krishnan | Non-Executive Independent Director | Chairman |
| Mr. Rishi Aggarwal | Non-Executive Independent Director | Member |
| Mr. Chaitanya Dhareshwar | Managing Director | Member |
B. Stakeholder Relationship Committee:
Our Board has constituted the Stakeholders’ Relationship Committee vide Board Resolution dated August 11, 2021 pursuant to Regulation 20 of the SEBI Listing Regulations and Section 178 of the Companies Act, 2013. The Stakeholder’s Relationship Committee comprises of:
| Name of the Directors | Nature of Directorship | Designation in Committee |
| Mr. Navin Punjabi | Non-Executive Director | Chairman |
| Mr. Rishi Aggarwal | Non-Executive Independent Director | Member |
| Mr. Chaitanya Dhareshwar | Managing Director | Member |
C. Nomination & Remuneration Committee:
Our Board has constituted the Nomination and Remuneration Committee vide Board Resolution dated August 11, 2021 pursuant to Regulation 19 of the SEBI Listing Regulations and section 178 of the Companies Act, 2013. The Nomination and Remuneration Committee comprises of:
| Name of the Directors | Nature of Directorship | Designation in Committee |
| Mr. Rishi Aggarwal | Non-Executive Independent Director | Chairman |
| Mrs. Uma Krishnan | Non-Executive Independent Director | Member |
| Mr. Navin Punjabi | Non-Executive Director | Member |
By order of the Board
For Wherrelz IT Solutions Limited