Terms and conditions of appointment of Independent Director :

1. Appointment for a period of five years is subject to the approval of shareholders.
2. Contribution and inputs as Independent Director to Board and Committee(s) as may be applicable.
3. Duties and liabilities in accordance with the Companies Act, 2013
4. Code of Business Ethics for Directors, and Management Staff to be adhered to.
5. Not to do any act which would not be in consonance with status as Independent Director.