Familiarisation Program to Independent Directors

Familiarization Programme for Independent Directors

Date of Session         Topic of the Session
March 22, 2016
  1. Overview of SAT Business. (2 hours)
  2. Role, rights and responsibilities of Independent Directors brief about Board Sub- Committees, Code of Conduct and Insider Trading Code. (2 hours)
March 27, 2017
  1. Business review and to make aware independent Directors about the various scenarios of future strategy for the Company’s business and competitive scenario in Global market. (1 hours).
  2. To highlighting the various legislative changes in regulatory framework having or may have an impact on the Company such as Internal Financial control, Goods and Service Tax (GST) and other updates on SEBI Regulations and the Companies Act 2013. (1 hours)
  3. To make aware Independent directors about the Internal Audit/ Risk Management and latest updates on the industry segment, business environment, competition and competitors, in India and abroad. (2 hours)
March 13, 2018
  1. To review the company policies e.g. policy for determining ‘Material’ subsidiary, SEBI (Prohibition of Insider
    Trading) Regulations, 2015 etc. (1 hours)
  2. To review the compliances of Company under companies Act, 2013, SEBI (LODR) Regulations 2015 etc. (1 hours)
March 23, 2019
  1. Indian Accounting Standard (IND-AS).
  2. Companies (Significant Beneficial Owners) Rules, 2018
  3. To review the compliances of Company under companies Act, 2013, SEBI (LODR) Regulations 2015 etc.
February 13, 2020
  1. To Overview the Sat Group structure
March 12,2021
  1. The recent changes under Companies Act 2013 and under SEBI (LODR) Regulations 2015, related to Independent Directors.
  2. To discuss on “Review of Regulatory Provisions related to Independent Directors” elevated for public comments by SEBI on March 1, 2021.
 S.No. Name of Independent Director No. of Sessions attended No. of hours spent in the Sessions attended
FY 2020-21 Cumulative till date FY 2020-21 Cumulative till date
1. Mr. Ramesh Chandra Soni 1 6 2 16
2. Mr. Sunil Mithalal Jain* 1 3 2 10
3. Mr. Nikhil Raut 1 6 2 16
4. Mr. Goree Shankar Shrimali** 1 3 2 6

*   Resigned as Director w.e.f. November 19, 2018
** Appointed as Director w.e.f. September 28, 2018