FAMILIARISATION PROGRAMME FOR INDEPENDENT DIRECTORS

    This Familiarisation Programme for Independent Directors of Vallabh Poly-Plast International Limited has been adopted by the Board of Directors pursuant to Clause 49 of the Listing Agreement.

    PURPOSE

    The Program aims to enable the Independent Directors to understand the business and contribute to the growth of the Company.
    The Program is formulated with an objective of making the Independent Directors of the Company accustomed with the following areas:

    • Familiarisation with the Company;
    • Independent Directors roles, rights and responsibilities;
    • Board dynamics & functions;
    • Nature of the Industry in which the Company operates;
    • Business Model of the Company;

    The Program has been designed considering the specific needs of corporate governance and the expected obligations of Independent Directors in view of the onerous responsibility conferred by the Companies Act, 2013 and the Listing Agreement, as amended from time to time.

    FAMILIARISATION PROCESS

    The Company shall through its Whole Time Directors, familiarize all the present and future Independent Director with regard to above areas at such periodic intervals as may deem necessary to familiarize the Independent Directors with the operations of the Company. The programs shall also familiarise the Independent Directors with their roles, rights and responsibilities;