Page 56 - Index

iii. Stakeholders’ Relationship Committee
As on March 31, 2022, the Stakeholders’ Relationship Committee comprised the following Members:
including complaints related to the transfer of units, non-receipt of annual report and non-receipt of declared distributions;
ii. review of any litigation related to unitholders’ grievances;
iii. update unitholders on acquisition/ sale of assets by the Trust and any change in the capital structure of the SPVs;
iv. reporting specific material litigation related to unitholders’ grievances to the Board of Directors; and
v. approve report on investor grievances to be submitted to the trustee of the Trust.
iv. Committee of Directors for Appointments
As on March 31, 2022, the Committee of Directors for Appointments comprised the following Members:
S. No.
1.
2. 3.
Name of Members
Smt. Seema Gupta
Shri Ram Naresh Tiwari
Shri Ashok Kumar Singhal
Category
Non-Executive Director & Chairperson
Independent Director
Non-Executive Director
Designation
Chairperson of the Committee
Member
Member
The Company Secretary is the Secretary to the Stakeholders’ Relationship Committee.
Quorum
The quorum shall be at least one-third of the members of the Stakeholders’ Relationship Committee or two members, whichever is higher.
Meetings
During the financial year ended March 31, 2022, three meetings of the Stakeholders’ Relationship Committee were held i.e. on July 19, 2021, October 11, 2021 and January 20, 2022.
Terms of reference of the Stakeholders’ Relationship Committee include the following:
i. consider and resolve grievances of the unitholders of POWERGRID Infrastructure Investment Trust (‘Trust’),
S. No.
1.
2. 3.
Name of Members
Smt. Seema Gupta
Shri Onkarappa KN
Shri Ram Naresh Tiwari
Category
Non-Executive Director & Chairperson
Independent Director
Independent Director
Designation
Chairperson of the Committee
Member
Member
ATTENDANCE OF DIRECTORS AT MEETINGS OF COMMITTEES OF BOARD
Meetings
During the financial year ended March 31, 2022, two meetings of the Committee of Directors for Appointments were held i.e. on October 11, 2021 and March 29, 2022.
Name of the Directors
Non-Executive Directors
Smt. Seema Gupta*
Shri Ashok Kumar Singhal
Shri B. Anantha Sarma**
Independent Directors
Shri Onkarappa KN
Shri Ram Naresh Tiwari
Shri M N Venkatesan***
Shri Sunil Kumar Sharma****
Investment Audit Committee
Committee (Attended/ (Attended/Entitled) Entitled)
01/01 03/03
02/02 06/06
Nil/Nil 02/02
01/01 02/02
01/01 02/02
01/01 02/02
Nil/Nil 01/01
Stakeholders’ Relationship Committee (Attended/Entitled)
03/03
03/03
01/01
Nil/Nil
Nil/Nil
02/02
Nil/Nil
*Ceased to be Director & Chairperson w.e.f. May 31, 2022. **Ceased to be Director w.e.f. February 11, 2022.
***Ceased to be Director w.e.f. December 15, 2021.
****Ceased to be Director w.e.f. July 23, 2021.
54 Annual Report 2021-22