Examples of Public Interest Director in a sentence
The Quorum for the LC shall be at least 50% of the number of LC members for the time being, including at least one (1) member who is Public Interest Director or Non-Executive Director.Each member of the LC is entitled to one (1) vote in deciding the matters deliberated in the meeting.
Framing & reviewing the performance review policy to carry out evaluation of every director’s performance, including that of Public Interest Director (PID).
Independent Non-Executive Director who is Chairman of the Board/ Public Interest Director (Chairman of the MDC)2.
As per SEBI Regulations, the Compensation Committee shall consist of majority of Public Interest Directors and shall be chaired by a Public Interest Director.
Public Interest Director has been defined as an Independent Director representing the interest of investors in securities market and who is not having any association directly or indirectly which in the opinion of Securities and Exchange Board of India (“SEBI”) is in conflict with the role.
The Compensation Policy adheres to the compensation principles stipulated by Securities and Exchange Board of India (SEBI) and other applicable laws.3.1 Compensation Committee and/or Nomination and Remuneration Committee The Exchange has constituted a Compensation Committee/ Nomination and Remuneration Committee, which comprises of majority of the Public Interest Directors and is chaired by a Public Interest Director.
SEBI/HO/MRD/DOP2DSA2/CIR/P/2019/13 dated January 10, 2019, the Nomination and Remuneration Committee shall include only Public Interest Directors and shall be chaired by a Public Interest Director.
It is anticipated that SFT will nominate a Public Interest Director for each NPD project.
The appointment of an independently nominated Public Interest Director (known on the early NPD projects as the “Independent Director”) to the Project Company’s board is a feature that is specific to the NPD model.
As on March 31, 2020 the composition of the Board of Directors was: Name of the DirectorsCategory & DINMr. Dinesh Kumar MehrotraChairman & Public Interest Director 00142711Mr. Ketan Vikamsey*Public Interest Director 00282877Mr. Sudhir BassiShareholder Director 07819617Ms. Trishna GuhaPublic Interest Director 08200779Mr. S.V.D. Nageswara RaoPublic Interest Director 02105323Mr. Vijay SardanaPublic Interest Director 01977874Ms. Latika S.