As per Clause 49 of the Listing Agreement the Company has entered into with the Stock Exchanges, the Company shall provide suitable training to Independent Director to familiarise them with the Company, their role, nature of the industry in which the Company operates, business model of the Company etc. The details of such training imparted are also required to be disclosed in the Annual Report.
The Company acknowledges the importance of continuous education and training of the Directors to enable effective discharge of their responsibility. The Company has been organising visits of the Directors to its cement Units at various locations in the country as well as Jute Mill, from time to time with a view to enable them to familiarise with the nature of industry, operations, processes and to interact with the management personnel and staff.
Directors are regularly briefed about the industry's specific issues to enable them to understand the business environment in which the company operates. To enhance their skills and knowledge the Directors are regularly updated on the changes in the policies, laws and regulations, developments in the business environment etc.
Efforts are also made to familiarise the Directors about their roles, rights, responsibility in the Company, its business model and the environment in which the Company operates.