The Remuneration Committee shall be appointed by the Board from amongst the Directors of the Company and shall comprise a majority of whom must be independent. The Chairman of the Remuneration Committee should be an Independent Director identified by the Board. The Company Secretary shall be the Secretary of the Remuneration Committee meeting.
The Remuneration Committee shall meet at least once in every year. The presence of the majority of the Independent Non-Executive Directors shall form the quorum of the meeting.
The duties of the Remuneration Committee are as follows:-