Lords Ishwar Hotels Limited

The Board of Directors of the company agrees to comply with the listing agreement by adopting this guideline for effective corporate governance.

These guidelines are flexible and the Board may amend these guidelines to fulfill the listing agreement which is being amended time to time.

Company’s philosophy

The company has placed individuals having more than 15 years of experience in Hotelier and construction business as its Directors. The Company has majority of non executive Independent directors as per SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. Board and top management of the company are fully apprised of the affairs of the company that is aimed at assisting them in the efficient conduct of the company so as to meet company’s obligation to the shareholders. The Board exercises its fiduciary responsibilities towards shareholders and creditors so as to ensure high accountability.

Boards and other Committees

In terms of Companies Act, 2013 read with SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, our Board of Directors is well comprised with Managing Director, Women Director & the desired number of Non-executive Independent Directors.

The Board has Four Committees:

Audit Committee: At present, all members of the Audit Committee are Non Executive Independent Directors.

Nomination & Remuneration Committee: Presently the Company is not paying any sitting fees to its Non Executive Directors for attending meetings of Board, Audit Committee & other committees.

Stakeholders Relationship Committee: The Company has constituted this committee for redressal of investors’/shareholders’ complaints. The Company Secretary acts as a Compliance officer of the Company.

Risk Management Committee: The Company has constituted this committee to identify, evaluate & mitigate the risk associated with the business and to improve compliance with the relevant legislation.