b) The ratio of the remuneration of each Director to the median employees remuneration for the Financial Year is as under: Mr. Prithviraj Singh Oberoi, Executive Chairman, Mr. Shib Sanker Mukherji, Executive Vice Chairman, Mr. Vikramjit Singh Oberoi Managing Director & CEO, Mr. Arjun Singh Oberoi ManagingDirector- Development, Directors'' remuneration includes retirement benefits, wherever applicable. The hotel team hosts a lunch for the children, care givers and supervisors at the Home. 3,000,000,000 and its paid up capital is Rs. The Directors shall be able to positively carry out their supervisory role on the management and the general affairs of the Company; - assessing the individual against a range of criteria including but not limited to industry experience, background, and other qualities required to operate successfully in the position, with due regard to the benefits of diversity of the Board; - the extent to which the individual is likely to contribute to the overall effectiveness of the Board and work constructively with existing Directors; - the skills and experience the individual brings to the role and how these will enhance the skill sets and experience of the Board as a whole; - the nature of positions held by the individual including directorships or other relationships and the impact they may have on the Director''s ability to exercise independent judgment; - the time commitment required from a Director to actively discharge his or her duties to the Company. Mr. Lakshminarayan Ganesh (DIN:00012583), Mr. Rajeev Gupta (DIN: 00241501) and Mr. Sudipto Sarkar (DIN: 00048279), Non-executive Independent Directors first term in office expires on 6th August 2019 (Mr. Lakshminarayan Ganesh and Mr. Rajeev Gupta) and on 29th October 2019 (Mr. Sudipto Sarkar). Company''s Policy on Director Appointment and Remuneration and Senior Management Personnel Appointment and Remuneration. The Company is a subsidiary of EIH Limited, the holding Company. Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service. During the year, energy conservation measures taken by the Company include: - replacement of incandescent & CFL lamps with energy efficient LED lamps; - replacement of old chiller with energy efficient Variable Refrigerant Flow (VRF) system; - installation of primary & secondary pumps in chilled water system along with two way energy valves for air handling units; - installation of two way valves for fan coil units; - installation of automatic tube condenser cleaning system for chillers; - installation of variable frequency drives in chilled water system; - installation of variable frequency drives in air handling units; - installation of energy efficient cooling towers; - installation of solar panels for generation of electricity; - installation of water conservation devices in taps and showers and installation of eco washer in water closets. Visit was also organised for deaf and dumb school on Children''s day to bring moments of joy in the life of special children, cake cutting was done and toys were distributed. These internal financial controls are adequate and are operating effectively; and. Company is not required to maintain cost records in accordance with Section 148 of the Act read with Rule 3 of the Companies (Cost Record and Audit) Rules, 2014 as the services of the Company are not covered under the said rules. At the Group level, a comprehensive Risk Management policy, procedure and Risk Committee is in place which is being followed by the Company’s hotel, The Oberoi Amarvilas and the Company as a whole. 1,250,728,320. The flight catering business shrank to Rs330mn vs Rs590mn in Q2FY19, owing to grounding of Jet Airways operations. EIH Ltd reported revenue/EBITDA de-growth of 13.7%/64.4% YoY in Q2FY20. The policy on material subsidiaries can be accessed on the Company''s website www.eihltd.com. Subsidiaries, Associates and Joint Ventures. They were introduced to various departments within Kitchen. Mr. Anil Kumar Nehru (DIN: 00038849), a Non-executive Independent Director was re-appointed on the Board for a second term of 5 (five) consecutive years with effect from 1st April 2019 up to 31st March 2024, notwithstanding that he has attained the age of 75 years. The Oberoi, New Delhi partnered with the Delhi Blind Relief Association to support the students of the Delhi Blind School. The company has 12 subsidiaries, of these three are domestic companies and the rest are overseas body corporates. The Company''s Policy on Director Appointment and Remuneration Policy (revised), 2019, ("Director Appointment Policy") and Senior Management Appointment and Remuneration Policy ("Senior Management Policy") formulated in accordance with Section 178 of the Act read with regulation 19(4) of the listing regulations can be accessed on the Company''s website www.eihltd.com. Get EIH latest Consolidated Key Financial Ratios, Financial Statements and EIH detailed profit and loss accounts. Accordingly, Dr. Chhavi Rajawat (DIN: 06752959), Independent Director of EIH Limited, was appointed as an Additional Director on the Board on 25th October 2019, liable to retire by rotation. Subsidiaries/ Joint Ventures. As on 30th June, 2020, the company reported a shareholder’s deficit of Rs. Facts Services, Inc. ... EIH Holdings Sweden AB. These systems are adequate and are operating effectively. The details of Related Party Transactions are set out in Note nos. | EIH Ltd. ICICI Direct ResearchResult Update Exhibit 13: Three year price chart vs. Nifty . Prevention of Sexual Harassment at Workplace. In accordance with the provisions of Section 134(5) of the Companies Act, 2013 ("the Act") and, based upon representations from the Management, the Board states that: a) in preparing the Annual Accounts, applicable accounting standards have been followed and there are no material departures; b) the Directors have selected accounting policies, applied them consistently and made judgments and estimates that are reasonable and prudent to give a true and fair view of the state of affairs of the Company at the end of the Financial Year and of the profit of the Company for the year; c) the Directors have taken proper and sufficient care in maintaining adequate accounting records in accordance with provisions of the Act for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities; d) the Directors have prepared the Annual Accounts of the Company on a "going concern" basis; e) the Directors have laid down internal financial controls to be followed by the Company. EIH FLIGHT SERVICES LTD EIH INTERNATIONAL LTD EIH HOLDINGS LTD EIH INVESTMENTS N.V. EIH MANAGEMENT SERVICES B.V. PT WIDJA PUTRA KARYA PT WAKA OBEROI INDONESIA PT ASTINA GRAHA UBUD. Its today's share price is 83.55. BOW ENERGY LTD., a body corporate formed under the laws of the Province of Alberta, Canada, having an office at 800 – 138 4 th Avenue S.E., Calgary, AB T2G 4Z6, Canada, (“Assignor”) AND 2.99 crores during the quarter ended 30th, June 2020. The Company''s overseas subsidiaries are i) EIH Flight Services Ltd… The Company has three Indian subsidiaries which are also Joint Ventures, namely, Mumtaz Hotels Ltd, Mashobra Resort Ltd and Oberoi Kerala Hotels and Resorts Ltd. During the year, the Company has not entered into any contract, arrangement or transaction with Related Parties that could be considered material in accordance with the Related Party Transaction Policy of the Company. The Secretarial Audit Report forms part of the Annual Report. 18.30 crores. Financials - Subsidiary Companies Annual Reports. batik, tie-n-dye, tailoring, applique, block printing, silk-screen, handmade gift packets, candles, bags and stationery products. The Company is a subsidiary of EIH Limited, the holding Company. Subsidiaries, Associates and Joint Ventures. The Board recommends a Dividend of Rs. 42 and 43 to the Standalone and Consolidated Financial Statements respectively. The Board presents the Sixty Ninth Annual Report together with the Audited Financial Statement and the Auditor''s Report for the Financial Year ended on 31st March 2019. 2 each for the Financial Year 2018-19, for approval by the Shareholders at the forthcoming Annual General Meeting. ICICI Prudential AMC to plant 50,000 tree saplings on behalf of its ESG fund investors, Sebi chief chairs meeting with corporate India on business responsibility and sustainability reporting, 1,018 entities involved in manipulation of illiquid stock opt for Sebi's one-time settlement scheme, CBDT relaxes rules for fund managers' payments, NSE-BSE bulk deals: Albula Investment buys 3.4% stake in Vikas Multicorp, Ajay Piramal wins the most contested bankruptcy bid for Dewan Housing Finance Ltd, Looking at the Sensex, one thinks problems are over. The Directors have expressed their satisfaction with the evaluation process conducted by the independent external agency. Income in the preceding accounting year 2017-18 exceeds 10% of the consolidated income of the Company but is less than 20%. The Oberoi, Udaivilas, Udaipur employees visited Mother Teresa Orphanage and Asha Dham Ashram for the poor, sick, mentally challenged and old people and supports them by taking care of their daily needs. EIH Ltd – Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. Its authorized share capital is Rs. The candidates are paid a stipend and transportation during the training period. In accordance with the Section 177(9) of the Act and rules framed thereunder read with Regulation 22 of the Listing Regulations, the Company has a Whistleblower Policy in place for its Directors and Employees to report concerns about unethical behaviour, actual or suspected fraud or violation of the Company''s Code of Conduct, "The Oberoi Dharma". The hotel also promotes "Dhonk", a socially responsible enterprise that aims at creating sustainable jobs for local villagers through art and crafts. The expenditure on foreign exchange during the Financial Year was Rs. The Board takes this opportunity to thank all employees for their commitment, dedication and co-operation.