Khandwala Securities Limited is a Company managed by Board and the Board meets at regular intervals to consider accounts, review of operations, formulate corporate policies and set up goals. The Board has constituted following committees:
The essential functions of the Audit Committee include review of systems and procedures, overseeing the functioning of internal audit, the effectiveness of controls, reporting processes and regulatory compliance.
The Committee comprises of Mr. S. M. Parande, Chairman of the Committee Mr. Kalpen Shukla and Mr. Rohit Chand
The Committee handles matters relating to transfers/transmissions of shares and monitors redressal of complaints from shareholders relating to transfers, non-receipt of balance sheet, non-receipt of dividends declared, etc.
The Shareholder / Investors Grievance Committee functions under the Chairmanship of Mr. S M Parande, Mr. Rohit Chand and Mr. Paresh J. Khandwala.
The role of the Remuneration / Compensation Committee is to review market practices and to decide on remuneration packages applicable to the Managing / Executive Directors and other Non-Executive Directors of KSL. The Committee comprises of Mr. Kalpen Shukla-Chairman, Mr. Rohit Chand, and Mr. Ajay Narasimhan.
The Committee deal with matters relating to periodically review of compliance related to all laws applicable to the company as well as steps taken by the company to prevent instances of non-compliances. The Committee considers matters relating to the Insider Trading Code and also considers matters relating to the KSL's Code of Conduct (CoC).
The Corporate Governance Committee functions under the Chairmanship of Mr. Paresh J Khandwala, and Mr. Ajay Narasimhan.