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Rathi Steel And Power introduces Stainless Steel Rebars ("RU" SS Rebars) to replace traditional MS TMT Rebars in construction, aiming to revolutionize the industry by addressing existing limitations.

Board and Committee(s)

Sh. Mahesh Pareek

Sh. Mahesh Pareek aged about 60 Years is a very experienced veteran of the Industry having about 40 years of experience in marketing, Accounts, Secretarial work, Strategic planning etc. across various companies / Groups, including PVM Polytex Limited, Rathi Group etc. He has been appointed as Managing Director of the Company .

Rajesh Khurana

Sh Rajesh Khurana aged about 65 years is a very experienced veteran of the Steel Industry having more than 40 years of experience in sales, marketing and business development for various groups in Steel Industry. He played a key role in retail market development for various Companies.

Mr. Abhishek Verma

Mr. Abhishek Verma aged 30 years is a young and dynamic person having experience of more than seven Years. He has been appointed as Director of Company since May 2018.

Ms. Surbhi Pareek

Ms. Surbhi Pareek is a Commerce graduate and holds knowledge and expertise in advertising / marketing and Personal Relationship She holds Post Graduation Diploma in Advertising & PR.

Mrs Sonika Sharma

Mr Arpan Kumar Atrey

Mr Arpan Kumar Atrey is a Graduate and has a vast experience of the Steel Industry of more than 20 years in various known Groups. He played key role in product launching etc.

Role and Functions of Independent Director

Help in bringing an independent judgment to bear on the Board's deliberations especially on issues of strategy, performance, risk management, resources, key appointments and standards of conduct;
Bring an objective view in the evaluation of the performance of board and management;
Scrutinise the performance of management in meeting agreed goals and objectives and monitor the reporting of performance;
Satisfy themselves on the integrity of financial information and that financial controls and the systems of risk management are robust and defensible;
Safeguard the interests of all stakeholders, particularly the minority shareholders;
Balance the conflicting interest of the stakeholders;
Determine appropriate levels of remuneration of executive directors, key managerial personnel and senior management and have a prime role in appointing and where necessary recommend removal of executive directors, key managerial personnel and senior management;
Moderate and arbitrate in the interest of the company as a whole, in situations of conflict between management and shareholder's interest.

Duties of Independent Director

Undertake appropriate induction and regularly update and refresh their skills, knowledge and familiarity with the company;
Seek appropriate clarification or amplification of information and, where necessary, take and follow appropriate professional advice and opinion of outside experts at the expense of the company;
Strive to attend all meetings of the Board of Directors and of the Board committees of which he is a member;
Participate constructively and actively in the committees of the Board in which they are chairpersons or members;
Strive to attend the general meetings of the company;
Where they have concerns about the running of the company or a proposed action, ensure that these are addressed by the Board and, to the extent that they are not resolved, insist that their concerns are recorded in the minutes of the Board meeting;
Keep themselves well informed about the company and the external environment in which it operates;
Not to unfairly obstruct the functioning of an otherwise proper Board or committee of the Board;
Pay sufficient attention and ensure that adequate deliberations are held before approving related party transactions and assure themselves that the same are in the interest of the company;
Ascertain and ensure that the company has an adequate and functional vigil mechanism and to ensure that the interests of a person who uses such mechanism are not prejudicially affected on account of such use;
Report concerns about unethical behaviour, actual or suspected fraud or violation of the company's code of conduct or ethics policy;
Act within their authority, assist in protecting the legitimate interests of the company, shareholders and its employees;
Not disclose confidential information, including commercial secrets, technologies, advertising and sales promotion plans, unpublished price sensitive information, unless such disclosure is expressly approved by the Board or required by law.

Committees

Audit Committee

The Audit Committee comprises 3 (three) Members out of which two are Independent Directors. The Composition of Audit Committee is as under:

Sr. No	Name of Directors	Position
1.	Ms. Surbhi Pareek	Chairman
2.	Mr. Prem Narain Varshney	Member
3.	Mrs. Sonika Sharma	Member

Nomination and Remuneration Committee

The Nomination and Remuneration Committee of the Company consists of Non-Executive and Independent Directors. The Composition of Nomination and Remuneration Committee is as under: