Familiarisation programme for Independent Directors

The Company follows a structured orientation and training programmes for its Independent Directors to acclimatize and familiarize them with the business & operations of the Company and nature of the industry in which it operates.

Independent Directors are regularly familiarized with the Company’s operations through presentations delivered at meetings of the Board, Audit Committee, Risk Management and ESG Committee, Stakeholders’ Relationship Committee and the Corporate Social Responsibility Committee. These sessions provide opportunities for Directors and Committee Members to interact with the Senior Management Team, as well as the Statutory and Internal Auditors. The presentations typically cover business performance, operating results, budget comparisons, management outlook, economic and industry developments, sectoral updates, and other relevant matters. Additionally, meetings were facilitated between Auditors and Independent Directors without the presence of management, ensuring independent discussions and unbiased oversight.

The Independent Directors are kept aware and are being updated on a monthly basis by way of an internal Monthly Reading Pocket which includes the Corporate Communique, Investor Relations Connect, Benchmarking, Law Bytes, Law Buzz, gLAWssary, Risk and Trade Updates and Tax Updates about their role, responsibilities and duties, the changes in the regulatory framework and its impact on the Company.

In addition, Directors are kept informed of significant developments within the Company and across its operating units through emails and other modes of communication. This ensures that they remain consistently updated and engaged with the Company’s activities and strategic direction.

Business and Industry

• Overview of the Company
• Growth Journey
• Businesses [Aluminium (Novelis & India), Copper, Fenestration, Aeronautical and others]

Managing Director,
Head - Investor Relations

Board Meeting

Finance and Treasury

• Financial Performance Standalone and Consolidated,
• Investments & Borrowings

Chief Financial Officer

Board  and Audit Committee Meetings

Price Risk Management

• Hedge Position,
• Commodity Market and
• Currency Markets

Head - Price Risk Management

Risk Management & ESG Committee Meeting

Enterprise Risk Management

Enterprise Risk Management - West Asia war crisis watch

Respective Business / Function Heads

Risk Management & ESG Committee Meeting

Environment,  Sustainability and Governance

Environment Social Governance - ESG ratings.

Head - Sustainability

Board and Risk Management & ESG Committee Meetings

Legal and Regulatory Compliance

• Corporate   Governance Compliances
• All Statutory Compliances
• Regulatory Updates

Company Secretary & Compliance Officer

Board Meetings, Audit Committee Meetings, Stakeholders’ Relationship Committee, Monthly Pocketand e-mail updates as and when relevant.

Safety

• Safety measures and practices at various Units, Fatalities/LTI, if any
• Action Plan

Managing Director

Board and Audit Committee Meetings

Social Responsibility

• CSR Project Planning
• CSR Budget
• CSR Expenditure review

Head: CSR

Corporate Social Responsibility Committee Meeting