
Corporate Governance19 Aug 2026, 04:16 pm
Noida Toll Bridge Company Reconstitutes Director Committees
AI Summary
Noida Toll Bridge Company Ltd has reconstituted its Audit Committee, Nomination & Remuneration Committee, Stakeholders Relationship Committee, and Those Charged with Governance (TCWG). This reconstitution was necessitated by the induction of an Independent Director to the Board. The company noted that the National Company Law Tribunal (NCLT) had previously granted exemptions regarding the appointment of Independent Directors and Woman Directors to IL&FS and its group companies, including Noida Toll Bridge Company Limited. The filing details the new composition of these committees.
Key Highlights
- Director committees reconstituted due to new Independent Director induction.
- Audit, Nomination & Remuneration, and Stakeholders committees updated.
- NCLT exemption for Independent Director appointments noted.
- TCWG committee composition also revised.
Price Impact
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