The concept of Corporate Governance has slowly and gradually entered a phase of global recognition and acceptability. The principal driver to this has been an ongoing recognition on the part of the Corporate community coupled with regulation driven initiatives which have made fairness, accountability, transparency and ethical conduct of hallmarks of maximizing stakeholder value.

At GEECL, our pursuits towards achieving good governance is an ongoing process, as a conscious effort thereby ensuring growth, transparency, accountability and responsibility in all our dealings with our Stakeholders and Community at large. The Company is committed to achieve highest standards of Corporate Governance.

Board of Directors of the Company consists of an optimal blend of Executive Directors and Independent Directors who have in-depth knowledge of business, in addition to expertise in their areas of specialisation. The Company has also constituted various Committees of Board viz. Audit Committee, Remuneration Committee and Share Transfer Committee. The compositions of said Committees of Board are as follows:

Audit Committee	Remuneration Committee	Share Transfer Committee
Mr. Kashi Nath Memani	Mr. Pejavar Murari	Mr. Yogendra Kr. Modi
Mr. Paul Zuckerman	Mr. Kashi Nath Memani	Mr. Haigreve Khaitan
Mr. Pejavar Murari	Mr. Haigreve Khaitan	Mr. Prashant Modi
		Mr. Parveen Arora

GEECL is fully compliant with various compliance and disclosure requirements, which have been prescribed pursuant to the London Stock Exchange’s Alternate Investment Market (AIM) Rules and are applicable to the AIM Listed Companies.

GEECL is fully compliant with various compliance and disclosure requirements, as per Indian law.