Current Financial Year

Board of Directors

Details of the Board of Directors in terms of their directorships/ memberships in committees of public companies (excluding HDFC) as on March 26, 2013 are as under:

Sr. No.	Name of Director	Category*	No. of Directorship**	No. of Committees***
Sr. No.	Name of Director	Category*	No. of Directorship**	Member	Chairperson
1	Mr. Deepak S. Parekh	Non Executive Chairman	9	6	2
2	Mr. Keshub Mahindra	Vice Chairman	4	0	0
3	Mr. Shirish B. Patel	Independent	1	0	0
4	Mr. B. S. Mehta	Independent	14	9	5
5	Mr. D. M. Sukthankar	Independent	3	2	1
6	Mr. D. N. Ghosh	Independent	4	0	0
7	Dr. S. A. Dave	Independent	8	6	2
8	Dr. Ram S. Tarneja	Independent	10	6	1
9	Mr. N. M. Munjee	Independent	14	9	5
10	Dr. Bimal Jalan	Independent	0	0	0
11	Dr. J. J. Irani ^$	Independent	3	1	0
12	Mr.V.Srinivasa Rangan	Executive Director	13	9	0
13	Ms. Renu Sud Karnad	Managing Director	13	6	4
14	Mr. Keki M. Mistry	Vice Chairman & Chief Executive Officer	13	10	4
$ At the 35th Annual General Meeting of the Shareholders of the Corporation held on July 11, 2012, Dr. J. J. Irani was appointed as a director liable to retire by rotation. * All Independent directors have confirmed having met the criteria laid under Clause 49 (I) (A) (iii) of the listing agreements relating to Corporate Governance. Directorships do not include alternate directorships, directorships of private limited companies (except private limited companies that are subsidiaries of a public limited company) and of companies incorporated outside India. * In terms of Clause 49 (I) (C) (ii) of the Listing Agreements, a director cannot become a member in more than 10 committees or act as Chairman of more than 5 committees across all public companies in which he is a director. For this purpose, only Audit Committee and Investors' Grievance Committee are required to be considered. Excluding the directorships mentioned above, Mr. Deepak S. Parekh and Mr. B. S. Mehta are alternate directors in 2 and 1 companies, respectively.