The Company has constituted a qualified and independent Audit Committee as required under Section 177(1) of the Companies Act, 2013. The Audit committee functions under the Chairmanship of Mr. CA. N V Mahadevan, Non-Executive (Independent) Director. There are one other Independent Director and the Managing Director in the audit committee, who possess sound knowledge of accounts, finance, audit and legal matters. The company secretary acts as the Secretary of the Audit Committee.

The Nomination and Remuneration Committee is constituted to ensure that eminent and experienced persons are appointed as Directors and to determine the Company’s policies on remuneration package for Directors and KMPs and other employees.

The Company has constituted Corporate Social Responsibility Committee (CSR) which have substantial roles and responsibilities in respect of projects to bere commended to the Board and also for the monitoring of the CSR projects, reporting. Corporate Social Responsibility Policy (CSR Policy) indicating the activities to be undertaken by the Company, which has been approved by the Board.

The company has constituted a Stakeholders Relationship Committee under the chairmanship of an independent director, to monitor the investor complaints/grievances, ensure quick redressal of investor complaints associated with transfer/ transmission of shares, non-receipt of Balance Sheet, Dividend warrants etc…

Maben Nidhi Limited has adopted the POSH Policy and constituted Internal Complaints Committee, for the protection of women against sexual harassment at work place. Further the Board of Directors re-constituted the Internal Complaints Committee with the following members at their meeting held on 31st March 2023.