Page 171 - Hitachi IR 2025

(d) (e) (f) (g) All Directors on the Board comply with the requirements stated in Regulation 26(1) of the SEBI Listing
Regulations. They are not members of more than 10 Committees or Chairpersons of more than 5 Committees
across all public companies in which they hold Director positions. The necessary disclosures regarding
committee positions have been made by all the Directors.
None of the Directors holds office in more than 10 public companies as prescribed under Section 165(1)
of the Act. Furthermore, in compliance with Regulation 17A of the SEBI Listing Regulations, none of the
Non-Executive Directors serve as Independent Directors in more than 7 listed companies. It is important to
note that Mr. Nuguri Venu, Managing Director and CEO (DIN: 07032076) does not serve as an Independent
Director in any listed company.
Directors of the Company do not hold any shares in the Company. The Company has not issued any
convertible instruments, during the year under review.
No. of Board Meetings held in the financial year 2024-25 (i.e., April 01, 2024 to March 31, 2025) and
the dates on which held:
Six (6) Board Meetings were held during the financial year 2024-25 viz., (1) May 21, 2024; (2)
July 24, 2024; (3) August 21, 2024; (4) October 29, 2024; (5) January 18, 2025 and
(6) January 29, 2025.
The gap between the two Meetings did not exceed 120 days and the Meetings were conducted in
compliance with all applicable laws. The necessary quorum was present for all the Board Meetings.
 Attendance of Directors at the Board Meetings and Annual General Meeting (AGM) held during the
financial year 2024-25:
Attendance
Sl.
No. Name of the Director
Board Meetings
held during the year
Board Meetings
attended
Whether present at AGM
held on August 21, 2024
1. Mr. Nuguri Venu 6 6 Yes
2. Mr. Achim Michael Braun 6 6 Yes
3. Mr. Ismo Antero Haka 6 6 Yes
4. Mr. Mukesh Butani 6 6 Yes
5. Ms. Akila Krishnakumar 6 6 Yes
6. Ms. Meena Ganesh 6 6 Yes
Directorship in Others Listed Entities as on March 31, 2025 and Category of Directorship:
Sl.
No. Name of the Director Name of the other listed entities Category of directorship
1. Mr. Nuguri Venu NIL NIL
2. Mr. Achim Michael Braun NIL NIL
3. Mr. Ismo Antero Haka NIL NIL
4. Mr. Mukesh Butani Latent View Analytics Limited Independent
Dabur India Limited Independent
United Spirits Limited Independent
Bata India Limited Independent
5. Ms. Akila Krishnakumar IndusInd Bank Limited Independent
TTK Prestige Limited Independent
Matrimony.com Limited Independent
6. Ms. Meena Ganesh Pfizer Limited Independent
Pidilite Industries Limited Independent
Axis Bank Limited Independent
Board’s Core Skills/ Expertise/ Competencies:
For effective functioning of the Board, the Company’s Board needs to have skills/expertise/competencies
in the areas of Business, Finance & Accounting and Governance/Legal. The Company’s Board comprises
of people from diverse fields and across Globe.
Integrated Annual Report 2024-25
169