Page 179 - Hitachi IR 2025

The composition of the Stakeholders’ Relationship Committee as of March 31, 2025 and the attendance of
members at the Meetings held during the financial year 2024-25 are as follows:
Members of the
Committee Designation No. of Meetings
Held Attended
Ms. Meena Ganesh Chairperson, Independent Director 4 4
Mr. Mukesh Butani Independent Director 4 4
Mr. Nuguri Venu Managing Director and CEO 4 4
Mr. Ismo Antero Haka Non-Executive, Non-Independent Director 4 4
Mr. Poovanna Ammatanda, General Counsel, Company Secretary and Compliance Officer is the Secretary to
the Committee.
There were no investor queries/ investor grievances pending during the period under review. Continuous efforts
are made to ensure that grievances are more expeditiously redressed to the complete satisfaction of the investors.
The details of investors’ complaints received and resolved during the financial year 2024-25 are as under:
No. of investors’ complaints
received during FY 2024-25
No. of investors’ complaints
resolved during FY 2024-25
No. of Investors’ complaints
pending at the end of FY 2024-25
13 13 0
7. RISK MANAGEMENT COMMITTEE:
The Company has in place a mechanism to inform Board Members about the risk assessment and
minimization procedures and review to ensure that executive management controls risk by means of a properly
defined framework. The Company has formulated a Policy on Risk Management and constituted a Risk
Management Committee.
The terms of reference and Role of the Risk Management Committee are as per the provisions of
Regulation 21 of the SEBI Listing Regulations which includes formulating the criteria to:
1) To formulate a detailed Risk Management Policy which shall include:-
(a) A framework for identification of internal and external risks specifically faced by the listed entity,
in particular including financial, operational, sectoral, sustainability (particularly, ESG related risks),
information, cyber security risks, or any other risk as may be determined by the Committee.
(b) Measures for risk mitigation including systems and processes for internal control of identified risks.
(c) Business continuity plan.
2) To ensure that appropriate methodology, processes and systems are in place to monitor and evaluate risks
associated with the business of the Company.
3) To monitor and oversee the implementation of the Risk Management Policy, including evaluating the
adequacy of risk management systems.
4) To periodically review the Risk Management Policy, at least once in two years, including by considering the
changing industry dynamics and evolving complexity.
5) To keep the Board of Directors informed about the nature and content of its discussions, recommendations
and actions to be taken.
6) The appointment, removal and terms of remuneration of the Chief Risk Officer (if any) shall be subject to
review by the Risk Management Committee.
Further, the list of tentative risks was also revisited and adopted in consonance with the industry and market trends.
Two meetings were held during the financial year viz., May 21, 2024 and October 29, 2024.
The Committee is chaired by Mr. Mukesh Butani, Independent Director. Mr. Poovanna Ammatanda, General
Counsel, Company Secretary and Compliance Officer is the Secretary to the Risk Management Committee.
Integrated Annual Report 2024-25
177