Committees of Board

The Gopalpur Tea Company Limited has the following Board-level Committees:

(A) AUDIT COMMITTEE;

(B) NOMINATION AND REMUNERATION COMMITTEE;

(C) STAKEHOLDERS’ RELATIONSHIP COMMITTEE;

All decisions pertaining to the constitution of the committees, appointment of members in different committees and fixing of terms of reference for the committees was and will be taken by the Board of Directors of the Company. These Committees help to delegate particular matters that require greater and more focused attention. They also prepare the groundwork for decision making and recommend their views to the Board. As per Regulation 46(2)(c) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 the present Composition of various committees of the Board of Directors are as follows:

A. AUDIT COMMITTEE:

The Audit Committee acts in accordance with the Broad terms of reference specified in writing by the Board of Directors in adherence to the relevant applicable laws and the role, review of information & the scope of its activities includes the areas laid out in the relevant applicable Section 177 read with the Rule 6 & 7 of The Companies (Meeting of Board and its Powers) Rules, 2014 of the Companies Act, 2013 and Regulation 18 read with Part C of Schedule II of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (if Applicable).

B. NOMINATION AND REMUNERATION COMMITTEE:

The role of the Nomination and Remuneration Committee includes the areas laid out in the relevant applicable Section 178 read with the Rule 6 & 7 of The Companies (Meeting of Board and its Powers) Rules, 2014 of the Companies Act, 2013 and Regulation 19 read with Part D of Schedule II of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (if Applicable).

C. STAKEHOLDERS RELATIONSHIP COMMITTEE:

The role of the Stakeholders Relationship Committee includes the areas laid out in the relevant applicable Section 178 read with the Rule 6 & 7 of The Companies (Meeting of Board and its Powers) Rules, 2014 of the Companies Act, 2013 and Regulation 20 read with Part D of Schedule II of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (if Applicable).