The corporate governance framework at Laurus Labs is based on an effective independent Board, separation of the Board’s supervisory role from the executive management team, constitution of the Board committees and formulation of policies, each as required under law, including SEBI Listing Regulations.
We comply fully with the requirements of applicable regulations, including the SEBI Listing Regulations, the Companies Act, and the SEBI ICDR Regulations, in respect of corporate governance. Currently, the board has 10 Directors, headed by the Chairman who is a non-executive and independent director.
We have five Executive Directors and five Non-Executive Independent Directors which includes one woman Director. The Board functions directly or through various committees constituted to oversee specific operational areas. The executive management reports regularly on the company’s performance.