Familiarisation Programme for Independent Director

This Familiarization Program (“the Program”) for Independent Directors of Varyaa Creations Limited (“the Company”) has been adopted by the Board of Directors pursuant to SEBI (Listing Obligations and Disclosure requirements) Regulations, 2015 and Companies Act, 2013.

Purpose

The Program aims to provide insights into the Company to enable the Independent Directors to understand its business in depth and contribute significantly to the Company.   

Familiarization Process

• The Company shall through its Executive Directors/ Senior Managerial Personnel conduct programs/ presentations periodically to familiarize the Independent Directors with the strategy, operations and functions of the Company;

• Such programs/ presentations will provide an opportunity to the Independent Directors to interact with the senior leadership team of the Company and help them to understand the Company’s strategy, business model, operations, service and product offerings, markets, organization structure, finance, human resources, technology, quality, facilities and risk management and such other areas as may arise from time to time; 

• The programs/ presentations shall also familiarize the Independent Directors with their roles, rights and responsibilities;  

• The Company may circulate news and articles related to the industry on a regular basis and may provide specific regulatory updates from time to time; and 

• The Company may conduct an introductory familiarization program/ presentation, when a new Independent Director comes on the Board of the Company.  

Disclosure of the Policy   

This Policy shall be uploaded on the Company’s website for public information. 

Review of the Program

The Board will review this Program and make revisions as may be required. 

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