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Familiarization Programme For Independent Directors

The document outlines a familiarization program for independent directors of Lemon Tree Hotels Limited. It details the program's purpose of familiarizing directors with the company, their roles and responsibilities, the nature of the industry, and the company's business model. It describes the familiarization process involving presentations by management on the company's strategy, operations, and industry. It also includes sessions by external consultants on the roles and rights of directors. The program will be conducted as needed and details will be disclosed on the company's website.

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Sachin Kumar Sakri
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37 views2 pages

Familiarization Programme For Independent Directors

The document outlines a familiarization program for independent directors of Lemon Tree Hotels Limited. It details the program's purpose of familiarizing directors with the company, their roles and responsibilities, the nature of the industry, and the company's business model. It describes the familiarization process involving presentations by management on the company's strategy, operations, and industry. It also includes sessions by external consultants on the roles and rights of directors. The program will be conducted as needed and details will be disclosed on the company's website.

Uploaded by

Sachin Kumar Sakri
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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FAMILIARIZATION PROGRAMME FOR INDEPENDENT DIRECTORS

This Familiarization Program (“the Program”) for Independent Directors of Lemon Tree
Hotels Limited (“the Company”) is pursuant to the Securities and Exchange Board of India
(Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”).

1. PREAMBLE

The Listing Regulations stipulates that:

a) The Company shall familiarize the Independent Directors with the Company, their roles,
rights, responsibilities in the Company, nature of the industry in which the Company
operates, business model of the Company, etc., through various programmes.

b) The details of such familiarization programmes shall be disclosed on the Company’s


website and a web link thereto shall be given in the Annual Report.

2. PURPOSE

The Program aims to familiarize the Independent Directors with the Company, their roles,
rights, responsibilities in the Company, nature of the industry in which the Company
operates, business model of the Company so that they can contribute in a meaningful way
to the Company.

3. FAMILIARIZATION PROCESS

The Company shall through its Executive Directors / Senior Management Personnel conduct
programs / presentations / meetings to familiarize the Independent Directors with the
strategy, operations and functions of the Company and its subsidiaries and the Industries in
which the Company operates. Such programs / presentations / meetings 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 Company shall also through external consultants and experts
apprise the Independent Directors about their roles, rights, responsibilities in the Company.

Lemon Tree Hotels Limited


(CIN No. L74899DL1992PLC049022)
Registered Office: Asset No. 6, Aerocity Hospitality District, New Delhi-110037
T +91 11 4605 0101, F +91 11 46050110. E [email protected] www.lemontreehotels.com
4. FAMILIARIZATION MODULE FOR INDEPENDENT DIRECTORS

4.1 The module will be on following lines and will be restructured as and when necessary

a. Objective

The Company will follow an orientation programme for the Independent Directors to get
them updated on the business and operations of the Company on a continuous basis.

b. Orientation module for new and existing Directors

Overview of business, operations and Executive Directors / Senior


business model of the Company Management Personnel
Overview of industry in which the Company
operates
Overview of business of subsidiaries
Technical session outlining their roles, rights External Consultants / Experts
and responsibilities in the Company as a
Board /Committee member

4.2 Familiarization programme will be conducted “as needed” basis during the year.

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

4.4 The details of such familiarization programme will be disclosed on the Company’s
website for public information and a web link for the same will also be provided in the
Annual Report of the Company.

5. REVIEW OF THE PROGRAM

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

Lemon Tree Hotels Limited


(CIN No. L74899DL1992PLC049022)
Registered Office: Asset No. 6, Aerocity Hospitality District, New Delhi-110037
T +91 11 4605 0101, F +91 11 46050110. E [email protected] www.lemontreehotels.com

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