ICICI Bank 2014 Annual Report Download - page 33

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Annual Report 2013-2014 31
XII. Other Committees
Inadditionto theabove,theBoardhas fromtimetotimeconstituted variouscommittees,viz.,Asset
LiabilityManagementCommittee,CommitteeforIdentificationofWilfulDefaulters,GrievanceRedressal
CommitteeforborrowersidentifiedasWilfulDefaulters,CommitteeofSeniorManagement(comprising
certainwholetimeDirectorsandexecutives)andCommitteeofExecutives,ComplianceCommittee,Product
&ProcessApproval Committee, Regional Committees for Indiaand overseas operations, Outsourcing
Committee,OperationalRiskManagementCommitteeandotherCommittees(allcomprisingexecutives).
Thesecommitteesareresponsibleforspecificoperationalareaslikeassetliabilitymanagement,approval
of credit proposals, approval of products and processes and management of operational risk, under
authorisation/supervisionoftheBoardanditsCommittees.
XIII. General Body Meetings
ThedetailsofGeneralBodyMeetingsheldinthelastthreeyearsaregivenbelow:
General Body Meeting Day, Date Time Venue
SeventeenthAGM Monday,June27,2011 1.30p.m. ProfessorChandravadanMehta
Auditorium,GeneralEducation
Centre,OppositeD.N.HallGround,
TheMaharajaSayajiraoUniversity,
Pratapgunj,Vadodara390002
EighteenthAGM Monday,June25,2012 12.15p.m.
NineteenthAGM Monday,June24,2013 1.15p.m. SirSayajiraoNagargruh,Vadodara
MahanagarSevaSadan,NearGEB
Colony,OldPadraRoad,Akota,
Vadodara390020
ThedetailsoftheSpecialResolutionspassedintheGeneralMeetingsheldinthepreviousthreeyears
aregivenbelow:
General Body Meeting Day, Date Resolution
AnnualGeneralMeeting Monday,June25,2012 Enhancement of limit for Employee Stock
Options to ten percent of aggregate of the
number of issued equity shares of the Bank
andconsequentapprovaltocreate,offer,issue
andallotequitysharesunderEmployeeStock
OptionSchemeto:
• permanentemployeesandDirectorsofthe
Bank
• permanentemployeesandDirectorsofthe
subsidiariesoftheBank
Postal Ballot
At present, no special resolution is proposed to be passed through postal ballot. No resolution was
passedthroughpostalballotduringfiscal2014.
XIV. Disclosures
1. There are no materially significant transactions with related parties i.e. directors, management,
subsidiariesorrelativesconflictingwiththeBank’sinterests.TheBankhasnopromoter.
2. PenaltiesorstricturesimposedontheBankbyanyofthestockexchanges,theSecurities&Exchange
BoardofIndia(SEBI)oranyotherstatutoryauthority,foranynon-complianceonanymatterrelating
tocapitalmarkets,duringthelastthreeyearsaredetailedhereunder: