Sembcorp Energy India Limited (SEIL) is in compliance with the corporate governance norms prescribed under the SEBI Listing Regulations and the Companies Act 2013 in relation to the composition of our Board and constitution of committees thereof.
Our corporate structure, business, operations, and disclosure practices are aligned to the global practices. SEIL is committed to conducting business fairly, ethically and in accordance with applicable laws of the land. Our management processes, including our commitment to the environment and sustainability, aim to reflect the robust governance practices of the Sembcorp group.
SEIL has eight Directors on its Board, comprising one executive Director, three non-executive Directors and four independent Directors. Further, we have two women directors on our Board. The board is collectively responsible for providing overall strategic direction and ensuring the long-term success of SEIL’s business.
The board and management of SEIL recognises that well-defined corporate governance processes are essential in enhancing corporate accountability and long-term sustainability, and are committed to high standards of governance to preserve and maximise shareholder value.