Conditions for appointment of Independent Director as per Companies Act 2013

SR.	Conditions	Him/Her	Relatives
1	MD, Whole time director or nominee director of the Company	No	Yes Subject to fulfillment of SR No. 3 For Nominee Director’s relative no such condition
2	Promoter of the company or its holding, subsidiary or associate company	No	No
3	Person having pecuniary relationship or transaction with the Company its holding, subsidiary or associate company, or their promoters, or directors, during (Check current & past 2 financial years)	No	No if  transaction more than 2%  or more of its gross turnover or Rs. 50.00,000 or such amount as may be prescribed
4	Key Managerial Personnel of holding, subsidiary or associate company (Check for current and past 3 years financial years )	No	No
6	Employee or Proprietor or a Partner of a firm of Auditors, PCS, Cost Accountants of the of holding, subsidiary or associate company (Check of current and past 3 years financial years )	No	No
7	Employee or Proprietor or a Partner of a legal or consulting firm that has or had any transaction with the company its holding, subsidiary or associate company amounting to 10% or more of the gross turnover of such firm.	No	No
8	Holds 2% or more of the more of the total voting power of the Company.	No	No
9	CEO/Director of nonprofit organization that receives 25% or more of its receipts from the company any of its promoters, directors or its holding, subsidiary or associate company or that holds two per cent. or more of the total voting power of the company	No	No