Board Committees
AUDIT COMMITTEE

Mr. Nasar Us Samad Qureshi
Mr. Qaiser Saleem
Mr. Muhammad Mustafa Khan
Mr. Muhammad Mustafa Sohail
Mr. Murad Naseer Uddin Ansari

Chairman
Member
Member
Member
Member

The terms of reference are as per Code of Corporate Governance.

HUMAN RESOURCE AND REMUNERATION COMMITTEE

Mr. Muhammad Javed Rashid
Mr. Qaiser Saleem
Ms. Zara Salman Bandial
Mr. Raheel Asghar

Chairman
Member
Member
Member

The terms of reference are as follows:‐

  • Recommend to the Board for consideration and approval a policy framework for determining remuneration of directors (both executive and non-executive directors);
  • Recommending human resource management policies to the Board.
  • Recommending to the Board regarding the appointment of chief financial officer, company secretary and head of internal audit.
  • Keeping the structure, size and composition of the Board under regular review and for making recommendations to the Board with regard to any changes necessary.

 

FINANCE COMMITTEE

Mr. Sohail Bashir Rana,
Mr. Laeeq Uddin Ansari
Mr. Raheel Asghar

Chairman
Member
Member

The terms of reference are as follows

  • Product(s) pricing including tractors.
  • Approval of mutual funds for investment/disinvestment of Company funds.
  • Capital Expenditure as per authority table.
  • Review Budget proposals prior to finalization.
  • Approval of Traveling Abroad up to Executive Grade.
  • Retainership (approval and fixation of compensation).
  • Any matter(s) brought to the notice of committee for consideration.

The Chairman of the Board shall monitor functioning of the committee.

MARKETING COMMITTEE

1. Mr. Sohail Bashir Rana
2. Mr. Laeeq Uddin Ansari
3. Mr. Raheel Asghar

Chairman
Member
Member

The terms of reference are as follows

  • Formulation of sales/marketing strategy.
  • Appointment/termination of dealers including agreements.
  • Allowing commission /discounts.
  • Approval of priority for early delivery.
  • Introducing of incentive schemes.
  • Other matters relating to sales & marketing.

The Chairman of the Board shall monitor functioning of the committee.

BOARD’S COMMITTEE FOR GROUP SUPERVISION (BCGS)
  • Mr. Sikandar Mustafa Khan
  • Mr. Sohail Bashir Rana
  • Mr. Laeeq Uddin Ansari
  • Mr. Qaiser Saleem
  • Mr. Muhammad Mustafa Khan
  • Mr. Muhammad Mustafa Sohail
  • Mr. Murad Naseer Uddin Ansari

Chairman
Member
Member
Member
Member
Member
Member

The terms of reference are as follows

  • Approve plan for future growth, expansion and new project of the Company.
  • Review over all business performance.
  • Approve major projects including new investments.
ESG COMMITTEE
  1. Mr. Saad Iqbal
  2. Mr. Sohail Bashir Rana
  3. Ms. Zara Salman Bandial
  4. Mr. Raheel Asghar

Chairman
Member
Member
Member

The terms of reference shall be as follows

  • Monitor and review sustainability related risks and opportunities of the company.
  • Ensure DE&I practices are in effect at various board committees.
  • Oversee compliance of relevant laws pertaining to relevant sustainability related considerations and its appropriate disclosures.

Submit a report to the board, at least once a year, on embedding sustainability principles into the organization’s strategy and operations to increase corporate value.

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