As an important step towards corporate governance and part of compliance under clause 49 of the SEBI Guidelines for the listed Companies, SRSL has constituted its Board of Directors by inducting professionals, independent persons of stature in Sugar industry and nominees of strategic lenders . In order to have efficient and effective control over the operations of the Company in line with the Corporate Governance the following committees have been formed-

Audit Committee - Comprising of three independent Directors. Viz., Mr. Sanjay Asher, Chairman, Mr. Robert Taylor, Mr. Hrishikesh Parandekar.The statutory auditors, internal auditors and Head of Finance will be attendees . The broad terms of reference of the audit committee are as follows

•  Review of the Company's financial reporting process and its financial statements

•  Review of accounting and financial policies and practices

•  Review of the internal Control and internal audit systems.

•  Review of Risk Management policies and practices

Risk Management Committee Comprising of following Directors and Officers of the Company to monitor price fluctuation and review financial and risk management policy of the Company.

Mr. Narendra M.Murkumbi , Managing Director.

Mr. Nandan V. Yalgi , Director (Commercial)

Mr. Robert Taylor ,Independent Director.

Mr. C.Dwaraka Nath Acharya- CFO

Mr. Abhay Deshpande , VP (Biofuels & Sales)

Mr. Rajshekhar Charantimath, DGM (Finance)

Mr. Nitin Bhandari , Senior Manager (Futures)