An effective corporate governance is crucial for the management of a company's business affairs as well as for money market communication. Our commitment to higher corporate governance standards is our chance to:

  • Demonstrate our dedication to well-balanced and transparent rules to the market participants
  • Emphasize the importance of our clearly defined management tools and responsibilities internally

Palred believes that sound corporate governance is critical to enhance and retain investor trust. Accordingly, we always seek to attain performance with integrity. The Board extends its fiduciary responsibilities in the widest sense of the term and aims at enhancing long term shareholder value and respect minority rights in all business decisions.

Palred in its continuous initiative and drive towards good governance and accountability, has uphold the corporate governance through ethical business practices, integrity and transparent business operations. Palred has full support of the board and employees in the corporate governance initiative.

At the core of the corporate governance practice is the board, which oversees how the management serves and protects the interests of all the stakeholders of the company. Palred believes that an active, well informed and independent board is necessary to ensure highest standards of corporate governance.


Mr. Palem Srikanth Reddy ( Chairman & Managing Director )

Dr. T.R. Sivaramakrishnan ( Independent Director )

Mr. Mohan Krishna Reddy ( Independent Director )

Mr. Srinivas Prasad ( Independent Director )

Ms. M. Amala ( Independent Director )

Mr. Atul Sharma ( Additional Director )

Mr. S. Vijaya Saradhi ( Additional Director )


The Audit committee reviews, acts and reports to Board of Directors on:

  • Auditing and accounting matters, including appointment of statutory and internal auditors
  • Integrity of company financial statements, scope of annual audit, fees paid to statutory and internal auditors
  • Statement of related party transactions.
  • Performance of Internal audit functions, accounting standards.

Audit committee reviews the un-audited quarterly, half-yearly and audited annual financial results, with the management before submitting to the Board for its approval. The audit committee comprises of independent and non-executive directors. All the members of the Audit Committee are financially literate and the Chairman is financial management expertise


Dr. T.R. Sivaramakrishnan ( Chairman )

Mr. Srinivas Prasad ( Member )

Mr. Mohan Krishna Reddy ( Member )


The brief terms of reference of Remuneration Committee are

  • Auditing and accounting matters, including appointment of statutory and internal auditors
  • Integrity of company financial statements, scope of annual audit, fees paid to statutory and internal auditors

Dr. T.R.Sivaramakrishnan ( Chairman )

Mr. Mohan Krishna Reddy ( Member )


Stakeholder Relationship Committee administers the following

  • Transfer, Transmission of shares
  • Issue of Duplicate share certificates, as and when required
  • Redressal of Shareholders / Investors Grievances from time to time

The Investor grievance committee consists of following Independent and non-executive directors.

Dr. T.R. Sivarama krishnan ( Chairman )

Ms. M. Amala ( Member )

Mr. Mohan Krishna Reddy ( Member )