The appointment of Independent Directors are formalized through a letter of appointment. This letter of appointment sets out the terms and conditions covering independent directors appointment which, inter alia, states role, duties and responsibilities, compliances under Company policies & disclosures etc.
The Company has adopted a policy for the training requirements of Board Members. BPCL nominates Part Time (Non-official) Directors for relevant training programmes / seminars conducted by reputed Institutions / Standing Conference of Public Enterprises (SCOPE) etc. Independent Directors are also extensively involved with process of co-creating the strategy and vision of the Company.
Besides, detailed presentation on the performance of respective Strategic Business Units (SBUs) along with risk mitigation measures are made by SBUs of the Company to Independent Directors periodically at the meetings
Details of Familiarization programmes held and other information