The Board has established an Audit Committee. Issues which are normally tackled by a Corporate Governance Committee and/or Nomination Committee will be addressed by the Board.

Audit Committee

The Audit Committee is governed by a Charter which was approved by the Board. The Committee was set up on 26 August 2022 and currently comprises the following members:-

• Mr Manickchand Beejan - Chairperson
• Mr Sokappadu Ramanaidoo - Member
• Mr Rabin Rampersad - Member

The duties of the Committee include amongst others:-

  • Examining and reviewing the quality and integrity of the financial statements and interim reports of the Company including its annual report;
  • Ensuring compliance with International Financial Reporting standards and legal requirements;
  • Keeping under review the effectiveness of the Company’s systems of internal control, including internal financial control and business risk management and maintaining effective internal control systems;
  • Considering and making recommendations to the Board, to be put to shareholders for approval at the Annual Meeting of Shareholders, in relation to the appointment, re-appointment and removal of the Company’s External Auditor; and
  • Making recommendations to the Board as it deems appropriate, on any area within its remit where action or improvement is needed.