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Corrigendum – EOI for Empanelment of Technical Consultants for Due Diligence of Overseas Mineral assets 03/03/2023     | वित्तीय वर्ष 2022-23 के लिए अंतरिम लाभांश का भुगतान 22/02/2023     | Invitation of EOI for Technical Consultants for Overseas Mineral assets 03/03/2023     | कृपया ध्यान दें: शेयरधारक (शेयरधारकों द्वारा पैन, के.वाई.सी विवरण और नामांकन जमा करने की आवश्यकता) 15/12/2022     | नेल्लोर, आंध्र प्रदेश में यूएडीएनएल परियोजना के लिए एल्यूमीनियम मिश्र धातु फ्लैट रोल्ड उत्पाद (एफआरपी) बाजार के मांग-आपूर्ति विश्लेषण के लिए मार्केट रिसर्च फर्म का चयन 29/06/2022     | नालको के साथ अनुसंधान एवं विकास संयोजन/ तकनीकी के वाणिज्यिकरण हेतु निविदाएँ आमंत्रित हैं। 21/02/2022     | कृपया ध्यान दें: शेयरधारक (भौतिक प्रतिभूति धारकों द्वारा पीएएन,केवाइसी विवरण एवं नामांकन प्रदान करना आवश्यक) 16/12/2021     | Participate in Azadi Ka Amrit Mahotsav competitions. Contribute your renderings on Desh Bhakti Geet writing, Lori writing & Rangoli making at https://amritmahotsav.nic.in/competitions.htm 24/11/2021     | Visit: Ministry of Mines is organizing a national event to mark the Handing over of 100 G4 Mineral Blocks by GSI to the State Governments on September 8th, 2021, at 3 PM at New Delhi with FICCI 06/09/2021     | Geological Survey of India (GSI), under the aegis of Ministry of Mines is organizing a national event to mark the Handing over of 100 G4 Mineral Blocks by GSI to the State Governments on September 8th, 2021, at 3 PM at New Delhi with FICCI. Click here to register. 06/09/2021     | “कृपया ध्यान दें: शेयरधारक ((ई-मेल आईडी और मोबाइल नंबर का पंजीकरण) 13/08/2021     | Global Tender Enquiry (GTE) for Engagement of EPCM Consultant for Establishing Facility for Aluminium Alloy Melting, Slab Casting and Flat Rolled Products Production Facility at Nellore, Andhra Pradesh, India. 10/08/2021     | Request for Expression of Interest for Lithium Ore Offtake from reputed Indian Firm(s) / Lithium Processing Technologist / Consortium from prospective mining facilities of KABIL and its international partners for import of ore/product to India 03/08/2021     | भारत के राष्ट्रगान के लिए अपने प्रस्तुतिकरण का योगदान करेंः https://rashtragaan.in/ 02/08/2021     | NIT for Engagement of Consultant for preparation of EIA and EMP study to obtain EC to set up High End Aluminium Alloy project by “Utkarsha Aluminium Dhatu Nigam Ltd.” 16/07/2020     | Deposit of one time Registration fees for PRMBS 26/06/2020     | Covid Mailer from Ministry 06/05/2020     | Integrated Govt. Online Training ( iGOT) courses on DIKSHA platform on Covid 19 pandemic 22/04/2020     | Circular : Integrated Govt. Online Training (iGOT) courses on DIKSHA platform on COVID-19 pandemic 22/04/2020     | EOI – for SUPPLY, INSTALLATION, OPERATION AND MAINTENANCE OF GPS & GPRS BASED INTEGRATED RAKE TRACKING SYSTEM IN CAPTIVE POWER PLANT, ANGUL, ODISHA 11/04/2020     | Advertisement of PESB for the post of Director(Commercial) 18/03/2020     | The corrigendum against the Advt. no 10200101 13/03/2020     | आज माननीय खान मंत्री श्री प्रल्हाद जोशी की उपस्थिति में संयुक्त उद्यम खनिज बिदेश इंडिया लिमिटेड (KABIL) का समझौता खान मंत्रालय के अंतर्गत नालको, एचसीएल और एमईसीएल द्वारा किया गया | 01/08/2019     | 2019-20 के लिए PRMBS योगदान का संशोधन 02/04/2019     | अनुसूचित जाति/अनुसूचित जनजाति के उद्यमियों से विक्रेता पंजीकरण के लिए बुलावा 24/01/2019     | कें.सा.क्षे.उ. इंटरनेट के लिए समन्वय ज्ञान प्रबंधन पोर्टल के बारे में जानकारी 10/08/2018     | सार्वजनिक सूचना 26/01/2018     |

(iii) The procedure followed in the decision making process, including channels of supervision and accountability

The Organisation Chart of the Company giving the details of channels and supervision is given at Annexure – 1 & Annexure – 2 Delegation of Powers(DOP), as amended from time to time, is followed to take decisions/approvals for various matters by different levels of officers of the Company for efficient conduct of day to day affairs of the Company.

The decisions making process in the Company involves the following Channel:

Overall management of the Company rests with the Board of Directors of the Company, the highest decision making body within the Company.

The Board of Directors is accountable to the shareholders of the Company, which is the ultimate authority of a Company. Since 81.06% of the equity share capital of the Company is held by the Govt. of India, NALCO is a Government company. Therefore, the Board of Directors of the Company is also accountable to Government of India.

As per the provisions of the Companies Act, 1956 certain matters require the approval of the shareholders of the Company in general meeting. Similarly, in terms of the Articles of Association of the Company and guidelines of Department of Public Enterprises certain matters require the approval of the President of India

The primary role of the Board is that of trusteeship to protect and enhance shareholders’ value. The Board oversees the Company’s strategic direction, reviews corporate performance, authorizes and monitors strategic decision, ensures regulatory compliance and safeguards interests of shareholders. The Board ensures that the Company is managed in a manner that fulfils stakeholders aspirations and societal expectations.

The day-to-day management of the Company is entrusted with the Chairman –cum- Managing Director, who is supported by Functional Directors and other senior Officers of the Company.

The Board of Directors has also set up several Committees with specific functions and powers.For effective discharge of his functions, the Board of Directors has delegated substantial powers to the Chairman-cum- Managing Director. The Chairman –cum-Managing Director, in turn, sub-delegated specified power to Functional Directors and other Officers subject to due control being retained by him and subject to such conditions which are consistent with the need of prompt, effective and efficient discharge of responsibilities entrusted to such a Director/Officer. Delegation of Powers(DOP), as amended from time to time, is followed to take decisions/approvals for various matters by different levels of officers of the Company for efficient conduct of day to day affairs of the Company.

The Chairman–cum-Managing Director is accountable to the Board of Directors. Functional Directors are accountable to the Chairman –cum- Managing Director. The Officers are accountable to concerned Functional Directors.

NALCO signs every year Memorandum of Understanding (MoU) with the Administrative Ministry, Ministry of Mines, Govt. of India. The targets agreed between NALCO and the Ministry of Mines, Govt. of India for the year is shown in the MoU. The MoU can be viewed at “Recent Notices” page of our website.