Board Diversity Policy

Purpose

The Board shall have an optimum combination of executive, non-executive and independent directors including women directors in accordance with international best practices and requirements of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Scope

This Policy is applicable to the Board of Directors of OIT and SPVs.

Policy Statement

In deciding the Board’s composition and appointing new directors, apart from ensuring a transparent nomination process to the Board of Directors, the Board’s diversity shall be considered from several aspects, including but not limited to gender, age, cultural and educational background, ethnicity, professional experience, skills, industry knowledge, perspective, and length of service.

Review

The Key Management Team (KMT) shall review this Policy periodically to ensure effectiveness of the Policy and recommend appropriate revisions to the Board for consideration and approval, if required.