Page 26 - Apraava Energy Report_01-73

26 Energy in action

Effective corporate governance is an imperative for Robust and good governance
the long-term growth of Apraava Energy. Our
philosophy of corporate governance is guided by our policies are required to achieve
commitment to protect the rights of stakeholders,
manage risks and create long-term value for all. optimised and sustainable energy

Our robust corporate governance framework, along generation. At Apraava, we try to
with our unparalleled services, has enabled us to earn
the trust of people and businesses across India in implement standardised principles
making the energy transition and becoming more
sustainable. Apart from ensuring a strong and and governing rules to reduce our
balanced relationship with our employees, customers,
business partners and other stakeholders, the environmental impacts through
governance framework seeks to uphold the highest,
unwavering standards of transparency, responsible energy generation,
accountability and independence.
Supply Chain Managament (SCM),

Shareholder Value waste management and resource

At Apraava Energy, we recognise the impact of our efficiency.
business pursuits on environment and community.
Hence, we take measures to safeguard the interests
of our shareholders by empowering them with
knowledge on how we create sustainable value by Apraava Energy is a
utilising intellectual, financial, manufactured, natural,
human and social capital. 60%

According to the terms of the shareholders owned subsidiary of
agreement executed by CLP GPEC (Mauritius)
Holdings Limited (CLP GPEC), CDPQ Infrastructures CLP Holdings Limited,
Asia II Pte. Ltd. (CDPQ) and Apraava Energy, as well with CDPQ owning
as the current Memorandum of Association and
Articles of Association of Apraava Energy, CLP GPEC 40%
and CDPQ have the right to appoint directors to
Apraava Energy's Board of Directors in proportion to
their shareholding in Apraava Energy. Furthermore,
each equity share has one vote in relation to matters Shareholding pattern
to be approved or confirmed at a general meeting of
the Company, and there are no disproportionate as of March 31, 2021
voting rights in respect of equity shares.