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of <h1>SEBI Regulations: Nomination and Remuneration Committee Must Have Majority Independent, Non-Executive Directors; Meet Annually.</h1> The Nomination and Remuneration Committee, as per SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015, must consist of at least three non-executive directors, with at least two-thirds being independent. The committee's chairperson must be an independent director, though the entity's chairperson can be a member but not the chair. Meetings require a quorum of two members or one-third of the committee, including one independent director. The committee should meet at least once annually, and its role is detailed in Part D of Schedule II. The chairperson may attend the annual general meeting to address shareholder queries.
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