According to Section 203 of the Companies Act, 2013, which of the following is NOT included in the definition of Key Managerial Personnel (KM

Under Section 203 read with Section 2(51) of the Companies Act, 2013, Key Managerial Personnel includes: (i) the Chief Executive Officer or Managing Director or Manager; (ii) the Company Secretary; (iii) the Whole-time Director; (iv) the Chief Financial Officer; and (v) such other officer as may be prescribed. A Non-Executive Independent Director is expressly excluded from the definition of KMP, as the role of an Independent Director is supervisory and oversight-based, not executive or managerial.