Atul Ltd 2014-15

Atul Ltd | Annual Report 2014-15 3.3.03 Meetings and attendance During 2014-15, five meetings were held: No. Name Total Attended 1 H S Shah 1 2 2 2 S S Lalbhai 5 5 3 G S Patel 2 3 2 1 Effective December 05, 2014 and Chairman effective March 27, 2015 | 2 Upto December 31, 2014 During 2014-15, 18 complaints were received from the Investors. All the grievances were solved to the satisfaction of the Investors: No. Nature of complaint Received Redressed 1 Non-receipt of dividend warrant 17 17 2 Non-receipt of share certificates 1 1 3 Non-receipt of duplicate share certificates – – 4 Others – – Total 18 18 The Board notes the minutes of the Stakeholders Relationship Committee meetings. 3.4 Corporate Social Responsibility Committee 3.4.01 Role i) Formulating and recommending the Corporate Social Responsibility (CSR) Policy to the Board ii) Indicating reasons to the Board in case the amount of expenditure is less than 2% of the average net profits in a given year iii) Monitoring the CSR Policy from time to time iv) Recommending the amount of expenditure to be incurred on the CSR activities which may not be less than 2% of the average net profits of the last three years 3.4.02 Composition The Committee comprises following Members: No. Name Designation 1 H S Shah Chairman 2 S S Lalbhai Member 3 B N Mohanan Member 3.4.03 Meetings and attendance During 2014-15, one meeting was held: No. Name Total Attended 1 H S Shah 1 1 2 S S Lalbhai 1 1 3 B N Mohanan 1 – The Board notes the minutes of the CSR Committee meetings. 3.5 Investment Committee 3.5.01 Role i) Approving business strategies ii) Approving capital expenditure proposals exceeding ` 5 cr each iii) Recommending to the Board acquisition and disinvestment or divestment proposals iv) Recommending to the Board purchase | sale of investments in Equity shares