Atul Ltd 2016-17

Atul Ltd | Annual Report 2016-17 7.20 Communication Half-yearly report sent to each household of the Members Half-yearly report was not sent to the Members. Quarterly and half-yearly results Quarterly and half-yearly results of the Company were sent to the Stock Exchanges immediately after approval by the Board and published in The Economic Times (English) Ahmedabad and Mumbai editions and The Economic Times (Gujarati) Ahmedabad edition. The results were published in accordance with the guidelines of the Stock Exchanges. Website where displayed On the website of the Company: www.atul.co.in On the website of the Stock Exchanges: 1.  www.bseindia.com 2.  www.nseindia.com Official news releases Official news releases as and when issued are placed on the website of the Company. Presentations made to the institutional investors or to the analysts Presentation was made to the analysts on May 05, 2017 and a copy thereof was displayed on the website of the Company. Management Discussion and Analysis Management Discussion and Analysis is part of the Annual Report. 7.21 Tentative Board meeting dates for consideration of results for 2017-18 No. Particulars Dates 01. First quarter results July 21, 2017 02. Second quarter and half-yearly results October 17, 2017 03. Third quarter results January 19, 2018 04. Fourth quarter and annual results April 27, 2018 8. D etails of compliance with the mandatory requirements and extent of compliance with non-mandatory requirements 8.1 Compliance with the mandatory requirements The Company complied with the mandatory requirements of Corporate Governance as specified in Regulation 17 to 27 and Clauses (b) to (i) of sub-regulation (2) of Regulation 46 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. 8.2 Extent of compliance with the non-mandatory requirements The Company complies with the following non-mandatory requirements: i) Reporting of the Internal Auditor to the Audit Committee ii) Unqualified Financial Statements 9. Evaluation by the Independent Directors The Independent Directors at their meeting held on March 24, 2017 carried out annual evaluation in accordance with the Regulation 25(4) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. 10. Role of the Company Secretary in overall governance process All the Directors have access to the suggestions and services of the Company Secretary | Legal department in ensuring an effective functioning of the Board and its Committees. The Company Secretary administers, attends and prepares Minutes of the Board and the Committee proceedings in accordance with the statutory requirements as well as the norms of Corporate Governance. 11. Certification by the Chief Executive Officer and the Chief Financial Officer Mr S S Lalbhai, Chairman and Managing Director and Mr T R Gopi Kannan, Whole-time Director and CFO, issued a certificate to the Board as prescribed under Regulation 17 (8) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The said certificate was placed before the Board at the meeting held on May 05, 2017 in which the accounts for the year ended March 31, 2017 were considered and approved by the Board.