Atul Ltd 2019-20

Corporate Overview Statutory Reports Financial Statements 66 Atul Ltd | Annual Report 2019-20 01-21 22-91 92-228 • Measures taken for effective exercise of voting rights by the shareholder(s) • Measures and initiatives taken for reducing the quantum of unclaimed dividends and ensuring timely receipt of dividend warrants | Annual Reports | statutory notices by the shareholder(s) of the Company • Rematerialisation of shares • Replacement of shares • Splitting-up of shares • Transfer of shares • Transmission of shares • Transposition of names 3.3.2 Composition The Committee comprises following Members: No. Name Designation 1. B R Arora Chairman 2. S S Lalbhai Member 3. T R Gopi Kannan Member Mr L P Patni, Company Secretary, is the Chief Compliance Officer. 3.3.3 Meetings and attendance During 2019-20, four meetings were held. No. Name Total Attended 1. B R Arora 4 4 2. S S Lalbhai 4 4 3. T R Gopi Kannan 4 4 During 2019-20, 15 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 - - 2. Non-receipt of share certificates - - 3. Non-receipt of duplicate share certificates 3 3 4. Others 12 12 Total 15 15 The Board notes the minutes of the Stakeholders Relationship Committee meetings. 3.4 Corporate Social Responsibility Committee 3.4.1 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 profit 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 profit of the last three years 3.4.2 Composition The Committee comprises following Members: No. Name Designation 1. S A Panse Chairperson 2. S S Lalbhai Member 3. B N Mohanan Member