Atul Ltd 2019-20

Corporate Overview Statutory Reports Financial Statements 68 Atul Ltd | Annual Report 2019-20 01-21 22-91 92-228 3.6.2 Composition The Committee comprises following Members: No. Name Designation 1. S S Lalbhai Chairman 2. B N Mohanan Member 3. T R Gopi Kannan Member 3.6.3 Meetings and attendance During 2019-20, one meeting was held. No. Name Total Attended 1. S S Lalbhai 1 1 2. B N Mohanan 1 1 3. T R Gopi Kannan 1 1 The Board notes the minutes of the Risk Management Committee meeting. 4. Subsidiary companies registered in India As on March 31, 2020, the Company had 12 non-material Indian subsidiary companies: a) six wholly-owned - Aaranyak Urmi Ltd, Anchor Adhesives Pvt Ltd, Atul Bioscience Ltd, Atul Finserv Ltd, Atul Fin Resources Ltd and Atul Nivesh Ltd b) one joint venture - Atul Rajasthan Date Palms Ltd c) five others - Aasthan Dates Ltd, Atul Biospace Ltd, Atul Infotech Pvt Ltd, Biyaban Agri Ltd and Raja Dates Ltd The Financial Statements of the above companies were reviewed by the Audit Committee. The minutes of the meetings of all the subsidiary companies were placed before the Board. 5. Company policies 5.1 Compliance Compliance certificates confirming due compliance with statutory requirements are placed at the Board meeting for review by the Directors. A system of ensuring material compliance with the laws, orders, regulations and other legal requirements concerning the business and affairs of the Company is in place. Instances of non-compliance, if any, are also separately reported to the Board and subsequently rectified. 5.2 Code of Conduct The Code of Conduct is available on the website of the Company at https://www.atul.co.in/investors/polices All the Directors and the Senior Management Personnel have affirmed their compliance with the Code of Conduct. A declaration to this effect signed by the Chairman and Managing Director forms a part of this report. 5.3 Prevention of sexual harassment of women at workplace Pursuant to the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 and the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Rules, 2013, the Company has framed a policy on prevention of sexual harassment of women at workplace and constituted Internal Complaints Committee. Status of complaints during 2019-20 is as under: Filed during 2019-20 nil Disposed of during 2019-20 nil Pending as at the end of 2019-20 nil 5.4 Related party transactions The Company has formulated a Related Party Transactions Policy and the same is disclosed on the website of the Company at https://www.atul.co.in/investors/policies