Atul Ltd 2020-21

58 Atul Ltd | Annual Report 2020-21 • 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 the 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 2020-21, 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 2020-21, 22 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 4 4 2. Non-receipt of share certificates 1 1 3. Non-receipt of duplicate share certificates 5 5 4. Others 12 12 Total 22 22 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 v) Formulating and recommending to the Board the annual action plan, which must include: a) the list of CSR projects or programs that are to be undertaken b) the manner of execution c) the modalities of utilisation of funds and implementation schedules d) monitoring and reporting mechanism e) details of need and impact assessment