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ii) Whether special resolutions were put
through postal ballot exercise, details of
voting pattern, person who conducted
the postal ballot exercise: No
iii) Are proposed to be conducted
through postal ballot: Not applicable
iv) Procedure for postal ballot: Not
applicable
08. Disclosures
i) The Company did not have any
materially significant commercial and
financial transactions with any of the
related parties namely Promoters,
Directors or the management and their
subsidiaries or relatives, among others,
that may have potential conflict with
the interest of the Company at large.
ii) The Company complied with the
statutory provisions, rules and
regulations relating to the capital
markets during the last three years and
stock exchanges or SEBI or any statutory
authority did not impose any penalties
or strictures on the Company for the
said period.
09. Means of communication
Half-yearly report sent to each Since the financial results are published in the newspapers as well as
household of the Members displayed on the website of the Company and EDIFAR website, the results are
not sent to each household of the Members
Quarterly and half-yearly results Financial results of the Company are sent to the stock exchanges immediately
after the Board approves. Published in The Economic Times, (English) and
Gujarati daily Jaihind. The results are published in accordance with the
guidelines of the stock exchanges
Any website, where displayed On the website of the Company: and on the website of
SEBI:
Whether it also displays official news releases Official news releases as and when issued are placed on the website
of the Company
The presentations made to institutional Presentation was made to analysts on July 09, 2008 and the gist of the
investors or to the analysts analysts meeting was filed with the stock exchanges and displayed on the
website of the Company
Whether Management Discussion and Yes
Analysis is a part of the Annual Report or not
10. Certification by the
Chairman and Managing
Director (CEO) and the
President, Finance and
Company Secretary
Mr S S Lalbhai, Chairman and Managing
Director and Mr T R Gopi Kannan,
President, Finance and Company
Secretary, issued a certificate to the Board
as prescribed under sub-clause V of
Clause 49 of the Listing Agreement. The
said certificate was placed before the
Board at the meeting held on May 29,
2009 in which the accounts for the
financial year ended March 31, 2009
were considered and approved by the
Board of Directors.
11. Role of the Company
Secretary in overall governance
process
All Directors of the Company have access
to the advice and services of the
Company Secretary|Secretarial
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
Corporate Governance norms.