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DŽĿȦ
~ƥĺĚƑ ƙĚČƥūƑ ƙƎĚČĿǛČ ŕîDžƙ îƙ îƎƎŕĿČîċŕĚ ƥū ƥĺĚ ūŞƎîŠNj ĿŠČŕƭēĿŠij ƎƑūēƭČƥ ŕîDžƙȡ ƎūŕŕƭƥĿūŠ ŕîDžƙȡ ŞîŠƭljîČƥƭƑĿŠij ŕîDžƙ îŠē
safety laws.
However, it has been found that there were no instances requiring compliance with the provisions of the laws indicated at point
(c), (d), (e), (g) and (h) of para (v) mentioned hereinabove during the period under review.
ØĚ ĺîDŽĚ îŕƙū ĚNJîŞĿŠĚē ČūŞƎŕĿîŠČĚ DžĿƥĺ ƥĺĚ îƎƎŕĿČîċŕĚ ČŕîƭƙĚƙ ūlj ƥĺĚ ljūŕŕūDžĿŠijȠ
i.
Secretarial standards issued by the Institute of Company Secretaries of India.
ĿĿȦ
¹ĺĚ gĿƙƥĿŠij ijƑĚĚŞĚŠƥƙ ĚŠƥĚƑĚē ĿŠƥū ċNj ƥĺĚ ūŞƎîŠNj DžĿƥĺ ¬/ gƥē îŠē sîƥĿūŠîŕ ¬ƥūČŒ /NJČĺîŠijĚ ūlj TŠēĿî gƥē îŠē ƥĺĚ ¬/ T
(Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended).
During the period under review, the Company has complied with the provisions of the Act, rules, regulations, guidelines,
standards, mentioned hereinabove and there is adequate compliance management system for the purpose of other sector
ƙƎĚČĿǛČ ŕîDžƙȦ ØĚ ĺîDŽĚ ƑĚŕĿĚē ūŠ ƥĺĚ ƑĚƎƑĚƙĚŠƥîƥĿūŠƙ ŞîēĚ ċNj ƥĺĚ ūŞƎîŠNj îŠē Ŀƥƙ ūljǛČĚƑƙ ljūƑ ƙNjƙƥĚŞƙ îŠē ŞĚČĺîŠĿƙŞƙ
ljūƑŞĚē ċNj ƥĺĚ ūŞƎîŠNj ljūƑ ČūŞƎŕĿîŠČĚƙ ƭŠēĚƑ ūƥĺĚƑ ƙĚČƥūƑ ƙƎĚČĿǛČ ŕîDžƙ îŠē ƑĚijƭŕîƥĿūŠƙ îƎƎŕĿČîċŕĚ ƥū ƥĺĚ ūŞƎîŠNjȦ
ØĚ ljƭƑƥĺĚƑ ƑĚƎūƑƥ ƥĺîƥ ƥĺĚ ūîƑē ūlj 'ĿƑĚČƥūƑƙ ūlj ƥĺĚ ūŞƎîŠNj Ŀƙ ēƭŕNj ČūŠƙƥĿƥƭƥĚē DžĿƥĺ ƎƑūƎĚƑ ċîŕîŠČĚ ūlj ƥĺĚ /NJĚČƭƥĿDŽĚ 'ĿƑĚČƥūƑƙ
îŠē ƥĺĚ sūŠȹĚNJĚČƭƥĿDŽĚ 'ĿƑĚČƥūƑƙ ȳTŠēĚƎĚŠēĚŠƥ îŠē sūŠȹĿŠēĚƎĚŠēĚŠƥȴȦ ¹ĺĚ ČĺîŠijĚƙ ĿŠ ƥĺĚ ČūŞƎūƙĿƥĿūŠ ūlj ƥĺĚ ūîƑē ƥĺîƥ ƥūūŒ
place during the period under review were carried out in compliance with the provisions of the Act.
Adequate notice was given to all the Directors to schedule the Board meetings, agenda and detailed notes on agenda were
ƙĚŠƥ îƥ ŕĚîƙƥ ƙĚDŽĚŠ ēîNjƙ ĿŠ îēDŽîŠČĚ îŠē î ƙNjƙƥĚŞ ĚNJĿƙƥƙ ljūƑ ƙĚĚŒĿŠij îŠē ūċƥîĿŠĿŠij ljƭƑƥĺĚƑ ĿŠljūƑŞîƥĿūŠ îŠē ČŕîƑĿǛČîƥĿūŠƙ ūŠ ƥĺĚ
agenda items before the meeting and for meaningful participation at the meeting.
Majority decision is carried through while the views of the dissenting Members are captured and recorded as part of the
minutes, wherever required.
We further report that there are adequate systems and processes in the Company commensurate with the size and operations
of the Company to monitor and ensure compliance with the applicable laws, rules, regulations and guidelines.
ØĚ ljƭƑƥĺĚƑ ƑĚƎūƑƥ ƥĺîƥ ēƭƑĿŠij ƥĺĚ îƭēĿƥ ƎĚƑĿūē ƥĺĚƑĚ DžĚƑĚ Šū ƙƎĚČĿǛČ ĚDŽĚŠƥƙ ʈ îČƥĿūŠƙ ĺîDŽĿŠij î ŞîŏūƑ ċĚîƑĿŠij ūŠ ƥĺĚ îljljîĿƑƙ ūlj
the Company in pursuance of the above referred laws, rules, regulations, guidelines, standards, etc.
For SPANJ & ASSOCIATES
Company Secretaries
(Ashish C Doshi)
Partner
Ahmedabad
Membership number: F 3544
April 26, 2019
CPN: 2356
53
Directors’ Report