policy in line with the requirements of the Sexual Harassment of
Women at Workplace (Prevention, Prohibition & Redressal) Act
2013. This policy may be accessed on the Company’s website
i.e.
_
harassment_at_workplace.pdf
Internal Complaints Committee has been set up to redress
complaints received regarding sexual harassment. All employees
(permanent, Contractual, temporary, trainees) are covered
under this policy. We have not received any sexual harassment
complaints during the year 2015-16.
Particulars of Employees
The information required pursuant to Section 197 read with
Rule 5 of The Companies (Appointment and Remuneration
of Managerial Personnel) Rules, 2014 in respect of employees
of the Company is attached as Annexure- 8 to the Directors
Report.
Fixed deposits
The Company did not invite/accept any fixed deposit within the
meaning of Section 73 of the Companies Act, 2013, and the
rules made there under.
Significant and material orders passed by the
regulators or courts
There is no significant and material order passed by the
regulators or courts.
Cautionary Statement
Statements in this “Director’s Report” & “Management
Discussion and Analysis” describing the Company’s objectives,
projections, estimates, expectations or predictions may be
forward looking statements within the meaning of applicable
securities laws and regulations. Actual results could differ
materially from those expressed or implied. Important factors
that could make difference to the Company’s operations
including raw material/ fuel availability and its prices, cyclical
demand and pricing in the Company’s principle markets,
changes in the Government regulations, tax regimes, economic
developments within India and the Countries in which the
Company conducts business and other ancillary factors.
Appreciation and Acknowledgement
The directors take this opportunity to express their deep sense
of gratitude to the banks, Central and State Governments and
their departments and the local authorities for their continued
guidance and support.
Your directors would also like to record its appreciation for the
support and cooperation your Company has been receiving from
its suppliers, dealers, business partners and other associated
with the Company.
Your directors place on record their sincere appreciation to
the employees at all levels for their hard work, dedication and
commitment. The enthusiasm and unstinting efforts of the
employees have enabled the Company to remain as industry
leader.
And to you, our shareholders, we are deeply grateful for the
confidence and faith that you have always reposed in us.
For and on behalf of the Board
Ashok Kajaria
Chairman & Mg. Director
DIN: 00273877
Place: New Delhi
Date: 27th May 2016
ANNUAL REPORT 2015-16
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