e) The Company has complied with all the corporate
governance mandatory requirements specified in the
Listing Regulations and following are the details of non-
mandatory / discretionary requirements :
Details of Compliance with Discretionary Requirements
as specified in Part E of Schedule II of Listing Regulations:
The status of compliance with discretionary requirements
of Part E of Schedule II of Listing Regulations is provided
below:
i)
The Board:
The Company has appointed an executive
chairman, being the promoter of the Company.
ii)
Shareholders’ Right:
As the quarterly and half yearly
performance are published in the newspapers and are
also posted on the Company’s Website, the same are
not being sent separately to each household of the
shareholders.
iii)
Modified Opinion in audit report:
The Company’s
financial statement for the year 2016 does not contain
any modified opinion.
iv)
Separate Posts of Chairman & CEO / Managing
Director:
As per the Articles of Association of the
Company and in accordance with the provisions of
the Companies Act 2013, the Company continues to
appoint one person as Chairman & Mg. Director of the
Company.
v)
Reporting of Internal Auditor:
Independent Internal
Auditor has been appointed and is reporting directly
to the Audit Committee.
f) CEO / CFO Certificate
Chairman & Mg. Director and CFO of the Company
has given the “annual certification on the financial
reporting and internal controls to the Board of Directors
in accordance with SEBI (LODR) Regulations 2015. The
Chairman & Mg. Director and CFO of the Company also
give quarterly certification on financial results while placing
the financial results before the Board in terms of SEBI
(LODR) Regulations 2015. The Annual Certificate given by
the Chairman & Mg. Director and CFO of the Company is
published in this report.
Means of Communication
Quarterly, Half- Yearly & Annual Financial Results:
The quarterly, half yearly and annual financial results of the
Company are sent to the stock Exchange immediately through
e-mail and their e-portal NSE -NEAPS and BSE Listing Center
after these have been approved by the Board. These are widely
published in the Economic Times, The Financial Express /
Business Standard (both English & Hindi), and Jansatta.
These results are simultaneously posted on the website of the
Company at
.
Investor Release
The official release made to institutional Investors / Analysts, if
any, are sent to the Stock Exchanges and also available on the
Company’s website.
General Share Holders Information
Notice relating to Annual General Meeting is sent to the
members at their registered address.
Annual General Meeting (Financial Year 2015-16):
Date
Time
Venue
24th
August
2016
4.00 P.M
Crown Plaza Today, Sector-29,
National Highway-8,
Gurgaon - 122001
Dates of Book closure
: 18.08.2016 to 24.08.2016
(Both days inclusive)
Financial Year
: April 1 to March 31
Financial Calendar (tentative)
First Quarter Results
: 1st week of August 16
Second Quarter/ Half Yearly
Results
: 4th week of October 2016
Third Quarter / Nine Months
Results
: 4th week of January 2017
Fourth Quarter / Annual
Results for the year ending
31st March 2017
: 4th week of April, 2017
Dividend Payment date
Dividend shall be paid to all eligible shareholders within 30 days
from the date of Annual General Meeting.
ANNUAL REPORT 2015-16
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