|
Particulars |
Clause of Listing Agreement |
Compliance Status Yes/ No |
Remarks |
I. |
Board of Directors |
49(I) |
Yes |
|
(A) |
Composition of Board |
49(I)(A) |
Yes |
|
|
Combination of Executive/Non- Executive Directors |
49(I)(A)(i) |
Yes |
|
|
Number of Independent Directors |
49(I)(A)(ii) |
Yes |
|
(B) |
Non-executive Directors’ compensation & disclosures |
49(I)(B) |
Yes |
|
(C) |
Other provisions as to Board and Committees |
49(I)(C) |
Yes |
|
|
Frequency of Board Meetings |
49(I)(C)(i) |
Yes |
|
|
Directors’ Membership of Committees |
49(I)(C)(ii) |
Yes |
|
|
Periodical Review of Compliance Certificates |
49(I)(C)(iii) |
Yes |
|
|
Filling vacancy of Independent Directors |
49(I)(C)(iv) |
Yes |
|
|
Code of Conduct |
49(I)(D) |
Yes |
|
|
Code of Conduct on website |
49(I)(D)(i) |
Yes |
|
|
Affirmation of compliance with Code of Conduct |
49(I)(D)(ii) |
Yes |
|
II. |
Audit Committee (ACB) |
49(II) |
Yes |
|
(A) |
Qualified & Independent Audit Committee |
49(II)(A) |
Yes |
|
|
Constitution of Audit Committee |
49(II)(A)(i) |
Yes |
|
|
Members of ACB to be financially literate |
49(II)(A)(ii) |
Yes |
|
|
Chairman of ACB to be independent director |
49(II)(A)(iii) |
Yes |
|
|
Chairman of ACB to be present in AGM |
49(II)(A)(iv) |
Yes |
|
|
Invitees to ACB |
49(II)(A)(v) |
Yes |
|
|
Company Secretary to be Secretary of ACB |
49(II)(A)(vi) |
Yes |
|
(B) |
Frequency and quorum of Audit Committee Meetings |
49(II)(B) |
Yes |
|
(C) |
Powers of Audit Committee |
49(II)(C) |
Yes |
|
(D) |
Role of Audit Committee |
49(II)(D) |
Yes |
|
(E) |
Review of Information by Audit Committee |
49(II)(E) |
Yes |
|
III. |
Subsidiary Companies |
49(III) |
Yes |
|
|
Independent Director to be on the Board of Material Unlisted Subsidiary |
49(III)(i) |
N.A. |
No subsidiary company is a material unlisted subsidiary |
|
Audit Committee to review financial statements of unlisted subsidiary |
49(III)(ii) |
Yes |
|
|
Board minutes of unlisted subsidiary to be placed at the Board Meeting of listed holding company |
49(III)(iii) |
Yes |
|
IV. |
Disclosures |
49(IV) |
Yes |
|
(A) |
Basis of related party transactions |
49(IV)(A) |
Yes |
|
|
(i) to Audit Committee to review
(ii) transactions with related parties |
49(IV)(A) (i) to (iii) |
Yes |
|
(B) |
Disclosure of Accounting Treatment |
49(IV)(B) |
Yes |
|
(C) |
Board Disclosures – Risk Management |
49(IV)(C) |
Yes |
|
(D) |
Proceeds from public issues, rights issues, preferential issues etc. |
49(IV)(D) |
Yes |
|
(E) |
Remuneration of Directors |
49(IV)(E) |
Yes |
|
|
(i) to (v) Remuneration of directors, their
shareholdings, etc. to be disclosed in the Annual Report, Corporate Governance Report, etc. |
49(IV)(E)(i) to (v) |
Yes |
|
(F) |
Management |
49(IV)(F) |
Yes |
|
|
(i) Management discussion and analysis report to form part of Annual Report |
49(IV)(F)(i) |
Yes |
|
|
(ii) Senior Management to disclose material transactions to Board |
49(IV)(F)(ii) |
Yes |
|
(G) |
Shareholders |
49(IV)(G) |
Yes |
|
|
Directors’ resume to be disclosed to shareholders at the time of appointment / reappointment |
49(IV)(G)(i) |
Yes |
|
|
(ia) Disclosure of inter-se relationships of directors |
49(IV)(G)(ia) |
Yes |
|
|
Quarterly results, etc. to be put on website |
49(IV)(G)(ii) |
Yes |
|
|
Constitution of Shareholders’ Grievance Committee |
49(IV)(G)(iii |
Yes |
|
|
Expedite share transfer process |
49(IV)(G)(iv) |
Yes |
|
V. |
CEO/CFO Certificate to be submitted to the Board every year |
49(V) |
Yes |
|
|
Report on Corporate Governance |
49(VI) |
Yes |
|
|
Separate Section on Corporate Governance in the Annual Report |
49(VI)(i) |
Yes |
|
|
Quarterly Compliance Report on Corporate Governance to SEs |
49(VI)(ii) |
Yes |
|
VI. |
Compliance |
49(VII) |
Yes |
|
|
- Auditors’ Certificate regarding compliance of Corporate Governance Code
|
49(VII)(1) |
Yes |
|
|
- Disclosure of compliance with Corporate Governance Code to be made in Annual Report
|
49(VII)(2) |
Yes |
|
