Amal Ltd 2012-13

19 8. Details of compliance with the mandatory requirements and extent of compliance with non-mandatory requirements 9. Roleof theCompanySecretary inoverall governanceprocess 10. CertificationbyCEOandCFO 11. Certificationby theStatutoryAuditors 12. Declarationby theManagingDirector i) Compliancewith themandatory requirements The Company complied with the mandatory requirements of the Code of Corporate Governance as stipulated under Clause 49 of the Listing Agreement with the Stock Exchanges. ii) Extent of compliancewith the non-mandatory requirements TheCompany complieswith the followingnon-mandatory requirements: RemunerationCommittee set upby theBoard Moving towards unqualified financial statements All the Directors have access to the suggestions 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 the norms of Corporate Governance. Mr V Koppaka, Managing Director and Mr A Chhajer, Head of Finance & Compliance Officer, 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 themeeting held on April 26, 2013, inwhich the accounts for the financial year endedMarch 31, 2013 were considered and approved by the Board. Certificate from the Statutory Auditors of the Company, Haribhakti & Co, Chartered Accountants, regarding compliance of conditions of Corporate Governance as stipulated in Clause 49 of the ListingAgreement is enclosed. In accordance with Clause 49 I D of the Listing Agreement with the Stock Exchanges, all the Directors and senior management personnel have, respectively, affirmed compliance with the Codeof Conduct as approved and adoptedby theBoard. For Amal Ltd Mumbai VasudevKoppaka April 26,2013   ManagingDirector