Amal Ltd 2014-15

Amal Ltd | Annual Report 2014-15 4.6.3 Remuneration to the Key Managerial Personnel other than the Managing Director | the Manager | the Whole- time Director No. Particulars of Remuneration Key Managerial Personnel CEO CS A N Chhajer CFO Total 1 Gross salary Salary as per provisions under section 17(1) of the Income- tax Act, 1961 NA 22,67,273 - 22,67,273 Value of perquisites under Section 17(2) of the Income-tax Act, 1961 NA - - - Profits in lieu of salary under section 17(3) of the Income- tax Act, 1961 NA - - - 2 Stock option NA - - - 3 Sweat Equity NA - - - 4 Commission NA - - - 5 Others NA - - - Total NA 22,67,273 - 22,67,273 4.7 Penalties | Punishment | Compounding of offences There were no penalties | punishment | compounding of offences for the year ending March 31, 2015. 5. Secretarial Audit Report Form number – 3 Secretarial Audit Report For the financial year ended on March 31, 2015 {Pursuant to Section 204 (1) of the Companies Act, 2013 and Rule number 9 of Remuneration of Managerial The Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014} The Members Amal Ltd Atul House 310-B, Veer Savarkar Marg Mumbai 400028, Maharashtra India I have conducted the Secretarial Audit of the compliance of applicable statutory provisions and the adherence to good corporate practices by Amal Ltd (hereinafter called the Company). The Secretarial Audit was conducted in a manner that provided me a reasonable basis for evaluating the corporate conducts | statutory compliances and expressing my opinion thereon. Based on my verification of the books, papers, minute books, forms and returns filed and other records maintained by the Company and also the information provided by the Company, its officers, agents and authorised representatives during the conduct of Secretarial Audit, I hereby report that in my opinion, the Company has, during the audit period covering the financial year ended on March 31, 2015 complied with the statutory provisions listed hereunder and also that the Company has proper board processes and compliance-mechanism in place to the extent, in the manner and subject to the reporting made hereinafter: I have examined the books, papers, minute books, forms and returns filed and other records maintained by the Company as per Annexure I for the financial year ended on March 31, 2015 according to the provisions of: