Amal Ltd 2014-15

Amal Ltd | Annual Report 2014-15 7.19 Nomination facility A Member can nominate a person who will have rights to shares and | or amount payable in respect of shares registered in his (her) name in the event of his (her) death. This facility is available to the Members and the nomination form can be obtained from the Company. 7.20 Communication Half-yearly Report sent to each household of the Members Half-yearly Report was not sent to the Members Quarterly and half-yearly results Quarterly and half-yearly results of the Company were sent to the Stock Exchanges immediately after approval by the Board and published in The Financial Express (English) – Mumbai edition and Apala Mahanagar or Mumbai Lakshadweep (Marathi). The results were published in accordance with the guidelines of the Stock Exchanges. Website where displayed On the website of the Company: www.amal.co.in Official news releases Official news releases as and when issued are placed on the website of the Company. Presentations made to the institutional investors or to the analysts No presentations were made to institutional investors or analysts during the year Management Discussion and Analysis Management Discussion and Analysis is a part of the Annual Report. 8. Details of compliance with the mandatory requirements and extent of compliance with non-mandatory requirements 8.1 Compliance with the mandatory 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. 8.2 Extent of compliance with the non-mandatory requirements The Company complies with the following non-mandatory requirements: i) Reporting of Internal Auditor to Audit Committee ii) Unqualified financial statements 9. Role of the Company Secretary in overall governance process 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. 10. Certification by Chief Executive Officer and Chief Financial Officer Mr T T P Shaheel, Managing Director and Mr S R Kalra, CFO, issued a certificate to the Board as prescribed under sub-clause IX of Clause 49 of the Listing Agreements. The said certificate was placed before the Board at the meeting held on April 24, 2015, in which the accounts for the financial year ended March 31, 2015 were considered and approved by the Board.