Amal Ltd 2016-17

15 5. Secretarial Audit Report Form number MR - 3 Secretarial Audit Report For the financial year ended on March 31, 2017 {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 400 028, 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 (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, 2017 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 applicable records maintained by the Company as per Annexure I for the financial year ended on March 31, 2017 according to the provisions of i) The Companies Act, 2013 (Act) and the Rules made thereunder and The Companies Act, 1956 (Old Act) and the Rules made thereunder; ii) The Securities Contracts (Regulation) Act, 1956 and the Rules made thereunder; iii) The Depositories Act, 1996 and the regulations and bye-laws framed thereunder; iv) Foreign Exchange Management Act, 1999 and the rules and regulations made thereunder to the extent of foreign direct investment, overseas direct investment and external commercial borrowings; v) a) The following regulations and guidelines prescribed under the Securities and Exchange Board of India Act, 1992 (SEBI Act): i) The Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 ii) The Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 1992 iii) The Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 which came into effective May 15, 2015 iv) The Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 which came into effect from December 01, 2015