Amal Ltd 2016-17

Amal Ltd | Annual Report 2016-17 Membership in Committees of Other Companies Chairman of Committee: - Member of Committees: Atul Bioscience Ltd – Audit Committee Rudolf Atul Chemicals Ltd – Audit Committee Rudolf Atul Chemicals Ltd – Corporate Social Responsibility Committee Number of shares held in the Company Nil Base Mumbai and Atul 13. Route map for the venue of the Annual General Meeting is given separately. By Order of the Board of Directors Registered office Atul House 310-B, Veer Savarkar Marg Mumbai 400 028, Maharashtra India R Kumar April 21, 2017 Managing Director CIN: Company Identification Number CPN: Certificate of Practice Number DIN: Director Identification Number FRN: Firm Registration Number EXPLANATORY STATEMENT The following explanatory statement, as required by Section 102 of the Companies Act, 2013, sets out material facts including the nature and concern or interest of the Directors in relation to the items of Ordinary and Special business under item nos 03 and 04 mentioned in the accompanying notice dated April 21, 2017. Item number 03 The Statutory Auditors, Haribhakti & Co. LLP expressed their unwillingness to be re-appointed as the auditors of the Company. The Company received a special notice under Section 140(4)(i) of the Companies Act, 2013 from a Member proposing the appointment of Deloitte Haskins & Sells LLP, Chartered Accountants, (Deloitte) as the Statutory Auditors. The Audit Committee and the Board of Directors considered the qualifications and experience of the proposed auditors and have recommended to the Members the appointment of Deloitte for a period of 5 years in place of Haribhakti & Co. LLP. Deloitte gave their written consent showing their willingness to act as Statutory Auditors of the Company. None of the other Directors or Key Managerial Personnel of the Company and their relatives are concerned or interested, financially or otherwise, in the said Resolution.