Amal Ltd 2019-20

Amal Ltd | Annual Report 2019-2020 The logo of Amal Ltd portrays a diya whose constituents are an earthen pot, ghee , a wick and a flame. Our actions (symbolised by the ghee ) will remain within the boundary of ethics (symbolised by the earthen pot ) and we will through hard work (symbolised by the wick) achieve our purpose (symbolised by the flame). Out of suffering have emerged the strongest souls; themost massive characters are searedwith scars. ~ Khalil Gibran Forward looking statements In this Annual Report, we have shared information and made forward looking statements to enable investors to knowour product portfolio, business logic and direction and thereby comprehend our prospects. Such statements that we make are based on our assumptions. We have tried wherever possible to identify such statements by using words such as ‘anticipate’, ‘believe’, ‘estimate’, ‘intend’, ‘plan’, ‘project’ or words of similar substance in connection with any discussion of future performance. We cannot guarantee that these forward looking statements will be realised although we believe we have been prudent in our assumptions. The actual results may be affected because of uncertainties, risks and even inaccurate assumptions. If uncertainties or known or unknown risks materialise or if underlying assumptions prove inaccurate, actual results can vary materially from those anticipated, believed, estimated, intended, planned or projected. We undertake no obligation to publicly update any forward looking statements, whether as a result of new information, future events or otherwise. 01 Corporate profile 45 Notice 03 Directors’ Report 51 Performance trend 26 Management Discussion and Analysis 52 Independent Auditor’s Report 27 Corporate Governance 60 Financial Statements Content s