Amal Ltd 2019-20

Amal Ltd | Annual Report 2019-2020 3.4.3 Meetings and attendance During 2019-20, one meeting was held. No. Name Total Attended 1. A R Jadeja 1 1 2. T R Gopi Kannan 1 1 3. R Kumar 1 1 The Board notes the minutes of the CSR Committee meeting. 4. Subsidiary companies registered in India The Company does not have any subsidiary company in India. 5. Company policies 5.1 Compliance Compliance certificates confirming due compliance with statutory requirements are placed at the Board meeting for review by the Directors. A system of ensuring material compliance with the laws, orders, regulations and other legal requirements concerning the business and affairs of the Company is in place. Instances of non-compliance, if any, are also separately reported to the Board and subsequently rectified. 5.2 Code of Conduct The Code of Conduct is available on the website of the Company at www.amal.co.in/pdf/Code_ of_Conduct.pdf All the Directors and the Senior Management Personnel have affirmed their compliance with the Code of Conduct. A declaration to this effect signed by the Managing Director forms a part of this report. 5.3 Prevention of sexual harassment of women at workplace Pursuant to the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 and the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Rules, 2013, the Company has framed a policy on Prevention of Sexual Harassment of Women at Workplace and constituted Internal Complaints Committee. Status of complaints received during 2019-20 are as under: Filed during 2019-20 nil Disposed of during 2019-20 nil Pending as at the end of 2019-20 nil 5.4 Related party transactions The Company has formulated a Related Party Transactions Policy and the same is disclosed on the website of the Company at www.amal.co.in/pdf/related_party_policy.pdf 5.5 Commodity price risk or foreign exchange risk and hedging activities The Company does not go for commodity price risk hedging activities as it does not expect significant advantage in medium to long-term horizon. However, for minimising procurement risk for short duration, it enters into annual purchase contracts for key raw materials linked to input costs | published benchmark prices.