Amal Ltd | Annual Report 2023-24 10. Payment to Statutory Auditors During 2023-24, ` 14.32 lakhs was paid by the Company and its subsidiary companies to the Statutory Auditors | entities in network firm | network entity of which the Statutory Auditors are a member. 11. Evaluation by the Independent Directors The Independent Directors at their meeting held on January 12, 2024, carried out an annual evaluation in accordance with the Regulation 25(4) of the Regulations. 12. Role of the Company Secretary in the overall governance process The Directors have access to the suggestions and services of the Company Secretary | legal department in ensuring the 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. 13. Certification by the Chief Executive Officer and the Chief Financial Officer Mr Rajeev Kumar, Managing Director and My Yogesh Vyas, CFO issued a certificate to the Board as prescribed under Regulation 17(8) of the Regulations. The said certificate was placed before the Board at the meeting held on April 19, 2024, in which the accounts for the year ended March 31, 2024, were considered and approved by the Board. 14. Certification by the Practicing Company Secretary Certificate from RPAP & Co, Practicing Company Secretary, regarding the compliance of conditions of corporate governance as stipulated in Schedule V of the Regulations, and non-disqualification | non-debarment of the Directors of the Company, forms a part of the annual report. 15. Declaration by the Managing Director In accordance with Schedule V of the Regulations with the stock exchanges, all the Directors and Senior Management Personnel have, respectively, affirmed compliance with the code of conduct as approved and adopted by the Board. For Amal Ltd (Rajeev Kumar) Mumbai Managing Director April 19, 2024 DIN: 07731459
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