Atul Ltd 2015-16

Atul Ltd | Annual Report 2015-16 7.21 Tentative Board meeting dates for consideration of results for 2016-17 No. Particulars Dates 01 First quarter results July 22, 2016 02 Second quarter and half-yearly results October 21, 2016 03 Third quarter results January 20, 2017 04 Fourth quarter and annual results May 05, 2017 8. Details of compliance with the mandatory requirements and extent of compliance with non-mandatory requirements 8.1 Compliance with the mandatory requirements The Company complied with the mandatory requirements of Corporate Governance as specified in Regulation 17 to 27 and Clauses (b) to (i) of sub-regulation (2) of Regulation 46 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. 8.2 Extent of compliance with the non-mandatory requirements The Company complies with the following non-mandatory requirements: i) Reporting of the Internal Auditor to the Audit Committee ii) Unqualified Financial Statements 9. Role of the Company Secretary in overall governance process All the Directors have access to the suggestions and services of the Company Secretary | Legal department in ensuring an 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. 10. Certification by the Chief Executive Officer and the Chief Financial Officer Mr S S Lalbhai, Chairman and Managing Director and Mr T R Gopi Kannan, Whole-time Director and CFO, issued a certificate to the Board as prescribed under Regulation 17 (8) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The said certificate was placed before the Board at the meeting held on April 29, 2016 in which the accounts for the year ended March 31, 2016 were considered and approved by the Board. 11. Certification by the Statutory Auditors Certificate from the Statutory Auditors of the Company, Dalal & Shah Chartered Accountants LLP, regarding compliance of conditions of Corporate Governance as stipulated in Schedule V of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 is forming a part of the Annual Report. 12. Declaration by the Chairman and Managing Director In accordance with Schedule V of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 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 Atul Ltd Mumbai (S S Lalbhai) April 29, 2016 Chairman and Managing Director