Atul Ltd 2016-17

67 12. 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. 13. 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) May 05, 2017 Chairman and Managing Director To the Members of Atul Ltd We have examined the compliance of conditions of Corporate Governance by Atul Ltd for the year ended March 31, 2017, as stipulated in Regulations 17, 18, 19, 20, 22, 23, 24, 25, 26, 27 and Clause (b) to (i) of sub-regulation 46 and para C, D and E of Schedule V of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (collectively referred to as ‘SEBI Listing Regulations, 2015’). The compliance of conditions of Corporate Governance is the responsibility of the Management. Our examination was limited to procedures and implementation thereof, adopted by the Company for ensuring the compliance of the conditions of Corporate Governance. It is neither an audit nor an expression of opinion on the Financial Statements of the Company. In our opinion and to the best of our information and according to the explanations given to us, we certify that the Company has complied with the conditions of Corporate Governance as stipulated in the SEBI Listing Regulations, 2015. We state that such compliance is neither an assurance as to the future viability nor the efficiency or effectiveness with which the Management has conducted the affairs of the Company. For Dalal & Shah Chartered Accountants LLP Firm Registration Number 102020W | W-100040 Chartered Accountants (S Venkatesh) Mumbai Partner May 05, 2017 Membership Number: 037942 Auditors’ Certificate regarding compliance of conditions of Corporate Governance