28 Atul Ltd | Annual Report 2021-22 Any members interested in obtaining a copy of such statement may write to the Company Secretary at the registered office of the Company. 19. Management Discussion and Analysis The Management Discussion and Analysis covering performance of the two reporting segments, namely, LSC and POC, is given at page number 44. 20. Corporate Governance Report 20.1. Declaration by the Independent Directors The Independent Directors have given declarations under Section 149(6) of the Act. 20.2. Report The Corporate Governance Report along with the certificate from the Practicing Company Secretary regarding compliance of the conditions of Corporate Governance pursuant to Regulation 34(3) read with Schedule V of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 is given at page number 51. Details about the number of meetings of the Board held during 2021-22 are given at page number 56. The composition of the Audit Committee is given at page number 59. All the recommendations given by the Audit Committee were accepted by the Board. 20.3. Whistleblowing Policy The Board, on the recommendation of the Audit Committee, had approved a vigil mechanism (Whistleblowing Policy). The Policy provides an independent mechanism for reporting and resolving complaints pertaining to unethical behaviour, actual or suspected fraud and violation of the code of conduct of the Company and is displayed on the website of the Company at www.atul.co.in/investors/policies No personnel have been denied access to the Audit Committee. 20.4. Secretarial standards Secretarial standards as applicable to the Company were followed and complied with during 2021-22. 20.5. Prevention, prohibitionandredressal of sexual harassment Details required under the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 and rules thereunder are given at page number 64. 21. Business Responsibility and Sustainability Report As per Regulation 34 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Business Responsibility and Sustainability Report is given at page number 71. 22. Dividend Distribution Policy As per Regulation 43A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Dividend Distribution Policy is displayed on the website of the Company at www.atul.co.in/investors/policies 23. Fire incident An incident of fire occurred on April 20, 2022 in one of the plants at Atul, Gujarat. There was no fatality or injury to any person, and damage was restricted to the affected plant. The Company is in the process of assessing the impact of the fire on the plant and related operations and filing necessary claims with the insurance company. 24. Acknowledgements The Board expresses its sincere thanks to all the employees, customers, suppliers, lenders, regulatory and government authorities, stock exchanges and investors for their support. For and on behalf of the Board of Directors (Sunil Lalbhai) Mumbai Chairman and Managing Director April 26, 2022 DIN: 00045590
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