QUARTERLY COMPLIANCE
REPORT ON CORPORATE
GOVERNANCE
Particulars
|
Clause of Listing Agreement |
Compliance Status Yes/No/NA |
Remarks |
|
1 |
2 |
3 |
4 |
|
I Board of Directors |
49
I
|
|
|
|
(A)
Composition of Board |
49(IA) |
Yes |
------------ |
|
(B)
Non-executive Directors’ compensation & disclosures |
49 (IB) |
Yes |
----------- |
|
(C) Other
provisions as to Board and Committees |
49 (IC) |
Yes |
----------- |
|
D) Code of
Conduct |
(49 (ID) |
Yes |
----------- |
|
II. Audit Committee |
49 (II) |
|
|
|
(A)Qualified
& Independent Audit Committee |
49 (IIA) |
Yes |
----------- |
|
(B)Meeting
of Audit Committee |
49(IIB) |
Yes |
----------- |
|
(C)Powers of
Audit Committee 49 (IIC) |
49 (IIC) |
Yes |
----------- |
|
(D)Role of
Audit Committee |
49 II(D) |
Yes |
----------- |
|
(E)Review of
Information by Audit Committee |
49 (IIE) |
Yes |
----------- |
|
III.Subsidiary Companies |
49 (III) |
NA |
|
|
IV. Disclosures |
49 (IV) |
|
|
|
(A)Basis of
related party transactions |
49 (IV A) |
Yes |
----------- |
|
(B)
Disclosure of Accounting Treatment |
49 (IV B) |
Yes |
----------- |
|
(C)Board
Disclosures |
49(IV ( C) |
Yes |
---------- |
|
(D)Proceeds
from public issues, rights issues, preferential issues etc. |
49 (IV D) |
NA |
---------- |
|
(E)Remuneration
of Directors |
49 (IV E) |
Yes |
----------- |
|
(F)Management |
49 (IV F) |
Yes |
----------- |
|
(G)Shareholders
|
49 (IV G) |
Yes |
|
|
V.CEO/CFO Certification |
49 (V) |
Yes |
----------- |
|
VI.Report on Corporate Governance |
49 (VI) |
Yes |
----------- |
|
VII. Compliance |
49 (VII) |
Yes |
----------- |
Thanking you,
Yours truly,
For Sri
Nachammai Cotton
Mills Ltd.,
R.Thamil
Selvi,
Compliance Officer.