Financial Profile
  
   
Compliance report on corporate governance
for quarter ended 31st March 2011
  

 
Particulars
Clause of Listing Agreement
Compliance status (Yes/No)
Remarks

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)
Yes
----
(D) Role of Audit Committee
49 (IID)
Yes
----
(E) Review of Information by Audit Committee
49 (IIE)
Yes
----
III. Subsidiary Companies
49 (III)
Yes
----
IV. Disclosures
49 (IV)
   
(A) Basis of related party transactions
49 (IVA)
Yes
 
(B) Disclosure of Accounting Treatment
49 (IVB)
N.A.
----
(C) Board Disclosures
49 (IVC)
Yes
----
(D) Proceeds from public issues, rights issues, preferential issues etc.
49 (IVD)
N.A
----
(E) Remuneration of Directors
49 (IVE)
Yes
complied in the Annual Report for the financial year ended 31/03/2010
(F) Management
49 (IVF)
Yes
complied in the Annual Report for the financial year ended 31/03/2010
(G) Shareholders
49 (IVG)
Yes
complied in the Annual Report for the financial year ended 31/03/2010
V. CEO/CFO Certification
49 (V)
Yes
----
VI. Report on Corporate Governance
49 (VI)
Yes
complied in the Annual Report for the financial year ended 31/03/2010
VII. Compliance
49 (VII)
Yes
complied in the Annual Report for the financial year ended 31/03/2010