Page 101 - FBL AR 2019-20

CORPORATE STATUTORY FINANCIAL
OVERVIEW STATEMENTS STATEMENTS

No. Questions P P P P P P P P P
1 2 3 4 5 6 7 8 9
5 Does the company have a Y Y Y Y Y Y N Y Y
specified committee of the Board/
Director/ Official to oversee the
implementation of the policy?
6 Indicate the link for the policy to be - - - - - - N - -
viewed online? (#4)
7 Has the policy been formally Y Y Y Y Y Y N Y Y
communicated to all relevant
internal and external stakeholders?
8 Does the company have in-house Y Y Y Y Y Y N Y Y
structure to implement the policy/
policies.
9 Does the Company have a grievance Y Y Y Y Y Y N Y Y
redressal mechanism related to
the policy/ policies to address
stakeholders’ grievances related to
the policy/ policies?
10 Has the company carried out Y Y Y Y Y Y N Y Y
independent audit/ evaluation of
the working of this policy by an
internal or external agency? (#5)

#1: There may not be formal consultation with all stakeholders. However, the policies take into consideration rights, interests and
safety of all concerned stakeholders, based on good governance principles.

The following Company policies inter alia cover the principles enumerated above.
P1 Code of conduct P6 Environment, Health and Safety Policy /
Sustainability policy
P2 Environment, Health and Safety Policy / P7 N.A.
Sustainability policy
P3 Code of Conduct, Nomination and Remuneration P8 CSR Policy
Policy & Internal HR Policies for Employees, POSH
P4 CSR Policy P9 Customer Policy
P5 Code of Conduct - -

#2: Policies comply with the principles and conditions stipulated in various laws, rules and regulations applicable to the Company
in its conduct of business nationally as well as globally.
#3: MD=Managing Director, ED = Executive Director, CEO = Chief Executive Officer, Ch. = Chairman
#4: https://www.fermentabiotech.com/policies.php
https://fermentabiotech.com/sustainability.php#Environment_Health_Safety
#5: The Company has not carried out independent audit of the policies by an external agency. However, the Internal Audit function
periodically reviews the implementation of Company policies. The management reviews compliance of policies at the time of
considering the Board’s report each year.

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