Page 109 - Kolte Patil AR 2019-20

and are intended to further the Company’s interests. compliance with the code. A declaration signed by Chief
The company has formulated a policy on Related Executive Officer is annexed to this report.
Party transaction. The said policy can be accessed at: MEANS OF COMMUNICATION
https://www.koltepatil.com/assets/uploads/corporate_ The quarterly, half yearly and annual financial results of the Company
governance/157190898585109151.pdf
are published in leading newspapers in India which include
(D) Non-compliance/strictures/penalties Maharashtra Times, Loksatta and Business Standard. The results are
The National Stock Exchange of India Limited and BSE Limited also displayed on Company’s website www.koltepatil.com.
has levied fine of C10,000/- each (excluding taxes) for non-
compliance of Regulation 29 of the Listing Regulations (prior Presentations to institutional investors / analysts
intimation of Board Meeting). The Company has paid fine The Detailed presentations are made to institutional investors and
levied by NSE and BSE. financial analysts on the Company’s unaudited quarterly as well
(E) Whistle Blower Mechanism/Vigil Mechanism as audited annual financial results. These presentations are also
uploaded on the website of the Company.
The Vigil Mechanism of the Company, which also incorporates
a whistle blower policy in terms of the Listing Agreement, The “Investors” section on the Company’s website keeps the
includes an Ethics & Compliance Task Force comprising senior investors updated on the material developments in the Company
executives of the Company. Protected disclosures can be made by providing key and timely information like details of Directors,
by a whistle blower through an e-mail, or dedicated telephone Financial Results, Shareholding Pattern, Annual Reports and
line or a letter to the Task Force or to the Chairman of the Audit procedure and forms for transfer/transmission of shares and request
Committee. of NECS etc.
The Company seeks to maintain the highest ethical and
business standards in the course of its business and has put Electronic Filing with NSE and BSE
in place mechanism of reporting illegal or unethical behavior. All periodical compliance filings like shareholding pattern, corporate
Directors, employees, vendors or customers may report governance report, financial results, media releases, among others
violations of the laws, rules, regulations or unethical conducting are also filed electronically on the NSE Electronic Application
by writing to the notified person. The report received from Processing System and BSE Listing Centre.
employees will be reviewed by Audit Committee. The Directors GENERAL SHAREHOLDER INFORMATION
and Management Personnel are obligated to maintain a) Corporate Identification Number (CIN)
confidentiality of such reporting and ensure that the whistle
blowers are not subjected to any discriminatory practices. No The Corporate Identification Number (CIN) allotted to the
person has been denied access to the Audit Committee. Company by the Ministry of Corporate Affairs (MCA) is
The said policy can be accessed at following link: L45200PN1991PLC129428.
https://www.koltepatil.com/assets/uploads/corporate_ b) AGM Information and Financial Year
governance/1571392266961516182.pdf Day, Date and : Monday, 28 September 2020 at 11.30 AM
(F) Adoption of Mandatory Requirements Time of AGM
Venue : Through audio-visual means
The Company has complied with all the mandatory Financial Year : 01 April 2019 to 31 March 2020
requirements of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015. c) Listing on Stock Exchanges and Scrip Code
The Company has complied with the requirements with respect The Company’s shares have been listed on the following
to the Corporate Governance as stipulated in Regulation 17 to exchanges:
27 and clauses (b) to (i) of sub-regulation (2) of Regulation 46 of i. National Stock Exchange of India Limited (NSE), Exchange
the Listing Regulations.
Plaza, Bandra-Kurla Complex, Bandra (East), Mumbai –
(G) Code of Conduct 400051
The Board of Directors of your Company have laid down its ii. BSE Limited (BSE), Phiroze Jeejeebhoy Towers, Dalal Street,
code of conduct and ethics for all Board Members and Senior Mumbai – 400001.
Management personnel of the Company and the same Scrip Code BSE Code: 532924
has been posted on the website of the Company. All Board NSE Code: KOLTEPATIL
Members and Senior Management Personnel have affirmed

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