Page 79 - inside page.cdr

ANNUAL REPORT 2018 - 2019

k. Total fees for all services paid by the listed entity and its subsidiaries, on a consolidated basis, to the
statutory auditor and all entities in the network firm/network entity of which the statutory auditor is a
part.

Details relating to fees paid to the Statutory Auditors are given in Note 30 to the Standalone Financial
Statements and Note 30 to the Consolidated Financial Statements.

l. Disclosures in relation to the Sexual Harassment of Women at Workplace (Prevention, Prohibition and
Redressal) Act, 2013.

No complaints filed / received by the Internal Complaints Committee / Company during the year.

m. Non-mandatory requirements

Adoption of non-mandatory requirements of the Listing Regulations is being reviewed by the Board
from time to time.

DETAILS OF ADOPTION OF NON-MANDATORY (DISCRETIONARY) REQUIREMENTS

Non-mandatory (discretionary) requirements under Regulation 27 of the Listing Regulations The status of
compliance with the non-mandatory requirements of the Listing Regulations is provided below :
• The Board

The requirement relating to maintenance of office and reimbursement of expenses of Non-Executive
Chairman is not applicable to the Company since the Chairman of the Company is an Executive
Director.

• Shareholders rights

The Company has not adopted the practice of sending out half-yearly declaration of financial
performance to shareholders. Quarterly results as approved by the Board are disseminated to Stock
Exchanges and updated on the website of the Company.

• Modified opinion(s) in audit report
There are no modified opinions in audit report.

• Reporting of Internal Auditor

In accordance with the provisions of Section 138 of the Companies Act, 2013, the Company has
appointed an Internal Auditor who reports to the Audit Committee.

Mandatory / Non Mandatory compliances :

The Company has been complying with all mandatory legislations including but not restricted to Indian
Accounting Standards, Secretarial Standards, Internal Financial Controls, Code of Conduct, Code of Practices
and Procedures for Fair Disclosures of Unpublished Price Sensitive Information, Corporate Social
Responsibility etc.

The Company does not have any material subsidiary.

The Company does not have any shares lying in the demat suspense account/ unclaimed suspense
account.

75
CORPORATE GOVERNANCE