Page 109 - Kolte Patil AR 2019-20
P. 109

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
       The quarterly, half yearly and annual financial results of the Company
                                                               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
               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.
       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

                                                                                          Annual Report 2019-20 | 107
   104   105   106   107   108   109   110   111   112   113   114