Vignyan Industries Limited
MAMC Industries Limited
Vignyan Industries Limited
Information for Investors
Compliance with Corporate Governance:
The latest report is as follows:
| Sl.No. | Activity | CG Guidelines Clause | Status of compliance with the CG guidelines (Yes / No / NA) |
Remarks |
|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 |
| I. | Board of Directors | |||
| 1. | Composition of Board | 3.1 | Yes | — |
| 2. | Non-Official Directors | 3.1 | Yes | — |
| 3. | Part-time directors compensation and disclosures | 3.2 | Yes | — |
| 4. | Number of Board meetings | 3.3.1 | Yes | — |
| 5. | Review of compliance of laws | 3.3.3 | Yes | — |
| 6. | Code of Conduct | 3.4 | Yes | — |
| 7. | Risk management | 3.6 | Yes | — |
| 8. | Training for new Board members | 3.7 | Yes | — |
| II. | Audit Committee | |||
| 9. | Constitution of Audit Committee | 4.1 | Yes | — |
| 10. | Audit Committee assigned due role | 4.2 | Yes | — |
| 11. | Audit Committee vested adequate powers | 4.3 | Yes | — |
| 12. | Meetings of Audit Committee | 4.4 | Yes | — |
| 13. | Review of information by Audit Committee | 4.5 | Yes | — |
| III. | Remuneration Committee | |||
| 14. | Constitution of remuneration Committee | 5.1 | Yes | — |
| IV. | Subsidiary Companies | |||
| 15. | Board of subsidiary companies | 6.1 | NA | — |
| 16. | Review of financial statements of subsidiary by Audit Committee | 6.2 | NA | — |
| 17. | Review of performance of subsidiary by Board | 6.3 | NA | — |
| V. | Disclosures | |||
| 18. | Transactions | 7.1 | Yes | — |
| 19. | Accounting Standards | 7.2.1 | Yes | — |
| 20. | Consolidated financial statements | 7.2.3 | NA | — |
| 21. | Segment-wise profit and loss statement | 7.2.4 | NA | — |
| 22. | Board Disclosures – Risk management | 7.3 | Yes | — |
| 23. | Remuneration of directors | 7.4 | Yes | — |
| 24. | Management Discussion and Analysis | 7.5 | Yes | — |
| 25. | Disclosures by Senior management | 7.5.2 | Yes | — |
| VI. | Report and Compliance | |||
| 26. | Report on Corporate Governance | 8.1 | Yes | — |
| 27. | Compliance Certificate | 8.2.1 | Yes | — |
| 28. | Chairman’s speech in AGM and annual report | 8.2.2 | Yes | — |
| 29. | Holding of AGM, adoption of audited accounts and filing of adopted accounts with the Registrar of Companies within the stipulated time | — | Yes | — |
| 30. | Timely submission of Compliance report | 8.3 | Yes | — |
Company Policies
- 16.09.2017 Risk Management Policy
- 21.03.2016 Whistle Blower Mechanism
MAMC Industries Limited
