The Report will mention yearly total Sales Turnover and Income and Point out any problems faced by the company which have affected the profits and measures which have been taken to improve the working and reduce costs.-

·        Date of Board Meetings held during the year

·        Number and Date of Committee meeting held during the year

·         No. of Board Meeting attended by the each Directors during the year

·        Subsidiary

·        Associate

·        Joint venture companies, including in the consolidated financial statement is presented.

·         Director/KMP resigned during the year.

The term material included items, the knowledge of which might influence the decision of use of financial statement.

(i) the steps taken or impact on conservation of energy;

(ii) the steps taken by the company for utilizing alternate sources of energy;

(iii) the capital investment on energy conservation equipments;

(B) Technology absorption-

(i) the efforts made towards technology absorption;

(ii) the benefits derived like product improvement, cost reduction, product

development or import substitution;

(iii) in case of imported technology (imported during the last three years reckoned from the beginning of the financial year)-

(a) the details of technology imported;

(b) the year of import;

(c) whether the technology been fully absorbed;

(d) if not fully absorbed, areas where absorption has not taken place, and the reasons thereof; and

(iv) the expenditure incurred on Research and Development.

(C) Foreign exchange earnings and Outgo-

The Foreign Exchange earned in terms of actual inflows during the year and the

Foreign Exchange outgo during the year in terms of actual outflows.

–        Accounting Policy

–        Proper and efficient care for three things:

·        Going concern Basis

·        Adequate Internal Financial Control

·        Compliances with all applicable law

·        Number of Share issued Condition of issue of shares.

·        Pricing formula

·        Total Sweat equity share issued.

·        Money realized and benefit accrued

·        Diluted EPS pursuant to issue of sweat equity shares.

VI.         If ESOP has been given, its details are to be disclosed.

IX.            Also a requirement in terms of Clause 49(vii)(H)(2) of Clause 49.

X.

Applicable to the Companies which have borrowed money from banks & FIs in excess of Rs. 50 Crore.

The details of significant and material orders passed by the regulators or courts or tribunals impacting the going concern status and company’s operation in future.

A MD/WTD of company can receive remuneration or commission from any holding company or subsidiary company of such company. This should be disclosed by the company in Board’s Report.

·        Deposit Accepted during the year.

·        Unpaid and unclaimed deposit at the end of the year.

·        If there is any default in repayment of deposit or payment of interest thereon during the year then; Number of such cases and total amount involved

–        At the beginning of the year

–        Maximum during the year

–        At the end of the year

XIV.             

Composition of CSR Committee, the details about the policy developed and implemented by the Company on Corporate Social Responsibility initiatives taken during the year.

Details about:

·         Policy;

·         Its Implementation;

·         Spending as per Format in CSR Rules.

This will go as a separate annexure to the Board Report in the formant prescribed in CSR Rules. The concept of CSR is based on the principle ‘comply or explain’.

Hence, if Company fails to spend, the Board shall in its report specify the reason for not spending the amount and in case it does not disclose the reason for not spending, the company shall be punishable with fine.

§  Name of retiring directors and whether or not they offer themselves for re-appointment.

§  Casual vacancies in the Board filled during the year.

§  Re-appointment.

§  Casual vacancy in the Board filed during the year

§  Changes in Board during the year, by change of nominees, appointment of additional directors, death, resignation or any other reason

§  Details, if anyone is contesting for election as director/ small shareholder director.

XXI.            If a public company provide financial assistance for the purchase of, or subscription for, fully paid-up shares in the company or its holding company, if the purchase of, or the subscription for, the shares held by trustees for the benefit of the employees or such shares held by the employee of Company.

XXII.             

§  The ratio of remuneration of each director to the median remuneration of theemployees;

§  % increase in remuneration of each Director, KMP and of %— increase in median remuneration of employees

§  Explanation of relationship between average increase in remuneration & Company performance

§  Comparison of remuneration of each KMP against performance of company

§  Variation in market cap/ net worth of company