Voting Results of 40th Annual General Meeting
Notice of AGM Evoting
Closure of Register of Members
Notice of voting through electronic means
The result of the electronic voting along with Scrutinizer Report
Disclosures :
  1. Materially significant Related Party Transactions. There have been no materially significant Related Party Transactions, pecuniary transactions or relationships between Assam Company India Limited and its Directors for the 15 (fifteen) months period ended 31st March, 2016 that may have a potential conflict with the interests of the Company at large.
  2. There has been two cases of non compliance in relation to the appointment of Woman Director and composition of the Nomination and Remuneration Committee under the Listing Agreement / Listing Regulations.
  3. There were no instances of non compliance by the Company related to penalties, strictures imposed on the Company by Stock Exchange or SEBI or any statutory authority, on any matter related to capital markets during the last three years.
  4. The Company has adopted a Whistle Blower Policy (Vigil Mechanism Policy) and the Policy has been uploaded in the Website of the Company.
  5. The Directors are kept informed of the latest developments in Laws, Rules and Regulations. The need for formal training on these issues therefore is not felt necessary at present.
Risk Management :

The various determined aspects of risk management and minimization are reviewed and the Board is kept informed on important issues.

Share Transfer System :

Securities in physical mode which are lodged for transfer are processed and returned to the Members within the stipulated time, subject to the documents being valid and complete in all respects. The Company adopts the transfer-cum-demat system to facilitate Dematerialization of Shares. The power to approve transfers, transmissions, sub-division, consolidation etc. of the shares has been delegated to the Registrar and Share Transfer Agent (RTA). The Company obtains from a Company Secretary in Practice half-yearly Certificate of Compliance with the share transfer formalities as required under Clause 47 (c) of the Listing Agreement / Regulation 49 of LODR with Stock Exchanges and files a copy of the Certificate with the Stock Exchanges.

Insider Trading Regulations :

To comply with the provisions of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. the Company has adopted a code of internal procedures for prevention of any unauthorized trading in the shares of the Company by the insiders. For the year under review, the Company Secretary was appointed as the Compliance Officer for this purpose.

Outstanding GDRs/ADRs/Warrants/ Convertible Bonds, conversion dates and likely impact on Equity :

The Principal amount of FCCBs outstanding at the end of the year is USD 3.1 Million.