|► 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
- 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 Financial Year ended 31st March, 2017, that may have a potential conflict
with the interests of the Company at large. The policy of Related Party Transaction has been
uploaded in the Website of the Company (www.assamco.com).
- There has been two cases of non compliances in relation to the appointment of Woman Director
and Composition of the Nomination and Remuneration Committee under the Listing Obligations
and Disclosure Requirements.
- 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.
- The Company has adopted a Whistle Blower Policy (Vigil Mechanism Policy) and the Policy has
been uploaded in the Website of the Company (www.assamco.com).
- Compliance related to the mandatory requirements relevant to the Company has been complied
- 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 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.