€¦ · XLS file · Web view · 2011-04-18Goldstone Infratech Limited Goldstone Technologies...

Company-wise submissions with respect to compliance with provisions of Corporate Governance for the quarter ended December 31, 2010.Sr No Company Name Particulars

Clause 49 I A 49 I B 49 I C 49 I D1 20 Microns Limited Status YES YES YES YES

Remarks

2 Status YES YES YES YES

Remarks3 3i Infotech Limited Status YES YES YES YES

Remarks4 3M India Limited Status YES YES YES YES

Remarks Complied Complied Complied Complied5 Status YES YES YES YES

Remarks

6 Aarti Drugs Limited Status YES YES YES YESRemarks

7 Aarti Industries Limited Status YES YES YES YESRemarks


Remarks9 Aban Offshore Limited Status YES YES YES YES

Remarks10 ABB Limited Status YES YES YES YES

Remarks

Composition of Board

Non-executive Director's Compensation and disclosures

Other provisions as to Board and Committees

Code of Conduct

21st Century Management Services Limited

A2Z Maintenance & Engineering Services Limited

Aarvee Denims & Exports Limited

Necessary disclosures made in the Annual Report. The Same would be done in future also.


Remarks

12 ABG Shipyard Limited Status YES YES YES YESRemarks

13 Abhishek Corporation Limited Status YES YES YES YESRemarks

14 Aditya Birla Nuvo Limited Status YES YES YES YESRemarks

15 Abhishek Industries Limited Status YES YES YES YESRemarks

16 ACC Limited Status YES YES YES YESRemarks


Remarks18 Ackruti City Limited Status YES YES YES YES

Aditya Birla Chemicals (India) Limited

Compliance Made

Compliance Made

Compliance Made

Compliance Made

Declaration as to compliance of Code of Conduct signed by Managing Director shall be included in Annual Report for financial year 2010-11.

Action Construction Equipment Limited

Remarks Compliant. Compliant.

19 Adani Enterprises Limited Status YES YES YES YESRemarks

20 Adani Power Limited Status YES YES YES YESRemarks

21 ADF Foods Limited Status YES YES YES YESRemarks

22 Adhunik Metaliks Limited Status YES YES YES YESRemarks

23 Ador Welding Limited Status YES YES YES YESRemarks

24 Allied Digital Services Limited Status YES NA YES YESRemarks


Remarks

26 Advanta India Limited Status YES YES YES YES

Compliant - Details of fees / compensation paid to Non-executive Directors will be disclosed in the section on Corporate Governance of the Annual Report for the year 2010-11.

Compliant - Affirmation by Board members and Senior Management regarding compliance with the Code of Conduct will be disclosed in the section on corporate Governance of the Annual Report for the year 2010-11.

The affirmation of compliance with the code by the Board members and Senior management personnel for the FY 2009-10 has been complied in the Annual Report of 2009-10.

Clause 49 (I D) (ii) will be complied in the next Annual Report.

Advani Hotels & Resorts (India) Limited

Remarks

27 Aegis Logistics Limited Status YES YES YES NARemarks

28 Accel Frontline Limited Status YES YES YES YESRemarks

29 Aftek Limited Status YES YES YES YESRemarks

30 AGC Networks Limited Status YES YES YES YESRemarks

31 Agee Gold Refiners Limited Status YES YES YES YESRemarks

32 Agre Developers Limited Status YES YES YES YES

Code of Conduct for the Board of Directors and Senior Management Personnel is available in the Company's Website i.e.www.advantaindia.com

Applicable at year end.

The Composition of the Board of Directors is as per the Listing Agreement.

The Company is complying with the requirement.

The Company is complying with the relevant provisions.

A Code of Conduct has been adopted and posted on the website of the Co. Certificates from Directors & Senior Management and the CEO are been taken on an annual basis (financial year/annual report).

Remarks

33 Agro Dutch Industries Limited Status YES YES YES YESRemarks

34 Asian Hotels (East) Limited Status YES YES YES YES

The Board of Directors consists of Nine Directors. Out of Five Non - Executive Directors Four are Independent Non - Executive Directors and One Nominee Director.

Except sitting fees and reimbursement of expenses, the Non Executive Directors are not paid any remuneration.

The Board met 1 times in this quarter with a gap of not more than four months between two meetings. The Board was provided with all the relevant information as per the requirements of clause 49.

The company has a code of conduct for all the Board Members and Senior Management. The same has been posted on the website of the company.

Remarks


Remarks

36 Asian Hotels (West) Limited Status YES YES YES YESRemarks

37 Ahmednagar Forgings Limited Status YES YES YES YESRemarks

38 AIA Engineering Limited Status YES YES YES YESRemarks

Composition of Board is as follows: 1) Mr.R.S.Saraf - Non-Independent, Non-Executive Chairman 2) Mr. S.S.Bhandari - Independent, Non-Executive 3) Mr. R.S. Jhawar - Independent, Non-Executive 4) Mr. Padam K. Khaitan - Independent, Non-Executive. 5) Mr. Arun K Saraf - Joint Managing Director (Executive and Non Independent) 6) Mr. Umesh Saraf - (Executive and Non Independent).

Sitting fees paid to non-executive directors are within the limits of prescribed under the Companies Act 1956. Hence no approval of shareholders is required. Non-Executive Directors are not paid Commission during the latest financial year conveyance is reimbursed to them for attending the Board Meetings, Committee Meetings, and General Meetings also, Details of sitting fees paid during the Financial Year 2010-2011 will be disclosed in the next Annual Report of the Company.

During the current financial year upto December 200, 4 Board Meetings have been held and the gap between 2 meetings did not exceeded 4 months.

The Board laid down a code of conduct for the Members of the Board and for its Senior Management, which has been approved by the Board at its meeting held on October 25, 2010. Other compliance pursuant to clause 49(ID) of the Listing Agreement with the stock exchange, has also been done.

Ahluwalia Contracts (India) Limited


Remarks

40 Ajanta Pharma Limited Status YES YES YES YESRemarks


Remarks

42 Aksh Optifibre Limited Status YES YES YES YESRemarks

43 Akzo Nobel India Limited Status YES YES YES YESRemarks

44 Allahabad Bank Status YES YES YES YES

AI Champdany Industries Limited

Declaration as necessary will be made in the Annual Report for the year ending on 31st March, 2011 and thereafter.

Ajmera Realty & Infra India Limited

Remarks

45 Alchemist Limited Status YES YES YES YESRemarks

46 Alembic Limited Status YES YES YES YESRemarks

47 Alfa Laval (India) Limited Status YES YES YES YESRemarks

48 Alkali Metals Limited Status YES YES YES YESRemarks


Remarks50 Status YES YES YES YES

Being Nationalized Bank, Directors other than shareholders' directors are appointed by Government of India. Shareholders' Directors are (in our case restricted to maximum 3) elected by shareholders other than Government of India.

Alkyl Amines Chemicals Limited

Allcargo Global Logistics Limited

Remarks

51 Allsec Technologies Limited Status YES YES YES YESRemarks


Remarks

53 Alok Industries Limited Status YES YES YES YESRemarks

54 Alpa Laboratories Limited Status YES YES YES YESRemarks

55 Alphageo (India) Limited Status YES YES YES YESRemarks

56 Alps Industries Limited Status YES YES YES YESRemarks

The constitution of the Board during the quarter was partly not in compliance with the prescribed code due to the resignation of an Independent Director. The Company has appointed an independent director w.e.f. October 18, 2010. With the aforesaid appointment the constitution of the Board is in accordance with the prescribed code.

Will be complied, if applicable.

Almondz Global Securities Limited

Sitting fees approved by the Board of Directors.

The Board consists a total of six directors; three of which are independent.

Disclosed in the Annual Report for the year 2009-10.

57 Amar Remedies Limited Status YES NA YES YESRemarks

58 Amara Raja Batteries Limited Status YES YES YES YESRemarks


Remarks

60 Ambika Cotton Mills Limited Status YES YES YES YESRemarks Complied with Complied with

61 Ambuja Cements Limited Status YES YES YES YES

Code of Conduct has been laid down and posted on the web site of the Company. Affirmation regarding compliance with the code of conduct for the year 2010-11 from the relevant persons will be obtained before 30th April 2011. A declaration from the CEO on compliance will also be included in the Annual Report 2010-11.

Ambica Agarbathies & Aroma industries Limited

Complied with (The Chairman of the Board is an Executive Director. The total strength of the Board is 6, of which 4 are Independent Directors).

Complied with (The Company do not pay any compensation to any of its Non-Executive Directors excepts sitting fees.)

Remarks

62 AMD Industries Limited Status YES YES YES YESRemarks

63 Amtek Auto Limited Status YES YES YES YESRemarks

64 Amtek India Limited Status YES YES YES YESRemarks

65 Anant Raj Industries Limited Status YES YES YES YESRemarks

66 Andhra Bank Status YES YES YES YES

Remarks

67 Andhra Cements Limited Status YES NA YES YESRemarks

68 The Andhra Sugars Limited Status YES YES YES YESRemarks

69 ANG Industries Limited Status YES YES YES YESRemarks

70 Anik Industries Limited Status NO YES YES YES

Our Board consists of 13 Directors out of which 3 are Executive wholetime Directors. Out of the remaining 10 directors, 7 Directors are Non-executive Independent Director.

The payment of the Non-Executive Directors is made in accordance with the guidelines issued by Government of India.

1. The Board of Directors of the Bank meets every month as against the requirement of at least 4 times in a year with a maximum time gap of 3 months between any two meetings. 2.The total number of Companies in which the Directors hold membership in Committees (or) act as Chairmen of Committees across all companies in which they are directors, are within the maximum limit of 10 & 5 respectively. 3. A policy on compliance and compliance functions has been formulated and put in place. As per the

The Bank has adopted a code of conduct for the Directors and Senior Management of the Bank. The code of conduct is posted on website:-'www.andhrabank.in'. All the Board members and senior management personnel affirm compliance with the Code of Conduct on an annual basis.

Only Board Meeting Sitting Fee are paid to Non-Executive Directors. No other Compensation are paid.

No remuneration is paid to non-executive directors except Sitting Fee for attending each Board / Committee Meetings as approved by Shareholders.

Remarks


Remarks


Remarks


Remarks

74 Antarctica Limited Status YES NA YES YESRemarks

Will be complied in the next quarter.

Ankur Drugs And Pharma Limited

Declaration of affirmation of compliance of code of conduct by the CEO shall be included in the Annual report.

Ansal Properties & Infrastructure Limited

Ansal Housing and Construction Limited

Total Directors - 6, Independent Directors - 4

Disclosure made in Annual Report for the Financial Year 2009-2010.

During the quarter ended 31.12.2010, one Meetings of the Board of Directors were held on 15.11.2010.

Code of Conduct was adopted by the Board Members in their Meeting held on 22.10.2005.

Will be complied with at the appropriate time.

75 Apar Industries Limited Status YES YES YES YESRemarks

76 Apcotex Industries Limited Status YES YES YES YESRemarks

77 Alstom Projects India Limited Status YES YES YES YESRemarks


Remarks

79 Apollo Tyres Limited Status YES YES YES YESRemarks


Out of 9 Directors, 1 is Managing Director. 3 are Non-Executive Non-Independent Directors, 5 are Non-Executive Independent Directors.

Payment of commission to Non-Executive Directors is disclosed in the Annual Report of Financial Year 2009-10.

Code of Conduct for Board Members and Senior Management Personnel is in place and also put on the Company's website.

Apollo Hospitals Enterprise Limited

The Andhra Pradesh Paper Mills Limited

Remarks

81 Aptech Limited Status YES YES YES YESRemarks

82 Aqua Logistics Limited Status YES YES YES YES

Included in the Annual Report for the financial year 2009-10.

The Code of Conduct for Senior Managers and Board of Directors is laid down and posted on the Company's Website. All the Board Members and Senior Management Personnel have affirmed compliance with the code for the year ended 31st March, 2010. The necessary declaration by the CEO for the period ended March 31, 2010 would be incorporated in the Annual Report published by the Company for the period ended 31st March, 2010.

Remarks

83 Aravali Industries Limited Status YES - YES YESRemarks

84 Archidply Industries Limited Status YES YES YES YESRemarks

85 Archies Limited Status YES YES YES YESRemarks

86 Rajdarshan Industries Limited Status YES YES YES YESRemarks

87 Areva T&D India Limited Status YES YES YES YESRemarks

88 Aries Agro Limited Status YES YES YES YESRemarks


None of the non executive director is holding any shares in the Company.

The non-executive independent directors are paid only sitting fees; hence shareholders approvals is not required.

Arihant Foundations & Housing Limited

Remarks

90 Arvind Remedies Limited Status YES YES YES YESRemarks

91 Aro Granite Industries Limited Status YES YES YES YESRemarks

92 Arrow Textiles Limited Status YES YES YES YESRemarks

93 Arshiya International Limited Status YES YES YES YESRemarks


Remarks95 Arvind Limited Status YES YES YES YES

Remarks96 Asahi India Glass Limited Status NO YES YES YES

During the quarter, 01.10.2010 to 31.12.2010, Two (3) Board meetings were held on 01.10.2010. 29.10.2010 and 29.11.2010. The membership in the Committees and Chairmanship of Directors is within the limit laid down under clause 49 of the listing agreement.

The necessary declaration has been made in the Annual report for the financial year ended 31.03.2010.

ARSS Infrastructure Projects Limited

Remarks


Remarks

98 Ashapura Minechem Limited Status YES YES YES YESRemarks

99 Ashco Niulab Industries Limited Status YES YES YES YES

Remarks100 Ashima Limited Status YES YES YES YES

Remarks

101 Ashoka Buildcon Limited Status YES YES YES YES

The Company is actively looking to appoint eminent persons as Independent director on its Board. However there is no reportable progress in this matter and we assure to notify the Exchange about any reportable development.

Automotive Stampings and Assemblies Limited

Sitting fees, as approved by the Board of Directors, are paid within the limits prescribed by company's Act, 1956 and the details of the fees paid during the financial year, are disclosed in the respective Annual Report for the year 2009-2010.

The same has been approved by the Board and posted on the Company's Website. Declaration from CEO, confirming compliance was included in the Annual Report for the year 2009-2010.

Remarks

102 Ashok Leyland Limited Status YES YES YES YESRemarks

103 Asian Electronics Limited Status YES YES YES YESRemarks

104 Asian Hotels (North) Limited Status YES YES YES YESRemarks

105 Asian Paints Limited Status YES YES YES YESRemarks

106 Asian Granito India Limited Status YES YES YES YESRemarks N.A. N.A. N.A. N.A.


Remarks

108 Assam Company India Limited Status YES YES YES YESRemarks

109 Astec LifeSciences Limited Status YES YES YES YESRemarks

110 Aster Silicates Limited Status YES YES YES YESRemarks

111 Astral Poly Technik Limited Status YES YES YES YESRemarks

112 Status YES NA YES YES

Annual Report for FY 2011 will contain CEO's declaration.

Being complied with, in the annual report.

Amit Spinning Industries Limited

(Included in Annual Report for the year 2009-2010.)

Astra Microwave Products Limited

Remarks


Remarks

114 Atcom Technologies Limited Status YES YES YES YESRemarks N.A. N.A. N.A. N.A.

115 Agro Tech Foods Limited Status YES YES YES YESRemarks

116 Atlanta Limited Status YES YES YES YESRemarks

117 Atlas Cycles (Haryana) Limited Status YES NA YES YESRemarks

118 ATN International Limited Status YES YES YES YESRemarks

Will be disclosed in the next Annual Report.

AstraZeneca Pharma India Limited

Will be disclosed in the Annual Report 2010.


An Independent Director of the Company resigned with effect from 21st October, 2010. The Company is in the process of identifying and appointing another independent Director to comply with the Clause within the time frame as has been stipulated.

Payment of sitting fees to Non-Executive Independent Directors for attending meetings of the Board and other Committees of the Board has been approved by the Board of Directors.

Last Board Meeting held on 20th October, 2010, next Board Meeting is on 19th January, 2011.

Code of Conduct for Board and Senior Management and Non Mandatory Whistle Blower Policy approved by the Board on 24th January, 2006. and amended on 21st October, 2009. This is posted on the website of the Company. www.atfoods.com.

Will be complied with when required.

Has been stated in the Annual Report 2009-2010.

119 Atul Limited Status YES YES YES YESRemarks

120 Aurionpro Solutions Limited Status YES YES YES YESRemarks

121 Aurobindo Pharma Limited Status YES YES YES YESRemarks

122 Ausom Enterprise Limited Status YES YES YES YESRemarks NA NA NA NA

123 Austral Coke & Projects Limited Status YES YES YES YES

Remarks124 Automotive Axles Limited Status YES YES YES YES

Remarks

125 Autoline Industries Limited Status YES YES YES YESRemarks

126 Autolite (India) Limited Status YES YES YES YESRemarks

127 Autoriders Finance Limited Status YES NA YES YESRemarks

128 Aventis Pharma Limited Status YES YES YES YES

Complied in Annual Report 2009-10.

Presently there is no executive director employed by the company.

Remarks

129 AVT Natural Products Limited Status YES - YES YESRemarks

130 Axis-IT&T Limited Status YES YES YES YESRemarks

131 Axis Bank Limited Status YES YES YES YESRemarks

132 B.A.G Films and Media Limited Status YES YES YES YES

Shall be complied with when required. The Company has not issued any stock options.

Smt. Shikha Sharma is presently the Managing Director & CEO of the Bank w.e.f. 01/06/2009. Dr. Adarsh Kishore has taken over as the Non-Executive Chairman of the Bank w.e.f. 08/03/2010.

The Codes of conduct for the Board of Directors and for the senior management have been displayed on the Bank's website. All Directors and Senior Management Personnel have affirmed the compliance with the code as on March 31, 2010 and the Annual Report of the Bank for the year 2009-10 is containing a declaration to this effect signed by CEO.

Remarks

133 Bajaj Auto Limited Status YES YES YES YESRemarks

134 Bajaj Corp Limited Status YES YES YES YESRemarks

135 Bajaj Electricals Limited Status YES YES YES YESRemarks

136 Bajaj Finserv Limited Status YES YES YES YESRemarks

137 Bajaj Hindusthan Limited Status YES YES YES YESRemarks


Remarks139 Bajaj Finance Limited Status YES YES YES YES

Remarks

No remuneration is paid to the non-executive directors. Professional fees is being paid to Mr. Rajiv Shukla with the approval of Central Government, which the company has been disclosing in its Annual Report.

Declaration signed by CEO will be complied in the next Annual Report.

Will be complied in next Annual Report.

Bajaj Holdings & Investment Limited

140 Balaji Telefilms Limited Status YES YES YES YESRemarks

141 Balaji Amines Limited Status YES YES YES YESRemarks

142 Balkrishna Industries Limited Status YES YES YES YESRemarks

143 Ballarpur Industries Limited Status YES YES YES YESRemarks


Remarks

145 Bal Pharma Limited Status YES YES YES YESRemarks

146 Balrampur Chini Mills Limited Status YES YES YES YES

Balmer Lawrie & Company Limited

(i) The Board of Directors of the Company shall have an optimum combination of executive and non-executive Directors with not less than 50% of the Board of Directors comprising of non-executive Directors. (ii) Where the Chairman of the Board is a non-executive Director, at least One-third of the Board should comprise of independent Directors and in case he is an executive Director, at least half of the Board should comprise of independent Directors. Provided that where the non-executive Chairman is a promoter of the Company or is

All Fees / Compensation paid to non-executive Directors shall be fixed by the Board of Directors and shall be approved by the Shareholders in general meeting. The shareholders resolutions shall specify the limits for the maximum number of stock options that can be granted to non-executive Directors, including independent Directors.

Board shall meet at least 4 times a year, with a maximum time gap of 4 months between any 2 meetings. A Director shall not be a member in more than 10 committees or acts as a Chairman of more than 5 Committees.

The Board shall lay down a code of conduct for all Board members and senior management of the Company. The code of conduct shall be posted on the website of the Company. All board members and senior management personnel shall affirm compliance with the code on an annual basis. The Annual Report of the Company shall contain a declaration to this effect signed by CEO.

Remarks147 Banaras Beads Limited Status YES YES YES YES

Remarks


Remarks149 Banco Products (I) Limited Status YES YES YES YES

Remarks

150 Bang Overseas Limited Status YES YES YES -Remarks

151 Bank Of Baroda Status YES YES YES YESRemarks

152 Bank Of India Status YES YES YES YESRemarks

153 Banswara Syntex Limited Status YES YES YES YESRemarks

154 Bartronics India Limited Status YES YES YES YES

Disclosed in Annual Report upto 31st March 2010 and for subsequent period to be complied in future.

Bannari Amman Sugars Limited

Will be complied in the Annual Report.

Governed by the Banking Companies (Acquisition and Transfer of Undertakings) Act,1970 and the Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970 as amended from time to time by GOI.

Governed by the Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970 as amended from time to time by GOI.

The composition of Board of Directors of Bank is governed by the provisions of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act-1970.

Remarks

155 BASF India Limited Status YES YES YES YESRemarks Complied Complied Complied Complied


Remarks157 Bata India Limited Status YES YES YES YES

Remarks

158 Batliboi Limited Status YES YES YES YESRemarks

159 Bharat Bijlee Limited Status YES YES YES YES

Bannari Amman Spinning Mills Limited

Complied Annually

Remarks


Remarks

161 Bedmutha Industries Limited Status YES - YES -Remarks

162 Bharat Electronics Limited Status YES NA YES YESRemarks

163 Bell Ceramics Limited Status YES YES YES YESRemarks

164 BEML Limited Status YES YES YES YES

Except for sitting fees paid to Non Executive Directors under the provisions of the Companies Act, 1956 no compensation is being paid to any Non Executive Directors.

Bombay Burmah Trading Corporation Limited

Will be complied.

Will be complied.

Non-executive directors on BEL Board are not being paid any remuneration. Sitting fees paid (to independent directors only) is within prescribed limit.

Remarks


Remarks166 Berger Paints (I) Limited Status YES YES YES YES

Remarks

167 BF Utilities Limited Status NO YES YES YESRemarks

168 BGR Energy Systems Limited Status NO YES YES YESRemarks

Bhansali Engineering Polymers Limited

Please refer our letter No. SECT/BFUL/NSE/2094 dated November17, 2008 (Enclosed copy of letter)

During the current quarter, the number of independent director was less than half of the total number of directors.

Complied with in the Annual Report for 2009-10.


Remarks

170 Bhagyanagar India Limited Status YES YES YES YESRemarks

171 Bharat Forge Limited Status YES YES YES YESRemarks

172 Bharat Gears Limited Status YES YES YES YESRemarks

173 Bharat Rasayan Limited Status YES NA YES YESRemarks

174 Bharti Airtel Limited Status YES YES YES YESRemarks

175 Bharati Shipyard Limited Status YES YES YES YES

Bhagwati Banquets and Hotels Limited

Total Strength of the Board - 8 Chairman - Executive Executive Directors -2 (including Chairman) Non - Executive Directors -6 Independent Directors - More than ½ of total strength

1. The appointment of Mr. Surinder P. Kanwar, Chairman & Managing Director of the Company expired on 30th September, 2010.The Board has re-appointed him for a further period of five(S) years w.e.f October, 2010 at such remuneration as detailed in the Annual Report for the year 2009-2010 and such appointment has been approved by the shareholders at the Annual General Meeting of the Company held on Thursday, 29th July, 2010. The proposed remuneration has also been recommended

During the quarter ended 3Pt December, 2010, one Board meeting has been held on 28th October, 2010. None of the members of the Board is a member in more than 10 mandatory committees or Chairman in more than 5 mandatory committees.

The Code of Conduct has been framed and the same is posted on the Company's website. The Board of Directors and senior members have already been affirming to the Code of conduct Further, the Annual Report of the Company for the year 2009-10 contains a declaration to this effect signed by the Chairman & Managing Director and the Company Secretary.

Remarks176 Status NO YES YES YES

Remarks

177 Bhushan Steel Limited Status YES YES YES YESRemarks

178 Bhartiya International Limited Status YES YES YES YESRemarks Duly complied Duly complied Duly followed

179 Bilpower Limited Status YES YES YES YESRemarks

180 Binani Cement Limited Status YES YES YES YES

Bharat Heavy Electricals Limited

The Board of Directors has an appropriate mix of Functional Directors, Government Nominee Director and Non-Executive Independent Directors. BHEL's Board structure consists of 16 (sixteen) directors comprising Chairman & Managing Director, Five Whole-time Directors (Functional Directors), Two Government nominees and Eight Non-Executive (Independent) Directors. As on 31.12.2010 there exists two vacancy for the post of Director (IS & P) and 3 vacancies of Independent Directors in BHEL.The

(i) The Board has laid down a Code of Business Conduct and Ethics for Board members and senior management personnel of the company. The said code is also posted on the website of the Company. (ii) All Board members and senior management personnel have affirmed annual compliance with the said code. A declaration to this effect signed by CEO has been disclosed in the Annual Report for the year 2009-10. This will be complied with in future also.

Posted on Company's website. CEO declaration will be given in Annual Report 2010-2011.

Complied in the Annual Report 2009-2010.




Remarks

181 Binani Industries Limited Status YES YES YES YESRemarks


Remarks183 Biocon Limited Status YES YES YES YES


Remarks

185 Birla Corporation Limited Status YES YES YES YESRemarks

186 Birla Cotsyn (India) Limited Status YES YES YES YESRemarks

187 Birla Ericsson Optical Limited Status YES YES YES YESRemarks

188 Aditya Birla Money Limited Status YES YES YES YESRemarks

189 Birla Power Solutions Limited Status YES YES YES YESRemarks

190 BLB Limited Status YES YES YES YESRemarks

191 Bliss GVS Pharma Limited Status YES YES YES YES

Already Constituted

Sitting fee and Commission are being paid to non executive directors.

Already Confirmed

Oswal Chemicals & Fertilizers Limited

Biofil Chemicals & Pharmaceuticals Limited

Will be furnished in Annual Report of 2010-11.


None of Directors are receiving any remuneration other than the sitting fees.

The Company is not paying any remuneration other than sitting fees to Non-Executive Director.

Remarks


Remarks193 Blue Bird (India) Limited Status NO YES YES YES

Remarks

194 Blue Blends (I) Limited Status YES YES YES YES

Total no. of Directors : 7, Non-executive : 4, Executive Directors : 3.

Only sitting fees.

The Board meets once in every quarter. None of the Directors are member of 10 committees or acts as a chairman of more than 5 Committees.

The code of conduct has been complied in true spirit.

B. L. Kashyap and Sons Limited

Executive Directors - 4, Independent Directors - 3, (One Independent Director Resigned on April 18, 2010), Company Secretary of the Company has resigned w.e.f. October 29th, 2010.

Remarks

195 Blue Chip India Limited Status YES YES YES YESRemarks


Remarks

197 Blue Dart Express Limited Status YES YES YES YES

The Nominee Director (IFCI) Smt. Rashmi Sachdev has resigned from the Directorship of the Company. The Board of Directors of the Company consists of the following Directors: (1) Mr. Anand Arya-Chairman & Managing Director; (2) Mr. Suraj Dugar- Executive Director; (3) Mr K. S. Varadhan - Non Executive Director; (4) Mr. S K Tambawalla - Independent Director; (5) Mr. K. Parthasarathy - Independent Director; The Board of Directors of the Company has an optimum combination of executive and Non-executive

The Board meetings are held at least four times a year, with a maximum, time gap of three months between any two meetings. During the current quarter from October 2010 to December 2010 one Board meeting was held on October 29, 2010. None of the Directors of the Company is a member in more than ten committees or chairman of more than five committees across all companies in which he is a Director.

The Board of Directors has laid down a code of conduct for all board members and senior management of the company. All the members and senior management personnel have affirmed compliance with the code at the end of the year and the annual report contains a declaration to this effect signed by the CEO.


Blue Coast Hotels and Resorts Limited

Remarks NiL NiL NiL NiL

198 Blue Star Limited Status YES YES YES YESRemarks

199 Blue Star Infotech Limited Status YES YES YES YESRemarks

200 BOC India Limited Status YES YES YES YESRemarks


Total no. of Directors on Board : 6 No. of Executive Directors : 1 No. of Non Exec. Directors : 5 Note : Out of 5 Non-Executive Directors, 3 Directors including the chairman are independent Directors.

Complied with in the Annual Report 2009 for the year ended 31 Dec. 2009.

Bombay Dyeing & Mfg Company Limited

Remarks

202 Bosch Limited Status YES YES YES YESRemarks

203 Status NO YES YES YES

Remarks

204 Bpl Limited Status YES YES YES YESRemarks

205 Brandhouse Retails Limited Status YES YES YES YESRemarks

Reported in the Annual Report for 2009 published in May 2010. No change for this quarter. (Independent Directos constitutes 50% of the total strength of the Board)



A code of conduct for Board members and Senior Management was approved by the Board of Directors at their meeting held on 01.03.05. Code of Conduct has been posted on Company's website: www.boschindia.com. Annual affirmation of compliance with the code by board Members and Senior Management for 2010 obtained in Jan 2011. Declaration to that effect will be made in the Annual Report for 2010 published in May 2011.

Bharat Petroleum Corporation Limited

Nominations of Independent Directors by the Search Committee of Govt. of India is awaited.

Already laid down and being followed.


Remarks

207 Brigade Enterprises Limited Status YES YES YES YESRemarks

208 Britannia Industries Limited Status YES YES YES YESRemarks

209 Broadcast Initiatives Limited Status YES YES YES YESRemarks


Remarks

211 BSL Limited Status YES YES YES YESRemarks

212 BS TransComm Limited Status YES YES YES NORemarks

213 Burnpur Cement Limited Status YES YES YES YESRemarks

214 Barak Valley Cements Limited Status YES YES YES YESRemarks

215 Cadila Healthcare Limited Status YES YES YES YES

Bombay Rayon Fashions Limited

Duly complied for the financial year ie. April 2009 - March 2010.

Will be complied in the next Annual Report 2010-11.


BSEL Infrastructure Realty Limited

Implemented since December 2004.

Only sitting fees as per the Companies Act 1956 is paid.

The Code of conduct is to be introduced shortly.

Remarks

216 Cairn India Limited Status NO YES YES YESRemarks


Remarks

218 Cambridge Solutions Limited Status YES YES YES YESRemarks

219 Camlin Limited Status YES YES YES YESRemarks

220 Canara Bank Status YES YES YES YES

In terms of circular dated 23rd October 2008, atleast 50% of the Board should consist of Independent directors. The Company has already appointed one independent director in its meeting held on 18th March, 2009 and efforts are on to induct two more independent directors with requisite expertise.

California Software Company Limited

Remarks

221 C & C Constructions Limited Status NO YES YES YESRemarks

222 Can Fin Homes Limited Status YES NA YES NARemarks

223 Cantabil Retail India Limited Status NO YES YES NO

Constitution of Board of Directors, Audit Committee, Remuneration of Directors, Board procedures, Management and compliance in respect of our Bank are governed under the provisions of Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, Banking Regulation Act, 1949, Nationalised Banks (Management and Miscellaneous Provisions) Scheme 1970 and RBI Directives in this regard.




Will be complied in the next Annual Report.

Remarks

224 Carborundum Universal Limited Status YES YES YES YES

Remarks

225 Carol Info Services Limited Status YES YES YES YESRemarks

226 Castrol India Limited Status YES YES YES YES

Total Directors - 7, Non-Executive Independent Directors ¿ 3, Mr. Romesh Lal, Non-Executive Independent Director resigned on 09.11.2010. The Compliance will be done within timeframe provided under Clause 49 [IC(iv)].

Code of Conduct has already been laid down by the Board for all Board members and Senior Management and posted on the website of the Company. Affirmation of compliance with the code on an annual basis and declaration to this effect will be complied in the Annual Report for the Financial Year 2010-11.

The composition of Board therefore is in compliance with the requirements of Clause 49(IA).

All the fees/ compensation paid to directors have been approved by the Board. Further these have also been approved by shareholders except sitting fees paid within the limits prescribed under the Companies Act, for which no approval of Central Government is required.

The requirements regarding frequency of Board Meetings, minimum information and committee memberships, reviewing of compliance reports have been complied with.

The code of conduct is posted on the website. The declaration from the CEO regarding compliance with the Code of Conduct was incorporated in the Annual Report for 2009-10. This will also be complied with in the next Annual Report.

Remarks


Remarks228 CCL Products (India) Limited Status YES YES YES YES

Remarks


Remarks

230 CEAT Limited Status YES YES YES YESRemarks


Remarks

232 Celebrity Fashions Limited Status YES YES YES YESRemarks

233 Celestial Biolabs Limited Status YES YES YES YES

The Company's Financial year is January-December. The Company had complied for financial Year 2009 and Would do so far 2010 when the Annual Report is printed.


Consolidated Construction Consortium Limited

CFL Capital Financial Services Limited

Commercial Engineers & Body Builders Co Limited

Remarks

234 Century Enka Limited Status YES YES YES YESRemarks

235 Century Extrusions Limited Status YES YES YES YESRemarks

236 Central Bank of India Status YES YES YES YESRemarks

237 Centum Electronics Limited Status YES YES YES YESRemarks NIL NIL



Remarks

240 Cera Sanitaryware Limited Status YES YES YES YESRemarks

241 CESC Limited Status YES YES YES YESRemarks


Remarks

Approval of shareholders obtained at the AGM held on December 3, 2007.

Century Plyboards (India) Limited

Century Textiles & Industries Limited

Chambal Fertilizers & Chemicals Limited

Clause 49 (1)(D) will be complied on annual basis.

243 Chemfab Alkalis Limited Status YES YES YES YESRemarks

244 Chemplast Sanmar Limited Status YES YES YES YESRemarks


Remarks

246 Cheslind Textiles Limited Status YES YES YES YESRemarks


Non executive directors' compensation was disclosed in the Annual report for the year ended 31.03.2010.

CEO/CFO certification on Code of Conduct is a part of the Annual report for the year ended 31.03.2010.

Chennai Petroleum Corporation Limited

The total number of Directors of the Company as on 31.12.2010 is 12 consequent to appointment of Mr. S. Venkataramana as Director (Operations) effective 03.10.2010.The Company meets the requirements of the number of Non-Executive Directors being not less than 50% of the Board of Director of the Company (Out of the total number of 12 Directors, 8 Directors are Non-Executive Directors). As per the amendment to clause 49 of the Listing Agreement, introduced by SEBI vide circular dated 08.04.2008,

Complied With. The Company pays Sitting fees to certain categories of Non-executive Directors who are not the full-time employees of the shareholders and the amount of sitting fees has been decided by the Board of Directors of the Company, based on the authority given by the shareholders. The details of fees paid for the year 2009-10 are being disclosed in the Annual Report 2009-10. The above requirement will be complied with for the Financial year 2010-11 also.

Complied With. During the financial year 2010-11, five Board Meetings were held. The time gap between two board meetings as prescribed is being ensured. As of now there are no Directors who are members in more than 10 committees or act as chairman of more than 5 committees. Necessary disclosures were obtained from all the Directors regarding their membership/chairmanship in various committees and the statement of Committee positions was placed before the Board at the Meeting held on 18/05/2010.

Complied with. The Company has laid down the code of conduct for Board members and Senior Management Personnel and posted the same in the website of the company. Affirmation from all the Board members and Senior Management Personnel of the company regarding compliance with the code for the financial year 2009-10 were obtained and placed before the Board at the Board Meeting held on 18.05.2010. The declaration of the Managing Director of the company to this effect forms part of

Chettinad Cement Corporation Limited

Remarks


Remarks Nil Nil Nil Nil

249 Cimmco Birla Limited Status YES YES YES YES

Only sitting fees paid to Non-Executive Directors. The Shareholders have authorized the Board to fix the sitting fees within the limits of the Companies Act,1956.

Cholamandalam Investment and Finance Company Limited

Remarks

250 Cinemax India Limited Status YES YES YES YESRemarks

251 Cinevistaas Limited Status YES YES YES YESRemarks NIL

252 Cipla Limited Status YES YES YES YESRemarks



Remarks255 Clutch Auto Limited Status YES - YES -

The website of the Company (www.cimmco.in) is under preparation. Declaration with respect to affirmation will be published in the Annual Report.

Presently, Company is not paying any compensation to its non-executive Directors except sitting fees.

The Company's Board consists of six Directors, out of which four Directors are Non-executive, Independent Directors.

Only sitting fees is being paid to the Independent Directors. The required Disclosures shall be made in the Annual Report.

Details will be furnished in the Annual Report.

Classic Diamonds (India) Limited

Clariant Chemicals (India) Limited

Remarks

256 CMC Limited Status YES YES YES YESRemarks

257 Coal India Limited Status YES YES YES YESRemarks

258 Color Chips Limited Status YES YES YES YESRemarks


Remarks




However, steps have been taken for compliance of all applicable laws.

Colgate Palmolive (India) Limited

The Company has optimum combination of executive and non-executive directors with 50% of the Board of Directors comprising of Non-executive directors. The Company has a Non-Executive Chairman nominated by the Promoter. Accordingly half of the Board comprises of independent directors.

No compensation is paid to the non-executive directors other than sitting fees for attending board meetings, which, being in accordance with limits prescribed by the Central Government, has been approved by shareholders of the company on June 29, 1989 and the board on October 15, 2003. The Company's pecuniary relationship or transactions, if any , with the non-executive directors have been disclosed in the Report on Corporate Governance in the Annual Report for the financial year 2009-10.

(a) The Board meets at least once every quarter. During the quarter October to December 2010, Two Board meetings were held on October 28 and December 7, 2010. (b) The provisions pertaining to committee memberships of directors have been complied with. (c) Periodic review of compliance report is being done on a quarterly basis. (d) No independent director has resigned or was removed from the Board of the Company during the quarter October to December 2010.

Code of conduct is posted on the website of the company and a declaration of compliance is being obtained from Board members and senior management on annual basis. A declaration to this effect signed by CEO has been included in the Report on corporate governance in the annaul report for the financial year 2009-10.

Container Corporation Of India Limited

Remarks


Remarks


Remarks263 Coral Hub Limited Status YES NA YES YES

Remarks

264 Cords Cable Industries Limited Status YES YES YES YESRemarks


The Board of Directors of the Company as on date consists of four Executive Directors including a Managing Director, two Govt. Nominee Non-Executive Directors including a Part-time Non-Executive Chairman and 4 part-time Non-Executive Directors (Independent).Post of Director (Domestic) is vacant since 30.12.2009. The appointment is under processing by Govt. of India. The term of three Independent directors namely Sh. S. Balachandran, Shri V. Sanjeevi & Prof. Janat Shah expired

Necessary disclosure is made in the Annual Report.

Necessary declaration is made in the Annual Report.

Consolidated Finvest & Holdings Limited

Presently no compensation is being paid to any Non-Executive or Independent Directors.

Required disclosures will be made in the Annual Report for 2010-11.

Coral India Finance & Housing Limited

Core Projects and Technologies Limited

Remarks Duly complied Duly complied Duly complied Duly complied


Remarks267 Corporation Bank Status YES NA YES YES

Remarks

268 Cosmo Films Limited Status YES YES YES YESRemarks

269 Cox & Kings Limited Status YES YES YES YESRemarks


Remarks Not Applicable


Remarks272 Creative Eye Limited Status YES YES YES YES

Remarks


Remarks

274 Crew B.O.S. Products Limited Status YES YES YES YES

Coromandel International Limited

Complied and will continue to comply.




Career Point Infosystems Limited

An Independent and Non-executive Director Mr. Dwarka Das Nihchal Das Nainani resigned w.e.f. October 23, 2010 and the company will comply condition of clause 49(1A) of the listing agreement within a period of not more than 180 days from the day of such resignation.

An Independent and Non-executive Director Mr. Dwarka Das Nihchal Das Nainani w.e.f. October 23, 2010 and the company will comply condition of clause 49(1A) of the listing agreement. Within a period of not more than 180 days from the day of such resignation.

Cranes Software International Limited

Crest Animation Studios Limited

Remarks

275 CRISIL Limited Status YES YES YES YESRemarks

276 Crompton Greaves Limited Status YES YES YES YESRemarks

277 Cronimet Alloys India Limited Status YES NA YES YESRemarks


Remarks279 City Union Bank Limited Status YES YES YES YES

Remarks280 Cubex Tubings Limited Status YES NA YES YES

Remarks

281 Cummins India Limited Status YES YES YES YESRemarks

282 Cura Technologies Limited Status YES YES YES YESRemarks

283 Cyber Media (India) Limited Status YES YES YES YESRemarks


No other remuneration being paid to Non Executive Directors, apart from sitting fees.

The Annual Report for the year 2010-11 shall contain a declaration to this effect signed by CEO.

Disclosures will be made in the next Annual Report.

Cambridge Technology Enterprises Limited

Composition is as per the provisions of clause 49 (IA) read with the companies Act,1956.

No fees / Compensation paid to Non Executive Directors including independent directors.

Board meetings, memberships or Chairman in committees and the information to be furnished before board meetings are as per the provisions of clause 49(IC) read with the companies act 1956.

Code of conduct has been laid down by the board as per the provisions of Clause49 (1D) read with the provisions of companies Act 1956.

Cybertech Systems And Software Limited

Remarks

285 LT Foods Limited Status YES YES YES YESRemarks

286 Dabur India Limited Status YES YES YES YESRemarks


Remarks


Remarks

289 D.B.Corp Limited Status YES YES YES YESRemarks

290 D B Realty Limited Status YES YES YES YESRemarks


Remarks


Dalmia Bharat Sugar and Industries Limited

Datamatics Global Services Limited

Disclosures will be made in the Annual Report for the Financial Year 2010-2011.




Development Credit Bank Limited

Deccan Chronicle Holdings Limited

Remarks

293 DCM Limited Status YES YES YES YESRemarks N/A N/A N/A N/A

294 Dcm Financial Services Limited Status YES YES YES YES

Remarks


Remarks296 DCW Limited Status YES YES YES YES

Remarks297 Deccan Cements Limited Status YES YES YES YES

Remarks298 Decolight Ceramics Limited Status YES YES YES YES

Remarks


Remarks300 Deepak Nitrite Limited Status YES YES YES YES

Remarks301 Deep Industries Limited Status YES NA YES YES

No compensation paid to Non-Executive Directors.

DCM Shriram Consolidated Limited

Deepak Fertilizers And Petrochemicals Corporation Limited

Remarks

302 Delta Corp Limited Status YES YES YES YESRemarks

303 Delta Magnets Limited Status YES YES YES YESRemarks

304 Den Networks Limited Status YES YES YES YESRemarks

305 Dena Bank Status YES YES YES YES

Will be complied in the Annual Report of 2010-11.

Remarks

306 De Nora India Limited Status YES YES YES YESRemarks


The Board of the Bank has been constituted under section 9 (3) of the Banking Companies (Acquisition & Transfer of Undertaking) Act, 1970.

In case of PSU Banks the Non-executive Directors are appointed by GOI, RBI & Shareholders and are not entitled for any remuneration except reimbursement of the traveling / conveyance & halting expenses as provided under Nationalised Banks (Management & Miscellaneous Provisions) Scheme, 1970. Non-Executive Directors except Government Directors are paid sitting fees.

The Bank's Board has adopted the code of Conduct for Directors and its Senior Management personnel (General Managers) and the same is also posted on the website of the Bank. All Board members and Senior Management Personnel have affirmed the compliance for the year 2009-10 and Annual Report of the Bank contain a declaration to this effect signed by the CMD.

Dewan Housing Finance Corporation Limited

Remarks


Remarks309 Dhanlaxmi Bank Limited Status YES YES YES YES

The Company's Board consists of Nine (9) Directors of which Eight (8) are Non-Executive Directors (including a Nominee Director and an Executive Director. The Chairman & Managing director on the Board. Thus more than 1/3rd of the Board of Director Comprises non-executive director and independent directors.

Non-executive directors are paid sitting fees within the limit prescribed in Companies (Central Government's) General Rules and Forms and the commision paid to them has been approved by the shareholders.

The Board has reviewed periodically the status of legal compliances and steps taken to rectify instances of non-compliances.

(a) DHFL's Code of Conduct applies for all the Board members and the senior Management of the Company and the Code has been posted on the website of the Company www.dhfl.com.(b) Affirmation of compliances has been obtained from all board members and senior management personnel based on which the declaration by the Chairman & Managing Director has been included in the Annual Report for the year 2009-10.

The Dhampur Sugar Mills Limited

Remarks NIL

310 Dhanus Technologies Limited Status YES YES YES YESRemarks


Remarks

312 Diamond Power Infra Ltd Status YES YES YES YESRemarks

313 DIC India Limited Status YES YES YES YESRemarks

314 Digjam Limited Status YES YES YES YESRemarks

No compensation is being paid to Non-executive Directors. As the company is a banking company the terms of appointment of Part-time Chairman is as approved by Reserve Bank of India (RBI) pursuant to Sec.35B of the Banking Regulation Act, 1949. Disclosure will be made in the Corporate Governance Report forming part of the Annual Report 2010-11.

Will be reported in the Annual Report 2010-11.

Dharani Sugars & Chemicals Limited


Remarks

316 Dish TV India Limited Status YES YES YES YESRemarks

317 Divi's Laboratories Limited Status YES YES YES YESRemarks

318 DLF Limited Status YES YES YES YESRemarks

319 D-Link (India) Limited Status YES NA YES YESRemarks


Remarks

321 Donear Industries Limited Status YES YES YES YESRemarks

322 DPSC Limited Status YES YES YES YES

Dishman Pharmaceuticals and Chemicals Limited

Relevant information / disclosures has been made in the Annual report for the financial year 2009-2010 and will also be complied and disclosed in the next Annual Report for the Financial year 2010-2011.

Will be disclosed in the Annual Report.

Available on the Website of the Company and will be disclosed in the Annual Report.

Dolphin Offshore Enterprises (India) Limited

Remarks


Remarks



Remarks


Remarks

327 Duncans Industries Limited Status YES YES YES YESRemarks


Dhunseri Petrochem & Tea Limited

Dredging Corporation of India Limited

Dr. Reddy's Laboratories Limited

DS Kulkarni Developers Limited

The total no. of Directors is 7 out of which 4 Directors are Non-executive Directors. The chairman is an Executive Director and the no of Independent Directors is 4 i.e.57.14%

For the Financial Year 2010-11, details will be given in the Annual Report for the year ending March 31, 2011.

The Board has met five times since 1st April, 2010.and the condition as to convening of minimum 4 Board Meetings in a year has already been complied with & a maximum gap between two Board Meetings was less than 4 months.

Already uploaded on the website of the Company.

Dwarikesh Sugar Industries Limited

Remarks


Remarks



331 Eastern Silk Industries Limited Status YES YES YES YESRemarks

332 Eastern Sug & Inds Limited Status YES YES YES YESRemarks

333 Easun Reyrolle Limited Status YES YES YES YESRemarks Nil Nil Nil

334 ECE Industries Limited Status YES YES YES YESRemarks

335 eClerx Services Limited Status YES YES YES YESRemarks

336 Edelweiss Capital Limited Status YES YES YES YES

During the period there was only one Board Meeting held 29th November 2010.




Dynacons Systems & Solutions Limited

Dynamatic Technologies Limited

The Company has not paid any fees/compensation nor paying to any of non executive directors including independent directors.


4 out of 5 Directors are non- executive/ Independent Directors and 1 Executive Directors.

Disclosed in Annual Report. Will also be complied in next Annual Report.

Published on website of the Company. (www.eceindustriesltd.com)

Remarks337 Empee Distilleries Limited Status YES YES YES YES

Remarks

338 Edserv Softsystems Limited Status YES YES YES YESRemarks

339 Educomp Solutions Limited Status YES YES YES YESRemarks

340 Eicher Motors Limited Status YES YES YES YESRemarks

341 EID Parry India Limited Status YES YES YES YES

Published in Website empeegroup.co.in

Only Sitting fee is paid to the Non-Executive Directors.

The Board has laid down Code of Conduct and Board Members / Senior Management personnel have affirmed annual compliance with the code for the Financial Year 2009-10.

Sitting fees and Commission is paid to Non- executive Directors.

The Annual Report for the year ending December 31, 2010 shall contain a declaration to this effect signed by the Managing Director.

Remarks

342 EIH Associated Hotels Limited Status YES YES YES YESRemarks

343 EIH Limited Status YES YES YES YESRemarks

344 Eimco Elecon (India) Limited Status YES YES YES YESRemarks

345 Everest Kanto Cylinder Limited Status YES YES YES YES

Code of Conduct laid down and posted on the web site of the Company. Affirmation regarding compliance of the code of conduct for the year 2010-11. from the relevant persons will be obtained in April, 2011. A declaration from the CEO on compliance will be included in the Annual Report 2010-11.

Remarks

346 Elder Pharmaceuticals Limited Status YES YES YES YESRemarks


Remarks348 Electrosteel Castings Limited Status YES YES YES YES

Remarks349 Electrotherm (India) Limited Status YES YES YES YES

Remarks

350 Elgi Equipments Limited Status YES YES YES YESRemarks

351 Emami Infrastructure Limited Status YES YES YES YESRemarks

352 Emami Limited Status YES YES YES YES

Has been complied for the year 2009-10 and shall be complied in the forthcoming Annual Report for the year 2010-11.

Elecon Engineering Company Limited


Remarks

353 Emco Limited Status YES YES YES YESRemarks


Remarks

355 Emmbi Polyarns Limited Status YES YES YES YES

Will be Complied in the Annual report 2010-11 of the Company.

The Code of Conduct of the Company is available at Company's website www.emamigroup.com.

Emkay Global Financial Services Limited

Board comprising total six Directors. Out of six, four directors are non-executive directors and out of four, three are Independent Directors. Chairman is Non-executive and independent Director.

Company is paying Rs.10,000/- being sitting fees to Non-Executive and Independent Directors for attending each Board Meeting and also Rs. 10,000/- for attending each Audit Committee Meeting and Remuneration / Compensation Committee Meeting.

Remarks



Remarks358 Engineers India Limited Status NO YES YES YES

Remarks


The Company has adopted the Code of Conduct for all the Board members and senior management of the Company.

Emtex Industries ( India ) Limited

Energy Development Company Limited

EIL is a Public Sector undertaking and the appointment of Directors both Executive and Non-executive are made by the Government of India. Presently, EIL Board comprises of 13 Directors out of which 6 are independent. The company has already taken up the matter with the Ministry of Petroleum and Natural Gas, Government of India for appointment of sufficient number of Non-Executive Independent Directors on the Board of the Company and the matter is under consideration of the Government.

The Company has paid Sitting Fees to its Independent Directors during the Quarter ended 31.12.2010.

Entertainment Network (India) Limited

Remarks

360 Enkei Castalloy Limited Status YES YES YES YESRemarks

361 Entegra Limited Status YES YES YES YESRemarks

362 Era Infra Engineering Limited Status YES YES YES YESRemarks


Remarks

364 Esab India Limited Status YES YES YES YESRemarks

365 Escorts Limited Status YES YES YES YESRemarks

366 Electrosteel Steels Limited Status YES YES YES YES

The Company is in the business of operating private FM radio stations, under the popular brand- `Radio Mirchi'. As per the Grant of Permission Agreement executed with the Ministry of Information & Broadcasting, Government of India, prior approval of the said Ministry is required before effecting any change in the Board of Directors. After seeking prior approval from the Ministry of Information & Broadcasting, the Company appointed Mr. Prashant Panday as the whole time director, designated as `Executive Director & CEO' with

No compensation is paid except sitting fees.

Eros International Media Limited

Remarks367 Essar Oil Limited Status YES YES YES YES


Remarks369 Ess Dee Aluminium Limited Status YES YES YES YES

Remarks

370 Essel Propack Limited Status YES YES YES YESRemarks

371 ETP Corporation Limited Status YES YES YES YESRemarks

372 Euro Ceramics Limited Status YES YES YES YESRemarks

373 Euro Multivision Limited Status YES YES YES YESRemarks


Remarks


Remarks

376 Everest Industries Limited Status YES YES YES YESRemarks

377 Everonn Education Limited Status YES YES YES YES

Essar Shipping Ports & Logistics Limited

Complied in the Annual Report for the financial year ended 31-03-2010.

Will be complied in the Annual Report for the financial year 2010-11.

Eurotex Industries and Exports Limited

The Code of Conduct of the Company has been posted on the website of the Company www.eurotexgroup.com

Eveready Industries India Limited

Out of 12 Directors 6 are Independent Directors.

Included in Annual Report for 2009-10.

Remarks

378 Evinix Accessories Limited Status YES YES YES YESRemarks

379 Excel Crop Care Limited Status YES YES YES YESRemarks

380 Excel Industries Limited Status YES YES YES YESRemarks

381 Excel Infoways Limited Status YES YES YES YESRemarks

382 Exide Industries Limited Status YES YES YES YESRemarks


Remarks384 FAG Bearings India Limited Status YES YES YES YES

Remarks

385 Fame India Limited Status YES YES YES YESRemarks

386 Farmax India Limited Status YES YES YES YESRemarks

387 Future Capital Holdings Limited Status YES YES YES YES


Fertilizers and Chemicals Travancore Limited

FCS Software Solutions Limited

Remarks

389 FDC Limited Status YES YES YES YESRemarks


The Company's Board consists of Four Directors on the Board, out of which, Three Directors are Non-Executive Independent Directors.

Only sitting fee is being paid to the Independent Directors. The required disclosures are made in the Annual Report.

Details are furnished in the Annual Report.


Fedders Lloyd Corporation Limited

Remarks

391 The Federal Bank Limited Status YES YES YES YESRemarks

392 Fiem Industries Limited Status YES NA YES YESRemarks


Remarks

394 Finolex Cables Limited Status YES YES YES YESRemarks

395 Finolex Industries Limited Status YES YES YES YESRemarks


Remarks

397 First Winner Industries Limited Status YES YES YES YES

Non Executive Directors do not receive any compensation except for sitting fees.

No Compensation to the Non executive Directors.

Financial Technologies (India) Limited

First Leasing Company of India Limited

(i) Complied with. (ii) Necessary declaration will be attached with the next Annual Report.

Remarks


Remarks


Remarks

400 Fortis Healthcare Limited Status YES YES YES YESRemarks

401 Foseco India Limited Status YES YES YES YESRemarks

402 Four Soft Limited Status YES NA YES YESRemarks Nil. N.A. Nil. Nil.

403 Firstsource Solutions Limited Status YES YES YES YES

Fresenius Kabi Oncology Limited

The Company pays compensation to its non executive independent directors by way of : 1. Sitting fees within the limits prescribed for attending the meetings of the Board/Committee(s) thereof. 2. Annual Commission to be paid w.e.f. April 1, 2010.

Federal-Mogul Goetze (India) Limited.

Remarks

404 Gabriel India Limited Status YES YES YES YESRemarks



406 GAIL (India) Limited Status NO YES YES YES

Out of 8 Directors, 4 are independent- Non Executive Directors, 2 are Non Executive Directors. In additions to above we have 2 Executive Director designated as Managing Director and Executive Chairman. Chairman is an Executive Director.

The Board of Directors decides remuneration of the non-executives Directors. All the necessary disclosures of the remuneration of the non-executive Directors has been made in the Annual Report for the financial year ended March 2010.

The Boards of Directors of the Company have meeting at regular intervals and the time gap between two board meetings is less than four months. The Directors of the Company are not members in more than 10 Committees or not acting as Chairman of more than 5 committees across all companies in which they are holding Directorship.

The Board has laid down the Code of conduct for all members and senior management of the Company. The same has been posted on the website of the Company.

Gujarat Ambuja Exports Limited

Remarks

407 Gyscoal Alloys Limited Status YES YES YES YESRemarks

408 Gallantt Metal Limited Status YES YES YES YESRemarks

409 Gallantt Ispat Limited Status YES YES YES YES

GAIL being a Government Company under the administrative control of the Ministry of Petroleum and Natural Gas, Government of India. The Directors are nominated appointed by the Government of India. The Government of India is in process of selecting requisite number of Independent Directors.

The Board has laid down a code of conduct for all Board members and senior management and has been posted on the web-site of the Company.

Remarks


Remarks

411 Gammon India Limited Status YES YES YES YESRemarks

412 Gandhi Special Tubes Limited Status YES YES YES YESRemarks


The Board has laid down a code of conduct for all Board members and senior management and has been posted on the web-site of the Company.

Gammon Infrastructure Projects Limited

The Company is not paying any compensation to Non-executive Directors except sitting fees for Board / Committee Meetings.

Ganesh Housing Corporation Limited

Remarks

414 Gangotri Textiles Limited Status YES YES YES YESRemarks

415 Garden Silk Mills Limited Status YES YES YES YESRemarks Complied with. Complied with. Complied with. Complied with.

416 Garware Wall Ropes Limited Status YES YES YES YESRemarks


During the quarter, the Shareholders have approved introduction of Employee Stock Option Scheme viz. ESOP 2010 amongst the Employees and Non-executive Directors of the Company and its Subsidiaries in the Extra Ordinary General Meeting oP the Company held on 30-10- 2010. The Remuneration and Compensation Committee has granted 9,98,815 options amongst the employees of the Company. However, no such options were granted to the non-executive directors.

The Board of Directors of the Company at the Meeting held on 11th December 2010 has adopted new code of conduct for all Board Members and Senior Management of the company w.e.f. 1st January, 2011 and the same shall be posted on the website of the Company.

Non executive Directors are paid only sitting fees and no other compensation is being paid.

Garware Offshore Services Limited

Remarks418 GATI Limited Status YES YES YES YES

Remarks419 Gateway Distriparks Limited Status YES YES YES YES

Remarks420 GeeCee Ventures Limited Status YES YES YES YES

Remarks Complied with. Complied with. Complied with.

421 GEI Industrial Systems Limited Status YES YES YES YESRemarks

422 Gemini Communication Limited Status YES YES YES YESRemarks


Remarks


Remarks

425 Geodesic Limited Status YES NA YES YES

Optimum composition of Executive and Independent Directors.

Will be complied in Annual Report.

Genesys International Corporation Limited

The Company has not so far issued any stock options till date. Prior approval of the Shareholders has been duly obtained for payment of commission to Non- Executive Directors of the Company and for issue of stock options to employees and directors of the company . and its subsidiaries companies.

The Code of Conduct is duly adopted by the Board and Senior Management and the same is posted on the website of the Company. Declaration by Chairman and Managing Director of the Company regarding compliance with the Code is being inserted in the Annual Report of the Company every year.

Genus Power Infrastructures Limited

Remarks


Remarks

427 Geometric Limited Status NO YES YES NORemarks


Remarks

429 GHCL Limited Status YES YES YES YES

No compensation is given to Non executive directors except for sitting fees.

The company has posted Code of conduct on the website of the company. All the Board members and Senior management personnel had affirmed compliance with the code of conduct on an annual basis. The Annual Report of the company contains a declaration to this effect.

Geojit BNP Paribas Financial Services Limited

The Company is in the process of identifying and offering the Board position to a suitable independent individual. An intimation of above was submitted to the exchanges vide our letter dated October 22, 2010.

Will be complied in the Annual Report of FY 11.

The Great Eastern Shipping Company Limited

Declaration by the Managing Director will form part of the Annual Report.

Remarks

430 GIC Housing Finance Limited Status YES - YES YESRemarks


Remarks

432 Gillette India Limited Status YES YES YES YESRemarks

433 Ginni Filaments Limited Status YES YES YES YESRemarks


Remarks


Non Executive Directors are paid only Sitting fees; Managing Director is paid remuneration as per the provisions of Schedule XIII, details of which are mentioned in the Annual Report.

Gillanders Arbuthnot & Company Limited

Part of Annual Report.

Gujarat Industries Power Company Limited

GI Engineering Solutions Limited

Remarks

436 Gitanjali Gems Limited Status YES YES YES YESRemarks

437 GKW Limited Status YES YES YES YESRemarks


Remarks


The Code of Conduct is duly adopted by the Board and Senior Management and the same is posted on the website of the Company. Declaration by Managing Director of the Company regarding compliance with the Code is being inserted in the Annual Report of the Company every year.

2 Executives and 3 Non Executives.

The non Executive Directors are entitled to sitting fees only which have been approved by the Share-holders in its Annual General Meeting held on 26th September, 1988.

The Board approved the Code of conduct in its meeting held on 21.02.2006. The Code of Conduct has already been placed on the website of the Company.

GlaxoSmithKline Pharmaceuticals Limited

Glenmark Pharmaceuticals Limited

Remarks


Remarks

441 Global Vectra Helicorp Limited Status YES YES YES YESRemarks

442 Globus Spirits Limited Status YES YES YES YESRemarks

443 Glodyne Technoserve Limited Status YES YES YES YESRemarks

444 Glory Polyfilms Limited Status YES YES YES YESRemarks

445 GM Breweries Limited Status NO YES YES YES

This has been complied with. The Annual Report for the year 2009-10 contains a declaration affirming compliance with the code.

Gujarat Lease Financing Limited

The Board consists of 3 Executive & 3 Non Executive-Independent Directors.

Compensation to Non-executive Directors has been fixed as per the prior approval of shareholders in general meeting.

The time gap between two meetings did not exceed four months.

Declaration of compliance with code of conduct, signed by CEO will be provided in Annual Report for the year 2009-10.

Remarks


Remarks

447 GMR Infrastructure Limited Status YES YES YES YESRemarks


As per the Revised guidelines under Clause 49 of the Listing Agreement, if there is Executive Chairman, the Board should comprise of 50% Independent Directors. As against the Statutory requirement of 4 Independent Directors, the Company has got 3 Independent Directors as on 31/12/2010. In this respect, the Company has not complied with the Mandatory requirements under Clause 49 of the revised Listing Agreement. However the Company is trying its best to find suitable persons to be inducted as

Gujarat Mineral Development Corporation Limited

Company has appointed One Independent Director, The Company being a Government company, a proposal has already been submitted to the Govt. of Gujarat for inducting more Independent Directors.

Gujarat Narmada Valley Fertilizer Company Limited

Remarks

449 Goa Carbon Limited Status YES YES YES YESRemarks

450 Godfrey Phillips India Limited Status YES YES YES YESRemarks


A declaration by CEO as required under this clause will be included in the Annual Report for the year 2010-11.

Out of the total strength of the Board of nine Directors there are six non-executive directors. (which includes five independent directors).

Legal compliances applicable to the Company are taken note of and reviewed by the Board. Status report of compliances at all locations of the Company is generated periodically and submitted to the Board for review.

Godrej Consumer Products Limited

Remarks

452 Godrej Industries Limited Status YES YES YES YESRemarks

453 Godrej Properties Limited Status YES YES YES YESRemarks


Remarks

455 Gokaldas Exports Limited Status YES YES YES YESRemarks


The Board has already approved the Code of conduct in the meeting held on April 28, 2005 and the same has been put on the website of the Company. Confirmation from Board members and senior management affirming compliance with the code of conduct for the year ending March 31, 2010 has been obtained . The Annual Report (2009-10)of the Company contains a declaration to this effect signed by the CEO.

Goenka Diamond and Jewels Limited

Gokul Refoils and Solvent Limited

Remarks

457 Golden Tobacco Limited Status YES YES YES YESRemarks

458 Goldiam International Limited Status YES NA YES YESRemarks

459 Goldstone Infratech Limited Status YES YES YES YESRemarks


Remarks


Remarks Nil Nil Nil

462 Gujarat Pipavav Port Limited Status YES NA YES YESRemarks

463 Grabal Alok Impex Limited Status YES YES YES YESRemarks

464 Grand Foundry Limited Status YES YES YES YESRemarks

Goldstone Technologies Limited

Godawari Power And Ispat limited

Compliance affirmed for the year 2009-10 and declaration by CEO/ CFO duly incorporated in the Annual Report for the year 2009-2010. Affirmation of compliance for the year 2010-11 shall be obtained by 30th April 2011. Declaration by CEO/ CFO will also be duly incorporated in the Annual Report for the year 2010-2011.

No Compensation is paid except sitting fee paid to Independent Directors

Sitting fees approved by the Board of Directors.

465 Granules India Limited Status YES YES YES YESRemarks

466 Graphite India Limited Status YES YES YES YESRemarks

467 Grasim Industries Limited Status YES YES YES YESRemarks

468 Gravita India Limited Status YES YES YES YESRemarks

469 Greaves Cotton Limited Status YES YES YES YESRemarks

470 Greenply Industries Limited Status YES YES YES YESRemarks


Remarks

472 Grindwell Norton Limited Status YES YES YES YESRemarks

473 Gruh Finance Limited Status YES YES YES YESRemarks


Orient Green Power Company Limited

Gujarat State Fertilizers & Chemicals Limited

Remarks


Remarks

1) At present the Board of Directors of the Company has total strength of nine members. Out of these seven Directors are independent directors. 2) The Chairman of the Company is a Non-Executive Director nominated by Government of Gujarat.

1) Company does not pay any compensation or remuneration to the Non-executive Directors. They are only paid sitting fees and incidental expenses to attend the Board and Committee Meeting of Directors as approved by the Board of Directors. 2) In Case of Directors who are from Indian Administrative Service the sitting fees is not paid to them but is deposited with the State Government.

Already in place and posted on the website of the Company at www.gsfclimited.com.

GlaxoSmithKline Consumer Healthcare Limited

Annual Affirmation of compliance with the Code of Conduct is being obtained and will form part of the Annual Report for the year ended December 31, 2010.


Remarks477 Gujarat State Petronet Limited Status YES YES YES YES

Remarks

478 GSS America Infotech Limited Status YES YES YES YESRemarks

479 GTL Limited Status YES YES YES YESRemarks

480 GTL Infrastructure Limited Status YES YES YES YESRemarks

481 GTN Industries Limited Status YES YES YES YESRemarks

482 GTN Textiles Limited Status YES YES YES YESRemarks

483 Great Offshore Limited Status YES YES YES YESRemarks

484 Gufic Biosciences Limited Status YES YES YES YESRemarks


GSL Nova Petrochemicals Limited

No remuneration has been paid to Non-Executive Directors except sitting fees as per the Companies Act, 1956.

Declaration by the CEO will be provided in Annual Report of FY 10-11.

Gujarat Alkalies and Chemicals Limited

Remarks



Remarks

488 Gujarat NRE Coke Limited Status YES YES YES YESRemarks


Remarks N.A. N.A. N.A. N.A.

490 Gujarat Gas Company Limited Status YES YES YES YES

Code of Conduct has been posted on the website of the Company.

Gujarat Apollo Industries Limited

Gujarat Fluorochemicals Limited

Out of eleven directors on the Board five are independent and six are non independent. The Company will appoint one more independent Director on the Board.

Details given in the Annual Report of 2009-10.

Gujarat Raffia Industries Limited

Remarks


Remarks492 Status NA NA YES YES

Remarks NIL NIL

493 Gulf Oil Corporation Limited Status YES YES YES YESRemarks


Remarks

495 Halonix Limited Status YES YES YES YESRemarks

496 Hanil Era Textiles Limited Status YES YES YES YES

The Chairman and independent directors are paid sitting fees and commission has been paid for CY 2009 with the approval of shareholders.

Declaration affirming compliance with the Code of Conduct for CY 2009 was published in the Annual Report of CY 2009.

Gujarat Sidhee Cements Limited

Gujarat State Financial Corporation

The Constitution of Board of the Corporation is determined in accordance with Section 10 of the SFCs ACt, 1951, SEBI exempted vide Circular No. SNDRAP/POLICY/CIR-13/2000 dated 9-3-2000 institutions incorporated under other statutes from the provisons of Clause 49 I.

The Directors, except Managing Director, being non-executive Directors, no remuneration is paid to them. Remuneration of Managing Director is decided by the State Govt. The remuneration paid to Managing Director is disclosed in the Annual Reports.

GVK Power & Infrastructure Limited

Only sitting fee is being paid


Remarks

498 Harita Seating Systems Limited Status YES NA YES YES

Remarks

499 Harrisons Malayalam Limited Status YES YES YES YESRemarks


Remarks

501 Havells India Limited Status YES YES YES YESRemarks

502 HBL Power Systems Limited Status YES YES YES YESRemarks

503 Hb Stockholdings Limited Status YES YES YES YES

Hanung Toys and Textiles Limited

Hathway Cable & Datacom Limited

Only sitting fee is paid to the Non-Executive Directors and independent directors. The required disclosures shall be made in the Financial year 2010-11.

Remarks


Remarks


Remarks

506 HCL Infosystems Limited Status YES YES YES YESRemarks

507 HCL Technologies Limited Status YES YES YES YESRemarks


Hindustan Construction Company Limited

Annual Affirmation and declaration to that effect as required under this clause shall be complied at the time of financial year ending 31.03.2011.

Himadri Chemicals and Industries Limited

No remuneration is paid to non-executive directors, except sitting fee.

Declaration signed by the Chairman and CEO of the Company, as prescribed in the Listing Agreement, was given in the Annual Report for the year 2009-10.

Housing Development Finance Corporation Limited

Remarks

509 HDFC Bank Limited Status YES YES YES YESRemarks


Remarks511 HEG Limited Status YES YES YES YES

Remarks


Remarks


Remarks

514 Hercules Hoists Limited Status YES YES YES YES

The Board of Directors of the corporation comprises of 14 directors of which 11 directors are non executive directors representing 79% of the total strength, further out of the said 11 non executive directors 9 are independent directors. Of the total 14 dirctors 11 directors are non executive directors representing 79% of the total strenght. Further, out of the said 11 non executive directors 9 are deemed to be independent directors in terms of clause 49 I (iii) of the listing agreement. At the Board Meeting to be held in May 03, 2010, the said

Sitting fees paid to non executive directors are within the limits prescribed under the Companies Act, 1956. Hence no approval of shareholders is required. As regards to the payment of commission to non-executive directors, prior approval of shareholders have been obtained at the 32nd AGM, for payment of commission within the prescribed limits up to the Financial Year 2014-15. Details of sitting fees and commission paid during the financial year 2009-10 will be disclosed in the Annual report 2010-11.

During the financial year 2010-11, 4 board meetings have been held on May 3, 2010, July 14, 2010 October 18, 2010 and December 23, 2010 and the gap between two meetings did not exceed 4 months. The minimum information as required under this clause is made available to the Board of Directors as part of the agenda papers and / or through presentation the financial results / operations of the Corporation. Certificates confirming compliance with applicable laws for the half-year ended September 30,

The Corporation has formulated and adopted a Code of Conduct applicable to its Directors and Senior Management. The said Code has been posted on its website. Affirmations will be obtained from Directors and Senior Management regarding their adherence to the said Code during the F.Y. 2009-10 and a confirmation to that effect will be made by the CEO in the Annual Report 2009-10.

Housing Development and Infrastructure Limited

HeidelbergCement India Limited

Helios And Matheson Information Technology Limited

Remarks

515 Heritage Foods (India) Limited Status YES YES YES YESRemarks

516 Hero Honda Motors Limited Status YES YES YES YESRemarks Complied Complied Complied Complied



Remarks

519 Hikal Limited Status YES YES YES YESRemarks

520 Hilton Metal Forging Limited Status YES YES YES YESRemarks


(1) Code of conduct is posted on the Company's Website. (2) Declaration will be given in the next annual report.

Hexaware Technologies Limited

Hinduja Global Solutions Limited

Himachal Futuristic Communications Limited

Remarks

522 Himatsingka Seide Limited Status YES YES YES YESRemarks

523 Hindalco Industries Limited Status YES YES YES YES

Already complied in the Annual Report 2009-10. Will be continued.


Remarks

524 Hindustan Composites Limited Status YES - - YESRemarks

525 Hindustan Copper Limited Status YES NA YES YES

The commission paid to Directors is approved by the General Meeting. The sitting fee paid to Directors is approved by the Board of Directors.

Will be complied in the Annual Report for the financial year ending on 31st March 2011.



Remarks

526 Hindustan Dorr-Oliver Limited Status YES YES YES YESRemarks

527 Hindustan Motors Limited Status YES YES YES YESRemarks




Government nominee (non-executive) directors representing the Ministry of Mines, Government of India are not paid any remuneration. The Independent Directors are only entitled to receive sitting fees for attending meetings of the Board / Audit Committee which is disclosed in the Annual Report.

Hindusthan National Glass & Industries Limited

Hindustan Oil Exploration Company Limited

Hindustan Petroleum Corporation Limited

Remarks Complied Complied Complied

531 Hind Syntex Limited Status YES NA YES YESRemarks

532 Hinduja Foundries Limited Status NO YES NO YESRemarks

533 Hinduja Ventures Limited Status YES YES YES YES

Presently the total strength of Directors in HPCL Board is 07 Directors. Out of this 4 are Whole Time Director including the C&MD. The other 3 Directors are 2 Part-time Ex-officio Directors and 1 Part-time Non-official Director. The matter of appointing the required number of Independent Directors has been taken up with the Administrative Ministry, i.e. MOP&NG.** **(MOP & NG vide letter No. C-24011/21/2005 .CA dated 02/12/2010 has advised operation of Shri S.K. Roongta and Shri Anil Razdan as

Board members/Senior Management are already following Code of Conduct of business. Formal annual affirmation done.

There has been a change in Chairman wef 21/10/10 as the Chairman is a Non Executive and Promoter Director, the Board needs to be reconstituted.

There has been a change in Chairman wef 21/10/10 as the Chairman is a Non Executive and Promoter Director, the Board needs to be reconstituted.

Remarks

534 Hindustan Unilever Limited Status YES YES YES YESRemarks

535 Hindustan Zinc Limited Status YES YES YES YESRemarks

536 Hind Rectifiers Limited Status YES YES YES YESRemarks


Remarks

538 Hi-Tech Gears Limited Status YES YES YES YESRemarks

539 Hitech Plast Limited Status YES YES YES YESRemarks

540 HMT Limited Status NO NA YES YES

Has been included in the Annual Report for the financial year 2009-10.

Hitachi Home and Life Solutions (India) Limited

Have been complied with.


Have been complied with

(I) Have been complied with. (ii) Have been complied with.

Remarks



Consequent to change/ cessation of Directors on the Board, the Governemnt has been requested to appoint Independent Directors in compliance with the requirement as the President of India is the appointing authority for all Directors in terms of Articles of Association of the Company.

No compensation has been paid/proposed to be paid to the Non-Executive Directors (excluding the Sitting Fees).

Hindustan Media Ventures Limited

Hindustan Organic Chemicals Limited

Remarks


Remarks



Remarks N.A. N.A. N.A.

546 Horizon Infrastructure Limited Status YES YES YES YESRemarks

HOCL is a Govt. of India Enterprise. So, as per Company's Articles, the power to appoint Directors vests with the Govt. of India. The Tenure of Dr. B.D. Kulkarni & Dr. Sukumar Devotta, Non-official Independent Directors was expired on up to 27th May, 2010 and there was no further renewal of them or no GOI Order on any new appointment is yet received. Therefore, as per Provisions under Companies Act, 1956 and as per Cl. 49 of the listing Agreement with the Stock Exchanges, there must be 1/2 of the composition of

Our Company, apart from listed Public Limited Company, requiring to comply the listing agreement clauses, being a Government of India Enterprises is also governed by the guidelines issued by the Dept. of Public Enterprises (DPE5) with respect to guidelines on Corporate Governance, code of conduct etc. Therefore, our Company is not only complying the Clause 49 of Corporate Governance, but also complying the Guidelines given by the Department of Public Enterprises on Corporate

Honeywell Automation India Limited

Chairman of the Board is an Independent Director.

Will be given in Annual Report - 2010.

Honda Siel Power Products Limited

House of Pearl Fashions Limited

The Company has adopted Code of Conduct for Board of Directors and Senior Management. Annual Declaration in this regard shall be complied in the Annual Report.

547 Hotel Leela Venture Limited Status YES YES YES YESRemarks

548 Hotel Rugby Limited Status YES NA YES NORemarks

549 HOV Services Limited Status YES YES YES YESRemarks

550 HSIL Limited Status YES YES YES YESRemarks

551 HT Media Limited Status YES YES YES YESRemarks

552 Hyderabad Industries Limited Status YES YES YES YESRemarks

553 ibn18 Broadcast Limited Status YES YES YES YES

As no payment to Non Executive Director.

The Company has formulated Code of Conduct but the same has not been posted on website, as there is no website of the Company.

At the AGM held on 21.07.2006 the shareholders of the Company approved payment of commission up to a maximum of 01% to Non Executive Directors in accordance with the provisions of companies act 1956 and the Articles of Associations of the Company. The Board in its meeting held on 05.05.2010 considered and approved Rs.105 lakhs as compensation to Non executive Directors forms part of Annual Report 2009-10.

The Board considered and approved the declaration furnished by the Managing Director as to compliance of code of conduct for members of the Board and senior management for the year 2009-10 and a disclosure has been made in the Annual Report for 2009-10

Remarks

554 Indiabulls Power Limited Status YES NA YES YESRemarks

555 Indiabulls Real Estate Limited Status YES NA YES YESRemarks

556 Indiabulls Securities Limited Status YES NA YES YES

Presently the Company is not paying any remuneration / Compensation to any non-executive Director, except sitting fee within the limits as prescribed under Companies Act, 1956.

Posted on the website of the Company.

None of the non-executive directors is paid any fee/ compensation.

While the requirements laid down in Clause 49 (1D)(i) stand complied with, the requirements laid down under sub-clause (ii) vis-a vis FY 2010-11 will be complied with, in the Annual Report for the said FY .

None of the non-executive directors is paid any fee / compensation.

Will be Complied with, in the Annual Report for FY 2010-11.

Remarks

557 ICDS Limited Status YES NA YES YESRemarks

558 ICICI Bank Limited Status YES YES YES YESRemarks

559 Indo Count Industries Limited Status YES YES YES YESRemarks

560 ICRA Limited Status YES YES YES YESRemarks

561 ICSA (India) Limited Status YES YES YES YESRemarks

562 IDBI Bank Limited Status YES YES YES YESRemarks

563 Idea Cellular Limited Status YES YES YES YES

None of the non-executive directors is paid any fee/ compensation.

Will be complied with, in the Annual Report for FY 2010-11.

The declaration on compliance with the Code on an annual basis has been obtained from the Board members and the senior management personnel and a confirmation from the Managing Director & CEO regarding compliance with the Code was published in the Annual Report of the Bank for FY 2009-10.

1 Vacancy arisen on 04/11/10 to be filled at the AGM for 2011.

Remarks


Remarks

565 IFB Agro Industries Limited Status YES YES YES YESRemarks

566 IFB Industries Limited Status YES YES YES YESRemarks

567 IFCI Limited Status YES NA YES YESRemarks

568 IFGL Refractories Limited Status YES YES YES YES

Infrastructure Development Finance Company Limited

Composition of IDFC's Board complies with this Clause.

The Non-Executive Directors are paid sitting fees for attending the Board Meeting. In addition to this, the non-executive Directors have been paid commission for FY 10 within the parameters and up to the limits approved by the Board/shareholders. No Stock Options have been granted to any Non-executive Director.

IDFC's Board/Audit Committee meets atleast 4 times in a year. All the Directors of the Board comply with Clause C (2).

IDFC has already put in place a code of conduct for Directors & Senior Management Personnel.

Code of Conduct laid down by the Board and followed by senior Management and Directors.

Will also be complied in the next Annual Report.

Remarks

569 Igarashi Motors India Limited Status YES YES YES YESRemarks

570 Indraprastha Gas Limited Status YES YES YES YESRemarks

571 IG Petrochemicals Limited Status YES YES YES YESRemarks


Remarks


Remarks


Remarks


Complied till 10th May, 2010.

Periodic review of Legal Compliance is in the process of implementation.

Declaration by CEO complied in Annual Report 2009-10.

Only sitting fees paid to Non Executive Directors.

Complied with in the Annual Report 2009-10. Current year compliance in the next Annual Report.

Industrial Investment Trust Limited

Apart from sitting fees the non-executive directors presently do not draw any other remuneration from the Company.

Disclosure requirement has been complied in the Annual Report 2009-2010.

IL&FS Engineering and Construction Company Limited

Composition of the Board is as per order of the Hon'ble Company Law Board dated August 31, 2009.

IL&FS Transportation Networks Limited

Clause 49 (I)(D)(ii) complied with in the Annual Report 2010.

Indian Metals & Ferro Alloys Limited

Remarks


Remarks

577 Impex Ferro Tech Limited Status YES YES YES YESRemarks



Remarks580 Status YES NA YES YES

Remarks

581 The India Cements Limited Status YES YES YES YESRemarks

582 India Glycols Limited Status YES YES YES YESRemarks

583 India Infoline Limited Status YES YES YES YESRemarks N.A. N.A. N.A. N.A.

584 Indian Bank Status YES NA YES YES

India Motor Parts and Accessories Limited

Indbank Merchant Banking Services Limited

The Indian Hotels Company Limited

Indiabulls Financial Services Limited

None of the non-executive directors is paid any fee/compensation.

Will be complied with, in the Annual Report for the FY 2010-11.

Remarks


Remarks


The Bank is a Corresponding new bank under the Banking Companies (Acquisition & Transfer of Undertakings) Act, 1970. There is no compensation being paid to non-executive directors apart from the Sitting fees for attending meetings of the Board and Committees.

The Bank has framed the Code of Conduct applicable to Board of Directors and Senior Management Personnel and the same has been adopted by the Board of Directors at it meeting held on 29.03.2007 and subsequently amended and approved by the Board of Directors on 23.12.2008. The Code of Conduct has also been put on the Bank's website viz. www.indianbank.in. The Annual Report for the year ended March 31, 2010 carries a Declaration signed by the CEO to the effect that all Board members and

Indian Card Clothing Company Limited

Out of 8 Directors of the Company, 7 are non-executive and 5 are independent.

The Board approved a code of conduct for all Board members and Senior management of the company on November 8, 2005 and the code has affirmed for the previous year.

Indian Hume Pipe Company Limited

Remarks

587 IMP Powers Limited Status YES YES YES YESRemarks

588 India Nippon Electricals Limited Status YES YES YES YES

During Current Financial Year i.e 2010-2011 following Board Meeting were held on (i) 26th May, 2010. (ii) 29th July, 2010. (iii) 29th October, 2010.

In terms of special Resolution passed by the members of the Company at the AGM held on 27th July, 2009, Non Executive Directors are entitled for payment of commission not exceeding Rs.16 Lacs in aggregate for each financial year for a period of 3 years commencing from the financial year 2009-10. This is in addition to the sitting fees for attending Board / committee meetings.

The Company is holding Board Meeting within the Maximum time gap of four months. None of the Director of the Company is holding Chairmanship of more than 5 Committees and Membership of more than 10 Committees.

The Company has laid down a Code of Conduct for all its Board Members and Senior Management Personnel of the Company. The Company has obtained declaration from its Directors/Senior Management Personnel for Financial Year 2009-2010. Also code of Conduct for Directors/Sr. Management Personnel is posted on the Company's website www.indiahumepipe.com.

The Board Comprises of adequate mix of Independent and Executive Directors.

The Company is paying only sitting fees to the Non-executive Independent Directors.

Affirmation regarding compliance of code of conduct made part of the Annual Report for the financial year ended 30th June 2010.

Remarks

589 Indo Asian Fusegear Limited Status YES YES YES YESRemarks

590 Indoco Remedies Limited Status YES YES YES YESRemarks


Remarks

592 Indosolar Limited Status YES YES YES YESRemarks


Remarks594 Indowind Energy Limited Status YES YES YES YES

Remarks


Resolutions already passed at AGM (1992 and 2003).

Indo Rama Synthetics (India) Limited

Displayed on Company's website.

This time part compliance only. Full compliance will be in the next Annual Report.

Indo Tech Transformers Limited

Indraprastha Medical Corporation Limited

Remarks

596 Ind-Swift Laboratories Limited Status YES YES YES YESRemarks

597 Ind-Swift Limited Status YES YES YES YESRemarks

598 Indus Fila Limited Status YES YES YES YESRemarks

599 Indusind Bank Limited Status YES YES YES YESRemarks

600 INEOS ABS (India) Limited Status YES YES YES YESRemarks


Remarks

602 Infomedia 18 Limited Status YES YES YES YES

At present the total number of Directors on the Board of the Company are 15 (fifteen) comprising of 8 (eight) Non-Independent Directors and 7 (seven) Independent Directors. The Company is in the process of identifying and appointing one more suitable Independent Director on the Board of the Company so as to comply with the Clause 49 (1A).

Appropriate disclosures have been made in the Annual Report 2009-2010.

Infinite Computer Solutions (India) Limited

Remarks

603 Infosys Technologies Limited Status YES YES YES YESRemarks

604 Infotech Enterprises Limited Status YES YES YES YESRemarks

605 Ingersoll Rand (India) Limited Status YES YES YES YESRemarks

606 ING Vysya Bank Limited Status YES YES YES YESRemarks Annual

607 INOX Leisure Limited Status YES YES YES YESRemarks

608 Insecticides (India) Limited Status YES YES YES YESRemarks

609 Indian Overseas Bank Status YES YES YES YES

Code of conduct posted on the web site of the Company : www.ingersollrand-india.com

Remarks

610 Indian Oil Corporation Limited Status NO YES YES YES

The composition of the Board and Its constitution is governed by the Nationalized Banks (Management and Miscellaneous Provisions) Scheme 1970 and formulated in exercise of the powers conferred by Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act 1970.

The non executive directors are paid only Sitting fees. This is as per the latest directions issued by the GOI.

The Board Meetings are governed by the provisions of the Nationalized Banks (Management and Miscellaneous Provisions) Scheme 1970. The Bunk¿s board meets quite often and more than the minimum number of times prescribed in the regulation. It is also ensured that no director is a member in more than 10 committees or acts as Chairman of more than five committees across all companies in which he is a director. The Board is also periodically reviewing compliance reports of all applicable laws

The Code of Conduct duly approved by the Board, has been made applicable to the Board of Directors and the First Line Executives ¿ General Managers. The Code of Conduct has been posted on the Website of the Bank also. A declaration signed by the CMD to the effect that all Board Members and Senior Management personnel have affirmed compliance with the Code has been published in the Annual Report 2009-10.

Remarks


Remarks

612 IOL Netcom Limited Status YES YES YES YESRemarks N.A. N.A. N.A. N.A.

613 IPCA Laboratories Limited Status YES YES YES YESRemarks


Remarks

615 Intrasoft Technologies Limited Status YES YES YES YES

Indian Oil being a government company under the administrative control of the Ministry of Petroleum and Natural Gas, the Directors are nominated by the Government. The Government of India is in the process of selecting Independent directors through a process of Search Committee and will take some time before the Government nominates requisite number of Independent directors on the board of Indian Oil. However, the present strength of the Board of Indian Oil is 15 Directors,

IOL Chemicals and Pharmaceuticals Limited

IRB Infrastructure Developers Limited

Remarks

616 ISMT Limited Status YES YES YES YESRemarks

617 Ispat Industries Limited Status YES YES YES YESRemarks

618 Ispat Profile (I) Limited Status YES YES YES -

Only sitting fee is paid to the Independent Directors. The required disclosures have been made in the Annual Report for the Financial Year 2009-10 and shall also be made in the Financial Year 2010-11.

Compliance affirmed for the year 2009-10 and declaration by CEO has been duly incorporated in the Annual Report for the year 2009-10.

Remarks

619 ITC Limited Status YES YES YES YES

(Partly Yes) The clause has been complied except placing the Code of Conduct on Web Site. As the Company is under lock out and operations are closed, since Novemenber 2000, following labour unrest, the Web site can be launched only after restart of operations and normalcy is restored. The clause will thus, be complied, in its entirely, immediately thereafter.

Remarks

620 ITD Cementation India Limited Status YES YES YES YESRemarks

621 ITI Limited Status YES YES YES YESRemarks

622 Status YES YES YES YESIL&FS Investment Managers Limited

Remarks

623 IVP Limited Status YES YES YES YESRemarks


Remarks Complied Complied Complied


Remarks Complied Complied Complied Complied626 Status YES YES YES YES

Remarks627 Jagran Prakashan Limited Status YES YES YES YES

Remarks


Remarks629 Jai Balaji Industries Limited Status YES YES YES YES

Remarks

630 Jai Corp Limited Status YES YES YES YES

Complied with Clause I(C) The Board of Directors of the Company at their meeting held on July 30, 2010, appointed Mr. Jitender Balkrishnan as Non Executive Independent Director of the Company. With this appointment, the company is in compliance with Clause 49(I)(C)

Clause 49(I)(D)(ii) Complied with in the Annual Report 2010.

IVRCL Assets & Holdings Limited

Being Complied

IVRCL Infrastructures & Projects Limited

The Jammu & Kashmir Bank Limited

Jagsonpal Pharmaceuticals Limited

Remarks

631 Jain Studios Limited Status YES YES YES YESRemarks

632 Jamna Auto Industries Limited Status YES YES YES YESRemarks

633 Jayant Agro Organics Limited Status YES YES YES YESRemarks

634 Jay Bharat Maruti Limited Status YES YES YES YESRemarks


As the non-executive Chairman is a promoter of the Company, not less than one-half of the Board comprises of non-executive and independent Directors.

A. Remuneration to non-executive Directors is being paid by way of sitting fees only which is decided by the Board of Directors. B) The necessary disclosures regarding the remuneration to Directors have been made in Report on Corporate Governance in the Annual Report for the year 2009-10.

A) The Board met once during the quarter ended 31st December 2010: on 2nd November 2010. B) No Director is a member in more than 10 Committees or is a Chairman of more than 5 Committees across all companies. C) The Board in every meeting noted compliance reports of all laws applicable to the company.

Revised Code of Conduct and Ethics for Directors and Senior Management was approved by the Board at the meeting held on May 29, 2009. The revised Code of Conduct has been posted on the website of the Company.

Only sitting fees has been paid during the quarter.

Jayaswal Neco Industries Limited

Remarks


Remarks


Remarks

638 JBF Industries Limited Status YES YES YES YES

Annual declaration is complied with in Annual Report.

Jayshree Tea & Industries Limited

JB Chemicals & Pharmaceuticals Limited

The non-executive directors, at present are only paid sitting fees within the limit fixed under the Companies Act, 1956. The necessary disclosure in this regard will be made in the Corporate Governance report for the year 2010-11.

Declaration as to affirmation of compliance with the code of conduct by the Board members and senior Management personnel has been given in Annual Report 2010.-11.

Remarks

639 JBM Auto Limited Status YES YES YES YESRemarks

640 JCT Electronics Limited Status YES YES YES YESRemarks

641 JD Orgochem Limited Status YES YES YES YESRemarks


Remarks NA NA NA NA643 Jet Airways (India) Limited Status YES NA YES YES

Only sitting fee paid.

Non-Executive directors are not paid any fees/compensation. Except Board meeting fees.

Jenson & Nicholson (India) Limited

Remarks


Remarks

645 JIK Industries Limited Status YES YES YES YESRemarks

646 Jindal Photo Limited Status YES NA YES YESRemarks

647 Jindal Poly Films Limited Status YES YES YES YES

Presently, there are 8 Directors on the Board out of whom 7 are Non-executive and 1 is Executive. The Chairman is a Non-executive promoter Director. Out of the 7 Non-executive Dirctors 5 are independent.

Remuneration of Non-executive Directors is decided by the Board of Directors. Previous approval of Shareholders, where applicable, is also obtained.

During the Quarter ended on December 31, 2010, 1 Meetings was held on October 29, 2010. The gap between any two Meetings did not exceed 4 Months. Information as per Annexure IA was provided to the Board. Confirmations from Directors about their committee memberships are obtained annually. Changes are notified by the Directors as and when they take place. Being done regularly.

Code of Business Conduct and Ethics has been adopted as the code of conduct. Posted on website. Will be complied with in April 2011 after the current financial year ends.

JHS Svendgaard Laboratories Limited

Will be Complied with at the next AGM (Annual Report)

Presently no compensation is being paid to any Non-Executive or Independent Directors.

Required disclosures, shall be made in the Annual Report 2010-2011.


Remarks

648 Jindal Saw Limited Status YES YES YES YESRemarks

649 Jindal Steel & Power Limited Status YES YES YES YESRemarks


Remarks

651 Jindal Cotex Limited Status YES YES YES YESRemarks


Remarks653 Jindal Worldwide Limited Status YES YES YES YES

Remarks

654 Jain Irrigation Systems Limited Status YES YES YES YESRemarks

655 JK Cement Limited Status YES YES YES YES

Except sitting fees for attending Board / Committee meetings, non-executive directors including independent directors are not paid any remuneration.

Jindal South West Holdings Limited

Jindal Drilling And Industries Limited

Remarks

656 J.Kumar Infraprojects Limited Status YES YES YES YESRemarks

657 JK Lakshmi Cement Limited Status YES YES YES YESRemarks

658 JK Paper Limited Status YES YES YES YESRemarks Nil Nil Nil Nil

659 JK Tyre & Industries Limited Status YES YES YES YESRemarks

660 JMC Projects (India) Limited Status YES YES YES YESRemarks

661 JM Financial Limited Status YES YES YES YESRemarks

662 JMT Auto Limited Status YES YES YES YESRemarks

663 Jocil Limited Status YES YES YES YESRemarks

664 Jaiprakash Associates Limited Status YES YES YES YESRemarks

665 Jaypee Infratech Limited Status YES YES YES YESRemarks


In addition to sitting fees within the limit prescribed under the Companies (Central Government) General Rules and Forms, non-executive directors were paid commission which is within the overall limit approved by shareholders and prescribed under Companies Act, 1956.

Such Code of Conduct has been adopted by the Board of Directors and it is available on the Web Site of the Company. Declaration by the M.D. & CEO as to the affirmation of the Compliance of Code has been included in the Annual Report.

Compliance Made

Compliance Made

Compliance Made

Compliance Made

Jaiprakash Power Ventures Limited

Remarks

667 JSL Stainless Limited Status YES YES YES YESRemarks

668 JSW Energy Limited Status YES YES YES YESRemarks

669 JSW Steel Limited Status YES YES YES YESRemarks

670 Jubilant Life Sciences Limited Status YES YES YES YESRemarks

671 Jubilant Foodworks Limited Status YES YES YES YESRemarks

672 Jyothy Laboratories Limited Status YES YES YES YESRemarks

673 Jyoti Structures Limited Status YES YES YES YESRemarks


Remarks

675 Kajaria Ceramics Limited Status YES YES YES YESRemarks


Remarks677 KALE CONSULTANTS LTD Status YES YES YES YES

Remarks



Remarks

680 Kalyani Forge Limited Status YES YES YES YES

Kabra Extrusion Technik Limited

Approvals as necessary shall be obtained in case of proposal of compensation/stock option.

Kakatiya Cement Sugar & Industries Limited

Kalindee Rail Nirman (Engineers) Limited

Kalpataru Power Transmission Limited

Remarks

681 Kamat Hotels (I) Limited Status YES YES YES YESRemarks

682 Kamper Concast Limited Status YES YES YES YESRemarks


Remarks684 Kansai Nerolac Paints Limited Status YES YES YES YES

Remarks685 Karuna Cables Limited Status YES YES YES YES

Remarks

686 Karur Vysya Bank Limited Status YES YES YES YESRemarks


Remarks


Remarks689 KCP Limited Status YES YES YES YES


Remarks

691 KEC International Limited Status YES YES YES YESRemarks


Remarks693 KEI Industries Limited Status YES YES YES YES

Kanoria Chemicals & Industries Limited

Kaushalya Infrastructure Development Corporation Limited

Kavveri Telecom Products Limited

KCP Sugar and Industries Corporation Limited

Kirloskar Electric Company Limited

Remarks



Remarks

696 Kesar Enterprises Limited Status YES YES YES YESRemarks

697 Kesoram Industries Limited Status YES YES YES YESRemarks


Remarks

699 Kingfisher Airlines Limited Status YES YES YES YESRemarks

700 Karuturi Global Limited Status YES YES YES YESRemarks

701 KHAITAN ELECTRICALS LTD. Status YES YES YES YES

Remarks702 Khaitan (India) Limited Status YES YES YES YES

Remarks

Kemrock Industries and Exports Limited

Kernex Microsystems (India) Limited

Keynote Corporate Services Limited

Code of conduct is in place.

703 Khandwala Securities Limited Status YES YES YES YESRemarks

704 Kamdhenu Ispat Limited Status YES YES YES YESRemarks

705 Kilitch Drugs (India) Limited Status YES YES YES YESRemarks

706 Kinetic Motor Company Limited Status YES YES YES YES


Remarks

708 Kirloskar Brothers Limited Status YES YES YES YESRemarks

709 Kirloskar Oil Engines Limited Status YES YES YES YESRemarks

710 Kirloskar Industries Limited Status YES YES YES YESRemarks

711 Kitply Industries Limited Status YES YES YES YESRemarks

712 Kewal Kiran Clothing Limited Status YES YES YES YES

No compensation is paid to any Non-Executive Directors except sitting fees.

No other remuneration being paid to Non Executive Directors, apart from sitting fees.

The Annual Report for the financial year 2009-10 did contain a declaration to this effect signed by CMD of the company.

Kiri Dyes and Chemicals Limited

Not Applicable for this quarter.

Remarks

713 KLG Systel Limited Status YES YES YES YESRemarks

714 K.M.Sugar Mills Limited Status YES YES YES YESRemarks

715 KNR Constructions Limited Status YES YES YES YESRemarks

716 Kohinoor Foods Limited Status YES NA YES YESRemarks

717 Kolte - Patil Developers Limited Status YES NA YES YES

Remarks

718 KDL Biotech Limited Status YES YES YES YESRemarks

719 Kopran Limited Status YES YES YES YESRemarks NIL NIL NIL NIL

720 Kotak Mahindra Bank Limited Status YES YES YES YESRemarks


Remarks N.A.722 Kothari Petrochemicals Limited Status YES YES YES YES

Remarks723 Kothari Products Limited Status YES YES YES YES

Remarks

724 Koutons Retail India Limited Status YES YES YES YESRemarks


Remarks

726 K.P.R. Mill Limited Status YES YES YES YESRemarks

727 KRBL Limited Status YES NA YES YES

Company does not pay any compensation to Non-executive directors apart from sitting fees.

Kothari Sugars And Chemicals Limited

Will be complied with in the ensuing Annual Report for the year 2010-11.

Sitting fees being paid within the limits of the companies act, 1956.

KPIT Cummins Infosystems Limited

Remarks

728 Krebs Biochemicals Limited Status YES YES YES YESRemarks


Remarks730 Krishna Filaments Limited Status YES YES YES YES

Remarks

731 KSB Pumps Limited Status YES YES YES YES

The total strength of the Board of directors of the company is Ten and comprising of five executive and five non-executive directors and out of Ten, Five directors are independent directors as the chairman is an Executive Director.

No remuneration or compensation is paid to any non-executive directors, however the company has obtained necessary approval of shareholders to pay remuneration or compensation to non-executive directors. All pecuniary relationship or transactions have been disclosed in the 17th Annual Report for the year ended March 31, 2010

All information included in the Annexure-1A which occurs during this quarter have been produced before the board. No Director is a member in more than 10 committees or act as chairman of more than 5 committees.

The Board has laid down a Code of Conduct for all Board Members and Senior Management personnel. All Board members and senior management personnel affirms compliance with the code on an annual basis. The Annual Report of the company for the year ended 31.03.2010 contains declaration to this effect signed by the CEO/CFO.

Krishna Engineering Works Limited

Remarks

732 Kaveri Seed Company Limited Status YES YES YES YESRemarks


Remarks

734 KSK Energy Ventures Limited Status YES YES YES YESRemarks

735 Kalyani Steels Limited Status YES YES YES YESRemarks

736 K S Oils Limited Status NO YES YES YESRemarks

As on December 31, 2010 the number of directors on the Board is eight. The Managing Director is executive director. Rest of the directors (including the Chairman) are non-executive Directors. Out of total number of Directors, 50% of them are non executive independent.

K Sera Sera Productions Limited

Though Non Executive Directors are not paid any fees/compensation, the Company has taken approval in the Annual General Meeting held on 29th September 2005 for making payment to Non Executive Directors in future.

Non Complied (We are in process to appoint one more Independent Director).

Prior Approval of Shareholder is not required.


Remarks738 The Karnataka Bank Limited Status YES YES YES YES

Remarks



Remarks

741 Lakshmi Vilas Bank Limited Status YES YES YES YESRemarks

742 Lanco Industries Limited Status YES YES YES YESRemarks

743 La Opala RG Limited Status YES NA YES YESRemarks


Remarks

745 LCC Infotech Limited Status YES YES YES YES

Kesar Terminals & Infrastructure Limited

Non - Executive Directors do not receive any remuneration other than sitting fees for attending each meeting of the Board / Committees thereof, which is being disclosed in the Annual Reports on an on going basis.

Lakshmi Precision Screws Limited

Lakshmi Energy and Foods Limited

Code of Conduct is in place.

Lakshmi Machine Works Limited

Disclosed in the Annual Report for the year ended 31.03.2010.

Remarks


Remarks

747 LGB Forge Limited Status YES YES YES YESRemarks

748 Liberty Shoes Limited Status YES YES YES YESRemarks - - - -

749 LIC Housing Finance Limited Status YES NA YES YESRemarks

750 Lanco Infratech Limited Status YES YES YES YESRemarks


Remarks752 Lloyds Finance Limited Status YES YES YES YES

Remarks

Already disclosed in the Annual Report for the year 2009-2010, and shall be disclosed further in Annual Report of 2010-11.

LG Balakrishnan & Bros Limited

None of the Directors are being paid any kind of compensation except Sitting fees. However, Shri V.K. Sharma, Director & Chief Executive has been paid remuneration as per the scale of officers of LIC of India in Executive Director Cadre.

CEO's confirmation of the Compliance of Code of Conduct by Board Members and Senior Management of the Company has been mentioned in the Annual Report.

Lloyd Electric & Engineering Limited

753 Lloyds Steel Industries Limited Status YES YES YES YESRemarks

754 LML Limited Status YES YES YES YESRemarks

755 Logix Microsystems Limited Status YES YES YES YESRemarks

756 Lokesh Machines Limited Status YES YES YES YESRemarks


Remarks


Remarks

759 Larsen & Toubro Limited Status YES YES YES YESRemarks


Remarks

761 Lumax Industries Limited Status YES NA YES YES

Currently, No Website.

Lotus Eye Care Hospital Limited

Landmark Property Development Company Limited

CEO's declaration has been complied in the Annual report (2009-2010)

Annual Report for the year ended 31.03.10 contains a declaration of compliance as on that date.

Lumax Automotive Systems Limited

Remarks


Remarks

763 Lupin Limited Status YES YES YES YESRemarks

764 Lyka Labs Limited Status YES YES YES YESRemarks

765 Mahindra & Mahindra Limited Status YES YES YES YESRemarks


Remarks767 Status YES NA YES YES

Remarks


Remarks

769 Madhucon Projects Limited Status YES YES YES YESRemarks

770 Madras Cements Limited Status YES YES YES YESRemarks

771 Madras Fertilizers Limited Status - YES YES YES

None of the Non-Executive Directors is drawing any Remuneration except sitting fees.

Lumax Auto Technologies Limited

None of the Non Executive Directors is drawing any remuneration except sitting fees.

Mahindra & Mahindra Financial Services Limited

Maars Software International Limited

Non Executive Directors are not paid any fees / compensations.

Madhav Marbles and Granites Limited

Remarks

772 Mafatlal Finance Limited Status YES NA YES YESRemarks

773 Magma Fincorp Limited Status YES YES YES YESRemarks - - - -

774 Magnum Ventures Limited Status YES NA YES YESRemarks

775 Bank of Maharashtra Status YES NA YES YES

To be complied with. Madras Fertilizers Ltd is a Govt. of India Undertaking under the control of Ministry of Chemicals and Fertilizers, Dept. of Fertilizers (DOF) / Govt. of India. The strength of the Board is 8. (a) GOI Nominee Directors (2) NICO Nominee Directors (3), IFCI Nominee Director (1) and Functional Director -CMD (1) and Director - Technical (1) totaling 8.

Only Sitting fee is paid to the Non-Executive Director (Only to IFCI Nominee Director).

During the quarter, Two Board Meetings were held on October 19, 2010 & December 30, 2010.

The Board has laid down Code of Conduct and Board Members / Senior Management personnel have affirmed annual compliance with the Code for the Financial Year 2010-11.

No fees and compensation paid to any non-executive directors.

Remarks


Remarks

777 Mahindra Forgings Limited Status YES YES YES YESRemarks


Remarks

The composition of the Board of Directors of the Bank is governed by the provisions the Banking Companies (Acquisition and transfer of Undertakings) Act, 1970, Banking Regulations Act Regulation Act ,1949, & Nationalized Banks (Management & Miscellaneous Provisions) scheme, 1970 as amended.

Sitting fees to the non-executive Directors are determined by the Government of India and accordingly paid.

Maha Rashtra Apex Corporation Limited

Mahindra Ugine Steel Company Limited

The Company is in the process of appointing one Independent Directors in place of 1 Independent Director, who has resigned from the Company with effect from 27th July, 2010. The compliance will be ensured within the statutory period.


Remarks780 Maharashtra Scooters Limited Status YES YES YES YES

Remarks

781 Maharashtra Seamless Limited Status YES YES YES YESRemarks

782 Malu Paper Mills Limited Status YES YES YES YESRemarks Nil Nil Nil Nil


Remarks784 Manaksia Limited Status YES YES YES YES

Remarks

785 Manali Petrochemical Limited Status YES YES YES YESRemarks

786 Man Aluminium Limited Status YES YES YES YESRemarks

787 Mandhana Industries Limited Status YES YES YES YESRemarks


Mahindra Lifespace Developers Limited

Malwa Cotton Spg. Mills Limited

Complied with in Annual Report 2009-10.

No Compensation is being paid.

Will be part of the annual report for the year ended March 31, 2011.

Mangalam Drugs And Organics Limited

Remarks


Remarks

790 Mangalam Cement Limited Status YES YES YES YESRemarks


Remarks792 Man Industries (India) Limited Status NO YES YES YES

Remarks

793 Man Infraconstruction Limited Status YES YES YES YES

Only sitting fees within the limits under Companies Act, 1956 is paid.

Code of Conduct laid down. Declaration will be made in the Annual Report of 2009-2010.

Mangalore Chemicals & Fertilizers Limited

Mangalam Timber Products Limited

One of the Independent Director was a nominee Director of Financial Institution, who ceased to be a Director of the Company wef October 2010 post the Company repaying the outstanding balance with the financial institution, the Company is in the process of appointing another Independent Director in his place.

No compensation is being paid.

Declaration for affirmation to the code of conduct forms part of the annual report for the year ended March 31, 2010.

Remarks


Remarks795 Manugraph India Limited Status YES YES YES YES

Remarks

796 Maral Overseas Limited Status YES YES YES YESRemarks

797 Marico Limited Status YES YES YES YESRemarks

798 Marksans Pharma Limited Status YES YES YES YESRemarks

799 Maruti Suzuki India Limited Status YES YES YES YESRemarks

800 Mastek Limited Status YES YES YES YESRemarks

801 Mawana Sugars Limited Status YES YES YES YESRemarks

802 Max India Limited Status YES YES YES YESRemarks

Sitting fees paid within the prescribed limits of companies Act, 1956.

Manjushree Technopack Limited

Given in Annual Report 2009-10.

803 Maxwell Industries Limited Status YES NA YES YESRemarks


Remarks

805 MBL Infrastructures Limited Status YES YES YES YESRemarks

806 McDowell Holdings Limited Status YES NA YES YESRemarks

807 United Spirits Limited Status YES YES YES YESRemarks

808 Mcleod Russel India Limited Status YES YES YES YESRemarks


Mcnally Bharat Engineering Company Limited

Complied in Annual Report (2009-2010)

809 Megasoft Limited Status YES YES YES YESRemarks

810 Meghmani Organics Limited Status YES NA YES YESRemarks


Remarks812 Merck Limited Status YES YES YES YES


Remarks814 MIC Electronics Limited Status YES NA YES YES

Remarks


Remarks


Remarks

817 Mid-Day Multimedia Limited Status YES YES YES YESRemarks

818 Minda Industries Limited Status YES YES YES YESRemarks

819 MindTree Limited Status YES YES YES YESRemarks

No remuneration paid other than sitting fees.

Melstar Information Technologies Limited

Mahindra Holidays & Resorts India Limited

Microsec Financial Services Limited

The Company is following the Code of Conduct and the same shall be duly affirmed by the CEO in the next Annual Report of the Company for the year 2010-11.

Micro Technologies (India) Limited

820 MIRC Electronics Limited Status YES YES YES YESRemarks

821 Mirza International Limited Status YES YES YES YESRemarks

822 Mercator Lines Limited Status YES YES YES YESRemarks

823 MM Forgings Limited Status YES YES YES YESRemarks


The present strength of the Board of Directors is five, whose composition is given below: Two Promoters cum Executive Directors. Three Independent, Non-Executive Directors. The Chairman of the Board is an Executive Director. Out of the 5 Directors, 3 are Non- executive Independent Directors. Thus more than 50% of the Board comprises of Independent Directors.

Non-executive Directors are entitled to Comn,ission at the rate of one percent of the net profits of the financial year in addition to the sitting fees for attending Board Meetings and Audit Committee Meetings of the Company. The payment of such Commission has been approved by the shareholders in the Annual General Meeting held on January 30, 2006 and the same is valid till March 2011. The Company has not issued any Stock Options till date.

[i] During the Financial Year 2010-11, Board Meetings were held on May 03, 2010, June 28, 2010, July 30, 2010, October 22, 2010 and the next meeting is scheduled to be held on January 28, 2011. The minimum information as stipulated under Annexure IA is made available to the Board in its meetings as applicable. [ii] None of the Directors on the Board are members of more than ten Committees or act as Chairman of more than five Conmiittees across all the Companies in which they are Directors. The Directors have been informing

[i] The Board has laid down a Code of Conduct for all its Board members and Senior Management personnel for avoidance of conflict of interest. The Code of Conduct is posted on the Company¿s website www.onida.com [ii] The Code has been circulated to all the members of the Board and Senior Management for the financial year 2009-10 and the compliance of the Code is confirmed by all of them.

Money Matters Financial Services Limited

Remarks

825 Modi Rubber Limited Status YES YES YES YESRemarks

826 MOIL Limited Status YES NA YES YESRemarks

827 Monnet Ispat Limited Status YES YES YES YESRemarks

828 Monsanto India Limited Status YES YES YES YES

The Non-executive Independent Directors are paid sitting fees. The sitting fee is within the limits prescribed under the Companies Act, 1956.

Remarks

829 Morarjee Textiles Limited Status YES YES YES YESRemarks

830 Morepen Laboratories Limited Status YES YES YES YESRemarks

831 Moser-Baer (I) Limited Status YES YES YES YESRemarks


Remarks



Remarks835 MphasiS Limited Status YES YES YES YES

A declaration was given in the Annual Report.

Requirement with respect to the Declaration by CEO will be complied in the Annual Report.

Will be disclosed in the Annual Report for the year ended 31st March, 2011.

Motherson Sumi Systems Limited

Only sitting fees paid.

Complied in the Annual Report for the Financial Year 2009-2010. The current Financial Year 2010-2011 shall be complied in the next Annual Report.

Motilal Oswal Financial Services Limited

The Motor & General Finance Limited

Remarks

836 MPS Limited Status YES YES YES YESRemarks

837 MRF Limited Status YES YES YES YESRemarks

838 MRO-TEK Limited Status YES YES YES YESRemarks


The Board Comprises 9 members, out of which 8,are non-executive directors. 3 directors are independent.The Chairman of the Board is an Independent director.

Payment of remuneration to non-executive directors has been approved by the shareholders.

The Board met once during the period July 2010 to Septeber 2010. Directors have confirmed that they are not members of more than 10 Committees/Chairman of more than 5 committees.

The code of conduct for Board members and Senior Management is available on the website of the company (www.mphasis.com) and affirmation of compliance signed by the CEO was included in the annual report for the year ended October 31, 2010. (Which would be sent to the members in due course after printing.)

The Board Comprises of - Two executive Directors and - Four non-executive and Independent Directors.

Mangalore Refinery and Petrochemicals Limited

Remarks

840 MSP Steel & Power Limited Status YES YES YES YESRemarks


Remarks

At present there are two Independent Directors on the Board of MRPL. The company has taken up with Ministry of Petroleum and Natural Gas, Government of India (MRPL being a Government Company) for appointment of Independent Directors to comply with the requirements of Clause 49 (IA). ONGC, our parent company has also taken up with MoP&NG for appointment of one of its Independent Directors on the Board of MRPL. It is understood that the appointment of Independent Directors is in the advanced

Mahanagar Telephone Nigam Limited

Presently, the Board of MTNL consists of CMD, three functional Directors, one Govt. Director and six Independent Directors.

842 Mudra Lifestyle Limited Status YES YES YES YESRemarks

843 Mukand Engineers Limited Status YES YES YES YESRemarks

844 Mukand Limited Status YES YES YES YESRemarks

845 Mukta Arts Limited Status YES YES YES YESRemarks


Remarks847 Munjal Auto Industries Limited Status YES YES YES YES

Remarks

848 Munjal Showa Limited Status YES YES YES YESRemarks

849 Murli Industries Limited Status NO YES YES YESRemarks Nil Nil Nil

As per the information provided to the Company, none of the Directors of the Company are members of more than 10 committees or chairman of more than 5 Committees.

Annual affirmation from Board Members and Senior Management have been obtained.

The Company is not paying any remuneration to Non-Executive Directors. However, the Directors are paid sitting fees for attending Board/Committee meetings details of which are given in the Annual Report.

Mundra Port and Special Economic Zone Limited

Step for appointment of director in place of resigned director has already been taken and hoping to finalise very shortly.

850 Murudeshwar Ceramics Limited Status YES YES YES YES

Remarks Complied with Complied with Complied with Complied with

851 MVL Limited Status YES YES YES YESRemarks

852 MVL Industries Limited Status YES YES YES YESRemarks

853 State Bank of Mysore Status NA NA YES YESRemarks


Remarks


Remarks


Remarks

857 Nagreeka Exports Limited Status YES YES YES YES

Controlled by Section 25 of SBI (Subsidiary Banks) Act, 1959.

Paid in terms of Regulations 42 of Subsidiary Banks General Regulation.

Nagarjuna Construction Company Limited

Has been complied in the Annual Report.

Nagarjuna Fertilizer & Chemicals Limited

Nagreeka Capital & Infrastructure Limited

Remarks




Remarks861 Nahar Spinning Mills Limited Status YES YES YES YES

Remarks862 Nandan Exim Limited Status YES YES YES YES

Remarks


Remarks864 Natco Pharma Limited Status YES YES YES YES

Remarks

865 Nath Seeds Limited Status YES YES YES YESRemarks


Nahar Capital and Financial Services Limited

Nahar Industrial Enterprises Limited

Nahar Investments and Holding Limited

Girdharilal Sugar and Allied Industries Limited

National Aluminium Company Limited

Remarks Complied with Complied with


Remarks

868 Info Edge (India) Limited Status YES YES YES YESRemarks


Remarks

Three independent directors ceased to be directors on the Board w.e.f. 27.09.2010. There are 6 executive directors 2 non executive official directors and 5 independent directors on the Board of NALCO as on 31.12.2010. Necessary action is being taken to appoint independent directors within 180 days as prescribed under clause 49(1)(c)(iv) of the Listing Agreement.

Sitting fees is the only remuneration paid to non-executive (part time non-official) directors in terms of Rule 10-B of Companies (Central Government's) General Rules and Forms (Amendment) Rules, 2000.

National Steel And Agro Industries Limited

Non-executive directors are not paid any thing other than Directors sitting fee for attending the meeting.

Navin Fluorine International Limited


Remarks871 Nava Bharat Ventures Limited Status YES YES YES YES

Remarks872 NCL Industries Limited Status YES YES YES YES

Remarks

873 New Delhi Television Limited Status YES YES YES YESRemarks

874 Nectar Lifesciences Limited Status YES YES YES YESRemarks

875 Nelcast Limited Status YES YES YES YESRemarks

876 NELCO Limited Status YES YES YES YESRemarks

877 Neocure Therapeutics Limited Status YES NA YES YES

Navneet Publications India Limited

Complied with in the Annual Report 2009-10.

Remarks

878 NEPC Agro Foods Limited Status YES YES YES YESRemarks

879 NEPC India Limited Status YES YES YES YESRemarks

880 Nepc Textiles Limited Status YES YES YES YESRemarks

881 Nesco Limited Status YES YES YES YESRemarks

882 Net 4 India Limited Status YES YES YES YESRemarks NA NA NA NA


Remarks

884 Neuland Laboratories Limited Status YES YES YES YESRemarks


Composition is as per the provisions of clause 49(IA) read with the companies Act,1956.

No fees/compensation paid to Non-Executive Directors,including independent Directors.

Board meetings, memberships or chairman in committees and the information to be furnished before board meetings are as per the provisions of clause 49(IC) read with the companies Act, 1956.

Code of conduct has been laid down by the board as per the provisions of clause 49(ID) read with the provisions of Companies Act,1956.

Network18 Media & Investments Limited

Presently the Company is not paying any remuneration/ Compensation to any NON-EXECUTIVE Director except sitting fees within the limits as prescribed under Companies Act, 1956.

Posted on the website of the Company.

Neyveli Lignite Corporation Limited

Remarks

886 National Fertilizers Limited Status NO YES YES YESRemarks

887 NHPC Limited Status YES YES YES YES

The Composition of Board of Directors as on 31.12.2010 is as under Functional Directors (Executive Directors) 6 40.00 % Government Directors (Non-Executive Directors) 2 13.33 % Non-official Part time Directors (Non-Executive Directors & Independent Directors) .7 46.67 % Total 15 100.00 % Since ours is a Government Company, as per the Articles of Association of the Company, the power to appoint Directors vests with the President of India, the issue relating to Composition of

As on 31.12.2010 the company has eight directors, out of which three are Functional Directors including C&MD, two Govt. Nominees and three Independent Directors. The company is pursuing with the administrative Ministry to reconstitute the Board as per SEBI/DPE Guidelines.

Remarks

888 Nicco Corporation Limited Status YES YES YES YESRemarks

889 NIIT Limited Status YES YES YES YESRemarks

890 NIIT Technologies Limited Status YES YES YES YESRemarks

891 Nilkamal Limited Status YES YES YES YESRemarks

Sub Clause (ii) Complied with in the Annual Report for financial year 2009-10. For the Financial year 2010-11, the same shall be complied in the next Annual Report.

As per the information provided to the Company, none of the Directors of the Company are members of more than 10 committees or Chairman of more than 5 committees.

Annual affirmation from Board Members and Senior Management have been obtained for the financial year 2009-10.


Remarks

893 Nirma Limited Status YES YES YES YESRemarks

894 Nissan Copper Limited Status YES NA YES YESRemarks

895 Nitco Limited Status YES YES YES YESRemarks

896 Nitesh Estates Limited Status YES YES YES YESRemarks Complied Complied Complied


Nippo Batteries Company Limited

The Board comprises of Six directors, of which three directors are independent. The Chairman in as an Executive Director.

Only sitting fee is being paid.

Nitin Fire Protection Industries Limited

Remarks

898 Nitin Spinners Limited Status YES YES YES YESRemarks

899 NK Industries Limited Status YES YES YES YESRemarks

900 NMDC Limited Status YES YES YES YESRemarks

901 NOCIL Limited Status YES YES YES YESRemarks


The Company has an Executive Chairman. Out of total 6 Directors, 4 Directors are non-Executive Directors, representing 67% of the total strength. further out of the said 4 non executive directors 3 are independent directors.

Sitting fees paid to independent directors are within limits prescribed under the Companies act, 1956. Hence no approval of shareholders is required.

During the financial year 2009-10, five board meeting have been held and the gap between two meetings did not exceed 4 months. The minimum information as required under this clause is made available to the Board of Directors as part of the agenda papers and / or through presentations on the Financials/ operations of the company.

The company has formulated and adopted a Code of Conduct applicable to its Directors and Senior Management. The said Code has been posted on the website of the company. Affirmation will be obtained from directors and Senior Management regarding their adherence to the Code and a confirmation to that effect will be made by the CEO in the Annual Report 2010-11.

The Company complied the requirement of corporate governance. Temporarily one positions of Directors have fallen vacant on completion of the 3 yr tenure on 24.12.2010 and the same is to be filled up by Ministry of steel, government of India.

Noida Toll Bridge Company Limited

Remarks

903 Norben Tea & Exports Limited Status YES YES YES YESRemarks


Remarks905 Nova Iron & Steel Limited Status YES YES YES YES

Remarks906 Nova Steel India Limited Status YES YES YES YES

Remarks907 Novopan Industries Limited Status YES YES YES YES

Remarks

908 NRB Bearing Limited Status YES YES YES YESRemarks

909 NRC Limited Status YES YES YES YES

All Board members and all senior management personnel have in their annual declaration affirmed compliance with the Code of Conduct and Business Ethics. A statement to this effect, has been made in Annual Report for the FY 2009-10.

Northgate Technologies Limited

The Boards comprises of 50% of Independent Directors

All the requirements have been complied with in the Annual Report for the year 2009-10.

Remarks


Remarks

911 NTPC Limited Status YES YES YES YESRemarks

912 Nucent Finance Limited Status YES YES YES YESRemarks

913 Nuchem Limited Status YES YES YES YESRemarks


Nalwa Sons Investments Limited

Nucleus Software Exports Limited

Remarks


Remarks916 Nu Tek India Limited Status YES YES YES YES

Remarks

917 Oberoi Realty Limited Status YES YES YES YESRemarks

918 OCL India Limited Status YES YES YES YESRemarks


Out of the total strength of 5 Directors of the Board, only 1 is Executive Director (MD) and 4 are Non- Executive Directors. Chairman is an Independent Non-Executive Director and out of the total strength of 5 Directors of the Board, 4 are Independent Directors. More than 2/3 of the Board is Independent.

(i)Commission paid to non-executive directors is fixed by board of directors and also approved by shareholders in general meeting held on July 8, 2009. ii) Sitting fees paid to non-executive directors is also approved by board of directors and approved by shareholders in General Meeting held on July 8, 2005. iii) Shareholders resolution passing Employee Stock Option Scheme (2005) and Employee Stock Option Scheme (2006) specifies the maximum number of options to be granted to

(i) The Board has met 6 times during the current financial year till date. (ii) Annual disclosures by Directors occupying position in committees is placed before the board. Changes, if any, during the year also notified by directors to the company.

Numeric Power Systems Limited

Oracle Financial Services Software Limited

Remarks

920 Oil India Limited Status YES YES YES YESRemarks

921 Oil Country Tubular Limited Status YES YES YES YESRemarks Adopted

922 OCL Iron and Steel Limited Status YES YES YES YESRemarks

923 Omax Autos Limited Status YES YES YES YESRemarks

924 Omaxe Limited Status YES YES YES YESRemarks

925 Omnitech Infosolutions Limited Status YES YES YES YES

The composition of the board is as follows :- Non-Executive & Independent Directors. Mr. William T Comfort, Jr. Chairman. 2)Mr. Yashodhan M. Kale. 3) Mr. S. venkatachalam Executive Directors : 1) Mr. Chaitanya Kamat - Managing Director & Chief Executive Officer. 2) Mr Joseph John (Whole time Director). Non- Executive & Non - Independent Directors : 1) Ms. Dorian Daley. 2) Mr. Frank Breinzi 3) Mr. Derek Williams 4) Mr. William Corey West. :

For Financial Year 2009-10 the disclosure is made in Annual Report 2009-10 and for Financial Year 2010-11 the disclosure will be made in Annual Report 2010-11

The Company has implemented the Policy on Code of Conduct & has put the same on its website: http://www.oracle.com/industries/financial_services/046571.html

Chairman of the Board is Executive Director and more than half of the Board comprises Independent Directors.

Sitting fees for Board and Committee meetings is paid and same is disclosed in Annual Report.

Complied by holding Board Meetings every quarter. Held 1 Board Meetings in third quarter ending December 31, 2010.

Remarks


Remarks

927 OnMobile Global Limited Status YES YES YES YESRemarks

928 Onward Technologies Limited Status YES YES YES YES

The affirmation relating to the same shall find a place in the Annual Report of the Company in the form of declaration signed by CEO.

Oil & Natural Gas Corporation Limited

ONGC being a Govt. Co. under the administrative control of Ministry of petroleum and natural gas (MoP & NG), the Directors are appointed by the Govt. of India. As at the end of Quarter i.e. on 31.12.2010 there were four (4) Independent Directors on the Board of ONGC as against the total requirement of Nine (9) Independent Directors [considering the fact that the post of Director (HR) which is presently vacant, would be filled up shortly] to meet the conditions stipulated in Clause 49 of

Remarks

929 Opto Circuits (India) Limited Status YES YES YES YESRemarks

930 Orbit Corporation Limited Status YES YES YES YESRemarks


Remarks932 ORG Informatics Limited Status YES YES YES YES

Remarks

933 Orient Abrasives Limited Status YES YES YES YESRemarks

934 Oriental Trimex Limited Status YES YES YES YESRemarks

935 Oriental Bank Of Commerce Status YES YES YES YES

Relevant reporting will be made in Annual Report for the year 2010-2011.




Orchid Chemicals & Pharmaceuticals Limited

The Board comprises of 4 independent directors, a non executive chairman (related to the promoter), a managing promoter and an executive director.

Remarks


Remarks937 Oriental Hotels Limited Status YES YES YES YES

Remarks

938 Orient Press Limited Status YES YES YES YESRemarks


Remarks


The remuneration of Directors is decided by the Govt. of India.

Board Meetings are held every month. The time gap between two meetings has never exceeded four months. Further, no Director of the Bank is a member of more than 10 Committees and Chairperson of more than 5 committees across all the companies.

The Code of Conduct as framed by IBA has been approved by the Board and the same has been duly signed by the Board of Directors and the core management personnel.

Orient Ceramics and Industries Limited

Orient Paper & Industries Limited

The Orissa Minerals Development Company Limited

Remarks

941 Oswal Agro Mills Limited Status YES YES YES YESRemarks

942 The Oudh Sugar Mills Limited Status YES YES YES YESRemarks

943 Padmalaya Telefilms Limited Status YES YES YES YESRemarks

944 PAE Limited Status YES YES YES YESRemarks

945 Page Industries Limited Status YES YES YES YES

As on date, the Board of Directors of OMDC comprises one CMD, one Govt Nominee Director, one nominee director from LICI and three non executive independent Directors.

Remarks NIL NIL NIL

946 Panacea Biotec Limited Status YES YES YES YESRemarks

947 Panoramic Universal Limited Status YES NA YES YESRemarks

948 Pantaloon Retail (India) Limited Status YES YES YES YES

Remarks

949 The Paper Products Limited Status YES YES YES YES

Our Board had 2 Independent Directors. On November 01st, 2010. one the Independent Director resigned. However, as per clause 49 (1) (C) (iv) we have the time to appoint a new Independent Director within a period of not more than 180 days from the day of such resignation.

The Company does not pay any compensation/ remuneration to the Non-Executive Directors.

Remarks

950 Parabolic Drugs Limited Status YES YES YES YESRemarks


Total No. of Directors -8. Independent Directors 4 In terms of clause 49 of the Listing Agreement, as the Chairman of the Company is executive in nature, the company is required to have atleast fifty percent of its directors as Independent. the Company has complied with the aforesaid requirement.

Commission & Sitting Fees paid to the Non-Executive Directors for the financial year 2009 has been disclosed in Corporate Governance Report forming part of the Annual Report 2009.

During the year till Decemeber 31, 2010, 5 Board Meetings were held on 27/01/2010, 10/03/2010, 27/04/2010, 30/07/2010 and 29/10/2010. No director of the Company is a member of more than 10 Committees or Chairman of more than 5 Committees.

The Code of Conduct laid down by the Board is posted on website of the Company. A declaration of compliance with code of conduct, signed by Managing Director of the Company was disclosed in Corporate Governance Report forming part of Annual Report-2009.

During the quarter ended on 31stDecember 2010, there were following changes in the Directorship of the Company : Mr. Gurpreet Singh Sandhu was appointed as the Executive Director and Mr. Nikhil Goel was appointed as the Non Executive Director as on 8th November, 2010. Further, Mrs. Deepali Gupta resigned from the directorship of the Company as on 8th November 2010. Taking into consideration the above said changes, the Composition of the Board has been changed which consists of Nine Directors

The Company duly received the Declarations from Mr. Nikhil Goel and Mr. Gurpreet Singh Sandhu with respect to the Compliance of the Code of Conduct

Paramount Communications Limited

Remarks

952 Parekh Aluminex Limited Status YES YES YES YESRemarks

953 Paras Petrofils Limited Status YES YES YES YESRemarks Complied With Complied With Complied With Complied With

954 Parekh Platinum Limited Status YES YES YES YESRemarks

955 Parrys Sugar Industries Limited Status YES YES YES YES

Remarks

956 Parsvnath Developers Limited Status YES YES YES YESRemarks

957 Patel Engineering Limited Status YES YES YES YESRemarks


The Non-executive Directors of the Company are being paid only sitting fees for attending the Meetings of Board of Directors of the Company/Committees thereof , within the limits prescribed under the Companies Act, 1956 and approved by the Board of Directors.

Relevant annual compliances and disclosures have been made in the Annual Report of the Company for the Financial Year ending March 31, 2011.

Patel Integrated Logistics Limited

Remarks


Remarks

960 Patspin India Limited Status YES YES YES YESRemarks

961 PBA Infrastructure Limited Status YES YES YES YESRemarks


Remarks

963 Pudumjee Industries Limited Status YES YES YES YESRemarks


Remarks965 Peacock Industries Limited Status YES YES YES YES

Remarks966 Pearl Polymers Limited Status YES YES YES YES

Remarks

No Remuneration is paid to the Non-Executive Directors except the Directors' Sitting Fees.

Patni Computer Systems Limited

Parenteral Drugs (India) Limited

Pudumjee Pulp & Paper Mills Limited

CEO declaration on compliance with the code for the financial year 2010-11. will form part of the next Annual Report.

967 Pennar Industries Limited Status YES YES YES YESRemarks

968 Peninsula Land Limited Status YES YES YES YESRemarks


Remarks

970 Persistent Systems Limited Status YES YES YES YESRemarks NA NA NA NA


Remarks

972 Petronet LNG Limited Status YES YES YES YES

Pearl Engineering Polymers Limited

CEO Declaration on compliance with the code for the financial year 2010-11 will form part of the next Annual Report.

Petron Engineering Construction Limited

Sitting fees for attending Board Meeting and Committee Meetings Paid. Commission paid to Independent Directors for Financial Year 2009-10.

Remarks


Remarks

974 Pfizer Limited Status YES YES YES YESRemarks

975 Prime Focus Limited Status YES NA YES YES

Power Finance Corporation Limited

The Ministry of Power, Government of India appointed an Independent Director on the Board of the Company on December 31, 2010. Subsequently, the Ministry also relieved one of the Government Nominee Directors from the Board of the Company w.e.f. January 06, 2011. The Board of Directors presently comprise of 10 members. Out of which 4 are whole time Directors 1 Government nominee director and 5 Independent Directors.

Only Sitting fee is paid to the Directors with in the limits prescribed under Companies Act, 1956 as approved by the Board.


Remarks

977 Phillips Carbon Black Limited Status YES YES YES YESRemarks

978 The Phoenix Mills Limited Status YES YES YES YESRemarks

979 Pidilite Industries Limited Status YES YES YES YESRemarks

980 Pioneer Distilleries Limited Status YES YES YES YES

Procter & Gamble Hygiene and Health Care Limited

The Board Consists of 9 Directors with a Promoter / executive Chairman and 5 Independent Directors.

The Shareholders of the Company have passed a special resolution pursuant to section 309 (4) of the Companies Act 1956 in the 105th AGM of the Company. Held on 28th September 2010 approving payment of commission to the Independent Directors upto a maximum extent of 1% p.a. of the net profits of the company in of the profits for each of the five financial years commencing from April 01, 2010 in addition to the sitting fees which are currently paid to the independent directors for

The Board meets atlest once every 4 months with a maximum time gap of 4 months between any 2 meetings. No director is a member in more than 10 committees or a Chairman in more than 5 committees.

The Board has adopted a Code of Conduct.

49 (ID) (ii) complied in the Annual Report of F.Y. 2009-10.

Remarks

981 Pioneer Embroideries Limited Status YES YES YES YESRemarks

982 Pipavav Shipyard Limited Status YES YES YES YESRemarks

983 Piramal Glass Limited Status YES YES YES YESRemarks

984 Piramal Healthcare Limited Status YES YES YES YES

The Board consist of 8 Directors comprising of a Non Executive Promoter chairman , 5 non executive Directors out of which 4 are Independent and 2 executive directors.

Code of conduct is posted on the company's website. Declaration will be given in the Annual report.

The Company has adopted the Code of Conduct for all the Board members and senior management of the Company.

Clause 49 (ID) (ii) being complied on annual basis.

Annual Affirmation for FY 11 will be placed at the Board Meeting in May 2011 at the time of approval of audited accounts for the Financial year ending 31 March, 2011.

Remarks

985 Piramal Life Sciences Limited Status YES NA YES YESRemarks

986 Pitti Laminations Limited Status YES YES YES YESRemarks

987 Plastiblends India Limited Status YES YES YES YES

Annual Affirmation for FY 11 will be placed at the Board Meeting in May 2011 at the time of approval of Audited Accounts for the financial year ending 31st March, 2011.

Except for sitting fees (which are within the limits prescribed under the Companies Act,1956) no remuneration is paid to non-executive directors of the Company.

Necessary Annual Affirmation for FY 11 will be made at the Meeting to be held on April / May 11 for approving the Annual Accounts for FY 11.

Only sitting fees is paid to Non Executive Directors.

Code of conduct framed. Posted on the Website of the company. Affirmation of compliance of code of conduct will be done on annual basis.

Remarks


Remarks

989 Punjab National Bank Status YES NA YES YESRemarks

990 PNB GILTS LTD. Status YES YES YES YESRemarks


Remarks N.A. N.A. N.A. N.A.

992 Pochiraju Industries Limited Status YES NA YES YESRemarks

993 Polar Industries Limited Status YES YES YES YES

Approvals as necessary shall be obtained in case of proposal of compensation/stock option.

Plethico Pharmaceuticals Limited

In case of PSBs, Composition is governed by Banking Companies (A & TU) Act,1970.

Compensation not applicable in case of PSBs.

Pritish Nandy Communications Limited

Composition is as per the provisions of Clause 49(IA) read with the Companies Act, 1956.

No fees / Compensation paid to Non-Executive Directors, including independent Directors except sitting fees.

Board meetings, memberships or Chairman in Committees and the information to be furnished before board meetings are as per the provisions of Clause 49(IC) read with the Companies Act, 1956.

Code of conduct has been laid down by the board as per the provisions of Clause 49(ID) read with the provisions of Companies Act, 1956.

Remarks Complied with. Complied with.

994 Polaris Software Lab Limited Status YES YES YES YESRemarks

995 Polyplex Corporation Limited Status YES YES YES YESRemarks

996 Ponni Sugars (Erode) Limited Status YES YES YES YESRemarks


Complied with and shall be complied on continuous basis.


Power Grid Corporation of India Limited

Remarks


Remarks

999 Pradip Overseas Limited Status YES YES YES YESRemarks


Remarks

1001 Praj Industries Limited Status YES YES YES YES

During the quarter, the Board comprised CMD, 4 functional Directors, 2 official part-time directors and 7 non-official part-time directors (independent directors).

The non-executive directors are paid the sitting fees. The sitting fee is within the limits prescribed under the companies Act,1956.

The Board meets more frequently than the minimum requirement of four times in a year. The overall Directorship of the Directors in various Companies is within the permissible limits. Almost all the issues listed under Annexure 1A are being placed before the Board of Directors.

Precision Pipes And Profiles Company Limited

Prajay Engineers Syndicate Limited

The company is not paying any remuneration to Non Executive Directors.

Remarks

1002 Prakash Industries Limited Status YES YES YES YESRemarks

1003 Prakash Steelage Limited Status YES YES YES YESRemarks

1004 Silicon Valley Infotech Limited Status YES YES YES YESRemarks

1005 Pratibha Industries Limited Status YES YES YES YESRemarks

1006 Precot Meridian Limited Status YES YES YES YESRemarks

1007 Precision Wires India Limited Status YES YES YES YESRemarks

1008 Premier Limited Status YES YES YES YESRemarks

1009 Premier Polyfilm Limited Status YES YES YES YESRemarks


Remarks

1011 Pricol Limited Status YES YES YES YESRemarks

1012 Prime Securities Limited Status YES YES YES YES

Declaration given in the Annual Report 2009-10. Code available on the website of the Company.


Prestige Estates Projects Limited

Remarks

1013 Prism Cement Limited Status YES YES YES YESRemarks


Remarks1015 Provogue (India) Limited Status YES YES YES YES

Remarks


Remarks

1017 Punjab & Sind Bank Status YES YES YES YESRemarks

1018 PSL Limited Status NO YES YES YESRemarks

1019 PTC India Limited Status YES YES YES YESRemarks

1020 PTL Enterprises Limited Status YES YES YES YESRemarks


The declaration of compliance with the Code of Conduct by the Board Members and the Senior Management Personnel will be incorporated in the Annual Report of the Company.

Prithvi Information Solutions Limited

Prudential Sugar Corporation Limited

The ratio has been disturbed due to sudden demise of Shri Y. P. Punj, Non- Executive Director sometime back.

Punjab Chemicals & Crop Protection Limited

Remarks

1022 Punj Lloyd Limited Status YES YES YES YESRemarks

1023 Puravankara Projects Limited Status YES YES YES YESRemarks

1024 PVP Ventures Limited Status YES YES YES YESRemarks

1025 PVR Limited Status YES YES YES YESRemarks

1026 Quintegra Solutions Limited Status YES YES YES YESRemarks


Remarks1028 Radico Khaitan Limited Status YES YES YES YES

Remarks

1029 Rainbow Papers Limited Status YES YES YES YESRemarks

1030 Rain Commodities Limited Status YES YES YES YESRemarks N.A N.A N.A N.A


Remarks1032 Rajesh Exports Limited Status YES YES YES YES

Independent directors are paid sitting fee for attending the Board and the Audit Committee meetings.

Radaan Mediaworks India Limited

The Board of Directors consists an optimum combination of Executive and Non-Executive Directors.

Raisaheb Reckhchand Mohota Spinning & Weaving Mills Limited

Remarks

1033 Raj Oil Mills Limited Status YES NA YES YESRemarks

1034 Raj Rayon Industries Limited Status YES YES YES YESRemarks


Composition of the Board is in compliance with listing agreement.

Non Executive directors do not draw any compensation from the company.

The Company three Board meetings during the quarter.

Code of Conduct is in place.

There are Eight Directors on the Board of Director of the Company, Four Executive Director and Four Independent and Non-Executive Directors, Mr. Shaukat Suleman Tharadra, Managing Director of the Company is the Chairman of the Board.

The Company does not pay an Compensation / Fees to its Non Executive Director including Independent Director.

The Board and the Senior Management Personnel of the Company will a firm with the Compliance of the Code on Annual Basis. The Declaration of CEO / Whole time Director, will form part of the ensuing Annual Report.

Declaration of CEO has been complied for the financial year 2009-10. Compliance for financial year 2010-2011 will be complied in next Annual Report.

Rajshree Sugars & Chemicals Limited

Remarks

1036 Raj Television Network Limited Status YES YES YES YESRemarks Duly Complied Duly Complied

1037 Rajvir Industries Limited Status YES YES YES YESRemarks

1038 Rallis India Limited Status YES YES YES YESRemarks


The Board of Directors of the Company is comprised of : 1 Promoter Executive Director Ms. Rajshree Pathy. 1 Non-promoter Executive Director Mr. R. Varadarajan. 4 Independent Non-Executiove Directors Mr. G. R. Karthikeyan, Mr. R. C. H. Reddy and Mr. G. S. V. Subba Rao.Dr K.Mohan Naidu. 2 Non-Independent Non-Executive Directors Dr. P. Surulinarayanasami, Mr. Raja M. J. Abdeen.

Non-executive Directors are not being paid any compensation except sitting fees.

The Code of Conduct has been posted on the website of the Company (www.rajshreesugars.com).

Duly Constituted.

No benefit except sitting fees for attending Board Meeting is paid to Independent Directors.

No Vacancy of Independent Director has occured during the last quarter.

Rama Newsprint and Papers Limited

Remarks

1040 Ramco Industries Limited Status YES YES YES YESRemarks

1041 Ramco Systems Limited Status YES YES YES YESRemarks

1042 Ramgopal Polytex Limited Status YES YES YES YESRemarks

1043 Ramky Infrastructure Limited Status YES YES YES YESRemarks

1044 Ramsarup Industries Limited Status YES YES YES YESRemarks

1045 Rana Sugars Limited Status YES YES YES YESRemarks

1046 Ranbaxy Laboratories Limited Status YES YES YES YESRemarks

1047 Rane Engine Valve Limited Status YES YES YES YES

Only sitting fees is paid to Non-Executive Directors & Independent Directors.

Declaration of CEO has been Complied for financial year 2009-10. Compliance for financial year 2010-11 will be complied in next Annual Report.

Complied in the Current Annual Report and will be complied in the next Annual Report for the year 2010-2011.

Code of Conduct is prepared but Website is under construction.

49 1D (ii) will be complied with in the next Annual Report.

Remarks

1048 Rane Holdings Limited Status YES YES YES YESRemarks


Disclosed in the Annual Report 2009-10.

CEO's declaration regarding compliance was furnished in the Annual Report 2009-10

Disclosed in the Annual Report 2009-10

CEO's declaration regarding compliance is furnished in the Annual Report 2009-10.

Ratnamani Metals & Tubes Limited

Remarks

1050 Raymond Limited Status YES YES YES YESRemarks

1051 Rane Brake Lining Limited Status YES YES YES YESRemarks


Board of Directors has approved the code of conduct and all Board members and senior management personnel have affirmed compliance on an annual basis. Declaration to this effect is given in the Annual Report of 2009-10.

Affirmation by Board members and senior Management regarding compliance with the Code of Conduct has been disclosed in the Annual Report for the year 2009-2010, will also be complied in Annual Report of 2010-2011.


CEO's declaration regarding compliance is furnished in the Annual Report 2009-10.

Reliance Broadcast Network Limited

Remarks


Remarks



Remarks

1056 Redington (India) Limited Status YES YES YES YESRemarks NIL NIL NIL NIL

1057 Refex Refrigerants Limited Status NO YES YES YES

Rashtriya Chemicals and Fertilizers Limited

The present Board of the Company consists of 5 Directors. As on date there were no independent Directors. The Company is a Central Public Sector Undertaking and its Directors on the Board are appointed by president of India. Government is yet to appoint required number of independent directors.

The non - executive directors are not paid any compensation or remuneration of whatsoever nature. They are paid sitting fees for attending the Board Meetings / Committee Meetings as per the fee decided and approved by the Board.

Reliance Communications Limited

Rural Electrification Corporation Limited

Tenure of 3 independent Directors expired on 19.12.2010 and communication for appointment of new Independent Directors is awaited from the Ministry of Power, Government of India.

Remarks

1058 Regency Ceramics Limited Status YES YES YES YESRemarks

1059 Rei Agro Limited Status YES YES YES YESRemarks

1060 REI Six Ten Retail Limited Status YES YES YES YESRemarks

1061 Reliance Capital Limited Status YES YES YES YESRemarks

1062 Reliance Industries Limited Status YES YES YES YES

During April 2010 an independent Director Resigned. Consequent to the said resignation the Company is now making full efforts to find a suitable replacement.

No remuneration paid to non-executive Directors.

The Board consists of 8 Directors, comprising of 2 Executive Directors, one of them being promoter Chairman & Managing Director, and 6 Non-Executive Directors, out of which 4 are Independent Directors.

Except sitting fee no compensation / fee was paid to Non-Executive Directors.

Necessary CEO declaration will be given in the Annual Report.

Remarks Complied. Complied. Complied.

1063 Religare Enterprises Limited Status YES YES YES YESRemarks Complied with Complied with Complied with Complied with

1064 Reliance Infrastructure Limited Status NO YES YES YESRemarks

1065 Reliance MediaWorks Limited Status YES YES YES YESRemarks

1066 Remsons Industries Limited Status YES YES YES YES

The composition of the Board of Directors of the Company is in line with the requirements of Clause 49.

Shri V R Galkar independent director resigned from the Board on November 12, 2010. The Company is in process of appointing a new independent director.

Remarks

1067 Shree Renuka Sugars Limited Status YES YES YES YESRemarks

1068 Repro India Limited Status YES YES YES YESRemarks

1069 Responsive Industries Limited Status YES NA YES YESRemarks


Remarks1071 Revathi Equipment Limited Status YES YES YES YES

Remarks

1072 Rico Auto Industries Limited Status YES YES YES YESRemarks


Annual Corporate Governance report forming part of our Annual Report for the year ended March 31st 2010 adequately deals with it.



Displayed on Company's Website and also adequately dealt with in the Annual Report for the Y/e 31.03.2010.

Compliance affirmed for the year 2009-10 and declaration by CFO has been duly incorporated in the Annual Report for the year 2009-2010.

Resurgere Mines & Minerals India Limited

Code of Conduct has been posted in company's web site.

Available at Company's Website : ricoauto.com

Reliance Industrial Infrastructure Limited

Remarks Complied. Complied. Complied.

1074 Renaissance Jewellery Limited Status YES YES YES YESRemarks

1075 Ravi Kumar Distilleries Limited Status YES YES YES YESRemarks

1076 Ramkrishna Forgings Limited Status YES YES YES YESRemarks


Remarks

1078 Rane (Madras) Limited Status YES YES YES YES

The composition of the Board of Directors of the Company is in line with the requirements of Clause 49.

Radha Madhav Corporation Limited

Remarks

1079 Rohit Ferro-Tech Limited Status YES YES YES YESRemarks

1080 Royal Orchid Hotels Limited Status YES YES YES YESRemarks

1081 Rolta India Limited Status YES YES YES YESRemarks

1082 Roman Tarmat Limited Status YES YES YES YESRemarks

1083 RPG Life Sciences Limited Status YES YES YES YESRemarks

1084 Reliance Power Limited Status YES YES YES YESRemarks

1085 R.P.P. Infra Projects Limited Status YES YES YES YES


CEO's declaration regarding compliance was furnished in the Annual Report 2009-10.

Has been complied with in the Annual Report for FY 2009-10.

Remarks

1086 R. S. Software (India) Limited Status YES YES YES YESRemarks

1087 RSWM Limited Status YES YES YES YESRemarks


Remarks

1089 The Ruby Mills Limited Status YES YES YES YESRemarks

1090 Ruchi Infrastructure Limited Status YES YES YES YESRemarks

1091 Ruchira Papers Limited Status YES YES YES YESRemarks

1092 Ruchi Soya Industries Limited Status NO YES YES YESRemarks


Shall be complied with shortly.

R Systems International Limited

To comply with the provision, the Company needs to induct an independent director on the Board, The Company is looking for suitable candidature.

S&S Power Switchgears Limited

Remarks


Remarks


Remarks

1096 Sadbhav Engineering Limited Status YES YES YES YESRemarks

1097 Sagar Cements Limited Status YES YES YES YES

Sabero Organics Gujarat Limited

Only sitting fee is paid to the Independent Directors. The required disclosures have been made in the Annual Report for the Financial Year 2009-10 and shall also be made in the Financial Year 2010-11.

Sri Adhikari Brothers Television Network Limited

Will be complied in the Annual Report for the financial year ending on March 31, 2011.



Remarks

1098 Sah Petroleums Limited Status YES YES YES YESRemarks

1099 Steel Authority of India Limited Status NO YES YES YESRemarks

1100 Sai Television Limited Status YES YES YES YESRemarks

1101 Sakthi Sugars Limited Status YES YES YES YESRemarks

1102 Saksoft Limited Status YES YES YES YESRemarks

1103 Sakuma Exports Limited Status YES YES YES YESRemarks

1104 Salora International Limited Status YES YES YES YESRemarks

1105 S.A.L. Steel Limited Status YES YES YES YESRemarks

1106 Sambhaav Media Limited Status YES YES YES YES

There is a shortfall of 2 independent directors. Being a Government company, directors are nominated by Government of India. The proposal for nomination of additional independent director(s) is being processed by the Government of India.

The Annual Report for 31/03/2010 has carried the declaration by Managing Director on Compliance of the same.

Remarks

1107 Samtel Color Limited Status YES YES YES YESRemarks

1108 The Sandesh Limited Status YES YES YES YES

The Board consists of 8 Members, of which 6 are independent including 2 nominee Directors. The Chairman is an Executive Director, therefore this clause is complied with i.e. Half of the Board comprises of Independent Directors / Non Executive Directors.

Company does not pay any remuneration / compensation to non-executive Directors except sitting fee of Rs 15000.00 for attending each meeting of the Board & Audit committee and Rs. 5000.00 for attending other committee meeting of the company.

Board met on 10.11.2010 during the quarter. The maximum time gap between any two consecutive meetings was less than four months. The Board meetings held on 24.04.2010, 04.08.2010 and 10.11.2010 till the date.

The Board has already laid down code of conduct for the Beard members and senior management of the company. It is also posted on the website of the company at www.samtelgroup.com. The condition under clause (ii) of (ID) has already been complied in the Annual Report for the year ended 31st March, 2010 which was despatched on 7th July, 2010 to all the shareholders of the company.

Remarks

1109 Sangam (India) Limited Status YES YES YES YESRemarks

1110 Sanghi Industries Limited Status YES YES YES YESRemarks Nil Nil Nil Nil

1111 Sanghi Polyesters Limited Status YES YES YES YES

Non-executive directors are paid sitting fees within the limit prescribed.

The code of conduct duly approved by the Board, has been made applicable to the Board of Directors and Senior Management. The code of conduct has been posted on the website of the Company also. A declaration signed by the CMD to the effect that all Board members and senior management personnel have affirmed compliance with the code has been published in the Annual Report 2009-10. Compliance for FY 2010-11 will be complied in next Annual Report.

Presently, there are 5 Directors on the Board, comprising of 2 Promoters and Executive Directors, 1 Promoter and Non-Executive Director and 2 Independent and Non-Executive Directors.

Remarks

1112 Sanghvi Movers Limited Status YES YES YES YESRemarks

1113 Sanwaria Agro Oils Limited Status YES YES YES NORemarks


Remarks

1115 Saregama India Limited Status YES YES YES YESRemarks


Remarks



Sarda Energy & Minerals Limited

Sarla Performance Fibers Limited

Sasken Communication Technologies Limited

Remarks

1118 Sathavahana Ispat Limited Status YES YES YES YESRemarks


Remarks1120 SB&T International Limited Status YES YES YES YES

Remarks


Remarks -

1122 State Bank Of India Status YES NA YES YES

Forms part of Annual Report / AGM Notice as applicable.

The Annual Report 09-10 contains a declaration to this effect.

Satyam Computer Services Limited

State Bank Of Bikaner And Jaipur

As per SBI (SB) ACT, 1959.



Remarks

1123 State Bank Of Travancore Status YES YES YES YESRemarks


Remarks

1125 Seamec Limited Status YES YES YES YES

Sitting fee as per SBI Act, 1955 and/or GOI/RBI guidelines.

Governed by SBI (SB) Act 1959 & SBI (SB) Amendment Act 2006.

Governed by Subsidiary Banks General regulation, 1959.

Governed by Subsidiary Banks General regulation, 1959.

Shipping Corporation Of India Limited

Remarks Complied

1126 S.E. Investments Limited Status YES YES YES YESRemarks


Remarks


Remarks

1129 Sesa Goa Limited Status YES YES YES YESRemarks

The Company's Board comprises 6 Directors out of which 5 are Non-executive. The Chairman is a Non-Executive and Independent Director. Board comprises of two Independent Directors. The composition is complied.

Complied. Only sitting fees paid to Independent Directors.

Complied. The Board of Directors of the Company in its meeting held on 18th October, 2005 has formulated a code of conduct for Directors and Senior management. Annual compliance have been affirmed by Board members and Senior management.

Selan Exploration Technology Limited

Declaration as per Listing Agreement was given in the Annual Report of 2009-2010.

SEL Manufacturing Company Limited


Remarks

1131 Sezal Glass Limited Status YES YES YES YESRemarks


Remarks


Remarks1134 STL Global Limited Status YES YES YES YES

Remarks Complied Complied Complied Complied1135 Shah Alloys Limited Status YES YES YES YES

Remarks1136 Shri Shakti LPG Limited Status YES YES YES YES

Remarks Complied Complied Complied Complied

1137 Shalimar Paints Limited Status YES YES YES YESRemarks

1138 Shanthi Gears Limited Status YES YES YES YESRemarks

1139 Sharyans Resources Limited Status YES NA YES YESRemarks


Remarks

1141 Shilpa Medicare Limited Status YES YES YES YESRemarks


Seshasayee Paper and Boards Limited

Shree Ganesh Forgings Limited

Two Executive Directors. Two Independent Directors.

Only sitting fees is paid @ Rs. 2500/- per meeting (duly approved by Share holders in 29th Sept, 2005 AGM).

Shree Ganesh Jewellery House Limited

Shasun Pharmaceuticals Limited

At the time of AGM

Shiv-Vani Oil & Gas Exploration Services Limited

Remarks

1143 Shivam Autotech Limited Status NO YES YES YESRemarks

1144 Shiva Texyarn Limited Status YES YES YES YESRemarks

1145 Shri Lakshmi Cotsyn Limited Status YES YES YES YESRemarks

1146 Shopper's Stop Limited Status YES YES YES YES

The Company has not yet complied with the amended provision of SEBI Circular SEBI/CFD/DIL/CG/1/2008/08/04 dated Apr. 08, 2008. Company has appointed one additional independent non executive director on the Board in April, 2009 taking the total number of independent non executive directors to 4 out of the total of 10 directors.

No compensation is being paid to Non-executive Directors.

Remarks

1147 Shree Precoated Steels Limited Status YES YES YES YES

Remarks


Remarks

1149 Shree Cements Limited Status YES YES YES YES

The Board of Director of the company consists of ten members, one executive and Nine non-executive directors. The Company has Non Executive Promoter Chairman and the number of independent directors on the board is one half of the total strength, which is in compliance with the requirements of Clause 49 of the Listing Agreement.

All fees and commission being paid to Non Executive Directors are approved by the Board of Directors and shareholders of the Company..

The Company and its board members have complied with the provisions of clause 49 (IC) of the listing agreement.

The company has adopted the detailed code of conduct for its Board of Director and it's employees who are in the Manager's grade and above. The said Code has also been posted on website of the company. The necessary declaration in respect of compliance with this code of conduct by management personnel has been made as a part of the Annual Report for the financial year 2009-10 and the same will be ensured for the subsequent years as well.

Shree Ashtavinayak Cine Vision Limited

Remarks

1150 Shree Rama Multi-Tech Limited Status YES YES YES YES

Remarks NIL NIL NIL NIL1151 Shrenuj & Company Limited Status YES YES YES YES

Remarks

1152 Shreyans Industries Limited Status YES YES YES YESRemarks



Remarks

1155 Shriram EPC Limited Status YES YES YES YES

The Company has laid down the code and posted on the website of the Company. Declaration about the compliance of the same will be made in the 28th Annual Report of the Company.

Shreyas Shipping & Logistics Limited

Shriram City Union Finance Limited

Remarks

1156 Shyam Telecom Limited Status YES NA YES YESRemarks

1157 Sicagen India Limited Status YES YES YES YESRemarks

1158 Sical Logistics Limited Status YES YES YES YES

Out of 10 Directors 3 Executive Director and 7 Non-Executive Director. The present strength of the Board is Ten Directors. And has an optimum combination of Executive and Non-Executive Directors with 50% of the Board comprising of Non-Executive Directors. Chairman being Executive Director, 50% of the Board, comprises of Independent Directors The Company is planning to expand its Boards.

The Company does not pay any compensation to Non-Executive Independent Directors except sitting fees.

The Company is complying with the requirement of holding at least 4 Board Meetings in every year with a maximum gap of four months between 2 Meetings. None of the Director is a member of more than ten committees or acting as Chairman of more than five committees across all the companies in which he is Director. The Board periodically reviews compliance report of all laws applicable to the Company.

The company has a code of conduct for Board Members and Senior Management. All Board Members and Senior Management Personnel ensure compliance to the same and affirmed on annual basis. A declaration to this effect by the CEO is the part of the Annual Report. Code of Conduct is posted on the website of the Company.

Remarks

1159 Siemens Limited Status YES YES YES YESRemarks

1160 Standard Industries Limited Status YES YES YES YESRemarks

1161 SIL Investments Limited Status YES YES YES YESRemarks

1162 Simbhaoli Sugars Limited Status YES YES YES YESRemarks

1163 Simplex Projects Limited Status YES YES YES YESRemarks

1164 Simplex Infrastructures Limited Status YES YES YES YESRemarks

1165 Sintex Industries Limited Status YES YES YES YESRemarks

1166 The Sirpur Paper Mills Limited Status YES YES YES YESRemarks


Remarks

1168 Siyaram Silk Mills Limited Status YES YES YES YESRemarks

1169 SJVN Limited Status NO YES YES YES

Sita Shree Food Products Limited

Remarks

1170 SKF India Limited Status YES YES YES YESRemarks


Presently two Independent Directors short.

SKM Egg Products Export (India) Limited

Remarks

1172 SKS Microfinance Limited Status YES YES YES YESRemarks

1173 S. Kumars Nationwide Limited Status YES YES YES YESRemarks


Remarks

1175 SML Isuzu Limited Status YES YES YES YESRemarks

1176 Sujana Metal Products Limited Status YES YES YES YES

Old Clause-(a) The total number of directors are seven, out of which four directors are independents Directors. Revised clause-(b) As per the Clause 49 of the Listing Agreement, the Company has to appoint an Independent Director as Chairman represents the promoters. The Company could not appoint an Independent Director on or before December 31, 2010.

The Company has already been complying with the disclosures in the past 4 annual reports. The Company will make necessary disclosures in the Annual Report for the year ended March 31, 2011.

(1) One Board Meeting was convened during this quarter. (2) The time gap between any two Board Meetings is less than four months.(3) The minimum information made available to the Board is as given in the Annexure IA to Clause 49 of the Listing Agreement.(4) No Director is a member of more than ten committees or acting as chairman of more than five compnies in which he is a director. All directors have informed the Company about the committee position they occupy in other companies. (5) The Board periodically reviews the

The Company has adopted a Code of Conduct for Directors and Senior Management Team. It has also been posted on the website of the Company.

Smartlink Network Systems Limited

Remarks

1177 SMS Pharmaceuticals Limited Status YES YES YES YESRemarks

1178 Sobha Developers Limited Status YES YES YES YESRemarks


Remarks NA NA NA NA

1180 Solar Industries India Limited Status YES YES YES YESRemarks

1181 Somany Ceramics Limited Status YES YES YES YESRemarks



Remarks1184 Sonata Software Limited Status YES YES YES YES

Remarks1185 Savita Oil Technologies Limited Status YES YES YES YES

Remarks

1186 The South Indian Bank Limited Status YES YES YES YESRemarks

Software Technology Group International Limited

Soma Textiles & Industries Limited

Sona Koyo Steering Systems Limited

1187 Spanco Limited Status YES YES YES YESRemarks


Remarks

1189 Spectacle Infotek Limited Status YES YES YES YESRemarks

1190 Spentex Industries Limited Status YES YES YES YESRemarks


Remarks

1192 Spice Mobility Limited Status YES YES YES YESRemarks

1193 SPL Industries Limited Status YES YES YES YESRemarks Complied with Complied

1194 SPML Infra Limited Status NO YES YES YESRemarks


Will be complied in the Annual Report 2010-11.

Sun Pharma Advanced Research Company Limited

Included in Annual Report for the year 2009-2010.

Southern Petrochemicals Industries Corporation Limited

Available on the website of the Company.

Executive Directors 50%, Non Executive Directors/ Independent Directors 50%.

Non Executive Directors are entitled to Sitting fees only Adequate disclosure made.

One independent Director will be inducted at the next Board Meeting.

No Compensation (other than siting fees) is paid to the Non-Executive Directors.

SREI Infrastructure Finance Limited

Remarks

1196 SRF Limited Status YES YES YES YESRemarks

1197 SRG Infotec (India) Limited Status YES YES YES YESRemarks

1198 SRHHL Industries Limited Status YES YES YES YESRemarks



The present composition of the Board does not satisfy the conditions mentioned in Clause A(ii) due to resignation of one Independent Non-Executive Director w.e.f. August 09, 2010. However, the Company is taking necessary actions for appointing new Independent Non-Executive Director within the stipulated time period of 180 days as mentioned in explanation c (iv).

The Non-Executive Directors do not get any compensation except sitting fees for attending the Board / Board committee Meetings and annual commission on net profits.

Srei's Board meets atleast 4 times a year. All the Directors of the Board comply with Clause C (ii).

Srei has already put in place a code of conduct for Directors & Senior Management Personnel.

Sree Rayalaseema Hi-Strength Hypo Limited

Shriram Transport Finance Company Limited

Remarks

1201 Steel Strips Wheels Limited Status YES YES YES YESRemarks

1202 Strides Arcolab Limited Status YES YES YES YESRemarks Nil Nil Nil Nil

1203 Star Paper Mills Limited Status YES YES YES YESRemarks


Remarks

1205 Steel Tubes Of India Limited Status YES YES YES YES

The State Trading Corporation of India Limited

Government (Ministry of Commerce) has appointed two independent Directors and appointment of another six is under active consideration of the Government since they are to appoint independent Directors.

Non-executive Directors are not being paid. Independent directors are being paid Rs.10000/- for attending each meeting of Board of Directors/ Audit Committee of Directors.

Remarks


Remarks1207 Sterling Biotech Limited Status YES NA YES YES

Remarks

1208 Sterling Tools Limited Status YES YES YES YESRemarks

1209 STI India Limited Status YES YES YES YES

The Board has a Non- Executive Chairman and the Board consists of all the three Independent and Non Executive Directors. There is no Promoter Director on the Board of the Company.

Adequate disclosure has been provided in the Annual Report of the Company for the year 2009-10 and will be complied with in the next Annual Report for the year 2010-11 also.

Full details of the Board and Committees given in the Annual Report 2009-10 and will be complied with in the next Annual Report for the year 2010-11 also.

The Company is complying with Code of Conduct. No employee and Directort is dealing in any Shares of the Company.

Sterlite Industries ( India ) Limited

Comprises 3 Executive and 3 Non-executive / Independent Directors.

No compensation except the sitting fees is paid to Non-executive directors.

Remarks

1210 Store One Retail India Limited Status YES NA YES YESRemarks

1211 Sterlite Technologies Limited Status YES YES YES YESRemarks


Remarks

The Chairman is Non-Executive and 5/10th Directors of the Board are independent and 9/10th Directors are Non-Executives including the special Director appointed by the Hon'ble BIFR /s 16(4) of the SICA.

No compensation is being paid to Non-Executive Directors except sitting fees. Adequate disclosures has been provided in the Annual Report of the Company for the year 2009-10 and this will be complied with in the next Annual Report for the year 2010-11 also.

Full details of the Board and Committees given in the Annual Report 2009-10 and this will be complied with in the next Annual Report for the year 2010-11 also.

The Company has adopted the Code of Conduct.

None of the non-executive directors is paid any fee / compensation.


International Constructions Limited

1213 Subex Limited Status YES YES YES YESRemarks

1214 Subros Limited Status YES YES YES YESRemarks


Remarks

1216 Sujana Tower Limited Status YES YES YES YES

Sudarshan Chemical Industries Limited

Non Executive Directors are paid Sitting Fees for attending Board meetings and committee meetings. In addition to sitting fees, Mr. S. N. Inamdar - Non Executive Director is also paid professional fees for services rendered.

Complied for the Financial Year ended March 31, 2010.

Remarks


Remarks

1218 Sumeet Industries Limited Status YES YES YES YESRemarks

1219 Sundaram Clayton Limited Status YES NA YES YESRemarks

1220 Sundaram Multi Pap Limited Status YES YES YES YES

Sujana Universal Industries Limited

Remarks

1221 Sundaram Finance Limited Status YES YES YES YESRemarks


Remarks

1223 Sundram Fasteners Limited Status YES YES YES YESRemarks


Remarks

1225 Sunil Hitech Engineers Limited Status YES YES YES YESRemarks


Remarks1227 Sunteck Realty Limited Status YES YES YES YES

Remarks

The Board comprised Six Directors, in which three directors are Independent.

No sitting fee / Remuneration are being paid to Non-Executive Directors

Sundaram Brake Linings Limited

The Board of Directors decides the remuneration to directors, including to the executive directors. However, approval of the shareholders is being sought as and when the need arises.

Will be ensured for compliance.

Annual Report for the year ended 31st March 2010 contains the Declaration by CEO and will be ensured for compliance for future years.

Sunflag Iron And Steel Company Limited

To be a part of Annual Report 2010-11.

Sun Pharmaceuticals Industries Limited

1228 Sun TV Network Limited Status YES YES YES YESRemarks


Remarks N.A. N.A.

1230 Super Spinning Mills Limited Status YES YES YES YESRemarks

1231 Supreme Petrochem Limited Status YES YES YES YESRemarks

1232 Suprajit Engineering Limited Status YES YES YES YESRemarks

1233 Supreme Industries Limited Status YES YES YES YESRemarks


Super Forgings & Steels Limited

No fee/Comm. is being paid.

Posted on the Co. website.


Supreme Infrastructure India Limited

Remarks

1235 Supreme Tex Mart Limited Status YES YES YES YESRemarks


Remarks

1237 Surana Corporation Limited Status YES YES YES YESRemarks

1238 Surana Industries Limited Status YES YES YES YESRemarks


The Board comprises of Nine Directors, in which Five Directors are Independent.

There are Five Independent Direct on the Board and they are Non Executive Directors and Except sitting fee, no fees have been paid to Independent Directors.

Su-Raj Diamonds and Jewellery Limited

Declaration will be made in Annual Report 2010-2011.

Surana Telecom and Power Limited

Remarks



Remarks1242 Surya Pharmaceutical Limited Status YES YES YES YES

Remarks1243 Surya Roshni Limited Status YES YES YES YES

Remarks


Remarks1245 Suven Life Sciences Limited Status YES YES YES YES

Remarks1246 Suzlon Energy Limited Status YES YES YES YES

Remarks1247 Swaraj Engines Limited Status YES YES YES YES

Remarks1248 Syncom Healthcare Limited Status YES YES YES YES

Remarks

1249 Syndicate Bank Status YES YES YES YES

Due to sudden Demise of Shri. M.V.Jeshwanth Rao, Independent Director of the Company on 12th September, 2010. this clause needs to be complied with. The Board has initiated steps to identify an Independent Director and shall inform the exchange immediately on complying with the same.

Suryajyoti Spinning Mills Limited

Suryalakshmi Cotton Mills Limited

Sutlej Textiles and Industries Limited

Remarks


Remarks


Remarks

1252 Take Solutions Limited Status YES YES YES YES

Complied with. The Board of the Bank is constituted in terms of Section 9(3) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980. Govt. of India is the promoter of the Bank. The same comprises of directors appointed by a) Government of India b) appointed by Government of India on the recommendations of Reserve Bank of India (RBI) c) nominated by Government of India and d) elected by Shareholders of the Bank other than the Central Government. As on 31.12.2010, the Board of

Complied with. No payment except sitting fees as prescribed by Government of India is made to the non-executive directors.

Complied with. As already stated, the Board of the Bank is constitued in terms of section 9 (3) of the Banking Companies (Acquisition and transfer of Undertaking) Act 1970/ 1980.

A detailed code of conduct under clause 49 duly signed by all members of the Board and senior management has been placed on the website of the Bank. All the Board members and senior management personnel have affirmed compliance with the code of conduct during the year. The same is placed on the web site of the Bank.

Tainwala Chemical and Plastic (I) Limited

Non-Executive Directors are only paid sitting fees for attending meetings. Sitting fees are within the limits prescribed under the Companies Act,1956.

Taj GVK Hotels & Resorts Limited

Will be Complied with in the next Annual Report.

Remarks


Remarks


Remarks

1255 Tanla Solutions Limited Status NO YES YES YES

Independent Directors were paid sitting fees in accordence with provisions of the Companies Act 1956. Non executive promoter Directors are being paid a remuneration of Rs 24 lakhs p.a each for the Financial year 2010-11 with the approval of the Central Government.

Talbros Automotive Components Limited

The Company has 2 (Two) Executive Directors, 2 (Two) Non-Executive, Non-Independent and 5 (Five) Non-Executive & Independent Directors.

Non-Executive & Independent Directors are paid only sitting fees.

During the Quarter ended 31.12.2010, 1(one) Board Meeting was held.

Talwalkars Better Value Fitness Limited

Except sitting fees no other compensation is paid to any Independent Directors. Sitting fees paid to independent directors have been approved by share holders. No stock option are given to Non Executive Directors.

No Independent Director has resigned till date.

Remarks

1256 Tantia Constructions Limited Status YES YES YES YESRemarks

1257 Tarapur Transformers Limited Status YES YES YES YESRemarks

1258 Tata Chemicals Limited Status YES YES YES YESRemarks

1259 Tata Coffee Limited Status YES YES YES YESRemarks

1260 Tata Communications Limited Status YES YES YES YESRemarks

1261 Tata Elxsi Limited Status YES YES YES YESRemarks

1262 Tata Global Beverages Limited Status YES YES YES YES

Mr. V. Harish Kumar, Independent Director has resigned from the Board w.e.f. January 28, 2010 and the Company is yet to appoint a new Independent Director.






Remarks


Remarks

1264 Tata Metaliks Limited Status YES YES YES YES

The Company has complied with the requirement that 50% of the strength of the Board should consists of independent directors.

Non-executive directors are paid sitting fees within the limit prescribed in Companies (Central Government's) General Rules and Forms and the commission paid to them has been approved by the shareholders.

The Board has reviewed periodically the status of legal compliances and steps taken to rectify instances of non-compliance.

Tata Code of Conduct applies to all Managing / Executive Directors and employees. A condensed version of the code of Conduct applicable to non-executive directors has also been adopted by the Board. Both the codes have been posted on the website of the company. Affirmation of compliance has been obtained from all board members and senior management personnel based on which the declaration by the Managing Director is included in the Annual Report.

Tata Investment Corporation Limited

Remarks

1265 Tata Motors Limited Status YES YES YES YESRemarks

1266 Tata Power Company Limited Status YES YES YES YESRemarks

1267 Tata Sponge Iron Limited Status YES YES YES YESRemarks

1268 Tata Steel Limited Status YES YES YES YESRemarks Nil Nil Nil Nil


Remarks1270 Tci Finance Limited Status YES YES YES YES

Remarks


Remarks

Total strength of the Board is - 8. Chairman is a Non-executive Director(but not Independent) and no. of Independents Directors are - 4.

Apart from receiving sitting fees, Independent Directors do not have any material pecuniary relationships or transactions with the Company, subsidiaries or associated Companies. Commission paid to Non-executive Directors is calculated with reference to Net Profits of the Company in a particular financial year and is determined by the BOD at the end of the financial year on the recommendation of Remuneration Committee subject to annual ceiling stipulated in Section 198 and 309 of the Companies

Transport Corporation of India Limited

Tata Consultancy Services Limited

1272 Tech Mahindra Limited Status YES YES YES YESRemarks


Remarks

1274 Technofab Engineering Limited Status YES YES YES YES

Remarks


Techno Electric & Engineering Company Limited

Non-executive director of the Company do not receive any compensation apart from sitting fee for attending Board / Committee Meetings.

The Code of Conduct has been approved by the Board in Board Meeting dated 01.11.2010. and it is in the process of being uploaded at the website of the company.

TECIL Chemicals and Hydro Power Limited

Remarks

1276 Tecpro Systems Limited Status YES YES YES YESRemarks

1277 Teledata Informatics Limited Status YES YES YES YESRemarks


Remarks

1279 Texmaco Limited Status YES YES YES YESRemarks


Remarks


Remarks1282 Transwarranty Finance Limited Status YES YES YES YES

Remarks

1283 Thangamayil Jewellery Limited Status YES YES YES YESRemarks

1284 Themis Medicare Limited Status YES YES YES YES

Optimum Combination of Executive, Non-Executive and Independent Directors in Board. The Chairman of the Board is Executive Promoter Director. The no. of Non- Executive Independent Directors is more than 50 % of the total strength of the Board. The Independent Directors fulfill their criterion as prescribed in Clause 49 I (iii) of the Listing Agreement.

Duly disclosed in the Annual Report.

Provisions complied. Maximum time gap is not more than four months between 2 Board Meetings.

Duly complied with

Will be included in the next Annual Report.

Teledata Technology Solutions Limited

Texmo Pipes and Products Limited

Tourism Finance Corporation of India Limited

Complied with Annual Report.

Remarks

1285 Thermax Limited Status YES YES YES YESRemarks


Remarks

1287 Thiru Arooran Sugars Limited Status YES YES YES YESRemarks

1288 Thomas Cook (India) Limited Status YES YES YES YES

Thinksoft Global Services Limited

Remarks

1289 Tilaknagar Industries Limited Status YES YES YES YESRemarks

1290 Status YES - YES YES

Remarks


The Meeting of Board of Directors of the Company was held on 22nd October 2010 inter alia to consider and approve the Unaudited Financial Results for the third quarter ended 30th September 2010 Mr. Rakshit Desai, was re-appointed as Executive Director - Travel Services, w.e.f. 25th November 2010 upto 24th November 2011 vide circular resolution of Board of Directors dated 24th November 2010; Mr. M K. Sharma, Director, was appointed as Non-Executive Chairman at the Company

Tide Water Oil Company (India) Limited

Complied in the Annual Report.

Technocraft Industries (India) Limited

Remarks

1292 TIL Limited Status YES YES YES YESRemarks

1293 Times Guaranty Limited Status YES YES YES YESRemarks

1294 Time Technoplast Limited Status YES YES YES YES

Not less than 50% of Board comprises of Non-Executive Independent Directors.

Non executive director received sitting fee only within the powers of Board.

Meeting of the Board of Director held as per the listing agreement and none of the Director is member in more than 10 committee and Chairman of more than 5 Companies.

Statement of Code of Conduct has been approved by the Board of Directors in their Meeting held on 20th April, 2007.

Remarks

1295 Timken India Limited Status YES YES YES YESRemarks


Remarks1297 TIPS Industries Limited Status YES YES YES YES

Remarks

1298 Thirumalai Chemicals Limited Status YES YES YES YESRemarks

1299 Titan Industries Limited Status YES YES YES YESRemarks



Remarks


Remarks


Non-Executive Directors are paid only Sitting fees for attending meetings. Sitting fees are within the limits prescribed under the Companies Act, 1956.

The Tinplate Company of India Limited

The Company has on its Boards, Six Independent Directors out of the total strength of twelve Directors.

Tamilnadu PetroProducts Limited

Tamil Nadu Newsprint & Papers Limited

Tamilnadu Telecommunication Limited

Sitting fees to Special Director appointed by BIFR.

Todays Writing Products Limited

Remarks



Remarks

1306 Torrent Power Limited Status YES YES YES YESRemarks

1307 Trent Limited Status YES YES YES YESRemarks

1308 TRF Limited Status YES YES YES YESRemarks Complied with.

1309 Tricom India Limited Status YES YES YES YESRemarks

1310 Trigyn Technologies Limited Status YES YES YES YESRemarks


Remarks


The effort is continuing to find the right person for being inducted on the Board as Independent Director.

Tokyo Plast International Limited

Torrent Pharmaceuticals Limited

Affirmation made for 2009-10 in Annual Report. Affirmation will be made in the Annual Report for 2010-11.

Affirmation forms part of Annual Report of 2009-10.

Compliances are met and shall be met on a continuous basis.



Transformers And Rectifiers (India) Limited

Triveni Engineering & Industries Limited

Remarks

1313 TTK Prestige Limited Status YES YES YES YESRemarks

1314 T T Limited Status YES YES YES YESRemarks



Remarks1317 Tulip Telecom Limited Status YES YES YES YES

Remarks

1318 Tulsi Extrusions Limited Status YES YES YES YESRemarks


Tata Teleservices (Maharashtra) Limited

Tube Investments of India Limited

The Company has paid compensation to the Non-executive Directors as per the approval granted by Central Government.


Total 6- Directors out of which, 2- Executive Director, 4-Non Executive Independent Director, Chairman of the Meeting - Non executive Independent Director.

Only sitting fees.

The Board meets at least once in every quarter. None of the Directors are member of 10 committees or act as chairman of more than 5 committees.

The Code of conduct has been complied in true spirit.

Television Eighteen India Limited

Remarks

1320 TVS Electronics Limited Status YES YES YES YESRemarks

1321 TVS Motor Company Limited Status YES YES YES YESRemarks

1322 TVS Srichakra Limited Status YES YES YES YESRemarks

1323 TV Today Network Limited Status YES NA YES YESRemarks

1324 Twilight Litaka Pharma Limited Status YES YES YES YESRemarks

1325 Titagarh Wagons Limited Status YES YES YES YES

Presently the Company is not paying any remuneration / Compensation to any non-executive Director, except sitting fees within the limits as prescribed under Companies Act, 1956.

The declaration forms part of Annual Report for the Financial year ended March 31,2010.

Complied as and when applicable.

The company's board consist of 7 Directors on the board, out of which, 5 directors are non - executive directors.

Only sitting fees is paid to Non-executive Directors within the prescribed limit under Companies Act, 1956.

Annexure IA, wherever applicable, is being complied with.

Remarks

1326 UB Engineering Limited Status YES YES YES YESRemarks


Remarks

1328 United Breweries Limited Status YES YES YES YESRemarks

1329 Ucal Fuel Systems Limited Status YES YES YES YESRemarks

1330 UCO Bank Status NA NA YES YES

United Breweries (Holdings) Limited

The no. of Independent Directors on the Board is 5 out of the total of 9 Directors. hence in compliance with clause 49 (IA).

Disclosed in the Annual Report for the year 2010.

Adopted and displayed on Website.

Adopted and displayed on website.

Remarks

1331 UFLEX Limited Status YES NA YES YESRemarks

1332 The Ugar Sugar Works Limited Status YES YES YES YESRemarks

1333 UltraTech Cement Limited Status YES YES YES YESRemarks


Being a Listed Public Sector Bank the composition of board of directors is prescribed by the Banking companies (Acquisition & Transfer of Undertakings) Act, 1970, read with the Directives of Reserve Bank of India.

The fees/compensation paid/ payable to the Non-Executive Directors on the Board are governed by the guidelines issued by the Ministry of Finance, Govt. of India.

Only entitled for sitting fees.

Usha Martin Education & Solutions Limited

Remarks

1335 Unichem Laboratories Limited Status YES YES YES YESRemarks

1336 Uniphos Enterprises Limited Status YES YES YES YESRemarks

1337 Union Bank of India Status YES YES YES YESRemarks

1338 United Phosphorus Limited Status YES YES YES YESRemarks

1339 Uniply Industries Limited Status YES YES YES YES

An Optimum combinations of executive and non executive directors is present on the Board. The Chairman of the Board is Non Executive Director.

All fees and compensation to non executive directors are disclosed in the Report of the Corporate Governance. Previous approval of the shareholders was obtained.

The Board meets at least four times a year. The minimum information as mentioned in Annexure -1A are made available to the Board. The directors are not members of more than 10 committees or act as chairman of more than 5 committees across all companies in which he is a director. The Directors submit annual declaration to the company about committees where he occupies postions in committee of other companies. Periodic Compliance reports are tabled before the Board and the same are

Code of Conduct for Board and senior management personnel was formulated and circulated.

The Composition of Board of Directors of Bank is governed by provisions of Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.

Remuneration of non-Executive Directors is fixed according to Government of India Guidelines.

The Board has approved the Code of Conduct and all the Directors and senior management have executed the same. The Code of Conduct has also been posted on bank's website www.unionbankofindia.co.in

Remarks

1340 Unitech Limited Status YES YES YES YESRemarks

1341 United Bank of India Status YES YES YES YESRemarks

1342 Unity Infraprojects Limited Status YES YES YES YESRemarks

1343 Universal Cables Limited Status YES YES YES YESRemarks


Duly composed

Incorporated annually in the Annual Report of the Company.


Incorporated annually in the Annual Report of the Company as well as in the company's website.

Ministry of Finance vide its notification F.No.9/1/2006-BO.I dated October 6, 2010nominated Sri Srenik Sett as Part-time Non- official Director of the Bank for a period of three years or until further order whichever is earlier. At the Extra Ordinary General Meeting of the Bank held on 26th November 2010, the shareholders of the Bank other than the Central Government elected Sri. Saumen Majumder on the Board of the Bank as the Shareholder Director pursuant to the provision of Section 9(3)(i)

The non-executive Directors of the Bank are appointed / nominated by the Government of India as per the terms and Conditions set out by the Central Government. As per the said terms & Conditions the non-executive directors are entitle to Sitting fees for attending meeting and reimbursement of travelling and halting expenses.

The directors and the top management of the Bank are governed by Code of Conduct as prescribed under Clasue 49.

Will be complied with at the next Annual General Meeting (Annual Report)

Upper Ganges Sugar & Industries Limited

Remarks

1345 Usha Martin Limited Status YES YES YES YESRemarks

1346 Usher Agro Limited Status YES YES YES YES

An optimum combination of executive and non-executive directors are there. the Chairman of the Board is a Non-executive Promoter Director. Independent Directors comprises 1/2 of the total strength of the Board.

All fees and compensation to non-executive directors are disclosed in the Report of the Corporate Governance.

Board meets at least four times a year. The minimum information as mentioned in Annexure- 1A are being made available to the board. The directors on the Board are not members of more than 10 committees or act as chairman of more than 5 committees across all companies in which he is a director. Directors submit annual declaration to the company. Compliance reports are being placed to the Board and noted by the Directors.

Code of conduct for the Board of Directors and Senior management executives formulated and circulated.

Remarks

1347 Uttam Galva Steels Limited Status YES YES YES YESRemarks

1348 Uttam Sugar Mills Limited Status YES YES YES YESRemarks


Remarks

1350 Vaibhav Gems Limited Status YES YES YES YESRemarks

1351 Vakrangee Softwares Limited Status YES YES YES YESRemarks

1352 Valecha Engineering Limited Status YES YES YES YESRemarks

1353 Value Industries Limited Status YES YES YES YES





UTV Software Communications Limited

Remarks

1354 Vardhman Acrylics Limited Status YES YES YES YESRemarks

1355 Vardhman Polytex Limited Status YES YES YES YESRemarks

1356 Varun Industries Limited Status YES YES YES YESRemarks


The Non-Executive Directors are not entitled to any remuneration and are paid sitting fees only.

The Code of Conduct has been implemented. A declaration to this effect signed by the Head operations and also by Company Secretary of the Company forms part of Corporate Governance Report for the Financial Year ended on 30th September, 2009. A declaration to this effect signed by the Head operations and also by Company Secretary of the Company shall forms part of Corporate Governance Report for the accounting year ending on 31st December, 2010.

The Company is not paying any remuneration to the Non Executive to the part time Directors except sitting fees which is duly approved by the Board of Directors & shareholders.

Displayed on the website of the company.

Varun Shipping Company Limited

Remarks

1358 Vascon Engineers Limited Status YES YES YES YESRemarks

1359 Vatsa Corporations Limited Status YES YES YES YESRemarks

1360 Vatsa Music Limited Status YES YES YES YESRemarks

1361 Venky's (India) Limited Status YES YES YES YESRemarks

1362 Venus Remedies Limited Status YES YES YES YESRemarks

1363 Vesuvius India Limited Status YES YES YES YESRemarks

1364 V-Guard Industries Limited Status YES YES YES YES

The declaration by the CEO of the company affirming compliance by all Board members and senior management personnel with the Code was included in the Annual Report of the company for the year ended 31st March, 2010 which was duly adopted by the Shareholders at the Annual General Meeting held on 4th August, 2010.

Only Sitting fees are paid to Non-Executive Directors.

Remarks

1365 Vardhman Holdings Limited Status YES YES YES YESRemarks

1366 Viceroy Hotels Limited Status YES YES YES YESRemarks

1367 Videocon Industries Limited Status YES YES YES YES

The present Board of the company consists of 6 directors, of which three are independent directors. The chairman of the Board is an Independent Director.

The non Executive Directors of the Company are paid sitting fees, which is duly approved by the Board of Directors of the Company and the same is within the limits specified in Rule 10-B of Companies (Central Government) General Rules & Forms, 1956. The shareholders at their 14th Annual General Meeting held on 26th July 2010 ratified the proposal of paying commission to Mr. P.G.R. Prasad, an Independent director, presently, occupying the position of the Chairman of the Board for a period of 5 years

The Directors of the company meet periodically and are reporting their directorship in various committees and changes therein if any immediately to the Company.

The company has laid down the code of conduct for all the Board members and senior management of the company and the same is also posted on the website of the company. A declaration of the same is obtained from the M.D. & is included in the Annual Report for the year 2009-10.

Remarks

1368 Vijaya Bank Status YES YES YES YES

The Non-Executive Directors are not entitled to any remuneration and are paid sitting fees only.

The Code of Conduct has been implemented. A declaration to this effect signed by the Chairman & Managing Director of the Company form part of Corporate Governance Report for the Financial year ended on 30th September 2009. A similar declaration to this effect shall form part of Corporate Governance Report for the Accounting year ending on 31st December, 2010.

Remarks Complied Complied Complied Complied

1369 Vijay Shanthi Builders Limited Status YES YES YES YESRemarks

1370 Vikash Metal & Power Limited Status YES YES YES YESRemarks

1371 Vimta Labs Limited Status YES YES YES YESRemarks

1372 Vinati Organics Limited Status YES YES YES YESRemarks


Non-Executive Directors not paid any compensation.

Has been certified in the Annual Report for 2009-2010.

Vintage Cards & Creations Limited

Remarks

1374 Vindhya Telelinks Limited Status YES YES YES YESRemarks

1375 Vinyl Chemicals (India) Limited Status YES YES YES YESRemarks

1376 VIP Industries Limited Status YES YES YES YESRemarks

1377 Visaka Industries Limited Status YES YES YES YESRemarks

1378 Visa Steel Limited Status YES YES YES YES

The Board of Directors of the Company has optimum combination of executive and non-executive Directors which comprises of one Managing Director, One whole time director and Four Independent & Non-Executive Directors. Mr. Rajesh Vaishnav is the Managing Director of the Company. The Chairman of the board meeting is the Managing Director (an Executive Director). Four Directors out of total Six are independent Directors. The position stated is as of 31.12.2010. The Board met once in the quarter on 14th November

No compensation was paid to the Non Executive Directors. No stock option has been granted to the Non executive Directors. MD's appointment has been made with the concent of the members. Whole time Directors has been appointed w e f 16 june, 2008, by the Board concent of the members has been obtained in the Annual General Meeting held on 29/11/2008. Approval of the Central Government has been received for payment of remuneration to Mr Nitin Naik,Whole Time Director.

The Board met once in the quarter on August 14, 2010. Board has been provided with adequate information at the meeting. Neither of the Directors is a member is more than 10 committees nor acting as a chairman in more than 5 committees. Board periodically reviewed all Compliance reports.

The board has laid down the code of conduct for all the Board members and senior management of the Company. The code of conduct can also be viewed on company website www.vintagegreetingsindia.com

49 (ID) (ii) complied in the Annual Report of F.Y.2009-10.

Remarks

1379 Visesh Infotecnics Limited Status YES YES YES YES

Mr. Arvind Pande, Independent Director had expressed had retired at the conclusion of the 14th Annual General Meeting on 17th August 2010. Steps are being taken to induct an Independent Director to ensure that the number of Independent Directors on the Board is in compliance with the requirement of clause 49 of the Listing Agreement.

All Board members and senior management personnel had affirmed compliance and the declaration by CEO formed part of the Annual report 2009-10.

Remarks

1380 Vishal Retail Limited Status YES YES YES YESRemarks NA N.A. N.A.

1381 Visu International Limited Status YES NA YES YES

The Board of the Company consists of 6 Directors and 5 of them are Non-Executive directors. The Company has a Non-Executive Chairman and 4 Independent Director.

Non-Executive Directors of the company voluntarily agreed not to take any sitting fees / remuneration.

The Board of Directors of the Company meets four times a year at the minimum and the required information is placed before them. Furthermore, adequate disclosures are made by the directors about the Commiffee positions they occupy in other Companies and the same is notified to the Company immediately

The Board has laid down and implemented a code of conduct for all Board members and senior management personnel of the Company.

Disclosed in the Annual Report for the year ended March 31, 2010. Further Mr. Shunil Tripathi has been appointed as Non-Executive Director w.e.f. Oct 20, 2010.

Remarks

1382 Vital Communications Limited Status YES NA YES YESRemarks

1383 Vivimed Labs Limited Status YES YES YES YESRemarks

1384 VLS Finance Limited Status YES YES YES YESRemarks

1385 Voltamp Transformers Limited Status YES YES YES YESRemarks

1386 Voltas Limited Status YES YES YES YESRemarks

1387 VST Industries Limited Status YES YES YES YES

Composition is as per the provisions of Clause 49(IA) read with the Companies Act, 1956.

No Fees / Compensation paid to Non executive directors, including independent Directors.

Board meetings, memberships or Chairman in committees and the information to be furnished before board meetings are as per the provisions of Clause 49(IC) read with the Companies Act, 1956.

Code of conduct has been laid down by the board as per the provisions of Clause 49(ID) read with the provisions of Companies Act, 1956.

NO COMPENSATION PAID TO THE DIRECTORS

Composition is as per the provisions of Clause 49 (IA) read with the companies Act, 1956.

No Fees/ compensation paid to Non executive Directors, including Independent Director other than sitting fees within limits prescribed under companies Act 1956.

Board Meetings, membership or Chairman in committees and the information to be furnished before board meetings are as per the provisions of Clause 49 (IC) read with the Companies Act, 1956.

Code of Conduct has been laid down by the board as per the provisions of Clause 49 (ID) read with the provisions of Companies Act, 1956.

Remarks

1388 Vardhman Textiles Limited Status YES YES YES YESRemarks

1389 VA Tech Wabag Limited Status YES YES YES YESRemarks

1390 WABCO-TVS (INDIA) Limited Status YES YES YES YESRemarks


The Board has proposed payment of commission to non-executive independent directors effective April 01, 2011. This has been approved by special resolution by the share-holders by postal ballot process and result have been declared on December 21, 2010 and intimated to stock exchanges on December 21, 2010.

Walchandnagar Industries Limited

Remarks

1392 Wanbury Limited Status YES YES YES YESRemarks


Remarks N.A. N.A. N.A.

1394 Weizmann Limited Status YES YES YES YESRemarks

1395 Welspun Corp Limited Status YES YES YES YESRemarks


Remarks

1397 Welspun Projects Limited Status YES YES YES YESRemarks NIL NIL NIL NIL

1398 Welspun India Limited Status YES YES YES YES

Chairman of the Company is non-executive Chairman. The Board comprises of 10 directors, out of which 2 executive & 8 non-executive. 6 Directors on the Board are independent.

Websol Energy Systems Limited

Displayed on the Website

The company has optimum combination of Executive and non-executive directors with not less than 50% being independent and non-executive.

None of the Non executive directors are receiving remuneration other than sitting fees.

Welspun Investments and Commercials Limited

Remarks

1399 Wendt (India) Limited Status YES NA YES YESRemarks

1400 Wheels India Limited Status YES YES YES YESRemarks

1401 Whirlpool of India Limited Status YES YES YES YES

The Company has four Independent Director and four Non-independent Director .

None of the Non-executive Directors are receiving remuneration other than sitting fees.

The Board meets, at least four times in a year. No director is a member of more than Ten committees or act as Chairman of more than five committees across all companies in which he is a director.

The Board of Directors has laid down the code of conduct for all Board members and senior management of the company. The code of conduct has been posted on the website of the company www.welspun.com .The Board members and senior management personnel are abiding the code.

No compensation paid to Non Executive Director(s) other than sitting fee.

Remarks


Remarks

1403 Windsor Machines Limited Status YES YES YES YESRemarks

1404 Winsome Yarns Limited Status YES YES YES YESRemarks

1405 Wipro Limited Status YES YES YES YES

Company has an Executive chairman and out of 6 Directors;3 Directors are Independent non Executive.

Non Executive Directors are not paid any remuneration by the company except the sitting fees to the Independent Directors only.

During the quarter one Board meeting was held 28.10.2010.

Declaration by Managing Director placed in the Annual report for the approval by shareholders in the 49th AGM of the company to be held on 19.07.2010

Williamson Magor & Company Limited

Remarks

1406 Wockhardt Limited Status YES YES YES YESRemarks

1407 W S Industries (I) Limited Status YES YES YES YES

Four Executive Director and Eight Non Executive Directors. As above; our Executive Chairman is a promoter director and more than half of the Board of Directors consists of Independent Directors. Criteria satisfied; Company also takes an annual declaration from the independent directors to this effect.

Prior approval of the shareholders obtained in July 2006 for payment of remuneration by way of commission for a further period of five years at the Annual General Meeting held on July 18, 2006 which is effective from April 1, 2007 for five years.

The Board met four times during 2009-10 and the gap between any two Board Meetings did not exceed four months. for Q2 2010-2011the Board Meeting was held on October 21-22, 2010. For Q3 2010-11 Board meeting is scheduled to be held on January 19-21 , 2011. The requirement is complied with the Corporate Governance Report annexed to the directors' Report for the year 2009-10 contains a statement to this effect. Disclosure regarding the committee membership and other directorship are obtained from all the

Declarations received from all the Board members and Senior Management personnel of the Company placed before the Board at its meeting held on April 22-23, 2010 and declaration of CEO is forming part of the Annual Report for the financial year 2009-10.

Remarks

1408 West Coast Paper Mills Limited Status YES YES YES YES

Remarks


Remarks

1410 Wyeth Limited Status YES YES YES YESRemarks

1411 XL Energy Limited Status YES NA YES YESRemarks

1412 Xpro India Limited Status YES YES YES YESRemarks

1413 Yes Bank Limited Status YES YES YES YES

Wire and Wireless (India) Limited

Remarks

1414 Zandu Realty Limited Status YES YES YES YESRemarks


Remarks

1416 Zee Learn Limited Status YES YES YES YESRemarks

1417 Zee News Limited Status YES YES YES YES

Affirmation/ declaration by the MD & CEO with respect to the compliance with the Code of Conduct and Ethics for the financial year 2010-2011will form part of Annual report for the financial year 2010-11

Zee Entertainment Enterprises Limited

Remarks

1418 Zenith Birla (India) Limited Status YES YES YES YESRemarks

1419 Zenith Computers Limited Status YES YES YES YESRemarks

1420 Zenith Exports Limited Status YES YES YES YESRemarks Complied Complied Complied Complied

1421 Zenith Infotech Limited Status YES YES YES YESRemarks

1422 Zensar Technologies Limited Status YES YES YES YESRemarks

The Company does not pay any remuneration to its Non-Executive Directors, except for sitting fees for attending Board and Committee Meetings.

Three out of Five Directors are independent.

Will be disclosed in the Annual Report for the year 2010-11.

All the provisions have been complied with.

The Board approved the Code of Conduct in January 2004 and a copy has been furnished to all the concerned employees.

Two out of Four Directors are independent.


All the provisions have been complied with

The Board approved the Code of Conduct in January 2004 and a copy has been furnished to all the concerned employees.

Non-Executive Directors do not receive any remuneration other than the Sitting Fees for attending Board/Committee Meetings.

The Code of Conduct has been formulated by the Company. Provision relating to Declaration signed by the CEO shall be complied with in the Annual Report for the Financial year 2010-11.


Remarks


Remarks

1425 Zodiac JRD- MKJ Limited Status YES YES YES YESRemarks

1426 Zuari Industries Limited Status YES YES YES YESRemarks

1427 Zydus Wellness Limited Status YES YES YES YESRemarks

1428 Zylog Systems Limited Status YES YES YES YES

Zicom Electronic Security Systems Limited


Zodiac Clothing Company Limited

Will be disclosed in the in the Annual Report 2010-2011.

Certificate confirming compliance with applicable laws for the quarter and nine months period ended December 31, 2010 will be tabled at the forthcoming Board Meeting.

Affirmation received from all the Directors and Senior Management ragarding Adherence to the Code, will be made by the CEO in the Annual Report 2010-2011.

Remarks

Company-wise submissions with respect to compliance with provisions of Corporate Governance for the quarter ended December 31, 2010.

49 II A 49 II B 49 II C 49 II D 49 II E 49 III 49 IV AYES YES YES YES YES YES YES

YES YES YES YES YES YES YES


YES YES YES YES YES NA YESComplied Complied Complied Complied Complied Not applicable CompliedYES YES YES YES YES YES YES



YES YES YES YES YES NA YES



Qualified and Independent Audit Committee

Meeting of Audit Committee

Powers of Audit Committee

Role of Audit Committee

Review of Information by Audit Committee

Subsidiary Companies

Basis of related party transactions

The Company does not have any subsidiary company.


YES YES YES YES YES - YESNot Applicable







The Company does not have any Subsidiary Co.

complied in Annual Report.

Compliance Made

Compliance Made

Compliance Made

Compliance Made

Compliance Made

Compliance Made









Compliant - Relevant particulars will be disclosed in the Annual Report for the year 2010-11.





Compliant Particulars will be disclosed in the Annual Report for the year 2010-11.

Compliant.Particulars will be disclosed in the Annual Report for the year 2010-11.







The Company is complying with the requirements of the Audit Committee.

The Company is complying with the requirements.




The Company is complying with the relevants requirements.




The Audit Committee consists of Five Independent Directors, out of which one is Chartered Accountant, One is Cost-accountant & Company Secretary and one is a retired Scientists. The Chairman of the Audit Committee is a Cost Accountant & Company Secretary. The other provisions are also complied with.

The Audit Committee met one time during the quarter with a gap of not more than four months between two meetings.

The Audit Committee have been empowered to handle all the matters as an independent authority.

The role of the Audit Committee is well defined as per the provisions of Companies Act and Clause 49 of the Listing Agreement.

All the important information as per the provisions and Companies Act/ Clause 49 of the Listing Agreement are placed before the Audit Committee.

Company has no Subsidiary Company.

No related party transactions.





The Audit Committee has 3 Directors as members. 2/3 of the members of the Audit Committee is comprised of Independent directors. All the members of the Audit Committee have the relevant accounting and financial management expertise. Composition of the Audit Committee is as follows. 1) Mr. S.S.Bhandari - Chairman of the Audit Committee , Independent Non-Executive Directors. 2. Mr. R.S. Jhawar - Independent Non-Executive Directors 3. Mr. Umesh Saraf - Joint Managing Director,

Meetings of the Audit Committee are held within the prescribed time frame as prescribed time frame as specified in clause 49 (II)(B) of theListing Agreement. During the Financial year 2010-2011, upto the 31dec, 2010 the audit Committee met twice on 04.08.2010 and on 25.10.2010 respectively and the gap between 2 meetings did not exceed 4 months.

The terms of reference of the Audit Committee of Directors includes the matters referred to in this sub-clause and Section 292A of the Companies Act 1956.

The terms of reference of the Audit Committee of Directors includes the matters referred to in this sub-clause and Section 292A of the Companies Act 1956.

The relevant information as referred In this sub-clause is submitted to the Audit Committee for their review on an ongoing basis.

M/s. GJS Hotels Limited is an wholly owned subsidiary of the Company. As the present net worth of the said GJS Hotels Limited has crossed 20% of the consolidated net worth of the Company, accordingly, GJS Hotels Limited has become the material non- listed Indian subsidiary pursuant to the Clause 49111(1) of the Listing Agreement entered with the Stock Exchanges. The Board of Directors of the Company at its meeting held on 25th October, 2010 has nominated the Candidature of Mr. Padam K Khaitan who

Ahlcon Ready Mix Concrete Pvt. Ltd. Premsagar Merchants Pvt. Ltd. Splendor Distributors Pvt. Ltd. Paramount Dealcomm Pvt. Ltd. Jiwanjyoti traders Pvt. Ltd. Dipesh Mining Pvt. Ltd.






NA YES YES YES YES YES YES

The Company does not have any material subsidiary and none of the subsidiary has listed with the stock exchanges.

The Company did not have any subsidiary during the quarter.







Audit Committee is constituted as per RBI guidelines.

The same is being published in the Company's Annual Report.

There are no Subsidiary Companies.







Audit committee consists a total of three members; two are independent.

The company does not have any indian subsidiary.


YES YES YES YES YES NA NA



YES YES YES YES YES NO NAComplied with Complied with Complied with NA


Company do not have any material subsidiaries.

Oversees the Activities listed in 49 II(D).

The Audit Committee Reviews information listed in Clause 49 II(E).

There are no related party transactions.






Management discussion and analysis of financial conditions for the current Corporate Financial Year ending on 31st December, 2010 will be reviewed by the Audit committee when due. The same for the last corporate financial year ended 31st December 2009 complied with.


YES YES YES YES YES - YES



The Audit Committee has been constituted as per RBI guidelines who are the Regulatory Authorities.





The existing subsidiary is currently not carrying on any business operation. It is not a materially non listed Indian subsidiary company.

Reported in the Annual Report 2009-10 as per the Accounting Standard 18.

The Company does not have any material non-listed Indian subsidiary company.

Wherever applicable





Not applicable as subsidiary companies are not material non listed subsidiary companies as per this clause.

The Audit Committee was constituted on 30.01.2001 and all the members of the Audit Committee are Independent Directors.

One Meeting of the Audit Committee was held on 15.11.2010 during the quarter ended 31.12.2010.

Powers of the Audit Committee are in commensurate with Clause 49.

Role of the Audit Committee is broadened in commensurate with the revised powers of clause 49.

Audit Committee reviews the information provided under clause 49.

Clause 49 III (i) is not applicable. Clause 49 III (ii) - Financial Statements / Investments made by the unlisted subsidiary company are placed in Audit Committee Meeting of our Company. Clause 49 III (iii) - Minutes of the Board Meeting of unlisted subsidiary Companies are placed in the Board Meeting of our Company.

Forms part of Annual Report for the financial year 2009-2010 and are placed before the meeting of Audit Committee.







Committee consists of 4 members out of which 3 are independent members. All are financially literate and 2 have expertise in the field of Accounts, Finance, Taxation, Costing etc. Chairman of Audit committee is independent member and attends the AGM.

Atleast four meetings are held in a year and time gap between the meetings is not more than 4 months. Normally all independent members attend the meetings.

Company has no subsidiary company as on date

The Company does not have any material non-listed Indian subsidiary.



The Company does not have any material unlisted Indian subsidiary as on the close of accounting year ended March 31, 2010.

YES YES YES YES YES NA -








Two wholly owned subsidiaries incorporated on 29th December 2010.








During the quarter, 01.10.2010 to 31.12.2010 one Audit committee meeting was held on 29.11.2010 to review the audited financial results for the financial year ended 30.09.2010.

The Company has no such Company, qualifying the term "material non listed Indian subsidiary" as specified in the clause 49 (III) of the Listing Agreement. All other compliances have been made pertaining to Subsidiary Company as mentioned in the Clause 49(III) of the Listing Agreement.

Will be disclosed in the ensuing Annual Report.





YES YES YES YES YES YES YESN.A. N.A. N.A. N.A. N.A. N.A. N.A.YES YES YES YES YES NA YES






Chairman of Audit Committee will remain present at next AGM.

The Company does not have any "material non-listed Indian subsidiary".

Will be disclosed in Annual Report for the year ended 31.12.2010


YES YES YES YES YES YES YESN.A. N.A. N.A. N.A. N.A. N.A. N.A.YES YES YES YES YES NA YES




There is no subsidiary.

Will be placed before the Audit Committee meeting to be held onFebruary 08, 2011.

Last Audit Committee Meeting held on 20th October, 2010. next Audit Committee Meeting is on 19th January, 2011.

Only one subsidiary and that is a Not material non-listed Company.




YES YES YES YES YES NA YESNA NA NA NA NA NA NAYES YES YES YES YES YES YES




YES YES YES YES YES NA NANo. Subsidiary


No related party transactions.





Not Applicable as there is no subsidiary.

The Company does not have an Indian Subsidiary.








Being Disclosed in the Annual Report.

The Company has no subsidiaries.



YES YES YES YES YES NA YESNon Material Annual Report





The company has no material non listed Indian Subsidiary.

The Audit Committee shall have minimum three Directors as members. Two-thirds of the members of the Audit Committee shall be independent Directors. All members of the Audit committee shall be financially literate and at least 1 member shall have accounting or related financial management expertise. The Chairman of the committee shall be an independent director & shall present at AGM to answer the queries raised by the shareholders The Audit committee may invite such of

Audit Committee shall meet at least 4 times in a year and not more than 4 months shall elapse between 2 meetings.

Investigate any activity, seek information from any employee, obtain outside legal / professional advice. To secure attendance for outsiders with relevant expertise, if it considers necessary.

Oversight of the Company's financial reporting, recommending appointment & removal of external Auditor, fixation of fee etc., Approval of payment to statutory Auditors to review with the Management, the annual financial statements, quarterly financial statements, performance of statutory and internal auditors, the adequacy of internal audit function, Reviewing the findings of any internal investigations by the internal auditors, discussions with statutory auditors before the audit, to look into the reasons for

Review financial statements and draft audit report, records of related party transactions, management letters / letters of internal control weaknesses issued by the statutory auditors, internal audit reports relating to internal control weaknesses and the appointment, removal and terms of remuneration, of the Chief internal auditor.

At least one independent director on the Board of holding company shall be a director on the Board of a Material non-listed Indian subsidiary company. The audit committee of the listed holding company shall also review the financial statements made by the unlisted subsidiary company The minutes of the Board meetings of the unlisted subsidiary company shall be placed at the Board meetings of the listed holding company.

Statement of all transactions with related parties shall be placed before the audit committee. Details of material individual transactions with related parties which are not in the normal course of business shall be placed before the audit committee. Details of material individual transactions with related parties or others, which are not on an arms length basis, should be placed before the audit committee.









The previous Audit Committee Meeting held on 28th October 2010.

Governed by RBI Guidelines





The Bank does not have any Material non listed Indian Subsidiary.

The Audit Committee is constituted as per the directions of Reserve Bank of India.

As per the directions of Reserve Bank of India.



YES YES YES YES YES YES YESComplied Complied Complied Complied Complied





Compliance is made effective from 1.1.2006

Compliance is made effective from 1.1.2006


YES YES YES YES - - -




The Corporation does not have any material non-listed Indian subsidiary company.

Will be complied.

Will be complied.

Will be complied.





M/s. Vignyan Industries Limited an unlisted subsidiary in which the company is holding about 97% of the equity capital. The turnover or networth does not exceed 20% of the consolidated turnover or networth of the company. Therefore, Clause 49 (III) (I) of the Listing agreement does not apply.








Being periodical disclosures will be disclosed accordingly.

Members -4 Directors Non - Executive Directors -4 (All) Independent Directors -4 (All) Financial Literate -4 (All) Financial Management Expertise -2 (Two) Company Secretary of the Company acts as Secretary to the Committee.

During the quarter ended 31t December, 2010, a meeting was held on 28th October, 2010 with a gap of not more than 4 months from the previous meeting.

The Audit Committee was granted adequate powers in line with the Clause - 49 of the Listing Agreement with the stock exchanges by the Board of Directors of the Company in its meeting held on 18th June, 2002. After approval and implementation of Whistle Blower Policy, Audit Committee has been empowered with various powers enumerated under Whistle Blower Policy.

The Board of Directors of the Company in its meeting held on 18th June, 2002 have also adequately defined the role of Audit Committee in line with Section-292A of the Companies Act 1956 and Clause 49 of the Listing Agreement with the stock exchanges.

The Audit Committee periodically reviews the required information.

There is no subsidiary of the Company.

The requisite statement(s)/ detail(s) pertaining to the following transactions are placed before the Audit Committee periodically: a) A statement, in summary form, of transaction with related parties in the ordinary course of Business. b) Details of material individual transactions with related parties, which are not in the normal course of business. c) Details of material individual transactions with related parties or others, which are not on an arm's length basis together with management justification for



YES YES YES YES YES NA YESDuly complied Duly exercised Duly followed Duly followed Duly complied



During the quarter under review, three meeting were held on 19.10.2010, 29.10.2010 and 25.11.2010.

Bhel has taken over BHPV as its 100% subsidiary during 2008-09. BHPV is Not a material non listed Indian subsidiary company.

There is no material unlisted subsidiary company.

Duly conducted

(i) There is no material non listed Indian Subsidiary. (ii) Duly complied


















YES - YES YES YES - YES

Are placed before Board/Committee.

The required Statements/ details are placed before the Board/ Audit Committee.

Are placed before Board / Committee.

There is no subsidiary Company.

No Subsidiary Company.

Not Applicable.




Last Audit Meeting held on November 11, 2010.

The powers are as per the Listing Agreement and terms of reference.

The role of the committee is as per the listing agreement and terms of reference.

The role of the committee is as per the listing agreement and terms of reference.

All the related party transaction has been properly scrutinized irrespective of value and all deviation of materially significance and established industrial norm anlyzed in the meeting.

Company Secretary of the Company has resigned w.e.f. October 29th, 2010.

Company do not have Subsidiary Company




All Members of the Audit Committee are financially literate and at least one member has accounting/related financial management expertise. The Audit Committee consists of the following:(1) Mr. K. Parthasarathy - Chairman; (2) Mr. K. S. Varadhan - Member; (3) Mr. S. K. Tambawalla - Member.

The Audit Committee holds meetings at least four times in a year and not more than three months elapse between two meetings. During the quarter from October 2010 to December 2010 1 meeting of the Audit Committee were held on 29th October 2010.

As per clause 49 (II C)

As per clause 49 (II D)

As per clause 49 (II E)

One Independent Director on the board of the holding company has been appointed as Director on the board of the subsidiary company namely, Blue Blends Equity Ltd.

A statement in summary form of transactions with related parties in the ordinary course of business is placed periodically before the audit committee. Details of material individual transactions with related parties which, are not in the normal course of business is placed before the audit committee whenever applicable. Details of materials individual transactions with related parties or others, if any, which are not on an arm's length basis, shall be placed before the audit committee,

NiL NiL NiL NiL NiL NiL NiL





The Company does not have any subsidiary.





The Company has no material non-listed subsidiary company.

The Audit Sub Committee held 5 meetings in 2010.

There exists no material non-listed Indian Subsidiary Company pursuant to this clause.

Already constituted.

Transactions as per AS 18 complied along with annual accounts. Annual Requirements ; complied for FY 2009-10











The Company has no material non-listed subsidiary company.

The Company does not have any materially substantial non-listed subsidiary companies.

No material subsidiaries, however Recently Listed, shall be complied with in as and when need arises.

Information will be given in all such cases where required.

There is no Subsidiary Company.






No "material non-listed, Indian subsidiary" as defined.

The company does not have an Indian Subsidiary as on date.

Will be disclosed to the audit committee on quarterly basis and was included in the Annual Report for the year ended 31.03.2010.

With regard to clause 49 (III)(i), the company does not have a material non -listed Indian subsidiary and hence the same is not applicable to us and the Company has complied with clause 49 (III) (ii)and (iii)



YES YES YES YES NO NA NO








The company has no subsidiary company(ies).



YES YES YES YES YES NA YESNot Applicable


The Company has become a Listed Company w.e.f. 12.10.2010. Will be complied from the next meeting of Audit Committee.

The company does not have any Subsidiary Company.


The composition of the Audit Committee complies with the requirements of Clause 49(IIA).

The requirements regarding frequency of Meetings and Quorum have been complied with.

The Audit Committee is vested with the powers specified in Clause 49(IIC).

The Audit Committee performs the functions listed in Clause 49(IID).

The Audit Committee reviews the information listed in Clause 49 (IIE).

The minutes of the Board Meeting of unlisted subsidiaries are reviewed every quarter. The financial statements and investments are reviewed annually. The Company does not have any material unlisted Indian subsidiary.

This is being reviewed.





YES YES YES YES YES NA NO



No Indian Subsidiaries.

Company is not having any subsidiary

It is under process and will be put before the audit committee in its meeting wherein the financials for the quarter ended 31st Dec, 2010 will be considered.

The subsidiaries are non-listed and also are not "material non-listed subsidiaries"


YES YES YES YES YES NA YESNo subsidiary


YES YES YES YES YES YES YESNIL NIL NIL NIL NIL



YES YES YES YES - NA YES



Centum Rakon India Private Limited (Formerly Centum Frequency Procducts Private Limited) has become a subsidiary w.e.f. Jan 31, 2008. An Independent Director has been inducted on the Board of the subsidiary.

Since we do not have any subsidiary the provision is not applicable to us.

Will be complied at the time of Annual Report.




Complied with



Disclosed in the annual report for the year ended 31.03.2010.

Complied with. A qualified and Independent Audit Committee in accordance with the Clause 49 of the Listing Agreement and section 292(A) of the Companies Amendment Act, 2000 was constituted. Presently the Audit Committee is having 4 members out of which 3 are Independent Directors. All the four members are financially literate and one of the members is a Chartered Accountant. The Chairman of the Audit Committee is an Independent Director. Director (Finance), concerned

Complied with. During the Financial Year 2010-11, three meeting were held so far.

Complied with, The Audit Committee at the meeting held on 30.12.2010 reviewed the significant findings of the Internal Audit Department and follow up action thereon. The Audit Committee at the meeting held on 30.12.2010 note the following. a) There are no qualifications on the draft Audit Report of the Statutory Auditors. b) There are no findings any internal investigations by the Internal Audit Department / Auditors into matters where there is suspected fraud or irregularity or failure of Internal

Complied with. The Audit Committee at the meeting held on 30.12.2010 reviewed the statement of significant related party transaction in the normal course of businss and also not in the normal course of business for the last five years. Complied with. The Audit Committee at the meeting held on 30.12.2010 reviewed the statement of significant related party transaction in the normal course of business and also not in the normal course of business for the last five years. The Audit Committee at the meeting

The clause is not applicable to CPCL since CPCL has no subsidiaries.

Complied with. The details of related party transactions for the year 2005-06 to 2010-11 (upto Sep.2010), as envisaged, was reviewed by the Audit Committee at the Meeting held on 30.12.2010.


Nil Nil Nil Nil Nil Nil


The company does not have any material Non-Listed subsidiary company.

There is no "material non-listed Indian Subsidiary".


YES YES YES YES YES NA YESN.A.







YES YES YES YES YES YES -



Not Applicable


This is related to Accounts. The same is under preparation and the provision will be complied with.


The Audit committee was constituted on April 28, 2000. It now consists of 4 independent non-executive directors. All of them are financially literate. The Chairman of the committee is an independent director. Company secretary is the secretary of the audit committee.

The Audit committee meets at least once every quarter. During the quarter, one audit committee meetings was held on October 28, 2010.

The Audit Committee is empowered, inter alia, to investigate any activity, seek information, obtain outside legal or other professional advice, secure attendance of outsiders, etc.

This has been defined and included in the terms of reference of the audit committee.

This was reviewed by the Audit Committee at its meeting held on October 28, 2010.

This was reviewed by the Audit Committee at its Meeting held on October 28, 2010.






Necessary disclosures of related party transactions, if any are made.

Required disclosures will be made in Annual report for 2010-2011.

Required disclosures will be made in Annual report for 2010-2011.

Duly complied Duly complied Duly complied Duly complied Duly complied Duly complied Duly complied









YES YES YES YES YES YES NA

No Indian Subsidiary








Sub Clause (I) of clause 49 (III) is not applicable. The Company is Complying sub clause (ii) and (iii) of clause 49 (III).

No subsidiary company

Clause 49(III)(i) is not applicable.











Company does not have any material non-listed Indian Subsidiary Company out of the all subsidiaries.

Will be disclosed in the Annual Report 2010-11.

Members of the audit committee are as per the provisions of clause 49 (IIA) read with the provisions of companies Act, 1956.

Meetings of the audit committee are conducted as per the provisions of Clause 49(IIB) read with the provisions of companies act, 1956.

The powers of audit committee includes the powers stated under Clause 49(IIC) read with the provisions of companies act, 1956.

The role of audit committee includes the points given under Clause 49(IID) read with the provisions of companies act, 1956.

The matters reviewed by audit committee include the information given under Clause 49 (IIE) read with the provisions of companies act, 1956.

The company does not own any subsidiary Companies.

There are no related party transactions to be placed before the committee during this quarter.









This time will be considered at the time of approving draft Annual Accounts.



Has been laid down by the Board of Directors vide their resolution dated January 25, 2001.

Has been laid down by the Board of Directors vide their resolution dated January 25, 2001.

Reviewed by the Audit Committee every quarter during its meeting.

Disclosures will be made in the Annual Report for the Financial Year 2010-2011


YES YES YES YES YES YES YESN/A N/A N/A N/A N/A N/A N/A

YES YES YES YES YES NO YES








No material un-listed subsidiaries

The Directors of the company are in default u/s 274(I)(g) of the Companies Act, 1956, therefore none of its Director can become a Director in the subsidiary. In view of this the company is unable to appoint its independent director on the board of our non-listed Indian subsidiary company.



The Bank has constituted a Audit Committee whose terms of constitution and reference are as governed by RBI from time to time.

The Bank has no subsidiary Company.

Statement of related party transactions are placed before the Audit Committee.



This Committee consists all Independent Non-Executive Directors. The Chairman of the Committee is also an Independent Non-executive Director. All the members of the audit committee are financial literate.

The Committee is regular in holdings meetings. In last quarter, Audit Committee Meeting was held on October 22, 2010.

Board of Directors have empowered the Audit Committee inter alia with the followings powers: (a) To investigate any activity within its terms of reference. (b) To seek information from any employee. (c) To obtain outside legal or other professional advice. (d) To secure attendance of outsiders with relevant expertise, if it considers necessary.

The role of Audit Committee has been approved by the Board and its role and terms of reference have been diclosed in the Annual Report.

The Audit Committee interalia reviews the following in the metings: a) Management discussion and analysis of financial conditions and results of operations. b) Statement of significant related party transactions submitted by management. c) Internal audit reports relating to internal control weaknesses. d) The appiontment, removal and terms of remuneration of the internal auditor

The Company has two unlisted company i.e. DHFL Vysya Housing Finance Ltd. and DHFL Property Services Ltd. . Audit Committee reviews the financial statements of non listed subsidiaries while considering annual accounts. Minutes of board meetings of unlisted subsidiaries are placed before Board from time to time.

Disclosed in the Annual Report of the Company for the financial year 2009-2010.

NIL NIL NIL NIL NIL NIL



Not Applicable




Disclosure will be made in the Annual report 2010-11

There is no subsidiary company.










None of the subsidiary companies of the Company is a material non listed Indian subsidiary company and yet the Company has complied with the requirements under this clause.





Complied with. Complied with.



The Audit committee is having 3 members and all of them are Independent Directors. All members of the Audit Committee have accounting and financial management expertise. The head of the Finance function, Auditors were present at the meetings of the committee. The company Secretary of the Company is the Secretary to the Committee.

Since 1st April 2010 the Audit committee has met thrice and the minimum requirement of convening 4 meetings in a year will be duly complied with during the year .The gap between these meetings will be less than four months

The Committee has the requisite powers as per Clause 49 of the Listing Agreement.

The Company has 5 subisdiaries viz. DSK Global Education & Research Pvt. ltd, DSK SEZ Projects (Pune) Pvt. Ltd, DSK southern projects private limited ,DSK Developers Corporation and a step down subsidiary - DSK Woods, LLC. The details of the same for the Financial Year 2010-11, will be given in the Annual Report for the year ending March 31, 2011.

The Company periodically places the statement in summary form of transactions with related parties in the ordinary course of business along with related party transactions not in ordinary course of business or not at arms length basis, if any, before the Audit Committee.

Introducing of Whistle Blower Mechanism has been deferred (being non-mandatory).



Nil Nil Nil Nil Nil Nil Nil



YES YES YES YES YES YES YESNil Nil Nil Nil Nil Nil Nil




During the period there was only one Audit Committee Meeting held on 19th November, 2010.






To be included in the Annual Report for the year ended September, 2010 (2009-10) and the current year details will be included in the Annual Report for the year ending September 2011 (2010-11)

2 out 3 directors are Non-executive Independent Directors and 1 (One) Executive Directors.

The meeting was held on October 26, 2010.







The Company has a subsidiary incorporated on 30.12.2009 and the provisions have been complied with.

During the period, there were no related party transactions other than payment of salary to Chairman & CEO and MD, being key managerial personnel.

Not Applicable to the Company.

YES YES YES YES YES NO YESNot applicable

YES YES YES YES YES NO YESNot applicable



No Subsidiaries




All other information's of subsidiary companies as presribed under clause 49 were placed before the Committee and Board from time to time. During the quarter a new company 'Emami Overseas FZE' is incorporated as a step down subsidiary of 'Emami International FZE'

All applicable disclosures were placed before the meeting of the Audit committee and Board of Directors.








Chairman of the meeting of AC was present. Company has no Finance Director hence group chief financial officer was present .Internal Audit is being carried out by Independent audit firm.

There is no subsidiary Co.












There is no Subsidiary Companies.

Company does not have Material unlisted Indian Subsidiary Company.













The company has one material non listed Indian subsidiary company and eight other subsidiaries companies.

This clause refers to Indian Subsidiary Company whereas there is no such company.

The Company does not have any 'material unlisted Indian subsidiary' as defined in the Listing Agreement.

We do not have subsidiary Cos.

YES YES YES YES YES YES -Complied


The Audit committee consist of three indepedent non executive (INE) Directors. The chairman of the committee is also an independent non executive Director . Company Secretary of the Company acts as the secretary to the Committee.



Complied to the extent applicable

Complied to the extent applicable








No subsidiaries at present.

The company has no subsidiary company





YES YES YES YES YES YES YESNil. Nil. Nil. Nil. Nil. Nil. Nil.YES YES YES YES YES YES YES

Being placed before the Board.

The Company has following two subsidiaries : 1. Fresenius Kabi Oncology Plc: foreign subsidiary ; 2. Dabur Pharma Thailand Co. Ltd: This wholly owned direct foreign subsidiary has decided to wind up voluntarily and the same is pending with concerned statutory authority in Thailand .



Nil Nil Nil Nil Nil


An Audit Committee of Directors comprises of 3 Directors namely, Mrs. Padmini Khare Kaicker, Chairman, Mr. Deepak Chopra, member and Mr. Rajeev Vasudeva, member all of whom, are Non-Executive Directors. All members of the Audit Committee are financially literate. This committee met once in the quarter July 2010 to September 2010. The Company Secretary acted as the Secretary to the Committee.





The Company doesn't have any subsidiary company.

All the necessary disclosures are made before the respective Audit Committee / Remuneration Committee / Board of Directors.

The Company does not have material non listed Indian Subsidiary Company.

All transactions at Arm's length basis.




The Company has no subsidiary Company(ies).

" Will be complied with in the next Annual Report".





The Company has no Subsidiary Company(ies).

"Will be complied with in the next Annual Report."

The Company does not have any Subsidiary.


YES YES YES YES YES NA NOConstituted Complied with. Complied with. Complied with. Complied with.



Shri Shekhar G. Patel, Managing Director of the Company was appointed as a member of Committee w.e.f. 1st October, 2010 over and above three independent directors.

No Subsidiary Company

Will be complied in the next Annual Report - 2010-11.



YES YES YES YES YES YES YESComplied with. Complied with. Complied with. Complied with. Complied with.






The Company has 4 directors as its members with 3 of them being independent directors.

A statement is placed before the Audit Committee on quarterly basis.

The Role of the Audit Committee is defined by the Company in accordance with the relevant provisions of the Companies Act, 1956 and the Listing Agreement.

The Audit Committee periodically reviews the information provided by the Management of the Company in accordance with the relevant provisions of the Listing Agreement.

The Company does not have any material unlisted Indian Subsidiary. Genesys Worldeye Limited, a 100% Wholly owned subsidiary has been Merged with Company pursuant to order dated December 16, 2010 passed by the Hon'ble High Court of Bombay. The other provisions of the Clause are duly complied with.





There are no material non listed Indian subsidiary of the Company.

Management Letters / letters of internal control weakness are reviewed annually.

The minutes of the unlisted subsidiary companies are placed before the Board as and when such meeting take place.







No subsidiaries.






The Role of the Audit Committee is defined by the Company in accordance with the relevant provisions of the Comopanies Act, 1956 and the Listing Agreement.

All members of the Audit Committee are Independent Directors.







This is being complied with to the extent applicable.

Will be complied with in the next Annual Report for the year ended 31st March, 2011.

The committee consists of 2 independent and 1 Executive Director, headed by an independent Chairman. All members of the committee are financially literate.

The time gap between two meetings did not exceed four months.

The Audit Committee of the company has adequate powers to carry out their duties as mentioned in this clause.

There is no material non listed subsidiary of the Company.




Chairman of the Audit committee is an Independent Director. All the members are non executive directors of the company.




All the members including the Chairman are independent directors.

Meetings are regularly held as stipulated.

Audit Committee is sufficiently empowered by the Board as required.






Nil Nil Nil Nil Nil Nil Nil




There are two foreign subsidiary and one Indian subsdiary.

The Company is not having any material Indian Subsidiary Company.

The company does not have any subsidiary.











Complied to the extent applicable to two subsidiaries. Will be complied in the subsequent quarter reporting on applicability for other subsidiaries.

The Joint Venture Company in Bhutan is not considered as 'unlisted subsidiary company' for this purpose.


1) Audit Committee has five members and all are independent non-executive directors and possess adequate knowledge of corporate finance and accounts. (2) The Chairman of the committee is the independent director and had attended the last AGM.

1) Audit Committee meets minimum four times in a year. 2) The Audit Committee Meetings are generally attended by General Manager (Finance), representatives of Internal Auditors and Statutory Auditors. 3) Company Secretary act as the Secretary to the Committee.

The scope of Audit Committee encompasses all the powers mandated.

The scope of Audit Committee encompasses all the issues mandated.

All the issues that are required to be put up before the audit committee are being put up and shall be continued to be put up before the audit committee.

The appropriate diclosures is being made in the accounts, whenever necessary.











During the FY 2010-11three commitee meetings held.

Will be Disclosed in the Annual Report of FY 2010-11.

There is no material non listed Indian subsidiary company.





N.A. N.A. N.A. N.A. N.A. N.A. N.A.









YES YES YES YES - - YES

GSFC has no subsidiary companies.

Not applicableYES YES YES YES YES YES YES







Complied






The Company has two Unlisted Subsidiary Companies but none of them are material listed Indian subsidiary as per the Listing Agreement.

The Company has no subsidiary in India.







The Audit Committee comprises entirely of independent directors and all of them have the relevant accounting & financial management expertise.

During the financial year 2010-11, the Committee met May 3, 2010,and July 14, 2010, October 18, 2010 & December 23, 2010 and the gap between two meetings did not exceed 4 months.

The term of reference of the Audit Committee of Directors includes the matters referred to in this sub-clause and Sec 292A of the Companies Act, 1956.

The term of reference of the Audit Committee of Directors includes the matters referred to in this sub-clause and Sec 292A of the Companies Act, 1956.

The relevant information as referred in this sub-clause is submitted to the Audit Committee for their review on an ongoing basis.

The Corporation has obtained a certificate from its statutory Auditors confirming that it does not have any material unlisted Indian subsidiary company in the immediately preceding accounting year viz. as on March 31, 2010. Financial statements of the unlisted subsidiary companies of the Corporation are review on an annual basis. The details of the investments made by the unlisted subsidiary companies of the corporation are tabled at the meeting of the audit committee. On a quarterly basis. The

Statements in respect of the related party transactions will be tabled at the meeting of the Audit Committee of Directors to be held in May 2011 for approving the Audited Annual Financial Results of the Corporation.

Pertaining to Financial year 2009-10.



YES YES YES YES YES NA YESComplied Complied Complied Complied Complied NA Complied






We do not have any subsidiaries

Relevant compliances will be made at the appropriate time.



The company has no material unlisted Indian subsidiary company. The Company has adopted a practice of placing Board minutes of unlisted subsidiary companies in the Board Meeting to be held for the purpose of approval of annual accounts.

The Company has adopted a practice of placing related party transaction in the Audit Committee Meeting to be held for the purpose of approval of annual accounts.

Complied Complied




The requirements as per A,B,C are being complied with.

The requirements relating to enhanced role of Audit Committee for items nos. D & E are also complied with.





YES YES YES YES YES NA YESNot applicable


NO NO YES YES YES NO NA

THE COMPANY DO NOT HAVE SUBSIDIARY.

TO BE COMPLIED IN ANNUAL REPORT.









Consequent to change/ cessation of Directors on the Board, the Government has been requested to appoint Independent Directors in compliance with the requirement as the President of India is the appointing authority for all Directors in terms of Articles of Association of the Company so as to re-constitute the Audit Committee.

Due to non-availability of quorum / reconstitution the Audit Committee Meeting could not be held during the quarter.

The Government has been requested to appoint one Independent director on the Board of HMT Machine Tools Limited which is a material non-listed Subsidiary Company from our of the Independent directors to be appointed on the Board of HMT Limited, the Holding Company.






Sub clauses i, ii & iii to Clause III to Cl. 49 are not applicable, as the Subsidiary itself is a listed Public Limited Company ( & it itself is not a Holding Company).








Already Complied in the Annual Report 2009-10.

The details of Independent Audit Committee is furnished in the Annual Report 2009-10.

Company does not have any subsidiaries.

Complied in the Annual Report 2009-10




Company is not having any material non-listed Indian Subsidiary.

The Company does not have a material non listed subsidiary.








Matters for review / information will be put up at the ensuing Audit Committee / Board Meeting of the Bank.

No subsidiary company is a material unlisted subsidiary.






IDFC has an independent Audit Committee complying with all the requirements- It consists of all Independent Directors and the Chairman is Mr.S.H. Khan. Presently the Committee is overseeing all functions specified in this Clause.





IDFC has the following 19 subsidiary Companies.(1) IDFC Private Equity Company Ltd. (2) IDFC Trustee Company Ltd. (3) IDFC Finance Limited. (4) IDFC Investment Advisors Ltd.(5) IDFC Project Equity Company Ltd. (6) IDFC Securities Limited (7) IDFC Capital Company Ltd. (8) IDFC PPP Trusteeship Company Ltd. (9) IDFC Projects Ltd. (10) IDFC Capital Limited (11) IDFC-SSKI Stock Broking Ltd. (12) IDFC Asset Management Co. ltd. (13) IDFC AMC Trustee Co. ltd. (14) IDFC

Related party transactions are being placed before the Audit Committee.








I G Technologies Ltd (IGTL) has become the 100% Subsidiary of the company during the quarter.








YES YES YES YES YES YES YESN.A. N.A. N.A. N.A. N.A. N.A. N.A.YES YES YES YES YES YES YES

Will be complied in the ensuing Audit Committee Meeting

The information as applicable are being placed at the Audit Committee Meetings.

Our Company does not have a material non-listed Indian subsidiary.



The Audit committee and the terms of reference has been constituted in accordance with the circulars issued by RBI in this regard.

During the quarter October-December 2010, the Audit Committee met 3 times (October 18, October 22 and December 30, 2010.)

These are governed by RBI guidelines issued in this regard.



Disclosure made on page 125 of the Annual Report for the year ended 31st March 2010.

The Board approved revised terms of the Audit Committee on 8th November,2005.



During current Financial Year i.e 2010-2011. following Audit Committee Meeting were held (i)26th May, 2010 (ii) 29th July, 2010. (iii) 29th October 2010.

The Company do not have any Subsidiary as on 31.12.2010.

A statement in summary form of transactions with related parties for every quarter is being placed at every Audit Committee Meeting as well as Annual Statement after the financial year is over. A Statement in summary form of transactions with related parties for the quarter ended 30th September, 2010 was placed before Audit Committee held on 29th October, 2010.

Constituted as per requirement. In meeting Auditors, Head of Finance is invited besides members.

Meeting being conducted as per the provisions of the listing agreement

Powers delegated as per requirement.

Term of reference defines the role of the Audit Committee as per the provisions of the Listing agreement and the Companies Act, 1956

Reviews information as required by the Listing Agreement as applicable.

Complied at the time of Audit Committee Meetings.




N.A





We do not have Indian subsidiary - The Company has invested in a foreign subsidiary - 'PT Automotive Systems Indonesia' by investing 99.97% of equity share capital amounting to Rs. 12.08 crores.

company has no subsidiaries

Disclosure related to financial year 2010-2011 will be made in the Annual Report of 2010-2011.

We don't have any subsidiary.

Disclosed to Audit Committee as reported in the Annual Report .

Not Applicable








According to RBI's directive, the Audit Committee has to meet six times in a year.

Management discussion and analysis, forming part of the Annual Report 2009-2010, has been approved by the Audit Committee in its meeting held on May 11, 2010.

The Bank does not have a 'material non-listed Indian subsidiary' as mentioned in Explanation 1 to 49(III) and there are no 'significant transaction or arrangement' with the subsidiary as mentioned in Explanation 2 to 49(iii).








Due to pre-occupation, the chairman of the Audit Committee could not attend the Annual General Meeting held on 30th September 2010.

The Company has no subsidiaries.

Placed before the audit committee.

The Subsidiary Company has been amalgamated with its parent company under order passed by the hon'ble Delhi High Court, New Delhi dated 19th January 2010.


The composition, structure and functions of the audit committee are as per the guidelines issued by RBI and GOI in this regard - (a) Constitution is defined as per RBI letter ref: DOS 5116.13.100/94 dated April 09, 1994 DOS/BC.14/Admn.919/16.13.100/95 dated September 26, 1995,BC/3/08.91.020/97 dt 20.01.1997 and GOI letter ref: F. No. 19/20/2007-BO-I dated February 18, 2008 which was taken on record by our Board at its meeting held on 29.03.2008 and (b) the functioning vide RBI Circ. Ref: DOS/BC14/Ad

The meetings are held at regular intervals and 2 meetings were held in the first quarter of the financial year 2010-11.

The scope of the audit committee was enlarged to bring the same in line with the Listing Agreement entered into with the Stock Exchanges as well as RBI guidelines with effect from 27.11.2003

The scope of the audit committee was enlarged to bring the same in line with the Listing Agreement entered into with the Stock Exchanges as well as RBI guidelines with effect from 27.11.2003

Already complied with.

Our Bank has no subsidiaries.

Already complied with and reported in Annual report 2009-10


YES YES YES YES YES NA YESN.A. N.A. N.A. N.A. N.A. - N.A.




There is no material un-listed Indian subsidiary company.

The Company has no subsidiary company.

It has been disclosed in the Annual Report 2009-10 and next will be disclosed in the pursuing Annual Report 2010-2011.




The Company has three wholly owned subsidiaries of which one subsidiary is incorporated under the provisions of the Companies Act, 1956 and 2 Foreign subsidiaries incorporated in Singapore and USA respectively.

Disclosed in the Annual Report for the Year 2009-2010 and shall be disclosed in the Annual Report for the Financial Year 2010-2011.

Chairman of the Audit Committee has resigned effective 29th January, 2009. Appointment of the Chairman of the Audit Committee shall be decided by the Audit Committee. Chairman of the meetings of the Audit Committee is an Independent Director.




The Company does not have any material non-listed Indian subsidiary.

Subsidiary Company is not a material subsidiary.



Complied Complied Complied Complied Complied Complied Complied


Complied Complied Complied Complied Complied Complied CompliedYES YES YES YES YES YES YES





Yes, Complied with in Annual Report.

Meeting of Audit Committee held on October 29th, 2010.

No subsidiary company.






Qualified and independent Audit committee has been formed.

Audit Committee met twice during the quarter ended 31st December 2010: on 2nd November 2010.

As per Board resolution passed and provisions of Clause 49(II)(c) of Listing Agreement.

As per Board resolution passed and provisions of Clause 49 (II)(D) of Listing Agreement.

The Audit Committee in it's meeting held on 02nd November 2010 reviewed, the unaudited financial statements for the quarter ended 30th September, 2010.

The company does not have material non-listed Indian subsidiary company.

During every quarter when there are transactions of material nature with the related parties the same are placed before the Audit Committee.




The Company holds 51% equity Stake in Raigarh Energy Limited. The Subsidiary Company is not a material non- listed Indian Subsidiary Company within the meaning of Sub-Clause III of Clause 49 of the Listing Agreement.

The requirement as to appointment of independent director of the company on the board of subsidiary company is not applicable.





NA NA NA NA NA NA NAYES YES YES YES YES NA NA

There is no Indian Subsidiary. Company has overseas subsidiary under the name and style JBF Global Pte Ltd at Singapore, which has a subsidiary Company, JBF RAK LLC at U.A.E.

Company has no subsidiary.

The company is not having any "Material non-listed Subsidiary" incorporated in India.





The Audit Committee of Directors comprises of qualified and majority of independent Directors.

During the Quarter ended on December 31, 2010, one Meeting was held on October 29, 2010. As the previous Meeting was held on July 23, 2010. The gap between two meetings did not exceed 4 months. Necessary Quorum was present at this Meeting.

Powers specified in this Clause are included in the Charter of the Audit Committee.

Role of Audit Committee as specified in this Clause is included in the Charter of the Audit Committee.

Information to be reviewed by the Audit Committee, as specified in this clause, is included in the Charter of the Audit Committee.

The subsidiary company, Jet Lite (India) Limited does not fall in the category of a "material non-listed subsidiary" as defined in the Listing Agreement. Done at each Audit Committee Meeting. Done at each Board Meeting.

Will be done in May / June 2011 on as annual basis.

There are three subsidiary companies.









Complied in the Annual Accounts.

Will be complied with as and when situation arises.

Complied with 25th Annual Report.



YES YES YES YES YES YES YESNil Nil Nil Nil Nil Nil NilYES YES YES YES YES YES YES






YES YES YES YES YES NA YESNot applicable


Compliance Made

Compliance Made

Compliance Made

Compliance Made

Compliance Made

Compliance Made

No Subsidiary Company (ies) Exist (s).

Company has no subsidiaries.

Wherever applicable

Wherever applicable









No Subsidiary







Wherever Applicable

No material Indian Subsidiary.

None of the Subsidiary Companies are covered under "Material Non-Listed Indian Subsidiary".

None of the Indian subsidiaries is a material subsidiary.














The Term "material non-listed Indian subsidiary" does not apply to company's existing subsidiaries.



YES YES YES YES YES NO YESNot Applicable.







Since, the company has no subsidiary.

On half-yearly basis being placed before Audit Committee as per AS-18 of ICAI.

No material non-listed or listed subsidiary Company.











Audit Committee is adequately empowered to take independent decisions.

As per Listing Agreement.

Company does not have any material non listed Indian Subsidiary Company.

Will be complied in Annual Report 2010-11.

The Company has no subsidiary company.






Company has no subsidiary.


Will be disclosed in Annual report.

On 30.09.2008 the company has formed a subsidiary company "KNR Agrotech and Beverages Pvt Ltd." but the same yet to commence any business. The Company has also incorporated a subsidiary company in a Sultanate of Oman namely "KNR Constructions LLC" but the same yet to commence any business. The company has acquired a wholly owned subsidiary in Ras Al Khaimah ,UAE namely 'KNRCL FZE'

Statements of summary of related party transaction (if any) are periodically placed before the audit committee.


YES YES YES YES YES YES YESNIL NIL NIL NIL NIL NIL NIL









The company does not have any material non-listed Indian subsidiary company within the meaning of Clause 49(III).

Related Party Transactions are considered quarterly and will be complied in the Annual Report 2010-11.

The chairman was present at AGM held on 30.09.10 and shall be present at next AGM.

The matters required to be dealt in Annual Report were complied within the last Annual Report and will be complied within the next Annual Report.

The subsidiary is not the Material subsidiary as per given definition.





The Company has a qualified and Independent audit Committee. The Composition of Audit Committee is as follows. Mr. Ashwani Dua- Chairman/Member; Mr. Vinod Ahuja - Member; Mr. Gautam Khaitan - Member; Mr Anoop Kumar Gupta- Member. Mr. Ashwani Dua, Mr. Vinod Ahuja and Mr. Gautam Khaitan are Non-Executive and Independent Directors and Mr. Anoop Kumar Gupta is Executive and Joint Managing Director of the Company. Mr Ashwani Dua is the Chairman of

The minimum number of meetings will be complied. From 01.10.2010 to 31.12.2010 one meeting was been held on 11.11.2010 to review the unaudited financial results for the year ended 30.09.2010. The quorum was present at the meetings.

Necessary powers have been vested on the audit committee.

The role of audit committee has been decided by the Board of Directors and the same have been intimated to each member of the audit committee.

The Audit Committee shall mandatorily review the information as required under this clause.

The Company is having no material non listed Indian Subsidiary Company.

The related party transactions for the Financial year 2009-10 have been disclosed in the 17th Annual Report of the Company for the year ended 31.03.2010.

No subsidiaries.






As on December 31, 2010 the number of directors on the Board is eight. The Managing Director is executive director. Rest of the directors (including the Chairman) are non-executive Directors. Out of total number of Directors, 50% of them are non executive independent.

Complied with applicable provisions of clause 49 III (ii) & (iii)










Bank does not have any subsidiary Company.

At present there are no such transactions. Whenever such transactions are entered into, the provisions of this Clause will be complied with.

As per RBI guidelines



In consonance with RBI guidelines.



YES YES YES YES YES YES YES- - -YES YES YES YES YES YES NA




MDA on Financial Results ended 30th September, 2010 was reviewed by the Audit Committee in its meeting held on 14.10.2010. For December quarter, MDA on financial results would be placed and reviewed in the forthcoming Audit Committee Meeting.

Not being material non-listed Indian subsidiary. However minutes, financials are being reviewed.

Details of related party transactions for the quarter September 2010 was placed in the Audit Committee / Board in its meeting held on 14.10.2010. For December quarter, related party transactions would be placed and deliberated in the forthcoming Audit Committee/ Board meeting.










There is no subsidiary Company of LML Limited as on 31st December, 2010.

We have No Subsidiary Company.

Continued to complied with, for the year ended 31.03.10 and onwards.











- YES YES YES YES NA YES

The company has no subsidiary company.


YES YES YES YES YES YES YES- - - - - - -YES YES YES YES YES NA YES


To be complied with. GOI's appointment of Independent Directors is awaited. One IFCI Nominee Independent Director appointed w.e.f. 25.01.2008.

During the quarter, one Audit Committee Meetings was held on October 19, 2010.

The Company does not have a subsidiary.

During the period, there were no related party transactions other than payment of salary to CMD being key managerial personnel, per terms & conditions of GOI appointment which is reported in Annual Report.




Audit Committee is formed and functioning as per the Directives / Guidelines of Reserve Bank of India.

Appointment and removal of external auditor, fixation of audit fees and payment of fees for any other services are governed by the RBI Guidelines and accordingly complied.

Appointment and removal of external auditor, fixation of audit fees and payment of fees for any other services are governed by the RBI Guidelines and accordingly complied.

Bank does not have any 'material non-listed company' as subsidiary.




YES YES YES YES YES NA YESNil Nil Nil Nil Nil Nil NilYES YES YES YES YES YES YES






The company does not have any subsidiary company.










This is being complied with to the extent applicable

Sub-Clause (i) of 49 (iii) is not applicable. Sub clauses (ii) & (iii) are complied for all unlisted subsidiary companies.








At present, the Company does not have any Subsidiary.












The company has five subsidiaries 1. MIC Electronics Inc (USA). (2) Infostep Inc (USA). (3) MIC Technologies (AUS) Pty Ltd (Australia). (4) Maave Electronics Private Limited (India). (5) MIC Green Energy Solutions Private Limited (India).


Compliance with Clause 49 (IIA) (iv) will be carried out at the ensuing AGM.

Company has two Subsidiary companies.






i] All the three Directors/ Members are Non¿Executive and Independent. ii] All the members of the Audit Committee are financially literate. The Chairman Mr. Vimal Bhandari is a Chartered Accountant. He is currently Country Manager, India of AEGON International N V and Director of AEGON India Private Limited. He has been functional head of financial services business of Infrastructure Leasing and Financial Services (IL&FS). Mr. Manoj Maheshwari is an entrepreneur with interests in consumer

During the Financial Year 2010-11, Audit Committee Meetings was held on May 03, 2010, July 30, 2010 and October 22, 2010 with minimum of two independent members present and in a time gap of not more than four months between two meetings. The next meeting of committee is. scheduled to be held on January 28, 2011.

Keeping in view the Amendments in Clause 49 of the Listing Agreement the Audit Committee has been empowered with the following powers: a) To investigate any activity within its terms of reference. b) To seek information from any employee. c) To obtain outside legal or other professional advice. d) To secure attendance of outsiders with relevant expertise, if it considers necessary.

The Role of Audit Committee has been redefined in accordance with the provisions of Clause 49 II [D] viz. SI. Nos.1 to 13.

The Audit Committee inter-alia reviews the following information in its meetings as and when applicable: 1. Management discussion and analysis of financial condition for the financial year and results of operations; 2. Statement of significant related party transactions submitted by management; 3. Management letters/ letters of internal control weaknesses, if any, issued by the statutory auditors; 4. Internal audit reports relating to internal control weaknesses; and 5. The appointment, removal and

i] The Company has one unlisted subsidiary viz. Akasaka Electronics Limited. The revised Clause 49 defines a `material non-listed subsidiary¿ as an unlisted subsidiary, incorporated in India, whose turnover or net worth (i.e. paid up capital and free reserves) exceeds 20% of the consolidated turnover or net worth respectively, of the listed holding company and its subsidiaries in the immediately preceding accounting year. The said Indian Subsidiary does not fulfill the criteria of `material non-listed

The company has entered into related party transactions, which are not in conflict with the Company¿s interest, the register of contracts containing the transactions in which Directors are interested and the Statement of related party transactions is placed before the Board periodically for its approval. The details of all transactions with related parties in the manner required to be tabled before the Audit Committee as per the revised Clause 49 of the Listing Agreement are placed before the Committee.





Some reorganisation in subsidiaries is in progress and will be completed shortly to be fully compliant.








Company does not have any material unlisted subsidiary.

Necessary disclosures will be made in the Annual Report.





Audit Committee comprises 3 members. 2 members are independent. The members have financial / Management expertise.

The Audit Committee met once during the quarter.

An Audit Charter is in place covering roles, responsibilities and powers, inter-alia in accordance with clause 49.

An Audit Charter is in place covering roles, responsibilities and powers, inter-alia in accordance with clause 49.

Complied with during quarterly and annual reviews.

There are no material non-listed Indian subsidiaries as on 31 December 2010 and hence the requirement of appointing an independent director on the subsidiary Board is not applicable. Financial Statements and minutes of subsidiaries are reviewed by Board.

Information regarding related party transactions is reviewed by the Audit Committee on an annual basis.



Presently Audit Committee comprises of three independent directors (including chairperson). Director (Finance) and GM(Internal Audit) are regular invitee to the Audit Committee.

Audit Committee meetings are held regularly as per the Listing Agreement.

MTNL is not having any material non-listed Indian subsidiary Company.








YES YES YES YES YES NA YESNil Nil Nil Nil Nil Nil

As there is no subsidiary companies

The information as may be applicable will be placed at the meetings of Audit Committee, as and when and to the extent applicable from time to time.

Complied in the Annual Report upto 31 March 2010.



Complied with Complied with Complied with Complied with Complied with Not Applicable Complied with








The provision on the Basis of related party transactions for financial year ended December 31, 2009 will be complied in the next Annual Report.

The provisions on Basis of related party transactions for financial year 2010-2011 will be complied in the next Annual report.

No Subsidiaries.












The company does not have any subsidiary.

Will be Complied Next AGM.

Complied with Complied with Complied with Complied with Complied with Not Applicable




Will be complied with at appropriate time. Will be complied with as and when situation arises.









The Powers has been granted to the Audit Committee at the time of its constitution.

The committee is excersing its role as defined.

The Information is placed before the Meeting of the Committee as and when the same is held.

There is not any unlisted Indian subsidiary of the Company. The Company is complying the applicable provisions on foreign subsidiary.

The necessary information will be placed before the Audit Committee as and when arises.





YES YES YES YES YES YES NONA NA NA NA NA NA NAYES YES YES YES YES YES YES



Members of the audit committee are as per the provisions of clause 49(IIA)read with the provisions of Companies Act,1956.

Meetings of the audit committee are conducted as per the provisions of clause 49(IIB) read with the provisions of the companies Act,1956.

The powers of audit committee includes the powers stated under clause 49(IIC) read with the provisions of the companies Act,1956

The role of audit committee includes the points given under clause 49(IID) read with the provisions of the companies Act,1956

The matters reviewed by audit committee include the information given under Clause 49 (IIE) read with the provisions of the Companies Act, 1956.

The company does not own any subsidiary companies.


at present No "material non-listed Indian subsidiary as defined.



Constituted out of the members available on the Board. The company is pursuing with the administrative Ministry to reconstitute the Board as per SEBI/DPE Guidelines.





Except approval of appointment of CFO. Since NHPC is a Govt. Company and Directors are appointed by the President of India.

The information as may be applicable was placed at the meetings of Audit Committee, as and when and to the extent applicable from time to time.





YES YES YES YES YES YES YESComplied Complied Complied Complied Complied Complied Complied


There is no Subsidiary Companies.

The Audit Committee comprises of 3 members of which 2 are independent Non-Executive Director and 1 is Executive Director. The Chairman of the Committee is Independent Director.

NC middle east FZE.

Related Party Transactions of 2009-10 have been diclosed in the Annual Report of 2009-10 and for the quarter December 31, 2010 shall be diclosed in the Annual Report of 2010-11.






Audit Committee comprised three members. Two are independent diretors and one is Executive Director and all of them have the relevant accounting & financial management expertise.

During the financial year 2009-10 upto march 31, 2010 the Audit Committee met 4 times on May 21, 2009 July 16, 2009 October 27, 2009 and January 20, 2010 and the gap between two meeting did not exceed 4 months.

The term of reference of the Audit Committee of Directors include the matters referred to in this sub-clause and Section 292A of the Companies Act, 1956.

The term of reference of the Audit Committee of Directors include the matters referred to in this sub-clause and Section 292A of the Companies Act, 1956.

The relevant information as referred in this sub-clause is submitted to the Audit Committee for their review on an ongoing basis.

(1) Alert-Fire Protection Systems Pvt. Ltd. (2) Eurotech Cylinders Pvt. Ltd. (3) Logicon Building Systems (P) Ltd. (4) Nitin Venture LLC, (UAE) .(5). Nitin Global Pte. Ltd. (6) New Age Co. LLC (UAE).

Statement in respect of the related party transactions will be tabled at the meeting of the Audit Committee of Director to be held for approving the Audited Annual Financial Results of the Company.




YES YES YES YES YES NA -NIL




The subsidiary company is not a material non-listed Indian Company, however, consolidated financials are reviewed by the Audit Committee and minutes of subsidiary are placed at Board Meetings of the Holding Company.

The Chairman of the Audit Committee is an Independent Directors & more than 2/3 members of this committee are independent directors.

There is no material non listed Indian Subsidiary of the company.






The company has no subsidiary.

No material Indian Subsidiary.

As per the newly inserted sub clause 12A to clause 49 II D of the listing agreement, appointment of the CFO is to be made by the Audit committee of the Board. A clarification was sought from SEBI regarding applicability of sub clause 12A to clause 49 IID to the govt. companies. SEBI through email dated 22.04.2010 has clarified that in cases where any of the provisions relating to Corporate Governance is not applicable to Govt. companies such companies shall provide remark to this effect in the

The Company does not have any Subsidiary






The Audit Committee of the Board was formed in the meeting of the Board of Directors held on August 13, 2001. The Audit Committee of the Board comprises of 3 Independent and financially literate Directors. The company holds Audit Committee meetings each quarter before adoption of results and has met 6 times in the current financial year till date. The Audit Committee performs all functions as enumerated in clause 49.





The company does not have any material Indian unlisted subsidiary company as on the date of this report . The audit committee reviews financial statement of all unlisted susidiaries and their Board minutes are placed in the company's Board meeting.

A summary of all transactions with related parties , material individual transactions with related parties, if any are placed before the Audit Committee.







The Constitution of Audit Committee:(1) Mr.Y.M.Kale -Non-Chairman of the Committee.(2) Mr.William T.Comfort Jr.- Member. Non-Executive & Non-Inddependent Director : (3) Mr. William Corey West - Member

The Company does not have "material non-listed Indian Subsidiary" Company as defined under Clause 49 of the listing agreement.

Audit Committee consists of 3 Independent Directors and Chairman is the qualified member.

One Meeting was held during third quarter ending December 31, 2010.

Powers exercised

Effectively organised by discussing with Auditors etc.,

Quarterly review is done.

No Subsidiary Companies.

Complied in Annual Report for the year 2009-10.




The Company does not have any non listed Indian subsidiary Company.

There is no material un-listed Indian subsidiary.








In the absence of a Company Secretary one of the directors acts as a Secretary to the Committee. Relevent reporting will be made in Annual Report for the year 2010-2011.

Relevant reporting will be made in Annual Report for the year 2010-2011






At present, the Company has neither any holding nor any subsidiary company.






The Bank has formed a six member Audit Committee as per the directions of RBI and presently comprises of 5 members details is given below : RBI Nominee 1(One), Govt. of India Nominee - 1(One), Executive Director - 2 (Two), Shareholder Directors-1(ONE). The Chairman of the Committee is an independent director.

The Bank has no subsidiary and hence not applicable







Complied in the 19th Annual Report for the year 2009-10.






Since Our Board had 2 Independent Directors who were also the members of the Audit Committee. As per clause 49(I) (C) (iv) we have the time for appointing a new independent director within a period of not more than 180 days from the day of such resignation. Once appointed to the Board the new independent Director will be a member of the Audit Committee.

N.A.



Audit Committee comprises of three independent directors. All members of the committee are financially literate; two of them are having accounting and related financial management expertise.

During the year 2010 till 31st December 2010, 5 Audit Committee Meetings were held on 27/01/2010, 10/03/2010, 27/04/2010 30/07/2010 and 29/10/2010.

Audit Committee has all the powers, to carry on their work effectively and efficiently.

Audit Committee plays its roles as described in Clause 49.

Audit Committee reviews the information as set out in this sub-clause.

Summary of all related party transactions are placed periodically before the Audit Committee.

Composition of the Audit Committee:Mr. Pardeep Diwan - Independent Director (Chairman) Mr. Inder Bir Singh Passi ¿ Independent Director (Member) Mr. Pranav Gupta - Non Independent and Executive Director (Member)

The Meeting of the Audit Committee was held on November 08th 2010 during the quarter ended on December 31st, 2010.


YES YES YES YES YES NA YESComplied With Complied With Complied With Complied With Complied With Complied With






There is no material Non Listed Indian Subsidiary Company of the Company and hence the comments are not required.

There is no Indian Subsidiary Company.









Company does not have material non listed Indian subsidiary company.




YES NO YES YES YES YES YESNA NA NA NA NA NA



Company does not have any material unlisted subsidiary.

All three members of the Audit Committee were present for the meeting. Though one of the Independent Director was present for the entire meeting of the Audit Committee through teleconference.




The Company has no Subsidiary Company.

Except clause (i) which is not applicable.






No Subsidiaries

The Audit Committee comprises of 4 members. The Chairman is an Independent Director. All 4 members have in depth knowledge in the field of accounts / finance.

The audit Committee meets at least once every 4 months with a maximum time gap of 4 months between any two meeting.

The Audit committee is empowered to investigate activities within its scope, seek information from employees and other professional advice / expertise.

Disclosed to Audit committee on quarterly basis and in the notes to the Financial Statements

Not applicable.





The company does not have any "material non-listed Indian subsidiary" Requirements of subclauses (ii) & (iii) are complied with.




The company does not have any "material non-listed Indian subsidiary" Requirements of sub-clause (ii) & (iii) are complied with.

All matters specified in this sub-clause are considered by the Audit & Risk Committee at the relevant meetings, at which such matters are considered. For eg: matters relating to Annual Financial Statements will be discussed at the Meeting at which Annual Financial Results are considered by the Audit Committee.

All matters specified in this sub-clause are considered by the Audit & Risk Committee at the relevant meetings, at which such matters are considered. For eg: matters relating to Annual Financial Statements will be discussed at the Meeting at which Annual Financial Results are considered by the Audit Committee.

No Subsidiary








Governed by RBI Directives/Listing Agreement





Complied with in the Annual Report.

PNB Gilts Ltd. does not have any subsidiary.

Members of the audit committee are as per the provisions of Clause 49(IIA) read with the provisions of Companies Act, 1956.

Meeting of the audit committee are conducted as per the provisions of Clause 49(IIB) read with the provisions of the Companies Act, 1956.

The powers of audit committee includes the powers stated under Clause 49(IIC) read with the provisions of the Companies Act, 1956.

The role of the audit committee includes the points given under the Clause 49(IID) read with the provisions of the Companies Act, 1956.

The matters reviewed by audit committee include the information given under clause 49(IIE) read with the provisions of the Companies Act, 1956.

The Company does not own any subsidiary companies.









Continued Compliance.

Compliance with shall be continued in the Annual Report for 2010-11.

Whistle Blower Mechanism is not introduced. Complainants however have unrestrained access to non-executive Chairman / COO/CFO at Plant and MD at Head Office.





* Except clause 49 (II) (D) (12A). It is informed that in line with the provisions of Articles of Association of POWERGRID, the whole-time Functional Directors of the Company including that of Director (Finance) referred to as CFO are appointed by the Administrative Ministry through Public Enterprise Selection Board.

As on date, below mentioned Subsidiary companies do not fall under the scope of 'Material Non-Listed Indian Subsidiary'. POWERGRID has incorporated a 100% subsidiary Company named Power System Operation Corporation Ltd. on 20th March, 2009 for independent system operation with separate accounting and Board structure. The Company has obtained the Certificate of Commencement of Business on 23.03.2010. Further, vide notification dt. 27.09.2010 under sections 27(2) of

This Company does not have Subsidiary Company.

The Company does not have subsidiary Company

Company has no 'material non-listed' Indian subsidiary companies* (based on 31.3.2010. Audited Figures).













Company has no subsidiary Companies.

Will be complied at the Annual General Meeting.









YES YES YES YES YES YES YESN.A N.A N.A N.A N.A N.A N.A



The Company does not have any material unlisted subsidiary.

There is no material non-listed subsidiary company for the accounting year ended March 31, 2010.

To be complied at the time of Annual general meeting.




Qualified and Independent Audit Committee is in place.

The Audit Committee had 1 meeting during the quarter.

Our company does not have any subsidiaries as on 31.12.2010.

As on the date of filing of this Report, the Company does not have any Subsidiary.

YES YES YES YES YES NA YESDuly Complied Duly Complied Duly Complied Duly Disclosed




The Audit Committee consists of the following Directors as members : Mr. G. S. V. Subba Rao, Chairman (Non-Executive and Independent Director). Mr. GR Karthikeyan, Member (Non-Executive and Independent Director). Mr. R. C. H. Reddy, Member (Non-Executive and Independent Director). Mr. Raja MJ Abdeen, Member (Non-Executive and Non-Independent Director).

Duly constituted.

Duly called and held.

The Company has no subsidiary

The Chairman was present at the AGM held on 15th June, 2010.

Framework exists for review, in case there is a need. No such default has occurred.

No Subsidiary.



YES - YES YES - NA YES






Disclosed in Annual Report.

No subsidiary company



The company has three listed subsidiaries and one non-material unlisted subsidiary.There is no material unlisted subsidiary.




Related party transactions are reported in the Annual Report for the year 2009-10 on page No. 40.

NO YES YES YES YES NA YES


NO YES YES YES YES NA YES

YES YES YES YES YES YES YESNIL NIL NIL NIL NIL NIL NILYES YES YES YES YES NA YES

There are no independent directors on the board of the Company

Since the tenure of 2 Independent Directors who were members of 3 - Member Audit Committee, expired on 19.12.2010, the Audit Committee will be reconstitute on appointment of new directors.

Disclosure as per Accounting standard made & reported in Accounts.






49 III ii and iii complied with 49 III I is not applicable since the subsidiary company is incorporated outside India.



Established. Complied. Empowered. Complied. Complied.

YES YES YES YES YES YES YESComplied with Complied with Complied with Complied with Complied with Complied with Complied with




Role of Audit Committee has been specified.

The Audit Committee reviews all the informations as specified.








Please refer to the Corporate Governance Report forming part of Annual Report for the year ended 31st March 2010 and also Annexure to notice giving particulars of the directors reappointed.

Please refer to the Corporate Governance Report in our Annual Report for the year ended 31st March 2010.


Please refer to the Corporate Governance Report in our Annual Report for the year ended 31st March 2010. The New clause 49 II) (D) (12A) Approval of the Audit Committeee to appointment of CFO has also been included.


The Company has no subsidiary Company.


Established. Complied. Empowered Complied.






Role of Audit Committee has been specified.

The Audit Committee reviews all the information as specified.

The Company did not have any subsidiary during the quarter.

As and when required.

Don't have Subsidiary Company.









It is as per clause 49 of the Listing Agreement and also as per the provisions of the Companies Act, 1956.





YES YES YES YES YES - YESNot applicable




The Company has no Subsidiary as on date.

The Company has No subsidiary.

Being placed at Audit Committee/Board Meeting on a quarter basis.

The company has no Subsidiary company.





The company at the ensuing Board Meeting on 25.01.2011 will inter alia consider and approve the induction of one of its independent directors on the Board of S&S Power Switchgear equipment Limited, a material unlisted subsidiary company.

The Company has four foreign subsidiaries viz. Sabero Australia Pty. Ltd., Sabero Europe B.V. Sabero Argentina S.A. and Sabero Organics America Ltda.

Disclosed in the Annual Report for the Financial Year 2009-2010 and shall be disclosed in the Annual Report for the Financial Year 2010-2011.

The Company does not have any materially substantial non-listed subsidiary companies.










No Subsidiary Co's.,

- Sub clause 12 (A) of clause 49 II (D) requiring approval by Audit Committee of appointment of whole time Finance Director is not applicable to Government Companies, as the Director on Government Companies are appointed based on nomination by the Government of India.




The condition (iv) of the clause has been complied with. The Annual General Meeting for the year 2009-10 held on 04.08.2010. Mr. Subodh Bharagave, Chairman of the committee attended the Annual General Meeting of the company for the year 2009-10 which was held on August 8, 2010 and was available on the dais during Annual General Meeting and responded to the queries raised by the shareholders in that meeting. The same clause shall also be complied with in ensuring Annual General

Committee met on 10.11.2010 during the quarter. Mr.Subodh Bhargava, Chairman of the Audit Committee presided the meeting . The Company taken care for Qourum of the Audit Committee. The other members of the Audit Committee. The other members of the Audit Committee are Mr. S P Gugnani & Mr. Sharad Srivastva (LICI Nominee).


YES YES YES YES YES NA NANil Nil Nil Nil Nil Nil


Our Company has no subsidiary.


Already complied in the Annual Report for the Year 2009-2010.







As per listing agreement and the Companies Act, 1956.






As per RBI As per RBI As per RBI As per RBI As per RBI - -


With reference to Directors Report for the year ended 31.03.2010 : The applicable accounting standards were followed and in relation to Scheme of arrangement, the Order of the HC of Karnataka has been followed. Given in CG report, Did not arise, Being done at regular intervals, Internal Audit is being carried out by M/s Aneja Associates, and external and independent firm of Chartered Accountants., Will comply when the need arise, Statutory Auditors are invited to make presentation to Audit Committee at its when

Reviewed at the meeting held on April 22, 2010. Reviewed as part of the annual financial statements. Forms part of the Internal Audit Report placed and discussed at the Audit Committee Meeting. Company has appointed external Chartered Accountants as Internal Auditors based on the recommendations of the Audit Committee.

Company does not have a material unlisted subsidiary in india. Done as part of review of financials of the subsidiaries. Update on the businessof all the subsidiaries is presented at the Board meeting and minutes are tabled at the meeting.

Forms part of the Financial Statements. Will Comply when the need arises.

Compliance appears in the Annual Report of the Company for the year 2010-11.

{49(III) i)} is not Applicable.




To be certified on an annual basis alongwith Bank's Annual Financial Statements.

As per guidelines issued by RBI.

As per guidelines issued by RBI

As mandated by RBI.

As mandated by RBI.


Complied. Complied. Complied. Complied.





Complied. The Company constituted an Audit Committee on 26th February, 2001 under the chairmanship of an Independent Director. The said committee was reconstituted on 13.03.03 , 25.07.03 ,19.04.06 and 18.04.07. The Constitution of said Committee meets the requirement of provisions of Companies Act as well as requirements of SEBI. In last AGM held on 20th July, 2010, Chairperson Audit Committee was present. Chief Financial Officer, who is the head of Finance presents at each meeting.

Complied.The company does not have an Internal Audit Department. Internal Audit is carried out by Internal Auditor. Management discusses with Auditors on scope and conduct of Audit before commencement. Post audit discussions are made with Audit Committee. The company does not have Depositors and Debenture holders.


The company has no subsidiary.

The Company does not have any Subsidiary.





YES YES YES YES YES NA YESComplied Complied Complied Complied Complied N.A. CompliedYES YES YES YES YES NA YES








Whistle Blower Mechanism is not introduced. Complainants, however, have unrestrained access to the Executive Chairman and Managing Director at the Plant.

Two Independent Directors and one Executive Director.

Last meeting was on 12.11.2010.

Not applicable as the subsidiary is incorporated outside India.

Summary of transactions placed at the Audit Committee meeting.





(1) SLCL Overseas (FZC). (2) Shri Lakshmi Defence Solutions Ltd. (3) Shri Lakshmi Nano technologies Ltd.




The Audit Committee comprises of Four Non executive Board members. They are Mr. Deepak Ghaisas (Chairman), Mr. Ravi Raheja, Mr. Shahzaad Dalal and Mr. Nitin Sanghavi. Three members i.e. Mr. Deepak Ghaisas, Mr. Shahzaad Dalal and Mr. Nitin Sanghavi are non executive Independent Directors. All members of audit Committee are financial literate and have accounting and financial management expertise. The Chairman of Audit Committee was present at

The Audit committee had met 4 times during the year 2009-10. The time gap between any two meetings was less than 4 months. It will be ensured for the subsequent years as well.

The requisite powers have been provided to the audit committee as prescribed under this clause.

The role and functions of audit committee has been prescribed as provided under the clause.

The Audit Committees review the prescribed information from time to time.

The Clause 49 of Corporate Governances defines a 'Material Non-Listed Indian Subsidiary' as an unlisted subsidiary, incorporated in India, whose turnover or net worth (i.e.paid-up capital and free reserves) exceeds 20% of the consolidated turnover or net worth respectively, of the listed holding company and its subsidiaries in the immediately preceding accounting year. In this regard, the Company does not have any material non-listed Indian subsidiary. The Board of Directors of the Company review the

The necessary disclosures are being made to the Audit Committee from time to time.


NIL NIL NIL NIL NIL NA NILYES YES YES YES YES YES YES





Are being placed periodically before the Audit Committee.

Subsidiary (Shriram Housing Finance Limited) Incorporated on 9th November 2010 and yet to commerce Business.




Complied to that extent applicable to one subsidiary. will be complied in the subsequent Quarter reporting on applicability for other subsidiaries.

The Audit & Finance Committee Meetings are held more than 4 times with maximum gap not exceeding 4 months and proper quorum is present.

The Audit Committee has been given all the power as per clause 49 of the listing agreement besides other powers

The role of the Audit Committee includes all the Functions as per Clause 49 of the Listing Agreement.

The Audit Committee reviews all the information as listed in clause 49 of the Listing Agreements.

The Company has one subsidiary namely, Shyam Telecom Inc. USA. However, being Company incorporated outside India, the requirements as per Clause 49 (III)(i) is not applicable, Other requirements are being complied with.

Details of the transactions with related parties, which are in the normal course of business and which are not in the normal course of business are disclosed to the Audit and Finance Committee of the Company periodically.










No Subsidiary





SJVN Limited does not have any subsidiary company

So far no related party transaction arisen.






(1) The Company has an audit Committee comprising qualified and independent directors as members. (2) The Committee consists of 3 non-executive directors of which two are independent directors. (3) All members of audit committee are financially literate.(4) The Chairman of Audit Committee is an independent director.

The Committee held a meeting during the quarter.

The committee has been delegated with necessary powers as stipulated in the Listing Agreement.

The role of the Committee is as stipulated in the Listing Agreement.

The Committee reviews all information as contained in the Listing Agreement.

The company does not have a material non-listed Subsidiary. The Audit Committee of the holding company periodically reviews the financial statements of unlisted subsidiary company.The Investments, if any by subsidiary is also reviewed by the Audit Committee as and when the investment is made. There is no investment by the unlisted subsidiary during the quarter. The minutes of the Board Meetings of the unlisted subsidiary are periodically placed before the Board meeting of the listed holding company. A

(1). A Statement of transactions with related parties in the ordinary course of business is periodically placed before the Audit Committee. (2) There was no material individual transactions with related parties which are not in the normal course of business to be placed before the Audit Committee. (3) There was no material individual transactions with related parties which are not on an arm's length basis that are required to be placed before the Audit Committee.




NA NA NA NA NA NA NA














YES YES YES YES YES YES YESComplied with Complied with Complied with



The Company does not have material-non-listed Indian subsidiary Company.

The Company has no subsidiary Company.

Will be done for this quarter onwards.

Independent audit committee:- Comprising of two non executive Directors and one executive Director, and all the members are accounting literate.

One meeting at least in each quarter

Complied with, all the powers as per clause 49.

As per clause 49






Srei has an independent Audit Committee complying with all the requirements.





The Company does not have any material non-listed Indian subsidiary. The minutes of Board Meetings and investments made by all subsidiary companies of the Company are being regulary placed before the Board / Audit Committee of the Company.

Related party transactions are being placed before the Audit Committee.

There is a material non listed subsidiary company.


YES YES YES YES YES YES YESNil Nil Nil Nil Nil Nil NilYES YES YES YES YES NA YES



Chairman Dr. (Mrs.) B. Kinneramurthy (Independent Director).

STCL Ltd, Bangalore.





Audit Committees is setup to review financial results and its reports are being regularly filed with stock exchanges.

Meeting of Audit Committee are held quarterly to review the financial results of the company.

Audit Committee has been given sufficient power to perform as per term of reference.

Audit Committee is playing its defined role as required by the listing agreement.

The Audit Committee is reviewing the information periodically.

The Company does not have any subsidiary company.

Adequate disclosures have been provided in the Annual Report of the Company 2009-10 and will be complied with in the next Annual Report also.

The Committee is regular in holding meetings. In last quarter, Audit Committee Meeting was held on 22nd October 2010 and 23rd November 2010.





Qualified and Independent Audit Committee is setup to review financial results and its report are being regularly considered by the Board.

Meeting of Audit Committee are held quarterly to review the financial results of the company.

Audit Committee has been given sufficient power to perform as per term of reference.

Audit Committee is playing its defined role as required by listing agreement.

The Audit Committee is reviewing the information periodically.


Adequate disclosures have been provided in the 25th Annual Report of the Company for the year 2009-10 and will be complied with in the next Annual Report for the year 2010-11 also.

N.A. as the subsidiaries of the company are non material non listed companies.

Will be covered in next Annual Report.


YES YES YES YES YES YES YESThailand



Complied to the extent relevant.









The company does not have any 'material unlisted subsidiary' as defined in the Listing Agreement.



No subsidiary






will be placed periodically before the Audit committee and disclosed in the Annual Report of 2009-2010.





For the year 2010-11, will be complied in the Annual Report 2010-11.




N.A. N.A. N.A. N.A. N.A. N.A. NIL






The subsidiaries are not material subsidiaries

Subsidiary company is not a material unlisted Indian subsidiary company in terms of clause 49 (III).

The Turnover and net worth of the subsidiary Company, (incorporated outside India) is far less than 20% of the consolidated turnover and net worth, in the immediately preceding accounting year, hence Clause 49(III) is not applicable.






Audit Committee comprises of five members of the board. of which four Directors are Independent directors.

Was complied with in the previous year Annual Report and will be complied with in the next Annual Report for the year 2010-2011.

The Minutes of the Subsidiary Companies will be placed before the Board during the consideration of Annual Accounts & as and when the Board of the Subsidiary meets.

Details placed on case-to-case basis.


Not ApplicableYES YES YES YES YES YES YES







YES YES YES YES YES - -Not applicable Not applicable


Shall form part of the Annual Report 2010-11.





Complied with. The Audit committees is duly constituted in terms of RBI Guidelines on Audit Committee in PSBs.

The Audit committee oversees quality control of internal audit and inspection within the Bank and follow up on the statutory/ external audit of the Bank and Inspection of RBI. The committee reviews a) the internal inspection/audit functions in the Bank b) The inspections reports of specialized and exceptionally large branches and all branches with unsatisfactory ratings c) The quarterly financial statements before they are submitted to board for approval. Hence complied with.

Periodical meetings were held by the Audit Committee and the information / reports placed before it are reviewed and analyzed.

Material non-listed Indian Subsidiary is defined in the Clause as the Subsidiary whose turnover or networth exceeds 20% of the consolidated turnover or networth of the listed holding company and its subsidiaries in the immediately preceding accounting year. Bank's BPO was incorporated on 25.01.2006 and the paid up capital is only Rs.25.00 Lakh. The turnover the Company for the year ended 31.03.2010 was Rs 249.68 Lakh. Hence, not applicable. The Fourth financial year of the Subsidiary Company

Bank has a system of reporting such transactions by exception, as per which notes relating to such transactions are placed before the Audit committee. Hence, Complied with.

Company do not have any material non-listed indian subsidiary Companies as defined in clause 49 III of the Listing Agreement.


As per law As per law None



Company has an Audit Committee comprising of 5 Non-Executive Directors out of which 4 are Independent, all having required accounting / finance expertise.

Held on 12th November, 2010.

The company has three subsidiary companies.


YES YES YES YES YES YES YESNA













Is being/ will be complied, when applicable.



The company does not have any material non listed Indian subsidiary as defined in clause 49. Audit committee reviews the financial statements of non listed subsidiaries while considering annual accounts. System of placing minutes of board meetings of unlisted subsidiaries have been introduced from January 01, 2006.

System introduced from 1.1.2006.







An independent Director of the Board is a director on the Board of Subsidiary. Minutes of the Board Meeting of the unlisted subsidiary company TMKPL is placed before Board of TML.





Complied in the last Annual Report.

The Company does not have any material unlisted subsidiary company.










Audit Committee comprises of Three members and out of which two are Independent Directors and all are Financially Literate and all the members have accounting or related financial management expertise and atleast one member have requisite financial and management expertise. The Chairman of the Audit committee is an Independent Director.

Meetings of Audit Committee duly held

Powers of Audit Committee duly defined and the same are as per clause 49 II(C) of Listing Agreement.

Role of Audit Committee duly defined and the same are as per clause 49 II(D) of Listing Agreement.

Required review is done regularly.


Disclosures of any related party transactions are placed periodically before the Audit Committee and are also disclosed in the Audited Annual Accounts.






One Wholly - owned Indian subsidiary company is Incorporated on November 03, 2010. The said subsidiary does not come under the criteria of 'Material Non-listed Indian Subsidiary Company'.




Qualified and Independent Audit Committee has formed.

Meeting held as per Clause 49 II (B).

Audit Committee has the power as mentioned in the Listing Agreement.

Same as specified in the listing Agreement.

Same as specified in the listing Agreement.

The Company does not have material non listed Indian Company.

During Every quarter there are transactions of martial nature with the related parties which were placed before the Audit Committee.










The information as applicable are being placed at the relevant audit committee meetings.






YES YES YES YES YES YES YESComplied with Complied with Complied with Complied with






Continued Compliance

Complied with in the Annual report for the year 2009-10. Compliance shall be continued in the Annual Reports, in future.

Disclosed in Annual Report '2009-2010'.








(i) N.A.- The Company has no material non-listed Indian Subsidiary Company.

The company does not have any material non-listed Indian subsidiary Company.

The Powers are as per the listing Agreement and terms of reference.

The role of the Committee is as per the listing Agreement and terms of reference.

The role of the Committee is as per the listing Agreement and terms of reference.

All the related party transaction has been properly scrutinized irrespective of value and all deviation of materially significance and established industrial norm analyzed in the meeting.







The company does not have any 'material unlisted subsidiary' as defined in the Listing Agreement.




Will be Complied.

Being Complied as and when applicable.

Detail will be furnished in the Annual Report.






Non material non listed





The terms of reference/ Role of the Audit Committee are defined in RBI Circular No. Dos. No. 5/16.13.100/94 Dated 9th April, 1994 and DoS No. 14/ADMN/919/16.13.100/95 dated 26.09.1995 and our Bank is compliant with the guidelines contained in the circular.

The functions of the ACB are set out in RBI Circular dated 26th September 2005 and our Bank is following the same.

Audit Committee reviews all information / matters as prescribed by the Reserve Bank of India.

We do not have any subsidiary company






Committee consists of 2 independent directors and 1 dependent Director. All are financially literate and 2 of them are financial management/accounting experts. The Company secretary acts as the Secretary of the Committee.

Meeting norms were complied with.

The committee was empowered with the prescribe powers.

The Committee played the prescribed role.

Committee reviewed the information as stipulated.

Norms are complied with.

Are given effect to, if such transactions are there.

The Audit Committee is constituted as per instructions of Reserve Bank of India.

Audit Committee is in existence and functioning in accordance with RBI Guidelines.




YES YES YES YES YES YES YESNot Applicable




All members are independent directors.

Duly conducted

Have the specified powers

Have the specified Role.

Mandatory reviewed by the Audit Committee


Discussed at the Board and periodically present before Audit Committee.

With the inclusion of the two newly appointed/elected independent directors in the committee the constitution of the Audit Committee is currently as per the provision of Clause 49 (IIA).

The Audit Committee met once during the quarter on 15.11.10.

As prescribed by Reserve Bank of India.

As prescribed by Reserve Bank of India.

There are 14 Subsidiary Companies.



Committee consists of 3 directors all of whom are independent. All are financially literate and one of whom is having accounting or related financial management expertise. Audit Committee Chairman was present in the last AGM Company Secretary acts as the Secretary of the Committee

Meetings norms are complied with.

Power of audit committee as stipulated

Role of audit committee as stipulated

Audit Committee reviewed the information as stipulated.

Presently there are no such material non-listed Indian Subsidiary Company. however for unlisted subsidiary companies, compliances relating to review of financial statements and placing of board minutes etc are being followed.

Given effect to, if such transactions are there.












Relevant reporting will be made in the Annual Report for the Financial Year 2010-11.










Not applicable as company does not have any subsidiary





The Audit Committee of the Company consists of three non-executive Independent directors and one Executive Director, all having expertise and good experience in the areas of Finance. The Chairman of the Audit Committee is an Independent Director.

Audit committee members meets periodically to review the quarterly unaudited results of the company and the Internal Audit reports.

The Audit Committee exercises all the powers conferred on it by the Board.

The Audit Committee members carry out the functions meticulously and review the entire financial operations of the company including internal audit control measures. Appointment of CFO has been done with the approval of the Audit Committee.

All mandatory items are invariably reviewed by the Audit Committee members at their meetings.

No subsidiary companies

A statement detailing transactions entered with the related parties in the ordinary course of business is placed before the Audit Committee of the Company on a quarterly basis and all transaction entered in to for the entire financial year2009-2010has been given in schedule 21 i.e Notes on Accounts in the Annual Report 2009-10.

Complied Complied Complied Complied Complied Complied






Bank does not have any subsidiary company at present.






The Audit Committee consists of 3 members. Out of 3 members 2 members are independent & Non Executive Directors. All the members of the Audit Committee are financially literate. The Chairman of the Audit Committee is an Independent Director & is having professional qualifiaction.

Meeting of the Audit Committee was held once in the quarter on 14th November 2010. The Committee reviewed the un-audited Financial Results for the quarter ended on 30th September 2010.

The Audit Committee has been given powers as specified in clause 49(IIC) and Section 292 of the Companies Act, 1956.

The Audit committee has been working as per the terms of reference made by the Board and in particular as per the clause 49(II D) of the Listing Agreement.

The Audit Committee has been reviewing :- a) Financial Statements, Draft Audit Report, Quarterly and Half yearly and yaerly financial results. b) Management discussion and analysis of financial condition and result of operation. c) Compliance with Laws and risk Management. d) Report on internal control weakness issued by the statutory / internal Auditor. e) Records of the related party transactions. f) Financial statements of Subsidiary Company and Board minutes of the subsidiary company.

Company has only one wholly owned subsidiary Company viz Partyline Products Private Limited, which is not a Material non-listed Indian Subsidiary Company.

A statement on transactions with related parties with no transactions during the quarter was placed before the Audit Committee.


Mr. Shiv Dayal Kapoor, Non-Executive & Independent Director of Visa Steel Limited has been appointed on the Board of VISA BAO Limited w.e.f. October 29, 2010 since VISA BAO Limited is a "material non-listed Indian subsidiary" in terms of the provisions of the Clause.

YES YES YES YES YES YES YESN.A. N.A. N.A. N.A. N.A. N.A.


The audit Committee is chaired by an Independent Director who is Chartered Accountant and all other members of the Audit Committee are also financially literate. 2/3rd of the total members of audit committee are independent directors. Furthermore, Company Secretary of the Company acts as Secretary to the Audit Committee. All other compliances made under this clause are disclosed in the Annual Report of the Company.

The Audit Committee meets atleast 4 times a year with quorum of atleast 2 independent members.

The Audit Committee of the company has the power to investigate, seek information and obtain legal/professional advice and to secure the attendance of outsiders and as when necessary.

The Audit Committee reviews quarterly/annual financial statement, discloses financial information and also recommends to the Board on various matters.

Audit committee periodically reviews Management Discussion and Analysis, significant Related Party Transactions, Statutory Audit Report and Internal Audit

The company has no subsidiary company.

Related Party Transactions are being placed before the Audit Committee and these transactions are not in conflict with the interest of the Company.

Relevant provisons regarding the same have been complied with. The Company does not have any Material Unlisted Subsidiary Company, as on quarter ended December 31st, 2010.







Members of the audit committee are as per the provisions of Cluase 49(IIA) read with the provisions of Companies Act, 1956.

Meetings of the audit committee are conducted as per the provisions of Clause 49(IIB) read with the provisions of the Companies Act, 1956.

The powers of audit committee includes the powers stated under Clause 49(IIC) read with the provisions of the Companies Act, 1956.

The role of the audit committee includes the points given under the Clause 49(IID) read with the provisions of the Companies Act, 1956.

The matters reviewed by audit committee include the information given under Clause 49(IIE) read with the provisions of the Companies Act, 1956.

The company has a subsidiary company.


NO ANY SUBSIDIARY COMPANY

Members of the audit committee are as per the provisions of Clause 49 (IIA) read with the provisions of Companies Act, 1956.

Meetings of the audit Committee are conducted as per the provisions of Clause 49 (IIB) read with the provisions of the Companies Act, 1956.

The powers of audit committee includes the powers stated under Clause 49 (IIC) read with the provisions of the Companies Act, 1956.

The role of the audit committee includes the points given under Clause 49 (IID) read with the provisions of the Companies Act, 1956.

The matters reviewed by audit committee include the information given under clause 49 (IIE) read with the provisions of the Companies Act, 1956.

The Company has subsidiary companies.





Not applicable since there is no Indian subsidiary company.







N.A.

YES YES YES YES YES YES YESNIL NIL NIL NIL NIL NIL NILYES YES YES YES YES NA YES

Audit Committee comprises of 3 non-executive directors, out of which two are independent Directors.

Meeting was held on 22-11-2010.

Continuous Process.

Continuous Process.

The company has an Audit Committee of the Board of Directors comprising of 4 independent directors. The Chairman of the Committee is an independent Director. Executives, Statutory Auditors and Internal Auditors of the Company attend meetings of the committee.

Reported in the Annual Report 2009-10.




The audit committee comprises of four directors as members. Three members of the Audit committee are independent directors. All members of audit committee are financially literate and two member of the committee have accounting and financial management expertise. The Chairperson of the Audit Committee is an Independent Director. The Company Secretary acts as the secretary to the committee.

One Audit Committee meeting was held on October 29, 2010 during the quarter ended on December 31, 2010. Gap between two Audit committee meetings never exceeded four months.

The Audit Committee exercises all powers prescribed in Clause 49 of the Listing Agreement and section 292A of the companies Act, 1956.

The Audit Committee is performing a role as contemplated by clause 49II (D) of the Listing Agreement.

The Audit Committee does review information as mentioned in clause 49II(E).

As on December 31, 2010, the company did not have any material non-listed Indian subsidiary company.

A statement in summary form of transactions with related parties in the ordinary course of business was placed before the audit committee meeting held on October 29, 2010.

No Indian Subsidiary Company.





Company has an Audit committee comprising of 4 Directors . and the chairman of the Audit commitee is an Independent non executive Director and he has required accounting /Financial management expe rtise.

During the qaurter one meeting of the Audit commitee was held on 28.10.2010

There is no subsidiary of the company.

Disclosures placed in the Annual report for approval by the shareholder in the 49th AGM of the company sechudled to be held on 19.07.2010 . Related party transaction have been also placed in the Audit commite meeting held on 28.10.2010.

There being no Company Secretary, the Compliance Officer acts as the Secretary to the Audit Committee.



Audit Committee has three directors and all are independent directors. At the last Annual General Meeting held on July 22, 2010, the Chairman of the Audit Committee was present. Exclusive meeting among the Audit Committee members is held every quarter and in all the meetings CFO, Head of Internal Audit and other executives as are appropriate and representatives of Statutory Auditors are present.

During the first quarter 2010-11 , audit commitee were held on April 19, 2010 and May 31, 2010 During the second quarter of 2010-2011, Audit commitee meeting were held on July 13, 2010. and July 21, 2010.August 11, 2010 and september 30, 2010.The next committee meeting is scheduled to be held on January 18, 2011.

The charter of the Audit Committee approved by the Board grants the Powers to Audit Committee as listed in clause 49(IIC).

With respect to the period July 01, 2010 to September 30, 2010, Audit committee reviewed these topics at the meeting held on October 20, 2010 With respect to the period October 01, 2010 to December 31, 2010. Audit committee will be reviewing these topics at the meeting scheduled to be held on January 18, 2011.

With respect to the period July 01, 2010 to September 30, 2010, Audit committee reviewed these topics at the meeting held on October 20, 2010 With respect to the period October 01, 2010 to December 31, 2010. Audit committee will be reviewing these topics at the meeting scheduled to be held on January 18, 2011.

The Indian subsidiary companies of Wipro Limited are not falling in the category of Materiel non-listed Indian subsidiary as the turnover or networth Of Indian subsidiary companies of Wipro Limited do not exceed 20% of the consolidated turnover of Wipro Limited or networth respectively in the immediately preceding quarter i.e. July, 01 2010 to September 30, 2010. For July 01, 2010 to September 30, 2010 quarter, the Audit Committee reviewed the financial statements including the investments, If

Details of transactions entered into the ordinary course of business for the period July 01, 2010 to September 30, 2010 was reviewed by the Audit Committee at its meeting held on October 20, 2010. For quarter October 01, 2010, to December 31, 2010 such transaction will be reviewed by the Audit Committee at its meeting scheduled to be held on January 19, 2011. There are no transactions which are either not at an arm's length basis or not in the normal course of business.





The Bank does not have any subsidiary as on date.

Being reviewed quarterly.

Being reviewed half yearly.

Tabled along with quarterly results.

Would be disclosed in First Annual Report for Financial Year ended 31st March 2011.


YES YES YES YES YES NA NAN.A. N.A.


YES YES YES YES YES NA NAN.A. N.A.


Company does not have any material non listed Indian Subsidiary Company.

Two out of three Directors are independent and qualified.

Meeting held on November 13, 2010.

Being exercised by the committee at its meetings.

Being reviewed by the committee at its meetings.

Done every quarter.

Two out of three Directors are independent and qualified.

Meeting held on November 13, 2010.

Being exercised by the committee at meetings.

Being reviewed by the committee at its meetings.

Done every Quarter







The Company has obtained a certificate from its Statutory Auditors confirming that it does not have any material unlisted subsidiary company in the immediately year i.e. March 31, 2010.

Statement relating to related party transaction will be tabled at the Board meeting to be held for approving the Audited Annual Accounts of the Company.


Company-wise submissions with respect to compliance with provisions of Corporate Governance for the quarter ended December 31, 2010.Management Shareholders

49 IV B 49 IV C 49 IV D 49 IV E 49 IV F 49 IV G 49 VYES YES YES YES YES YES NA

- YES YES YES YES YES YES


YES YES NA YES YES YES YESComplied Complied Not applicable Complied Complied Complied CompliedNA YES NA YES NA YES NA

NA YES NA YES YES YES YES



YES YES YES YES YES YES YESAnnual Report Annual Report

YES YES NA YES YES YES YES

Disclosure of Accounting treatment

Board disclosures- Risk management

Proceeds from public issues, rights issues, preferential issues etc,.

Remuneration of Directors

CEO/CFO Certification

Annual Requirement.

As there was no different treatment, hence no disclosure.

Since the date of listing there is no Audit Committee Meeting Held, Will be complied in the next Audit Committee Meeting.



Complied in the Annual Report for the Financial Year 2009-10.



To augment the long term fund to meet on going capital expenditure and long term working capital requirements.

Complied in the Annual Report for the year 2009-2010.


Disclosures in respect of appointment/re-appointment of director, if any made in the Annual Report for the year 2009-2010.

The Company has not made public issues, rights issues, preferential issues in the recent years.

Necessary disclosures made in the Annual Report. The same would be done in future also.

Complied in the Annual Report . The same would be done in future also.

Complied in the Annual Report . The same would be done in future also.









Deviation, if any, will be reported accordingly

The Company has not made any public issues, right issues, preferential issues etc. in recent past.

Disclosures forms part of Annual Report.

Management Discussion & Analysis Report form part of respective Directors Report.

Complied with at the AGM.

CEO/CFO Certification for the F.Y. 2009-10 have been made to Board.

Compliance Made

Compliance Made

The Company has complied with the same in the Annual Report for the year ended on March 31, 2010.


The necessary certification has been complied with in the Annual Report for the year ended on March 31, 2010.

Disclosure requirements relating to directors' remuneration shall be included in Annual Report for financial year 2010-11.

Management Discussion & Analysis Report shall be published in Annual Report for financial year 2010-11.

Information relating to directors shall be provided in Annual Report for financial year 2010-11.

No public issue has been made by the Company in the recent past. Will be complied with when the situation arises.

Compliant







YES YES NA YES YES YES NA

- YES NA YES YES YES YES



Compliant - Details of remuneration and shareholding of all Directors will be disclosed in the section on Corporate Governance of the Annual Report for the year 2010-11.



Compliant. Will be complied with for the year ended March 31,2011.

For FY 2009-10 has been complied in the Annual Report of FY 2009-10.


49 (IV F) (i) will be complied in the next Annual Report.

Clause 49 (IV G) (ia) will be complied in the next Annual Report.


Company has not made any public/ right/ preferential issue during the year.

The certificate will be furnished at the time of considering the Audited Annual Accounts for 2010-11.

-

NA YES NA NA NA NA YES


NA YES NA NA NA YES NA




Will be disclosed in the relevant Annual Report.


Will be complied in the relevant Annual Report.








Will be complied with when due.

The Company has laid down the procedure to inform Board members about the risk assessment and risk minimization procedures.

Will be complied with as and when applicable.

The Non-executive Directors do not have any pecuniary relationship/transactions viz-a-viz the Company, except sitting fees being paid to them for attending the meetings of the Company. The remuneration of the Executive Director is being disclosed in the Annual Report. The Co. is complying with the other requirements.




No capital issue.

Have been disclosed in Annual Report for the year ended 31st March 2010.




YES YES YES YES YES YES YESNot Applicable Duly complied


Annual Compliance - To be reported in Annual Report for the year 2010-11.



Shall be complied with while considering annual / quarterly financial results.

The Company has not raised any money from public issue, Right issue, Preferential issues etc, during this quarter.

Complied. Duly incorporated / disclosed in Annual Reports.

Complied. Duly incorporated/disclosed in Annual Reports.


The same has been complied u/s 217 (2AA) of the company's Act 1956. Incorporated in the Annual Report.





The company has not raised any money through an issue of securities in the manner as specified in this Clause.




A certificate from the Joint Managing Directors and Vice President, Corporate Finance of the company will be tabled at the meeting of the Board of Directors to be held in this year for approval of Audited Annual Results of the Company for the financial year 2010-2011

Will be Complied with at the AGM.



At the time of AGM.

At the time of AGM.

At the time of AGM.

- YES NA YES YES YES -



YES YES YES - - - -



Declaration, if any, will be reported in the Annual Report for the year ending on 31st March 2011 and thereafter.

The Company has not made any public issue, right issue,and prefrential issue during the quarter.

Necessary disclosures will be made in the Corporate Governance Report forming part of the Annual Report for the year ending on March 31, 2011.

Management Discussions & Analysis Report forms part of the respective years' Directors' Report.Material Financial and Commercial transactions as covered under this sub-clause, if any, will be disclosed to the Board.

Certification, as required, will be provided to the Board for the financial year ending on March 31, 2011 and thereafter.

Mentioned in Annual Report.



Complied for F.Y. 2009-10. For F.Y. 2010-11, will be complied in Annual Report for the year 2010-2011.



Complied in the Annual Report/ Notice of AGM


Complied with at the AGM


There has been no Public/Preferential issue by the company in the past 5 years.







The fact has been incorporated in Annual Report 2009-10 and the same for the financial year 2010-11 will be incorporated in the Annual Report 2010-11.









NO YES NO YES YES YES YES



YES YES NA YES YES YES YESNA


Will disclose in the report on Corporate Governance for FY2010.

Will disclose in the Management Discussion and Analysis report for FY2010.

Will disclose in Shareholders Information Segment of the Annual Report for FY 2010.

Will comply in relation to the financial statements for FY2010.

Not applicable during the quarter under report.

Not Applicable during the quarter under report.




Disclosed in the Annual Report for the year 2009-10.Disclosed in the Annual Report for the year 2009-10.

Disclosed in the Annual Report for the year 2009-10.al Report for the year 2009-10.


NA YES NA NA NA NA NA

- YES NA YES YES YES NO


YES YES NA YES YES YES YESComplied with Complied with Complied with Complied with Complied with Complied with







The Company has not made any issue during the period from 01.10.2010 to 31.12.2010.

YES YES NA NO NO NO NO





Will be given for the yearly accounts i.e for the current year F.Y ending 31.12.2010. Complied with for the last corporate financial year ended 31.12.2009.









The Balance Sheet, Profit and Loss A/c and Cash Flow Statements comply with the Accounting Standard and the same is being reported in the Auditors Report annexed to the Annual Report 2009-10.

The Risk Management Department appraises the Board on the Risk management mechanism existing in the Bank.

All the details regarding Remuneration to Directors are published in the Annual Report of 2009-10.

Management Discussion and Analysis Report forms a part of the Annual Report published by the Bank.

i) The profile of the Directors appointed during the year is furnished in the Annual Report. ii) Quarterly results and presentation made to the analysts are posted on the website of the Bank. iii) Shareholders / Investors grievances Committee has been constituted under the Chairperson of the Committee Director,(Director elected from amongst shareholders other than Central Government) to review the position of shareholders complaints and the meeting was held on 28.04.2010 , 09.08.2010 and

Certification forms a part of the Corporate Governance Report to be published in the Annual Report 2009-10.





Detailed disclosure made in Annual Report.

Included in the Annual Report.

Management Discussion and Analysis Report form part of the Annual Report 2009-10.

Certification has been obtained at the time of finalization of Annual Accounts for the Financial Year 2009-10 and will formed the part of Annual report 2009-10.

Forms part of Annual Report for the financial year 2009-2010 and are placed before the meeting of Audit Committee.

Risk Management forms part of Management discussion and Analysis Report in the Annual Report for the Financial Year 2009-2010 and the same are reviewed by the Board in its meetings.

The Company already complies with the requirements of clause 43 (a) of listing agreement. A statement of Use / Application of the proceeds of preferential issue are placed before the Audit Committee and such statement of use and Application of funds forms part of declaration of Quarterly Financial Results.

Forms part of Annual Reports for the Financial year 2009-2010.



Certificate has been obtained from CEO & CFO and stipulation with respect to the same forms part of Annual Report for the Financial Year 2009-2010.







The company has put in place a Corporate Risk Management Framework, which is reviewed by the Audit Committee every year.

Company has not come out with any public/right/preferential issue in previous 3 financial years.

Complied - with in the Annual Report.



CEO/CFO certificate was placed in the Board meeting held on 27th April 2010.

For current financial year it will be complied with at the next AGM / Annual Report.




Shall be complied in the Annual Report 2010-2011.






This information relating to proceeds collected for conversion of warrants into equity shares will be placed before the Audit Committee in the ensuing meeting and the details thereof will also be mentioned under the notes in Unaudited Financial Results for the Quarter ended 31.12.2010.

included in the Annual Report for the financial year 2009-10.

included in the Annual report for the financial year 2009-10. There have been no material financial and commercial transactions entered into by Senior Management for the quarter ended 31.12.2010 where they have personal interest.

The Accounting treatment for various transactions followed by the Company is not different from the prescribed Accounting Standards of ICAI and the same will be confirmed in the Annual Report of the Company for the period ended March 31, 2010.

The requirement of the listing agreement under the head Board disclosures Risk Management is adequately met by presenting the quarterly report by the Managing Director to the Board. This report explains market conditions and how it effects business of the Company. It also talks about `Misses' and describes `focus areas' to overcome the same.

Money raised through issue of 21,96,773 equity shares on preferential basis to the of Maya Entertainment Limited (MEL) has been spent for acquiring of shareholding in MEL in terms of share purchase agreement executed on 27.01.2010 for which exchangeshave already been informed.

This information would be disclosed in the Corporate Governance Report published as a part of the Annual Report for the period ended 31st March, 2010.

(i) The Management Discussion and analysis report has been annexed to the Director's Report and is a part of Annual Report for the period ended 31st March, 2010 with all the relevant information. (ii) Furthur relevant certificates have been procured from the Senior Management that they have not entered in to any transactions where they have personal interest that may have a potential conflict with the interest of the Company.

The necessary information has been provided in the Annual Report 2009-10.

The said certificate would be published in the Annual Report for the period ended March 31, 2010.

YES YES NA YES YES - -

NA YES YES NA NA NA YES

YES YES NA - - YES -





As there was no different treatment, hence no disclosure.

Being complied in the Annual Report.



Will be provided as & when a new Director or a reappointment will be made.

Will be Complied in the next Annual Report.

Will be complied with at AGM '2011'










Disclosure will be provided in the next annual report.




Disclosure made at Audit Committee meeting held on 22 October, 2010.

















Complied in the 2009-2010 Annual Report.



Complied in the F.Y. 2009-2010 Annual Report.



Complied with in the Annual report for the financial year ended on 31.03.2010.

The Company has not raised any money during the year.



The necessary disclosure with regard to appointment of director and inter-se relationship between directors have been complied with in the annual report for the financial year ended on 31.03.2010.

The necessary certification has been made in the Annual report for the year ending on 31st March, 2010.




YES - NA YES YES YES YES


Complied with in the Annual Report for the year 2009-2010.



Was placed and taken on record at the Meeting of Board of Directors held for adoption of accounts for the year ended 31st March, 2010.

This will be required to be given for current financial year ending on March 31, 2011.





YES YES YES YES NA YES YESN.A. N.A. N.A. N.A. N.A. N.A. N.A.YES YES NA YES YES YES YES



YES YES NO YES YES YES YES


- YES NA NA NA NA NA

No monitoring agency has been appointed.

This information will form part of FY2011 Annual Report.

Management Discussion and Analysis Report has been made a part of Annual Report of the Company since last three (3) years.

The certification will be made for the Financial Results for the current Financial year i.e. 2010-11.

The Shareholders have been provided with the information as per sub clause IV (G) (i) (ii) (iii) (iv) of clause 49 in the Annual Report for the year 2009-2010.

Executive Chairman (CEO) Mr. Arun B. Shah and Joint Chief Financial Officer Mr. Snehal J. Shah have given certificates as per Clause (a) to (d) for the year 2009-2010.












Will be complied with at the AGM.




YES YES NA YES YES YES YESN.A. N.A. N.A. N.A. N.A. N.A. N.A.YES YES NA YES YES YES YES


YES YES NA NA NA YES YES




Will be complied with at the AGM


No proceeds from public issues, rights issues, preferential issues etc.




Will be placed before the board at the meeting to be held on February 08, 2011.

On going exercise and is complied with as and when required.

Risk Management, Framework and Internal Controls in Financial Reporting Procedure adopted by the Company at the Board Meeting on 1st May, 2006 and Further on 14th May, 2008. The company has framed a risk management policy and testing in accordance with the laid down policy is being carried out.

Will be complied as and when required

Payment of sitting fees to Non-executive Independent Directors for attending meetings of the Board and other Committees of the Board has been approved by the Board of Directors and payment of commission has been approved by the shareholders.

Will be annexed as part of the Annual Report along with the Auditors' Report on its compliance and sent to shareholders.

Will be annexed as part of the Annual Report along with the Auditors' Report on its compliance and sent to shareholders.


Details for 2010-2011 will be disclosed in Annual Report for 2010-2011.

Details for 2010-2011 will be disclosed in Annual Report for 2010-2011.

Certificate for financial statements for 2010-2011 will be published in Annual Report for 2010-2011.


This compliance is part of Annual Report.



Has been complied with the Annual Report 2009-2010.




NA NA YES YES NA NA NA


YES YES NA YES YES YES NANA NA NA NA NA NA NAYES YES YES YES YES YES YES


NO YES YES YES YES YES NO


- YES NA NA YES YES NANo public issue

YES NA YES YES YES YES YES

During the quarter no public/ right or preferential Issue was made and also not made in the last year (2009-10).



Completed in the Annual Report for the year 2009-2010.






The necessary disclosures will be made in the Annual Report.


None of the non executive directors are drawing are drawing are remuneration other than the sitting fees.

N.A. for the present quarter. Has been complied with at the fiscal year i.e. 30th September 2010.

WILL COMPLY IN ANNUAL REPORT 2010-11.


Shall be complied with in Annual Report 2010-11.

Directors are not taking any remuneration.

No CEO/CFO is employed.

- YES - - YES YES YES




Shall be complied with when applicable.

Shall be complied with when applicable.

No changes have been made in the Accounting Treatment.

The CEO/CFO certificate for the FY 2009-10 was placed before the Board meeting held on 20/04/2010. The certificate for the FY 2010-11 will be obtained after March 31, 2011. Also internally CEO/CFO certificate is obtained at end of every quarter.


YES YES YES NA NA NA NA

- YES NA YES - YES YES





In the preparation of financial statements there is no treatment different from that prescribed in the Accounting Standards.




For the Financial Year ended March 31, 2010 the company was a unlisted entity. On August 18, 2010. the Company became listed on BSE and NSE. Will be complied in the next Annual Report.




Will be complied in the next Annual Report


Will be complied in Next Annual Report.

Information of Director to be appointed / reappointed will be complied in the next Annual Report.




YES YES NA YES YES YES YESAnnual Report Annual Report Annual Report Annual Report Annual Report Annual Report Board ReportYES YES - YES YES YES YES









Shall be complied with as and when any issue is made by the Company.

Required information has been provided in Annual Report.



The Company has not made any Public/ Rights/ Preferential Issue during the quarter.

Due disclosures are made in the Annual Report

Where in the preparation of financial statements, a treatment different from that prescribed in an Accounting Standard has been followed, the fact shall be disclosed in the financial statements.

The company shall lay down procedures to inform Board members about the risk assessment and minimization procedures.

When money raised through an issue, it shall disclose to the Audit Committee, the uses of funds on a quarterly basis. Further, on an annual basis, the company shall prepare the statement of funds utilized for purposes other than those stated in the offer document / prospectus / notice and place it before the audit committee.

All pecuniary relationship or transactions of the non-executive Directors vis-à-vis the company shall be disclosed in the Annual Report. Details of remuneration package and service details of all the directors shall be disclosed under section corporate Governance in Annual Report. The company shall publish its criteria of making payments to non-executive directors in the annual report or alternatively on the company's website. The Company shall disclose the number of shares and convertible instruments held by non-

Management Discussion and analysis report should form part of Annual Report.

In case of the appointment of a new Director or re-appointment of a Director the shareholders must be provided with a brief resume of the Director, nature of his expertise, names of Companies in which he holds the Directorship and the membership of Committees of the Board. Quarterly results and presentations made by the company to analysts shall be put on the company's website or shall be sent to stock exchange in such a form to enable it put on its website. A board committee under the chairmanship

CEO/CFO shall certify that: they have reviewed the financial statements and the cash flow statement; these statements do not contain any materially untrue statement or omit any material fact or contain statements that might be misleading; these statements together present a true and fair view of the company's affairs and fair in compliance with existing accounting standards, applicable laws and regulations; there are no transactions entered into by the Company during the year which are fraudulent,




NA YES YES - YES - YES





Complied upto F.Y. 2009-10 in the Annual Report and for subsequent period to be complied in future in AGM.



Details given in last Annual Report for year ended on 31.03.2010.






Governed by the Nationalized Banks (Management and Miscellaneous Provisions) Scheme,1970 as amended from time to time by GOI.

YES YES NA YES YES YES YESComplied Complied Not Applicable Complied Complied Complied





The disclosure of the Remuneration of directors, Management, Shareholders, CEO/CFO certification, Report on Corporate Governance and Compliance has been complied in the Annual Report for the year 2009-10 and will be complied in the future.



CEO/CFO certification forms part of the Annual Report of the Company for the year ended 31st March, 2010.

The Company made a Rights Issue in 2005 and the proceeds have been fully utilized.

The Company follows treatment prescribed in the Accounting Standards.






- - - - - - -



YES YES YES NA YES YES YES

Will be complied.

"Will be complied in the next Annual Report"

Will be complied.



"Will be complied at the AGM."

"Will be complied"

Complied in the Annual Report 2009-10. This will be complied in subsequent Annual Reports also.


Will be complied with in the Annual Report of 2010-11.

Will be complied with in the next Annual Report of 2010-11.

Details of appointment / re-appointment of Directors will be disclosed in the next Annual Report of 2010-11.






Remuneration of Directors is decided by Department of Public Enterprises / Government of India.

Will be complied in the ensuing Annual Report.



The Proceeds of issue of Equity Warrants and Equity shares on preferential basis are being deployed for funding various growth proposals of the Company.

Has been disclosed in the current Annual Report.










NA YES NA NA YES YES NA






not applicable for this quarter.

The Board of Directors of the Company in its meeting held on 27 October,2005 has laid down the procedures for risk assessment and minimization procedures.

Not applicable for the quarter.

All disclosures on the "Remuneration of Directors" as per the requirements have been made in the Corporate Governance Report Section of the Annual Report, 2009-2010.

Management Discussion and Analysis Report forms part of the Annual Report to the shareholders for the year ended 31st March, 2010.

Clause 49 IV (G) (I) Required information about the Directors to be appointed/re-appointed at the AGM held on 29th July, 2010 had been disclosed in the Annual Report 2009-2010. Mr. W.R. Schilha and Mr. Rakesh Chopra were liable to retire by rotation and as they were eligible for re-appointment they were re-appointed in the Annual General Meeting held on 29th July, 2010. Clause 49 IV (G) (II) Quarterly/yearly financial results of the Company are sent to be displayed on the web site of the Stock Exchange(s) [in compliance

Certified to the Board of Directors on yearly basis.

Disclosure related to the F.Yr 2010-11 will be made in the Annual Report of 2010-2011.




Required Annually

Required Annually

Required Annually

NA NO NA YES YES YES YES


- YES YES YES YES YES YESDuly complied Duly disclosed Duly followed Duly complied Duly complied

YES YES NA YES YES YES YESNA


The Board has reviewed the framework of risk assessment and minimization procedures and suggested appointment of a consultant. The consultant has since been appointed for finalizing. The consultant has since been appointed for finalizing the risk assessment and minimization procedures and risk mitigation tools across BHEL.

Necessary disclosures have been made in the Annual Report of the Company for the year 2009-10. This will be complied with in future Annual Report also.

Management Discussion and Analysis Report has been included in the Annual Report for the year 2009-10. This will be complied with in future Annual Report also.

There was no public issue / right issue / preferential issue etc. during the quarter.

Disclosed in the Annual Report for Financial Year 2009-10.



Placed before the Board at the time of finalization of Annual Statements of accounts.

Will be Annexed To Annual Report 2010-2011.















YES YES YES YES YES YES YESComplied.


- YES NA YES YES NA YES

Are placed before Board.

Not Applicable since Public Offer was offer for Sale of shares by Selling Shareholder.


MDA Report complied in the Annual Report for 2009-10.



Are placed before Board.

Already complied with in 2009-10 Annual Report.

MDA Report complied with in 2009-10 Annual Report.

Complied with in AGM held on June 25, 2010.

Complied with in the 2009-10 Annual Report.

Not issued any public issues, rights issues, preferential issues etc. in this quarter.

No remuneration was paid to any director.

Will be furnished in Annual Report of 2010-11, if applicable.




Will be provided to the Board, while considering Annual Report of 2010-11.

Complied in 2009-10 Annual Report and will be complied in the next Annual Report.





Will be complied in Annual Accounts as on 31st March, 2011.

Will be complied in Annual Report for the Financial year 2010-2011.



Not Applicable.




Periodically reviewed. At every meeting the ongoing status has been properly informed to the committee and the Board Meeting.

Details has been disclosed in the Annual Report.

Details has been disclosed in the Annual Report.

The M.D. gives the certificate of compliance.




Where in the preparation of financial statements, a treatment different from that prescribed in an Accounting Standard would be followed, the fact shall be disclosed in the financial statements.

Management discussion and analysis report is given in Annual Report for the year ended March 31, 2010

Complied in Annual Report of the company for the year ended March 31, 2010

Complied in Annual Report of the company for the year ended 2009-10




During the quarter there have been no proceeds raised from public issues, rights issues, preferential issues etc.

Necessary Disclosures have been made in the Annual Report for them year ending March 31, 2010.

Requirement with respect to the Management Discussion & Analysis Report will be complied with in the Directors' Report.

NiL NiL





Remuneration of Non-Executive Directors is decided by the Board of Directors and is subject to approval by Members in the General Meetings. All pecuniary relationship or transactions of Non-Executive Director vis-a-vis the Company are disclosed in the Annual Report. The Necessary Disclosure has also been made in the 'Corporate Governance Report' in the Annual Report of the company for the year ended December 31, 2009. Disclosures about shareholding, if any, of Non-Executive Directors is

"Management Discussion and Analysis Report", has been included in the Annual Report of the Company for the year ended December 31, 2009."

The requisite details about Mr. Sharad Upasani, Director retiring by rotation have been incorporated in the Notice convening the 19th Annual General Meeting of the Company. After approval of Financial Results by the Board, the same are immediately faxed and submitted to Stock Exchanges and also posted on the website of the Company at www.bluedart.com immediately. The company has renamed earlier 'Share Transfer Committee' as 'Investors Grievance Committee'. Mr. Suresh

CEO and CFO Certification was obtained from Managing Director and Finance Director & Chief Operating Officer for the year ended December 31, 2009 and was placed before the Board Meeting at the time of approval of Financial Results for the year ended December 31, 2009. The certification by CEO and Finance Director and COO inter-alia included; certification on Financial Statements, Cash Flow Statement and Internal Control System for financial reporting for the year ended December 31,

Complied in May 2010

Complied with in the Annual Report 2009 for the year ended 31.DEC. 2009.







Reported in the Annual report for 2009 published in May 2010. (will also be reported in the Annual Report for 2010 to be published in May 2011)

There was no treatment different from that prescribed in an Accounting Standard.

No public issues etc were there.

BPCL, being a Govt. Company, remuneration of the Directors is decided in terms of Government Orders/ Guidelines.

Annual Requirements ; complied for FY 2009-10.

Shareholders / Investors Grievance Committee already constituted. Required Information being put on website. Annual Requirements ; complied for FY 2009-10.

- YES YES - - - -



YES YES NA - YES YES YES



YES YES YES NO NO NO YES


NA YES NA NA YES YES YES


Will be complied with in the next AGM.













Complied since last Six Annual Reports

Complied with accounting Standards in full

Will be complied with from Dec 2010 Quarter, I quarter since scrip listed recently.

Will be complied with next Annual Report.



Will be complied in the Annual Report for the year 2010-2011.



Will be comply with, if requirement arise.

Will be comply with in the Annual Report of Financial Year 2010-11.

Provisions of Clause 49 (IV) F(i). Will be complied in the Annual Report for the Financial Year 2010-11.

Provisions of Clause 49 (IV) (G) (i), (ia), (ii) will be comply with in the Annual Report for Financial Year 2010-11.






Not applicable at present.

Accounting Standards Followed

Was included in the Annual Report for the year ended 31.03.2010.

Will be disclosed to the Board members periodically.

Will be disclosed to the audit committee on quarterly basis




Will be placed before the Board meeting.

NA NA YES NA NA YES YES


YES NO NO NO NO NO NO








Provisions to be complied as and when applicable.

Provisions to be complied as and when applicable.

Shall be complied in the Annual Report.


(IVG) (i),(ia) Shall be complied in the Annual Report.


Being placed before the Board on a quarterly basis.

Not Applicable for the quarter.

Not Applicable for the quarter.





YES YES NA YES YES YES YESNot Applicable






The Company has already constituted Shareholders Grievance Redressal Committee. The remaining requirements will be complied in the Annual Report for the Financial Year 2010-11.


Accounting treatments are in accordance with the accounting standards.

Procedures have been laid down and risk are periodically reviewed.

No public, rights or preferential issue has been done.

This has been complied with in the Annual Report for 2009-10.

The Senior Management makes disclosures to the Board. As regards, MD&A this has been complied with in the Annual Report for 2009-10.

The quarterly results are posted on the website. The Investors Grievance Committee is in place. Share transfer powers have been delegated. Disclosures in the Annual Report has been done in 2009-10.

This has been complied with at the time of approval of accounts for the financial year 2009-10.



Complied for the year 2009-10.



- YES NO YES YES YES YES

- YES YES YES YES YES YESNot Applicable

NO YES NO NA NO YES NA






The CEO/CFO certificate would be obtained at the time of approval of accounts for the financial year ended December 31, 2010.

Not applicable as the Company has not made any issue of security since 2000.


Will be part of the next Annual Report.


Will be submitted at the time of adoption of next Annual Accounts.




complied with for 2009-2010.

Financials are not yet finalized and therefor it is difficult to comment on this point, The same will be intimated once financials will be approved by the Board.

Company got listed on 18th Oct, 2010 and therefore the first report will be presented to the audit committee along with the financials for the 3rd quarter ended on 31st Dec, 2010 and so far this report is not ready.



To the extent applicable.

Will be complied at the end of the year.




YES YES NA YES NA YES YESNIL NIL





YES YES NA NA YES YES NA

Necessary disclosures had been made in the Annual Report for the Annual General Meeting held on September 30, 2010.



Not applicable to the present quarter. Would be complied with as and when applicable.

Included as part of the Annual Report for the year 2010-11.



Included as part of the Annual report for the year 2010-11.

Not raised any funds through public issues, rights issues, preferential issures etc. in the last 15 years.



Will be complied on annual basis.

Clause 49 (IV)(F)(i) will be complied on annual basis.









No whole time director. Commission paid to non executive directors approved by the shareholders in the AGM held on 10.05.2006 was disclosed in the annual report for the year ended 31.03.2010.




Complied with. The Company has complied with the Accountings Standards, wherever applicable, while preparing the Accounts upto 31st March 2010. This requirement will be complied with at the time of preparing the financial statements for the Financial year 2010-11 also.

Complied with. The company has laid down the procedures about Risk Assessment and Minimisation. The details of reports under the Risk Assessment and Minimisation procedures are periodically reviewed by the Board.

Presently, since there is no public / rights / preferential issues, this clause is not applicable to CPCL.

Complied with. The Company pays sitting fees to certain categories of Non-executive Directors, who are not the full-time employees of the shareholders and the details of fees paid for the year 2009-10 were disclosed in the Annual Report 2009-10 and such details are being disclosed in the Annual Report for the Year 2010-11 also. The details of remuneration paid to the Functional Directors of the Company for the year 2009-10 were disclosed in the Annual Report 2009-10 and such details were disclosed in

Complied with. This requirement as, envisaged, is being complied with. A Management Discussion and Analysis Report, formed part of Directors' report 2009-10. Necessary disclosures from all the Senior Management Personnel for the Year 2009-10 were obtained and placed before the Board at the meeting held on 18.05.2010. The above requirement will be complied with for the year 2010-11 also.

Complied with. Necessary details in case of appointment / re-appointment of Directors, viz. brief resume, nature of expertise in specific functional areas and Directorships / Memberships of Committees were furnished in the Notice of the 44th AGM held on 06.09.2010. Similar details are being furnished in the notice of AGM for the year 2009-10 also. The details relating to the shareholding of the Non-executive Directors were furnished in the Annual Report 2009-10 and similar details will be furnished in the Annual

Complied with. The required certification for the year 2009-10 was obtained from Managing Director & Director (Finance) and placed before the Board at the meeting held on 18.05.2010. The required certification for the year 2010-11 will be obtained from managing Director & Director (Finance) and placed before the Board at the appropriat time.

Complied.




The Risk Assessment and minimisation procedures is an ongoing process. The Managing Director, primarily in-charge of conduct of the affairs of the company, appraises the Board of Directors regularly about the assessed risks and the measures taken to mitigate the same to ensure smooth conduct of the Business of the Company.

No Director, other than the Managing Director, is being paid any remuneration except sitting fees for attending the Board/Committee Meetings. As per the terms of Appointment, the payment of remuneration to the Managing Director will be 5% Commission on the Net profit and in case of loss or inadequacy of profits, the monthly remuneration will be paid as prescribed under Sub-section 1(B) of section II of part II of Schedule XIII of the Companies Act 1956,based on the Effective capital of the company, with

The existing Share Transfer Committee is also acting as Shareholders/ Investors Grievance Committee. The administration of both physical and demat shares have been vested with the Company's Registrars M/s. Integrated Enterprises (India) Ltd with effect from 01/04/2003.


YES YES NA YES YES YES YESNIL




- YES NA - - YES -

The operations of the Company were stalled following the lockout declared at its Bharatpur Plant with effect from November 13, 2000 which has been withdrawn on september 14, 2008. The development of risk management framework for the Company is in process.

Necessary compliance is ensured in the Annual Report of the Company.





The Company is following the policy to approve all monitory benefits available to a Director by the Remuneration Committee. All required disclosures shall be made in the Annual Report in this regard.



Complied in the Annual Report for the financial year ended 31/03/2010.




- - NA - - - -








Company had no Issue/s

This is related to Accounts. The same is under preparation and the provision will be complied with.

Steps have been taken for compliance of Risk Management.

Will be complied with.







This is being complied with when applicable

The risk assessment and minimization procedures have been laid down. These are being reviewed periodically.

The company has not made any public / rights / preferential issue in the recent past.

Necessary disclosures of remuneration to Directors have been made in the Report on Corporate Governance in the annual report for the financial year 2009-10.

The provisions contained therein have been complied with in the report on corporate governance in the annual report for the financial year 2009-10. Disclosure obtained from Senior Management were tabled before the Board at its meeting on October 28, 2010 for approving the un-audited financial results for the quarter ended September 30, 2010. We have also been obtaining such declarations from the Senior Management on quarterly basis and the same are being place before the Board Meeting.

The relevant provisions are being complied with as provided therein. The quarterly financial results are being sent to the stock exchanges strictly in accordance with the provisions of the Listing Agreement. Likewise, the share transfers are being approved and provision in relation thereto are being complied with strictly in accordance with the provisions of the Listing Agreement by the shareholders/Investors grievance committee to which the power of share transfer is delegated.

The requisite certificate by Managing Director and Chief Financial Officer on issues covered by Clause 49(V) was placed before the Board/Audit Committee meeting held on October 28, 2010. The requisite certification by Managing Director and Chief Financial Officer for the quarter October to December 2010 on issues covered by Clause 49 (V) will be placed before the Board/Audit Committee Meeting scheduled to be held in January 2011 when the Board will consider and approve the un-audited

NA YES NA NO NO YES YES

NIL





Necessary disclosures of related party transactions, if any are made.

Necessary procedures to inform the Board members about risk assessment and minimization procedures have been laid down and are periodically reviewed.

Necessary disclosures will be made as and when such proceeds are raised.


Management discussion and Analysis Report forms part of Annual Report.


Necessary Certification is obtained.

As there is no instance where the company has followed different treatment from that prescribed in accounting standards.

Required disclosures will be made in Annual Report for 2010-2011.

No remuneration is being paid to Directors.

Required disclosures will be made in annual Report for 2010-2011.

Required disclosures will be made in annual Report for 2010-2011.


WILL BE COMPLIED WITH IN THE ANNUAL REPORT 2010-2011.




Duly complied Duly complied Duly complied










To be disclosed in the Annual Report 2009-2010.




Complied in Annual Report









complied and will continue to comply.



Sub Clause (i) of clause 49 (IV F) will be complied in the next Annual Report.



complied in the Annual Report.


complied with at the AGM.


There is no such issue.


NA YES NA - - YES -

NA - NA - - - -





YES YES YES - - YES -



Proceeds received have been utilized for the purpose for which it was issued.

Disclosures were made in the Annual Report for the Financial Year 2009-10 and shall be complied with in the Annual Report for the year 2010-11.

Forms part of the Annual Report for the Financial Year 2009-10 and shall be Complied with in the Annual Report for the year 2010-2011.

Has been Complied with in the Annual Report for the year 2009-2010, Will be complied further for the Financial Year 2010-11.

Disclosures will be made in the next Annual Report.

Will be complied in Annual Report








The company is following prescribed Accounting Standards, so there is no different treatment from prescribed Accounting Standards in the preparation of financial statements.

The company has complied with the procedures to inform Board members about the risk assessment as per Clause 49(IVC).

The company has complied with the requirements laid down in this regard.

There are no pecuniary relationships or transactions with the non executives directors and no remuneration is paid to directors and the other necessary details disclosed in the Annual Report.

Management discussion and analysis Report to the shareholders & the other relevant information will be furnished in the relevant Annual Report.

The company has been complying with all the provisions given under Clause 49(IVG).

CEO/CFO Certificate will be furnished in the relevant Annual Report

Will be complied in ensuing AGM/ Annual Report.








YES - YES YES YES YES YES-



This item will be considered at the time of preparing Annual Report.


Will be complied at the AGM

This item will be considered at the time of approving draft Annual Accounts.

Will be complied in the next annual report.

Will be complied with on the occurrence of the event.

Will be complied with in the Annual Report.


Will be complied with at the time of AGM.

Will be complied with at the time of finalization of Annual Accounts.



Reviewed regularly by the Audit Committee and appropriate disclosures will be made in the Annual report for the Financial Year 2010-2011.




Will be provided in the Annual report for the Financial Year 2010-2011.

Will be complied in the next Annual Report for the current year 2010-2011.

Under Implementation.

Monitoring Agency Report for utilization upto 31st March, 2010 was already placed in the Audit Committee Meeting. For the Subsequent period would be placed as and when received.




YES YES NA YES YES YES YESN/A N/A N/A N/A




YES YES NA YES YES YES YESAnnual Report Annual Report








Has been complied in the Annual Report 2009-10.


Complied / Will be complied in the Annual Report for the year 2010-11.



Complied for the 3 month ending 30.09.2010 as well as annually. For the current quarter it will be complied.




YES YES NA NA YES YES YES



Will be complied in the Annual Report of 2010-11. There have been no material financial and commercial transactions entered in to by senior Management for the quarter ended 31.12.2010 where they have personal interest.








Only sitting fees paid to all Non Executive Directors except nominee Directors appointed by RBI & GOI (also Refer remark under Clause 49 (IB)].The Chairman & Managing Director & Executive Director are paid salary as per scale fixed by Govt. of India. Both Whole time directors are paid performance linked incentive as per Govt. Guidelines- assessed/ approved by Remuneration Committee of Directors. The Workmen Director & Officer Director are paid salary as per provision of

It was included in Bank's Annual Report for 2009-10, will also be complied with in the next Annual Report.

Complied with for the year ending March 31, 2010 and will also be complied with at the time of reviewing financial results for the year ending March 31, 2011.

Will be complied with as and when the situation arises.

Will be complied with as and when the situation arises.

MDA Report forms part of the Annual Report for the year 2009.

The Certificate was placed before the Board at the time of adoption of Annual Accounts for the year ended on 31/12/2009.



In preparation of financial statements, no treatment materially different from that prescribed in the Accountings Standards issued by the Institute of Chartered Accountants of India has been followed.

The Company as per laid down policies and procedures to inform Board members about the risk assessment and minimization procedures. The main objective of the Risk Management policy as defined in the Risk Management Manual is to protect the property , earnings and personnel of the Company against losses and legal liabilities they may be incurred due to various financial risks. These procedures are reviewed periodically by the Asset Liability Committee (ALCO).

Pursuant to the approval of the shareholders for issue of shares under ESOS 2008 the Company on 26th October, 2010, allotted 23494 equity shares of Rs. 10/- each at a price of Rs. 53.65/- per shares to employees of the Company in terms of the Employees Stock Option Scheme (ESOS). Pursuant to the approval of the shareholders for issue of shares under ESOS 2008 the Company on 13th December, 2010, allotted 23546 equity shares of Rs. 10/- each at a price of Rs. 53.65/- per shares to the eligible employees of the Company

No remuneration other than sitting fees is paid to non-executive Directors and same has been disclosed in the Annual Report 2009-10.In addition to the aggregate commission paid to all non-executive directors is well within the limit of 1% of the net profit as approved by the shareholders, the actual commission paid to the directors is restricted to a fixed sum which is currently at Rs.10,00,000/-. The remuneration paid to Chairman & Managing Director its also disclosed in the Annual

The Management Discussion has been furnished in 2009-10 in the Annual Report.

Information relating to re-appointment of Directors furnished as a part in the Annual Report for the year 2009-10. Quarterly report and results are regularly put on Company web site and also sent to Stock Exchanges and also uploaded in the Corp Filing-Corporate filing & Dissemination system.

The CEO/CFO have certified to the Board of Directors with regards to the financial statements and cash flow, as per the provisions of revised Clause 49(V) in the Board. The Said provisions shall be complied time to time as per clause 49.

complied with.

YES YES NA YES YES YES YESComplied with

- YES - - - - YES




Disclosure will be made in the Annual report 2010-11.

Bank has laid down the risk management procedures as prescribed by Reserve Bank of India.

The Bank has issued and allotted 2.10 crore equity share of Rs. 10/- each at a premium of Rs. 171.30 aggregating to Rs. 380.73 crore, through Qualified Institutional Placement (QIP) to Qualified Institutional Buyers (QIBs). The date of allotment was on 21.07.2010.

Disclosure will be made in the Annual report 2010-11.

(i)Management Discussion & Analysis will be reported in the Annual Report 2010-11. (ii) There has not been any material financial and commercial transactions in which Senior Management has personal interest, that may have potential conflict with the interest of the Bank.

G(i) Shareholders have been informed the particulars of Directors, on their appointment / re-appointment, in the notice convening the Annual General Meeting. G(ii) Quarterly results are put on the Bank's Website. Presentations made by the Bank to analysts shall be put on the web-site as and when situation arises. G(iii) and (iv) are complied with.




Will be included in the Annual Report 2010-11.




Will be complied with at next AGM in Annual report.



NA YES NA NA NA YES YES


YES YES NA YES YES YES YESNo Issues


NO YES NA NO NO NO NO

YES YES NA YES NA YES NA



Requirement of clause 49 IV (G) (i) will be complied at the forthcoming Annual General Meeting.

Will be complied at the Board Meeting held for adoption of annual accounts for the financial year 2010-2011.









Will be Complied with next Annual Report.









Complied with.









Would be complied when situation arise.

Would be complied when situation arise.

Appropriate disclosures of Accounting Treatment for the Financial Year 2010-11, will be given in the Annual report for the year ending 31st March 2011.

The Company has procedures to inform Board members about the risk assessment and minimization procedures and these procedures are periodically reviewed by the Audit Committee to ensure that executive management, controls risk through means of a properly defined framework, if found necessary.

Details For the Financial Year 2010-2011 will be given in the Annual Report for the year ending March 31, 2011.



It will be taken for the year ending March 31, 2011.






YES YES YES YES YES YES YESNil Nil Nil Nil











Will be complied in the next Annual Report i.e. 2010-2011.








The company has made Rights Issue during the quarter.

Included in Annual Report to the shareholders.



Complied in Annual Report of 2009-10. Will also be complied in the next Annual Report.

Necessary disclosure will be made in the next Annual Report.









During the period there was no change in accounting treatment.

Published in the Annual Report for the year 2009-2010.

To be complied in next Annual Report.

Disclosures shall be made in the Annual Report for the year ending December 31, 2010.

Disclosures shall be made in the Annual Report for the year ending December 31, 2010.

Shall be complied in the Annual Report for the year ending December 31, 2010.





The CEO/CFO certification for the financial year 2010-11 will include matters specified in the clause.

Related disclosure have been made in 31.03.2011 Annual Report.

Related disclosure have been made in 31.03.2011 Annual Report.

Related disclosures will be made in 31.03.2011 Annual Report.

Related disclosures will be made in 31.03.2011 Annual Report.















There is no public/ rights preferential issues except conversion of partly paid into fully paid shares after collecting final call money towards partly paid shares.

Already complied in the Annual Report for the year 2009-2010.







To be complied in the Annual Report 2010-11.


The proceeds of the public issue / QIP have been used in terms of the objects of the issue as detailed in the prospectus / Offer documents.





The disclosures required under these heads will be disclosed in the Annual Report for the year ended March 31, 2011.




- YES NA NA YES NA NA




Has been complied in the Annual Report for 2009-10.

The CEO certficate has been obtained for the year ended March 31, 2010.

YES YES NA - YES YES YES



YES YES YES NA NA YES YES




Only sitting fees are paid to non-executive directors.

Only Sitting fees is Paid.


Non Executive director do not receive any remuneration.

To be sent along with the Annual Report.


Will be complied with the Annual Report.

As required under Clause 41







NA YES YES - - YES -





Shall be complied as and when applicable.

Disclosed in Corporate Governance Report forming part of Annual report for the year 2009-10.

Disclosed in Corporate Governance Report forming part of Annual report for the year 2009-10.

The Company has not issued any New Capital during the period.













Disclosure made in the Annual Report for 2009-10.



- YES YES YES YES YES YESN.A.



YES YES YES YES NO YES NO








The Company will comply at the time of AGM.



There has been no public issues, right issues, pref. issues etc. during the quarter.




YES YES NA YES YES YES YESComplied



The Remuneration Committee of the Company consists of Two Independent Non-Executive (INE) Directors. The Chairman of the Committee is also an Independent Non-Executive Director. The Company is following the policy to approve all monitory benefits available to a Director by the Remuneration Committee. All required disclosures shall be made in the Annual Report in this regard.

Compliance is done in the Annual Report.

Complied to the extent applicable.

The information about the potential risks of running the business and the Company's processes for risk mitigation and control - Report on Risk Management had been circulated to all the members of the Board. These procedures are periodically reviewed and to ensure that management controls risk through a properly defined framework.

Complied to the extent applicable in the Annual Report 2009-2010.










The Management Discussion and Analysis Report forms part of the Annual Report.

Forms part of the Annual Report.


In terms of clause 49(IVD) of Listing Agreement necessary disclosure was made to Audit Committee.

The matters required to be dealt in Annual Report will be complied in next Annual Report.




CEO/CFO certification forms part of the Annual Report of the Company.

The company has complied with all applicable Accounting standards in the preparation of Fianancial Statements.

The company has not raised any money through public issues, right issues, preferential issues etc. during the quarter.

Necessary disclosures will be given in the next Annual Report.

(i) Will be complied in the next Annual Report. (ii) Necessary disclosures will be made to the Board as and when the situation aries.

(i) Will be complied in the next Annual Report. The Company has complied with the clauses (ii), (iii) and (iv) of 49 (IVG).

The necessary certificate will be placed before the Board at the time of consideration of Annual Accounts 2010-2011.





- YES YES YES YES YES YESNil. Nil. Nil. Nil. Nil. Nil.


No remuneration other than sitting fees is paid to non-executive Directors. No non-executive director has been appointed during the quarter ended December 30, 2010.

Complied with for the financial year 2009-10 and will be complied in the Annual Report for the financial year 2010-11.








N.A. Nil N.A. Nil


The money raised through Initial Public Offering (IPO) in February, 2007 has been fully utilized.

All the necessary disclosures are made before the respective Audit Committee / Remuneration Committee / Board of Directors.

The Company does not have any public issue, right issue, preferential issue etc. during the quarter under review, hence there is no information in this regard to be disclosed, the same will be disclosed as and when required.

All the necessary diclsoures of the remunerations of the Directors have been made in the Annual Report for the financial year ended March, 2010.

The Management Discussion and Analysis Report is a part of the Annual Report for the financial year ended March, 2010.

All the necssary disclosures have been made in the Annual Report for the financial year ended March 2010.

The Managing Director of the Company has given certificate to the Board of Director of the Company regarding various compliances.

Complied with in Annual Report 2009-10 and will be complied in next Annual Report.





NA YES YES NA NA NA YES

Complied with the Annual Report 2009-10.

The Company got listed on 27/10/2010, the Annual Report for the year ending 31/03/2010 contained the given points and further the same will be placed in the ensuing AGM and will form part of next Annual Report of the Company.



In the preparation of the financial statements, treatments as prescribed in an Accounting Standard has been followed. Hence no disclosure is required.


" Will be complied with in the next Annual Report"." Will be complied with in the next Annual Report".


" Will be complied with at the AGM".


- YES YES YES YES YES -



In the preparation of the financial statements, treatment as prescribed in an Accounting standard has been followed. Hence no disclosure is required.

"Will be complied with in the next meeting of the Audit Committee to be held for the review of Unaudited Financial Results of the Company for the Quarter and nine Months ended December 31, 2010.



"Will be complied with at the AGM.

Will be complied with in the Annual Report 2010-11.




Will be complied with at the time of preparation of annual audited financial statements.

The Company has not made any Issue during the year.

Will be disclosed in next Annual Report.

Will be complied with in the next Annual Report.




NO YES NA NO NO NO NOComplied with.

- YES NA YES - - -


Management Discussion and Analysis will be complied in the next Annual Report.

Shri Shekhar C. Patel, Managing Director of the Company was appointed as a member of Shareholders / Investors/ Grievance Committee w.e.f. 1st October, 2010 over and above existing three independent directors.


The money raised from the follow-on Public Issue have been utilized for the purposes mentioned in the Prospectus.

Yes. Attached to the 21st Annual Report - 2010.






Will be Complied with at the next Annual General Meeting for the year 2010-2011.




YES YES NA YES YES YES YESAnnual Report Annual Report

YES YES YES YES - - -Complied with. Complied with. Complied with.






A statement is placed before the Audit Committee on quarterly basis.

Shall be a part of Annual Report.

Shall be part of the Annual Report.




Necessary information is being inserted in the Annual Report every year.

The report on Management Discussion and Analysis will be inserted in the Annual Report every year.

Details of compliances shall be given in the next Annual Report.


It will be given in the next annual report.

YES YES YES NA YES YES NA

YES YES NA NO NO NO NO


YES YES NA NA NA NA YES

The company generally prepares accounts in accordance with the prescribed accounting standards. Any deviation if any, in future will be explained by the management.






Will be complied at the time of approval of Annual accounts for FY 11.

Appropriate disclosure will be made in respect of financial statements, where different treatment from that prescribed in an Accounting Standards has been followed.

Appropriate disclosures will be made in the Annual Report.

A Management Discussion and Analysis Report shall form part of the Annual Report.

The CEO / CFO certificate to the Board will be obtained.


YES YES NA YES YES YES -



NO YES YES NO NO NO NO




Will be complied at next AGM.

Certified for the quarter ended 30th September 2010.







No money is lying unspent as on date, out of money raised through the issue.








- YES - YES YES YES YES

The Report on Management Discussion and Analysis is being inserted in the Annual Report every year.

Will be complied with in the Annual Report for the year 2010.

Not Applicable Not Applicable


NO NO NO NO NO NO NO



YES YES YES - - - -


The necessary details for the last year formed part of the Annual Report for 2009-10 and for the current year will form part of the Annual Report for 2010-11.



This has been complied with for the year ended March 31,2010.









Will be disclosed along with the Quarterly result for the quarter ended December 2010.

The use / application of the proceeds from the preferential issue has been disclosed along with the Quarterly Results for the quarter ended September 30, 2010.

Annual disclosures regarding remuneration of Directors has been provided in Annual Report for the year 2009-10.

MDA has been separately provided in Annual Report 2009-10.

All the required information & quarterly results have been disclosed to the shareholders of the company from time to time. The Investor Grievances Committee looks after the redressal of Investors' complaints.

Has been obtained and included in the Annual Report 2009-10.

Will be complied in the Next Annual Report.




NA YES YES NA NA YES NA



Requisite disclosure under this sub-clause will be made in the Annual Report for the year 2010-11.

Management Discussions & Analysis, Report on corporate Governance and a Certificate as to compliance of conditions of Corporate Governance will be included in the Annual Report for the year 2010-11.

Requisite disclosure under this sub-clause will be made in the Annual Report for the year 2010-11.

Shall be complied in the next Annual Report.



The Company being an old established organization, has in place built-in internal control systems for assessing and mitigating elements of risks in relation to its operations. The departmental heads are reasonably alive of this aspect in their day to day functioning and they discuss issues, if any, arising out of their risk perception in their regular meetings. The Company has formulated a Risk Profile, Policy guidelines and Risk Register. Reports received from time to time were placed before the Board for

Disclosures for the financial year 2009-10 will be made in the Corporate Governance Report for the year 2009-2010 and for the financial year 2010-2011 disclosures will be made in the Corporate Governance Report for the year 2010-11.

Being done as required.

- YES NA YES YES YES NA



YES YES NA NA NA NA NA


The Annual Certificate was given in the Board Meeting held on April 26, 2010.

Not applicable for the Quarter


Not applicable as there is no deviation from the accounting treatment prescribed by Accounting Standard.

Complied in the Annual Report for year 2009-2010.







There is no publice issues, rights issues, preferential issues during the period under review.










Nil

NO YES YES NO NO NO NO



Shall be duly disclosed, wherever the treatment is diffrent from Accounting Standards.

No Money has been raised through public issue etc., during the quarter.

Disclosed in the Annual Report for the year 2009-10. Shall be disclosed in the Annual Report for the year 2010-11.




Will be disclosed in the Corporate Governance Report forming part of Annual Report.




Will be done during approval of financial stetement for the year.




YES YES YES YES - YES YES



- YES YES NA NA YES YES




No differential treatment has been followed.

Given in last Annual Report.

The Company is complying with the applicable provisions relating to its issue and allotment of equity shares along with detachable warrants on right basis.

For the year 2009-10, complied with in the Annual Report 2009-10 and for the year 2010-11 will be complied in the Annual Report 2010-2011.


Complied with in the Annual Report 2009-2010 and complying accordingly.

Complied with at the Board Meeting held on 27.05.2010 at which the Audited Financial statement of the Company for the year 2009-10 were considered and approved.

Will be intimated along with the December Quarterly Results.

This information will be provided in the annual reports from the current financial year onwards.

This information will be provided in the annual reports from the current financial year onwards.


The appropriate diclosures is being made in the accounts, whenever necessary.

The Company is compliant with the requirements and the policy for risk management is already in place. Considering the nature of business and the plant processes, it was felt necessary to engage an expert who should advise the company on the entire process of risk identification and the steps that may be required to mitigate those risk. The Company has appointed a consultant viz. M/s. Vibhakar J Trivedi & co., CA Ahmedabad, to advise on setting up a procedure for risk identification, its

Presently not applicable. Appropriate disclosures shall be made as and when occasion arise.

Company only pays the sitting fees to its Directors except to the Managing Director to whom remuneration is paid as per the applicable scale of Indian Administrative Service in his rank. The remuneration details are being disclosed in the Annual Report of the Company every year.

The report of Management Discussion and Analysis has been made part of the Annual Report of the Company.

1) The Company gives details like resume, expertise and other directorships/ memberships of the Committee to the shareholders in respect of a new director or reappointment of a director in the Annual Report. 2) The quarterly results etc, are put on the website of the Company at www. gsfclimited.Com. 3) Under the Chairmanship of non-executive director shares-Cum-Debentures Transfer and Investors Grievance Committee is formed. 4) Authority to approve the transfer etc.

Appropriate compliance is being made on the annual basis.

Relevant disclosures will be made in the Corporate Governance report forming part of the Annual Report for the year ended December 31, 2010.

Management Discussion and Analysis report will form part of the Annual Report for the year ended December 31,2010.

CEO/CFO Certification obtained and forms part of the Annual Report for the year ended December 31, 2010.


CompliedYES YES YES YES YES YES YES




YES YES - YES YES YES YES


YES YES NA YES YES NO YES



Will be Complied at the time of Annual Report.




Uniform accounting treatments are adopted by the Company.

The required information will be placed before the audit Committee and the Board of Directors.





During the quarter there are no proceeds.

Information published in the Annual Report.

Information published in the Annual Report.

Will be complied with at the next Annual General Meeting.


- NA NA YES YES YES -


YES YES NA YES YES - YES

N.A. N.A. N.A. N.A. N.A. N.A.


The required information is printed in the Report on Corporate Governance in the Annual Report for the financial year 2009-2010.



A Certificate from CEO/CFO was placed in the Board Meeting held on 26th May 2010 in which Annual Accounts for the Financial Year 2009-2010 were approved and the same is printed in Annual Report for the Financial year 2009-2010.




N.A. Will be complied with at the AGM/EGM.


- YES NA NA YES YES YES

- NIL NIL NIL NIL




YES YES - YES YES - -

Company has delegated powers of share transfers to the Managing Director up to 10,000 shares in a single folio. The delegation is adequate as the shares of the company are under compulsory demat trading for all investors. The share transfers are approved at least once in a fortnight.

The Company follows calendar year (CY) as its financial year. CEO/ CFO certification for CY 2009 has been placed to the Board alongwith Annual Accounts of CY 2009.

The Directors, except Managing Director, being non-executive Directors, no remuneration is paid to them. Remuneration of Managing Director is decided by the State Govt. The remuneration paid to Managing Director is disclosed in the Annual Reports.


Will be Complied with & disclosed in the Annual Report for the year 2010-11.




Not applicableYES YES NA YES YES YES -




YES YES NA - YES YES -






Will be complied with in the ensuing AGM.


Disclosed in the Annual Report.

Disclosed to the Audit Committee on quarterly basis.

Shall be disclosed in the Annual Report for the Financial year 2010-2011.

Management Discussion and analysis Report shall be circulated along with the Annual report of Financial Year 2010-2011.

In the event of appointment or re-appointment of Directors, the shareholders are provided required details.

Will be complied at next Annual General Meeting.

Will be complied at the time of next Annual Report.






At the year end At the year end At the year end




Will be complied in the next Annual Report of the Company for the financial year ending 31.03.2011.



Annual CEO/CFO certification shall be obtained at the time of financial year ending 31.03.2011.

At the year end.

This has been complied at the time of adoption of Audited Accounts for the year ended June 30, 2010.

The said certificate was placed before the Board along with the financial statements for the year 2009-10 and published in the Annual Report for the year 2009-10.






Not Applicable

- YES NA NO NO YES NO

Financial statements are being prepared in accordance with the accounting standards prescribed by the Institute of Chartered Accountants of India from time to time.

The Risk profile of the Corporation is periodically reviewed by the branches/ departments. The risk Management committee reviews the key risk associated with the business of the corporation and ascertains the efficiency of the measures taken to mitigate the same twice a year. The Board also reviews the key risks and the mitigating measures twice a year.

The Corporation has not raised any money through an issue of securities in the manner as specified in this clause. However, a statement on monies raised in the normal course of business submitted to the Audit Committee/ Board on an ongoing basis.




The CEO & CFO Certificate was tabled at the meeting of the Board of Directors of the Corporation to be held in May 2011 for approving the Annual Audited Financial Results of the Corporation for the financial year 2010-11.







Pertaining to Financial year 2009-10. (Will be complied with for FY 2010-11)

Will form part of Annual Report.



Has been complied with in the 2008-09 annual report.


YES YES NA YES YES YES YESComplied Complied NA Complied Complied






We have not made these issues

This is an annual requirement, which will be complied with in the next Annual Report.


This is an annual requirement, which will be complied with when annual accounts are approved.


Management Discussion & Analysis Report will be form part of next Annual Report.


To be complied in the 28th Annual Report.


Details of the remuneration of Directors for the financial year 2009-2010 disclosed in the Corporate Governance Report for the financial year 2009-2010.

Report for the financial year 2009-2010 included in the Annual Report for the financial year 2009-2010.

Complied and included in the Annual Report for the financial year 2009-2010.









The procedures for risk assessment and minimization of risk is yet to be finalised.

Financial Year of the Company has been extended from 31.03.2010 o 30.09.2010.Company has also sought extension of time for three months for holding Annual General Meeting from Registrar of Companies as required under Section 166 of the Companies Act, 1956. Accordingly Annual Report for Financial Year ended 30.09.2010 will be sent to shareholders in due course. Will be complied with in the Annual Report of Financial Year, 2009-10.




No accounting treatment diffrent from accounting standard has been followed.

No such issues made during the quarter.





- YES NA - - YES -


As per the Scheme of Arrangement under Section 391-394 of the Companies Act, 1956 approved by the Hon'ble High Court, Bombay, the Company has created a separate Reserve Account Viz. Business Reconstruction Reserve by transferring the amount standing in the Securities Premiun Account i.e. Rs.8647 Crores. The Company has adjusted the certain expenses of Standalone of Hindalco Industries Limited and the Consolidated Account against the Business Reconstruction

The Company has raised Rs. 2790.1 Crores from the Qualified Institutional Placements made in the month of November 2009.The Company will place the details of utilization etc before the Audit Committee Meeting on quarterly basis and also give the details in the Financial details of the Clause 41 of the Listing Agreement.

The Company has one executive Director and remuneration of executive director is approved by the Board of Director.

CEO/CFO certificate is placed before the Board Meeting to be held for the purpose of approval of annual accounts and also be published in the Corporate Governance Report annexed to the Directors Report.






- YES YES YES YES YES YESYes





There is no such issue.



Complied Complied




Currently not applicable. Will be complied as and when applicable.

The requirements of Items E,F & G are already complied with.

Complied for 2009-10 Accounts.

Already complied in AGM 2010 as part of the Annual Report.



For 2010-11 the same will be complied in the ensuing AGM to be held in July 2011.





YES YES NA YES YES YES YESNot applicable


YES YES YES YES - - -

Details of the remuneration of the Directors for the financial year 2009-10 have been furnished in the Corporate Governance Report included in the Annual Report for the financial year 2009-2010.

Has been included in the Annual Report for the financial year 2009-2010.

Certificate of CEO/CFO annexed to the Director's Report for the financial year 2009-2010 included in the Annual Report for the financial year 2009-2010.

















Complied at AGM

NA YES YES NA NA NA NA








N.A. N.A. N.A. N.A.



Being complied with at the time of Annual Report.














As there was no issue of shares during the quarter.

As no remuneration paid to Non Executive Director.




Sent with Annual Report




The Company has established a formal Risk Management Plan

Not issued any shares with in the specified period.


Forms part of the Annual Report 2009-10


The certificate of the Managing Director and Chief Financial Officer is placed before the Board along with the financial statements that are reviewed every quarter. The same is also submitted to Stock Exchanges, along with Audited / Unaudited Financial Statements, every quarter.




Certificate to this effect formed part of the Annual Report for the year ended on March 31, 2010, and will also be complied with in the Annual Report for the year ended on March 31, 2011.

The Company adheres to the applicable Accounting Standards in the preparation of its financial statements and, hence, no disclosure of the nature referred to in Clause 49 (IV B) is requried to be made.

Being complied with, at the prescribed intervals




The Company adheres to the applicable Accounting Standards in the preparation of its financial statements and, hence, no disclosure of the nature referred to in Clause 49 (IV B) is required to be made.

Being complied with, at the prescribed intervals.




Will be complied with, for FY 2010-11.


YES YES NA - YES YES -











Appropriate disclosures has been made in the Annual Report of the Bank for FY 2009- 2010.

No Information was received by us from senior management relating to all material, financial and commercial transactions, where they have personal interest, that may have a potential conflict with interest of company at large.

Declaration on shareholding of non-executive directors was obtained prior to their appointment / re-appointment and was disclosed in the Annual General Meeting Notice.

Certificate is placed before the Board annually.

Will be complied with as and when applicable

Being complied with in the Annual Report

Will be complied with in ensuing Annual Report.


Will be complied with in ensuing AGM/Annual Report.



- YES YES - - YES YES

NA YES NA NO NO NO YES


Being disclosed in the Annual Report.


Accounting Treatemnt are disclosed in compliance with existing accounting standards, applicable laws and regulation.

The company had laid down procedure to inform Board about risk Assessment and minimisation procedures. The procedures are periodically reviewed by management and a Committee of Directors.

Utilisation of proceeds from public issue/ Qualified Institutional Placement / CCCPS were placed before the Audit Committee as applicable when such issues were made. During the quarter ended December 31, 2010 the Company has issued 942072 Infrastructure Tax-saving Bonds at a rate of Rs. 5000/- per bond aggregating to Rs. 471,03,60,000/- . In compliance with the provisions of the listing agreement, the necessary information will be disclosed to the Audit committee at its forthcoming meetings for

All the disclosure requirements relating to remuneration of Directors are complied with.

Detailed management discussion and analysis are part of the Annual Report 2009-10.

IDFC complies with this requirement pertaining to Shareholders.

CEO/CFO have certified the Annual Accounts for FY 2009-10..













Relevant details will be included in Annual Report for Financial Year 2010-11.

Will be complied for Financial Year 2010-11.

No such change in accounting treatment different from Accounting Standards.






Complied with in the Annual Report 2009-10. Current year compliance at the end of every quarter and at the end of the year.

Disclosure requirement has been complied in the Annual Report 2009-2010.


Complied with in the Annual Report 2010.

Clause 49(IV)(F)(i) complied with in the Annual Report 2010.

Clause 49(IV)(G)(i) & Clause 49(IV)(G)(ia) complied with in the Annual Report 2010.








YES YES NA YES YES YES YESN.A. N.A. N.A. N.A. N.A. N.A. N.A.NA YES NA NA YES YES YES




The Company adheres to the applicable Accounting Standards in the preparations of its financial statements and, hence, no disclosure of the nature referred to in Clause 49 (IV B) is required to be made.

Being complied with at the prescribed intervals.




There have been no material, financial and commercial transactions entered into by Senior Management for the quarter ended 31.12.2010 where they have personal interest.



The Chairman and Managing Director and Executive Director are being paid remuneration and reimbursement of traveling and halting expenses as per the rules framed by Govt. of India in this regard. The non-executive Independent Directors are not being paid any other remuneration, except Sitting Fees for attending the meetings of the Board/Committee as per the guidelines of Government of India.

A Management Discussion and Analysis report forms part of the Annual Report for the year ended March 31, 2010 covering matters like Business environment, Industry structure and developments in the Banking Sector, Segment-wise performance etc.

CEO/CFO certificate to the Board of Directors forms part of the Annual Report for the year ended 31st March 2010 (page 69).

The Board approved required risk management procedures on 8th November,2005 and also engaged internal auditors to work with the management.

There have been no capital issues after 1994.

Complied for the annual accounts.



Disclosure of Accounting Treatment have been made in the Audited Annual Acounts for 2009-2010.

The company has laid down a policy on Risk Assessment and Minimisation Procedure. Further the Managing Director of the Company also discusses the business related risk factors and minimisation procedure during Board Meeting as and when necessary.

The Company has not raised any Funds through any issue.

Disclosures as applicable have been made in the Annual Report for the year ended 31st March, 2010.

Management Discussion and Analysis Report was forming part of Directors Report for the year ended March 31, 2010.

In respect of appointment/ reappointment of Directors, their profile and details of other Directorships for 2009-10 were circulated to all members of the Company along with its Annual Report for the Year ended 31st March 2010.

CEO/CFO annual certification was placed before the Board Meeting held on 26th May, 2010 in respect of financial statements for the year ended 31-03-2010.

Complied in the Annual Report for the financial year 09-10.

The Remuneration details are provided in the Annual Reports.

The Remuneration details are provided in the Annual Reports.

Shareholders / Investor Grievances Committee constituted, Powers given to Committee, meeting once in quarter, details of directors provided in the Annual Report for the financial year 2009-10.




YES YES YES YES NA YES YES




Complied from the Annual Report(2005-06)



The company has not made any fresh public/rights/preferential issues.






Will be given the Quarterly Results.






Disclosed in the Annual Report .




At the time of AGM .

Not Applicable








This forms part of annual accounts.



Appropriate disclosure have been made in the Annual Report 2009-10.

The mechanism for risk management in the Bank is governed by the directives of RBI.

The QIP issue was made for augmenting the Bank's capital base and for raising the capital adequacy Ratio.



Appropriate disclosures have been made in the Explanatory statement to the Notice convening the 16th Annual General Meeting and also in the Annual Report 2009-2010.

Required information will be provided in Annual report.







YES YES NA YES YES YES YESAnnual Annual Annual Annual




As per Accounting Standard.

Requisite disclosure will be made in the Quarterly financial results.

Requisite disclosure has been made in the Annual Report.

Requisite disclosure has been made in the Directors' Report.

Requisite disclosure has been made in the Annual Report.

The Company has not raised any money through public/rights/preferential issue of shares.


Management Discussion and Analysis Report is forming part of Directors' Report.

Unaudited results /Audited results are published in English newspaper having circulation all over India and in Kannada newspaper having circulation in Karnataka. It is also posted in Company's website and EDFIR Website.

Placed before the Board and affirmation in this regard included in Corporate Governance Report.

Will be complied in the Annual Report for 2010-11.

Money raised through the issue has been fully spent.





The Company was not any further issue of shares.




As We have not come out with a Public issue, Rights issue, Preferential Issue recently, we note the same for our future compliance.

The composition, remuneration etc., of the board is governed by the provisions of Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970. The non-executive directors do not have any material pecuniary relationships or transactions with the Bank. Remuneration paid to CMDIED as fixed by the Govt of India arid the sitting fees paid to other directors as per the scale fixed by the GoI, are disclosed in the Annual Report2009-10. The Ministry of Finance (Banking

The Management Discussion and Analysis Report has been incorporated in the Annual Report 2009-10.

The profile of the Directors has been incorporated in the Annual Report for the year 2009-10. The quarterly results are displayed on the website of the bank and for half-year ended 30.09.2010 was forwarded to the shareholders by us. Our Bank has a Shareholders Grievances Committee - a Sub Committee of the Board of Directors to redress the Grievances of the Shareholders. The Committee meets four times in a year. Our bank also has another sub committee of the Board of Directors to expedite the

Has been complied with for the year ended 31.03.2010 and reported to our Board also. The same was incorporated in the Annual report 2009-10.


- YES YES YES YES YES YESN.A. N.A. N.A. N.A. N.A.











Included in the Annual report.






YES NO NA YES YES - YES



Utilized for the for which it was raised and the unutlized fund has been earmarked and kept it in the separate Account.

Complied with for the F.Y. 2009-10 and will be complied for the F.Y. 2010-11.

Management Discussion and Analysis Report was circulated along with the Annual Report of financial year 2009-2010 and necessary compliance will be made for the financial year 2010-11.

In the event of appointment or re-appointment of Directors, the Shareholders are provided required details.

Disclosed in the Annual Report for the Financial Year 2009-10 and shall be complied for the Financial Year 2010-2011.

Shall be duly disclosed, in the event the treatment is different from Accounting Standards.


Forms part of the Annual Report for the year 2009-10. Shall form part of the Annual Report for the year 2010-11.


Complied in respect of Financial Year 2009-10. Also forms part of the Annual Report for the year 2009-10. shall be complied for the financial year 2010-11.


The operations of the company have been closed since November 2000 due to lock out following labour unrest. The Company shall lay down procedures to inform Board Members about the risk assessment and minimization procedures as required by listing agreeement once the Company restarts its operations. The Company, however, uses conventional method of informing Board Members about the risk assessment and minimization of the same. The same is supplemented

(Partly yes) All the relevant provisions are complied with except placing certain information on Web site. The above partial non-compliance is due to lock out of operations since November, 2000, following labour unrest. The relevant provision will be complied with once the Website is launched on restart of operatiosn and normalcy is stored.




Deviations, if any,along with reasons thereof will be reported in the Corporate Governance Report forming part of the Annual Report.

The Company has not made any public issue, right issue, preferential issue in the recent past.

Disclosure, as necessary, are being made in the Corporate Governance Report forming part of the Annual Report.

49(IV F)(i) : Management Discussion & Analysis forms part of the respective years' Directors' Report. 49(IV F)(ii) : Material financial and commercial transactions as covered under this sub-clause, if any, will be disclosed to the Board. Senior management provides a nil disclosure to the Board anually, even if there are no such transactions.

The Company did not raise any money through an issue.

As per the 60th Annual Report.

All the Directors were appointed and their remuneration fixed by Government of India.








Complied Complied Complied Complied Complied Complied CompliedYES YES NA YES YES YES YES






Clause 49 (IV)(F)(i) Complied with in the Annual Report 2010.

Clause 49 (IV)(G)(i) & Clause 49 (IV)(G)(ia) complied with in the Annual Report 2010. None of the Directors of the Company are related to each other except to the extent that the Directors nominated by Infrastructures Leasing & Financial Services Limited (IL&FS) are also employees of IL&FS.







Being Complied

YES YES YES YES NA YES NA


YES YES YES - - - -



Treatment different from that prescribed in Accounting Standard has not been followed in preparation of the financial statements.


The Company has not raised any money through public issues, rights issues, and preferential issues etc. in this quarter.

Except sitting fee, no remuneration has been paid to Non-executive Directors during the quarter. Details of sitting fees paid to Non-executive Directors and remuneration paid to Executive Directors are disclosed in the Annual Report for the year 2009-2010.

Management Discussion and Analysis forms part of the Directors' Report for the year 2009-10.

(A)Shareholders have been provided with the information regarding Directors seeking appointment / reappointment in the Annual Report for the year 2009-10. B)Un-Audited Financial results for the quarter ended September 30th, 2010 were submitted to the Stock Exchanges where the shares of the Company are listed on 02 November, 2010 and were published in newspapers on 04 November, 2010. C)Shareholders / Investors Grievance Committee has been formed to specifically look in to the re-dressal of the shareholders/I

CEO/CFO Certificate have been placed before the board.



Will be complied and disclosed in the next Annual Report.

Will be complied with at the AGM in the next Annual Report.




No change in the Accounting Treatment.




The Company complies with all Accounting Standards.

The Company complies with this in the Annual Report.



Management Discussion and Analysis Report already complied in 2009-10 and for the year 2010 shall be complied in the Annual Report.

Not Applicable as no money has been raised through public issues, rights issues, preferential issues etc.

Disclosures as to remuneration of directors and components thereof will be made in Annual Report of 2010-11.

Management Discussion and Analysis Report will be incorporated in the Annual Report of 2010-11.





NA NA NA NA NA NA NAYES NA NA NA NA NA YES

No change in Accounting Treatment.

In preparation of financial statement as prescribed in accounting standard is followed.

Company has not made furthur capital issue.

Information regarding directors remuneration is provided in the annual report for the year ended 31.03.2010

Management Discussion and Analysis Report is Provided in the Directors Report of Annual Report for the year ended 31/03/2010.

Information regarding director's is provided in the notice to shareholders on their appointment / reappointment. Shareholders investor grievance-cum-transfer committee is formed. Particulars of which is provided in the Annual Report for the year ended 31.03.2010.

In the Corporate Governance,In the annual report for the year ended 31.03.2010 Information under "Disclosures" is given.



NA YES NA NO NO YES YES


Done, as and when applicable.

Done on an annual basis at Board Meetings.

Will be done in the Annual Report for the year ending on March 31, 2011.

MDA will form part of the Annual Report for the year ended 31st March, 2011. Will be done in April, 2011 on an annual basis.

Full information is regularly disclosed in the Annual Report/ Notice Convening the Annual General Meeting when applicable. Website is regularly updated. Investors' Grievance Committee comprises of two Non-executive Director and one Whole-time Director (Chairman is a Non-executive Director). The power to approve transfer of shares has been delegated to the Investors' Grievance Committee.

A certificate from the CEO / CFO is placed before the Board.

Complied on the date of Annual General Meeting (28th December, 2010)



As per Hon'ble BIFR Order.


As there is no instance where the company has followed different treatment from that prescribed in accounting standards.

As there is no money raised by the company during the quarter.




Required Certifiacte shall be annexed in the Annual Report 2010-2011.


- YES NA - - - -







Complied in the Annual Accounts.





Complied with 25th Annual Report at the AGM.


Relevant disclosures will be made in the Annual Report for 2010-11 in due course.





Company has not made any public, rights or preferential issue/s till date.

Will be complied with at AGM











Funds raised through Public offering have been fully utilized long back hence no disclosure required in this quarter.

Details are being furnished in the Annual Report.




Compliance Made

Compliance Made

Compliance Made

Compliance Made

Compliance Made

Compliance Made

Complied in Annual Report 2009-2010 & will be complied in Annual Report 2010-11.




Will be complied with in the next Annual General Meeting.


No such proceeds during the quarter.

To be Complied in Annual Report 2010 - 11.




Funds not raised









YES YES NA YES - YES -





-


Will be Complied with as and when the situation arise.

CEO/CFO Certificate forms part of Annual Report.



Will be provided as and when due.

Will be complied while preparing the Annual Report for the year ended 2010-11.









- YES YES YES YES YES YESComplied Complied

YES YES YES - - - -







Accounts as per Accounting Standards.





Disclosure for financial year 2009-10 is made in Annual Report 2009-10.



Will be complied within the next Annual Report.






Complied in Annual Report 2010.




Has been complied from the Annual Report 2005-06.

Compliance will be done in the Annual Report for FY 2010-2011.




YES YES NO YES YES YES YESNot Applicable.

YES YES NO YES YES YES YES





- YES YES NA NA NA YES

Certificate obtained for F/Y 2009-2010.



Being complied at the time of Quarterly / Annual Accounts.



Will be taken care of as & when applicable.

Will be complied as and when required.

No change in Accounting Treatment.

Will be complied with in the Annual Report for the year ended March 31, 2011.

Complied with to the extent applicable. Additional Requirements will be complied with in the Annual Report for the year ended March 31, 2011.



CEO/CFO certification is included in A.R. 09-10.

Will be given in Annual Report.





YES NA NA NA YES NA NA




YES YES NA NA NA YES NA



YES YES YES NO NO YES YES

Disclosures were made in the Annual Report for the financial year 2009-10.

Form part of the Annual Report for the financial year 2009-10. and shall be complied with in the Annual Report for the year 2010-11.

Form part of the Annual Report for the financial year 2009-10.













These clauses are complied with in the Annual Report for the Financial year 2009-10.



Complied till Annual Report for 2009-10. Will be complied in the next Annual Report.








It has to be disclosed annually. The said disclosure for the financial year ended March 31, 2010 has been made in the Annual Report 2009-10.


To be provided in the Annual Report.

To be provided in the Annual Report.







There is no deviation from the accounting standards in preparation of financial statements.


YES YES YES YES YES YES NONIL NIL NIL NIL NIL NIL

- YES YES YES YES YES YESAnnually


N.A. N.A.YES YES NA NA YES YES YES

N.A. N.A.NO YES NA NO NO YES NO





Utilisation of proceeds from public issue are considered quarterly and will be complied in the Annual report 2010-11.

Will be Complied in the Annual Report 2010-11.











The matter, if any, will be complied within the Annual Report.

The statements on quarterly and Annual basis will be dealt with at the required time.

The matters will be complied with at time of appointment/re-appointment of director(s). The Quarterly Results shall be put on the Company's website.

Formed part of Annual Report 2009-2010 and will be complied with in the next Annual Report.

No proceeds received during the quarter.

Complied under Annual Report for FY 09-10.


YES YES NA YES YES YES NA




Disclosures regarding different treatment from prescribed Accounting Standard shall be made whenever occurred.

The company has laid down procedure to inform Board members about the risk assessment and minimization procedures. These procedure shall be periodically reviewed.

During the year 2009-10 and from 01.10.2010 to 31.12.2010 no proceeds have been raised by the Company by way of Public Issue, Right Issue, Preferential Issue etc.

Disclosure regarding Remuneration of Directors for the financial year 2009-10. have been made in the 17th Annual Report for the year 2009-10.

The Management Discussion and Analysis Report forms part of Directors' Report.

Information relating to appointment and re-appointment of directors have been disclosed in the 17th Annual Report of the Company for the year ended March 31, 2010 The Company has a Shareholders/investors Grievance Committee to specifically look into the redressal of shareholder and investors complaints like transfer of shares, non-receipt of balance sheet, non-receipt of declared dividends etc. Mr. Ashwini Dua is the Chairman of the committee and is a Independent and non-executive

The 17th Annual Report for the year 2009-10 contains the requisite certification.

No public issue has been made by the Company in the recent past. Will be complied with when the situation arises.








Will be complied at the AGM.


Complied / Will be complied in the Annual Report.
















YES YES NA YES YES - -

At present there are no such accounting treatment. In case any such treatment is followed, the same will be disclosed in the financial statement etc.

The bank has not come out with any public issues, right issues and prefrential issues etc.during this quarter. In case of previous issues, the proceeds of the issues, have already been utilized for the purpose for which it was raised.

Being complied with on an on going basis in the Annual Reports.



Will be complied at the time of finalization of accounts.

Rs. 263.13 crore thro' Rights Issue. Bank has raised the capital to improve the capital adequacy ratio vis-a-vis risk weighted assets.

Will be applicable in the next Annual Report.

Will be done in the next Annual Report.

Will be done in the next Annual Report.

No shares of any kind is issued. Hence not applicable.











YES YES NA - - - -

Already disclosed in the Annual Report for the year 2009-2010 and shall be disclosed further in Annual Report of 2010-11.




Forms part of the Annual Report

Accounting Standards laid down by ICAI has been followed.

Disclosure from the Board Members has been obtained. The procedure has been laid down to inform Board Members about the risk assessment and minimization procedure and has initated process of implementing the same.

No remuneration is being paid to the Directors except Sitting fees for attending the meeting/s.



For F.Y. 2009-2010, complied in the Annual Report.


Will be included in the next Annual Report for the year ending 31/3/2011.







YES YES NA YES YES YES YESComplied with





YES YES NA NA NA NA NA

Only MD is remunerated.

All Accounting Standards are followed.

No proceeds received during the quarter.

Will be complied with at the time of AGM / Annual Report.



IPO was done long back.

Complied in the Annual Report



Will be complied with in the next annual report.



The criteria for making payments to Non-Executive Directors is available on Company's Website and reference is drawn thereto in the Annual Report for the year ended 31.03.2010.

The Management Discussion and Analysis will be included in Annual Report for the year ended 31.03.10, as in the past.


Complied on the date of Annual General Meeting (30th September 2010).











NA YES NA YES YES YES NA


As and when Applicable.








Will be complied with at the Annual General Meeting


Will be complied.





Being done as part of the Annual Report

No proceeds received against Public issue/ right issues and preferential issues as they have not issued during the quarter.

Being done as part of the Annual Report.




- YES YES NA YES YES -Complied

YES YES YES YES YES YES YES- - - - - - -NA YES YES NA YES YES YES


During this period there is no change in Accounting Treatment

Risk Management Policy has been approved by the Board.

Shall be disclosed in the next Annual Report.




Remuneration / Sitting fees to the full time as well as non executive Directors are determined by the Government of India and accordingly paid.

Complied at the time of finalisation of Accounts at the end of the quarter / half year.

No issue of Capital has been made by the Company in the recent years.

The Non-Executive Directors stopped drawing any remuneration by way of sitting fees for attending Board/Committee Meetings.

Complied for F.Y. 2009-10. Will be complied for F.Y. 2010-11.






















Disclosures made in the Annual Report for 2009-10. Will be complied with in the Annual Report for 2010-11.

Will be part of the annual report for the year ended 31st March 2011.



No Disclosure as the company follows accounting treatment as per the accounting standards applicable to it.


Not Applicable.





Disclosures made in Quarterly Results. Annual Statement laid before the Audit Committee.

Disclosure made in the Annual Report of 2009-2010.

Information submitted in the Annual Report of 2009-2010.

Complied in the Annual Report of 2009-2010.



Will be complied in the next Annual Report.- 49(IVG)-(i).

Will be complied at the time of consideration of full year accounts by the Board.

Details of remeuneration of the Directors for the fianancial year 2009-10 have been furnished in the corporate governance report included in the Annual report for the financial year end 2009-10.

Has been included in the Annual report for the financial year 2009-2010.

Certificate of CEO/CFO annexed to the Direcors report for the Financial year 2009-2010 included in the Annual report for the Financial year 2009-2010.




- YES - YES YES YES YESNot applicable Not applicable





NA YES YES - - - -

No treatment different from the prescribed Accounting standards has been followed while preparing financial statements during the quarter.





Applicable Accounting Standards have been observed.

Disclosure for the year 2009-2010 complied in the Annual Report for the year 2009-2010.






Did not go for public / right issues.

The Financial Statements are prepared in accordance with Accounting Standards issued by the Institute of Chartered Accountants of India.















Complied with to the extent applicable. Additional requirements. Will be complied with in the Annual Report 2010-11.



Will be complied within the Annual Report 2010-11.

Complied with to the extent applicable. Additional Requirements will be complied within the Annual Report 2010-11.




NO YES YES NO NO YES NO





NA YES YES YES NO YES NO



















It shall be duly disclosed in the Corporate Governance Report, wherever the treatment is diffrent from Accounting Standards.

Will form part of the Qaurterly Results.

The Company got listed on 05th October, 2010. Shall form part of the Annual Report for the year 2010-11.


The Company got listed on 05th October, 2010. Compliance with 49 (IVG) (ia) Shall be carried out in the Annual Report for the year 2010-11.


Will be complied in next AGM - 2011.






In the preparation of Financial Statements, no treatment different from that prescribed in the Accounting Standards issued by the Institute of Chartered Accountants of India has been followed.

The Company has laid down policies and procedures to inform Board members about the risk assessment and minimization procedures. The risk management aspects have been incorporated into a comprehensive risk warning system in order to identify and manage strategic and operational risks at the individual function level, management level and Board level. The system is based on an annual risk inventory, which covers the risks identified in the previous year, newly emerged risks and

The Company has not made any Public, Rights or Preferential Issue during the period under review.

In addition to the Sitting Fees for attending meetings of the Board of Directors and Audit Committee, the Non- Executive Directors are entitled to receive Commission at a rate not exceeding one percent of the net profits of the Company in each year. The payment of Commission has been approved by the shareholders in the Annual General Meeting held on January 30, 2006. The pecuniary relationship or transaction of the Non-executive Directors vis-á-vis the Company is disclosed in the Annual

In respect of the Financial Year ended 31/03/2010 it forms the part of Directors Report in Annual Report of 2009-10. In addition to the Sitting Fees for attending meetings of the Board of Directors and Audit Committee, the Non- Executive Directors are entitled to receive Commission at a rate not exceeding one percent of the net profits of the Company in each year. The payment of Commission has been approved by the shareholders in the Annual General Meeting held on January 30, 2006. The pecuniary relationship or

i] In the Annual General Meeting held on June 28, 2010, Mr. Vimal Bhandari was reappointed as Director liable to retire by rotation. The brief resume of the aforesaid director, his nature of expertise in specific functional areas and names of Companies in which he holds Directorships and the memberships of the Committees of the Board have been provided to the shareholders in the Notice of the Annual General Meeting in which he was re-appointed. No new director was appointed during the

In accordance with the provisions of revised Clause 49 [V], the CEO and Head of Finance have certified to the Board the Financial Statements and Cash Flow for the Financial Year ended 31st March 2010.

In the Audited Results & Annual Report.

The Company has not made any Public offer/raise funds from the public.





Only Whole-time Director of the Company are paid remuneration whose appointment and remuneration have been fixed by the Remuneration Committee of the Board in accordance with the provisions of schedule XIII of the Companies Act, 1956 on such terms as decided by the remuneration committee.

The company is ensuring the risk assessment and risk minimization through its Internal Checks & Controls and Internal Audits.

The Govt. of India, State Governments of Maharashtra and Madhya Pradesh disinvested 10%, 5%, and 5% respectively, of the total paid up share capital of the company. All the proceeds of the issue have gone to the respective Governments.

The remuneration of the Directors is disclosed in the "Corporate Governance Report" . Moil Limited is a Government Company and the remuneration of the Directors is determined in terms of the guidelines issued by the Department of Public Enterprises.

Being published since 2008-09.










A certificate was placed before the Board at their meeting held on October 28, 2010.


Will be Reported in Corporate Governance Report forming part of the Annual Report.

Necessary Disclosure will be made in the Annual Report.

Requirement with respect to the Management Discussion & Analysis Report will be complied with in the Directors' Report.

Will be complied with in the Annual report.








Not applicable.





Financials are prepared in accordance with Accounting Standards and hence no disclosure is required.

Risk assessment and minimization procedures are periodically informed to the Board.

All details of remuneration of Directors are disclosed in the Annual Report for the year ended October 31, 2010. which would be sent to the members in due course.

Management Discussion and Analysis Report forms part of Annual Report of the Company for the year ended October 31, 2010. Senior Management confirms on an annual basis that there were no material financial and commercial transactions where they have personal interest.

Disclosure regarding appointment of new director etc. is informed to shareholders through website and annual report. Quarterly results and analyst presentations are also made available on the website of the Company. Investor Grievance Committee reviews investor grievance and status of redressal of the same periodically. The power to approve share transfers stands delegated to the Share Transfer Committee.

The CEO & CFO give the required certification on an annual basis. Certification for the year ended 31 october 2010 has been given to the Board at the time of review of the financials for the period ended 31 October 2010.

Will be complied in the Annual Report 2010.





Will be placed before the Board during finalization of accounts for the financial year ended December 31, 2010.



Requisite information has been disclosed in the Annual Report 2009-10.

Requisite information has been disclosed in the Annual Report 2009-10.

(i)Disclosures has been made in the Annual Report 2009-10. (ii) Quarterly results & presentations etc are being put up on company's website regularly. (iii) Shareholders/Investors Grievances Committee is already in existence. (iv) Shares transfer committee is already in existence.




- YES NA YES YES - YES




- YES NA YES YES YES YES- Nil Not Applicable Nil Nil Nil

The Company is not paying any remuneration to Non-Executive Directors. However, the Directors are paid sitting fees for attending Board/Committee meetings details of which are given in the Annual Report.

Will be Complied in the next Annual General Meeting.







Will be Complied only in the AGM.



- YES YES YES YES YES NA

Complied with Complied with Complied with Complied with Complied with



YES YES YES NA YES NA YES





Not applicable to this quarter

The provisions on CEO/ CFO certification for financial year ended 31st December 2010 will be complied in the next Annual Report.

The provisions on CEO/CFO certification for financial year 2010-2011 will be complied in the next Annual Report.


Governed by Section 42 of SBI (SB) Act, 1959.


Governed by Section 25 of the SBI (SB) Act, 1959.





Disclosure made in Annual Report and reported to Stock Exchange for the quarter ended September 30, 2010.


The Company did not raise any fund during the period by way of P.I./R.I./Pr.I.






YES YES NA YES NO YES YES

NA NA NA NA NA NA NA



The Company did not raise any fund during the period by way of P.I./R.I./Pr.I.

The proceeds of Right issue of Rs 4554.90 lac have been fully utilised for the expansion project as on 31st March , 2010.

Complied with in 16th Annual General Meeting.









Complied with Complied with Not Applicable




Complied

Disclosed in the Annual Report for 2009-10.



Complied with for 2009-10 and each quarter as well

The Company is complying with the applicable accounting policies and Accounting Standards. In case any thing deviates from the Standard Accounting Policies and Accounting Standards, the same shall be disclosed in the Annual Report along with proper explanation by the Management.



Required information to shareholders will be complied in the next Annual Report.

Will be complied at the time of finalization of financial statement.









There has been no treatment different from prescribed Accounting Standards.

Complied with in the Annual Report. 2009-10 Necessary reporting for the current financial year will be done in the next Annual Report.

Complied with in the Annual Report. 2009-10 Necessary reporting for the current financial year will be done in the next Annual Report.

Shall be forming part of Corporate Governance Report in the ensuing Annual Report.




The disclosures will be made in the Annual Report, if situation arises.

To be complied in Annual report

To be complied in Annual report

To be complied at the time of approving of Annual Financial Statements.

Necessary reporting has been done in the Annual Report.


Quarterly Results will be put on Website.


Complied with in 68th Annual Report of the Company for the Financial year 2009-10.







YES YES YES YES YES YES YESNA NA NA NA NA NA NAYES YES YES YES YES YES YES

YES YES NA YES YES YES YESat present


The company is following prescribed Accounting Standards ,so there is no different treatment from prescribed Accounting Standards in the preparation of financial statements.

The company has complied with the procedures to inform board members about the risk assessment as per clause 49 (IV C).

The company has not raised any money through Preferential issue/ Rights issue / public issue during the year .

There are no pecuniary relationships or transations with the non- executive directors and no remuneration is paid to directors and the other necessary details disclosed in the Annual Report.

Management discussion and analysis Report to the shareholders and the other relevant information has been furnished in the annual report for the year 2010-2011.


CEO/CFO certificate will be furnished in the Annual Report for the year 2010-11.

Certificate to this effect formed part of the Annual Report for the year ended on March 31, 2010, and will be complied for the year ended on March 31, 2011.

Complied in Annual Report.



The financial statements are being prepared in conformity with the Accounting Standards referred to sub- section (3c) of Section 211 of the Companies Act, 1956. However, if there is any different accounting treatment than what is prescribed in the Accounting Standard is adopted, such facts are being furnished in the financial statements and explanation for the same is also furnished in the Corporate Governance Report.

Appropriate disclosures will be made to the Audit Committee, if any such issue is made in future.

Relevant disclosures have been made in the made in the Annual Report 2009 - 2010 and also in the Notice convening the AGM for the year 2009-2010 and the same will be complied with in the Annual Report 2010-2011 and also Notice convening the AGM for the year 2010- 2011.

Complied with the requirements ot furnishing CEO/CR) certificate for the year 2009-2010 to the Board. For the year 2010-2011, the same will be complied with.






Complied with in the Annual Report for financial year 2009-10. For the Financial year 2010-11, the same shall be complied in the next Annual Report.

Sub Clause (i) Complied with in the Annual Report for financial year 2009-10. For the Financial year 2010-11, the same shall be complied in the next Annual Report.



The CEO/CFO certification for the financial year 2009-2010 has been obtained and forms part of the Annual Report of the Company for the Financial year ended March 31, 2010.

To comply if applicable.




YES YES NA YES NA YES NA

YES YES YES NA YES YES YESComplied Complied Complied Complied Complied


Company had not raised fund.

The Company has followed the applicable Accounting Standards.

Will be complied with at the Annual Report.



Accounting treatment of 2009-10 have been disclosed in the Annual Report 2009-10 and for the quarter December 31, 2010 shall be disclosed in the Annual Report of 2010-2011.

Board Discloures of 2009-10 have been disclosed in the Annual Report 2009-10 and for the quarter December 31, 2010 shall be disclosed in the Annual Report 2010-2011

The company during the quarter has received Rupees Rs.1,06,62,500 (Rs One Crores Six Lacs Sixty Two Thousand Five Hundred only) from the preferential issue and the statement of money received and used will be placed before the Audit Committee & will be duly certified by the Statutory Auditor.

Remunaration of Directors of 2009-10 have been disclosed in the Annual Report 2009-10 and for the quarter December 31, 2010 shall be disclosed in the Annual Report of 2010-11.

Management of 2009-10 have been disclosed in the Annual Report 2009-10 and for the quarter December 31, 2010 shall be disclosed in the Annual Report of 2010-2011.

Shareholders of 2009-10 have been disclosed in the Annual Report 2009-10 and for the quarter December 31, 2010 shall be disclosed in the Annual Report of 2010-2011.

Disclosed in the Annual Report of 2009-2010.


Will be complied in the Meeting to be held for Accounts approval.

The proceeds of public issue and utilization are being reviewed by Audit Committee and the Board.

Not applicable. No remuneration is paid to Non-executive Directors except sitting fees.






Financial Statements are prepared in accordance with the Accounting Standard prescribed by the Institute of Chartered Accountants of India.

The risk profile of the Company is periodically reviewed by the Managing Director, Executive Director and Senior Management of the company.

The company has not raised any money through an issue of securities in the manner as specified in this clause, during the year.

Disclosures shall be made in the section on the corporate governance report in the next Annual Report.



Will be complied with at the Annual General Meeting.








Quarterly risk management report presented to the Board.

Disclosures complied with in the Annual Report for FY 2009-2010.

Management Discussion and analysis Report - complied with in Annual -Report for FY 2009-2010.

Disclosures of Directors details complied with in the Notice of Annual General Meeting held on September 24, 2010. Quarterly results prepared by the Company are available on the company's web-site, www.ntbcl.com. A Committee of Directors termed as the Investor Grievance Committee has been constituted chaired by a non-executive Independent Chairman for looking into redressal of shareholders' and investor's compliants. Senior Management personnel have been authorised to

Complied for the Financial Year 2009-2010 Certificate presented to the Board of Directors at the meeting held on April 28, 2010.










Would be complied with from time to time on receipt of proceeds of public issues, rights issues, preferential issues etc.

The Company did not make any issue.










YES YES YES - YES YES YES




The company has already laid down procedures to inform Board members about risk assessment and minimization procedures and are periodically reviewed.

In case of such proceeds, if any, adequate disclosures shall be placed before the Audit Committee Members.

Disclosure on remuneration of Directors is a part of corporate Governance Report in the Annual report. All additional disclosures are included in current year's Annual Report.

The Management discussion and analysis is a regular part of our Annual Report.

1.Directors retiring by rotation have been reappointed through voting by poll in the adjourned Annual General Meeting held on June 25, 2010., a brief resume of the Director was provided in the notice of AGM as well as "Report on Corporate Governance" in Annual Report. 2. The Company's quarterly / annual results are on its web site. 3. Shareholders Grievance committee has been formed.

CEO/CFO certification is published in the Annual Report for the year 2009-10.

No remuneration to non executive directors.

Are complied at AGM.


Disclosure requirement(s), if any, will be complied in the next Annual Report.







- YES NA NA NA YES NA



NO NO YES NO YES YES NO

For Financial Year 2009-10 the disclosure is made in Annual Report 2009-10 and for Financial Year 2010-11 the disclosure will be made in Annual Report 2010-2011.


The Company has formed Shareholders' Grievances committee.


Disclosed in Annual Report for the year 2009-10.

During year of 2009-10 there are no isuues.

There are no public issues, Rights or Preferential issue during the year 2009-10.











Since, it belongs to the Annual Financial statements; it is not covered as a part of quarterly compliance.

Since, it forms a part of the Annual Report; It is not covered as a part of quarterly compliance.


Since, it relates to certification of financial statements and cash flow statements, it is not covered as a part of quarterly compliance.




YES YES NO YES NO YES YESNot Applicable









Relevant certificate will be produced in the Annual Report for the financial year 2010-2011

Annual Report including MDAR to the shareholders was not sent as the Annual Audited Accounts for the year ended on 31/03/2010 are not ready to adopt.






- YES NA - - - -







Will be complied in the Annual report for the year ending 31.03.2011.



Will be given after the finalisation of Annual Accounts for the year ending 31.03.2011.




- YES YES YES YES YES YESComplied.



Shareholders / Investors Grievance Committee under the chairmanship of non executive independent director has been formed to look into the redressing of shareholder and investor complaints.

Yearly requirement

Necessary disclosure will be made as and when any issue is made.

Has been Complied with in the Annual Report of 2009-10 and shall continue to be complied with in future, too.


All required disclosures to shareholders are being made either through Annual Report and / or press publication and / or through intimation to Stock Exchange and / or uploading the require disclosures on the website of the Company/ Stock Exchange. The Company shall continue to do so in future as well.

CEO/CFO Certificate has been put up in the meeting of the Board of Directors of the Company held on August 27, 2010 and shall likewise continued to be placed in the future Board Meetings also to be held for consideration of Annual Accounts.












The entire proceeds has been fully spent on 30.06.2009 and accordingly published in the newspaper on 01-08-2009 under note. 3 of the Unaudited Financial Results for the quarter ended 30-06-2009.





No pecuniary relationship or transactions with the Non-Executive Directors.



Financial year of the Company is from July - June. Complied for the financial year July 09 - June 10.




N.A.



Forms a part of Annual Report 2009.

Procedure for disclosures including that of risk management to the Board have been laid down & reviewed periodically by the Board.

Details of the remuneration of the Directors for the year 2009 has been disclosed in the Corporate Governance Report forming part of Annual report-2010 of the Company.

Management Discussion and Analysis Report has been provided separately in the Annual Report-2010 of the Company.

Unaudited Financial Results for the quarter ended 30th September, 2010 were uploaded on the Company's Web site.

Certificates issued by CEO/COO/CFO with regard to the annual accounts of the year 2010 will be tabled at the forthcoming Board Meeting of the Company.

To be complied with the Annual Report 2010-11.





YES YES NA NA NA NA NAComplied With Complied With



NA YES YES NA YES YES NA

YES YES NA YES - - -


Management Discussion & Analysis Report will form the part of Annual Report.

Complied yearly

Not Applicable in Current Quarter. Shall be applicable at the time of Annual Report.




The Same has been included in the Directors Report in the Annual Report.

The Same has been done at the time of finalization of Annual Report.





















During the quarter ended 31 December, 2010, the report of utilization of money received from preferential offer of Equity Shares and Equity Warrants, was placed before the Audit Committee at their meeting held on 28th October 2010.

The necessary diclosures on the Remuneration of Directors as required under clause 49IV(E) are regularly made in Annual Reports and will be made in the next Annual Reports also.

A Management Discussion and Analysis Report as required under clause 49IV (F) forms part of the Annual Report for the year ended March 31, 2010.

In case of appointment of new Director(s) or re-appointment of existing Directors necessary information as required under clause 49IV(G) is provided in the Annual Reports and it will be provided to shareholders in the Annual Report for the next year also, whenever appliacble.

The CEO/CFO certification as required under clause 49(V) has been obtained with reference to the financial statements for the year ended March 31, 2010.

Will be Complied in next Annual Report at the time of AGM.

The Committee known as Shareholders' / Investors' Grievance Committee has been constituted.




Disclosed in the 39th Annual Report of the Company for the Financial Year 2009-10 & for the Financial Year 2010-11 will be disclosed in the next Annual Report.






NA YES YES YES YES YES YESNA NA NA NA NA NA




Disclosures for the Financial Year 2010-11 will be made in the next Annual Report.




As there was no different treatment hence no disclosure is required.

It will be complied as and when money is raised.




The Company had procedure to assess and minimize the risk for the business of the Company. The same is being reported to the Board from time to time.

The necessary details form part of the Annual Report for the year ended 31st March, 2010.



Proceeds from IPO have been fully utilized.

Complied in the last Annual Report 2008-2009.




NA YES YES YES YES - YES



Financial Statements are prepared in compliance with applicable accounting standards.

Disclosed to Audit committee on quarterly basis and in the notes to the Quarterly Financial results. The Shareholders of the Company have passed a special resolution in the 105th AGM of the Company held on 28th September 2010 have approving revised utilisation of residual QIP proceeds at the discretion of the Board of Directors of the Company in the best interest of the Company.

Necessary disclosures made in the Annual Report.

Necessary disclosures made in the Annual Report.

49 (IV) (E) complied in the Annual Report of F.Y.2009-10.

49 (IV) (F) (i) complied in the Annual Report of F.Y. 2009-10.

49 (IV) (G) (i) complied in the Annual Report of F.Y. 2009-10.

Complied in F.Y. 2009-10.






Management discussion and analysis report will form part of the Annual Report.

Will be complied in the Annual report.


Complied in the Annual Report for the period ended 31st March, 2010.

The CEO certificate was obtained at the time of finalizing Annual Accounts.

Company made an IPO in year 2009 and issue proceeds were fully utilized during the financial year ended March 31, 2010.

Being complied on annual basis.




Will be complied where appliacble.

The last issue was a Right Issue in 2009 and the entire money raised has since been fully utilized.

Necessary disclosure for FY11 will be made in the Annual Report for FY11.

Management Discussion Analysis for FY11 will be included in the Annual Report for FY11.

Details of Directors who has been appointed / re-appointed at the AGM to be held on June / July 2011 have been included in the Annual Report for FY11.

Requisite Certification for FY11 will be made to the Board at the meeting at which Annual Accounts for FY11 will be considered for approval.




Will be complied where applicable.

The last Issue was a Right Issue in 2005 and the entire money raised has since been fully utilized.

Necessary disclosure for FY11 will be made in the Annual Report for FY11.

Management Discussion Analysis for FY11 will be included in the Annual Report for FY11.

Details of Directors who will be appointed / reappointed at the AGM to be held on June / July 2011 will be included in the Annual report for FY 11.

Requisite Certification for FY11 will be made to the Board at the Meeting at which Annual Accounts for FY11 were considered for approval.

Will be complied where applicable.

Necessary disclosures for FY11 will be made in the Annual Report for FY11.

Management Discussion Analysis for FY11. will be included in the Annual Report of FY11.

Details of Directors who will be appointed/re-appointed at the AGM to held in June / July 2011 have been included in the Annual Report for FY 11.

Requisite Certification for FY11 have been made to the Board at the Meeting at which annual accounts for FY11 to be held in April / May 11.

Being complied at Audit Committee meetings/ Board meetings/ Annual General Meetings as the case may be.


NO YES YES NO NO YES NO












In case of PSBs, remuneration is governed by Govt. guidelines.




Since no public issues, rights issues have come in the past 5 years. The Company has raised money from QIP Issue in March 2007.

The Company is following prescribed Accounting Standards, so there is no different treatment from prescribed Accounting Standards in the preparation of financial Statements.

The Company has complied with the procedures to inform Board members about the risk assessment as per clause 49(IV C).

The company has not raised any money through prefrential issue/Right issue/ Public issue during the year.

There are no pecuniary relationships or transactions with the non-executive directors and no remuneration is paid to directors and the other necessary details disclosed in the Annual Report.

Management discussion and analysis Report to the shareholders & the other relevant information will be furnished in the Annual Report for the year 2010-11.


CEO/CFO certificate was furnished in the Annual Report for the year 2010-11.

Complied with







Compliance shall be continued in the Annual Report for 2010-11.



Compliance has been made at the Board Meeting held on 29.05.2010 for considering the Audited Accounts for the year ended 31st March, 2010 and will be continued.

A Corporate Governance Report together with the report received from CEO & CFO was attached in the Annual Report 2009-10.

Company has not made any Issue during the quarter under report.





All the projects/Schemes to be undertaken by the company are agreed to prior to execution by all the Beneficiary States. The Projects/Schemes are made part of the 'Bulk Power Transmission Agreement'. Contractual provisions for timely execution of the Projects/Schemes are in place. To ensure the timely completion of the projects necessary steps are discussed at Project Review meetings and at higher levels and implemented. The Enterprise Risk Management Framework

The remuneration of the Directors is disclosed in the "Corporate Governance Report". Presently, the element of remuneration is not being mentioned as POWERGRID is a government company and the remuneration of the directors is determined by the guidelines issued by the Department of public Enterprises. POWERGRID constituted a Remuneration Committee for deciding the performance related pay (PRP) in terms of the DPE directive for the CMD and Functional Directors at the Board level which has

Being published since 2003-04.

The certification was placed before the Board with Annual Accounts for the F.Y. 2009-10.


The same will be disclosed in the Annual Report.












- - - - - - -



Disclosures given in the Annual Report 2009-10.

MDA forming part of the Annual Report 2009-10.

Information given in the Annual Report 2009-10.

Certificate given in the Annual report 2009-10.






Non-Executive Directors are not paid remuneration (except Sitting Fees-approved by the Board and Shareholders).








Will be complied when need arises

Will be complied when need arises

- - NA - - - -


YES YES YES - - YES YES


YES YES YES YES NA YES NA


- YES YES - - - YES


YES YES NA - - - -

Necessary disclosure will be made in the Annual Report of the Company.

Necessary certification will be placed before the Board of Directors.

Complied with in the Annual report of 2009-2010.





Annual Compliance - Reported in 14th Annual Report for the year 2009-10.



To be complied in the Annual Report.





Will be complied at the time of Annual Accounts.









NA YES NA YES YES YES YESN.A N.A N.A N.A N.A N.A







Will be Complied with in the Annual Report 2010-11.



included in the Annual Report

Will be complied with as and when required.


Will be complied with, as and when required.


To be complied at the time of Annual general meeting.

Will be complied with in the ensuing Annual Report.

Company is following the Accounting standards.

NA YES YES YES YES NA NA



There were no Public, rights or Preferential Issues during the Quarter.

Details regarding remuneration to directors is included in annual report.

Management discussion and analysis form part of annual report.

Communicates through Stock Exchanges, Quarterly and Annual Results and during EGM.

forms part of annual report.

Will be complied with in the ensuing Corporate Governance Report.




Will be complied with at the time of preparing Financial Statements for the Accounting Year.


Complied in the Annual Report 2009-10 For year 10-11 will be complied next year.





YES YES YES YES YES YES YESDuly Disclosed Duly Disclosed Duly Complied Duly Complied Duly Complied Duly Complied Duly Complied




11,00,000 Equity shares has been allotted to Ms. Rajshree Pathy, Chairperson and Managing Director of the Company and the entire proceeds has been received from her.


The Management discussions and analysis report included in the Annual Report.

Explanation will be provided in the Corporate Governance Report whenever there is a difference.

For financial year 2009-10, certificate of CEO/CFO was placed before the Board, at its meeting held on 22nd April, 2010.

NA YES NA YES YES YES NA


YES - NA YES YES YES YES




YES YES - YES YES YES YESNot applicable.



No money raised

Complied for 2009-10. For year 2010-11 will be complied in the next Annual Report.




Disclosure is not applicable, as the Accounting Treatment is in accordance with the Accounting Standards.

Disclosure is not applicable as the Company has fully utilized the proceeds raised by means of earlier capital market issues.






Will be complied with in the Next Annual Report.


49 1V G (i) (ia) will be complied with in the next Annual Report.


Reported in Annual Report

Brief Resume are circulated to the Members Forming part of Notice of the AGM.

No deviation from Accounting Standards.




Management Discussion & Analysis report formed part of Annual Report 2009-10

Disclosed in the Annual report 2009-10.

CEO/CFO have furnished certficate to the Board for the year 2009-10


Management Discussion & Analysis report forms part of Annual Report 2009-10.


CEO/CFO have furnished certificate to the Board for the year 2009-10.




Financial Statements are prepared as per Accounting Standards.

The Policy for the Risk Assessment has been formulated and is being periodically reviewed.

Details are disclosed in the Annexure D to the Directors' Report for the year 2009-10. Page No. 14 of Annual Report.

The report on Management Discussion and Analysis is given as per Annexure- A to the Directors' Report for the year 2009-10. Pages 6,7 and 8 of the Annual Report.

Detailed report is given as per Annexure- D to the Directors' Report for the year 2009-10. Pages 11 to 21 of Annual Report.

CEO/CFO certification as per draft mentioned in the clause is received and referred in the Annual report for the year 2009-10. Para 12 on Page 4 of Annual Report.

Details of remuneration of Non-executive Directors and their shareholding have been disclosed in the Annual Report for the year 2009-10, will also be complied in Annual Report of 2010-2011.

Management Discussions & Analysis forms part of the Annual Report 2009-2010, will also be complied in Annual Report of 2010-2011.

(i) Details of Directors appointed / reappointed are furnished in the "Annual Report" each year. (ii) The Shareholders / Investors Grievance Committee of the Board inter-alia looks into the redressal of investor complaints.

Complied with for the year ended March 31, 2010, will also be complied for the year ending March 31, 2011.


Management Discussion & Analysis report forms part of Annual Report 2009-10.

Disclosed in the Annual report 2009-10.





YES YES YES YES YES YES YESNIL NIL NIL NIL NIL NIL NILNA YES YES - - - -

Will be complied in the forthcoming audit committee meeting.

There was no public issue, rights issues, preferential issues,etc.

Disclosure as per Accounting standard made & reported in Accounts.

Except Sub-clause (V) since a Govt. Company.


- - - - - - -

- - - - - - -



There is no change in the Accounting treatment.

Has been complied with in the Annual report for 2009-2010.





Management Discussion & Analysis Report will form part of the Annual Report.

















Annual Certification for 2009-2010, has been obtained. Annual certifiaction for 2010-11, will be duly complied with.

Complied. Not Applicable Complied. Complied.

YES YES YES YES YES YES YESComplied with Complied with Complied with




Disclosures on Risk Management - Complied

Disclosed in the Annual Report for year 2009-10. Will also be disclosed in the Annual report for 2010-11.

Management Discussion and Analysis Report was furnished in the Annual Report for 2009-10. It will also be furnished in the Annual Report 2010-11.

Will be complied in the next Annual Report of the Company.












Shall be periodically reviewed.

There was no public/rights/ preferential issue during the quarter.


Management Discussion and Analysis Report is forming part of the Annual Report for the year ended March 31, 2010.


Managing Director and DGM-Finance (now CFO) have issued the necessary certificate to the Board of Directors of the Company for the year ended 31st March, 2010.


Formed Part of the Annual Report of 2009-2010.


Complied in respect of Financial Year 2009-10. Also forms part of Annual Report for the year 2009-2010.



Complied at AGM


In the forthcoming Annual Report

Complied. Not Applicable Complied. Complied.






Disclosure on Risk Management - Complied.

Disclosed in the Annual Report for the year 2009-10. It will also be disclosed in the Annual Report for 2010-11.

Management discussion and Analysis Report was furnished in the Annual Report for 2009-10. It will also be furnished in the Annual Report 2010-11.




In Annual report.


In Annual Report.

In Annual Report.

In Annual Report.

In Annual Report.

As an when required.

Will be Complied in the next Annual Report 2011.












Management Discussion & Analysis report formed part of Annual Report 2009-10.



Not Applicable to this Quarter




At the time of AGM


Proceeds have been fully utilized and informed earlier.








NA YES NA YES YES YES NO

- YES YES - YES YES --


- YES YES - YES YES -


A more detailed procedure shall be laid down shortly and steps to review the same shall be ensured.

Compliance shall be ensured

Compliance shall be ensured and necessary details shall be included in the Annual Report.


Shall be complied after the closure of the current financial year on 31.03.2011.

The accounting standards are duly complied with in the preparation of the financial statements.

No issues made by the Company.


Being complied in the Annual Report for the respective financial year.


However 49 (IV) F (i) is being complied in the Annual report for the respective financial year.




However, 49 (IV)F(i) is being complied in the Annual Report for the respective financial year.




NA YES YES - - YES -




Management Discussion and Analysis Report was circulated along with the Annual Report of Financial Year 2009-2010 and necessary compliance will be made for the Financial year 2010-2011.

In the event of appointment or re-appointment of Directors, the shareholders are provided required details.

Disclosed in the Annual Report for the Financial Year 2009-2010 and shall be complied for the Financial Year 2010-2011.


















Complied with while preparing the Annual report.



Has complied in the Annual Report for the year ended March 31, 2010.

The Managing Director of the Company has submitted the required certificate to the Board of Directors for the financial year 2009-10.

NA



Will form part of the Annual Report of 2010-11.

Already complied in Annual Report for the year ended 31st March, 2010 which was sent alongwith notice for Annual General Meeting to all the shareholders on 07.07.2010. The same clause shall also be complied with in the Annual Accounts / Report of the company for the next year. The company had received Rs. 20.00 crs. from M/s Teletube Electronics Ltd. (the Promoter Company) pursuant to CDR package approved by CDR EG on 30.06.2009 towards subscription to 13745704

Already complied in Annual Report for the year 2009-10 which sent on 07.07.2010, and the company is taking care for the same during the current financial year, and is being taken as agenda, if any for in the meeting of the audit committee for their necessary recomendation to the Board. In respect of managerial remuneration amounting to Rs. 46.53 lacs included in the staff cost during the period ended 31st March, 2009 the Company has obtained necessary approval of the Ministry of Corporate

The clause (i) has already been complied with in Annual Report of the company for the year 2009-10. The Un-audited & audited financial results for the quarter ended Sept. 30, 2010 were published in the newspaper Veer Arjun (Hindi) and The Financial Express (English) dated 12.11.2010. The company’s quarterly results are also available on website www.samtelgroup.com. Other clauses (ii) are being complied with. The clause (i) has already been complied with in Annual Report of the company for the year 2009-10. The

Already complied in Annual Report for the year 2009-10 which sent on 07.07.2010, and this clause for the Financial year 2009-10 has been complied. The same clause shall be complied with in the Annual Accounts Report of the company for the year 2010-11.

- YES YES NA YES YES YES

NA YES NA NA NA YES NANIL


No money has been raised.

Details disclosed in Annual Report 2009-10. For FY 2010-11 will be complied in the next Annual Report.

Management Discussion and Analysis Report provided in Annual Report 2009-10. for FY 2010-11 will be complied in the next Annual Report.

Complied for 2009-10. for FY 2010-11 will be complied in the next Annual Report.

Certificate received for fiscal 2009-10. for FY 2010-11 will be complied in the next Annual Report.

The Independent and Non-Executive Directors have paid only sitting fee for attending the Board and Committee meetings.

Will be complied in next Annual Report 2010-11.


No Public or Rights or preferential issue.






YES YES NA YES YES YES NO



- YES NA - - - -






As and when a director is appointed.




Will be given after the finalisation of Accounts for the financial year ended 31.03.2011.





As per RBI


Will comply when the need arises.

The company has created a defined Risk Assessment and Minimization Framework and pursues through a Risk Management Team. Towards this end, the Company has also automated the Risk Management Process thro an ERM tool-SOXSTREAM. Currently the system is under upgradation and soon we will resume using it.

Will comply when the need arises.

Forms part of Report on Corporate Governance in the Annual Report. Forms part of Report on Corporate Governance and notice convening the Annual General Meeting.


Forms part of Notice convening Annual General Meeting. being done regularly, The power has been delegated to the Company Secretary of the Company in Consultation with the RTA.







Since no money has been raised through public issues, right issues, preferential issues etc.

As per RBI (para c&d of E(ii) are not applicable






No Public/rights/preferential issues during the quarter.

Disclosure will be as manadated by RBI.

As per RBI Guidelines.

Appointment of directors is made in terms of SBI(SB) ACT 1959 & SBI (SB) Ammendment Act, 2006.

The disclosure in the regard will be placed before the Audit Committee alongwith the quarterly results for the quarter ended 31.12.2010. Report of the Monitoring Agency will be placed before the Committees as and when the same is received.

Certificate from CFO and CEO was obtained for the Financial year 2009-10 and the same was placed before the Board at its meeting held on 29.05.2010.

Complied Complied



YES YES YES - - YES YES


Company follows only prescribed accounting Standard.

Board decided to review this periodically.

Company has not made any issue either public or right.

Complied; Quarterly results are published in the newspaper as per provision of Listing agreement. The results are also given in website under EDIFR.

For the year 2009-10 the certificate was furnished to the Board and forms part of Annual Report.

Disclosures as per Listing Agreement were made in the Annual Report of 2009-2010.

Disclosures as per Listing Agreement were made in the Annual Report of 2009-2010.

Was given in the Annual Report of 2009-10 as per Listing Agreement.

Will be done at the time of finalization of Annual Report for the F.Y. 2010-11, as applicable.


Annual Requirement will be done at the time of finalization of Annual Report for the F.Y. 2010-11, as applicable.






NA YES NA YES YES YES YESN.A. Complied N.A. Complied Complied Complied Complied- YES NA YES YES YES YES

- YES NA YES YES YES YESComplied NA Complied Complied Complied







will be complied in the next Annual Report.

will be complied with at the AGM




Details given in the Annual Report.

Details given in the Annual Report.

Investor Grievances Committee ensures redressal of investor grievances.

Forms part of Annual Report.

Will be complied in the next AGM.

Complied with at the time of Annual Report for March 2010 and will be complied with at the time of Annual Report for March 2011.



YES YES NA - - - -




There has been no treatment diffrent from the prescribed accounting standards followed.

The details are complied in the Annual Report for the Financial Year 2009-10.


Will be complied in the Annual Report




Form part of the latest Annual Report to the shareholders.

Complied in latest Annual Report.



NA YES NA YES NA NA NA


The same is being attended as and when such disclosure in Accounting Treatment is required.

The same is being laid down from time to time.

The Audit committee is appraised with the Funds Utilization Statement on quarterly basis in respect of proceeds of public issue of funds. The same will be ensured for the subsequent years as well till the monies remains unutilized.

The necessary requisite disclosure has been made in the Annual Report for the financial year 2009-10. The same will be ensured for the subsequent years as well.

The Management Discussion and Analysis Report have been made a part of Annual Report for the financial year 2009-2010. The same will be ensured for the subsequent years as well.

The necessary disclosure about the director(s) shall be made as and when required. The quarterly results and presentation made to the analysts are being posted on the Company's website.

The necessary certification from CEO and CFO has been made part of Annual Report for the financial year 2009-2010.The same will ensured for the subsequent years as well.

Complied for F.Y. 2008-09. For F.Y. 2009-10, will be complied in the Annual Report for the year 2009-2010.



Complied cl. 49 (IV) (E) (v) as to notice of Annual General Meeting and rest will be complied in the Annual Report 2010.

Will be Complied in the Annual Report 2010.




NIL NA NIL NIL NIL NILYES YES NA YES YES YES YES





As per requirement, the certification has been made in the Board Meeting held on 20.05.2010 for approval of Annual Accounts for the Year 2009-10.

The Company has laid down the procedures to inform the Board about the risk assessment & minimization. Risk Policy was adopted and approved by the Board on January 31, 2009.

was complied in the 28th Annual Report.


was complied in the 28th AGM held on 13th August, 2010.








In case of situation arises, it shall be followed stringently.

Information regarding risk management and minimization procedures is periodically reviewed.

This provision is not applicable as the Company has not taken out public issue, right issue or preferential issue.

Company does not pay any other fees to Non-executive Directors except sitting fees.

As a part of Directors Report a Management Discussion and Analysis Report forms part of Annual Report.

(i)Shareholders are intimated of appointment or re-appointment of Directors through Annual Report. (ia) Disclosure of relationships between Directors inter-se are made in Annual Report, Notice of Appointment of Director, Prospectus, Offer Letter for Issuance and any related filing mode to the Stock exchanges where the Company is Listed.(ii) Quarterly results are posted on the Websites after their declaration in the Board Meetings. (iii) The Company has shareholder / Investors Grievance Committee

Certification shall be done as per clause 49 of the Listing Agreement.

With regard to Clause 49(IV)(F) (ii), it will be complied as and when situation arises.

Will be attached with the next Annual Report 2010-11.







YES YES NA - - - -


- YES YES - - - -



As and when isues are made.

With regard to Clause 49(IV)(F)(ii), it will be complied as and when situation arises.

Disclosure of facts of a different treatment, if any, from that of prescribed Accounting Standard, shall be made in the Corporate Governance Report.

Shall be disclosed in the quarterly un-audited results, as per Clause 41 of the Listing agreement.




To be complied with Annually.


Would be complied with at the time of AGM.









Will be complied with at the Annual general Meeting




No IPO proceeds



Although there is no written code on specific Risk Assessment and Minimization Policy for the company as a whole, yet Manuals, Procedures, Systems are constantly developed and implemented. In respect of Nathpa Jhakri power station, safety of vital Civil Structures is constantly monitored and reported to the Board.

Annual Compliance




No issues.



The company complies with all accounting standards.

Various risk Management measures are discussed.

The company has not made any issue during 2010-11.

(1) There is no pecuniary relationship or transactions of related parties with the Company. (2) The Company disclosed the details of remuneration paid to the directors in the corporate Governance section of the Annual Report for the year ended March 31, 2010. (3) There is no payment to non-executive directors except sitting fees paid for attending the Board Meeting. (4) The Company will disclose the number of shares held by the non-executive directors in the Corporate Governance Section of the Annual Report for the year

(1) A Management Discussion and Analysis Report will form part of the Annual Report for the year ended March 31, 2010.(2) Senior Management does not have any material financial and commercial transactions where they have personal interest that may have a potential conflict with the interest of the Company.

(1) Details regarding appointment or reappointment of a director will be made in the Notice to the Annual Report for the year ended March 31, 2011. (2) The quarterly reports are being regularly sent to the stock exchanges to display it on their website. (3) The Company has constituted a "Shareholders" and Investors' Grievance Committee" to redress the shareholders grievances. A dedicated e-mail ID has been created in place to attend to investors grievances. (4) The Company has assigned the work of share transfers

Managing Director will submit a Certificate to the Board while considering the annual accounts for the year ended March 31, 2011.

Further disclosure regarding public Issue Proceeds shall be made in next Annual Report.

The Company was listed on Stock Exchanges on 16th August, 2010 and compliance under these clauses will be done in next Annual Report.




NA NA NA







Yes


Remuneration of Directors, Management Discussion and Analysis Report, Shareholders Information, CEO/CFO certification and Report on Corporate Governance and compliance were complied in the Annual Report for the period ended 30th September 2009 and will be complied with, in the next Annual Report.








Will be Complied in next Annual Report.






YES YES YES - - - -




YES YES YES YES YES YES YESComplied with Complied with Complied with Complied with Complied with











(Included in Annual Report for the year 2009-2010)


Will be complied with as and when the compliance requirements arises.

Complied with in the Annual Report (AR) for 2009-10 and will be complied with in the AR for 2010-11.



Included in Annual Report.

Proceeds from the public issue has been deployed as per the objects of the IPO.

Remuneration to the Directors as per Schedule XIII & Section 269.






All the disclosure requirements relating to remuneration of Directors are complied with.

Management discussion and analysis report forms part of the Director's report in the Annual report of the Company for the Financial year 2009-10.

The information required to be provided to the shareholders under Clause 49(IV G) has been provided in the Notice of the Annual General Meeting and in the Annual Report of the Company for the respective years.

There was no public issue, right issue, preferential issue etc. during the quarter end 31.12.2010.

Will be disclosed in the Annual Report of Financial Year 2010-11.



Will be placed before the Board at the time of Finalization of Annual Stetement of Accounts.


YES YES YES YES YES YES NANil Nil Nil Nil Nil Nil NilNA YES NA YES YES YES YES



Compliance required at the time of next Annual Report. Will be complied in the next Annual report.

49(IV) F (i) Compliance required at the time of next Annual Report. Will be complied in the next Annual report.

49(IV) G (ia) Compliance required at the time of next Annual Report. Will be complied in the next Annual report.

Compliance required before adopting the final accounts for the financial year 2010-11 and it will be complied before adopting the final accounts for the financial year 2010-11.

Will be provided in Annual Report for the financial year 2010-11.


Will be certified at financial year end.

Directors/chairman are appointed by President of India who also decides the period of holding office of Directors as also pay and allowance etc. of such appointees.





Adequate disclosures have been provided in the Annual Report of the Company 2009-10 and will be complied with in the next Annual Report for the year 2010-11 also.

There is no initial public offering made during the quarter.

No remuneration and sitting fee is paid to any Director . Adequate details have been provided in the Annual Report of the company. This will also be complied with in the next Annual Report.

Adequate details are provided in the Corporate Governance report for the year 2009-10 and will be complied with in the next Annual Report for the year 2010-11 also.

Adequate details are provided in Corporate Governance reports 2009-10. An out side agency has been appointed to process all transfers request in time on fortnightly basis. Directors details are provided in Corporate Governance Report of the year 2009-10 and will be provided in the year 2010-11 also.

Company's Directors authenticates and signs the financial results after approval of the Board and review by Audit Committee.

Directors Report for the year ended on 31st December, 2009 contains separate section under the heading "Management Discussion & Analysis Report".

For the Financial year 2009-10, it has been duly disclosed in the Annual Report and for the Financial Year 2010-11, will be complied with at the time of next Annual Report.

For the Financial year 2009-10, it has been duly disclosed in the Annual Report and for the Financial Year 2010-11, will be complied with at the time of next Annual Report.

It was duly complied with at the time of Annual General Meeting held on August 30, 2010.

For the Financial year 2009-10, it has been duly annexed in the Annual Report and for the Financial Year 2010-11, will be complied with at the time of Finalization of Annual Balance Sheet




The Directors review relevant disclosures in their Board and other meeting at regular intervals. Adequate disclosures have been provided in the 25th Annual Report of the Company for the year 2009-10 and will be complied with in the next Annual Report for the year 2010-11 also.

There is no initial public offering made during the quarter.

No Director is drawing remuneration w.e.f 01.11.2010. The Company had received approval from the Central Government for appointment and remuneration of Chairman & Managing Director for 3 years upto 31.10.2010. The Managing Director has been appointed w.e.f. 25.11.2010 without remuneration. Adequate details of Remuneration have been provided in the 25th Annual Report of the Company for the year 2009-10 and will be complied with in the next Annual report for the year

Adequate details are provided under the Corporate Governance report for the year 2009-10 and will be complied with in the next Annual Report for the year 2010-11 also.

An independent Committee has set up to look after timely redressal of investors Grievance. An out side agency has been appointed to process all transfers request in time on fortnightly basis. Directors' details are provided in Corporate Governance report of the year 2009-10 and will be provided in the next Annual Report for the year 2010-11 also.

The Chief Financial Officer (CFO) of the Company has certified the Annual Accounts for the year ended 31.03.2010.

The company adheres to the applicable Accounting Standards in the preparation of its financial statements and hence, no disclosure of the nature referred to in Clause 49 (IV B) is required to be made.

Being complied with, at the prescribed intervals.















Complied -


Disclosure have been made for the first time in the Annual Report 2000-01 & continued thereafter. This has been complied with in the Annual report for 2009-10 and the same will be included in the next Annual Report.

There is no deviation from the prescribed accounting standards while preparing financial statements.

Complied for the Financial year ended March 31, 2010.








Remuneration of Directors, Management Discussion and Analysis Report, CEO/CFO certification and Report on Corporate Governance for the period ended 30th September, 2009 were complied in the Annual Report and will be complied with in the future years.



Remuneration of Directors, Management Discussion and Analysis Report, CEO/CFO certification and Report on Corporate Governance for the period ended 30th September, 2009 were complied in the Annual Report for the year 2008-09 and will be complied with, in the future years.








- YES - - - - YES

-








There was no public issue, right issues, prefrential issue during the quarter.





Since these reports are annual in nature, they will be complied with at the time of approval of accounts for the financial year ending 2010-11.

Complied in the Annual Report - 2010.





Will be ensured for compliance, if required


Annual Report for the year ended 31st March 2010 contains necessary information and will be ensured for compliance for Future years.

Annual Report for the year ended 31st March 2010 contains necessary information and will be ensured for compliance for Future years.


CEO and the person heading the finance function has certified to the Board with regard to compliance for the year ended 31st March 2010 and will be ensured for compliance for future years.








No Departure from Accounting Standard so Far

No Amount Raised Through Issues.


To be disclosed in Annual Report 2010-11.


At the time of AGM.



NIL NIL NIL NIL NIL NIL Complied






No change in accounting treatment diffrent from that prescribed in an Accounting Standards has been followed.



YES YES NA YES NO YES NO

NA YES YES YES YES YES -






During the year, the Company had made one Preferential Allotment of 866275 equity shares on 06.08.2010 and also converted 20,00,000 Convertible Warrants into 20,00,000 Equity Shares on 07.08.2010. The proceeds of the issue have been utilized for the purpose for which it was raised.

During the year, Company has paid remuneration, to the Executive Director and disclosure in this regards shall be made in the next Annual Report for the year 2010-2011.




Complied with in Annual Report.


Since no treatment different from that prescribed in Accounting Standard has been followed, no disclosure required.

Will be complied while considering the Annual Accounts.









- YES YES - YES YES -






However, 49 (IV) F (i) is being complied in the Annual Report for the repective financial year.


Complied with. Complied with. Complied with.




Complied with.

Complied with. In terms of Government of India Letter F No. 20/1/2005-BO.1 dated 09.03.2007, Board of Directors constituted Remuneration Committee - a sub-committee of the Board to evaluate the performance.

Complied with. Quarterly results of the Bank are placed on the Website of the Bank.

Complied with. The certificate obtained from CFO as on 31.3.2010 is placed on the website of the Bank. Appointment of CFO has been approved by Audit Committee of the Board.






YES YES NA NA NA YES YES

Complied as and when applicable

Requisite information forms part of disclosure in 53rd Annual Report.

CEO/CFO Certification was placed alongwith Quarterly Financial Results in the Board Meeting held on 12th November 2010.

For the year ended 31st March 2010 no public proceeds were received.






- YES - YES YES YES YESNot applicable.


Going Concern Basis no change in the Accounting Policy.










Will be complied when applicable.

Will be complied.







The company has carried out detail exercise to identify the risks facing its business, classification of risks into high, medium and low and measures for mitigation of the risks. A risk register has also been prepared and risk managers have been identified for each risk. These have been reviewed by the Audit committee and the Board has also considered the same.

Criteria of making payments to non-executive directors and disclosure of their shareholding has been mentioned in the Annual Report.

Disclosure from Senior Management has been obtained in April every year.

Disclosure of shareholding of Directors coming up for appointment has been introduced from 2005/06 Annual report.

Has been introduced from 2005/06 Annual Accounts.







NA YES NA YES NA YES YES

Compliance met in Annual Report on a continual basis.




Will be complied when company comes out with Public / preferential / right issues.

There is no deviation from Accounting Standards.

There has been no Public/Rights/ Preferential Issue of shares in this year.

Included in the Annual Report for 2009-10. Will be included in the Annual Report for 2010-11.

NA YES NA YES YES YES YESAs applicable.


NA YES YES NA NA NA NA

YES YES NA YES YES YES NO








There has been no instance of diffrent accounting which was required to be disclosed.

The disclosure about the remuneration to directors would be included in the Annual Report for the Financial year 2010-11 which would be the first annual report of the company post listing.

Management Discussion and Analysis would be included in the Annual Report for the Financial Year 2010-11 which would be the first Annual Report of the Company post listing.

Necessary disclosure to the shareholders would be made in the Annual Report for the Financial year 2010-11 which would be the first Annual Report of the Company post listing.

CEO/CFO Certificate would be included in the Annual Report for the financial year 2010-11 which would be the first Annual Report of the Company post listing.

NA YES NO YES YES YES YES




YES YES NA YES NO NO NO





Duly disclosed in Annual Report.

The Board has laid down procedures about risk assessment and minimization procedures and the same are reviewed periodically by the Board.

No Public/ Rights Issue made during the Current year. Proceeds of earlier issues utilized for the purpose stated in prospectus, offer documents.

There are no pecuniary relationship or transactions with any of the Non-Executive Directors. The Non-Executive Directors are paid sitting fees only. The remuneration paid to Managing Director/ Whole Time Director is duly disclosed.

Management discussion and Analysis Report is disclosed in the Annual Report for the Year 2009-10.

Share Transfer Committee and Investor Grievance Committee duly constituted.

The Corporate Governance Report forming part of the Directors Report for the year 2009-2010 contains CEO Certification only.

Will be complied from this quarter.




Complied in the company's annual report.

Complied in the company's annual report

Complied in the company's Annual Report.










NA YES NA YES YES YES -


Shall be disclosed in the event the treatment is different from Accounting Standards.





- YES NA - - - -


The disclosure on remuneration of directors has been made in the section on Corporate Governance of the Annual Report for the year ended 31st December 2009. Further, during the quarter, the abstract of the remuneration terms and other terms of re-appointment of Mr. Rakshit Desai as Executive Director ¿ Travel Services, was circulated to all the shareholders and the Stock Exchanges. Postal Ballot Notice in respect of the variation in the terms of appointment ot Mr. Madhavan Menon as Managing

Report on Management forms part of the Management Discussion and Analysis which forms part of the Annual Report of the Company for the year ended 31st December 2009.

Information on appointment of new directors has been provided in the Annual Report of the Company for the year ended 31st December 2009 under the `Directors Report¿ as well as in the Notice of the Annual General Meeting.

CEO/CFO certification forms part of the Annual Report of the Company for the year ended December 31, 2009








Treatment different from that prescribed in Accounting Standard has not been followed the preparation of financial statements.

Compliance in financial statements

Company disclosed utilization of fund raised through IPO to Audit Committee and file the necessary report to SEs

Excepting sitting fee no remuneration has been paid to non-executive directors during the quarter. Details of sitting fee paid to NED-ID directors and remuneration paid to Executive Directors is disclosed in the annual report of 2009-10.

Management Discussion and Analysis form part of the Annual Report of 2009-10.

Shareholders have been provided with the information regarding Directors seeking appointment / reappointment Power of Share Transfer has been delegated to Registrar and Transfer Agent.

CEO/CFO Certification placed before the Board.

No remuneration has been paid to any of the Directors except sitting fees paid to Mr. D. N. Shukla. Hence Remuneration Committee being a non-mandatory requirement has not been constituted. The same has been disclosed in the Corporate Governance forming part of the Directors' report for the financial year ended March 2010. Accordingly, we have complied with Clause 49(III) of the Listing Agreement.












Shall be complied with in the next Annual Report.



Will be complied with & published in the Annual Report.


N.A for this quarter, but will be complied in corporate governance report.

No remuneration paid to Non Executive Directors

N.A for this quarter.






YES YES YES YES YES YES NO




Complied in the Annual Report 2009-10. Will be Complied in the Annual Report for 2010-11.

Complied in the Annual Report 2009-10. Will be Complied in the Annual Report for 2010-11.

Complied for 2009-10. Will be Complied at the time of Annual Results for 2010-11.

Complied with in the Annual Report of 2009-10.







Will be complied with at the next AGM.













Not Applicable- YES NA YES YES YES YES




The company has followed the Accounting standards.

(ia) (ii) to (iv) have been complied. (i) N.A. Will be complied with at the next AGM.

If any, will be complied in the next Annual Report.

No capital issued in the immediate past.

Due for compliance in the next Annual Report.







Periodically reviewed. At every meeting the ongoing status has been properly informed to the committee and the Board meeting.

Details have been disclosed in the last Annual Report.

Details disclosed in the last Annual report and also in the quarterly results.











Certificate to this effect is enclosed in the Annual Report for the year ended on March 31, 2010.

All applicable Accounting Standards are being followed.

Complied in the Annual Report for the financial year ended 31st March 2010.










Detail will be furnished in the Annual Report.

Proceeds from Public issue of the Company have been fully spent.

Requisite informations/ disclosed in the Annual Report for 2009-10. No remuneration is paid to non-Executive Directors, except the Sitting Fees as mentioned above under remarks for Clause I (B).

Complied with in the Annual report for 2009-10.




YES YES YES YES YES YES YESComplied with



Compliance made in the Annual Report.

Will be complied with to the extent required, as and when applicable.





The Proceeds received from the Preferential issue of Equity Warrants to Promoter to Promoter Group company was utilized to finance capital expenditure and for long term working capital requirements and to strengthen the Promoters' Shareholding in the Company.

Disclosed and forms part of the Corporate Governance in the Annual Report for the year 2010.



Forms part of the Annual Report for the year 2010.








Complied in the Annual Report for the financial year 2009 -2010.









In case of a diffrent accounting treatment from that prescribed in an Accounting Standard is being followed, necessary disclosure will be made in the Report of Corporate Governance.

Procedures are laid down.

No such issues were made during the quarter.

The disclosures relating to the payment of fees and commission to the non executive directors are included in the Report of the Corporate Governance. The same also includes details of the remuneration being paid to the executive directors and the contract period. The details regarding the shareholding of the non executive directors included in the above report.

Management Discussion and Analysis already form a part of the Annual Report being sent to the shareholders. Necessary disclosures were made by the whole-time directors relating to all material financial and commercial transactions in which they have personal interest as and when required.

In case of appointment of a new director or reappointment of a director, the shareholders are being provided with the information as stipulated. Investor Grievance Committee is already there and functioning. There is also a Share Transfer Committee to look after the share transfer formalities.

Necessary disclosures regarding financial statement and Certification done by the the Wholetime Director (who is qualified personnel and is also looking after the accounts) to the Board of Directors at the time of finalisation of the accounts.

Provided in Annual Report 2009-2010.



Remuneration of directors is fixed according to Government of India Guidelines.

Annually Certified






Disclosed in all accounting reports.

Disclosed at the board and periodically presented before Audit Committee.






No deviation from set Accounting Standards made during the quarter.

As reported in the previous quarterly report.

Remuneration of all the directors of the Bank are governed by the terms and Conditions of the Central Government.

Senior Management disclosures all material facts pertaining to the Business of the Bank before the Board at each Board Meeting.

Ministry of Finance vide its notification F.No.9/1/2006-BO.l dated October 6, 2010 nominated Sri Srenik Sett as Part-time Non- official Director of the Bank for a period of three years or until further order whichever is earlier. At the Extra Ordinary General Meeting of the Bank held on 26th November 2010, the shareholders of the Bank other than the Central Government, elected Sri. Saumen Majumder on the Board of the Bank as the Shareholder Director pursuant to the provision of Section 9(3)(i)

Published in the Annual Report.




Necessary disclosure will be made as and when any issue is made.

Has been complied with in the Annual Report of 2009-10 and shall continue to be complied with in future, too.

Has been complied with in the Annual Report of 2009-10 and shall continue to be complied with in future, too.

All required disclosures to shareholers are being made either through Annual Report and / or press publication and / or through intimation to Stock Exchange and /or uploading the required disclosures on the website of the Company/Stock Exchange. The Company shall continue to do so in future as well.

CEO/CFO Certificate has been put up in the meeting of the Board of Directors of the Company held on August 25, 2010 and shall likewise continued to be placed in the future Board Meetings also to be held for consideration of Annual Accounts.

In case of a different accounting treatment from that prescribed in an Accounting Standard is being followed, necessary disclosure will be made in the Report of the Corporate Governance.

Procedures laid down.

Given as and when such issues are made.

The disclosures relating to the payment of fees and commission to the non executive directors are included in the Report of the Corporate Governance. The same also includes details of the remuneration being paid to the executive directors and the contract period. The details regarding the shareholding of the non executive directors included in the above Report.

Management Discussion & Analysis already form a part of the Annual report being sent to the shareholders. Necessary disclosures are being taken from the whole-time directors relating to all material financial and commercial transactions in which they have personal interest.

In case of appointment of a new director or reappointment of a director, the shareholders are being provided with the information as stipulated. Quarterly results are being put on the company's website. Investor Grievance Committee is already there and functioning. There is also a Share transfer committee to look after the share transfer formalities.

Necessary Certification done by the CEO/CFO to the Board of Directors at the time of finalisation of the accounts.










Relevant disclosures will be made in the Annual Report for the Financial Year 2010-2011.




Will be complied with at the AGM for the year 2010-11.




Will be complied with as and when applicable.

Will be complied with in the next Annual report.



Has been Complied in the last annual report of 2009-10, further the same will also be complied in the next annual report of 2010-11.





The same has been complied in the Annual Report of the Company for the Financial Year ended on 30th September 2009. A note on Remuneration of Directors shall form part of Corporate Governance Report for the Accounting year ending on 31st December, 2010.

Management Discussion and Analysis Report forms part of the Annual Report of the Company for the financial year ended on 30th September, 2009. Management Discussion and Analysis Report shall form part of Corporate Governance Report for the Accounting year ending on 31st December, 2010.

In case of the appointment and re-appointment of directors the information has been provided in the Annual Report of the Company for the financial year ended on 30th September 2009. The Company regularly intimates its unaudited financial results (provisional) as well as audited financial results in the stipulated format to the Stock Exchange(s) in terms of the requirements of Clause 41 of the listing Agreement In terms of the requirements of clause 52 of the Listing Agreement, the Company

A Certificate obtained from the Head Operations and also by a Chief Financial Officer of the company has been published as a part of Corporate Governance Report for the Financial year ended on 30th September 2009. A Certificate obtained from the Head Operations and also by a Chief Financial Officer of shall form part of Corporate Governance Report for the accounting year ending on 31st December 2010.

The Certificate will be given in the Annual Report of the Company for the year 2010-11.








The details stated in sub-clause (i), (ii), (iii) and (iv) of clause IV(E) were included in the Annual Report of the company for the year ended 31st March 2010 which was duly adopted by the shareholders at the Annual General Meeting held on August 04, 2010 and details stated in sub clause (v) of clause IV (E) were included in the notice of the said Annual General Meeting.

The details stated in sub-clause (i) were included in the Annual Report of the company for the year ended 31st March 2010 which was duly adopted by the shareholders at the Annual General Meeting held on August 04, 2010

Complied with including clause (i) which details have been included in the Notice of the Annual General Meeting of the company for the year ended March 31, 2010 Which was held on August 04, 2010.

Rights issue last made in 1997.


YES YES NA YES - - -


Presently, there is no change in the Accounting policies and Standards adopted by the Company.

The various risks associated with the operations of the Company and the steps taken to minimize the same are periodically placed before the Board and the same is reviewed by the Board.

Statement showing the utilization of the proceeds of the IPO and investments details of the unutilized funds is placed before the Audit committee on a quarterly basis and the same also forms part of the published financial results. A deployment statement showing the utilized and the unutilized amount is included u/c 5 of the notes on accounts (schedule 21) of annual Report 2009-10.

Details relating to payment of remuneration to Directors are disclosed in the Annual Report 2009-10 of the company.

The Management Discussion and Analysis Report is included in the Annual Report 2009-10 covering various aspects of Industry structure and development, opportunities and threats, segment and product wise performance, outlook, risks and concerns, Internal control meaures etc.

The company has duly constituted Shareholders' Grievance/Transfer Committee under the Chairmanship of an Independent director to take care all the matters concerning the investors' interest. Details of appointment of the new directors, a brief resume of the directors, their nature of expertise in specific functional areas, name of the companies in which they hold directorship & membership of the committees of the board etc. are incorporated in the Company's Annual Report 2009-10.

Certificate signed by the Managing Director and CFO has been obtained and the compliance of the same is mentioned in the Annual Report for the year 2009-10.





The same has been complied in the Annual Report of the Company for the Financial Year ended on 30th September 2009. A note on Remuneration of Directors shall form part of Corporate Governance Report for the accounting year ending on 31st December, 2010.

Management Discussion and Analysis Report forms part of the Annual Report of the Company for the financial year ended on 30th September, 2009. Management Discussion and Analysis Report shall shall form part of Corporate Governance Report for the accounting year ending on 31st December, 2010.

In case of the appointment and re-appointment of directors, the information has been provided in the Annual Report of the Company for the financial year ended on 30th September 2009. The Company regularly intimates its un-audited financial results (provisional) as well as audited financial results in the stipulated format to the Stock Exchange(s) in terms of the requirements of Clause 41 of the Listing Agreement. In terms of the requirements of clause 52 of the Listing Agreement the un-audited

A certificate obtained from the CMD / CFO has been published as a part of corporate governance report for the financial year ended on 30th September 2009. A certificate obtained from the CMD / CFO shall form part of corporate governance report for the accounting year ended on 31st December, 2010.

Complied Complied Complied. Complied Complied



NA YES NA YES YES YES YESNo Changes



The sitting fees paid to the non-executive directors and the numbers of shares held by the non-executive directors is furnished in the Annual Report. Pursuant to the directions issued by the Ministry of Finance, Department of Economic Affairs, Bank has constituted a Remuneration Committee on 30.07.2007 to decide on the incentive amount Payable to the Whole Time Directors of the Bank.

The Management Discussion and Analysis Report form part of Annual Report. Hence, the provision is complied with. The Senior Management Personnel discloses the shareholding in Bank's share as on 31st March every year.

Has been certified in the Annual Report for 2009-2010.

Will be complied with the next Annual Report.








No treatment different from Accounting Standard has been made.

The company has implemented the system of informing the board members about risk assessment and minimization procedure.

Company has not raised any money from any public, right or preferential issues during the quarter.

Remuneration is not paid to Managing Director as he is not attending office and remuneration is being paid to the Whole-time Director. Managerial Remuneration has been approved by Board on recommendation by the Remuneration committee and members in the Annual General Meeting. The Company has received approval from Central Govt. for the payment of remuneration to the Whole-time Director. Non Executive Directors have waived-off the sitting fees.

Management Discussion and Analysis Report has been given in the annual report 2010 for the financial year 2009-10. Management discussion and analysis for the year 2010-11 will form part of the annual report for the year ending 31.03.2011.

The Company has published Un audited Financial Result on consolidated basis for the quarter ended 3QtI September 2010. The same has been sent to Stock Exchanges also. Company has duly complied with the requirements of listing agreement in this regard. The Shareholders/Investors Grievance Committee met 1 time in the quarter. The committee considered and approved the Share Transfer, rematerialisation and other requests received from members, within due

The certification requirement by Chief Executive Officer is being complied with for the financial year ending on March 31, 2010.

49 (IV) (E) complied in the Annual Report of F.Y.2009-10.

49 (IV) (F) (i) complied in the Annual Report of F.Y.2009-10.

49 (IV) (G) (i) complied in the Annual Report of F.Y.2009-10.

Complied in F.Y.2009-10.

There are no issues of public, rights and preferential shares.


All required details were disclosed in the Annual Report 2009-10.

Management Discussion & Analysis formed part of the Annual Report 2009-10.

Formed part of the Annual Report 2009-10.

YES YES YES YES YES YES YESN.A. N.A. N.A.


The preparation of financial statements is in accordance with the prescribed Accounting Standards and necessary disclosures are made for deviations, if any, in the Annual Report.

The Company has laid down procedure to inform the Board members about the risk assessment and minimization procedures. These procedures are periodically reviewed to ensure that the management controls risk through means of a properly defined work.

The company has made complete disclosures to audit committee in regard of preferential issue made.

Disclosure regarding payment of remuneration to executive director is being made in the section on the corporate governance of the Annual Report.

The Company has included Management Discussion and Analysis Report as part of its Annual Report.

The Company provides all necessary information to its Shareholders annually.

Certificate reviewing financial statements was obtained from the CEO and CFO of the Company at the time of finalization of Accounts for the year 2009-10 and was included in the Annual Report.

Disclosed in the Annual Report for the year ended March 31, 2010.










The Company is following prescribed Accounting Standards, so there is no different treatment from prescribed Accounting Standards in the preparation of financial statements.

The company has complied with the procedures to inform Board members about risk assesment as per clause 49(IV C).

The Company has not raised any money through public issue/rights issue/ preferential issue during the the year.

There are no pecuniary relationships or transactions with the non-executive directors and remuneration is paid to Directors and the other necessary details diclosed in the Annual Report.

Management discussion and analysis Report to the shareholders & the other relevant information furnished in the Annual Report for the year 2010-11.

The Company has been Complying with all the provisions given under Clause 49(IVG).

CEO/CFO certificate will be furnished in the Annual Report for the year 2010-11.

NO PROCEEDS RECD.

The company is following prescribed Accounting Standards, so there is no different treatment from prescribed Accounting Standards in the preparation of financial statements.

The Company has complied with the procedured to inform Board members about the risk assessment as per Clause 49 (IVC)

There are no pecuniary relationship or transactions with the non-executive directors. others necessary details were disclosed in the Annual Report.

Management discussion and analysis Report to the shareholders & other relevant information under this head is included in the annual report of the Company

The company has been complying with all the provisions given Clause 49 (IVG).






The company has not made any public issue, rights issue, preferential issue in the recent past.

Required discloures if any, are already being complied with in the Annual Report.

Required discloures if any, are already being complied with in the Annual Report.



Will be complied with at the AGM / EGM.







- - - YES YES YES -

N.A. N.A.

YES YES YES YES YES YES YESNIL NIL NIL NIL NIL NIL NILYES YES YES NA NA YES YES

Published in the Annual Report 2009-10.

Continuous Process.




Will be complying in next Annual Report.




In preparation of financial statements, no treatment different from that prescribed in an Accounting Standard was followed.

The company had appointed Astute Consultancy to report on risk attached with various functions in the organization and various options available to mitigate the risks. They had finalized and submitted their report to the Audit Committee.

Audit Committee is being presented with required information.

Details required to be included in Annual Report were included in the Annual report, which was approved by 25h Annual General Meeting held on August 31, 2010.

Details required to be included in Annual Report were included in the Annual report, which was approved by 25th Annual General Meeting held on August 31 2010.

Quarterly results are uploaded on the website of the company. The shareholder / investor grievances Committee is already formed to look into the redressal of shareholder and investors. The board of director has delegated the power to Link Intime India Private Ltd., to expedite the process of share transfer and resolve investor grievances.

CEO and CFO of the company submitted a certificate to the board for the year as required by clause 49(V) of the Listing Agreement.

No remuneration paid to any Director(s) other than sitting fee.

Will be Included in the Annual Report 2010-11.





Disclosure being made in the Annual report.

Disclosure placed in the Annual report for approval by the shareholders in the 49th AGM of the company scheduled to be held on 19.07.2010

No such issue in the quarter under review.

Details of the remuneration placed in the Annual report for the approval of by the shareholders in the 49th AGM of the company scheduled to be held on 19.07.2010

MDA included in the Annual report for the Approval by the shareholder in the 49th AGM of the company scheduled to be held on 19.07.2010

Circulation of Information to the shareholders included in the Annual report for the Approval by the shareholders 49th AGM of the company held on 19.07.2010

CEO/CFO Certification was placed in the Board meeting held on 28.10.2010.



We comply with the Accounting Standards issued from time to time as reflected in the audited / unaudited financial staement submitted to the stock exchanges.

The Company has laid down procedures to inform Board members about the risk assessment and minimization procedures. Such risks were reviewed by the Board at the last meeting held on October, 2010 Review of Enterprise Risk Management for the third quarter is planned during January 2011 Board Meeting.

This is not applicable as we have not made any Public/Rights/Preferential issues. The Shares issued are only pursuant to the exercise of Stock Options. However as a matter of adequate disclosure we state that for the quarter October 01 2010 to December 31, 2010, the Audit Committee will review the Cash Flow statements, showing, inter-alia, proceeds from ESOPs certified by the Statutory Auditors as a part of the financials at the Audit Committee meeting scheduled to be held on January 18, 2011.

The required details were disclosed in the Annual Report of the Company and notice for AGM for the year 2009-10 , for Directors appointed / reappointed.

The Annual Report of the Company for year 2009-2010 contains the Management Discussion and Analysis Report. Disclosure from senior management for the period July 01, 2010 to September 30, 2010 was placed before the Board at its meeting held on October 20, 2010. Disclosure from senior management for the period October 01, 2010 to December 31, 2010 will be placed before the meeting scheduled to held on January 19-21, 2011.

The Notice of the Annual General Meeting sent to shareholders for the Annual General meeting in 2010 contains the required disclosures. None of the directors are related to each other. The disclosure is made in Annual Report for the year 2009-10. Results for the quarter ended September 30, 2010 were put on company's website on October 22, 2010 and Results for the quarter ended December 31,2010 will be put up on company's website on January 21, 2011.

CEO/CFO certification was placed before the Board together with the financial statements at its meeting held on October 21-22, 2010. Similar details will be placed at the Board meeting to be held on January 19-21, 2011.

Complied in the Annual Report for financial year ended March 31, 2010.


During the quarter, the Company has appointed Mr. Giridhar Sanjeevi as Chief Financial Officer of the Company. However the CEO/CFO certification on the annual financial statements for the financial year ended March 31, 2010 was done only by the Managing Director.







Will be complied with in case of any deviation from Accounting Standard.

Will be complied with in case of any deviation from Accounting Standard.

is being complied in the Annual Report.


is being complied in the board meeting for approval of Annual Accounts.

There are no variations in the use of Rights Issue proceeds.







Complied with





Disclosure for treatment diffrent from that prescribed in the accounting standards, if any in the preparation of financial statements for the financial year 2010-11 will be made in the Corporate Governance Report for the financial year 2010-2011.

The Bank has a detailed Risk Management and Control framework as prescribed by Reserve Bank of India. Further, the Bank has a Risk Monitoring Committee (RMC), which reviews various policies and norms pertaining to Risk Assessment and its minimization. The Board of Directors are briefed by the Chairman of the RMC and the minutes of the RMC are also placed before the Board for its review and noting.

Necessary disclosure on remuneration of Directors for the financial year 2010-2011 will be given in Report on Corporate Governance forming part of the Annual Report for the financial year 2010-2011.

Management Discussion and Analysis report for the financial year 2010-11 will forms part of the Annual Report for financial year 2010-2011.

Resume of Directors, nature of their expertise and other details for the financial year 2010-2011 will be provided in Annual Report for the FY 2010-2011. Other requirements specified under the clause are being complied with.

The CEO and CFO certificate for the financial year 2010-11 shall be placed before the Board at the time of reviewing/ approving the Annual Financial statements for Financial year 2010-2011 and declartion to that effect would be made in the report of corporate governance forming part of Annual report for financial year 2010-2011.

No such issue made.

Same will form part in the Annual Report.

No capital Issue.

Has been disclosed in the Annual Report for financial year ended March 31, 2010.





No Capital Issue.






YES YES NA YES YES YES YESN.A.

YES YES YES YES YES YES YESComplied Complied Complied Complied Complied Complied

YES YES NA YES YES YES YESN.A.


No capital issue

Have been disclosed in Annual Report for Financial Year ended March 31, 2010.








At the Audit Committee meetings.




Investors Grievances Committee meeting held on November 13,2010.

At every Board Meeting.

To be given in Annual Report (2010-11)

At the Audit Committee meetings.




Investors Grievances Committee meeting held on November 13, 2010.

At every Board Meeting.

Risk Management Policy and Risk Management Framework have been approved by the Board of Directors and reviewed periodically.

These disclosures forms part of the Annual Report for the Financial Year 2010-11.



The CEO/CFO certification for the financial year 2010-11 shall be placed before the Board Meeting convened for approval of Annual Accounts for the financial year 2010-11.




YES YES NA YES YES YES YESNo Issue







Financial statements are being prapared in accordance with the Accounting Standards prescribed by the Institute of Chartered Accountants of India.




The Certificate will be tabled at the Board Meeting to be held for approving the Audited Annual Accounts of the Company.

Complied in Corporate Governance Section in the Annual Report for the year ended 31.03.2010.




Shall be disclosed in the event the treatment is diffrent from Accounting Standards.



Company-wise submissions with respect to compliance with provisions of Corporate Governance for the quarter ended December 31, 2010.Compliance

49 VI 49 VIINA NA

YES YES

YES YES

YES YESComplied CompliedNA NA

YES YES

YES YES

YES YES

YES YESAnnual Report Annual ReportYES YES

Report on Corporate Governance

Annual Requirement.

Annual Requirement.







The Annual Report carried a separate section on compliance of Corporate Governance. The same would be done in future also.

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES





Already submitted along with Annual Report for the year 2009-10.

Corporate Governance Report shall be included in the Annual Report for financial year 2010-11.

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES NA

YES YES



For FY 2009-10 has been complied in the Annual Report of FY 2009-10.

Clause (VI) (i) will be complied in the next Annual Report.

Clause (VII) (1) will be complied in the next Annual Report.

The Compliance Certificate for the year ended 31.03.2011 will be obtained along with the Annual Report of 2010-11.

NA NA

YES YES

NA NA

YES YES

YES YES

YES YES













YES YES

YES YES





YES YES

YES YES

YES YES

YES YES

Will form part of Annual Report 2010-2011. The Company duly submits Compliance status reports duly sgned by its chief Legal Officer and Company Secretary to the Stock Exchanges in accordance with this sub-clause.

Statutory Auditors Certificate will be obtained and would form part of the Annual Report 2010-2011. Disclosure regarding compliance with the mandatory requirements will be made in the Annual Report 2010-2011.

49 (VI)(i) - Will be Complied with in the Annual Report.


At the time of AGM.

YES YES

YES YES

YES YES

- -

YES YES

YES YES

It will be provided in the Annual Report for the year ending on 31st March 2011.







Status disclosed in the Board's report on corporate governance as per Cl 49 (VI)

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES





For 2009-10 complied with in latest Annual Report. For 2010-11 will be complied with in the next Annual Report.

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

Will include in the Annual Report for FY2010.

Will form part of Corporate Governance Report for FY2010.



NA NA

NO NO

YES YES

YES YESComplied with Complied with

YES YES





NO NO

YES YES

YES YES

YES YES

YES YES

Will comply with when due. Complied with for the last corporate Financial year ended 31.12.2009.

Will comply with when due. Certificate from the auditors annexed to Directors report for the corporate financial year ended 31.12.2009.



YES YES

YES YES

YES YES

YES YES

Report published in the Annual Report of 2009-10.

The non-mandatory requirement which is not being adopted by the Bank if any is being disclosed in the Annual Report of 2009-10.

Wherever applicable

YES YES

YES YES

YES YES

YES YES

Detailed Corporate Governance Certificate included in Annual Report.


Annual Report for the year 2009-10 has a separate Section on Corporate Governance giving the required information.

Report on Corporate Governance forms part of Annual Report for the Financial Year 2009-2010.


YES YES

YES YES

YES YES

YES YES

YES YES

YES YES






YES YES

YES YES



Corporate Governance report for the period ended March 31, 2010 would be included in the Annual Report for the period ended March 31, 2010.

Compliance certificate on Corporate Governance for the period ended 31st March 2010 would be included in the Annual report for the period ended 31st March, 2010 and would be filed with the stock Exchanges along with the Annual Report.

- -

NA NA

- -

YES YES

YES YES

YES YES

YES -















YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES








YES YES

YES YES

YES YES

YES YES

YES NA




For the current financial year 2010-2011, it will be placed at next Annual General Meeting.

The same will be laid at ensuing annual general meeting of the Company.

YES YES

YES YES

YES YES

YES YES

NA NAN.A. N.A.YES YES

YES YES

YES YES

YES YES

YES YES

NA NA

Corporate Governance Report has been made a separate section of Annual Report of the Company since last three (3) years.

The same will form part of FY2011 Annual Report.

As far as Non mandatory requirements as per Annexure ID are concerned, the Company is in process of fulfilling Non mandatory requirements in a phased manner.









YES YES

YES YESN.A. N.A.YES YES

YES YES

YES NA

YES YES



Will be covered in Annual Report for the year 2010.

Will be covered in Annual Report for the year 2010.



Certificate for Corporate Governance for 2010-2011 will be published in Annual Report for 2010-2011.

Certificate for Compliance for 2010-2011 will be published in Annual Report for 2010-2011.





YES YES

NA NA

YES YES

YES YESNA NAYES YES

YES YES

NO NO

YES YES

YES YES

YES YES


1. Certificate from Auditors obtained for the year 2009-10. 2. For Non-mandatory requirements adoption / non-adoption disclosed in the Annual Report 2009-10.




The certificate will be annexed to the Directors' Report in the Annual Report.

N.A. for the present quarter. annexed along with Director's Report in the Annual Report.

N.A. for the present quarter. Forms part of the Annual Report of the Company.





YES YES

YES YES

YES YES

YES YES

Has been complied with in the Annual Report 2009-2010.

Has been complied with in the Annual Report 2009-2010.

The Annual Report for the year 2009-10 is covering a detailed report on Corporate Governance. The report for the FY 2010-11 will form part of the Bank's Annual report for the FY 2010-11.

The Bank has obtained a certificate from its Statutory Auditors M/s. S.R. Batliboi & Co. regarding compliance of condition of Corporate Governance and same has been annexed with the Directors Report for the year 2009-10. Also same has been filed with the stock exchanges.

YES YES

NA NA

YES YES

YES YES

YES YES

YES YES

YES YES









YES YES

YES YES


YES YES

YES YES

YES YES





There shall be separate section on Corporate Governance in the Annual Reports. The company shall submit quarterly compliance report to stock exchanges within 15 days from the end of the quarter in a prescribed format.

Certificate from practicing company secretaries or the auditors on compliance of corporate governance shall be annexed to Director's Report and should be filed with stock exchanges. The non-mandatory requirements given in annexure- 1D may be implemented as per the discretion of the Company.

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES




YES YES

YES YES

YES YES

YES YES

YES YES



Report on Corporate Governance forms part of the Annual Report of the Company for the year ended 31st March 2010.

Compliance Certificate forms part of the Annual Report of the Company for the year ended 31st March 2010.



YES YES

- -

YES YES

YES YES

YES YES

Will be complied with in the Annual Report for 2010-2011.

Will be complied with in the Annual Report for 2010-2011.



(i) Complied in the Annual Report 2009-2010. This will be complied in subsequent Annual Reports also. (ii) Complied.



Certificate on compliance on conditions on Corporate Governance on yearly basis will be issued / covered in the Next Annual Report 2010-11.

YES YES

YES YES

YES YES

YES YES



Has been disclosed in the current Annual Report.

(i) Complied with in the Annual Report for 2009-10. Will also be complied in the next Annual Report.(ii) yes.

Complied with in the Annual Report for 2009-10. Will also be complied in the next Annual Report.

YES YES

YES YES

YES YES

YES YES

YES YES

YES NA

YES YES

Will be complied in Annual Report for the year 2010-11.

The separate section on Corporate Governance with a detailed compliance report on Corporate Governance has been elaborated in the Annual Report to the shareholders, 2009-2010.

Certificate has been enclosed in the annual report to the share holders,2009-2010. Further six copies of the Annual Report had been sent to NSE and BSE, One copy sent to each of other stock exchanges.



Required Annually

YES YES

YES YES

YES YESDuly complied

YES YES

YES YES



49(VII-1) Duly complied, 49(VII-2) Disclosure will be made in Annual Report 2010-2011.



YES YES

YES YES

YES NA

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

Report Complied with in Annual Report for 2009-10.

Report Complied in Annual Report for 2009-10.








YES YES

YES YES

YES YES

The Last Disclosures was made in the Annual Report for the AGM held on 3rd August 2010.

The Last Disclosures was made in the Annual Report for the AGM held on 3rd August 2010.

YES YES

YES YES

YES YES

A separate section on Corporate Governance is given in Annual Report of 2009-10

A certificate from the Auditors regarding compliance of conditions of Corporate Governance will be given in Annual Report of 2009-10.



Requirement with respect to the separate section on Corporate Governance Report in the Annual Report has been complied in the Annual Report for the year ending March 31, 2010.

YES YES

YES YES

YES YES

YES YES

Report on the Corporate Governance has been included in the Company's Annual Report for the year ended December 31, 2009.

The Company had obtained Auditors' Certificate from its Statutory Auditors' viz; M/s Price Waterhouse, about compliance of the conditions of Corporate Governance under the provisions of Clause 49 of the Listing Agreement and the said ' Corporate Governance Report' was incorporated in the Annual Report sent to the shareholders for the year ended December 31, 2009. The said Annual Report along with the Certification has been filed with the Stock Exchanges pursuant to provisions of law.





YES YES

YES YES

YES YES

YES YES

Reported in the Annual report for 2009 published in May 2010. (will also be reported in the Annual Report for 2010 to be published in May 2011)

Annexed to the Annual report for 2009. (will also be reported in the Annual Report for 2010 to be published in May 2011)



- -

YES YES

YES YES

YES YES

YES YES

YES YES

YES NO

YES YES

YES NA

YES YES











Provisions of Clause 49 (VI) (i) will be comply with in Annual Report for financial year 2010-11.

Will be comply with in the Annual Report for Financial Year 2010-11.

YES YES

YES YES

YES YES

YES YES

YES YES



YES YES

NA NA

NO NO







YES YES

YES YES

YES YES



Quarterly compliance report is being filed regularly. A separate section on corporate governance containing a detailed report has been included in the Annual Report for 2009-10.

This has been complied in the Annual Report for 2009-10.



YES YES

YES YES

YES YES

YES YES

NO NO

YES YES

YES YES






Will be submitted in the next Annual Report.

Will be submitted in the next Annual Report.

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES NA



Corporate governance is part of the Annual report for the year 2010-11.

Certificate on compliance on corporate governance is part of the Annual report for the year 2010-11.

Clause 49 (VI)(i) will be complied on annual basis.


YES YES

YES YES

YES YES

YES YES

YES YES

Published in the annual report for the year ended 31.03.2010.

Published in the annual report for the year ended 31.03.2010.

Complied with. A Report on Corporate Governance formed part of the Annual Report 2009-10. and will form part of the report for the year 2010-11 also.

Complied with. The Company obtained a Certificate from the Statutory Auditor regarding compliance of conditions of Corporate Governance for the year ended 31.03.2010 and the same has been annexed to the Directors' Report for the year 2009-10. Disclosure regarding compliance with the mandatory requirements forms part of the Corporate Governance Report for the year 2009-10. The above requirements will be complied with for the year 2010-11 also.

YES YES

Nil Nil

YES YES

The Company is adopting the Code of Corporate Governance from the Financial year 2000-01 and the Report is being submitted to the shareholders along with the Annual Reports for the respective Financial years, regularly.

The certificate of compliance has been included in the Annual report.

YES YES

YES YES

YES YES

YES YES

YES YES

- -







YES YES

YES YES

YES YES

YES YES

YES YES





The Report on corporate governance has been attached to the Annual Report for the financial year 2009-10. The compliance report for the quarter ended September 30, 2010 was filed with the stock exchange on October 11, 2010.

The compliance certificate by the statutory auditors of the company has been attached to the Report on Corporate Governance in the Annual Report for the financial year 2009-10

NO NO

YES YES

YES YES

YES YES

YES YES


Necessary Certificate regarding compliance of conditions of Corporate Governance is obtained.





YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES










YES YES

- -

- -

YES YES

YES YES

YES YES

YES YES

- -

YES YES

YES YES

Forms part of the Annual Report for the Year 2009-10 and shall be Complied with in the Annual Report for the year 2010-2011.

Forms part of the Annual Report for the Year 2009-10 and shall be Complied with in the Annual Report for the year 2010-2011.





A Report on corporate governance will be furnished in the relevant Annual Report.

A Compliance Certificate on Corporate Governance certified by the Auditors of the company will be annexed to the relevant Annual Report



- YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES






Detailed compliance report will be provided in the Annual Report for the Financial Year 2010-2011

Will be provided in the Annual report for the Financial Year 2010-2011.

(i) Will be complied in the next Annual Report for the current year 2010-2011. (ii) for quarter ended 31st December 2010, relating to Report in Annexure 1B being complied with.


Will be disclosed in the next Annual Report also.

Will be disclosed in the next Annual Report also.

YES YES

YES YES

YES YES

YES YES


YES YES

YES YES

YES YES





Already complied for 2007-08 and 2008-09 and 2009-10 and for 2010-11 will be complied in Annual Report of 2010-11.

Complied / Will be complied in the Annual Report for the year 2010-11.

YES YES

YES YES

YES YES

YES YES





YES YES

- YES

It was included in Bank's Annual Report for 2009-10, will also be complied with in the next Annual Report. Regularly filing quarterly Compliance Report with Stock Exchanges.

The Bank has been complying with same and shall continue to comply with in the next Annual Report.

Report on Corporate Governance forms part of the Annual Report for the year 2009.

The Certificate from Practicing Company Secretary regarding compliance of conditions of Corporate Governance forms part of the Annual Report for the year 2009.

YES YES

YES YES

Annual Corporate Governance Report already forms part of Annual Report. Quarterly compliance reports are regularly submitted to Stock Exchanges.

Auditors' Certificate on compliance of the conditions of corporate governance is included in the Annual Report 2009-10

YES YES

- -

YES YES

YES YES

YES YES

will be complied with in the annual report 2010-11.

Certificate obtained from the Statutory Auditors will be reported in the Annual Report 2010-11.







Was published in the Annual Report for the year ended December 31, 2009 and copies of the same were sent to the stock Exchanges on June 9, 2010.

YES YES

YES YES

NA YES

YES YES

YES YES

YES YES

NO NO

NA YES









YES YES

YES YES

YES YES

YES YES

YES YES

YES YES







YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES





2009-10 Annual Report.

certified by a PCS







YES YES

YES -

NA NA

YES YES

YES YES

Published in the Annual Report for the year 2009-2010.





YES YES

YES YES

YES YES

YES YES



Will be Incorparated as a part of the 31.03.2011 Annual Report.

The Certificate from the Auditors will be obtained and disclosed in the Annual Report for 2010-11. Adoption of non-mandatory requirements are under active consideration.

Will be incorporated as a part of the 31.03.2011 Annual Report.

The Certificate from the Auditors will be obtained and disclosed in the Annual Report for 2010-11. Adoption of non-mandatory requirements are under active consideration.

Put in the Annual Report

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES







YES YES

YES YES

YES YES


Fully Compliant with all the clauses and reports along with the Certificate will be annexed in the Annual Reports for the year 2010-11.



YES YES

YES YES

YES YES

YES YES

The Annual Report for the year 2009-10 carried the report on Corporate Governance.

The company has obtained the certificate from Auditors of the company in the Annual report for the year ended March 31, 2010.

YES YES

YES YES

- -

NA NA

YES YES

YES YES

YES YES





Will be complied with Annual Report.

Will be complied with Annual Report.

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES -

YES YES

YES YES

YES YES

YES YES

Is incorporated in the Annual Report for the year 2009-10.

Compliance Certificate from M/s M.P. Chitale & Co., Statutory Auditors of the Company has been obtained and same form the part of Annual Report 2009-10.








YES YES

YES YES

YES YES

NO NO

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

Complied in the annual report for the year 2009-2010.



This has been included in AR 2009.



YES YES

YES YES



The report on Corporate Governance forms a part of the Annual Report for 2009-10.


YES NA

YES YES

YES YES

YES YES

YES YES

NA NA

YES YES



No certificate from auditors needed as per RBI circular BC.112.08.138.001/2001-02 dated 4th June 2002.



A separate section on Corporate Governance forms part of the Annual Report of the Company.

(i) Will be complied in the next Annual Report. (ii) Complied with.


YES YES

YES YES

YES YES

YES YES

YES YESNil. Nil.YES YES


Will be circulated at the time of AGM.



Compliance was made in the Annual report for the year ended 31st December 2009.

Compliance was made in the Annual report for the year ended 31st December 2009.

YES YES

YES YES

YES YES

The Annual Report of the Company contains separate section of Report on Corporate Governance containing detailed compliance report on Corporate Governance and all other necessary information.

The Company has obtained the necessary Auditor's Certificate on Compliance of conditions of Corporate Governance and forwarded it along with Annual Report to its Shareholder and the Stock Exchanges.



YES YES

NA NA

NA NA







YES YES

- -

NA NA

YES NA





Will be complied with at the time of preparation of annual report for the year 2010-2011.

Will be complied with at the time of preparation of annual report for the year 2010-2011.



YES YES

NO NO

- YES

YES YES

The Nomenclature of Remuneration Committee has been changed by Board as `Remuneration and Compensation Committee w.e.f. October 01, 2010, Smt. Lalitaben G. Patel, Non- executive Director or the Company was appointed as a member of Committee w.e.f. 1st October, 2010 over and above existing three Independent directors. Will be complied in the next annual report

Yes. Attached to the 21st Annual Report - 2010.




YES YES

YES YESAnnual Report Annual Report- -

YES YES

YES YES

YES YES

YES -

YES YES





The Report on Corporate Governance will be inserted in the Annual Report every year.

Necessary Compliance Certificate is duly obtained and the same will be inserted in the Annual Report every year.

Detailed compliance report will be given in the next Annual Report.


YES NA

NO NO

YES YES

YES YES




The Annual Report of the Company will contain a separate section on Corporate Governance.

The Company shall obtained a certificate as required regarding compliance of conditions of corporate governance.

YES YES

- -

YES YES

YES YES

NO NO

YES YES

31st March, 2010 Annual Report.

31st March, 2010 Annual Report.



Given for the financial year ended June 30, 2010.



YES YES

YES YES

YES YES

YES YES

The Report on Corporate Governance will be inserted in the Annual Report every year.

Necessary Compliance Certificate is duly obtained and the same is being inserted in the Annual Report every year.

It will be a part of the Annual Report.



YES YES

NO NO

YES YES

YES YES

- -

YES YES

A detailed Report on Corporate Governance for the last year forms a part of the Annual Report 2009-10.

The Annual Certificate of the Practising Company Secretary on compliance of conditions of Corporate Governance for the last year forms part of the Annual Report 2009-10.




Separate section on Corporate Governance Report will be provided in Annual Report of the Company for the year 2009-10.

Statutory Auditors' Certificate for compliance with Clause 49 of Listing Agreement has been obtained & included in Annual Report 2009-10.



YES YES

YES YES

YES YES

NA NA

YES YES

YES YES





NA NA

YES YES

YES YES

NA NA

YES YES

Complied in the Annual Report (2009-10)

Complied in the Annual Report (2009-10)








YES YES

YES YES

YES YES

YES YES

YES YES

NO NO

YES YES

YES YES


Sub-clause (1) - Formed part of the Annual Report for the year 2009-10. Shall form part of the Annual Report for the year 2010-11. Sub-clause (2) - Non-mandatory. Disclosure made in the Annual Report for the year 2009-10. Disclosure shall be made in the Annual report for the year 2010-11.



YES YES

YES YES

YES YES

- -

YES YES

YES YES

NA NA

YES YES

YES YES

YES YES







YES YES

The report on Corporate Governance has been made part of the Annual Report of the Company from F.Y. 2000-01 onwards which was sent to all the shareholders. The Company voluntarily obtains a certificate of compliance under clause 49 of the Listing Agreement on Corporate Governance from a Practicing Company Secretary on quarterly basis and forward the same along with the quarterly compliance report to the Stock Exchanges where the Company's shares are listed.

A Certificate has been issued by the Practicing company Secretary on Compliance of Corporate Governance and the same is printed in the Annual Report of the Company for the Financial Year 2009-10.

Corporate Governance Report will form part of the Annual Report for the year ended December 31,2010.

Certificate regarding Compliance will form part of the Directors report for the year ending December 31, 2010. Disclosures of the compliance with mandatory requirements and adoption of the non-mandatory requirements will be made in the corporate governance report for the year ending December 31, 2010.

YES YES

Complied CompliedYES YES

YES YES

YES YES

YES YES

YES YES

YES YES

NO YES

YES YES

YES YES




Certificate of compliance will be obtained from the Auditors and will be annexed to Directors Report of FY 2010-11 and the same will be filed with the Stock Exchanges.

Report on Corporate Governance form part of the Annual Report of the Company.


YES YES

YES YES

YES YES

- YES

N.A.

YES YES

A separate section on corporate governance containing a detailed compliance report with all mandatory requirements and extent to which non-mandatory requirements have been adopted is printed in the Annual Report for the Financial Year 2009-2010.

A Certificate has been issued by Practicing Company Secretary on compliance of provisions of corporate governance and the same is printed in the Annual Report for the Financial year 2009-2010.



N.A. Will be complied in next Annual Report.

YES YES

YES YES

NIL

YES YES

YES YES

YES YES

- -




- -

YES YES

YES YES

YES YES

YES -

YES YES

YES YES







Corporate Governance Report as on 31st March, 2010 will be submitted to the members along with the Annual Report of the financial year 2010-11.Further Quarterly Compliance Reports are regularly submitted to the National Stock Exchange of India Limited and Bombay Stock Exchange Limited.

Certificate of Corporate Governance for compliance under clause 49 shall be complied in the Annual Report for the Financial Year 2010-11.




Complied Complied

YES YES

YES YES

YES YES

YES YES

YES YES

Report on corporate Governance (Annual) shall be complied in the next Annual Report for the financial year ending 31.03.2011.

Will be complied in the next Annual Report for the financial year ending 31.03.2011.

At the year end.

At the year end.

The said Report forms part of the Annual Report for the year 2009-10.

The Auditors Certificate is provided in the Annual Report for the year 2009-10.

YES YES

YES YES

YES YES

YES YES

- YES

NO NO

The Report on corporate Governance will forms part of the Annual Report 2010-11. The Corporation has submitted Compliance status report duly signed by its Company Secretary to the BSE and the NSE in accordane with this sub-clause. A copy of the said report for the quarter ended December 31, 2010 will be tabled at the Meeting of the Board of Directors to be held on January 14, 2011. for its noting.

Certificate confirming compliance with mandatory requirements under Clause 49 of the Listing Agreement, was obtained from the Auditors of the Corporation and annexed to the Directors' Report forming part of the Annual Report 2010-11. The said certificate has been sent to the stock Exchange along with the Annual Report 2010-11. Disclosures regarding compliance with the mandatory requirements and adoption/ non-adoption of non-mandatory requirements has been made in Annual Report





Has been complied with in the 2008-09 annual report.

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES








Certificate from Statutory Auditors regarding compliance of Corporate Governance for the financial year 2009-2010 annexed to the Corporate Governance Report for the financial year 2009-2010 in the Annual Report for the financial year 2009-2010.



YES YES

YES YES





YES -

YES YES

The report as per the revised clause 49 is published in the Annual Report.

The Certificate obtained from the Statutory Auditors of the Company on compliance of the conditions of Corporate Governance is published in the Annual Report.



YES YES

YES YES

YES YES

YES YES

YES YES




YES YES

YES YES

YES YES

The requirements are already complied with.

The requirements are already complied with.

alongwith Annual Report.

alongwith Annual Report.



YES YES

YES YES

YES YES

YES YES

YES YES

- -

- -

Forms part of the Annual Report for the financial year 2009-2010.

Compliances Certificate from the Auditor regarding compliance of Corporate Governance annexed to the Director's Report for the financial year 2009-2010 included in the Annual Report for the financial year 2009-2010.





(I) Have been complied with. (ii) Have been complied with.




NA NA

YES YES



YES YES

YES YES

YES YES

YES YES




YES YES

NA NA

YES YES

YES YES

YES YES

YES YES

YES YES





Form part of Annual Report 2009-10

Form part of Annual Report 2009-10

YES YES

YES YES

YES YES

A separate report on the Corporate Governance formed part of the Annual Report for the year ended on March 31, 2010, and will also be complied with in the Annual Report for the year ended on March 31, 2011.

Certificate to this effect (by practicing Company Secretary) formed part of the Annual Report for the year ended on March 31, 2010, and will also be complied with in the Annual Report for the year ended on March 31, 2011.





NA NA

YES YES

YES YES

YES YES

- -

YES YES

YES YES



Being Complied with in the Annual Report.



YES YES

YES YES

YES YES

NO NO

YES YES



The Annual Report 2009-10 contains a chapter on Corporate Governance and all requisite disclosures have been made.The same will also be complied with in the next Annual Reports i.e. 2010-11.

IDFC complies with the provision of Clause 49(VII).



YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

Relevant details will be included in Annual Report for Financial Year 2010-11.





Clause 49(VI)(i) complied with in the Annual Report 2010.


YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES YESN.A. N.A.YES YES





YES YES

YES YES

A report of the Board of Directors of Indian Bank on corporate Governance 2009-10 forms part of the Annual Report for the year ended March 31,2010.(Page45).

A certificate from the Auditors on Corporate Governance forms part of the Annual Report for the year ended March 31, 2010 (page 71).

YES YES

YES YES

Report on Corporate Governance for 2009-2010 was circulated to all Members of the Company along with its Annual Report for the year ended 31st March, 2010.

Certificate from the Statutory Auditors obtained for compliance of Corporate governance and forms part of Annual Report for the year 2009-10.

The details are provided in the Annual Reports for the year 2009-10.

The details are provided in the Annual Reports for the year 2009-10.

YES YES

YES YES

YES YES

YES NA

YES YES

YES YES

YES YES





This time part compliance only. Full compliance will be in the next Annual Report.


At the time of AGM .


YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES



The Appropriate disclosures have been made in the Annual Report 2009-2010.




YES YES

YES YES

YES YES

YES YESAnnualYES YES

YES YES

YES YES

Requisite Certificate has been included in the Annual Report.

Report on corporate governance forms part of the Annual Report.

Auditors Certificate regarding compliance of conditions of Corporate Governance included in Annual Report.



YES YES

The same has been incorporated in the Annual Report 2009-10.

Certificate has been obtained from the Statutory Auditors and has been incorporated in the Annual Report 2009-10.

YES YES

YES YES

YES YES

YES YES

YES YES






YES YES

YES YES

YES YES

Corporate Governance Report as on 31st March, 2010 was submitted to the members alongwith the Annual Reports of the Financial Year 2009-10. Further Quarterly Compliance Reports are regularly submitted to the Bombay Stock Exchange Limited and The National Stock Exchange of India Limited.

Compliance certificate for the financial year ended 31st March, 2010 was annexed to the Annual Report for the Financial Year 2009-10 and shall also comply with the current Financial Year 2010-11.


Sub-clause (1) - Formed part of the Annual Report for the year 2009-10. Shall form part of the Annual Report for the year 2010-11. Sub-clause (2)- Non-mandatory disclosure made in the Annual Report for the year 2009-10. Disclosure shall be made in the Annual Report for the year 2010-11.

YES YES

YES YES

YES YES

YES YES

Forming part of Annual Report 2009.

Forming part of Annual Report 2009.



YES YES

YES YES

YES YES

Complied CompliedYES YES

YES YES

YES YES

YES YES

YES YES

Clause 49 (VI)(i) Complied with in the Annual Report 2010.




Being Complied

Being Complied


NA NA

YES YES

- -

YES YES

YES YES

Report on Corporate Governance form part of the Annual Report for the year 2009-10.

Certificate from the Auditors regarding compliance of conditions of corporate Governance annexed to the Directors Report for the year 2009-10.





YES YES

YES YES

YES YES



Management Discussion and Analysis Report already complied in 2009-10 and for the year 2010 shall be complied in the Annual Report.

Report on corporate governance has been incorporated in the Annual Report of 2010-11.

(1) Compliance certificate from the auditors has been annexed to the Directors' Report for 2010-11. (2) The disclosure as to adoption/ non adoption of the non-mandatory requirement will be made in the Annual Report of 2010-11.

YES YES

YES YES

YES YES

YES YES

NA NANA NA

Information is provided in the annual report for the year ended 31.03.2010.

Information is provided in the annual report for the year ended 31.03.2010.

YES YES

YES YES

NO NO

YES YES

Will form part of the Annual Report for the year ending March 31, 2011.

Will form part of the Annual Report for the year ending March 31, 2011.





Required Report on Corporate Governance, shall be made in the Annual Report 2010-2011.

Required compliance Certifiacte shall be annexed in the Annual Report 2010-2011.

YES YES

- -

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES









YES YES

YES YES

YES YESNil NilYES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES



Compliance Made

Compliance Made







YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

- -

YES YES

YES YES

YES YES

YES YES

YES YES



Complied in the Annual Report for financial year 2009-2010.

Complied in the Annual Report for financial year 2009-2010.



YES YES

YES YES

YES YES

YES YES

YES YES

YES YESComplied Complied

- -

YES YES

YES YES

YES YES

NA NA

YES YES

YES YES



For financial year 2009-10 we have complied with the requirement.





We have complied with the revised requirementsfrom the Annual Report, 2005-06.

We have complied with the revised requirementsfrom the Annual Report, 2005-06.



YES YES

- -

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

NA NA

Compliance Certificate will be obtained and will form part of the Annual Report 2009-10.







Forms part of the A R. 09-10.



YES YES

YES YES

NA NA

YES YES

YES YES

YES YES

YES NA

YES YES

YES YES

NO NO












YES YES

NA NA

YES YES

YES YES

YES YES





YES YES

NO NO

YES YESAnnually AnnuallyYES YES

YES YES

NO NO

YES YES

YES YES

YES YES

YES YES













NA NA

YES YES

YES YES

YES YES

Compliance has been made in the 17th Annual report for the year ended 31.03.2010. Quarterly compliance report on code of corporate governance for the quarter ended on 30.09.2010 was sent to the stock exchanges.

The 17th Annual Report for the year ended 31.03.2010 contains a certificate obtained from DMK Associates, Company Secretaries regarding compliance of conditions of corporate governance. The said certificate along with the Annual Report has been sent to all shareholders and also filed with the stock exchanges.

The Company has prepared Report on Corporate Governance in the Annual Report of 2009-10.

YES YES

YES YES

YES YES

YES YES

YES YES







YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

NA YES

YES YES

- -

Being complied with on an on going basis. Necessary disclosure made in Annual Report.




YES YES

YES YES

YES YES

YES YES

NA NA

YES YES

- -




Forms part of the Annual report.








Shall be complied in the next Annual Report for the year ending 31/3/2011.

YES YES

NA NA

YES YES

YES YES

YES YES

NA NA

YES YES

YES YES

NA NA





It has been complied in the Annual Report (2009-2010)

It has been complied in the Annual Report (2009-2010)

continued to complied with, for the year ended 31.03.10 and onwards.



NA NA

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES NA

YES YES









YES YES

YES YES- -YES YES

YES YES

YES YES

YES YES

YES YES



YES YES

YES YES

YES YES


YES YES

YES YES

YES YES

YES YES

YES YES



For the year 2009-10 furnished in the Directors Report for the said year. Will be complied with in the Directors Report for the year 2010-11.

Compliance certificate from statutory auditors for 2009-10 furnished in the Directors Report. Will be complied with in the Directors Report for 2010-11.



YES YES

YES YES

YES YES

YES YES

YES YES

Disclosure about Annexure-IC made in the Annual Report of 2009-2010.

Disclosure about Annexure-ID will be made in the Annual Report of 2009-2010. The certificate from the Statutory Auditors of the Company was obtained and for part of Annual Report of 2009-2010.



Forms part of the Annual report for the Financial year 2009-2010.

Compliance certificate from the Auditor regarding compliance of corporate governance annexed to the Directors report included in the Annual report for the Financial year 2009-2010.

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

- -

Will be complied in the next Annual Report.Quarterly Compliance Reports are regularly sent to the Stock Exchanges.






Was published in the Annual Report for the year ended on June 30, 2010.



YES NA

YES YES

YES YES

YES NA

YES YES

YES YES


A detailed report on Corporate Governance has been included in the Annual Report of the Company for the year ended March 31, 2010.







2009-2010: A detailed report on Corporate Governance has been included in the Annual Report of the Company for year ended 31st March 2010. 2010-2011: Will be complied with in the Annual Report 2010-2011.


YES YES

YES NO

YES YES

YES YES

YES YES

NA NA

NO NO

YES YES

YES YES

YES YES

YES YES










YES YES

YES YES

YES YES

YES YES

YES YES

The report on Corporate Governance for the financial year ended March 31, 2010 incorporating the requirements under Annexure IC to the extent applicable has been published in the Annual Report of F.Y. 2009-10.

The Company has obtained the Certificate of Statutory Auditors of the Company as regards the compliance of the conditions of the Corporate Governance under Clause 49 of the Listing Agreement and the same has been published in the Annual Report of F.Y. 2009-10.

In the Annual Report.

YES YES

YES YES

YES YES

YES YES



YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

A section on Corporate Governance was given in the Annual Report.

A certificate on Corporate Governance was given in the Annual Report.

Requirement with respect to the separate section on Corporate Governance Report in the Annual report will be complied in the Annual Report.

will be complied with in the Annual Report.





YES YES

YES YES

YES YES

YES YES

The Annual Reports of the Company contain a detailed Corporate Governance Report. Quarterly Compliance reports are also submitted to stock exchanges.

Certificate of compliance with Corporate Governance requirements is certified by the Statutory Auditors and the certificate forms part of the Company's Annual Report.



YES YES

YES YES

(i) Requisite information has been disclosed in the Annual Report 2009-2010. (ii) Quarterly compliance reports are being submitted to the Stock Exchanges regularly within 15 days from the end of each quarter.

A certificate from practicing CS regarding compliance of the provisions of the Corporate Governance has been included in the Annual report 2009-10.

YES YES

YES YES

YES YES

YES YES

YES YES

- YES

YES YES

NO YESNil

Will be Complied in the next Annual General Meeting.






Will comply with the Annual Report.

NA YES

Complied with

YES YES

YES YES

YES YES

YES YES

NA NA

YES YES

YES YES

Not applicable to this quarter

The provisions on Report on Corporate Governance for financial year ended December 31, 2010 will be complied in the next Annual Report.

The provisions on Report on Corporate Governance for financial year 2010-2011 will be complied in the next Annual Report.






YES YES

YES YES

YES YES

YES YES

YES YES

NO NO

NA NA

YES YES

YES YES





YES YES

YES YES

YES YES

A separate report was incorporated in the Annual Report for 2009-10.

Was complied with during 2009-10.



Complied in 12th Annual Report

Complied in 12th Annual Report

YES YES

YES YES

YES YES

NA NA

YES YES

YES YES

YES YES

YES YES

Complied with the Annual Report. 2009-10 Necessary reporting for the current financial year will be done in the next Annual Report.



To be complied in Annual report. The company is sending the quarterly compliance report to Stock Exchanges.

To be complied in Annual report.





YES YES

YES YES

YES YES

YES YES

YES YESNA NAYES YES

YES YES

YES YES

A Report on corporate governance will be furnished in the Annual report for year 2010-11.

A Compliance Certificate on Corporate Governance certified by the Auditors of the company will be annexed to the Annual Report for the year 2010-11.

Being complied as part of annual report.


Being complied as part of annual report

Being complied as part of annual report

Being complied as part of Annual Report.

Being complied as part of Annual Report.

A separate report on the Corporate Governance formed part of the Annual Report for the year ended on March 31, 2010 and will be complied for the year ended on March 31, 2011.

Certificate to this effect (by practicing Company Secretary) formed part of the Annual Report for the year ended on March 31, 2010. and will be complied for the year ended on March 31, 2011.



YES YES

YES YES

The Corporate Governance Report is part of Annual Report 2009-2010 sent to the Members. The same will be complied with in the Annual Report 2010-2011,

The Certificate from the Statutory Auditors was enclosed as Annexure to Directors Report for the year 2009-2010. The same wilt be complied with in the Directors¿ Report 2010-2011.


YES YES

YES YES

YES YES

YES YES



The requirement as per sub clause (i) of clause 49(VI) is being complied by the Company on an annual basis. The Corporate Governance report has been published in the Annual Report of the Company for the Financial year ended March 31, 2010.

The Certificate as required in sub clause (1) of clause 49(VII) forms part of Corporate Governance Report to be published in the Annual Report of the Company for the Financial Year ended March 31, 2010.

YES YES

NA NA

YES YES

NA YES


YES YES






YES YES

YES YES

YES YES

YES YES

YES YES


YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

Complied with in the Annual Report FY 2009- 2010. and for every quarter so far.

Complied with in the Annual Report for FY 2009-2010.



A full report on Corporate Governance will be provided in Annual Report for the year 2009-10.

Compliance Certificate was provided in Annual Report for the year 2009-10.

YES YES

YES YES

YES YES

YES YES

YES YES





YES YES

YES YESComplied

- -

YES YES

YES YES

Corporate Governance Report is part of the Annual Report.

The company obtains a compliance certificate from Statutory Auditors on annual basis, which forms part of Annual Report.




YES YES

YES YES

NA NA

YES YES

YES YES

NO NO







YES YES

YES YES

YES YES



YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES


Shall be complied at the time of next Annual General Meeting.


YES YES

YES YES

- -

YES YES

YES YES

The Bank has incorporated a detailed compliance report on Corporate Governance in the Annual Report.

The Bank has annexed the certificate with the Director's Report incorporated in Annual Report.







YES YES

YES YES

YES YES

YES YES

YES YES

Yearly requirement

Yearly requirement






NIL NIL

YES YES

YES YES

YES YES

YES YES







YES YES

- YES


The Auditors Certificate on Corporate Governance will be obtained & disclosed in the Annual Report - 2010. Non-compliance with non-mandatory requirement will be disclosed in Corporate Governance Report, forming part of Annual Report - 2010.

YES YES

NA NA

YES YES

YES YES

YES NA

- -

YES YES

Complied in the annual report of the company.











YES NA

YES YES

YES YES

- -

YES YES

YES YES

YES YES

YES YES







YES YES

YES YES

YES YES

YES YESNA NA

YES YES

YES YES



YES YES

YES NA

YES YES


The Company obtained a certificate from the Auditors regarding compliance of conditions of Corporate Governance for the year ended March 31, 2010 and the same form part of Corporate Governance Report for the year ended March 31, 2010.


YES YES

YES YES

YES YES

YES YES

YES YES

Given for the financial year ended June 30, 2010.



49 (VI) complied in the Annual Report of F.Y. 2009-10.

49 (VII) complied in the Annual Report of F.Y.2009-10.

YES YES

YES YES

YES YES

YES YES



The Annual Reports carried the Corporate Governance Report.

The Company obtained the required certificate from Auditor.

Clause 49 (VI)(i) being complied on annual basis.


Report on Corporate Governance for FY11 will be included in Annual Report for FY 11.

Report on Corporate Governance for FY11 will be included in Annual Report for FY 11.

YES YES

YES YES

YES YES

Report on Corporate Governance for FY11 will be included in Annual Report for FY11.

Report on Corporate Governance for FY11 will be included in Annual Report for FY11.

Report on Corporate Governance for FY11 will be included in the Annual Report for FY11.

Report on Corporate Governance for FY11 will be included in the Annual Report for FY11.



YES NO

YES YES

YES YES

YES YES

N.A. N.A.

YES YES

YES YES




A Report on Corporate Governance was furnished in the Annual Report for the year 2010-11.

A Compliance certificate on Corporate Governance certified by the Auditors of the company will be annexed to the Annual Report for the year 2010-11.

YES YES

NA YES

YES YES

YES YES





Would be complied with when due.

Adoption / Non-adoption of non-mandatory requirements has been disclosed in the Annual Report 2009-10.

Adoption / Non-adoption of non-mandatory requirements has been disclosed in the Annual Report 2009-10.

NA YES

YES YES

YES YES

YES YES



The Certificate will be obtained and will be attached with the Directors report

YES YES

YES NA

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

- -

YES YES

YES YES

Report given in the Annual report 2009-10.

Complied & disclosed in the Annual report 2009-10.




Have been complying till date(including upto 18th AGM) and will also be complied in the next Annual Report.



- -

YES YES

- -

YES YES

YES NA

YES YES

- YES

YES YES

- -

Complied with in the Annual report of 2009-2010. with in the Annual report of 2009-2010.








YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

- -

YES YESN.A N.A

YES YES

YES YES






Certificate is annexed to the Directors Report.




YES YES

YES YES

YES YES







YES YESDuly Complied Duly Complied

YES YES

YES YES

YES YES


Compliance certificate from Auditors attached with Annual Report.

YES NA

YES YES

YES YES

YES NA

YES YES

YES YES

YES YES

YES YES





49 V1 (i) will be complied with in the next Annual Report.

YES YES

YES YES

Separate section on Corporate Governance Report was included in the Annual report 2009-10

Statutory Auditor's certificate formed part of Annual Report 2009-10. Disclosure relating to compliance with all mandatory requirement And extent of compliance with non-mandatory requirements were furnished in Corporate Governance Report for the year 2009-10.

Separate section on Corporate Governance Report is included in the Annual report 2009-10.

Statutory Auditor's certificate formed part of Annual Report 2009-10. Disclosure relating to compliance with all mandatory requirements and extent of compliance with non-mandatory requirements were furnished in Corporate Governance Report for the year 2009-10.

- -

YES YES

YES YES

Annexure D of the Annual Report for the year 2009-10. Pages 11 to 21 of the Annual Report.

Given in the Annual Report for the year 2009-10.

Complied with in the Annual Report 2009-2010, will also be complied in Annual Report of 2010-2011.

The Auditors' Certificate on the compliance with clause 49 is annexed to the Directors' Report for the year ended March 31, 2010 in the Annual Report 2009-2010, will also be complied in Annual Report of 2010-2011.

Separate Section on Corporate Governance Report was included in the Annual report 2009-10.


YES YES

YES YES

YES YES

YES YESNIL NIL- -

YES YES

- -

- -

YES YES

YES YES









Report for the financial year ended March 31, 2010 has been complied in the 24th Annual report 2009-10. Report for the Financial year ended March 31, 2011 will be complied in the 25th Annual Report 2010-11.

YES YES

YES YES

YES YES

YES YES

Furnished in the Annual Report for 2009-10. It will also be furnished in the Annual report for 2010-11.

(1) Certificate from the auditors on compliance with conditions of Corporate Governance attached with Directors report forming part of annual report for the year 2009-10.The certificate will also be attached with Annual Report 2010-11. (2) Disclosures of the compliance with the mandatory requirements and adoption and /or non adoption of non-mandatory requirements were made in the section on corporate governance in the Annual Report for the year 2009-10. disclosure will also be made in the Annual report 2010-11.



YES YES

YES YES

YES YES

YES YES

YES YES

- YES

YES YES

Quarterly Corporate Governance Reports are reqularly submitted to the stock exchanges.

Auditors certificate on compliance of the conditions of corporate governance is included in the annual report for the year ended March 31, 2010.



In the forthcoming Annual Report

YES YES

YES YES

YES YES

NA NA

YES YES

Furnished in the Annual Report for 2009-10. It will also be furnished in the Annual Report 2010-11.

Certificate from the auditors on compliance with conditions of Corporate Governance attached with the Directors Report forming part of the Annual Report for the year 2009-10. The certificate will also be attached with the Annual Report 2010-11. Disclosures of the compliance with the mandatory requirements and adoption and / or non-adoption of non-mandatory requirements were made in the section on Corporate Governance in the Annual Report for the year 2009-10.The disclosure will also be made in the Annual Report 2010-



In Annual Report.

In Annual Report.



YES YES

YES NA

YES YES

YES YES

YES YES

YES YES

YES YES

Separate section on Corporate Governance Report was included in the Annual report 2009-10.



At the time of AGM



YES YES

YES YES

YES YES

NO NO

YES -

YES YES

YES -

YES YES


Shall be complied and necessary details shall be included in the Annual Report.

Would be complied with in the Annual Report for the Financial Year 2010-11.



However 49 (VI) (i) is being complied in the Annual report for the respective financial year.


However, 49(VI)(i) is being complied in the Annual Report for the respective financial year.


YES YES

YES -

- -

YES YES

Corporate Governance Report as on 31st March, 2010 was submitted to the members along with the Annual Report of the Financial Year 2009-10. Further Quarterly Compliance Report are regularly submitted to the Bombay Stock Exchange Limited and National Stock Exchange of India Limited.

Compliance Certificate for the Financial Year ended 31st March, 2010 was annexed to the Annual Report for the Financial Year 2009-10 and shall also comply with the Current Financial Year 2010-11.





YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

NA YES





The Annual Report for the year ended March 31, 2010 has carried the Corporate Governance Report.

The Company has obtained the required certficate from the Auditors for the year ended March 31, 2010 and has filed the same with Stock Exchange for the financial year 2009-10.

YES YES

YES YES

Will form part of the Annual Report of 2010-11.

Already complied with in Annual Report for the year 9-10 which was sent on 07.07.2010. The compliance report on quarterly basis are being submitted to the ck exchanges where the company's equity shares an listed.

Already complied with in Annual Report for the year 2009-10 which was sent on 07.07.2010 to shareholders of the company. The same clause shall be complied with in the Annual Accounts / Report of the company for the next year.

YES YES

NA NA

YES YES

Detailed compliance report provided in Annual Report 2009-10. for FY 2010-11 will be complied in the next Annual Report.

Certificate annexed with Annual Report 2009-10. for FY 2010-11 will be complied in the next Annual Report.





YES YES

YES YES

YES YES

Annual Report. Annual Report.

YES YES

- -

YES YES

The requirement of report on Corporate Governance for the year 2008-09 has been complied with.

Will be complied with the Annual Report for the year 2010-2011.

Will be complied with the Annual Report for the year 2010-2011.

YES YES

YES YES

YES YES

YES YES

- -





Incorporated in Annual Report 2009-10.

Incorporated in Annual Report 2009-10.

YES YES

YES YES

YES YES



YES YES

YES YES

YES -

YES YES

Stated in the Annual Report - 2009-2010. (Financial year ended 31.03.2010)

Cerificate received from M/s. S.R. Batliboi & Associates. Chartered Accountants, Auditors of the Company on compliance of Corporate Governance forms a part of Annual Report of 2009-2010 along with Directors Report.

Detailed compliance report as per listing agreement was given in Annual Report of 2009-10

Compliance certificate was annexed with the Annual Report of 2009-10 as per Listing Agreement.



YES YES

YES YES

YES YES

YES YES

YES YESComplied CompliedYES YES


YES YES

YES YES

YES YES

YES YES

YES YES

NA YES




Auditors' Certificate Forms part of Annual Report.



- -

YES YES

YES YES

YES YES





YES YES

NA NA

YES YES

A detailed section on Corporate Governance has been incorporated in the Annual Report of 2009-10. The same will be ensured for the subsequent years as well. A quarterly compliance report on Corporate Governance duly signed by compliance officer is filed within 15 days from the end of each quarter.

The company has obtained a certificate from Statutory Auditors regarding conditions of compliance of Corporate Governance as stipulated and has annexed the certificate with the Director's report forming part of Annual Report of 2009-10 and has been sent to the Shareholders of the Company. The Same will be ensured for the subsequent years as well.





YES YES

NIL NILYES YES

NA YES

YES YES

YES YES

YES YES

Included in Annual Report 2009-10.




YES YES

YES YES

YES YES

There shall be a separate section on Corporate Governance in Annual Report of company with the detailed compliance report on corporate Governance.

The company obtains a certificate from an Auditor of the company regarding compliance of Corporate Governance and annexes the certificate with the Director Report, the certificate is also sent to the Stock Exchanges along with Annual Report of the Company.



YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

- -

YES YES

- -

YES YES

YES YES

Will be attached with the Annual Report 2010-11.

Will be attached with the Annual Report 2010-11.











YES YES

YES YES


Annual Compliance.

YES NA

YES YES

YES YES

YES YES

YES YES

A report on Corporate Governance will form part of the Annual Report for the year ended March 31, 2010.

Auditors Certificate on Corporate Governance will form part of the Annual Report for the year ended March 31, 2010.

Will be given in Next Annual Report. The Company was listed on Stock Exchanges on 16th August, 2010 and compliance under these clauses will be done in next Annual Report.



YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

Yes

YES YES







Certificate incorporated in the Annual Report 2009-2010.



YES YES

YES YES

- -

YES YES

YES YES

YES YES

YES YESComplied with Complied with

YES YES

YES YES











YES YES

YES YES

YES YES

YES YES

YES YES

The 'Report on Corporate Governance' forms part of the Annual Report of the Company for the Financial year 2009-10.

The Certificate from the statutory auditors of the Company forms part of the Annual Report of the Company for the Financial year 2009-10.



YES YES

YES NANil NilYES YES

YES YES

YES YES

49(VI) (i) Compliance required at the time of next Annual Report. Will be complied in the next Annual report.

Compliance required at the time of next Annual Report. Will be complied in the next Annual report.



YES YES

YES YES

YES YES

YES YES

This has been complied with in the year 2009-10 and will be complied in the next Annual Report for the year 2010-11 also.

This has been complied in the Annual Report for the year 2009-10 and will be complied in the next Annual Report for the year 2010-11 also.

Annual Report for the year ended on 31st December, 2009 contains the report.

For the Financial year 2009-10, it has been duly annexed in the Annual Report and for the Financial Year 2010-11, will be complied with at the time of next Annual Report.

For the Financial year 2009-10, it has been duly annexed in the Annual Report and for the Financial Year 2010-11, will be complied with at the time of next Annual Report.

YES YES

YES YES

YES YES







YES YES

YES YES

YES YES

YES YES

Report on Corporate Governance in Annual report included in the Annual Report 2000-01 and continued thereafter. This has been complied with in the the Annual report for 2009-10 and the same will be included in the next Annual report.

This has been complied with in the Annual report for 2009-10 and the same will be included in the next Annual report.



YES YES

YES YES

YES YES

YES YES



"will be complied in the next Annual Report"



YES YES

- -

YES YES

YES YES

YES YES

YES YES

YES YES







Annual Report for the year ended 31st March 2010 contains the Report on Corporate Governance pursuant to clause 49 and will be ensured for compliance for future years.

Annual Report for the year ended 31st March 2010 contains required Certificate and a disclosure with regard to the level of compliance and will be ensured for compliance for future years.




At the time of AGM.

At the time of AGM.

YES YES

YES YES

Complied Complied

YES YES

YES YES

YES YES

YES YES

YES YES



YES NO

YES YES

YES YES

YES YES

YES YES




YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES -

YES YES


Certificate from practicing Company Secretary is enclosed.

However, 49 (VI) (i) is being complied in the Annual Report for the respective financial year.


YES YES

YES YES

YES YES

Detailed section on Corporate Governance is included in the Annual Report as on 31.03.2010. Hence complied with.

Complied with. Certificate obtained from Auditors as on 31.03.2010 is also placed on the website of the Bank.



YES YES

YES YES

YES YES



Report on Corporate Governance Included in the 53rd Annual Report of the Company.

Compliance Included in the 53rd Annual Report of the Company.

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES






YES YES

YES YES

Annual Corporate Governance report already forms part of Annual Report. The report in revised format for 2005/06 takes care of new requirements. Quarterly compliance reports are regularly submitted to Stock Exchanges.

Auditors' certificate on Compliance of the condition of corporate governance is included in the Annual Report.


YES YES

YES YES

YES YES


YES YES

YES YES



YES YES

YES YES

NA NA

YES YES

Will be complied in the next Annual Report. Quarterly Compliance Report submitted to the Stock Exchanges.




Report on Corporate Governance would be be included in the Annual Report for the financial year 2010-11 which would be the first Annual Report of the Company post listing.

Compliance Certificate would be included in the Annual Report for the financial year 2010-11 which would be the first Annual Report of the Company post listing.

Duly Complied.

YES YES

YES YES

YES YES

YES YES

YES NO

YES YES

YES YES

YES YES

YES YES

Corporate Governance Report is forming the part of the Director's Report in the Annual report 2009-10.










YES YES

YES YES

YES -

YES YES




YES YES

- YES

YES YES

Report on Corporate Governance forms part of the Annual Report of the Company for the year ended 31st December 2009

Certificate of the Auditors on compliance of the conditions of Corporate Governance has been annexed to the Annual Report of the Company for the year ended December 31, 2009.


YES YES

YES YES

YES YES

Report on Corporate Governance form part of the Annual Report of the Company.

Certificate from the auditors regarding compliance of condition of Corporate Governance has been attached with the Annual Report of the Company.

Complied on AGM dt. 29.07.2010.

Complied on AGM dt. 29.07.2010.

YES YES

YES YES

NA NA

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

A detailed Report on Corporate Governance under revised format will be published in the Annual Report.





YES YES

YES YES

YES YES

YES YES

YES YES

YES NO

YES YES

YES YES

YES YES

Relevant terms complied in the Annual Report 2009-10. Relevant terms will be Complied in the Annual Report for 2010-11.

Complied in the Annual Report 2009-10. Will be complied in the Annual Report for 2010-11.










NA NA

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES







YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

A separate report on the Corporate Governance formed part of the Annual Report for the year ended on March 31, 2010.

Certificate to this effect is enclosed in the Annual Report for the year ended on March 31, 2010.







Certificate from the Auditor will be obtained at the time of next Annual Report for 2010-11.

YES YES

YES YES

YES YES

YES YES

YES YES





Forms part of the Annual Report for the year 2010.

Forms part of the Corporate Governance in the Annual Report for the year 2010.

YES YES

YES YES

YES YES

YES YES



YES YES

YES YES

YES YES

YES YES

YES YES

Report on Corporate Governance is already forming a part of the Annual Accounts of the company. Revised quarterly compliance report already submitted to the stock exchanges.

Compliance certificate obtained from the statutory auditors of the company which accompany the Annual accounts of the company.



Annually Reported

Annually Reported

YES YES

YES YES

YES YES

YES YES

YES YES







YES YES

YES YES

Has been complied with in the Annual Report of 2009-10 and shall continued to be complied with in future too.

Has been complied with in the Annual Report of 2009-10 and shall continued to be complied with in future too.

Report on Corporate Governance is already forming a part of the Annual Accounts of the Company. Quarterly Compliance are submitted to the stock exchanges.

Compliance Certificate obtained from the statutory auditors of the Company which accompany the Annual Accounts of the Company sent to the shareholders.

YES YES

YES NA

YES YES

YES YES

YES YES

YES YES

YES YES

Will be complied with the next Annual Report for the Financial Year 2010-11.

Will be complied with at the AGM for the year 2010-11.



Certificate of compliance will be obtained at the time of Annual Report.



YES YES

YES YES

YES YES

YES YES

Report on Corporate Governance has been published in the Annual Report for the financial year ended on 30th September, 2009. Report on Corporate Governance shall form part of Annual Report for the accounting year ending on 31st December 2010.

Compliance Certificate on Corporate Governance obtained from the Statutory Auditors of the Company has been published as part of Directors' Report for the Financial Year ended on 30th September 2009. Compliance Certificate on Corporate Governance obtained from the Statutory Auditors of the Company shall be published as part of Directors' Report for the accounting Year ending on 31st December 2010.

The disclosure will be made in the Annual Report of the Company for the year 2010-11.

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

Separate section on Corporate Governance as stated in sub clause (i) of Clause VI was included in the Annual Report of the Company for the year ended March 31, 2010 which was duly adopted by the shareholders at the Annual General Meeting held on august 04, 2010. Quarterly compliance Report to stock Exchanges as stated in sub clause (ii) of Clause VI is being filed by the Company in the prescribed format duly signed by the Compliance Officer / chief Executive Officer, with all the stock Exchanges

Certificate from the Auditors of the Company regarding compliance of conditions of Corporate Governance as stipulated in Clause 49 of the listing agreement was annexed with Directors report included in the Annual report of the company for the year ended 31 March 2010 which was duly adopted by the shareholders at the Annual General Meeting held on August 04, 2010. A copy of the said certificate was forwarded to Bombay Stock Exchange Limited and National Stock Exchange of India Limited.

YES YES

- -

YES YES

A detailed compliance report on Corporate Governance is included in the Annual Report 2009-10. Further, Corporate Governance Report for every quarter is sent to Stock Exchanges.

The Company has obtained a certificate on compliance of conditions of corporate governance for the year 2009-10 from the statutory auditors M/s. Deloitte Haskins & Sells, Chartered Accountants and the same is included in the Annual Report 2009-10.



YES YES

Report on Corporate Governance has been published in the Annual Report of the Company for the financial year ended on 30th September 2009. Report on Corporate Governance shall form part of Annual report for the accounting year ending on 31st December, 2010.

Compliance Certificate on Corporate Governance obtained from the Statutory Auditors of the Company has been published as a part of Directors' Report for the Financial Year ended on September 30, 2009.. Compliance Certificate on Corporate Governance obtained from the Statutory Auditors of the Company shall be published as part of directors report for the accounting year ending on 31st December, 2010.

Complied

YES YES

YES YES

YES YES

YES YES

YES YES

Complied. Mandatory and Non-mandatory requirements not adopted by the Bank has highlighted in the Annual Report.





YES YES

YES YES

YES YES

YES YES

YES YES

The Corporate Governance Report has been published in a separate section in Annual Report for the Financial Year 2009-10. A quarterly Compliance Report on the Corporate Governance for the quarter ended on the 30th September 2010 was sent to Stock Exchanges on 13th October 2010.

The certification by the statutory Auditor on compliance of condition of Corporate Governance has been included in Annual Report for the Financial year 2009-10.

49 (VI) complied in the Annual Report of F.Y. 2009-10.

49 (VII) complied in the Annual Report of F.Y. 2009-10.

YES YES



YES YES

YES YES

The Annual Report of the Company has a separate section on Corporate Governance, with a detailed compliance report on Corporate Governance.

The Company has obtained certificate from the Statutory Auditors regarding compliance of the conditions of Corporate Governance as stipulated under this clause. The disclosure of the compliance has been made in the section on Corporate Governance of the Annual Report.

Clause (1) was being reported in the Annual Report for the year ended March 31, 2010 and Clause (2) is being complied through this report.


YES YES

YES YES

YES YES

YES YES

YES YES

YES YES

A Report on corporate governance will be furnished in the Annual Report for the year 2010-11.

A Compliance Certificate on Corporate Governance certified by the Auditors of the company will be annexed to the Annual Report for the year 2010-11.



Kindly refer to the Corporate Governance Report in the Annual Report 2009-10 of Company for further details.

Kindly refer to the Corporate Governance Report in the Annual Report 2009-10 of Company for further details.

Report on Corporate Governance forms part of the Annual Report.

YES YES

YES YES

YES YES

YES YES



YES YES

YES YES

YES YES

YES YES

YES -

YES YESNIL NILNA NA




Will be complying in next Annual Report.

YES YES

YES YES

YES YES

Details required to be included in Annual Report were included in the Annual report, which was approved by 25th Annual General Meeting held on August 31, 2010.

Details required to be included in Annual Report were included in the Annual report, which was approved by 25th Annual General Meeting held on August 31, 2010.

Will be Included in the Annual Report 2010.

Will be Included in the Annual Report 2010.

YES YES

YES YES

YES YES

YES YES

Report on corporate governance included in the Annual Report for the approval by the shareholders 49th AGM of the company held on 19.07.2010

Compliances included in the annual report for the approval by the shareholders in the 49th AGM of the company held on 19.07.2010

2009-2010: A detailed report on Corporate Governance has been included in the Annual Report of the Company for year ended March 31, 2010. 2010-2011 - will be complied with in the Annual Report 2010-2011.


YES YES

YES YES

The Annual Report of the Company for year 2009-10 contains a separate section on Corporate Governance. For quarter ended July 01, 2010 to September 30, 2010 the compliance report was sent on October 15, 2010.

We have obtained the certificate and Corporate Governance Report in the Annual Report of the Company for the year 2009-2010 sent to shareholders contains a certificate to this effect.Corporate Governance report in the annual report of the Company for the year 2009-10 complies with this requirement.


- -

YES YES

YES YES

YES YES

YES YES

YES YES







YES YES

YES YES

YES YES

YES YES

Report on Corporate Governance for the financial year 2010-11 forms part of the Annual Report for 2010-2011.

The certificate regarding compliance of conditions of Corporate Governance for the financial year 2010-11 will form part of the Annual Report for 2010-11.




YES YES

YES YES

YES YES

YES YES

YES YES





All provisions of new Clause 49 have been complied with.




All provisions of new Clause 49 have been complied with.

The Report on Corporate Governance shall form part of Annual Report for the Financial year 2010-11.

A certificate from the Practising Company Secretary shall be obtained and shall form part of the Annual Report for the Financial Year 2010-11.

YES YES

YES YES

YES YES

YES YES

YES YES

YES YES



As regards clause 49 VI (i) the Report will form part of the Annual Report 2010-2011. As regards clause 49 VI (ii) the Compliance Status Report with the Stock Exchanges within the prescribed time limits.

Certificate confirming compliance with the mandatory requirements under Clause 49 will be obtained from the Auditors of the Company and tabled at the Board Meeting to be held for approving the Audited Annual Accounts of the Company. Disclosure regarding compliance with the mandatory requirements and adoption / non-adoption of non-mandatory requirements will be made in the Annual Report 2010-2011.

Complied in the Annual Report 2009-10 for the financial year ended 31.03.2010

Complied in the Annual Report 2009-10 for the financial year ended 31.03.2010



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