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Shaping the future of software driven business
Report on Corporate Governance • 153
Your Company respects the privacy and choices of an individuals and is committed to protect the data it processes which
may be a data of employees, data of clients or other stakeholders from European Union. Your Company designs all policies,
procedures and systems that follow Privacy by Design principles. Your Company has assessed alignment of its processes and
policies with respect to GDPR requirements through an external subject matter expert and has taken concrete steps to protect
rights of individuals under GDPR.
K. Details of non-compliance
Details of non-compliance by the Company, penalties and strictures imposed on the Company by stock exchanges, SEBI or any
statutory authority, on any matter related to the capital markets, during the year from April 1, 2018 to March 31, 2019 – NIL.
The Company has complied and disclosed all the mandatory requirements under the Listing Regulations.
L. Remuneration to the Directors of the Company
Information relating to the remuneration to the Directors during the financial year 2018-19 has been provided under the details
of the Compensation and Remuneration Committee under this report.
8. Management Discussion and Analysis
As required by Regulation 34(2)(e) of Listing Regulations, the Management Discussion and Analysis is provided elsewhere in
the Annual Report.
9. Corporate Social Responsibility Report
A Report on the Corporate Social Responsibility (CSR) Initiatives of the Company has been provided elsewhere in the
Annual Report.
10. Shareholders’ Information
A. Means of Communication
The Company constantly communicates to the institutional investors about the operations and financial results of the Company.
Besides publishing the abridged financial results in one national and one regional daily newspaper respectively, as per
Regulation 46 of the Listing Regulations, the complete audited financial statements are published on the Company’s website
) at under ‘Investors’ section. The transcripts of
call with analysts are also available on the Company’s website.
The Company uses a wide array of communication tools including face-to-face, online and offline channels to ensure that
information reaches all the stakeholders in their preferred medium.
The table below gives the snapshot of the communication channels used by the Company to communicate with its stakeholders:
Particulars Board
Meetings
Shareholders
Meetings
Formal
Notices
Website
Information
Press / Web
Release
E-mails Annual
Reports
Newspaper
Board of Directors √ √ √ √ √ √ √ √
Shareholders - √ √ √ √ - √ √
Employees - - - √ √ √ √ √
Financial Analysts - - - √ √ √ √ √
General Public - - - √ √ - - √
Frequency Quarterly Annually Ongoing Ongoing Ongoing Ongoing Ongoing Ongoing
Details of newspapers where Quarterly Results of the Company were published:
Publication of Financial Results in Newspapers
Publication of the Financial
Results for the Quarter ended
June 30, 2018 September 30, 2018 December 31, 2018 March 31, 2019
English Date of Publication July 29, 2018 October 21, 2018 January 28, 2019 April 29, 2019
Newspapers The Financial Express
(All India editions)
The Financial Express
(All India editions)
The Financial Express
(All India editions)
The Financial Express
(All India editions)
Marathi Date of Publication July 29, 2018 October 21, 2018 January 28, 2019 April 29, 2019
Newspapers Loksatta (Pune edition) Loksatta (Pune edition) Loksatta (Pune edition) Loksatta (Pune edition)