Compliance Report on Corporate Governance for the quarter ended 31.03.2005
Name of the Company : Universal
Starch Chem Allied Ltd.
Quarter ending on :
31.03.2005
Scrip No. 524408
Particulars
Clause of
Listing Agreement
Compliance Status
(Yes / No.)
Remarks
Board of
Directors
49
I
Yes
Non Executive
Directors constitute more than 50% of the Board of Directors of
the company. Chairman is Executive and more than half of the
Board comprises of Independent Directors
Audit Committee
49 II
Yes
Meets atleast
once in a quarter and also for audited accounts.
Shareholders /
Investors Grievance Committee
49 VI (C)
Yes
-
Remuneration of
Directors
49 III
Yes
Will be included
as part of Corporate Governance Report in the Annual Report for
the year 2004-05.
Board of
Directors
49 IV
Yes
-
Management
49 V
Yes
Will be included
as part of Corporate Governance Report in the Annual Report for
the year 2004-05.
Shareholders
49 VI
Yes
Will be included
as part of Corporate Governance Report in the Annual Report for
the year 2004-05.
Report of
Corporate Governance
49 VII
Yes
Will be included
as part of Corporate Governance Report in the Annual Report for
the year 2004-05.
