27 Apr 2017 | Livemint.com

BSE
NSE
Last Updated:

BSE

  • (%)
  • Vol:
  • BSE Code:
  • PREV. CLOSE
  • OPEN PRICE
  • BID PRICE (QTY.)
    ()
  • OFFER PRICE (QTY.)
    ()

NSE

  • (%)
  • Vol:
  • NSE Code:
  • PREV. CLOSE
  • OPEN PRICE
  • BID PRICE (QTY.)
    ()
  • OFFER PRICE (QTY.)
    ()

Premier Industries (India) Ltd. Accounting Policy

CORPORATE GOVERNANCE REPORT:

The corporate vision is to become a highly efficient, competent and qualitative manufacturing, trading and exporting house by utilising best resources both in the domestic market as well as in the overseas market.

The governance is excercised as per best practice by following bodies:-

a) Board of Directors:- composition Name Status

Rajesh Agrawal: Chairman

R.G.Agrawal: Non-Executive- Independent Director

M .S. Bidasaria: Non - Executive - Independent Director

S. J.Gaware: Nominee Director (Canara Bank)

b) Audit Committee - Composition

R.G.Agrawal: Chairman

Rajesh Agrawal: Member

c) Shareholders / Investors Grievance Committee - Composition

R.G.Agrawal: Chairman

Rajesh Agrawal: Member

Highlights of corporate governance matter are as follows:-

i) The AGM for the year 2010-11 was held at the registered office on 30/09/2011.

ii) The quarterly results for the year 2011-12 were reported in time during last week of subsequent months.

iii) Secretarial Audit reports of a qualified practicing Company Secretary were submitted to the exchange in time.

iv) The company has resolved shareholders queries / complaints received during the year.

Code of Conduct

The Company has adopted a Code of Conduct for Direc­tors and Senior Management. It is the responsibility of all employees and Directors to familiarise themselves with the Code and comply with the same. The Code includes provisions where the employees of the Company can voice their concerns on violation and potential violation of the Code in a responsible and effective manner.

For Premier Industries (India) Ltd.

Rajesh Agrawal

CHAIRMAN

Place: INDORE

Date: 31/05/2012