Quarterly Compliance Report on Corporate Governance
For the Quarter ended 31st December, 2011

  Particulars Clause of Listing Agreement Compliance Status
Yes / No
I. Board of Directors 49 I    
(A) Composition of Board 49 (I A) Yes  
(B) Non-executive Director’s compensation & disclosures 49 (I B) Yes  
(C) Other provision as to Board and Committees 49 (I C) Yes  
(D) Code of Conduct 49 (I D) Yes  
II. Audit Committee 49 (II)    
(A) Qualified & Independent Audit Committee 49 (II A) Yes  
(B) Meeting of Audit Committee 49 (II B) Yes  
(C) Power of Audit Committee 49 (II C) Yes  
(D) Role of Audit Committee 49 (II D) Yes  
(E) Review of Information by Audit Committee 49 (II E) Yes  
III. Subsidiary Companies 49 (III) Not  Applicable  
IV. Disclosures 49 (IV)    
(A) Basis of related party transactions 49 (IV A) Not Applicable  
(B) Disclosure of Accounting Treatment 49 (IV B) Yes  
(C) Board Disclosures 49 (IV C) Yes  
(D) Proceeds from public issues, right issues, preferential issues etc. 49 (IV D) Yes  
(E) Remuneration of Directors 49 (IV E) Yes  
(F) Management 49 (IV F) Yes  
(G) Shareholders 49 (IV G) Yes  
V. CEO / CFO Certification 49 (V) Yes  
VI. Report on Corporate Governance 49 (VI) Yes Will be complied in the Annual Report
VII. Compliance 49 (VII) Yes Will be complied in the Annual Report