Bangli laid caxc veido

24-Jun-2018 20:07

Kesh King overcame its post-acquisition teething problems and started performing as per expectation and increased the market share. 531 crores and introduced further variants/ new launches.

While the domestic business has grown by 19.5%, international business has also achieved remarkable growth of 15% despite high currency fluctuations and low consumer offtake in focussed markets like CIS & many African regions. Steps were taken to increase coverage in general trade and penetration in the modern trade.

Your Company''s Internal Audit Department and Risk Management System have been accredited with ISO 9008 and ISO 31009 certifications, respectively. Internal financial control The Company has in place adequate financial controls commensurate with its size, scale and complexity of its operations. The Nomination and Remuneration Committee of the Company has laid down parameters for performance evaluation in the policy, they include: -Attendance - Preparedness for the meeting - Staying updated on developments - Active participation in meetings - Constructive contributions/ positive attributes - Engaging with and challenging management team without being confrontational or obstructive - Speaking one''s mind and being objective - Protection of stakeholder interests - Contribution to strategic planning - Carrying out responsibilities as per the Code of Conduct The process of evaluation is carried out in accordance with the Board Evaluation Policy of the Company. The Policy on Vigil Mechanism may be accessed on the company''s website at: pdf/Whistle Blower Policy Emami. The remuneration policy seeks to employ people who not only fulfill the eligibility criteria but also have the attributes needed to fit into the corporate culture of the Company.

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Emami Bangladesh Ltd., wholly-owned subsidiary of Emami Limited ii. Pursuant to the provisions of Section 129(3) of Companies Act, 2013, a separate statement containing the salient features of the subsidiary companies in the prescribed form AOC#l is a part of the consolidated financial statements. The maximum time gap between any two meetings was less than 120 days as stipulated under SEBI''s Listing Obligations and Disclosure Requirements, 2015. Trivedi was elected as the Lead Independent Director of the Company. The remuneration policy is consistent with the ''pay-for-performance'' principle. Related party transactions All related party transactions entered into by the Company during the financial year were at arm''s length.There is zero-tolerance towards sexual harassment and any act of sexual harassment invites serious disciplinary action.The Company has established a policy against Sexual Harassment for its employees.Pharma Derm S A E Co, Egypt, 90.60% subsidiary of Emami Overseas FZE v. Ltd., Australia, 66.67% subsidiary of Emami International FZE vi. Brief financials and operations of subsidiary companies are given hereunder: Emami Bangladesh Ltd. Emami International FZE Emami International FZE, a wholly-owned subsidiary of Emami Limited, was incorporated on November 12, 2005 in the Hamriyah Free Zone, Sharjah, the UAE and is governed by the rules and regulations laid down by the Hamriyah Free Zone Authority. All related party transactions were placed in the meetings of Audit Committee and the Board of Directors for the necessary review and approval.Greenlab Organics Ltd., Australia, a subsidiary of Fravin Pty. Emami Bangladesh Ltd., a wholly- owned subsidiary of Emami Limited, was incorporated on November 25, 2004 under the Companies Act of Bangladesh. It is engaged in the business of purchasing and selling cosmetics and ayurvedic medicines. Your Company''s policy on related party transactions, as approved by the Board, can be accessed at: investorinfo/pdf/ The Company has developed and adopted relevant SOPs for the purpose of monitoring and controlling such transactions. Particulars of loans, guarantees and investments Particulars of loans, guarantees and investments made by the Company pursuant to Section 186 of the Companies Act 2013 are given in the notes to Financial Statements. Particulars of employees and managerial remuneration The information of employees, as required under Rule 5 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules 2014, and other details are annexed herewith and forms part of this report. Management discussion and analysis and Corporate Governance Report Regulation 34(3) read with Schedule V of the SEBI (LODR) Regulations 2015, Management Discussion Analysis, Corporate Governance Practices followed by your Company, together with a certificate from the Company''s auditors confirming compliance are an integral part of this report. Risk management system The Company has developed and implemented a risk management policy which is periodically reviewed by the Management.

Emami Bangladesh Ltd., wholly-owned subsidiary of Emami Limited ii. Pursuant to the provisions of Section 129(3) of Companies Act, 2013, a separate statement containing the salient features of the subsidiary companies in the prescribed form AOC#l is a part of the consolidated financial statements. The maximum time gap between any two meetings was less than 120 days as stipulated under SEBI''s Listing Obligations and Disclosure Requirements, 2015. Trivedi was elected as the Lead Independent Director of the Company. The remuneration policy is consistent with the ''pay-for-performance'' principle. Related party transactions All related party transactions entered into by the Company during the financial year were at arm''s length.There is zero-tolerance towards sexual harassment and any act of sexual harassment invites serious disciplinary action.The Company has established a policy against Sexual Harassment for its employees.Pharma Derm S A E Co, Egypt, 90.60% subsidiary of Emami Overseas FZE v. Ltd., Australia, 66.67% subsidiary of Emami International FZE vi. Brief financials and operations of subsidiary companies are given hereunder: Emami Bangladesh Ltd. Emami International FZE Emami International FZE, a wholly-owned subsidiary of Emami Limited, was incorporated on November 12, 2005 in the Hamriyah Free Zone, Sharjah, the UAE and is governed by the rules and regulations laid down by the Hamriyah Free Zone Authority. All related party transactions were placed in the meetings of Audit Committee and the Board of Directors for the necessary review and approval.Greenlab Organics Ltd., Australia, a subsidiary of Fravin Pty. Emami Bangladesh Ltd., a wholly- owned subsidiary of Emami Limited, was incorporated on November 25, 2004 under the Companies Act of Bangladesh. It is engaged in the business of purchasing and selling cosmetics and ayurvedic medicines. Your Company''s policy on related party transactions, as approved by the Board, can be accessed at: investorinfo/pdf/ The Company has developed and adopted relevant SOPs for the purpose of monitoring and controlling such transactions. Particulars of loans, guarantees and investments Particulars of loans, guarantees and investments made by the Company pursuant to Section 186 of the Companies Act 2013 are given in the notes to Financial Statements. Particulars of employees and managerial remuneration The information of employees, as required under Rule 5 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules 2014, and other details are annexed herewith and forms part of this report. Management discussion and analysis and Corporate Governance Report Regulation 34(3) read with Schedule V of the SEBI (LODR) Regulations 2015, Management Discussion Analysis, Corporate Governance Practices followed by your Company, together with a certificate from the Company''s auditors confirming compliance are an integral part of this report. Risk management system The Company has developed and implemented a risk management policy which is periodically reviewed by the Management.A summary of all significant findings by the audit department along with the follow-up actions thereafter is placed before the Audit Committee for review. The Directors are also updated on the changes in relevant corporate laws relating to their roles and responsibilities as Directors.