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QUARTERLY COMPLIANCE REPORT ON CORPORATE GOVERNANCE

Regency Ceramics Limited
Quarter ending on 31st March 2012

Particulars Clause of the Listing Agreement Compliance Status
(Yes / No)
Remarks
I. Board of Directors 49 I    
(A) Composition of Board 49 (IA) Yes The Board consists of 8 Directors,
comprising of 2 Executive Directors,
one of them being Promoter Chairman
& Managing Director and 6 Non-
Executive Directors, out of which 4
are Independent Directors.
(B) Non-executive Directors’
compensation & disclosers
49 (IB) Yes Except sitting fee no compensation/fee
was paid to Non-Executive Directors.
(C) Other provisions as to Board and Committees 49 (IC) Yes  
(D) Code of Conduct 49 (ID) Yes Necessary CEO declaration will be
given in the Annual Report
II. Audit Committee 49 (II)    
(A) Qualified & Independent Audit Committee 49 (IIA) Yes The Audit Committee consists of 4
Non-Executive Independent Directors.
(B) Meeting of Audit Committee 49 (IIB) Yes  
(C) Powers of Audit Committee 49 (IIC) Yes  
(D) Role of Audit Committee 49 (IID) Yes  
(E) Review of information by Audit Committee 49 (IIE) Yes  
III. Subsidiary Companies 49 (III) N. A. Not applicable
IV. Disclosures 49 (IV)    
(A) Basis of related party transaction 49 (IVA) Yes  
(B) Disclosure of Accounting Treatment 49 (IVB) Yes  
(C) Board Disclosers 49 (IVC) Yes  
(D) Proceeds from public issues, rights issues, preferential issues etc., 49 (IVD) Yes  
(E) Remuneration of Directors 49 (IVE) Yes Will be disclosed in the Annual Report
(F) Management 49 (IVF) Yes Management Discussion & Analysis Report will form part of the Annual Report
(G) Shareholders 49(IVG) Yes Will be complied in the Annual Report
V. CEO/CFO Certification 49 (V) Yes Will be complied in the Annual Report
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
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