Necessary resolution for ratification of appointment of the said Auditors is included in the Notice of AGM for seeking approval of the members. Deposits The Company has not accepted deposit from the public falling within the ambit of Section 73 of the Companies Act, "the Act" and the Companies Acceptance of Deposits Rules, The audited financial statement drawn up both on standalone and consolidated basis for the financial year ended March 31,in accordance with the requirements of the above said Rules.
The performance and financial position of the subsidiary companies and associate companies are included in the consolidated financial statement of the Company and presented in the Management Discussion and Analysis Report forming part of this Annual Report. Manjari Kacker as members. The Scheme is also approved by the Department of Telecommunications, subject to fulfillment of certain conditions.
The policy on the above is attached as Annexure B. The Nomination and Remuneration Committee has also reviewed the performance of the individual directors based on their knowledge, level of preparation and effective participation in Meetings, understanding of their roles as directors etc.
The Board performance was evaluated based on inputs received from all the Directors after considering criteria such as Board composition and structure, effectiveness of processes and information provided to the Board etc. The Scheme would be made effective only upon receiving the approval of the DoT.
A brief resume of Smt. The details of programme for familiarization of Independent Directors with the Company, nature of the industry in which the Company operates and related matters are put up on the website of the Company at the link http: Evaluation of Directors, Board and Committees The Company has devised a policy for performance evaluation of the individual directors, Board and its Committees, which includes criteria for performance evaluation.
The observations and comments given by the Auditors in their report read together with notes on financial statements are self explanatory and hence do not call for any further comments under Section of the Act.
Financial Performance During the year under review, your Company has earned income of Rs, 9, crore against Rs, 10, crore in the previous year. These strategic business units are supported by passive infrastructure connected to nationwide backbone of Optic Fibre Network as well as fully integrated network operation system and by the largest retail distribution and customer services.
There were no materially significant related party transactions made by the Company with Promoters, Directors, Key Managerial Personnel or other designated persons, which may have a potential conflict with the interest of the Company at large.
In terms of the provisions of the Act, Smt. However, their appointment as Statutory Auditors of the Company shall be required to be ratified by the Members at the ensuing Annual General Meeting.
The transactions entered into pursuant to the omnibus approval so granted were reviewed and statements giving details of all related party transactions were placed before the Audit Committee for their approval on a quarterly basis.
The Company has applied to the Department of Telecommunications DoT for its approval to the Scheme, which is condition precedent before giving effect to the Scheme.
The performance and financial position of the major subsidiary companies are presented in Management Discussion and Analysis Report forming part of this Annual Report. India Operations and Global Operations. Directors The Company has received declarations from all the Independent Directors of the Company confirming that they meet the criteria of independence as prescribed under the Act and Listing Regulations.
September 30, 6. The Company has also received approval of the Competition Commission of India. During the year, all the recommendations made by the Audit Committee were accepted by the Board.
Pursuant to the provisions of the Act and Regulation 17 10 of Listing Regulations, the Board has carried out an annual performance evaluation of its own performance, the individual directors as well as the evaluation of working of the Committees of the Board.
For expeditious closure of the strategic transactions Schemes of Arrangement as mentioned above, your Company had submitted an overall debt resolution plan to the lenders.A Case Study Of Reliance Communication Marketing Essay. Print Reference this Rated among “Asia’s Top 5 Most Valuable Telecom Companies”, Reliance Communications is India’s foremost and truly integrated telecommunications service provider.
CONCLUSION: Reliance communications mainly focus on to provide the best services.
Reliance Communications Director Information - Get the latest information about Directors of Reliance Communications on The Economic Times The Lenders of Reliance Telecom Limited, a wholly owned subsidiary and Reliance Infratel Limited, a subsidiary company, have also invoked the Strategic Debt Restructuring (SDR) plan with.
Financial Statement Analysis of Reliance communication Page 3 1. Introduction (A) Industry The history of Indian telecom can be started with the introduction of telegraph. Reliance Communications (stylised as RCom) is a telecommunication company headquartered in Navi Mumbai, India.
Reliance Telecom Limited (RTL) operates in Madhya Pradesh, West Bengal, Himachal Pradesh, Odisha, Bihar, Assam and northeastern India, and first offered GSM in January Project report on reliance My Project report is one of the events which will be ever green in my killarney10mile.com I have been placed in RELIANCE COMMUNICATION LIMITED.
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