Dear Sir, Sub: Revised Corporate Governance Report For the quarter ended 3 I Clause 49 of listing Agreement.

Transcription

1 KEMl STAR CN No. : L24233GJ1994PLC , Manas Complex, Jodhpur Cross Road, Satellite, Ahmedabad , Gujarat, ndia. Ph : kemistarbse@gmail.com DATE: 13/01/2016 m To, The Manager (Listing), The Stock Exchange Mumbai C/o Corporate Relation department, lst Floor, new Trading Ring, Rotunda Building, P J Towers, Dalal Street, Fort, Mumbai Dear Sir, Sub: Revised Corporate Governance Report For the quarter ended Clause 49 of listing Agreement. Ref: Code No. 5s 1163 With reference to above subject matter we are enclosing Kevised Corporate Governance fhl- Q\~al-tr~.v Report for the quarter ended undel clausc +9 of Listing iigl.ce~nc~~r CP Kindly acknowledge the receipt of same. * Yours Faithfully, FOR, KE TAR RPORATON LTD. DRECTOR/AUTHORZED SGNATORY

2 .. KEMl STAR CN No. : L24233GJ1994PLC , Manas Complex, Jodhpur Cross Road, Satellite, Ahmedabad , Gujarat, ndia. Ph : kemistarbse@gmail.com Format to be submitted by listed entitv on quarterlv basis 1 Name of Listed Entity : KEMSTAR CORPORATON LMTED P Quarter ending : 3 1/ 19/9015 (3rd Quarter). Composition of Board of Directors Number of Title Category - No of memberships Directorshipi in No of post of n listed AuditStakeh Chairperson Date of entities older inaudit/stake Appointment including this Comn~ittre(s) holdcr Name the PAN & inthecurrent Tennure* listed entity including this Committee (M~. Director DN Executive/Non- (Refer listed entity held in listed /Ms) Executivelindepen cesstion Rrg~~lation ( Rrfcr entity (Rrfi.1. dent/nominee) & 45(l)of Regulation Regulation Listing 96(l) of 96(l) of listing) Regulations) Listing Regl~lario~i*),.-., Mr. Ketankurnar Patel Managing Director O/(i/2tx)ri 10 year 1 Mr Mr Vasantbhai Babubhai Savalia Maheshku~nar Kanani O'294.')(j96 Director O/(~/~O(JU lo year 1 ndependent Director --. ~ ~... ~ ~ 00'290 1 fi9 l ~ / O l ~ ~ O l ~ 1. vtaal NonExecuti\.e Mrs. Nayanaben Mrs i lndependent 9 /OS/.JO.~!) 111ont1 1 Atulkumar Pate1 Director $PAN number ofany director would not be displayed on the website of'stock Exchange &Category of directors means exrcuti\.r/nonexecutive/independent/nominee. if a director tits into more than one category write all categories separating them with hyphen * to be filled only for lndependent Director. Tenure would mean total period fiwm which ndependent director is serving on k,srd of' directors oftlie listed entity in continuity without any cooling off pt.rio<l. P 11. Comvosition of Committees,~ 5 Name of Committee Name of Category (Chairperson/Executive/Non- Committee members Executive/independent/Nominee) $

3 111. Meeting of Board of Directors. Date(s) ofmeeting (if any) in the previous quarter s 1Jul Aug-15 - V. Meeting of Committees Date(s) of Meeting (if any) in the rele van r quarter 5-Oct Oct Dec- 15 Maximum gap between any two c0nseclltjv~ (in number of days) %)days gsdays.b-b clays Date(s) of meeting of the committee in the relevant quarter Audit Committee Whether requiren~ent of Quorum met (details) 5-Oct Oct Dec-15 Nomination & Remuneration Committee Date0 ofmeeting of the committee in the previol~s gnarter 3 1-Jul Aug-15 - hfaxin~~~rn gall between anv two consecutive meetings in number of days *.'%!) <:JS 2s Jays 5-Oct Jul days 3 1-oct- 15 "L-khg ; days 15-Dec days Stakeholders Relationship Committee 5-Oct Oct Dec- 15 S 1-Jul Aug days as days -k cln\.s *This information has to be mandatorily be given for audit committee, for rest of the committees giving this information is optional +,k days

4 V. Related Party Transactions Subject Cbrr~pliance status (/No/N4''t' "'"L " "" whether prior approval ot'audrt con1rn1ttc.c ol)t;i~r~~i \ ec lwhether shareholder approval obtained for material llpt Whether details of RPT entered into pursuant to oninit~us approval have been reviewed by Audit Colrlrliittcc Note: n the column "Compliance Status': compliance or non-corrlpliancc ma-, he indicateti br, /No/N.A.. For example, if the Board has been composed ir~ accordar~ce rvitl] t/le requirements of Listing Regulations, "" may be indicated. Similarfv, in case the Listed 1 Entity has no related party transactio~~s, the words "N.A."may be i~lclicat e f status is "No" details of non-compliance may be given here V. Affirmations, The composition of Board of Directors is in terms of SEB (Listing obligations ancl clisc:losut.e tbd. requirements) Regulations, The composition of the following committees is in terms of SEB(Listing obligations and disc*los~~re ' requirements) Regulations, a. Audit Committee b. Nomination & rcmuncratio~~ comn~ittec c. Stakeholders relationship committee d. Risk management committee (applicable to the top 100 listed entities) The committee members have been made aware of their powers, role and responsibilities as spcctfic~d in SEB (Listing obligations and disclosure requirements) Regulations, The meetings of the board of directors and the al,ove committees have bec.11 colidc~~.ic~i 111 L ~ (. iri;lriricar * as specified in SEB (Listing obligations and disclosure requirements) Reg~ilations. 20 :,. This report and/or the report submitted in the previous quarter has been placed before Board of Directors. Any comments/observations/ad\~ice of Board of Directors rnav t)cl n~cantinnc~l hcrc. Lame & Designation FOR, KEM,~R *PORA,nON LTD. Managing Director ~ote: nformation at Table and 1 above need to be necessarily gi\.en in 1st quarter of each financial veal.. However if there is no change of information in subsequent quarter(s) of'that financial Sear, this inti~rnlation may not be given by Listed entity and instead a statement "same as pre\.ioi~s cluartcr" may bc given.

5 Format to be submitted bv listed entity at the end of the financial vear ANNEXURE 1. Disclosure on website in terms of Listing Regulatious 1 2 s lo s l4 15 Details of business tem Terms and conditions of appointment of independent directors Composition of various committees of bo;ll.d of dil-ectoi-s Code of conduct of board ofdirectors and senior management personnel Details of establishment of \.igil mechanism/ Whistle Blower policy Criteria of rnaliing payments to non-exccu ti\ e dit-ectors Policy on dealing with related party transactions Policy for determining 'material' subsidiaries Details of familiarization programmes irnp:~t.tcbtl to inc1cl)cnccrlt clir.c>i.to~.s Contact information of the designated oflicials of the listed entity who are who are responsible for assisting and handling investor grievances address for grievance redressal and othcr relevant details Financial results Shareholding Details of agreements entered into with the media companics and/or thcir associates New name and the old name of the listed entity Cornplia~rce status ( /No/NA) Y cs )-(,.\ l'es ).r$ N.\ 1.e~ lves j,,.~ J7t5 l,cb Ycs Ycs N :\

6 1 Annual Affirmations Regulation Compliance status Particulars Number (/No/NA) r.c.fir nntc hclo~r. 2 Board composition ;() 3 Meeting of Board of directors 5 Plairs for orderly succession for appointments 17(4) 'rs 6 Code of Conduct 17(5) 'es 7 Fees/compensation 1 '(6) 'es 8 Minimum nformation 1'0) 'es 9 Compliance Certtficate 17(8) ~ ' Y S 10 Risk Assessment &3 Management 17(9) 'es 1 1 Performance Evaluation of ndependent Directors 17(10) 'es 2 Composition of Audit Committee S(]) \'es 1 s Meeting ofaudit Committee ls(e) l'es 14 Composition of nomination & remuneration committee 19(1) 'es 15 Composition of Stakeholder Relatzonship Committee 20(1) (2) 'es 6 Composition and role of risk management cornrnittcr 9 ),(9)7(3)~(4) )'<,s 17 Vigil Mechanism ee 'rs 18 Policy for relatedparty Transaction 2s(l),(5)9(6),(7) & (8) l L ~S Prior or Omnibus approval of Audit Cornnitteo for '111 ~.o/o/(~/ party transactions 9s(e), (3) \'$,, 20 Approval for material related party transactions es(4) 2 1 Composition of Board of Directors of unlisted material Subsidiary 94(1) Y t,s Othr Corporate Governance requirements with respect to 24(9),(3),(4), subsidiary of listed entity (5) & (6) N r\ 23 Maximrrm Tenure Wl) & (9) 24 Meeting of in+en&nt directors es(s) & (4) 25 Familiarization of independent directors 9547),rs 26 Memberships in Committees 96(l) Yc,s 27 Afirtnation with compliance to code of corrduct from members of and Senior management personnel 26(S) 28 Disclosure of Shareholding by Norr-Executive Directors 96(4) 'c~ 29 Policy with respect to Obligations of directors and setlzor. management e6(e) & e6(5) Note 1 n the column "Compliance Status",co~nplia~~cc~ 01. ~ - ~, O ~ ) ~ ~ ~J ~ ~ L w, i ~ t ( l i ~, i ~ )) ~ ~. 1 ~ l ~ 'No ~ 5 N.\ (11 example, if the Board has bee11 cor~~posed in acco~.dat~ccs \c.itll cllr ~,equir.e~~le~~ts olli.\tit~g <rgulatio~ls. "l'es" may be indicated. Similarly, in case the Listed Entity has rlo related party transactions, the \\.o~.tls "N.A."]nay be indicated. e f status is "No" details of non-compliance may be gi\ en lel-e. f the Listed Entity would like to provide any othe~ it~formatior~ the same may be indicated here. s 1111 Affirmations: 1 1 The Listed Entity has approved Material Subsidiary Policy and the Corpo~.ate Go\,cl.tlarlre ~.rqt~il.e~~letlts \+,it11 ~.t=~~)t~rt to subsidiary of Listed Entity ha ~&~~H(RRPO~ATOM mi Name & Designation MRECT@~ 1 ~utwrzed SGNATORY M-. Ketanku~nar patel 1

7 Format to be submitted by listed entitv at the end of 6 months after end of financial vear alonvwith second Quarter report of next financial year Affirmations Board Heading Regulation Number Compliance status ();es/no/naj re&r note below Copy ofthe annual report including balance sheet, profit nttd loss account, directors report, corporate govername report, business responsibility report displayed on website 9 Presence of Chairperson of,4t~rli/ Cowltnitte~,r/ thc :f~~i11tr11 Ge~~ral Meeting Note Presence $Chairperson ofthe rromination and remu~rcrirtiom comtrrittee at the annualgeneral meeting 4 Whether 'Corporate Governance Report" disclosed in Attttual Report l'es c.5 )',,\ Ycs > n the colurnn "Colnpliance Status", compliance or. r~or~-con~l)liance rnay!( irltlic~;~rrtl by l'c.s!no/n.a.. -'01 example, if the Board has been composed in accol.tlance \$ it11 the "N.A." tlax be i~~tfirated.r.ccl~~i~.c,nler~ts of Listing Regulations, "" may be indicated. Sinlila~.ly. ill case the Listed Entity has 110 ~.clate[l party 2 f status is "No" details of non-compliance may be given here. 4@(2) b( l )(d) 3 fthe Listed Entity would like to provide any othc:r infolmation the same may be indicated here. 19(Y) 3+(3) read with para C of Sched~~le V Name & Designation Managing Director