Annual Report 2010-2011 - Gammon India

6. MEANS OF COMMUNICATION :
(a) Financial Results : As required under the Listing Agreement, Quarterly and Half-Yearly results of the Company are
published within forty five days from the end of the respective quarter and the annual audited results are announced
as and when approved by the Board. The financial results are usually published in the Free Press Journal, Navshakti,
Economic times, Business Standard and Sakal.
(b) News Releases, Presentations, etc. : Official news releases, detailed presentations made to media, analysts, institutional
investors, etc. are displayed on the Company’s website viz. www.gammonindia.com. Official announcements are sent
to the Stock Exchanges.
(c) Website : The Company’s corporate website www.gammonindia.com provides information about the Company’s
business. It also contains a separate dedicated section ‘Investor Relations’ where shareholders information is available.
The Annual Report of the Company is also available on the website in a user-friendly and downloadable format.
(d) Annual Report : Annual Report containing, inter alia, Audited Annual Accounts, Consolidated Financial Statements,
Directors’ Report, Auditors’ Report and other important information is circulated to members and others entitled
thereto. The Management Discussion and Analysis (MD&A) Report forms part of the Annual Report.
7. MANDATORY REQUIREMENT:
The Company has complied with all the mandatory requirements of Clause 49 of the Listing Agreement relating to
Corporate Governance.
8. NON-MANDATORY REQUIREMENTS :
(a) Whistle Blower Mechanism :
The Company promotes ethical behaviour in all its business activities and has put in place mechanism of reporting
illegal or unethical behaviour. Employees may report violations of laws, rules, regulations or unethical conduct to
their immediate supervisor/notified person. The Directors and Management Personnel are obligated to maintain
confidentiality of such reporting and ensure that the whistle blowers are not subjected to any discriminatory
practices.
(b) Subsidiary Monitoring Framework :
All the subsidiary companies of the Company are Board managed with their Boards having the rights and obligations to
manage such companies in the best interest of their stakeholders. As a majority shareholder, the Company nominates
its representatives on the Boards of subsidiary companies and monitors the performance of such companies, inter alia,
by means of taking Consolidated Accounts and including all items of the subsidiaries as required under Section 212 of
the Companies Act 1956, except the items which are exempted by the Ministry of Corporate Affairs.
9. GENERAL SHAREHOLDER INFORMATION :
Date, Time and Venue
of the 89th Annual
General Meeting
Financial Calendar for the year
2011-12 (Tentative)
Monday, 26 th day of September, 2011 at 3.00 p.m.
at Ravindra Natya Mandir
(P. L. Deshpande Maharashtra Kala Academy),
Sayani Road, Prabhadevi, Mumbai - 400 025.
Results for the quarter ending 30 th June 2011
– 12 th August 2011.
Results for the Half year ending 30 th September, 2011
– Second week of November, 2011.
Results for the quarter ending 31st December, 2011
– Second week of February, 2012.
Results for the year ending 31 st March, 2012
– Second week of May 2012.
Date of Book Closure 21st September, 2011 to 26 th September, 2011
(both days inclusive).
Dividend payment date On or before 25 th October, 2011.
A NNUAL R EPORT I 2010/11
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