Annual Reports - Indraprastha Gas Limited

NON-MANDATORY REQUIREMENTS
(1) CHAIRMAN OF THE BOARD
The Company has a Non-Executive Chairman and it bears the expenses, if any, incurred by him while performing duties for the
Company.
(2) REMUNERATION COMMITTEE
The Board of Directors of the Company has constituted a Remuneration Committee. The scope and functions of which are as
per Clause 49 of the Listing Agreement. The Managing Director and Director (Commercial) are nominated by GAIL (India) Ltd.
and BPCL respectively and the terms & conditions of their appointment including remuneration are advised by their parent
organizations.
During the year the Remuneration Committee consisted of following Directors:
1) Shri S. S. Dalal : Chairman, Non-Executive & Independent,
2) Shri S. S. Rao : Member, Non-Executive & Independent
(3) SHAREHOLDERS RIGHT
As the Company’s half-yearly results are published in English newspapers having circulation all over India and in a Hindi newspaper
widely circulated in Delhi, the same are not sent to each household of shareholders.
Quarterly/Half yearly financial performance of the Company are displayed on the website of the Company at www.iglonline.net
and also on the Electronic Data Information Filing and Retrieval System (EDIFAR), website of SEBI.
(4) WHISTLE BLOWER POLICY
The Company has a Whistle Blower Policy for employees to report irregularities/suspicions of fraud and unethical behaviour to
the Chairman of Audit Committee.
DECLARATION
As provided under Clause 49 of the Listing Agreement with the Stock exchange(s), it is hereby declared that all the Board
members and the Senior Management personnel of the Company have affirmed compliance with the Code of Conduct for the
year ended March 31, 2009.
sd/-
Place : Mumbai (Rajesh Vedvyas)
Date : May 27, 2009 Managing Director
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