Investor Presentaiton
MRP
1.
Factories Act, 1948;
2.
Labour laws and other incidental laws related to labour and
employees appointed by the Company including those on
contractual basis as relating to wages, gratuity, prevention of sexual
harassment, dispute resolution, welfare, provident fund, insurance,
compensation etc.;
Industries (Development & Regulation) Act, 1951;
Special Resolutions were passed by Postal Ballot by voting through
electronic means on 31st March 2023 for appointment of the following
Independent Directors:
Sl.No DIN
Name of the Director
Designation
1.
00174675
Mr. Arun Vasu
Independent Director
2.
01799153
Mr. Vikram Chesetty
Independent Director
3.
00385082 Mr. Prasad Oommen
Independent Director
3.
4.
The Rubber Act, 1947 & Rubber Rules, 1955;
5.
Acts and Rules relating to consumer protection;
6.
7.
8.
9.
10.
11.
Acts and Rules prescribed under prevention and control of pollution;
Acts and Rules relating to environmental protection and energy
conservation;
Acts and Rules relating to hazardous substances and chemicals;
Acts and Rules relating to electricity, fire, petroleum, motor vehicles,
explosives, boilers etc.;
Acts and Rules relating to protection of IPR;
Acts and Rules relating to the industry to which this Company
belongs;
12. Other local laws as applicable to various plants and offices.
I further report that -
The Board of Directors of the Company is duly constituted with proper
balance of Executive Directors, Non-Executive Directors, Independent
Directors and Women Directors in compliance with Rules and provisions
of the Companies Act, 2013, the regulations and directives of Securities
Exchange Board of India (SEBI).
Special Resolutions were passed by Postal Ballot by voting through
electronic means on 21st December 2022 for appointment of the following
Independent Directors:
Sl. No. DIN
1.
Name of the Director
Designation
Independent Director
Adequate notice was given to all directors on schedule of the Board
Meetings, agenda and detailed notes on agenda were sent at least seven
days in advance, and a system exists for seeking and obtaining further
information and clarification on the agenda items before the meeting and
for meaningful participation at the meeting. All decisions carried are duly
recorded in the minutes of the Meeting.
The Competition Commission of India ("CCI") had on 2nd February, 2022
released its order dated 31st August, 2018, imposing penalty on certain
Tyre Manufacturers including the Company and also the Automotive Tyre
Manufacturers' Association, concerning the breach of the provisions of
the Competition Act 2002, during the year 2011-12. A penalty of *622.09
Crores was imposed on the Company. The appeal filed by the company
before National Company Law Appellate Tribunal (NCLAT) has been
disposed of by remanding the matter to CCI for review after hearing the
parties. In February 2023, CCI has filed an appeal against the order of
NCLAT before Hon'ble Supreme Court and the same is pending disposal.
I further report that there are adequate systems and processes in the
Company commensurate with the size and operations of the Company to
monitor and ensure compliance with applicable laws, rules, regulations
and guidelines.
09757469
Mr Vikram Taranath
Hosangady
2.
00141701
Mr Ramesh Rangarajan
Independent Director
3.
00238735
Mr Dinshaw Keku
Parakh
Independent Director
Place: Chennai
Date: 03rd May, 2023
K ELANGOVAN
Company Secretary in Practice
FCS No.1808, CP No. 3552, P R No. 892/2020
UDIN: F001808E000217463
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