Investor Presentaiton
3.
Goa
4.
Arkonam
5.
Medak
6.
Puducherry
7.
Ankenpally
8.
Perambalur
(2 plants)
9.
Dahej
p)
No. 1, Ponda, Goa.
Arkonam Tiruttani Road, Ichiputhur,
Arkonam, Tamil Nadu.
No. 2, Sadasivapet, Sangareddy,
Telangana.
Eripakkam Village, Nettapakkam Commune,
Puducherry.
No. 2, Sadasivapet, Sangareddy,
Telangana.
Naranamangalam Village & Post, Alathur
Taluk, Perambalur District, Tamil Nadu.
Plot No. D-II-16, Dahej Industrial Area,
Galenda Village, Taluka - Vagara Dist.
Bharuch, Gujarat
Address for Correspondence: MRF Limited
14.
Other Disclosures
(a)
No. 114, Greams Road,
Chennai 600 006.
Tel: (044) 28292777
Fax: (044) 28295087
E-mail: [email protected]
As required under applicable Listing Regulations, your
Company has adopted a policy on materiality of and
dealing with related party transactions which was approved
by the Board of Directors and uploaded on the Company's
Website: https://www.mrftyres.com/downloads/download.
php?filename=policy-on-materiality-of-and-dealing-with-
related-party-transactions.pdf
Requisite approvals from the Audit Committee / Board
have been obtained for the transactions as stipulated under
applicable law.
The details of related party transactions during the financial
year ended 31st March, 2023 are given in note 28d of the
financial statements.
During the year under review, your Company has entered
into transactions with MRF SG PTE. LTD, a wholly owned
subsidiary of your Company for purchase of raw materials
and the total value of transactions executed during financial
year 2022-2023 exceed the materiality threshold adopted
by the Company. These transactions were in the ordinary
course of business and were on an arms length basis, details
of which are provided in Annexure IV of the Board's Report
as required under section 134(3)(h) of the Companies Act,
2013 read with Rule 8(2) of the Companies (Accounts) Rules,
2014.
There are no transactions with any person or entity belonging
to the promoters/promoter group which hold(s) 10% or more
shareholding in the Company.
During the year under review, there are no materially
significant related party transactions that may have potential
conflict with the interests of listed entity at large.
(b) The Company has complied with the requirements of the
Stock Exchanges/SEBI and statutory authority on all matters
related to capital markets during the last three years. No
penalties, strictures were imposed on the Company by the
Stock Exchange/SEBI or any other statutory authority in respect
of the same.
(c)
The Company has established a vigil mechanism pursuant
to the requirements of Section 177(9) of the Companies
Act, 2013 and Regulation 22 of the Listing Regulations.
No personnel have been denied access to the chairman
of the Audit Committee to report genuine concerns.
Establishment of vigil mechanism is hosted on the
website of the Company under the web link: https://www.
mrftyres.com/downloads/download.php?filename=Vigil-
Mechanism.pdf
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