1. The Company has only one class of equity shares having a par value of Rs.10/- per share. Each holder of equity share is entitled to one vote per share. The dividend proposed by the Board of Directors is subject to the approval of the shareholders in the ensuing Annual General Meeting.
2.Related Party Disclosure in accordance with Accounting Standard 18, the disclosure required is given below
I) Related Parties with whom transaction have taken place during the year:
a) Key Managerial Personnel
1) Dr. Padam C Bansal Chairman
2) Mr. Devakar Bansal Managing Director
3) Mr. Sunil Kumar Bansal Joint Managing Director
4) Mr. Y V Raman Whole Time Director
5) Mr. Aashish Jain Company Secretary
6) Mr. N Ravichandran Chief Financial Officer
b) Relative of Key Managerial Personnel
1) Mrs. Vandana Bansal W/o Mr. Devakar Bansal
2) Mrs. Neelam Bansal W/o Mr. Sunil Kumar Bansal
3) Mrs. Vijaya Bansal W/o Dr. Padam C Bansal
4) Mr. Harsh Bansal S/o Mr. Sunil Kumar Bansal
5) Mr. Amber Bansal S/o Mr. Devakar Bansal
6) Mr. Sagar Bansal S/o Mr. Devakar Bansal
c) Enterprise owned or significantly influenced by Key Managerial Personnel or their relatives
1) M/s. Ardee Industries Private Limited
2) M/s. Bansal Chemicals (India)
3) M/s. Bansal Metallic Oxides
4) M/s. Pondy Oxides and Chemicals Limited
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