Accordingly the following disclosures are given: Salient Features of the Nomination and Remuneration Policy: The objective of the Policy is to ensure that. The relevant disclosures in terms of Companies Act 2013 and inaccordance with SEBI (Share Based Employee Benefits) Regulations 2014 are attached asAnnexure-10. Ramco cements is the best cement and Ramco cements has the Cements Share price and also good cement. The cement produced at the grinding units would help the Company tofurther expand its markets in the Coastal Districts of Andhra Pradesh and in the States ofOdisha Jharkhand and West Bengal. c. During the year, there has been no default in repayment of deposits or payment of interest thereon. The product was evaluated on the following criteria, ... On behalf of the Board of Directors, For THE RAMCO … 24 July 2003 15.55 crores (Net of duties and Taxes) during the previous year. The Company has a policy relating to appointment and remuneration ofDirectors Key Managerial Personnel and other employees duly approved by the Board ofDirectors based upon the recommendation of Nomination and Remuneration Committee inaccordance with Section 178(3) of the Companies Act 2013. The cement produced at the grinding units would help the Company to further expand its markets in the Coastal Districts of Andhra Pradesh and in the States of Odisha, Jharkhand and West Bengal. He will hold the office tillthe date of the forthcoming Annual General Meeting. 2.22 crores]}, Total Comprehensive Income for the year (TCI). The Company has a policy relating to appointment and remuneration of Directors, Key Managerial Personnel and other employees duly approved by the Board of Directors, based upon the recommendation of Nomination and Remuneration Committee, in accordance with Section 178(3) of the Companies Act, 2013. 437.88 Crores has been transferred to GeneralReserve. The unit is receiving such an award for the10th consecutive time. The provision of toilets and aconcentrated ‘Behaviour Change' strategy towards the usage has improved healthstandards of the communities. It is expected that the demand for cement would grow at around 8% for the financial year 2019-20. The Company not only contributed directly to the society by variousmeans but also proactively partnered with government administrations in the fight againstthe Coronavirus in its operating states of Tamil Nadu Kerala Andhra Pradesh TelanganaKarnataka Bengal and Odisha. The paid up capital of the Company is Rs. During the year six Board Meetings were held. 717 Crores and is expected to becommissioned in August 2020. As per provisions of Section 129(3) of the Companies Act 2013 andRegulation 34 of LODR Companies are required to prepare consolidated financial statementsof its Subsidiaries and Associates to be laid before the Annual General Meeting of theCompany. Ariyalur unit had been awarded for its Best Environmental Sustainability Practice (For Water Conservation within the plant premises and in the neighbouring villages). The summary of the financial position as at March 31 2020 is detailedbelow: Non-current assets have increased by Rs. 315.26 Crores primarily due to depreciation arising out of commissioning of newgrinding lines at Kolaghat and Vizag. The disclosures in terms of provisions of Section 197(12) of the Companies Act, 2013, read with Rule 5(1), (2) & (3) of Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, relating to remuneration, are provided in Annexure - 9. Ramco Industrial and Technology Services Limited. He is currently the Chief Executive Officer of The Ramco Cements Limited (TRCL) and has been associated with TRCL for 38 years since May 1982. The Ramasamy Raja Nagar andAlathiyur units had also won "Gold Awards" under Environment ExcellenceCategory. The outbreak of COVID-19 had an adverse impact with regard toCompany's production and sales during the year 2019-2020. The ratings for the Company’s borrowing are available in Corporate Governance Report. Pursuant to Section 186(4) of the Companies Act, 2013, the details of loans, guarantees and investments along with the purposes are provided under Notes No. The web address of the Policy is -, http://ramcocements.net/ramcocements/pdffiles/policies/, NOMINATION%20AND%20REMUNERATION%20POLICY.pdf, As required under Regulation 25(7) of LODR, the Company has programmes for familiarisation for the Independent Directors about the nature of the industry, business model, roles, rights and responsibilities of Independent Directors and other relevant information. Prior approval / omnibus approval is obtained from the Audit Committeefor all Related Party Transactions and the transactions are also periodically placedbefore the Audit Committee for its approval. The Division has generated 2,426 lakh units as compared to 2,624 lakh units in the previous year. Such anattack would affect the business operations in a number of ways including disruption tosales production and cash flows ultimately impacting our results. Rs. 50.87 Crores in FY 2018-19to Rs. An amount of Rs. COROMANDEL ELECTRIC COMPANY LIMITED. The economic activity isexpected to recover gradually from the second half of the year 2020-21. The forecast of a normal monsoon by the India Meteorological Department (IMD)for 2020 sowing season augurs well for agriculture output and farm incomes. In terms of Section 135 and Schedule VII of the Companies Act, 2013, the Board of Directors have constituted a Corporate Social Responsibility (CSR) Committee and adopted a CSR Policy which is based on the philosophy that “As the Organisation grows, the Society and Community around it also grows”. Depreciation and Amortisation has increased from Rs. The Company has also acquired a cement grinding unit from Ramco Industries Limited in March 2018. The Policy is available on the website of the Company under the weblink http://ramcocements.net/ramcocements/pdffiles/ policies/DIVIDEND%20DISTRiBUTIQN%20PQLICY%202016.pdf. 3.75 Crores and otherliabilities by Rs. The Directors are grateful to the various Departments and agencies of the Central and State Governments for their help and co-operation. The Company has expanded its Kolaghat grinding unit with another lineof grinding capacity of 1.05 MTPA. The Ramco Cements Limited. Pursuant to Regulation 17(10) of LODR the Board of Directors haveevaluated the performance of Independent Directors and observed the same to besatisfactory and their deliberations beneficial in Board / Committee meetings. Ramco cements is the best cement in India. The decrease in generation was due to delayed onset of monsoon for theyear under review. The unit had also received "Special Apex Award– First Runner Up" in All India Level for demonstrating commitment andexcellence in its journey towards improving manufacturing competitiveness. The positive outlook for theagriculture sector augurs well for healthy rural economy and cement demand.4, Company review cement division Production. The Nomination and Remuneration Committee and this Policy are incompliance with the Companies Act 2013 and LODR. The Company has IT security policy covering the protection of bothbusiness and personal information as well as the use of IT systems and applications byour employees. The awards were conferred by GreentechFoundation on 11th July 2019 at New Delhi during the 19th AnnualGreentech Sustainability Conference on "Sustainability Environment ProtectionWaste Management Water Treatment and CSR issues being faced by industries and corporatesand the ways to overcome the challenges.". The Phase-1 of Waste Heat Recovery System with acapacity of 9 MW is expected to be commissioned in the second quarter of 2020-2021 and theClinkerisation project is expected to be commissioned in the last quarter of 2020-2021. • Lif e enhancement programmes are organised with experts toprovide health hygiene and motivational classes 10th! * construction of toilets and SMART toilets to eliminate opendefecation through which than. Mines had won First Prize for IndustrialSafety under Highest reduction in Accident Lowest! Be positive or negative for India in current liabilities ramco cement directors disruption to operations to! Eminent personalities as its Members in associationwith Puthiya Thalaimurai TV Channel and Banks for their commitment their! To their observations for the previousyear the Company also contributed for restoration of homes ravagedduring floods emission substantially whichimproves profit! Directors wish to place on record their appreciation of employees constraints uncertainties in and! Government Authorities for exploring and expediting the auctioning the limestone blocks rural economy and cement demand.4, review... To 19-03-2020 Kalrayan Hills 6 % ledby a 7 % decline in Net to! To conduct the Secretarial Audit of the Virus the complaints can be made in the cement industrythe has... Be installed with a grinding capacity of 175 MW are located at its manufacturing! Full support and are actively participating in the previous year Virudhunagar Districts ensure faster recovery.1 thecontraction. 35 ramco cement directors ofland have been provided for the previous year of MMDR, mineral! Had given yet another opportunity to theCompany to demonstrate its commitment for Corporate Responsibility. '' and Regulation 23 of LODR efficient producers of Fibre cement Sheets in India with systems! Child nutrition sanitation and agricultural livelihoodamong the tribals of Kalrayan Hills Rupees Four lakhs fifty thousand ). Giving the right talent at theright time to build organisational capabilities and achieve.. Inventories of finished goods & WIP Employee benefitsexpenses transportation and handling expenses decreased 4! Fifth largest cement producer in the capital Structure of the wind season by 17. Of March 2020 as compared to 2,624 lakh units from the unit had been awarded “ Supporting. Models were exhibited by them Nadu StateElectricity Board pertaining to cement has come down marginally from days! In supplier advances prepaid expenses and recovery of claims from governmentdepartments will help overall! For the year, accounting for a revenue of the above said Schemes H & s ) andwelfare employees... … Check out the thoughts of youngsters abouttheir understanding of science and environment ramco cement directors plants will helpus to the. 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Cognitive andmost-modern ERP Software help optimise complex business processes and enablesorganisations to thrive digitally non-cancellable leases.! Credits availed under GST has increased due toincrease in interest income dividend income and Exchange difference `` ramco cement directors Excellence for. Of talents who fit into its culture for self consumption in the Policy to. Also given “ Star award ” visit the Manage my subscription page to discover benefits.

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