Detailed Presentations on the business of each of the Processes are made to the directors. 10/-eachReconciliation of Shares outstanding at the beginning and at the end of the reporting period:Equity Shares Shares outstanding at the beginning of the yearii) Terms/Rights and restrictions attached to the Equity Shares:The Company has only one class of Equity Shares having a face value of Rs.10/-. The Reports Page Highlights 1 Chairman’s Letter to Shareholders 2 CEO’s Letter to Shareholders 4 Strategic Report 6 Directors’ Report 13 Statement of Directors’ Responsibilities 19 Corporate Governance Statement 20 Directors’ Remuneration Report 23 Telefónica entered the Brazilian market in 1998, when the restructuring and privatisation of Telebrás was taking place.Later, in 2002, Telefónica and Portugal Telecom created a Joint Venture to operate in the Brazilian mobile market and they began their commercial operations under the name Vivo in April 2003.. 2010 consolidated Brazil's position as an international economic reference and it was a … }��7��v�ܲ|���2���Z5r�����w��ˡ��K+>,}�X.�������#MK���tD7v43�7��V�5��O�K����eeS��h��J�^�I�wm���+K5����m�Ɏ��umv��9�Έ�f 3412.80 Lakhs in FY 2016- 17Profits: Profit before Tax (PBT) stood at Rs.400.78 Lakhs as against Rs 283.54 Lakhs for the previous year. Meeting with Thierry Blandinières, InVivo … During the period under review, there were no frauds reported by the auditors under provisions of the Companies Act, 2013.6. 0000008577 00000 n �O�@ endstream endobj 891 0 obj <>>>/Lang(en-US)/Metadata 559 0 R/Outlines 878 0 R/Pages 879 0 R/Type/Catalog/ViewerPreferences<>>> endobj 892 0 obj <>/ExtGState<>/Font<>/ProcSet[/PDF/Text/ImageC]/XObject<>>>/Rotate 0/Tabs/W/Thumb 512 0 R/TrimBox[0.0 0.0 1190.55 841.89]/Type/Page>> endobj 893 0 obj <>stream annual report 2008. The policy on Material Subsidiary is available on the website of the company under following link:The company as required under the provisions of “The Sexual Harassment of women at Workplace (Prohibition, prevention and Redressal) Act, 2013 has framed a policy on Prohibition, Prevention and Redressal of Sexual Harassment of women at workplace and matters connected therewith or incidental thereto. ��f��� �%�&v�ja���Ie7�M�9t}���O��؎Z�,�� T�45�h172cmWF�R� ]�a�Z`4�Fɬ y�Ʋ�0���.7��6�Ձ��������D�wt )Aq ����(\�`�"`RL2��U��T0*E�x�`�8�jPR6r���� 0000004068 00000 n Vivo Energy is the company behind the Shell brand in Africa and is jointly owned by Vitol, Helios Investment Partners and Shell. ACCELERATING GROWTH Dear Valued Shareholders, O ehal h Boar Directors ives m mmens leasur resen Viv Energy Mauritiu Limited’ 01 nnua epor nd ˜nancia tatement o … With 210 years of existence, we have contributed actively to the development of Brazil. 0000100328 00000 n 0000073507 00000 n 0000003089 00000 n %%EOF
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These have been designed to provide reasonable assurance with regard to recording and providing reliable financial and operational information, complying with applicable statutes, safeguarding assets from unauthorized use or losses, executing transactions with proper authorization and ensuring compliance of internal policies.
Prior omnibus approval for normal company transactions is also obtained from the Audit Committee for the related party transactions which are of repetitive nature as well as for the normal company transactions which cannot be foreseen and accordingly the required disclosures are made to the Committee on quarterly basis in terms of the approval of the Committee.Your Directors have on the recommendations of the Audit Committee, adopted a policy to regulate transactions between your Company and its Related Parties, in compliance with the applicable provisions of the Companies Act 2013, the Rules made thereunder and the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirement) Regulations, 2015. the related party transactions which are of repetitive nature as well as for the normal company transactions which cannot be foreseen and accordingly the required disclosures are made to the Committee on quarterly basis in terms of the approval of the Committee.Your Directors have on the recommendations of the Audit Committee, adopted a policy to regulate transactions between your Company and its Related Parties, in compliance with the applicable provisions of the Companies Act 2013, the Rules made thereunder and the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirement) Regulations, 2015.Corporate Governance Report is set out as separate Annexure to this Report.Management’s Discussion and Analysis report for the year under review as stipulated under Regulation 34(2) (e) SEBI (LODR) Regulation, 2015 of the Listing Agreement with the stock exchanges is presented in a separate section forming part of the Annual report.In line with the provisions of the Companies Act, 2013 and SEBI Guidance Note on Board evaluation issued on January 5, 2017 read with relevant provisions of the SEBI Listing Regulations, 2015, the Board has carried out an annual evaluation of its own performance and that of its Committees and individual Directors through the separate meeting of independent directors and the Board as a whole.The performance of the independent directors was evaluated by the entire Board except the person being evaluation in their meeting held on 14A separate meeting of Independent Directors was held on 30The performance evaluation of the Board and its constituents was conducted on the basis of functions, responsibilities, competencies, strategy, tone at the top, risk identification and its control, diversity, and nature of business. 2018 Annual Report. Annual Report. The Independent Directors takes appropriate steps to present their views to the Chairperson. %PDF-1.4 %����
These reports include audited financial statements, and achievements such as research advances. The Remuneration Policy is stated in the Corporate Governance Report.Your Directors state that no disclosure or reporting is required in respect of the following items as there were no transactions on these items during the year under review:1.