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Ms farah malik bhanji managing director chairperson 2

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Ms. FarahMalik BhanjiManaging DirectorChairperson2.Mr. VikasKhemaniNon-ExecutiveIndependentDirectorMember3.Mr. KaushalParekhChief FinancialOfficerMemberThere have been no instances during the FY whererecommendations of the Audit Committee werenot accepted by the Board. The brief details of thecomposition of the Committees, terms of reference,the number of meetings held and attendance ofDirectors at such meetings are provided in theCorporate Governance Report, which forms part ofthe Annual Report.25. BUSINESS RESPONSIBILITY REPORTRegulation 34(2) of the SEBI Listing Regulations, asamended, inter alia, provides that the annual reportof the top 1000 listed entities based on marketcapitalization (calculated as on March 31, of everyFY), shall include a Business Responsibility Reportdescribing the initiatives taken by the Company
Statutory Reports39-116Financial Statements118-27101-38Corporate OverviewAnnual Report2021-2253from environmental, social and the governanceperspective. Since your Company is one of thetop 1000 listed entities as on March 31, 2022, theCompany, has presented its Business ResponsibilityReport for the FY 2021-22, in a separate section,forming part of the Annual Report.26.CORPORATE SOCIAL RESPONSIBILITY (CSR)AND SUSTAINABILITYTostreamlinetheCSRactivitiesandothersustainability initiatives with new framework ofBusiness Responsibility and Sustainability Reportingthrough the CSR Committee, the scope of theCSR Committee was widened to Corporate SocialResponsibility and Sustainability Committee. YourCompany has adopted and formulated a CorporateSocial Responsibility Policy and has also constituteda Corporate Social Responsibility and SustainabilityCommittee in compliance with the provisions ofSection 135 of the Act read with the Companies(Corporate Social Responsibility Policy) Rules, 2014.It is committed to ensure the social wellbeing ofthe communities through its CSR initiatives, inalignment with the Company’s key priorities. ThePolicy is also available on website of the Company at.The brief outline of the CSR Policy of the Companyand the initiatives undertaken by the Company forthe FY 2021- 22, as required under Section 135 of theAct read with Rule 8 of the Companies (CorporateSocial Responsibility Policy) Rules, 2014, and Rule 9of the Companies (Accounts) Rules, 2014, is attachedto this report asAnnexure - 2.27. RELATED PARTIES TRANSACTIONSAll Related Party Transactions were placed beforethe Audit Committee for approval. Prior omnibusapproval of the Audit Committee was obtainedfor the transactions, which were of a repetitivenature. The transactions entered pursuant to thetransactions on which approval has been granted,were reviewed and statements giving details of allrelated party transactions were placed before theAudit Committee on a quarterly basis.

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Term
Fall
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Metro Brands Limited

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