Scrip

Code

Name of the Company

Clause for
Period
which query
raised

533151 D B Corp Limited

Clause 49

Quarter ended
December 2013

526045 Luminaire Technologies

Clause 49

Quarter ended
December 2013

500049 Bharat Electronics Limited

Clause 49

Quarter ended
December 2013

526371 NMDC Limited

Clause 49

Quarter ended
December 2013

Query Raised

the company has NOT mentioned the compliance status of Proceeds from
public issues, rights issues, preferential issues etc. - Clause 49 (IV D).

the company has NOT mentioned the compliance status of Subsidiary

Companies - Clause 49 (III).

the company has mentioned the compliance status of Composition of Board

- Clause 49 (IA) as Yes, though, the remarks interalia says that 'One more
vacancy arose......all the vacancies were notified to Govt. for filling up....&
appointment takes time and is beyond the control of the Company.'

the company has mentioned the compliance status of Composition of Board

-Clause 49 (IA) as Yes, though, the remarks interalia says that '..one
position....of Independent Directors have fallen vacant....taken up by the
Ministry of Steel, Government of India to fill up the same.'

Company reply details

Company has replied on

17/01/2014 1.
As mentioned
in Clause 49 (IV D), such
disclosure is to be made only till
such time that the full money
raised through the issue has been
fully spent.
2.
In case
D. B. Corp
Company
hasofreplied
that Ltd.,
"..theyou
may
please
observe
that
the
company don't have any
Company
subsidiaryhas
andbeen
said regularly
clause
giving the inadequate
disclosure under
clause
remained
blank."
43 about utilisation of IPO
Company
hasthe
replied
on ended
proceeds till
quarter
20/01/2014
that i.e.
Bharat
Electronics
30th June, 2013
till the
time
Ltd.
(BEL) is a was
Govtactually
Company
the Company
utilizing
under
administrative
control
the IPOthe
proceeds.
Accordingly,
inof
the Ministry
of under
Defence
(MoD),
disclosure
clause
49
Dept
of Defence
Production.
Being
(Compliance
Report
on Corporate
a
Governmentwe
Company,
the
Governance),
used to mention
composition
BEL Board
is (IV D).
Yes againstofClause
No. 49
decided
thefurther
Government
3.
Youby
may
observeofthat
India
Directors
on BEL
since and
the IPO
proceeds
haveBoard
been
are
appointed
the
fullyalso
utilized
duringby
July
August Government
of India.
September, 2013,
the disclosure
Clause
49
IA

Composition
of
under clause 43 was discontinued
Board
in the Financial Results under
Government
restructured
clause
41 for the
first time BEL
for the
Board
6th March,
2006 and nine
quarteronended
30th September,
Independent
Directorsfor
were
2013 and thereafter
31stalso
appointed
BEL Board (i.e. 50%
December,on
2013.
of
Board
consisting
of 18
4. theFor
the quarter
ended
31st
Directors,
an executive
December,including
2013, against
Clause
Chairman),
fully
complying
with
49 (IV D), we
wrote
- (dash)
Clause
49
of
the
Listing
meaning thereby that the
Agreement.
ThisNot
composition
of
disclosure is now
Applicable.
the
has beenwe
maintained
5. Board
Accordingly,
attach
since
then,
except for
temporary
herewith
a REVISED
Compliance
vacancies
from
time
to
time.
Report on Corporate Governance
Company
has,49
therefore,
under clause
and request you
mentioned
Yes
assame
the compliance
to please take
the
on
status.
records.Temporary vacancies (such
as mentioned in the quarterly
report under reference) do arise
from time to time, on resignation /

Company has replied on

20/01/2014 that the Company had
complied, the requirement of
relevant clause of the Listing
Agreement, accordingly it was
stated in the Report as yes and
thereafter it was stated that four
temporary vacancies were caused
in the Board of the Company and
the same was informed to the
Appointing Authority i.e.
Government of India for taking
necessary action in this regard.