Page 107 - Crisil Annual Report 2023

Statutory Reports
Price movement of CRISIL shares in 2023 on NSE and BSE vis-a-vis movement of CNX Nifty and S&P Sensex
January February March April 2023 2023 2023 2023
23. Shareholders’ rights
May June July 2023 2023 2023
CRISIL
S & P Sensex
CNX Nifty
August September October November December 2023 2023 2023 2023 2023
• To requisition an extraordinary general meeting
• To apply to the National Company Law Tribunal to investigate the affairs of the Company
• To apply to the National Company Law Tribunal for relief in cases of oppression and/ or mismanagement
The above-mentioned rights may not necessarily be absolute.
Statutory disclosures
Directors state that there being no transactions with respect to the following items during the financial year under review, no disclosure or reporting is required with respect to the same:
1. Details of utilisation of funds of preferential allotment/ QIP
2. Disclosure in relation to the recommendations made by any Committee that were not accepted by the Board
24. Policies
In accordance with the Company’s philosophy of adhering to the highest standards of ethical business and corporate governance, and to ensure fairness, accountability, responsibility and transparency to all stakeholders, the Company, inter alia, has the following policies and codes in place. All the policies and codes have been uploaded on the website of the Company.
A shareholder in a company enjoys certain rights, which are as follows:
• To receive share certificates, on allotment or transfer as the case may be, in due time, subject to applicable regulations
• To receive copies of the Annual Report, balance sheet and profit and loss account, and auditor’s report
• To participate and vote in general meetings
• To receive dividends in due time, once approved in general meetings or Board meetings
• To receive corporate benefits, such as rights and bonus, once approved
• To apply to the National Company Law Tribunal to call or direct the Annual General Meeting
• To inspect the minute books of general meetings and to receive copies thereof
• To proceed against the Company by way of civil or criminal proceedings
• To apply for the winding-up of the Company
• To receive the residual proceeds
• Other rights are as specified in the Memorandum and Articles of Association available on the website, https://www.crisil.com/en/home/investors/ shareholder-services/faqs.html
Apart from the above rights, the shareholders enjoy the following rights as a group:
•
To appoint the Directors and auditors of the Company
Sl. no.
Name of the Policy
Description and highlights of the Policy
1.
2.
CRISIL Code of Conduct • https://www.crisil.com/content/dam/crisil/ investors/corporate-governance/code-directors-sr- • management.pdf
CRISIL Code of Ethics • https://www.crisil.com/content/dam/crisil/investors/ • corporate-governance/code-of-ethics.pdf
The Board of Directors of CRISIL has adopted the Code of Conduct for Directors and the Senior Management
Affirmation regarding compliance with the Code of Conduct by the CEO has been published elsewhere in this Annual Report
The Company has also adopted a Code of Ethics for employees Compliance with this Code is a condition of employment with CRISIL for all employees
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