Page 74 - FBL AR 2019-20

Fermenta Biotech Limited
Annual Report 2019-20

IMPACT OF COVID 19 (c) The Company’s intimation to BSE regarding impact of Covid 19
is available at www.bseindia.com and also on the Company’s
In compliance with the directions issued by the Government, the
Company implemented various measures which inter alia include: website at https://fermentabiotech.com/stock-exchange-
intimation.php
(a) Company suspended operations at all of its manufacturing
locations in Dahej, Gujarat and Kullu, Himachal Pradesh DETAILS OF SIGNIFICANT AND MATERIAL ORDERS
with effect from 25th March 2020 to ensure the safety of its PASSED BY THE REGULATORS OR COURTS OR
employees and their families and to contain the spread of TRIBUNALS IMPACTING THE GOING CONCERN
COVID-19. After necessary approvals, operations were partially STATUS AND COMPANY’S OPERATIONS IN FUTURE
resumed at Kullu plant w.e.f. April 3, 2020 and at Dahej plant
w.e.f. April 4, 2020. The Company has taken all requisite There was no significant and material order passed by the Regulators
precautions and is adhering to complete safety measures to or Courts or Tribunals impacting the going concern status and
ensure the safety and wellbeing of its employees and other Company’s operations during FY 2019-20.
stakeholders at the manufacturing units to help fight the
spread of COVID-19. SECRETARIAL STANDARDS
During FY 2019-20, the Company has complied with the provisions
(b) Company provided work from home facility for its employees of applicable Secretarial Standards issued by the Council of the
at its head office in Thane; and at its R&D lab at Wagle Estate, Institute of Company Secretaries of India and approved by the
Thane (‘R&D lab’), since March 16, 2020. With effect from May Central Government.
16, 2020, the permitted percentage of employees at R&D lab
attended office on rotation basis, in strict compliance with the
required precautions.

DETAILS OF SHARES IN DEMATERIALISATION (DEMAT) SUSPENSE ACCOUNT/ UNCLAIMED SUSPENSE ACCOUNT
Pursuant to Regulation 34 read with Schedule V of SEBI Listing Regulations, the details of the shares in the Dematerialization Suspense
Account/ Unclaimed Suspense Account are as follows:
Aggregate number of Number of shareholders Number of shareholders Aggregate number of That the voting rights on
shareholders and the who approached the to whom shares were shareholders and the these shares shall remain
outstanding shares in the Company for transfer of transferred from outstanding shares in the frozen till the rightful
Suspense Account lying shares from Suspense Suspense Account Suspense Account lying owner of such shares
at the beginning of the Account during the year during the year at the end of the year claims the shares.
year (01.04.2019) (31.03.2020)
255 number of 292 number of
shareholders and 43,928 5 NIL shareholders and 1,38,018* 1,38,018* Equity Shares
Equity Shares of H5 each Equity Shares of H5 each
*During February 2020, the Company declared bonus issue of shares in the proportion of 2:1

ACKNOWLEDGEMENTS For and on behalf of the Board of Directors

Your Directors would like to express their appreciation to the
employees of the Company at all levels, members, bankers, financial Sanjay Buch
institutions, regulatory bodies and other business associates for Chairman
their support during the year under review.
(DIN: 00391436)
CAUTIONARY STATEMENT
August 28 2020, Thane
Statements in the Management Discussion and Analysis describing
the Company’s objectives, projections, estimates, expectations Registered Office:
or predictions and/or in this report may be ‘forward-looking A -1501, Thane One, DIL Complex,
statements’ within the meaning of applicable laws and regulations. Ghodbunder Road, Majiwada,
The actual results may differ materially from those expressed in the Thane (West) – 400 610
statements. Maharashtra, India.

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