Page 68 - CJ 2019 INTEGRATED REPORT

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CORPORATE GOVERNANCE REPORT
Shareholders Communication and and Key Events and and Publications
The Company’s Key Stakeholders are are its Employees Customers Partners Banks Regulators / Government Suppliers Local Community and Shareholders The Board understands that that communication to to Stakeholders about matters pertaining to to the Company is is of great importance and and and and and ensures that that information is is is delivered in in in in in in an an an an an an an an an an an an open transparent meaningful and and and and and regular manner The Company is is is committed to to to responding to to to the the the needs and and and and expectations of its its its key key stakeholders and and and and takes into account their interests in in in in in in in its its its dealings with with them It engages with with its its its key key Stakeholders through existing communications platforms (Annual Report Shareholders meetings Website social media CJ News & Intranet Communiqués) Regular presentations are are also made to the Company’s bankers Calendar of key events
The calendar of key events
is as follows:
Financial Year End 31 Dec 2019 Shareholders’ Agreement Annual Meeting of Shareholders June 2020
Circulation of Annual Report tp Shareholders June 2020
The The Company is is party to to a a a a a a a a a a a Shareholders’ Agreement Agreement amongst the the the the Shareholders Shareholders of of the the the the ultimate holding company Currimjee Limited
and its direct subsidiaries The The contents of of the the the the Agreement Agreement have not been disclosed due to to their confidential nature Dividend Policy
Payment of o of of dividends dividends is is subject to to the the profitability of o of of the the Company its its cash flow reserves and and its its capital expenditure requirements The Board of o of of Directors ensures that dividends dividends are authorised and and paid out only if the the the the the Company shall upon the the distribution being made satisfy the the solvency test During the the financial year under review the the Company declared and paid total dividends of Rs Rs 135 6 million million (2018: Rs 110 4 million) Approved by the Board of Directors and signed on on its behalf on on 03 June 2020
Mr Anil C C Currimjee Managing Director Mr Bashirali A Currimjee G O S K Chairman CURRIMJEE JEEWANJEE AND COMPANY LIMITED