Arohan Financial Services Limited | Annual Report 2022-23

| 100 Annual Report | 2022-2023 Share Transfer System: Shares in physical forms are processed by the Registrar and Share Transfer Agent within 15 days from the date of receipt, if the documents are complete in all respects. The Managing Director, Chief Financial Officer and Company Secretary have been severally empowered to approve transfers. With effect from October 2, 2018, request for transfer of equity shares in physical form are not accepted as per notification issued by Ministry of Corporate affairs dated September 10, 2018. Distribution of Shareholdings: Range of Holdings Number of Shares Amount (INR) % to Capital No. of Shareholders % of Shareholders 1 to 5,000 1,00,016 10,00,160 0.08 164 54.13 Above 5,000 to 10,000 69,312 6,93,120 0.06 9 2.97 Above 10,000 12,10,07,975 1,21,00,79,750 99.86 130 42.90 Dematerialization of shares and liquidity: Percentage of shares held in physical form: 0.02% Electronic form with NSDL: 95.82% Electronic form with CDSL: 4.16% Details of Credit Ratings obtained ICRA Limited: A- Stable Outlook CARE Ratings Limited: A- Negative Outlook Address for correspondence Shareholders/Investors may write to the Company Secretary at the following address: The Company Secretary PTI Building, 4th Floor, DP Block, DP-9, Sector-5, Salt Lake, Kolkata-700091 Email: compliance@arohan.in Ph: 033 4015 4000 Means of Communication with other stakeholders All important information relating to the Company and its performance, including financial results, are posted on the website of the Company: www.arohan.in. The financial results of the Company are published in the leading newspapers viz. The Financial Express as per the Regulation 52 (8), read with Regulation 52 (4) of the SEBI (LODR) Regulation, 2015. Statutory Compliance, Penalties and Strictures The Company has complied with all the requirements of regulatory authorities. No penalties or strictures were imposed on the Company by Stock Exchanges or SEBI or any statutory authority on any matter related to the activities of the Company except a penalty of INR 0.05 Lakhs was levied for delay in filing of monthly reporting of actual transactions (ECB 2) for the month of July, 2022 and an amount of INR 0.16 lakhs has been paid to Reserve Bank of India towards late submission fees of FC_TRS under The Foreign Exchange Management Act, 1999. Policy on Dealing with Related Party Transactions. The Company has formulated a policy on materiality of and dealing with Related Party Transactions pursuant to the provisions of the Act and Regulation 23 of the Listing Regulations, which specify the manner of entering into Related Party Transactions. During the year under review, the Policy was amended in accordance with the Listing Annexures to Director’s Report