14th Jan 2008 07:00
Reliance Energy Ld11 January 2008 TO: RNSDATED: January 3, 2008 Sub: Compliance Report on Corporate Governance for the quarter ended December 31, 2007 Pursuant to Clause 49 of the Listing Agreement entered into with Indian StockExchanges, we submit herewith Compliance Report on Corporate Governance for thequarter ended December 31, 2007. We confirm that the Company is in compliance with the provisions of Clause 49 ofthe Listing Agreement. Quarterly Compliance Report on Corporate Governance Name of the Company: Reliance Energy Limited Quarter ending on: December 31, 2007 Compliance Remarks Clause of StatusParticulars Listing (Yes/No/N.A.) AgreementI. Board of Directors 49 (I) Yes (A) Composition of Board 49 (IA) Yes (B) Non-executive Directors' 49 (IB) Yes compensation & disclosures (C) Other provisions as to Board and 49 (IC) Yes Committees (D) Code of Conduct 49 (ID) Yes II. Audit Committee 49 (II) Yes (A) Qualified & Independent Audit 49 (IIA) Yes Committee (B) Meeting of Audit Committee 49 (IIB) Yes (C) Powers of Audit Committee 49 (IIC) Yes (D) Role of Audit Committee 49 II(D) Yes (E) Review of Information by Audit 49 (IIE) Yes Committee III. Subsidiary Companies 49(III) Yes IV. Disclosures 49 (IV) Yes (A) Basis of related party transactions 49 (IV A) Yes (B) Disclosure of Accounting 49 (IV B) NA Treatment (C) Board Disclosures 49 (IV C) Yes (D) Proceeds from public issues, rights 49 (IV D) Yes issues, preferential issues etc. (E) Remuneration of Directors 49 (IV E) Yes (F) Management 49 (IV F) Yes (G) Shareholders 49 (IV G) Yes V. CEO/CFO Certification 49 (V) Yes VI. Report on Corporate Governance 49 (VI) Yes VII. Compliance 49 (VII) Yes For Reliance Energy Limited Ramesh Shenoy Company Secretary Date: January 3, 2008 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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