We have examined the compliance of conditions of
Corporate Governance by Peninsula Land Limited (the
‘Company’), for the financial year ended on 31st March,
2013, as stipulated in clause 49 of the Listing Agreement
of the said Company with the Stock Exchanges in India.
The compliance with conditions of Corporate Governance
is the responsibility of the management. Our examination
was limited to the procedures and implementation thereof
adopted by the Company for ensuring the compliance of
the conditions of the Corporate Governance. It is neither
an audit nor an expression of opinion on the financial
statements of the Company.
In our opinion and to the best of our information and
according to the explanations given to us and the
representations made by the management, we certify
that the Company has complied with the conditions
of Corporate Governance as stipulated in the above
mentioned Listing Agreement.
Based on the representation received from the Company
and certified by the Share Transfer Agent of the Company,
no investor grievance is pending for a period exceeding
one month as on 31st March, 2013 against the Company
and the Share Transfer Agent have reported to the
Shareholders / Investors Grievances Committee on the
status of the grievances.
We further state that such compliance is neither an
assurance as to the future viability of the Company nor the
efficiency or effectiveness with which the management has
conducted the affairs of the Company.
