Declaration of the requirements of corporate governance guidelines

The Company declares that it has complied with the requirements of the applicable regulations of Corporate Governance Guidelines of Bangladesh Securities and Exchange Commission (BSEC) and accordingly constitutes several committees under the board for good governance. A certificate of compliance from competent authority has been incorporated accordingly.

Sd/-

Md. Emdadul Hoque Chowdhury

Managing Director

Kattali Textile Limited.

 

 

Certificate of Compliance on corporate Governance of Kattali Textile limited.

[As per required under the Bangladesh Securities Exchange Commission (BSEC) Guideline]

 We have examined compliance with the Bangladesh Securities and Exchange Commission (BSEC) guidelines on Corporate Governance by Kattali Textile Limited (the Company) for the period ended 30th June 2017. These guidelines related to the Notification No. SEC/ CMRRCD/2006-158/134/ Admin/44 dated 7th August 2012, as amended vide notification dated 21st July 2013 and 18th August 2013 of Bangladesh Securities and Exchange Commission (BSEC) on Corporate Governance.

The compliance with the said conditions of Corporate Governance and reporting the status thereof is the responsibility of the management of the Kattali Textile Limited. Our responsibility is to provide a certificate about whether the Kattali Textile Limited is in compliance with the said conditions of Corporate Governance based on our examination. Our examination for the purpose of issuing this certificate was limited to the procedures including implementation thereof as adopted by the Company for ensuring the compliance with the attached statement on the basis of evidence gathered and representation received. It is neither an audit nor an expression of opinion on the financial statements of the Kattali Textile Limited.

Based on the audited financial statement as on 30th June 2017 issued by Shiraz Khan Basak & Co., Chartered Accountants dated on 20th October, 2017 and our examination condition of the compliance status of corporate guidelines issued by the Bangladesh Securities and Exchange Commission (BSEC) Notification No. SEC/CMRRCD/2006-158/134/ Admin/44 dated 7th August 2012, as amended vide notification dated 21st July 2013 and 18th August 2013, in our opinion and to the best of our information and according to the explanations provided by the management to us, we certify that the Company has complied with the conditions of Corporate Governance as stipulated in the above-mentioned guidelines issued by Bangladesh Securities and Exchange Commission (BSEC). We also state that such compliance is neither an assurance as to the future viability of the Company nor a certification on the efficiency or effectiveness with which the Management has conducted the affairs of the Company.

Place: Dhaka

Date: 25 November, 2017

Sd/

AHMAD & AKHTAR

Chartered Accountants