04.10.2018

Dear Professional Colleague

Sub: Webinar on Secretarial Standard on Report of the Board of Directors (SS-4)

In order to promote the standardised practices in preparation of Board’s Report, the ICSI has issued the Secretarial Standard on Report of the Board of Directors (SS-4) effective from 1st October, 2018 for voluntary adoption by the Companies. The Board’s Report is an important means of communication by the Board of Directors of a company with its stakeholders. The Board’s Report provides the stakeholders with both financial and non-financial information, including the performance and prospects of the company, relevant changes in the management and capital structure, recommendations as to the distribution of profits, future and on-going programmes of expansion, modernisation and diversification, capitalisation of reserves, further issue of capital and other relevant information. Effectively, SS-4 will be useful in preparation of the Board’s Report for the year 2018-19 and the stakeholders have sufficient time to get well versed with the Standard enumerated under SS-4. In order to apprise the members about the various aspects of SS-4, the ICSI is organising a webinar on Secretarial Standard on Board’s Report on 6th October, 2018 at 10.30 am. To join the webinar, members are requested to login at the link: https://dezd00medastx.cloudfront.net/belive/icsi/ss4/index.html

Queries related to SS-4 may be sent prior to the said webinar using the above link. The same may be addressed during the webinar.

Regards,

(CS Ashok Kumar Dixit) Officiating Secretary The Institute of Company Secretaries of India