INTERPRETATION

Researcher analysis that Airtel shows in annual report 100% mandatory disclosure And 57.20% Voluntary Disclosure. Non Disclosure items : Voluntary items: Audit qualification, Training of board members, The Board

INTERPRETATION

Researcher analysis that Cipla shows in annual report 90.9% mandatory disclosure And 14.20% Voluntary Disclosure. Non Disclosure items:

 Mandatory: Postal Ballet, Top 10 shareholder of the company Voluntary: All the oluntary items e!cept remuneration committee

INTERPRETATION

DR.Reddy's
90.90% 91.00% 90.00% 89.00% 88.00% 87.00% 86.00% 85.00% 84.00% 83.00% year 2010-2013 Mandatory Disclosure year2010-2013 Voluntary Disclosure 85.70% DR.Reddy s

Researcher analysis that Dr Reddy"s shows in annual report 90.9% mandatory disclosure And 5.70% Voluntary Disclosure. Non Disclosure items: Mandatory: Postal Ballet, Top 10 shareholder of the company, Stoc !ode Voluntary: Audit #uali$ication INTERPRETATION

Researcher analysis that %industan unile er shows in annual report 9!.9!% mandatory disclosure And 57.20% Voluntary Disclosure. Non Disclosure items: Mandatory: Postal &allet' Top () shareholder o$ the company Voluntary: Audit *uali$ication' +hareholder ri,hts and The &oard

INTERPRETATION

Researcher analysis that In$osys shows in annual report 9!.9!% mandatory disclosure And 5.70% Voluntary Disclosure. Non Disclosure items:

 Mandatory: Postal &allet Voluntary: Audit *uali$ication

INTERPRETATION

Researcher analysis that Indian Ta-acco Company shows in annual report 9!.9!% mandatory disclosure And 71.72% Voluntary Disclosure. Non Disclosure items: Mandatory: Postal &allet Voluntary: Audit *uali$ication' remuneration committee INTERPRETATION

P.N/A& NATIONA0 &AN& 9".90% 71.42%

100.00% 0.00% !0.00% 40.00% 20.00% 0.00%

'()*A+ )A,-.)A/ +A)&

#ear 2010$201" year2010$201" %andatory Disclosure Voluntary Disclosure

Researcher analysis that Pun1a- National &an2 shows in annual report 9!.9!% mandatory disclosure And 71.72% Voluntary Disclosure. Non Disclosure items: Mandatory: Postal ballet ,Top 10 share holder of the company Voluntary: +hareholder Ri,ht"s and The &oard INTERPRETATION

Researcher analysis that Reliance Communication shows in annual report 90.90% mandatory disclosure And 57.20% Voluntary Disclosure.

Non Disclosure items: Mandatory: Postal ballet ,Top 10 share holder of the company, Plant location Voluntary: +hareholder Ri,ht"s ' The &oard' Audit #uali$ication

INTERPRETATION

Researcher analysis that Tata Consultancy +er ices shows in annual report 9".90% mandatory disclosure And 57.20% Voluntary Disclosure. Non Disclosure items: Mandatory: Postal Ballet, "o outstanding #$%&'arrants( Voluntary: +hareholder Ri,ht"s ' The &oard' Audit #uali$ication

INTERPRETATION

Researcher analysis that 3ipro shows in annual report 100% mandatory disclosure And 5.70% Voluntary Disclosure. Non Disclosure item Voluntary: Audit #uali$ication

COMPARATIVE ANA04+I+ AMON5 A00 T%E COMPANIE+

COMPARATIVE ANALYSIS
120% 100% 80% 60% 40% 20% 0%
$ DR &" % .R '%! $D D( )* + "- , % ./ *( * "# & R$ '%" !0 &$ &. #& 1 * "' R/ !" R#

Mandatory Disclosure year 2010-2013 Voluntary Disclosure year2010-2013

INTERPRETATION
Amon0 all the companies Airtel and 1ipro disclosed 100% Mandatory items 2ollowed 3y -n2osys 9!.9!%4 5(/ 9!.9!%4 -,6 9!.9!%4 ')+ 9".9%4 ,67 9".90%4 Reliance 6ommunication 90.9%4 DR .Reddy8s 90.90%4 And 6ipla 90.90%. -n 6ase o2 Voluntary Disclosure -n2osys4 Dr.reddy8s4 1ipro disclosed 5.7%2ollowed 3y -,6 71.72%4 ')+ 71.42%4 Airtel 57.2%4 5(/ 57.2%4 Reliance 6ommunication 57.2% ,ata 6onsultancy 7er9ices 57.2%4 and 6ipla 14.2%