Kalpana, a nominee director on the Board of Roma Ltd., a listed company, informed the Board of Directors during a Board meeting that the next annual report of the company shall contain a 'Management Discussion and Analys

As per Schedule V of SEBI (LODR), Regulations, 2015, a Management Discussion and Analysis report should form part of the Annual Report to the shareholders. This report should include discussion on the following matters within the limits set by the company's competitive position: Industry structure and developments; Opportunities and threats; Segment/product wise performs; Outlook; Risks and concerns; Internal control systems and their adequacy; Mission and organizational structure; Performance goals and results; Financial statements; Systems, controls, and legal compliance; Discussion on financial performs with respect to operational performance; Material developments in Human Resources/Industrial Relations Front, including number of people employed.