Priya, a nominee director on the Board of Aroma 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 Analysi

Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Schedule V thereof, provides that the annual report shall contain as a part of director's report or as an addition thereto, a Management Discussion and Analysis Report (MDAR). The MDAR 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-wise or product-wise performance. Outlook Risks and concerns. Internal control systems and their adequacy. Discussion on financial performance with respect to operational performance. Material developments in Human Resources / Industrial Relations front, including number of people employed. The Board of Directors of the Company are advised accordingly to include in the report.