General information about company

Scrip code521113
NSE Symbol
MSEI Symbol
ISININE691D01012
Name of the entitySUDITI INDUSTRIES LIMITED
Date of start of financial year01-04-2021
Date of end of financial year31-03-2022
Reporting QuarterQuarterly
Date of Report30-06-2021
Risk management committeeNot Applicable
Market Capitalisation as per immediate previous Financial YearAny other



Annexure I

Annexure I to be submitted by listed entity on quarterly basis

I. Composition of Board of Directors

Disclosure of notes on composition of board of directors explanatoryTextual Information(1)
Wether the listed entity has a Regular ChairpersonYes
Whether Chairperson is related to MD or CEONo
SrTitle (Mr / Ms)Name of the DirectorPANDINCategory 1 of directorsCategory 2 of directorsCategory 3 of directors Date of BirthWhether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations]Date of passing special resolutionInitial Date of appointmentDate of Re-appointmentDate of cessationTenure of director (in months)No of Directorship in listed entities including this listed entity (Refer Regulation 17A of Listing Regulations)No of Independent Directorship in listed entities including this listed entity (Refer Regulation 17A(1) of Listing RegulationsNumber of memberships in Audit/ Stakeholder Committee(s) including this listed entity (Refer Regulation 26(1) of Listing Regulations)No of post of Chairperson in Audit/ Stakeholder Committee held in listed entities including this listed entity (Refer Regulation 26(1) of Listing Regulations)Notes for not providing PANNotes for not providing DIN
1MrPawan AgarwalAABPA3988L00808731Non-Executive - Non Independent DirectorChairperson19-02-1965No12-09-199101-02-20151010
2MrVivek Kumar GangwalACDPG3150G01079807Non-Executive - Independent DirectorNot Applicable17-12-1970Yes30-09-201916-06-200301-04-2019601122
3MrsSanjula SanghaiAQMPS2964F00049344Non-Executive - Independent DirectorNot Applicable17-06-1967Yes26-09-201831-03-201526-09-2018601120
4MrRajagopal Raja ChinrajAAFPC5412P00158832Executive DirectorNot ApplicableCEO25-03-1950NA01-06-20181010



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Textual Information(1)

Shri. Pawan Agarwal was appointed as Managing Director w.e.f. 1st February 2015 and subsequently he relinquished the post of Managing Director w.e.f. 01.12.2018.  Accordingly, he is a Chairman and Non-Executive Director w.e.f. 01.12.2018 (initial Date of Appointment is 12th September 1991- being one of the promoters of the Company). Shri. Pawan Agarwal being liable to retire by rotation is re-appointed on retirement.

 

Smt. Sanjula Sanghai is appointed as an Independent Director by passing Special resolution on 26th September 2018 against ordinary as matter of abundant precaution.

 

Shri. Rajagopal Raja Chinraj is appointed as Whole Time Director (Executive director) and the shareholders approved the same by passing Special resolution on 26th September 2018 as matter of abundant precaution.

 

Shri. Vivek Gangwal is re-appointed as a Independent Director by the Board and approved by Shareholders by passing Special Resolution as on 30/09/2019.

 

In view of COVID 19 the company had to operate at a very low level of capacity because of the directive to maintiain the operations with only a permitted number of persons.

 





Audit Committee Details

Whether the Audit Committee has a Regular ChairpersonYes
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks
101079807Vivek Kumar GangwalNon-Executive - Independent DirectorChairperson12-09-2014
200049344Sanjula SanghaiNon-Executive - Independent DirectorMember09-10-2018
300158832Rajagopal Raja ChinrajExecutive DirectorMember09-10-2018


Nomination and remuneration committee

Whether the Nomination and remuneration committee has a Regular ChairpersonYes
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks
101079807Vivek Kumar GangwalNon-Executive - Independent DirectorChairperson12-09-2014
200049344Sanjula SanghaiNon-Executive - Independent DirectorMember26-09-2018
300808731Pawan AgarwalNon-Executive - Non Independent DirectorMember09-10-2018


Stakeholders Relationship Committee

Whether the Stakeholders Relationship Committee has a Regular ChairpersonYes
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks
101079807Vivek Kumar GangwalNon-Executive - Independent DirectorChairperson12-09-2014
200808731Pawan AgarwalNon-Executive - Non Independent DirectorMember01-02-2015
300049344Sanjula SanghaiNon-Executive - Independent DirectorMember09-10-2018


Risk Management Committee

Whether the Risk Management Committee has a Regular Chairperson
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks
100808731Pawan AgarwalNon-Executive - Non Independent DirectorChairperson11-02-2015
201079807Vivek Kumar GangwalNon-Executive - Independent DirectorMember11-02-2015
300158832Rajagopal Raja ChinrajExecutive DirectorMember01-06-2018Textual Information(1)
499999999Vikas SharmaMemberMember01-03-2021

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Textual Information(1)

Shri. Rajagopal Raja chinraj was a member earlier and continued the same after becoming Executive Director. Accordingly the date of his appointment as Executive Director is taken here.



Corporate Social Responsibility Committee

Whether the Corporate Social Responsibility Committee has a Regular ChairpersonYes
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks
100808731Pawan AgarwalNon-Executive - Non Independent DirectorChairperson08-08-2019
200158832Rajagopal Raja ChinrajExecutive DirectorMember08-08-2019
300049344Sanjula SanghaiNon-Executive - Independent DirectorMember08-08-2019


Other Committee

SrDIN NumberName of Committee membersName of other committeeCategory 1 of directorsCategory 2 of directorsRemarks
101079807Vivek Kumar GangwalCompensation CommitteeNon-Executive - Independent DirectorChairperson
200049344Sanjula SanghaiCompensation CommitteeNon-Executive - Independent DirectorMember
300808731Pawan AgarwalCompensation CommitteeNon-Executive - Non Independent DirectorMember

Annexure 1

Annexure 1

III. Meeting of Board of Directors

Disclosure of notes on meeting of board of directors explanatoryTextual Information(1)
SrDate(s) of meeting (if any) in the previous quarterDate(s) of meeting (if any) in the current quarterMaximum gap between any two consecutive (in number of days)Notes for not providing DateWhether requirement of Quorum met (Yes/No)Number of Directors present*No. of Independent Directors attending the meeting*
112-02-2021Yes42
231-05-2021107Yes42



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Textual Information(1)

The meeting was  a routine meeting through audio/video to review the status of the company in general and also prevailing condition on account of second wave of COVID 19 pandemic and its impact on the operation of the Company. No Fianancial statement or other important sensitive information are discussed and delibreated.




Annexure 1

IV. Meeting of Committees

Disclosure of notes on meeting of committees explanatory Textual Information(1)
SrName of CommitteeDate(s) of meeting (Enter dates of Previous quarter and Current quarter in chronological order)Maximum gap between any two consecutive (in number of days)Name of other committeeReson for not providing dateWhether requirement of Quorum met (Yes/No)Number of Directors present*No. of Independent Directors attending the meeting*
1Audit Committee12-02-2021Yes32
2Audit Committee31-05-2021107Yes32
3Stakeholders Relationship Committee16-03-2021Yes32
4Stakeholders Relationship Committee28-06-2021Yes32



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Textual Information(1)

The meeting was a routine as no Financial statement and other sensitive information could be placed before the committee due to pandemic.




Annexure 1

V. Related Party Transactions

SrSubjectCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.
1Whether prior approval of audit committee obtainedYes
2Whether shareholder approval obtained for material RPTYes
3Whether details of RPT entered into pursuant to omnibus approval have been reviewed by Audit CommitteeYes
Disclosure of notes on related party transactions Textual Information(1)


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Textual Information(1)
The company has obtained shareholders approval also for Related Party Transactions as a matter abundant precaution by passing Special Resolution.



Annexure 1

VI. Affirmations

SrSubjectCompliance status (Yes/No)
1The composition of Board of Directors is in terms of SEBI (Listing obligations and disclosure requirements) Regulations, 2015Yes
2The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015 a. Audit CommitteeYes
3The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. b. Nomination & remuneration committeeYes
4The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. c. Stakeholders relationship committeeYes
5The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. d. Risk management committee (applicable to the top 500 listed entities)NA
6The committee members have been made aware of their powers, role and responsibilities as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015.Yes
7The meetings of the board of directors and the above committees have been conducted in the manner as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015.Yes
8This report and/or the report submitted in the previous quarter has been placed before Board of Directors.Yes
9Any comments/observations/advice of Board of Directors may be mentioned here:Textual Information(1)

Annexure 1

SrSubjectCompliance status
1Name of signatoryShri.Pawan Agarwal
2DesignationDirector



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Textual Information(1)
The company has constituted a Risk Management Committee even though the same is not applicable and the details of the committee are provided in the report.



Signatory Details

Name of signatoryShri.Pawan Agarwal
Designation of personDirector
PlaceMumbai
Date09-07-2021