General information about company

Scrip code506655
NSE SymbolSUDARSCHEM
MSEI SymbolNOTLISTED
ISININE659A01023
Name of the entitySUDARSHAN CHEMICAL INDUSTRIES LIMITED
Date of start of financial year01-04-2023
Date of end of financial year31-03-2024
Reporting QuarterQuarterly
Date of Report30-06-2023
Risk management committeeApplicable
Market Capitalisation as per immediate previous Financial YearTop 1000 listed entities



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)
Whether the listed entity has a Regular ChairpersonYes
Whether Chairperson is related to MD or CEONoDisqualification of Directors under section 164 of the Companies Act, 2013
SrTitle (Mr / Ms)Name of the DirectorPANDINCategory 1 of directorsCategory 2 of directorsCategory 3 of directors Date of BirthWhether the director is disqualified?Start Date of disqualificationEnd Date of disqualificationDetails of disqualificationCurrent statusWhether 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
1MrPRADEEP RAMWILAS RATHIAARPR3934M00018577Non-Executive - Non Independent DirectorChairperson related to Promoter20-05-1953NoNA08-11-199506-08-20214341
2MrRAJESH BALKRISHNA RATHIABDPR2556A00018628Executive DirectorNot ApplicableMD13-11-1968NoNA23-05-200801-06-20231010
3MrANUJ NARAYANDAS RATHIAAHPR4177L00018683Non-Executive - Non Independent DirectorNot Applicable03-09-1971NoNA08-08-201909-08-20221000
4MrDARA N DAMANIAABMPD2673D00403834Non-Executive - Independent DirectorNot Applicable02-12-1936NoYes07-08-201909-08-201407-08-20191063362



I. Composition of Board of Directors

Disclosure of notes on composition of board of directors explanatory

Whether the listed entity has a Regular Chairperson

SrTitle (Mr / Ms)Name of the DirectorPANDINCategory 1 of directorsCategory 2 of directorsCategory 3 of directors Date of BirthWhether the director is disqualified?Start Date of disqualificationEnd Date of disqualificationDetails of disqualificationCurrent statusWhether 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
5MrS PADMANABHANAEGPS3170P00001207Non-Executive - Independent DirectorNot Applicable01-09-1939NoYes07-08-201909-08-201407-08-20191062262
6MrSANJAY K ASHERADQPA0146C00008221Non-Executive - Independent DirectorNot Applicable26-11-1963NoNA09-08-201407-08-201910677104
7MrsRATI F FORBESAAAPF6801A00137326Non-Executive - Independent DirectorNot Applicable23-03-1957NoNA09-08-201407-08-20191061110
8MrsSHUBHALAKSHMI PANSEAFEPP0393L02599310Non-Executive - Independent DirectorNot Applicable28-01-1954NoNA14-08-201514-08-2020943331



I. Composition of Board of Directors

Disclosure of notes on composition of board of directors explanatory

Whether the listed entity has a Regular Chairperson

SrTitle (Mr / Ms)Name of the DirectorPANDINCategory 1 of directorsCategory 2 of directorsCategory 3 of directors Date of BirthWhether the director is disqualified?Start Date of disqualificationEnd Date of disqualificationDetails of disqualificationCurrent statusWhether 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
9MrNARESH RAISINGHANIAADPR6196D00568298Non-Executive - Independent DirectorNot Applicable18-04-1965NoNA09-08-201824-05-2023581100
10MrASHISH VIJABGPV6978B08140194Executive DirectorNot Applicable02-05-1970NoNA24-05-201824-05-20231000
11MrDEEPAK PARIKHCFHPP3780E06504537Non-Executive - Independent DirectorNot Applicable25-07-1961NoNA01-04-201901-04-2019512220



Text Block

Textual Information(1)
The Board of Directors at its meeting held on 23rd May, 2023, (i) re-appointed Mr. Rajesh B. Rathi (DIN: 00018628), as Managing Director for a term of 5 years effective 1st June, 2023; (ii) re-appointed Mr. Ashish Vij (DIN: 08140194), as Wholetime Director for a term of 5 years effective 24th May, 2023; (iii) re-appointed Mr. N. T. Raisinghani (DIN: 00568298) as Independent Director for second term of 5 years effective 24th May, 2023; and (iv) re-appointed Dr. D. Parikh (DIN: 06504537) as Independent Director for second term of 5 years effective 1st April, 2024; subject to approval of shareholders at the ensuing Annual General Meeting scheduled on 11th August, 2023.




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
102599310SHUBHALAKSHMI PANSENon-Executive - Independent DirectorChairperson24-05-2018
200403834DARA N DAMANIANon-Executive - Independent DirectorMember13-02-2015
300008221SANJAY K ASHERNon-Executive - Independent DirectorMember23-05-2014
400001207S PADMANABHANNon-Executive - Independent DirectorMember09-02-2023


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
100403834DARA N DAMANIANon-Executive - Independent DirectorChairperson29-07-2003
200008221SANJAY K ASHERNon-Executive - Independent DirectorMember23-05-2014
300568298NARESH RAISINGHANINon-Executive - Independent DirectorMember24-05-2018
400137326RATI F FORBESNon-Executive - Independent DirectorMember24-05-2018


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
100008221SANJAY K ASHERNon-Executive - Independent DirectorChairperson14-11-2014
200018577PRADEEP RAMWILAS RATHINon-Executive - Non Independent DirectorMember23-05-2014
300018628RAJESH BALKRISHNA RATHIExecutive DirectorMember04-08-2017


Risk Management Committee

Whether the Risk Management Committee has a Regular ChairpersonYes
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks
100403834DARA N DAMANIANon-Executive - Independent DirectorChairperson13-11-2014
200001207S PADMANABHANNon-Executive - Independent DirectorMember14-11-2014
300568298NARESH RAISINGHANINon-Executive - Independent DirectorMember30-01-2016
402599310SHUBHALAKSHMI PANSENon-Executive - Independent DirectorMember30-01-2016
500018577PRADEEP RAMWILAS RATHINon-Executive - Non Independent DirectorMember14-11-2014
600018628RAJESH BALKRISHNA RATHIExecutive DirectorMember14-11-2014
708140194ASHISH VIJExecutive DirectorMember14-11-2014
800000000NILKANTH NATUChief Financial OfficerMember07-08-2020Textual Information(1)

Sr Text Block

Textual Information(1)
Mr. Nilkanth Natu is not a Director of the Company but is acting as a Member of the Risk Management Committee.


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
100137326RATI F FORBESNon-Executive - Independent DirectorChairperson23-05-2014
200018577PRADEEP RAMWILAS RATHINon-Executive - Non Independent DirectorMember23-05-2014
300018628RAJESH BALKRISHNA RATHIExecutive DirectorMember23-05-2014


Other Committee

SrDIN NumberName of Committee membersName of other committeeCategory 1 of directorsCategory 2 of directorsRemarks

Annexure 1

Annexure 1

III. Meeting of Board of Directors

Disclosure of notes on meeting of board of directors explanatory
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)Total Number of Directors as on date of the meetingNumber of Directors present* (All directors including Independent Director)No. of Independent Directors attending the meeting*
109-02-2023Yes11106
221-03-202339Yes11106
305-04-202314Yes1195
423-05-2023Yes11117



Annexure 1

IV. Meeting of Committees

Disclosure of notes on meeting of committees explanatory
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)Total Number of Directors in the Committee as on date of the meetingNumber of Directors Present (All Directors including Independent Director)No. of Independent Directors attending the meeting* No. of members attending the meeting (other than Board of Directors)
1Audit Committee09-02-2023Yes3330
2Audit Committee23-05-2023102Yes4330
3Nomination and remuneration committee15-05-2023Yes4440
4Risk Management Committee28-02-2023Yes7641
5Corporate Social Responsibility Committee15-05-202375Yes3310



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 RPTNA
3Whether details of RPT entered into pursuant to omnibus approval have been reviewed by Audit CommitteeYes
Disclosure of notes of material transaction with related partyTextual Information(1)


Text Block

Textual Information(1)
During the quarter ended 30th June, 2023, there was no occasion for securing approval from shareholders. Material Transactions, if any, have been entered into in terms of existing approval of the shareholders.



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 1000 listed entities)Yes
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

Annexure 1

SrSubjectCompliance status
1Name of signatoryMANDAR VELANKAR
2DesignationCompany Secretary and Compliance Officer



Text Block




Signatory Details

Name of signatoryMANDAR VELANKAR
Designation of personCompany Secretary and Compliance Officer
PlacePUNE
Date21-07-2023