General information about company

Scrip code506655
NSE SymbolSUDARSCHEM
MSEI SymbolNOTLISTED
ISININE659A01023
Name of the entitySUDARSHAN CHEMICAL INDUSTRIES LIMITED
Date of start of financial year01-04-2020
Date of end of financial year31-03-2021
Reporting QuarterYearly
Date of Report31-03-2021
Risk management committeeApplicable
Market Capitalisation as per immediate previous Financial YearTop 500 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)
Wether the listed entity has a Regular ChairpersonYes
Whether Chairperson is related to MD or CEOYes
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
1MrPRADEEP RAMWILAS RATHIAARPR3934M00018577Non-Executive - Non Independent DirectorChairperson related to Promoter20-05-1953NA08-11-199501-06-20184362
2MrRAJESH BALKRISHNA RATHIABDPR2556A00018628Executive DirectorNot ApplicableMD13-11-1968NA23-05-200801-06-20181010
3MrANUJ NARAYANDAS RATHIAAHPR4177L00018683Non-Executive - Non Independent DirectorNot Applicable03-09-1971NA08-08-201904-09-20201000
4MrDARA N DAMANIAABMPD2673D00403834Non-Executive - Independent DirectorNot Applicable02-12-1936Yes07-08-201909-08-201407-08-2019793362



I. Composition of Board of Directors

Disclosure of notes on composition of board of directors explanatory

Wether 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 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 Applicable01-09-1939Yes07-08-201909-08-201407-08-2019793342
6MrSANJAY K ASHERADQPA0146C00008221Non-Executive - Independent DirectorNot Applicable26-11-1963NA09-08-201407-08-2019797774
7MrsRATI F FORBESAAAPF6801A00137326Non-Executive - Independent DirectorNot Applicable23-03-1957NA09-08-201407-08-2019791110
8MrsSHUBHALAKSHMI PANSEAFEPP0393L02599310Non-Executive - Independent DirectorNot Applicable28-01-1954NA14-08-201514-08-2020674442



I. Composition of Board of Directors

Disclosure of notes on composition of board of directors explanatory

Wether 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 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 Applicable18-04-1965NA09-08-201809-08-2018311100
10MrASHISH VIJABGPV6978B08140194Executive DirectorNot Applicable02-05-1970NA24-05-201804-09-20201000
11MrDEEPAK PARIKHCFHPP3780E06504537Non-Executive - Independent DirectorNot Applicable25-07-1961NA01-04-201901-04-2019242200



Text Block

Textual Information(1)
Mr. S. N. Inamdar, Independent Director of the Company resigned effective 20th November, 2020.
 
This was reported in the Corporate Governance Report filed for quarter ended 31st December, 2020.
 



Annexure 1

II. Composition of Committees

Disclosure of notes on composition of committees explanatoryTextual Information(1)

Annexure 1 Text Block

Textual Information(1)
Mr. S. N. Inamdar, Independent Director and Member of the Audit Committee and Nomination and Remuneration Committee of the Company resigned effective 20th November, 2020.
 
This was reported in the Corporate Governance Report filed for the quarter ended 31st December, 2020.


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


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
800000000VIVEK V THAKURMemberMember14-11-2014
900000000NILKANTH NATUMemberMember07-08-2020


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 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*
123-10-2020Yes128
228-01-202196Yes117



Text Block

Textual Information(1)
Mr. S. N. Inamdar, Independent Director and member of the Audit Committee and Nomination and Remuneration Committee of the Company resigned effective 20th November, 2020.
 
This was reported in the Corporate Governance Report filed for the quarter ended 31st December, 2020.



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 Committee23-10-2020Yes44
2Audit Committee28-01-202196Yes33
3Nomination and remuneration committee23-10-2020Yes55
4Corporate Social Responsibility Committee04-03-2021Yes31
5Stakeholders Relationship Committee30-03-2021Yes31
6Risk Management Committee29-03-2021Yes44



Text Block

Textual Information(1)
Mr. S. N. Inamdar, Independent Director and member of the Audit Committee and Nomination and Remuneration Committee of the Company resigned effective 20th November, 2020.
 
This was reported in the Corporate Governance Report filed for the quarter ended 31st December, 2020.



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, there was no occasion for securing approval from shareholders. Material Transactions 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 500 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




Annexure II

Annexure II to be submitted by listed entity at the end of the financial year (for the whole of financial year)

I. Disclosure on website in terms of Listing Regulations

SrItemCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.Web address
1Details of businessYeshttps://www.sudarshan.com/about-us.php
2Terms and conditions of appointment of independent directorsYeshttps://www.sudarshan.com/company-policies.php
3Composition of various committees of board of directorsYeshttps://www.sudarshan.com/board-of-directors.php
4Code of conduct of board of directors and senior management personnelYeshttps://www.sudarshan.com/company-policies.php
5Details of establishment of vigil mechanism/ Whistle Blower policyYeshttps://www.sudarshan.com/company-policies.php
6Criteria of making payments to non-executive directorsYeshttps://www.sudarshan.com/company-policies.php
7Policy on dealing with related party transactionsYeshttps://www.sudarshan.com/company-policies.php
8Policy for determining ‘material’ subsidiariesYeshttps://www.sudarshan.com/company-policies.php
9Details of familiarization programmes imparted to independent directorsYeshttps://www.sudarshan.com/company-policies.php

Annexure II

Annexure II to be submitted by listed entity at the end of the financial year (for the whole of financial year)

I. Disclosure on website in terms of Listing Regulations

SrItemCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.Web address
10Contact information of the designated officials of the listed entity who are responsible for assisting and handling investor grievancesYeshttps://www.sudarshan.com/investors-contact.php
11email address for grievance redressal and other relevant detailsYeshttps://www.sudarshan.com/investors-contact.php
12Financial resultsYeshttps://www.sudarshan.com/financial-reports-information.php
13Shareholding patternYeshttps://www.sudarshan.com/shareholding-patterns.php
14Details of agreements entered into with the media companies and/or their associatesNA
15Schedule of analyst or institutional investor meet and presentations made by the listed entity to analysts or institutional investors simultaneously with submission to stock exchangeYeshttps://www.sudarshan.com/analysts-foreign-institutional-investors-calls.php
16New name and the old name of the listed entityNA
17Advertisements as per regulation 47 (1)Yeshttps://www.sudarshan.com/notices.php
18Credit rating or revision in credit rating obtainedYeshttps://www.sudarshan.com/notices.php
19Separate audited financial statements of each subsidiary of the listed entity in respect of a relevant financial yearYeshttps://www.sudarshan.com/financial-reports-information.php
20Whether company has provided information under separate section on its website as per Regulation 46(2)Yeswww.sudarshan.com
21Materiality Policy as per Regulation 30Yeshttps://www.sudarshan.com/company-policies.php
22Dividend Distribution policy as per Regulation 43A (as applicable)Yeshttps://www.sudarshan.com/company-policies.php
23It is certified that these contents on the website of the listed entity are correctYeswww.sudarshan.com


Annexure II

II. Annual Affirmations

SrParticularsRegulation NumberCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.
1Independent director(s) have been appointed in terms of specified criteria of ‘independence’ and/or ‘eligibility’16(1)(b) & 25(6)Yes
2Board composition17(1), 17(1A) & 17(1B)Yes
3Meeting of Board of directors17(2)Yes
4Quorum of Board meeting17(2A)Yes
5Review of Compliance Reports17(3)Yes
6Plans for orderly succession for appointments17(4)Yes
7Code of Conduct17(5)Yes
8Fees/compensation17(6)Yes
9Minimum Information17(7)Yes
10Compliance Certificate17(8)Yes

Annexure II

II. Annual Affirmations

SrParticularsRegulation NumberCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.
11Risk Assessment & Management17(9)Yes
12Performance Evaluation of Independent Directors17(10)Yes
13Recommendation of Board17(11)Yes
14Maximum number of Directorships17AYes
15Composition of Audit Committee18(1)Yes
16Meeting of Audit Committee18(2)Yes
17Composition of nomination & remuneration committee19(1) & (2)Yes
18Quorum of Nomination and Remuneration Committee meeting19(2A)Yes
19Meeting of Nomination and Remuneration Committee19(3A)Yes
20Composition of Stakeholder Relationship Committee20(1), 20(2) & 20(2A)Yes

Annexure II

II. Annual Affirmations

SrParticularsRegulation NumberCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.
21Meeting of Stakeholders Relationship Committee20(3A)Yes
22Composition and role of risk management committee21(1),(2),(3),(4)Yes
23Meeting of Risk Management Committee21(3A)Yes
24Vigil Mechanism22Yes
25Policy for related party Transaction23(1),(1A),(5),(6),(7) & (8)Yes
26Prior or Omnibus approval of Audit Committee for all related party transactions23(2), (3)Yes
27Approval for material related party transactions23(4)NA
28Disclosure of related party transactions on consolidated basis23(9)Yes
29Composition of Board of Directors of unlisted material Subsidiary24(1)NA
30Other Corporate Governance requirements with respect to subsidiary of listed entity24(2),(3),(4),(5) & (6)Yes

Annexure II

II. Annual Affirmations

SrParticularsRegulation NumberCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.
31Annual Secretarial Compliance Report24(A)Yes
32Alternate Director to Independent Director25(1)NA
33Maximum Tenure25(2)Yes
34Meeting of independent directors25(3) & (4)Yes
35Familiarization of independent directors25(7)Yes
36Declaration from Independent Director25(8) & (9)Yes
37D & O Insurance for Independent Directors25(10)Yes
38Memberships in Committees26(1)Yes
39Affirmation with compliance to code of conduct from members of Board of Directors and Senior management personnel26(3)Yes
40Disclosure of Shareholding by Non-Executive Directors26(4)Yes
41Policy with respect to Obligations of directors and senior management26(2) & 26(5)Yes
Any other information to be provided - Add Notes




Annexure II

1Name of signatoryMandar Velankar
2DesignationCompany Secretary and Compliance Officer



Annexure II

III. Affirmations

SrParticularsCompliance status (Yes/No/NA)
1The Listed Entity has approved Material Subsidiary Policy and the Corporate Governance requirements with respect to subsidiary of Listed Entity have been compliedYes
Any other information to be provided




Annexure II

1Name of signatoryMandar Velankar
2DesignationCompany Secretary and Compliance Officer



Signatory Details

Name of signatoryMandar Velankar
Designation of personCompany Secretary and Compliance Officer
PlacePune
Date13-04-2021