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 QuarterHalf Yearly
Date of Report30-09-2020
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 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
1MrPRADEEP RAMWILAS RATHIAARPR3934M00018577Non-Executive - Non Independent DirectorChairperson related to Promoter20-05-1953NA08-11-19954362
2MrRAJESH BALKRISHNA RATHIABDPR2556A00018628Executive DirectorNot Applicable13-11-1968NA23-05-20081010
3MrANUJ NARAYANDAS RATHIAAHPR4177L00018683Non-Executive - Non Independent DirectorNot Applicable03-09-1971NA08-08-20191000
4MrSHRIKRISHNA N INAMDARAAAPI1052J00025180Non-Executive - Independent DirectorNot Applicable06-05-1945Yes07-08-201909-08-201407-08-2019731110



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
5MrDARA N DAMANIAABMPD2673D00403834Non-Executive - Independent DirectorNot Applicable02-12-1936Yes07-08-201909-08-201407-08-2019733361
6MrS PADMANABHANAEGPS3170P00001207Non-Executive - Independent DirectorNot Applicable01-09-1939Yes07-08-201909-08-201407-08-2019734442
7MrSANJAY K ASHERADQPA0146C00008221Non-Executive - Independent DirectorNot Applicable26-11-1963NA09-08-201407-08-2019737774
8MrsRATI F FORBESAAAPF6801A00137326Non-Executive - Independent DirectorNot Applicable23-03-1957NA09-08-201407-08-2019731100



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
9MrsSHUBHALAKSHMI PANSEAFEPP0393L02599310Non-Executive - Independent DirectorNot Applicable28-01-1954NA14-08-201514-08-2020615543
10MrNARESH RAISINGHANIAADPR6196D00568298Non-Executive - Independent DirectorNot Applicable18-04-1965NA09-08-2018251100
11MrASHISH VIJABGPV6978B08140194Executive DirectorNot Applicable02-05-1970NA24-05-20181000
12MrDEEPAK PARIKHCFHPP3780E06504537Non-Executive - Independent DirectorNot Applicable25-07-1961NA01-04-2019182200



Text Block

Textual Information(1)
At the 69th AGM held on 4th September, 2020, the following Directors were appointed / reappointed -
 
1. Mr. A. Vij, who was liable to retire by rotation, was reappointed as a Director liable to retire by rotation;
 
2. The status of directorship of Mr. P. R. Rathi was changed to 'Director liable to retire by rotation' in lieu of 'Director not liable to retire by rotation';
 
3. Mr. A. N. Rathi, who was appointed as an Additional Director w.e.f. 8th August, 2019, was appointed as a Non - Executive and Non - Independent Director, liable to retire by rotation w.e.f. 4th September, 2020;
 
4. Mrs. S. A. Panse who was appointed as an Independent Director from 14th August, 2015 to 13th August, 2020, was reappointed as an Independent Director for a second term of 5 years from 14th August, 2020 to 13th August, 2025    




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
200025180SHRIKRISHNA N INAMDARNon-Executive - Independent DirectorMember31-01-2001
300403834DARA N DAMANIANon-Executive - Independent DirectorMember13-02-2015
400008221SANJAY 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
200025180SHRIKRISHNA N INAMDARNon-Executive - Independent DirectorMember23-05-2014
300008221SANJAY K ASHERNon-Executive - Independent DirectorMember23-05-2014
400568298NARESH RAISINGHANINon-Executive - Independent DirectorMember24-05-2018
500137326RATI 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 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)Number of Directors present*No. of Independent Directors attending the meeting*
125-05-2020Yes128
222-06-202027Yes128
328-07-202035Yes117
407-08-20209Yes128



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)Number of Directors present*No. of Independent Directors attending the meeting*
1Audit Committee22-06-2020Yes44
2Audit Committee28-07-2020Yes44
3Audit Committee07-08-2020Yes44
4Nomination and remuneration committee06-04-2020Yes44
5Nomination and remuneration committee22-06-2020Yes55
6Nomination and remuneration committee23-06-2020Yes55



Annexure 1

IV. Meeting of Committees

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*
7Nomination and remuneration committee28-07-2020Yes55
8Stakeholders Relationship Committee08-06-2020Yes33



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 III

III. Affirmations

SrParticularsRegulation NumberCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.
1Copy of the annual report including balance sheet, profit and loss account, directors report, corporate governance report, business responsibility report displayed on website46(2)Yes
2Presence of Chairperson of Audit Committee at the Annual General Meeting18(1)(d)Yes
3Presence of Chairperson of the nomination and remuneration committee at the annual general meeting19(3)Yes
4Presence of Chairperson of the Stakeholder Relationship committee at the annual general meeting20(3) Yes
5Whether “Corporate Governance Report” disclosed in Annual Report34(3) read with para C of Schedule VYes
Any other information to be provided




Annexure III

1Name of signatoryMandar Velankar
2DesignationCompany Secretary and Compliance Officer



Signatory Details

Name of signatoryMANDAR VELANKAR
Designation of personCompany Secretary and Compliance Officer
PlacePUNE
Date13-10-2020