General information about company | |
| Scrip code | 522273 |
| NSE Symbol | |
| MSEI Symbol | |
| ISIN | INE868C01018 |
| Name of the entity | Ahmedabad Steelcraft Limited |
| Date of start of financial year | 01-04-2020 |
| Date of end of financial year | 31-03-2021 |
| Reporting Quarter | Quarterly |
| Date of Report | 31-12-2020 |
| Risk management committee | Not Applicable |
| Market Capitalisation as per immediate previous Financial Year | Any 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 explanatory | ||||||||||||||||||||
| Wether the listed entity has a Regular Chairperson | Yes | |||||||||||||||||||
| Whether Chairperson is related to MD or CEO | No | |||||||||||||||||||
| Sr | Title (Mr / Ms) | Name of the Director | PAN | DIN | Category 1 of directors | Category 2 of directors | Category 3 of directors | Date of Birth | Whether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations] | Date of passing special resolution | Initial Date of appointment | Date of Re-appointment | Date of cessation | Tenure 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 Regulations | Number 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 PAN | Notes for not providing DIN |
| 1 | Mr | ASHOK CHANDRAKANT GANDHI | ABCPG5178J | 00022507 | Non-Executive - Independent Director | Chairperson | 14-12-1939 | Yes | 22-08-2019 | 10-06-1994 | 03-09-2019 | 75 | 4 | 4 | 6 | 0 | ||||
| 2 | Mr | DARSHAN ASHOK JHAVERI | AATPJ9033F | 00489773 | Executive Director | Not Applicable | MD | 09-01-1965 | NA | 29-06-1995 | 1 | 0 | 2 | 0 | ||||||
| 3 | Mr | SHASHANK INDULAL SHAH | ACKPS0416L | 00545449 | Executive Director | Not Applicable | 07-04-1949 | NA | 21-09-2012 | 1 | 0 | 0 | 0 | |||||||
| 4 | Mr | ANAND NAVINCHANDRA JHAVERI | AATPJ9031H | 00489833 | Executive Director | Not Applicable | 15-02-1970 | NA | 20-03-1995 | 1 | 0 | 0 | 0 | |||||||
I. Composition of Board of Directors | ||||||||||||||||||||
Disclosure of notes on composition of board of directors explanatory | ||||||||||||||||||||
Wether the listed entity has a Regular Chairperson | ||||||||||||||||||||
| Sr | Title (Mr / Ms) | Name of the Director | PAN | DIN | Category 1 of directors | Category 2 of directors | Category 3 of directors | Date of Birth | Whether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations] | Date of passing special resolution | Initial Date of appointment | Date of Re-appointment | Date of cessation | Tenure 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 Regulations | Number 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 PAN | Notes for not providing DIN |
| 5 | Mrs | NEETABEN G SHAH | ADFPS9286G | 03225876 | Executive Director | Not Applicable | 16-07-1943 | NA | 03-09-2015 | 1 | 0 | 0 | 0 | |||||||
| 6 | Mr | SHREYAS CHINUBHAI SHETH | ACTPS7669G | 00009350 | Non-Executive - Independent Director | Not Applicable | 16-06-1957 | NA | 29-05-2018 | 27 | 1 | 1 | 0 | 0 | ||||||
| 7 | Mr | SHRUJAL S PATEL | AAWPP5119R | 02087840 | Non-Executive - Independent Director | Not Applicable | 07-05-1964 | NA | 24-07-2018 | 27 | 1 | 1 | 2 | 2 | ||||||
| 8 | Mr | KARTIKEYA SHAH SHASHANKBHAI | ACKPS9294A | 01988972 | Non-Executive - Non Independent Director | Not Applicable | 14-05-1977 | NA | 17-05-2019 | 1 | 0 | 0 | 0 | |||||||
I. Composition of Board of Directors | ||||||||||||||||||||
Disclosure of notes on composition of board of directors explanatory | ||||||||||||||||||||
Wether the listed entity has a Regular Chairperson | ||||||||||||||||||||
| Sr | Title (Mr / Ms) | Name of the Director | PAN | DIN | Category 1 of directors | Category 2 of directors | Category 3 of directors | Date of Birth | Whether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations] | Date of passing special resolution | Initial Date of appointment | Date of Re-appointment | Date of cessation | Tenure 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 Regulations | Number 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 PAN | Notes for not providing DIN |
| 9 | Mr | ANIRUDDH DARSHANBHAI JHAVERI | AJYPJ5838J | 08076497 | Non-Executive - Non Independent Director | Not Applicable | 09-01-1993 | NA | 17-05-2019 | 1 | 0 | 1 | 0 | |||||||
Audit Committee Details | |||||||
| Whether the Audit Committee has a Regular Chairperson | Yes | ||||||
| Sr | DIN Number | Name of Committee members | Category 1 of directors | Category 2 of directors | Date of Appointment | Date of Cessation | Remarks |
| 1 | 02087840 | SHRUJAL S PATEL | Non-Executive - Independent Director | Chairperson | 09-08-2018 | ||
| 2 | 00022507 | ASHOK CHANDRAKANT GANDHI | Non-Executive - Independent Director | Member | 04-09-2014 | ||
| 3 | 00489773 | DARSHAN ASHOK JHAVERI | Executive Director | Member | 04-01-2006 | ||
Nomination and remuneration committee | |||||||
| Whether the Nomination and remuneration committee has a Regular Chairperson | Yes | ||||||
| Sr | DIN Number | Name of Committee members | Category 1 of directors | Category 2 of directors | Date of Appointment | Date of Cessation | Remarks |
| 1 | 02087840 | SHRUJAL S PATEL | Non-Executive - Independent Director | Chairperson | 09-08-2018 | ||
| 2 | 00022507 | ASHOK CHANDRAKANT GANDHI | Non-Executive - Independent Director | Member | 04-09-2014 | ||
| 3 | 00009350 | SHREYAS CHINUBHAI SHETH | Non-Executive - Independent Director | Member | 02-11-2018 | ||
Stakeholders Relationship Committee | |||||||
| Whether the Stakeholders Relationship Committee has a Regular Chairperson | Yes | ||||||
| Sr | DIN Number | Name of Committee members | Category 1 of directors | Category 2 of directors | Date of Appointment | Date of Cessation | Remarks |
| 1 | 02087840 | SHRUJAL S PATEL | Non-Executive - Independent Director | Chairperson | 09-08-2018 | ||
| 2 | 00489773 | DARSHAN ASHOK JHAVERI | Executive Director | Member | 04-01-2006 | ||
| 3 | 08076497 | ANIRUDDH DARSHANBHAI JHAVERI | Non-Executive - Non Independent Director | Member | 17-05-2019 | ||
Risk Management Committee | |||||||
| Whether the Risk Management Committee has a Regular Chairperson | |||||||
| Sr | DIN Number | Name of Committee members | Category 1 of directors | Category 2 of directors | Date of Appointment | Date of Cessation | Remarks |
Corporate Social Responsibility Committee | |||||||
| Whether the Corporate Social Responsibility Committee has a Regular Chairperson | |||||||
| Sr | DIN Number | Name of Committee members | Category 1 of directors | Category 2 of directors | Date of Appointment | Date of Cessation | Remarks |
Other Committee | ||||||
| Sr | DIN Number | Name of Committee members | Name of other committee | Category 1 of directors | Category 2 of directors | Remarks |
Annexure 1 | |||||||
Annexure 1 | |||||||
III. Meeting of Board of Directors | |||||||
| Disclosure of notes on meeting of board of directors explanatory | |||||||
| Sr | Date(s) of meeting (if any) in the previous quarter | Date(s) of meeting (if any) in the current quarter | Maximum gap between any two consecutive (in number of days) | Notes for not providing Date | Whether requirement of Quorum met (Yes/No) | Number of Directors present* | No. of Independent Directors attending the meeting* |
| 1 | 18-08-2020 | Yes | 8 | 3 | |||
| 2 | 04-11-2020 | 77 | Yes | 8 | 2 | ||
Annexure 1 | ||||||||
IV. Meeting of Committees | ||||||||
| Disclosure of notes on meeting of committees explanatory | Textual Information(1) | |||||||
| Sr | Name of Committee | Date(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 committee | Reson for not providing date | Whether requirement of Quorum met (Yes/No) | Number of Directors present* | No. of Independent Directors attending the meeting* |
| 1 | Audit Committee | 18-08-2020 | Yes | 3 | 2 | |||
| 2 | Audit Committee | 04-11-2020 | 77 | No | 2 | 1 | ||
| 3 | Stakeholders Relationship Committee | 08-09-2020 | Yes | 3 | 1 | |||
| 4 | Stakeholders Relationship Committee | 14-10-2020 | Yes | 3 | 1 | |||
| 5 | Stakeholders Relationship Committee | 26-10-2020 | Yes | 3 | 1 | |||
| 6 | Stakeholders Relationship Committee | 20-11-2020 | Yes | 3 | 1 | |||
Annexure 1 | ||||||||
IV. Meeting of Committees | ||||||||
| Sr | Name of Committee | Date(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 committee | Reson for not providing date | Whether requirement of Quorum met (Yes/No) | Number of Directors present* | No. of Independent Directors attending the meeting* |
| 7 | Stakeholders Relationship Committee | 04-12-2020 | Yes | 3 | 1 | |||
Text Block | |||||||||||||||||||
| Textual Information(1) | Clarification as to requirement of Quorum for Audit Committee Meeting held on 4th November, 2020. The Copy of email Dated 3rd November, 2020 received from Shri Shrujal Patel regarding his inability to attend the meeting as he was abroad and timings were not suitable to him and confirming the decision to be taken in the Audit Committee meeting held on 4th November, 2020 and the same was taken note of by Shri Darshan Jhaveri the Managing Director of the Company who read out the email before Shri Ashok Gandhi present through Video Conferencing. Taking into the consideration the mail of Shri Shrujal Patel it was decided to grant the leave of absence and thereafter Shri Darshan Jhaveri requested Shri Ashok Gandhi to take the note of the said leave and occupy and conduct the proceedings of the meeting as the chairman of this meeting. Then in the said meeting, shri Darshan Jhaveri, proposed to pass the circular Resolution dated 4th November, 2020. The copy of the Draft Circular Resolution was placed on the table and approved by the Committee.
Circular Resolution for Audit Committee of Ahmedabad Steel craft Limited held passed on 4th November, 2020
Subject: Ratification of the decision taken at the Audit Committee meeting held on 4th November, 2020. The Company has received the email of Shri Shrujal Patel confirming his inability to attend the meeting as he is abroad and the timing of the Audit Committee meeting is not suitable for video conferencing. The undersigned propose to pass the following resolution as if the same is passed in the meeting so that there is compliance of regulation 18(2)(b) of SEBI (LODR) Regulations, 2015. The undersigned request to sign the said resolution against their name as due compliance of LODR regulations. RESOLVED THAT the following decision taken at Audit Committee meeting of the Company held on 4th November, 2020 be ratified and passed as if the same has been passed in the meeting of Audit Committee.
The Said circular Resolution will be ratified and confirmed in the upcoming Audit Committee Meeting for the unaudited results for the quarter ending on 31.12.2020 | ||||||||||||||||||
Annexure 1 | |||
V. Related Party Transactions | |||
| Sr | Subject | Compliance status (Yes/No/NA) | If status is “No” details of non-compliance may be given here. |
| 1 | Whether prior approval of audit committee obtained | Yes | |
| 2 | Whether shareholder approval obtained for material RPT | NA | |
| 3 | Whether details of RPT entered into pursuant to omnibus approval have been reviewed by Audit Committee | NA | |
Annexure 1 | ||
VI. Affirmations | ||
| Sr | Subject | Compliance status (Yes/No) |
| 1 | The composition of Board of Directors is in terms of SEBI (Listing obligations and disclosure requirements) Regulations, 2015 | Yes |
| 2 | The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015 a. Audit Committee | Yes |
| 3 | The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. b. Nomination & remuneration committee | Yes |
| 4 | The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. c. Stakeholders relationship committee | Yes |
| 5 | The 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 |
| 6 | The committee members have been made aware of their powers, role and responsibilities as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015. | Yes |
| 7 | The 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 |
| 8 | This report and/or the report submitted in the previous quarter has been placed before Board of Directors. | Yes |
Annexure 1 | ||
| Sr | Subject | Compliance status |
| 1 | Name of signatory | Vinita Ravikumar Bhatia |
| 2 | Designation | Company Secretary and Compliance Officer |
Signatory Details | |
| Name of signatory | Vinita Ravikumar Bhatia |
| Designation of person | Company Secretary and Compliance Officer |
| Place | Ahmedabad |
| Date | 07-01-2021 |