General information about company
Scrip code 507155
Name of the entity JAGATJIT INDUSTRIES LIMITED
Date of start of financial year 01-04-2017
Date of end of financial year 31-03-2018
Reporting Quarter Quarterly
Date of Report 31-12-2017
Risk management committee Not Applicable

 

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
Is there any change in information of board of directors compare to previous quarter Yes
Sr Title (Mr / Ms) Name of the Director PAN DIN Category 1 of directors Category 2 of directors Category 3 of directors Date of appointment in the current term Date of
cessation		 Tenure of director (in months) No of Directorship in listed entities including this listed entity (Refer Regulation 25(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
1 Mr Ravi Manchanda AAJPM2225L 00152760 Executive Director Not Applicable 30-09-2014 1 2 0
2 Mrs Kiran Kapur BLOPK2635R 02491308 Non-Executive – Independent Director Not Applicable 30-09-2014 39 1 2 2
3 Mrs Anjali Varma ABSPV8831H 01250881 Non-Executive – Non Independent Director Not Applicable 27-11-2015 1 0 0
4 Mrs Sonya Jaiswal ACYPJ2254P 02626750 Non-Executive – Independent Director Not Applicable 30-11-2016 13 1 2 0

 

Annexure I

Annexure I to be submitted by listed entity on quarterly basis

I. Composition of Board of Directors
Sr Title (Mr / Ms) Name of the Director PAN DIN Category 1 of directors Category 2 of directors Category 3 of directors Date of appointment in the current term Date of
cessation		 Tenure of director (in months) No of Directorship in listed entities including this listed entity (Refer Regulation 25(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
5 Ms Roshini Sanah Jaiswal ABUPJ4012A 00887811 Executive Director Not Applicable 27-09-2017 1 0 0
6 Mr Varun Kapoor DFGPK3239P 07306034 Non-Executive – Independent Director Not Applicable 27-09-2017 14-12-2017 2 1 0 0

 

Annexure 1

II. Composition of Committees
Disclosure of notes on composition of committees explanatory
Is there any change in information of committees compare to previous quarter Yes
Sr Name Of Committee Name of Committee members Category 1 of directors Category 2 of directors Name of other committee
1 Audit Committee Mrs. Kiran Kapur Non-Executive – Independent Director Chairperson
2 Audit Committee Mr. Ravi Manchanda Executive Director Member
3 Audit Committee Ms. Sonya Jaiswal Non-Executive – Independent Director Member
4 Nomination and remuneration committee Mrs. Kiran Kapur Non-Executive – Independent Director Chairperson
5 Nomination and remuneration committee Ms. Sonya Jaiswal Non-Executive – Independent Director Member
6 Nomination and remuneration committee Mrs. Anjali Varma Non-Executive – Non Independent Director Member
7 Stakeholders Relationship Committee Mrs. Kiran Kapur Non-Executive – Independent Director Chairperson
8 Stakeholders Relationship Committee Mr. Ravi Manchanda Executive Director Member
9 Stakeholders Relationship Committee Ms. Sonya Jaiswal Non-Executive – Independent Director Member
10 Corporate Social Responsibility Committee Mrs. Kiran Kapur Non-Executive – Non Independent Director Member

 

Annexure 1

II. Composition of Committees
Sr Name Of Committee Name of Committee members Category 1 of directors Category 2 of directors Name of other committee
11 Corporate Social Responsibility Committee Mrs. Anjali Varma Non-Executive – Non Independent Director Member
12 Corporate Social Responsibility Committee Mr. Ravi Manchanda Executive Director Member

 

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)
1 01-08-2017
2 28-08-2017 26
3 14-09-2017 16
4 29-09-2017 14
5 14-12-2017 75

 

Annexure 1

IV. Meeting of Committees
Disclosure of notes on meeting of committees explanatory
Sr Name of Committee Date(s) of meeting of the committee in the relevant quarter Whether requirement of Quorum met (Yes/No) Requirement of Quorum met (details) Date(s) of meeting of the committee in the previous quarter Maximum gap between any two consecutive meetings (in number of days) Name of other committee
1 Audit Committee 14-12-2017 Yes 14-09-2017 90

 

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 Yes
3 Whether details of RPT entered into pursuant to omnibus approval have been reviewed by Audit Committee Yes
Disclosure of notes on related party transactions Textual Information(1)

 

Text Block
Textual Information(1)
The Company at the AGM held on 27.09.2017 has obtained approval of the shareholders in respect of two related party transactions for payment of remuneration to one of the directors and her relative.

 

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 100 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
9 Any comments/observations/advice of Board of Directors may be mentioned here: Textual Information(1)

 

Text Block
Textual Information(1)
Mr. Varun Kapoor, an independent director resigned from the Board on 14.12.2017. The Company is in the process of appointing another independent director. As per Rule 4 of the Companies (Appointment and Qualification of Directors) Rules, 2014, any intermittent vacancy of an independent director shall be filled-up by the Board at the earliest but not later than immediate next Board Meeting or three months from the date of such vacancy which ever is later.

 

Signatory Details
Name of signatory K K KOHLI
Designation of person Company Secretary
Place NEW DELHI
Date 08-01-2018