General information about company

Scrip code519397
NSE Symbol
MSEI Symbol
ISININE220Z01013
Name of the entitySHARAT INDUSTRIES LIMITED
Date of start of financial year01-04-2019
Date of end of financial year31-03-2020
Reporting QuarterHalf Yearly
Date of Report30-09-2019
Risk management committeeNot Applicable
Market Capitalisation as per immediate previous Financial YearAny 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 ChairpersonNo
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 BirthInitial 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
1MrPRASAD REDDY SABBELLAAMRPS2072B00069094Executive DirectorNot ApplicableMD27-06-195607-05-199001-04-20181000
2MrSABBELLA SHARAT REDDYBQFPS9213R02929724Executive DirectorNot Applicable10-07-198931-01-201328-09-20171000
3MrMALISETTY BABU RAJENDRA PRASADAFNPM0742H00072642Non-Executive - Independent DirectorNot Applicable16-01-195301-10-201030-09-201429-09-2019601121
4MrVEERRAJU MANDAACEPM0505C03164917Non-Executive - Independent DirectorNot Applicable03-09-195325-08-201030-09-201429-09-2019600121



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 BirthInitial 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
5MrsDURGA THOTAAGLPJ4398M07138565Non-Executive - Independent DirectorNot Applicable18-04-196615-07-201615-07-2016370121




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
107138565DURGA THOTANon-Executive - Independent DirectorChairperson15-07-2016
200072642MALISETTY BABU RAJENDRA PRASADNon-Executive - Independent DirectorMember15-07-201629-09-2019
303164917VEERRAJU MANDANon-Executive - Independent DirectorMember15-07-201629-09-2019


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
100072642MALISETTY BABU RAJENDRA PRASADNon-Executive - Independent DirectorChairperson15-07-2016
203164917VEERRAJU MANDANon-Executive - Independent DirectorMember15-07-201629-09-2019
307138565DURGA THOTANon-Executive - Independent DirectorMember15-07-201629-09-2019


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
103164917VEERRAJU MANDANon-Executive - Independent DirectorChairperson15-07-2016
200072642MALISETTY BABU RAJENDRA PRASADNon-Executive - Independent DirectorMember15-07-201629-09-2019
307138565DURGA THOTANon-Executive - Independent DirectorMember15-07-201629-09-2019


Risk Management Committee

Whether the Risk Management Committee has a Regular Chairperson
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks


Corporate Social Responsibility Committee

Whether the Corporate Social Responsibility Committee has a Regular ChairpersonNo
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks


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*
117-05-2019Yes21
227-05-20199Yes22
312-08-201976Yes22



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 Committee27-05-2019Yes02
2Audit Committee12-08-201976Yes02
3Stakeholders Relationship Committee03-05-2019Yes02
4Stakeholders Relationship Committee24-05-201920Yes02
5Stakeholders Relationship Committee31-05-20196Yes02
6Stakeholders Relationship Committee07-06-20196Yes02



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*
7Stakeholders Relationship Committee10-07-201932Yes02
8Stakeholders Relationship Committee30-08-201950Yes03
9Stakeholders Relationship Committee13-09-201913Yes02



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 CommitteeNA


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)NA
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 signatoryC. RUBAVATHY
2DesignationCompany Secretary and Compliance Officer



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)Nodue to health reasons
4Presence of Chairperson of the Stakeholder Relationship committee at the annual general meeting20(3) Nodue to urgent personal commitments
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 signatoryC. RUBAVATHY
2DesignationCompany Secretary and Compliance Officer



Signatory Details

Name of signatoryC. RUBAVATHY
Designation of personCompany Secretary and Compliance Officer
PlaceNellore
Date14-10-2019