Ref: SECTL/2022 - 08 | January 12, 2022 |
BSE Limited | National Stock Exchange of India Limited |
Phiroze Jeejeebhoy Towers, | Exchange Plaza, 5th Floor, Plot No. C/1, G-Block, |
Dalal Street, | Bandra-Kurla Complex, Bandra (East) |
MUMBAI - 400 001 | MUMBAI - 400 051 |
Scrip Code: BSE - 532974 | NSE - BIRLA MONEY |
Dear Sir / Madam, |
Sub: Compliance of Regulation 27(2) of the Listing Regulations
Pursuant to Regulation 27(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Quarterly Compliance Report on Corporate Governance for the quarter ended December 31, 2021.
Please acknowledge receipt.
Thanking you,
Yours faithfully,
For Aditya Birla Money Limited,
SANGEETA MUKESH SHETTY
Digitally signed by
SANGEETA MUKESH SHETTY
Date: 2022.01.12 16:39:30 +05'30'
Sangeeta Shetty Company Secretary
Encl.: A/A
Compliance Report on Corporate Governance pursuant to Regulation 27(2) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
Name of Listed Entity | : | ADITYA BIRLA MONEY LIMITED | |||||||||||
Quarter ending | : | December 31, 2021 | |||||||||||
I. COMPOSITION OF BOARD OF DIRECTORS | |||||||||||||
Title | Name of the Director | PAN & DIN | Category | Initial | Date of | Date of | Tenure* | Date of | No. of | No. of | Number of | No. of post of | |
(Mr. | (Chairperson / | Date of | Re-appoint | Cessation | Birth | directorship | Independent | memberships in | Chairperson in | ||||
/ | Executive / | Appoint- | ment | in listed | Directorship in | Audit/Stakeholder | Audit/Stakeholder | ||||||
Ms.) | Non-Executive / | ment | entities | listed entities | Committee(s) | Committee held in | |||||||
Independent / | including this | including this | including this | listed entities | |||||||||
Nominee) | listed entity | listed entity | listed entity | including this | |||||||||
[in reference | [in reference to | (Refer Regulation | listed entity | ||||||||||
to Regulation | proviso to | 26(1) of | (Refer Regulation | ||||||||||
17A(1)] | regulation | Listing | 26(1) of Listing | ||||||||||
17A(1)] | Regulations) | Regulations) | |||||||||||
Mr. | GOPI KRISHNA TULSIAN | PAN - AACPT9888P | Chairperson - | 25-03-2014 | - | - | - | 02-02-1937 | 1 | - | 2 | - | |
DIN - 00017786 | Non-Executive | ||||||||||||
Mr. | G. VIJAYARAGHAVAN | PAN - AAAPV2420M | Independent - | 09-09-2014 | 03-07-2019 | - | 88 | 11-07-1953 | 1 | 1 | 1 | - | |
DIN - 00894134 | Non-Executive | months | |||||||||||
Mr. | P. SUDHIR RAO | PAN - AEHPP6993G | Independent - | 09-09-2014 | 03-07-2019 | - | 88 | 15-04-1961 | 1 | 1 | 3 | 2 | |
DIN - 00018213 | Non-Executive | months | |||||||||||
Mr. | TUSHAR SHAH | PAN - AAHPS7349P | Non-Executive | 06-05-2016 | - | - | - | 17-04-1965 | 1 | - | 1 | - | |
DIN - 00239762 | |||||||||||||
Ms. | PINKY ATUL MEHTA | PAN - AAHPM2967P | Non-Executive | 30-03-2015 | - | - | - | 21-04-1967 | 1 | - | - | - | |
DIN - 00020429 | |||||||||||||
Mr. | SHRIRAM JAGETIYA | PAN - AABPJ9471B | Non-Executive | 25-03-2014 | - | - | - | 21-04-1969 | 1 | - | 1 | - | |
DIN - 01638250 | |||||||||||||
Whether Regular chairperson appointed - Yes
Whether Chairperson is related to Managing Director or CEO - No
$ PAN of any director would not be displayed on the website of Stock Exchange
& Category of Directors means executive / non-executive / independent / Nominee. If a director fits into more than one category write all categories separating them with hyphen.
* to be filled only for Independent Director. Tenure would mean total period from which Independent director is serving on Board of directors of the listed entity in continuity without any cooling off period.
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II. COMPOSITION OF COMMITTEES
Name of Committee | Whether Regular | Name of Committee members | Category (Chairperson/Executive / | Date of | Date of |
chairperson | Non-Executive / independent / Nominee) $ | Appointment | Cessation | ||
appointed | |||||
1. Audit Committee | Yes | Mr. P. SUDHIR RAO | Chairperson - Independent - Non-Executive | 21-04-2009 | - |
Mr. G. VIJAYARAGHAVAN | Member - Independent - Non-Executive | 21-04-2009 | - | ||
Mr. SHRIRAM JAGETIYA | Member - Non-Executive | 25-03-2014 | - | ||
2. Nomination & Remuneration Committee | Yes | Mr. P. SUDHIR RAO | Chairperson - Independent - Non-Executive | 28-07-2014 | - |
Mr. G. VIJAYARAGHAVAN | Member - Independent - Non-Executive | 28-07-2014 | - | ||
Mr. SHRIRAM JAGETIYA | Member - Non-Executive | 28-07-2014 | - | ||
3. Stakeholders Relationship Committee | Yes | Mr. P. SUDHIR RAO | Chairperson - Independent - Non-Executive | 28-07-2014 | - |
Mr. GOPI KRISHNA TULSIAN | Member - Non-Executive | 28-07-2014 | - | ||
Mr. TUSHAR SHAH | Member - Non-Executive | 06-05-2016 | - | ||
4. Risk Management Committee (if applicable) | N.A. | - | - | - | - |
5. Corporate Social Responsibility Committee | Yes | Mr. G. VIJAYARAGHAVAN | Chairperson - Independent - Non-Executive | 04-05-2015 | - |
Mr. GOPI KRISHNA TULSIAN | Member - Non-Executive | 04-05-2015 | - | ||
Ms. PINKY ATUL MEHTA | Member - Non-Executive | 04-05-2015 | - |
& Category of directors means executive / non-executive / independent / Nominee. if a director fits into more than one category write all categories separating them with hyphen
III. MEETING OF BOARD OF DIRECTORS
Date(s) of Meeting (if any) in | Date(s) of Meeting (if any) in | Whether requirement of | Number of Directors | Number of independent | Maximum gap between any |
the previous quarter | the relevant quarter | Quorum met* | present* | directors present* | two consecutive (in number |
of days) | |||||
Yes / No | |||||
15-07-2021 | 13-10-2021 | Yes | 6 | 2 | 89 |
15-11-2021 | Yes | 6 | 2 | 32 | |
22-12-2021 | Yes | 5 | 2 | 36 | |
* to be filled in only for the current quarter meetings
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IV. MEETING OF COMMITTEES
Date(s) of meeting of the | Whether requirement of | Number of Directors | Number of | Date(s) of meeting of the | Maximum gap between | ||
committee in the relevant | Quorum met (details)* | present* | independent | committee in the previous | any two consecutive | ||
quarter | directors present* | quarter | meetings in number of | ||||
days* | |||||||
Yes / No | |||||||
13-10-2021 | Yes | 3 | 2 | 15-07-2021 | 89 | ||
15-11-2021 | Yes | 3 | 2 | 32 | |||
* This information has to be mandatorily be given for audit committee, for rest of the committees giving this information is optional | |||||||
** to be filled in only for the current quarter meetings | |||||||
V. RELATED PARTY TRANSACTIONS | |||||||
Subject | Compliance status (Yes/No/NA) refer note below | ||||||
Whether prior approval of audit committee obtained | Yes | ||||||
Whether shareholder approval obtained for material RPT | Yes | ||||||
Whether details of RPT entered into pursuant to omnibus approval have been reviewed by Audit Committee | Yes |
Note
1 In the column "Compliance Status", compliance or non-compliance may be indicated by Yes / No / N.A. For example, if the Board has been composed in accordance with the requirements of Listing Regulations, "Yes" may be indicated. Similarly, in case the Listed Entity has no related party transactions, the words "N.A." may be indicated.
2 If status is "No" details of non-compliance may be given here.
Notes :Disclosure of Material Transactions with Related Party for the quarter ended December 31, 2021:
The Company has obtained the approval of the Members of the Company at its Extra Ordinary General Meeting held on 16th December 2021 to enter into new / further contracts / arrangements / agreements / transactions with Aditya Birla Capital Limited, Promoter and Holding Company, for offer, issuance, allotment and redemption of Non-CumulativeNon-Convertible Redeemable Preference Shares, management support, business advisory support services, infrastructure facilities / services and cost recovered from the Company pursuant to the Aditya Birla Employees Stock Option Scheme 2017 of ABCL, for an amount not exceeding ₹160 Crore per financial year, upto the financial year ending March 31, 2032.
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VI. AFFIRMATIONS
- The composition of Board of Directors is in terms of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. - Yes
- The composition of the following Committees is in terms of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Yes
- Audit Committee
- Nomination & Remuneration Committee
- Stakeholders Relationship Committee
- Risk Management Committee (applicable to the top 1000 listed entities) - Not Applicable
- 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
- 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
- This report and / or the report submitted in the previous quarter has been placed before Board of Directors. - Yes
There are no comments / observations / advice of Board of Directors in respect of the previous quarter Corporate Governance Report submitted under Regulation 27(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
For ADITYA BIRLA MONEY LIMITED
SANGEETA MUKESH SHETTY
Digitally signed by
SANGEETA MUKESH SHETTY
Date: 2022.01.12 16:40:02 +05'30'
SANGEETA SHETTY
Company Secretary / Compliance Officer
Dated : January 12, 2022
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Aditya Birla Money Ltd. published this content on 12 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 January 2022 14:30:03 UTC.