QUARTERLY COMPLIANCE REPORT ON CORPORATE GOVERNANCE
8Strides Shasun
ANNEXURE • I
Name of the Listed Scrip Code: Quarter ending:
STRIDES SHASUN LIMITED (formerly STRIDES ARCOLAB LIM STAR (NSE) ;532531 (BSE)
31-Dec-15
I. Composition of Board of Directors | |||||||||||
Title | Name of the Director | PAN | DIN | Category (Chairperson/ Executive/ Non Executive/ Independent/ Nominee) | Date of Appointment in the current term/ cessation | Tenure | No. of Directorship in listed entities including this listed entity (Ref Regulation 25(1) of Listing Regulations) | No. 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) | ||
Audit Committee | Stakeholder Relationship Committee | Audit Committee | Stakeholder Relationship Committee | ||||||||
Mr. | DEEPAK VAIDYA | AADPV1542M | 00337276 | Chairman & Non-Executive Director | September 9, 2014 | NA | 3 | 5 | 1 | 2 | NIL |
Mr. | ARUN KUMAR | AFBPP0461L | 00084845 | Managing Director | September 9, 2014 | NA | 1 | NIL | NIL | NIL | NIL |
Mr. | ABHAYA KUMAR | AAFPK3368N | 00729827 | Executive Director | November 19, 2015 | NA | 1 | NIL | NIL | NIL | NIL |
Mr. | M.R. UMARJI | AADPU7051L | 00307435 | Non-Executive Director | September 9, 2014 | NA | 1 | 5 | 1 | NIL | NIL |
Mr. | BHARAT SHAH | AADPS4345K | 00136969 | Non-Executive Director | July 30, 2015 | NA | 4 | 6 | 2 | NIL | NIL |
Mr. | S. SRIDHAR | AAXPS1464M | 00004272 | Independent Director | September 9, 2014 | 5 consecutive years wef September 9,2014 | 6 | 7 | 1 | 4 | NIL |
Mr. | A.K. NAIR | ACGPA6768B | 00009148 | Independent Director | September 9, 2014 | 3 | 4 | 2 | NIL | 2 | |
Mr. | P.M. THAMPI | AACPT2672H | 00114522 | Independent Director | September 9, 2014 | 1 | 3 | 1 | NIL | NIL | |
Ms. | SANGITA REDDY | AASPS6786K | 00006285 | Independent Director | September 9, 2014 | 2 | 1 | NIL | NIL | NIL |
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II.Compo_sidon of Committees | |||
Name of Committee | Name of the Committee members | Category (Chairperson/ Executive/ Non Executive/ Independent/ Nominee) | |
1.Audit Committee | S Sridhar | Chairman | |
Deepak Vaidya | Member | ||
A K Nair | Member | ||
P M Thampi | Member | ||
Sangita Reddy | Member | ||
M R Umarji | Member | ||
Bharat Shah | Member | ||
2. Nomination & Remuneration Committee | P M Thampi | Chairman | |
Deepak Vaidya | Member | ||
A K Nair | Member | ||
M R Umarji | Member | ||
3. Risk Management Committee (If applicable) | NA | ||
4. Stakeholders Relationship Committee | A K Nair | Chairman | |
Deepak Vaidya | Member | ||
P M Thampi | Member | ||
M R Umarji | Member | ||
Ill.·Meeting of Board of Directors | |||
Date (s) of Meeting (if any) in the previous quarter | Date (s) of Meeting (if any) in the relevant quarter | Maximum gap between any two consecutive (in number of days) | |
July 30, 2015 | October 27, 2015 | 57 | |
September 25, 2015 | October 27, 2015 | 32 |
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. . IV. Meeting of Committees | ||||
Date (s) of Meeting of the committee in the relevant quarter | Whether requirement of Quorum met (details) | Dates(s) of meeting of the committee in the previous quarter | Maximum gap between any two consecutive meetings in number of days | |
Audit | October 27, 2015 | YES | July 30, 2015 | 89 |
Stakeholders' Relationshi p Committee | October 27, 2015 | YES | July 30, 2015 | 89 |
Nomination & Remuneration Committee | Nil | NA | NIL | |
v.-Related Party Transactions | ||||
Subject | Compliance status (Yes/No/NA) refer note below | |||
Whether prior approval of audit com mittee obtained | YES | |||
Whether shareholder approval obtained for material RPT | NA | |||
Whether details of RPT entered into pursuant to omnibus apporval have been reviewed by Audit Committee | YES | |||
Note: 1. In the column "Compliance Status", compliance or non-compliance may be incated by Yes/No/NA. For example, if the Board has been composed in accordance w'1th the requ·irements of isting 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. |
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The composition of Board of Directors is in terms of SEBI (Listing obligations and disclosure requirements) Regulation, 2015.
The composition of the following committees is in terms of SEBI (Listing obligations and disclosure requirements) Regulation, 2015.
Audit Committee
Nomination and Remuneration Committee
Stakeholders Relationship Committee
Risk Management Committee - (applicable to the top 100 listed entities) :Not applicable
The committee members have been made aware of their powers, role and responsibilities as specified in SEBJ (Listing obligations and disclosure requirements) Regulation, 2015.
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) Regulation, 2015.
This report and/ or the report submitted in the previous quarter has been placed before Board of Directors, Any comments/ observations/ advice of Board of Directors may be mentioned here: First report. This will be placed at the ensuing Board Meeting.
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For Strides Shasun Limitedd?.Ko=ado,
CFO & Company Secretary'*- .·
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Strides Arcolab Limited issued this content on 2015-12-31 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-18 05:30:07 UTC
Original Document: http://www.stridesarco.com/pdf/pressrelease/2015/corporate_governance_report_ 31_dec_2015.pdf