General information about company | |
| Scrip code | 511501 |
| NSE Symbol | |
| MSEI Symbol | |
| ISIN | INE900A01013 |
| Name of the entity | BHARAT BHUSHAN FINANCE & COMMODITY BROKERS LTD. |
| Date of start of financial year | 01-04-2019 |
| Date of end of financial year | 31-03-2020 |
| Reporting Quarter | Quarterly |
| Date of Report | 30-06-2019 |
| 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 | 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 | VIJAY BHUSHAN | AALPB8325J | 00002421 | Non-Executive - Non Independent Director | Chairperson | 22-10-1958 | 03-06-1992 | 3 | 2 | 5 | 1 | ||||||
| 2 | Mrs | NISHA AHUJA | AAGPA3435R | 00001875 | Non-Executive - Non Independent Director | Not Applicable | 28-07-1954 | 03-06-1992 | 1 | 0 | 1 | 1 | ||||||
| 3 | Mr | JOGESH CHANDER AHUJA | AAGPA9045H | 00650258 | Non-Executive - Non Independent Director | Not Applicable | 25-06-1949 | 29-01-1998 | 30-06-2019 | 1 | 0 | 1 | 0 | |||||
| 4 | Mrs | SANT KUMARI AGARWAL | AAJPA5076F | 00001877 | Non-Executive - Non Independent Director | Not Applicable | 10-12-1936 | 29-01-1998 | 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 | 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 | Mr | KULDEEP KUMAR GUPTA | AAEPG5866E | 00915376 | Non-Executive - Independent Director | Not Applicable | 04-11-1953 | 28-01-2010 | 60 | 1 | 1 | 1 | 1 | |||||
| 6 | Mr | RAVINDRA SINGH | AAYPS0128D | 00429417 | Non-Executive - Independent Director | Not Applicable | 22-12-1959 | 12-06-2008 | 60 | 1 | 1 | 1 | 0 | |||||
| 7 | Mr | VARUN SAIHGAL | AXJPS3915J | 06512573 | Non-Executive - Independent Director | Not Applicable | 25-09-1964 | 21-05-2013 | 60 | 1 | 1 | 2 | 0 | |||||
| 8 | Mr | ARUN KUMAR GARG | AAPPG1567R | 00178582 | Non-Executive - Non Independent Director | Not Applicable | 27-11-1957 | 26-07-2012 | 2 | 1 | 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 | 00915376 | KULDEEP KUMAR GUPTA | Non-Executive - Independent Director | Chairperson | 28-10-2010 | ||
| 2 | 00002421 | VIJAY BHUSHAN | Non-Executive - Non Independent Director | Member | 14-10-2003 | ||
| 3 | 00429417 | RAVINDRA SINGH | Non-Executive - Independent Director | Member | 12-06-2008 | ||
| 4 | 06512573 | VARUN SAIHGAL | Non-Executive - Independent Director | Member | 21-05-2013 | ||
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 | 06512573 | VARUN SAIHGAL | Non-Executive - Independent Director | Chairperson | 16-07-2014 | ||
| 2 | 00429417 | RAVINDRA SINGH | Non-Executive - Independent Director | Member | 16-07-2014 | ||
| 3 | 00001875 | NISHA AHUJA | Non-Executive - Non Independent Director | Member | 16-07-2014 | ||
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 | 00001875 | NISHA AHUJA | Non-Executive - Non Independent Director | Chairperson | 14-10-2003 | ||
| 2 | 00650258 | JOGESH CHANDER AHUJA | Non-Executive - Non Independent Director | Member | 14-10-2003 | 30-06-2019 | |
| 3 | 06512573 | VARUN SAIHGAL | Non-Executive - Independent Director | Member | 21-05-2013 | ||
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 | No | ||||||
| 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 | 30-01-2019 | Yes | 7 | 2 | |||
| 2 | 24-05-2019 | 113 | Yes | 8 | 3 | ||
Annexure 1 | ||||||||
IV. Meeting of Committees | ||||||||
| Disclosure of notes on meeting of committees explanatory | ||||||||
| 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 | 30-01-2019 | Yes | 3 | 2 | |||
| 2 | Audit Committee | 24-05-2019 | 113 | Yes | 4 | 3 | ||
| 3 | Stakeholders Relationship Committee | 30-01-2019 | Yes | 3 | 1 | |||
| 4 | Stakeholders Relationship Committee | 24-05-2019 | 113 | Yes | 3 | 1 | ||
| 5 | Nomination and remuneration committee | 30-01-2019 | Yes | 3 | 2 | |||
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 | No | |
| 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) | |
Annexure 1 | ||
| Sr | Subject | Compliance status |
| 1 | Name of signatory | Piyush Kumar |
| 2 | Designation | Company Secretary |
Text Block | |
| Textual Information(1) | Due to sudden passing away of Mr. Jogesh Chander Ahuja Non-Executive Director of the Company and member of Stakeholder Relationship Committee as on 30.06.2019, the composition of Satakeholders Relationship Committee fall below the statutory limits prescribed under SEBI (Listing Obligations and Disclosures Requirements) Regulations 2015.
The Company are in the process to appoint a new Non-Executive Director in place of Late Mr. Jogesh Chander Ahuja. |
Signatory Details | |
| Name of signatory | Piyush Kumar |
| Designation of person | Company Secretary |
| Place | New Delhi |
| Date | 12-07-2019 |