General information about company

Scrip code535602
NSE SymbolSHARDAMOTR
MSEI SymbolNOTLISTED
ISININE597I01028
Name of the entitySharda Motor Industries Limited
Date of start of financial year01-04-2024
Date of end of financial year31-03-2025
Reporting QuarterQuarterly
Date of Report30-06-2024
Risk management committeeApplicable
Market Capitalisation as per immediate previous Financial YearTop 1000 listed entities



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
Whether the listed entity has a Regular ChairpersonYes
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 Birth
1MrKishan Nagin ParikhABWPP6531A00453209Non-Executive - Independent DirectorChairperson15-04-1967
2MrsSharda RelanAAKPR2245N00252181Non-Executive - Non Independent DirectorNot Applicable11-08-1935
3MrAjay RelanAAEPR4256P00257584Executive DirectorNot ApplicableMD03-12-1961
4MrProf. Ashok Kumar BhattacharyaAPUPB7542R02804551Non-Executive - Independent DirectorNot Applicable14-02-1946
5MrUdayan BanerjeeAAHPB3641F00339754Non-Executive - Independent DirectorNot Applicable15-01-1947
6MrNitin VishnoiAAYPV5238R08538925Executive DirectorNot Applicable18-01-1970
7MrsSarita DhuperAAIPD0761D08776286Non-Executive - Independent DirectorNot Applicable02-07-1961

I. Composition of Board of Directors

Disqualification of Directors under section 164 of the Companies Act, 2013

SrWhether the director is disqualified?Start Date of disqualificationEnd Date of disqualificationDetails of disqualificationCurrent status
1NoActive
2NoActive
3NoActive
4NoActive
5NoActive
6NoActive
7NoActive

I. Composition of Board of Directors

SrWhether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations]Date of passing special resolutionInitial 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 [with reference to proviso to regulation 17A(1) & 17A(2)]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)Reason for CessationNotes for not providing PANNotes for not providing DIN
1NA16-12-200503-09-20192232131
2Yes22-03-202129-01-198601-04-20211020
3NA29-01-198601-09-20211010
4Yes29-09-202028-10-200903-09-20191761110
5Yes27-08-202113-02-201901-01-2022651121
6NA03-09-201927-09-20191000
7NA29-06-202029-06-2020481100



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
100453209Kishan Nagin ParikhNon-Executive - Independent DirectorChairperson06-02-2013
200252181Sharda RelanNon-Executive - Non Independent DirectorMember22-05-2014
302804551Prof. Ashok Kumar BhattacharyaNon-Executive - Independent DirectorMember13-02-2019
400339754Udayan BanerjeeNon-Executive - Independent DirectorMember13-02-2019


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
102804551Prof. Ashok Kumar BhattacharyaNon-Executive - Independent DirectorChairperson06-02-2013
200453209Kishan Nagin ParikhNon-Executive - Independent DirectorMember28-10-2009
300339754Udayan BanerjeeNon-Executive - Independent DirectorMember13-02-2019


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
100339754Udayan BanerjeeNon-Executive - Independent DirectorChairperson05-04-2019
200252181Sharda RelanNon-Executive - Non Independent DirectorMember22-05-2014
300257584Ajay RelanExecutive DirectorMember10-02-2021


Risk Management Committee

Whether the Risk Management Committee has a Regular ChairpersonYes
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks
100453209Kishan Nagin ParikhNon-Executive - Independent DirectorChairperson23-06-2021
200257584Ajay RelanExecutive DirectorMember23-06-2021
300339754Udayan BanerjeeNon-Executive - Independent DirectorMember09-11-2021
402804551Prof. Ashok Kumar BhattacharyaNon-Executive - Independent DirectorMember23-06-2021


Corporate Social Responsibility Committee

Whether the Corporate Social Responsibility Committee has a Regular ChairpersonYes
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks
100453209Kishan Nagin ParikhNon-Executive - Independent DirectorChairperson22-05-2014
200252181Sharda RelanNon-Executive - Non Independent DirectorMember22-05-2014
300257584Ajay RelanExecutive DirectorMember10-08-2016
402804551Prof. Ashok Kumar BhattacharyaNon-Executive - Independent DirectorMember10-08-2022


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)Total Number of Directors as on date of the meetingNumber of Directors present* (All directors including Independent Director)No. of Independent Directors attending the meeting*
108-02-2024Yes764
218-04-202469Yes764
323-05-202434Yes753



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)Total Number of Directors in the Committee as on date of the meetingNumber of Directors Present (All Directors including Independent Director)No. of Independent Directors attending the meeting* No. of members attending the meeting (other than Board of Directors)
1Audit Committee08-02-2024Yes4330
2Audit Committee23-05-2024104Yes4330
3Nomination and remuneration committee08-02-2024Yes3330
4Nomination and remuneration committee23-05-2024104Yes3330
5Stakeholders Relationship Committee23-05-2024Yes3210



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 CommitteeYes


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 1000 listed entities)Yes
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 signatoryIti Goyal
2DesignationCompliance Officer



Details of Cyber security incidence

Whether as per Regulation 27(2)(ba) of SEBI (LODR) Regulations, 2015 there has been cyber security incidents or breaches or loss of data or documents during the quarterNo
Number of cyber security incidence or breaches or loss of data event occurred during the quarter
Sr.Date of the eventBrief details of the event



Signatory Details

Name of signatoryIti Goyal
Designation of personCompliance Officer
PlaceNew Delhi
Date17-07-2024