General information about company | |
| Scrip code | 514211 |
| NSE Symbol | SUMEETINDS |
| MSEI Symbol | NOTLISTED |
| ISIN | INE235C01010 |
| Name of the entity | SUMEET INDUSTRIES LIMITED |
| Date of start of financial year | 01-04-2024 |
| Date of end of financial year | 31-03-2025 |
| Reporting Quarter | Quarterly |
| Date of Report | 30-06-2024 |
| 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 | Textual Information(1) | ||||||||||||||||||||||||
| Whether the listed entity has a Regular Chairperson | Yes | ||||||||||||||||||||||||
| Whether Chairperson is related to MD or CEO | Yes | ||||||||||||||||||||||||
| 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 | |||||||||||||||||
| 1 | Mr | SHANKARLAL SITARAM SOMANI | ABNPS7087D | 00165238 | Executive Director | Chairperson | 20-01-1954 | ||||||||||||||||||
| 2 | Mr | SUMEET SHANKARLAL SOMANI | ANPPS3016A | 00318156 | Executive Director | Not Applicable | MD | 11-11-1980 | |||||||||||||||||
| 3 | Mr | MANOJKUMAR GANESHMAL JAIN | AECPJ9551R | 03546851 | Non-Executive - Independent Director | Not Applicable | 29-04-1980 | ||||||||||||||||||
| 4 | Ms | ZEEL SURESHKUMAR MODI | DRUPM2529G | 08290608 | Non-Executive - Independent Director | Not Applicable | 03-06-1994 | ||||||||||||||||||
| 5 | Mr | VIKASHKUMAR KAMALSINGH CHANDALIYA | ANHPC8328D | 08751436 | Non-Executive - Independent Director | Not Applicable | 12-12-1989 | ||||||||||||||||||
| 6 | Mr | SAURAV SANTOSH DUGAR | BHEPD5641N | 08937448 | Non-Executive - Independent Director | Not Applicable | 20-06-1992 | ||||||||||||||||||
I. Composition of Board of Directors | |||||||||||||||||||||||||
Disqualification of Directors under section 164 of the Companies Act, 2013 | |||||||||||||||||||||||||
| Sr | Whether the director is disqualified? | Start Date of disqualification | End Date of disqualification | Details of disqualification | Current status | ||||||||||||||||||||
| 1 | No | Active | |||||||||||||||||||||||
| 2 | No | Active | |||||||||||||||||||||||
| 3 | No | Active | |||||||||||||||||||||||
| 4 | No | Active | |||||||||||||||||||||||
| 5 | No | Active | |||||||||||||||||||||||
| 6 | No | Active | |||||||||||||||||||||||
I. Composition of Board of Directors | |||||||||||||||||||||||||||
| Sr | Whether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations] | Date of passing special resolution | 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 [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 Cessation | Notes for not providing PAN | Notes for not providing DIN | ||||||||||||||
| 1 | NA | 01-08-1988 | 01-04-2018 | 1 | 0 | 0 | 0 | ||||||||||||||||||||
| 2 | NA | 01-06-2004 | 01-04-2022 | 1 | 0 | 0 | 0 | ||||||||||||||||||||
| 3 | NA | 29-06-2017 | 29-06-2020 | 84.01 | 1 | 1 | 2 | 2 | |||||||||||||||||||
| 4 | NA | 30-11-2018 | 30-11-2021 | 67 | 1 | 1 | 0 | 0 | |||||||||||||||||||
| 5 | NA | 06-06-2020 | 06-06-2020 | 48.24 | 1 | 1 | 1 | 0 | |||||||||||||||||||
| 6 | NA | 28-10-2020 | 28-10-2020 | 44.02 | 1 | 1 | 1 | 0 | |||||||||||||||||||
Text Block | |
| Textual Information(1) | The Company is under CIRP Process vide Honble NCLT, Ahmedabad Bench order dated 20.12.2022 and Mr. Satyendra P. Khorania vide order dated 15.02.2023 has been appointed as RP. Pursuant to the order and the provisions of IBC, 2016, the powers of the BOD have been suspended and vested with RP. RP presides the chair of the meetings. |
Annexure 1 | |||||||
II. Composition of Committees | |||||||
| Disclosure of notes on composition of committees explanatory | Textual Information(1) | ||||||
Annexure 1 Text Block | |
| Textual Information(1) | As per SEBI (LODR) Regulations, 2015, the provisions specified in Regulations 17, 18, 19 and 20 are not applicable to the Company w.e.f. 20.12.2022 due to initiation of CIRP against the Company as per order of Hon,ble NCLT Bench, Ahmedabad |
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 | 03546851 | MANOJKUMAR GANESHMAL JAIN | Non-Executive - Independent Director | Chairperson | 30-11-2018 | ||
| 2 | 00318156 | SUMEET SHANKARLAL SOMANI | Executive Director | Member | 26-04-2010 | ||
| 3 | 08937448 | SAURAV SANTOSH DUGAR | Non-Executive - Independent Director | Member | 04-08-2021 | ||
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 | 03546851 | MANOJKUMAR GANESHMAL JAIN | Non-Executive - Independent Director | Chairperson | 30-11-2018 | ||
| 2 | 08751436 | VIKASHKUMAR KAMALSINGH CHANDALIYA | Non-Executive - Independent Director | Member | 31-07-2020 | ||
| 3 | 08937448 | SAURAV SANTOSH DUGAR | Non-Executive - Independent Director | Member | 04-08-2021 | ||
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 | 03546851 | MANOJKUMAR GANESHMAL JAIN | Non-Executive - Independent Director | Chairperson | 30-11-2018 | ||
| 2 | 00318156 | SUMEET SHANKARLAL SOMANI | Executive Director | Member | 31-08-2012 | ||
| 3 | 08751436 | VIKASHKUMAR KAMALSINGH CHANDALIYA | Non-Executive - Independent Director | Member | 31-07-2020 | ||
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 | |||||||
| Sr | DIN Number | Name of Committee members | Category 1 of directors | Category 2 of directors | Date of Appointment | Date of Cessation | Remarks |
| 1 | 00318156 | SUMEET SHANKARLAL SOMANI | Executive Director | Chairperson | 13-08-2015 | ||
| 2 | 03546851 | MANOJKUMAR GANESHMAL JAIN | Non-Executive - Independent Director | Member | 30-11-2018 | ||
| 3 | 08751436 | VIKASHKUMAR KAMALSINGH CHANDALIYA | Non-Executive - Independent Director | Member | 31-07-2020 | ||
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 | Textual Information(1) | |||||||
| 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) | Total Number of Directors as on date of the meeting | Number of Directors present* (All directors including Independent Director) | No. of Independent Directors attending the meeting* |
| 1 | 01-02-2024 | Yes | 6 | 5 | 3 | |||
| 2 | 28-05-2024 | 116 | Yes | 6 | 6 | 4 | ||
Text Block | |
| Textual Information(1) | As per SEBI (LODR) Regulations, 2015, the provisions specified in Regulations 17, 18, 19 and 20 are not applicable to the Company w.e.f. 20.12.2022 due to initiation of CIRP against the Company and powers of the Baord and its committees stand suspended and the same shall be vested with RP. |
Annexure 1 | ||||||||||
IV. Meeting of Committees | ||||||||||
| Disclosure of notes on meeting of committees explanatory | Textual Information(1) | |||||||||
Text Block | ||
| Textual Information(1) | The company is under CIRP Process vide Hoable NCLT , Ahmedabad Bench order dated 20.12.2022 and Satyendra P. Khorania vide order dated 15.02.2023 has been appointed as RP. RP presides the chair of the meetings.
As per SEBI (LODR) Regulations, 2015, the provisions specified in Regulations 17, 18, 19 and 20 are not applicable to the Company w.e.f 20.12.2022 due to initiation of CIRP and such powers are vested with RP. Therefore, no committee meetings held during the quarter ended 30-06-2024. | |
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 | |
| Disclosure of notes on related party transactions | Textual Information(1) | ||
Text Block | |
| Textual Information(1) | In consonance with the stipulation contained in Section 17, 18 and 20 of the IBC, 2016, the powers of the BOD and its Committees stand suspended and such powers are vested with RP.
|
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 | Yes |
| 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 1000 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 |
Annexure 1 | ||
| Sr | Subject | Compliance status |
| 1 | Name of signatory | Anil Kumar Jain |
| 2 | Designation | Company Secretary and Compliance 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 quarter | No | |
| Number of cyber security incidence or breaches or loss of data event occurred during the quarter | ||
| Sr. | Date of the event | Brief details of the event |
Signatory Details | |
| Name of signatory | ANIL KUMAR JAIN |
| Designation of person | Company Secretary and Compliance Officer |
| Place | SURAT |
| Date | 15-07-2024 |