General information about company

Scrip code526093
NSE SymbolSATHAISPAT
MSEI SymbolNOTLISTED
ISININE176C01016
Name of the entitySATHAVAHANA ISPAT LIMITED
Date of start of financial year01-04-2021
Date of end of financial year31-03-2022
Reporting QuarterHalf Yearly
Date of Report30-09-2021
Risk management committeeNot Applicable
Market Capitalisation as per immediate previous Financial YearTop 2000 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 explanatoryTextual Information(1)
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 BirthWhether 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 (Refer Regulation 17A(1) of Listing RegulationsNumber 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 PANNotes for not providing DIN
1MrK.THANU PILLAIACUPP4974C00123920Non-Executive - Independent DirectorChairperson14-05-1935Yes26-03-201929-01-199901-04-20192722221
2MrA.S.RAOACCPA8762B00899415Executive DirectorNot Applicable13-08-1942NA08-11-198927-07-20213821010
3MrSYED ANIS HUSSAINABAPH6022N00115949Non-Executive - Independent DirectorNot Applicable29-05-1938Yes26-03-201915-12-200501-04-20191892222
4MrS.N.RAOAEJPR8085D00116021Non-Executive - Independent DirectorNot Applicable27-10-1948NA01-02-199901-10-20192711110



I. Composition of Board of Directors

Disclosure of notes on composition of board of directors explanatory

Whether the listed entity has a Regular Chairperson

SrTitle (Mr / Ms)Name of the DirectorPANDINCategory 1 of directorsCategory 2 of directorsCategory 3 of directors Date of BirthWhether 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 (Refer Regulation 17A(1) of Listing RegulationsNumber 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 PANNotes for not providing DIN
5MrA. NARESH KUMARACCPA8761C00112566Executive DirectorNot ApplicableMD24-06-1970NA01-06-199930-05-20192671010
6MrsLATHA PAMULACHMPP2970H08358726Non-Executive - Independent DirectorNot Applicable20-01-1980NA14-02-201914-02-2019321100
7MrKIRAN KUMAR YEDAAAOPY2941A08068075Non-Executive - Independent DirectorNot ApplicableShareholder Director12-02-1957NA01-04-201901-04-2019301100
8MrRAMANAKUMAR DAVULURIAEBPK4201N01713259Executive DirectorNot Applicable11-06-1963NA20-04-201920-04-2019301000



Text Block

Textual Information(1)

The Committee of Creditors ('COC') in its first meeting held on 31/08/2021 appointed Mr. Bhuwan Madan (IBBI/IPA-001/IP-P01004/2017-2018/11655) as Resolution Professional (RP) pursuant to an order of the Honorable NCLTl; Hyderabad Bench ('NCLT') dated 08th September, 2021  to carry out the activities relating to CIRP as prescribed by the Code.





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
100123920K.THANU PILLAINon-Executive - Independent DirectorChairperson30-01-2006
200115949SYED ANIS HUSSAINNon-Executive - Independent DirectorMember30-01-2006
300116021S.N.RAONon-Executive - Independent DirectorMember30-06-2009


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
100123920K.THANU PILLAINon-Executive - Independent DirectorMember30-04-2004
200115949SYED ANIS HUSSAINNon-Executive - Independent DirectorChairperson28-04-2007
300116021S.N.RAONon-Executive - Independent DirectorMember30-05-2014


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
100115949SYED ANIS HUSSAINNon-Executive - Independent DirectorChairperson30-11-2013
200899415A.S.RAOExecutive DirectorMember08-03-1994
300112566A. NARESH KUMARExecutive DirectorMember01-06-2009


Risk Management Committee

Whether the Risk Management Committee has a Regular ChairpersonNo
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks


Corporate Social Responsibility Committee

Whether the Corporate Social Responsibility Committee has a Regular ChairpersonNo
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks
100115949SYED ANIS HUSSAINNon-Executive - Independent DirectorMember14-11-2014
200899415A.S.RAOExecutive DirectorMember14-11-2014
300112566A. NARESH KUMARExecutive DirectorMember14-11-2014
400116021S.N.RAONon-Executive - Independent DirectorMember14-11-2014


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)Number of Directors present* (other than Independent Director)No. of Independent Directors attending the meeting*
130-06-2021Yes35



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)Number of Directors present* (other than Independent Director)No. of Independent Directors attending the meeting*
1Audit Committee30-06-2021Yes03
2Nomination and remuneration committee30-06-2021Yes03
3Stakeholders Relationship Committee30-06-2021Yes21



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 obtainedNA
2Whether shareholder approval obtained for material RPTNA
3Whether details of RPT entered into pursuant to omnibus approval have been reviewed by Audit CommitteeNA


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 500 listed entities)NA
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 signatoryBHUWAN MADHAN - RESOLUTION PROFESSIONAL
2DesignationCEO



Annexure III

III. Affirmations

SrParticularsRegulation NumberCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.
1Copy of the annual report including balance sheet, profit and loss account, directors report, corporate governance report, business responsibility report displayed on website46(2)NA
2Presence of Chairperson of Audit Committee at the Annual General Meeting18(1)(d)NA
3Presence of Chairperson of the nomination and remuneration committee at the annual general meeting19(3)NA
4Presence of Chairperson of the Stakeholder Relationship committee at the annual general meeting20(3) NA
5Whether “Corporate Governance Report” disclosed in Annual Report34(3) read with para C of Schedule VNA
Any other information to be provided




Annexure III

1Name of signatoryBHUWAN MADAN -RESOLUTION PROFESSIONAL
2DesignationCEO




Additional Half yearly Disclosure

Applicability of disclosure Not Applicable
Reason for Non Applicability Textual Information(1)

Signatory Details

Name of signatoryBHUWAN MADAN
Designation of personCEO
PlaceHYDERABAD
Date18-10-2021