ANNEXURE I

Format to be submitted by listed entity on quarterly basis

1. Name of Listed Entity - Action Construction Equipment Limited

2. Quarter ending

- 31-Mar-2023

  1. Composition Of Board Of Director

Ti

Name of

DIN

PA

Cate

Sub

Initial

Date of

D

Ten

Date of

Wh

Date of

No.

No of

No of

No of

Memb

R

tle

the

N

gory

Cat

Date of

Appoint

at

ure

Birth

eth

passing

of

Inde

mem

post of

ership

e

(

Director

(Chai

ego

Appoin

ment

e

er

special

Direc

pend

bersh

Chairpe

in

m

M

rpers

ry

tment

of

spe

resolutio

torshi

ent

ips in

rson in

Com

a

r./

on

ce

cial

n

p in

Direc

Audit

Audit/

mittee

r

M

/Execu

ss

res

listed

torshi

/

Stakeh

s of

k

s)

tive/No

ati

olut

entiti

p in

Stak

older

the

s

n-

o

ion

es

listed

ehold

Commit

Comp

Execut

n

pas

inclu

entiti

er

tee

any

ive/

sed

ding

es

Com

held in

Indepe

?

this

inclu

mitte

listed

ndent/

listed

ding

e(s)

entities

Nomin

entity

this

inclu

includin

ee)

listed

ding

g this

entity

this

listed

listed

entity

entity

Mr.

Vijay

00057634

C &

MD

13-Jan-

01-Oct-

13-Jan-

NA

1

0

1

0

AC,RC

Agarwal

ED

1995

2018

1949

Mrs.

Mona

00057653

ED

13-Jan-

01-Oct-

18-Nov-

NA

1

0

0

0

Agarwal

1995

2018

1955

Mr.

Sorab

00057666

ED

20-Mar-

01-Oct-

27-Feb-

NA

1

0

1

0

SC,RC

Agarwal

1998

2018

1977

Mrs.

Surbhi

01558782

ED

12-Nov-

01-Apr-

11-Jan-

NA

1

0

0

0

Garg

2011

2020

1978

Mr.

Avinash

00161107

ID

01-Oct-

01-Oct-

60

01-Oct-

Yes

27-Sep-

4

4

7

1

AC,SC,

Parkash

2019

2019

1938

2019

NRC

Gandhi

Mrs.

Divya

08722144

ID

01-Apr-

01-Apr-

60

21-Mar-

NA

1

1

1

1

SC,RC,

Singal

2020

2020

1961

NRC

Mr.

Shriniwas

06572418

ID

24-Sep-

24-Sep-

60

08-Nov-

NA

1

1

1

0

AC,NR

Vashisht

2020

2020

1955

C

Mr.

Jagan

08841478

ID

06-Nov-

06-Nov-

60

15-May-

NA

1

1

1

0

AC

Nath

2020

2020

1954

Chamber

Company Remarks

Whether Regular chairperson appointed

Yes

Whether Chairperson is related to MD or CEO

Yes

Page 1 of 7

  1. Composition of Committees

a. Audit Committee

Sr. No.

Name of Committee members

Category

Chairperson/Member

Date of Appointment

Date of Cessation

1

Avinash Parkash Gandhi

ID

Chairperson

01-Oct-2019

2

Shriniwas Vashisht

ID

Member

24-Sep-2020

3

Jagan Nath Chamber

ID

Member

06-Nov-2020

4

Vijay Agarwal

C & ED

Member

01-Oct-2018

Company Remarks

Whether Regular chairperson appointed

Yes

b.

Stakeholders Relationship Committee

Sr. No.

Name of Committee members

Category

Chairperson/Member

Date of Appointment

Date of Cessation

1

Divya Singhal

ID

Chairperson

01-Apr-2020

2

Avinash Parkash Gandhi

ID

Member

01-Oct-2019

3

Sorab Agarwal

ED

Member

01-Oct-2018

Company Remarks

Whether Regular chairperson appointed

Yes

c.

Risk Management Committee

Sr. No.

Name of Committee members

Category

Chairperson/Member

Date of Appointment

Date of Cessation

1

Vijay Agarwal

C & ED

Chairperson

28-May-2021

2

Sorab Agarwal

ED

Member

28-May-2021

3

Divya Singhal

ID

Member

28-May-2021

Company Remarks

Whether Regular chairperson appointed

Yes

d. Nomination and Remuneration Committee

Sr. No.

Name of Committee members

Category

Chairperson/Member

Date of Appointment

Date of Cessation

1

Shriniwas Vashisht

ID

Chairperson

24-Sep-2020

2

Divya Singhal

ID

Member

01-Apr-2020

3

Avinash Parkash Gandhi

ID

Member

01-Oct-2019

Company Remarks

Whether Regular chairperson appointed

Yes

iii.

Meeting of Board of Directors

Date(s) of meeting (Enter dates

Whether requirement

Total Number of

Number of Directors present

No. of Independent Directors

of Previous quarter and Current

of Quorum met

Directors as on date

(All directors including

attending the meeting

quarter in chronological order)

(Yes/No)

of the meeting

Independent Director)

09-Nov-2022

Yes

8

6

3

06-Feb-2023

Yes

8

6

3

Company Remarks

Maximum gap between any two consecutive (in number of days)

88

Page 2 of 7

  1. Meeting of Committees

Name of the Committee

Date(s) of meeting

Whether

Total Number

Number of Directors

Number of

Number of Members

(Enter dates of

requirement

of Directors in

present (All

Independent

attending the

Previous quarter and

of Quorum

the Committee

directors including

directors

Meeting (Other than

Current quarter in

met (Yes/No)

as on date of

Independent

attending the

Board of Directors)

chronological order)

the meeting

Director)

meeting

Audit Committee

09-Nov-2022

Yes

4

4

3

0

Audit Committee

06-Feb-2023

Yes

4

3

2

0

Risk Management

06-Feb-2023

Yes

3

3

1

0

Committee

Company Remarks

Maximum gap between any two consecutive (in number of days) [Only for Audit Committee]

88

  1. Related Party Transactions

Subject

Compliance status (Yes/No/NA)

Remark

Whether prior approval of audit committee obtained

Yes

Whether shareholder approval obtained for material RPT

Not Applicable

Whether details of RPT entered into pursuant to omnibus approval have been

Yes

reviewed by Audit Committee

Disclosure of notes on related party transactions and Disclosure of notes of material related party transactions

VI.

Affirmations

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

    1. Audit Committee - Yes
    2. Nomination & remuneration committee - Yes
    3. Stakeholders relationship committee - Yes
    4. Risk management committee (applicable to the top 1000 listed entities) - Yes
  2. 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
  3. 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
  4. a. This report and/or the report submitted in the previous quarter has been placed before Board of Directors. - Yes b. Any comments/observations/advice of Board of Directors may be mentioned here:

Name

:

Anil Kumar

Designation

:

Company Secretary & Compliance Officer

Page 3 of 7

ANNEXURE II

Format to be submitted by listed entity at the end of the financial year (for the whole of financial year)

I. Disclosure on website in terms of Listing Regulations

Item

Compliance status

Company Remark

Website

(Yes/No/NA)

As per regulation 46(2) of the LODR:

Details of business

Yes

www.ace-cranes.com

Terms and conditions of appointment of independent directors

Yes

www.ace-cranes.com

Composition of various committees of board of directors

Yes

www.ace-cranes.com

Code of conduct of board of directors and senior management

Yes

www.ace-cranes.com

Details of establishment of vigil mechanism/ Whistle Blower policy

Yes

www.ace-cranes.com

Criteria of making payments to non-executive directors

Yes

www.ace-cranes.com

Policy on dealing with related party transactions

Yes

www.ace-cranes.com

Policy for determining 'material' subsidiaries

Yes

www.ace-cranes.com

Details of familiarization programs imparted to independent

Yes

www.ace-cranes.com

Email address for grievance redressal and other relevant details

Yes

www.ace-cranes.com

entity who are responsible for assisting and handling investor

Contact information of the designated officials of the listed entity

Yes

www.ace-cranes.com

Financial results

Yes

www.ace-cranes.com

Shareholding pattern

Yes

www.ace-cranes.com

Details of agreements entered into with the media companies

Not Applicable

and/or their associates

Schedule of analyst or institutional investor meet and

Yes

www.ace-cranes.com

presentations madeby the listed entity to analysts or institutional

New name and the old name of the listed entity

Not Applicable

Advertisements as per regulation 47 (1)

Yes

www.ace-cranes.com

Credit rating or revision in credit rating obtained by the entity for all

Yes

www.ace-cranes.com

Separate audited financial statements of each subsidiary of the

Yes

www.ace-cranes.com

As per other regulations of the LODR:

Whether company has provided information under separate

Yes

www.ace-cranes.com

section on its website as per Regulation 46(2)

Materiality Policy as per Regulation 30

Yes

www.ace-cranes.com

Dividend Distribution policy as per Regulation 43A (as applicable)

Yes

www.ace-cranes.com

It is certified that these contents on the website of the listed entity

Yes

www.ace-cranes.com

II Annual Affirmations

Particulars

Regulation Number

Compliance

Company Remark

status

(Yes/No/NA)

Independent director(s) have been appointed in terms of

16(1)(b) & 25(6)

Yes

specified criteria of 'independence' and/or 'eligibility'

Board composition

17(1), 17(1A) &

Yes

17(1B)

Meeting of Board of directors

17(2)

Yes

Quorum of Board meeting

17(2A)

Yes

Review of Compliance Reports

17(3)

Yes

Page 4 of 7

Plans for orderly succession for appointments

17(4)

Yes

Code of Conduct

17(5)

Yes

Fees/compensation

17(6)

Yes

Minimum Information

17(7)

Yes

Compliance Certificate

17(8)

Yes

Risk Assessment & Management

17(9)

Yes

Performance Evaluation of Independent Directors

17(10)

Yes

Recommendation of Board

17(11)

Yes

Maximum number of directorship

17A

Yes

Composition of Audit Committee

18(1)

Yes

Meeting of Audit Committee

18(2)

Yes

Composition of nomination & remuneration committee

19(1) & (2)

Yes

Quorum of Nomination and Remuneration Committee meeting

19(2A)

Yes

Meeting of nomination & remuneration committee

19(3A)

Yes

Composition of Stakeholder Relationship Committee

20(1), 20(2) and

Yes

20(2A)

Meeting of stakeholder relationship committee

20(3A)

Yes

Composition and role of risk management committee

21(1),(2),(3),(4)

Yes

Meeting of Risk Management Committee

21(3A)

Yes

Vigil Mechanism

22

Yes

Policy for related party Transaction

23(1),(1A),(5),(6)

Yes

Prior or Omnibus approval of Audit Committee for all related

23(2), (3)

Yes

party transactions

Approval for material related party transactions

23(4)

Not Applicable

Disclosure of related party transactions on consolidated basis

23(9)

Yes

Composition of Board of Directors of unlisted material

24(1)

Not Applicable

Subsidiary

Other Corporate Governance requirements with respect to

24(2),(3),(4),(5)

Yes

subsidiary of listed entity

& (6)

Annual Secretarial Compliance Report

24(A)

Yes

Alternate Director to Independent Director

25(1)

Not Applicable

Maximum Tenure

25(2)

Yes

Meeting of independent directors

25(3) & (4)

Yes

Familiarization of independent directors

25(7)

Yes

Declaration from Independent Director

25(8) & (9)

Yes

D & O Insurance for Independent Directors

25(10)

Yes

Memberships in Committees

26(1)

Yes

Affirmation with compliance to code of conduct from members of

26(3)

Yes

Board of Directors and Senior management personnel

Disclosure of Shareholding by Non- Executive Directors

26(4)

Yes

Policy with respect to Obligations of directors and senior

26(2) & 26(5)

Yes

management

Page 5 of 7

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Action Construction Equipment Limited published this content on 21 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 April 2023 06:39:09 UTC.