ITI : Corporate Governance for quarter ended 30-09-2021

10/20/21, 3:04 PMCGR_30092021.html

General information about company
Scrip code	523610
NSE Symbol	ITI
MSEI Symbol	NOTLISTED
ISIN	INE248A01017
Name of the entity	ITI Limited
Date of start of financial year	01-04-2021
Date of end of financial year	31-03-2022
Reporting Quarter	Half Yearly
Date of Report	30-09-2021
Risk management committee	Applicable
Market Capitalisation as per immediate previous Financial Year	Top 500 listed entities

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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

No of post of

No of

No of

Number of

Chairperson

Independent

memberships

in Audit/

Directorship

Whether

Directorship

in Audit/

Stakeholder

in listed

special

in listed

Stakeholder

Committee

Tenure

entities

Title

resolution

Date of

entities

Committee(s)

held in listed

Notes for

Notes for

Category

Category

Date

Initial Date

of

including

(Mr

Name of the

Category 2

passed?

passing

Date of Re-

Date of

including

including this

entities

not

not

Sr

PAN

DIN

1 of

3 of

of

of

director

this listed

/

Director

of directors

[Refer Reg.

special

appointment

cessation

this listed

listed entity

including

providing

providing

directors

directors

Birth

appointment

(in

entity (Refer

Ms)

17(1A) of

resolution

entity (Refer

(Refer

this listed

PAN

DIN

months)

Regulation

Listing

Regulation

Regulation

entity (Refer

17A of

Regulations]

17A(1) of

26(1) of

Regulation

Listing

Listing

Listing

26(1) of

Regulations)

Regulations

Regulations)

Listing

Regulations)

Rakesh

Executive

20-

1

Mr

Mohan

ABOPA5600M

07333145

Chairperson

MD

06-

NA

08-06-2016

08-06-2016

1

0

1

0

Director

Agarwal

1962

D

Executive

Not

30-

2

Mr

AAHPV7009H

08605954

08-

NA

07-11-2019

07-11-2019

1

0

2

0

Venkateswarlu

Director

Applicable

1962

Rajeev

Executive

Not

10-

3

Mr

AAWPS1185N

08921307

01-

NA

15-10-2020

15-10-2020

1

0

0

0

Srivastava

Director

Applicable

1968

Rakesh

Executive

Not

23-

4

Mr

Chandra

AAGPT7714C

08953397

11-

NA

07-01-2021

1

0

1

0

Director

Applicable

Tiwari

1963

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I. Composition of Board of Directors

Disclosure of notes on composition of board of directors explanatory

Whether the listed entity has a Regular Chairperson

No of pos

No of

Number of

of

No of

Independent

Chairperso

memberships

Directorship

Directorship

in Audit/

Whether

in Audit/

in listed

in listed

Stakehold

special

Stakeholder

Tenure

entities

entities

Committe

Notes for

Notes for

Title

resolution

Date of

Committee(s)

Category 2

Category

Date

Initial Date

of

including

including

held in list

not

not

(Mr

Name of the

Category 1

passed?

passing

Date of Re-

Date of

including this

Sr

PAN

DIN

of

3 of

of

of

director

this listed

this listed

entities

providing

providing

/

Director

of directors

[Refer Reg.

special

appointment

cessation

listed entity

directors

directors

Birth

appointment

(in

entity (Refer

entity

including

PAN

DIN

Ms)

17(1A) of

resolution

(Refer

months)

Regulation

(Refer

this listed

Listing

Regulation

17A of

Regulation

entity (Ref

Regulations]

26(1) of

Listing

17A(1) of

Regulatio

Listing

Regulations)

Listing

26(1) of

Regulations)

Regulations

Listing

Regulation

Non-

22-

Milind

Executive -

Not

5

Mr

AHSPB4368H

09168118

06-

NA

07-05-2021

1

0

1

0

Bhurke

Nominee

Applicable

1962

Director

Non-

12-

Rajesh

Executive -

Not

6

Mr

AEEPS3080C

08200125

03-

NA

14-08-2018

01-08-2021

1

0

0

2

Sharma

Nominee

Applicable

1965

Director

Non-

15-

K R

Executive -

Not

29-08-

7

Mr

ACMPS1343N

08211253

07-

NA

30-08-2018

30-08-2018

36

0

0

0

0

Shanmugam

Independent

Applicable

2021

1960

Director

Non-

01-

Rajen

Executive -

Not

07-08-

8

Mr

AAJPV0530H

08196235

07-

NA

08-08-2018

08-08-2018

36

0

0

0

0

Vidyarthi

Independent

Applicable

2021

1964

Director

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I. Composition of Board of Directors

Disclosure of notes on composition of board of directors explanatory

Whether the listed entity has a Regular Chairperson

No of post

No of

Number of

of

No of

Independent

Chairperson

memberships

Directorship

Directorship

in Audit/

Whether

in Audit/

in listed

in listed

Stakeholder

special

Stakeholder

Tenure

entities

entities

Committee

Notes for

Notes for

Title

resolution

Date of

Committee(s)

Name of

Category 2

Category

Date

Initial Date

of

including

including

held in listed

not

not

(Mr

Category 1

passed?

passing

Date of Re-

Date of

including this

Sr

the

PAN

DIN

of

3 of

of

of

director

this listed

this listed

entities

providing

providing

/

of directors

[Refer Reg.

special

appointment

cessation

listed entity

Director

directors

directors

Birth

appointment

(in

entity (Refer

entity

including

PAN

DIN

Ms)

17(1A) of

resolution

(Refer

months)

Regulation

(Refer

this listed

Listing

Regulation

17A of

Regulation

entity (Refer

Regulations]

26(1) of

Listing

17A(1) of

Regulation

Listing

Regulations)

Listing

26(1) of

Regulations)

Regulations

Listing

Regulations)

Non-

21-

Mayank

Executive -

Not

12-08-

9

Mr

ACCPG9676J

03501227

11-

NA

13-08-2018

13-08-2018

36

0

0

0

0

Gupta

Independent

Applicable

2021

1963

Director

Non-

01-

Akhilesh

Executive -

Not

07-08-

10

Mr

ACTPD9987A

08195896

07-

NA

08-08-2018

08-08-2018

36

0

0

0

0

Dube

Independent

Applicable

2021

1957

Director

	Text Block
	1. ITI Limited, being a Public Sector Undertaking, the Directors on the Board of the Company are
	appointed by the order of Government of India. The composition of Board of Directors is not as per the
	provisions of SEBI Listing Regulations due to absence of Independent Directors including woman
	independent director. However, the Company has made representations to the Administrative Ministry to
Textual Information(1)	expedite the appointment of Independent Directors including Woman Independent Director on the Board
	of the Company.
	2.Dt of Appt for Lt Gen Milind N Bhurke, Dr Rajesh Sharma, Mr Rajen Vidyarthi, Mr Mayank Gupta,
	Dr Akhilesh Dube and Dr K R Shanmugam are effective from the date of obtaining DIN.

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					Annexure 1
					II. Composition of Committees
				Disclosure of notes on composition of committees explanatory	Textual Information(1)
					Annexure 1 Text Block
				ITI Limited, being a Public Sector Undertaking, the Directors on the Board of the Company are
				appointed by the order of Government of India. The constitution of Board sub-committees are not as
Textual Information(1)		per the provisions of SEBI Listing Regulations due to absence of Independent Directors. However, the
				Company has made representations to the Administrative Ministry to expedite the appointment of
				Independent Directors, so as to comply with the provisions relating to composition of Committees.
Audit Committee Details
				Whether the Audit Committee has a Regular Chairperson	Yes
Sr	DIN	Name of Committee	Category 1 of directors	Category 2 of	Date of	Date of		Remarks
Number	members		directors	Appointment	Cessation
1	08211253	K R Shanmugam		Non-Executive - Independent	Chairperson	10-11-2018	29-08-2021
	Director
2	08196235	Rajen Vidyarthi		Non-Executive - Independent	Member	10-11-2018	07-08-2021
	Director
3	03501227	Mayank Gupta		Non-Executive - Independent	Member	26-06-2020	12-08-2021
	Director
4	08953397	Rakesh Chandra Tiwari	Executive Director	Member	03-08-2021
5	08200125	Rajesh Sharma		Non-Executive - Nominee	Chairperson	29-09-2021
	Director
6	09168118	Milind Bhurke		Non-Executive - Nominee	Member	29-09-2021
	Director
7	08605954	D Venkateswarlu		Executive Director	Member	29-09-2021

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