Indian Hume Pipe : Compliance with Corporate Governance
April 07, 2022 at 03:43 am EDT
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General information about company
Scrip code
504741
NSE Symbol
INDIANHUME
MSEI Symbol
NOTLISTED
ISIN
INE323C01030
Name of the entity
THE INDIAN HUME PIPE COMPANY LIMITED
Date of start of financial year
01-04-2021
Date of end of financial year
31-03-2022
Reporting Quarter
Yearly
Date of Report
31-03-2022
Risk management committee
Applicable
Market Capitalisation as per immediate previous Financial Year
Top 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 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
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 (Refer Regulation 17A(1) of Listing Regulations
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)
Notes for not providing PAN
Notes for not providing DIN
1
Mr
RAJAS R. DOSHI
AAGPD1299L
00050594
Executive Director
Chairperson related to Promoter
MD
01-09-1951
NA
30-06-1988
01-07-2018
0
1
0
2
1
2
Mr
MAYUR R. DOSHI
AAJPD2774M
00250358
Executive Director
Not Applicable
12-03-1979
NA
28-05-2012
01-07-2019
0
1
0
1
0
3
Ms
JYOTI R. DOSHI
AAEPD8402F
00095732
Non-Executive - Non Independent Director
Not Applicable
19-08-1953
NA
27-05-1996
26-08-2021
0
1
0
0
0
4
Ms
ANIMA B. KAPADIA
AEZPK6241A
00095831
Non-Executive - Non Independent Director
Not Applicable
04-07-1951
NA
27-07-2001
04-09-2020
0
1
0
2
1
I. Composition of Board of Directors
Disclosure of notes on composition of board of directors explanatory
Whether the listed entity has a Regular Chairperson
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
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 (Refer Regulation 17A(1) of Listing Regulations
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)
Notes for not providing PAN
Notes for not providing DIN
5
Mr
RAJENDRA M. GANDHI
AAXPG4776A
00095753
Non-Executive - Independent Director
Not Applicable
Shareholder Director
19-02-1947
Yes
26-07-2019
27-05-1996
25-07-2019
92
1
1
1
1
6
Mr
RAMESHWAR D. SARDA
AFFPS9346K
00095766
Non-Executive - Independent Director
Not Applicable
Shareholder Director
30-09-1953
NA
26-07-2019
27-05-1996
25-07-2019
92
1
1
1
0
7
Mr
VIJAY KUMAR JATIA
AACPJ2614H
00096977
Non-Executive - Independent Director
Not Applicable
Shareholder Director
08-10-1957
NA
26-07-2019
25-10-2001
25-07-2019
92
1
1
4
0
8
Ms
SUCHETA N. SHAH
AAFPS0922E
00322403
Non-Executive - Independent Director
Not Applicable
Shareholder Director
31-08-1966
NA
12-02-2020
12-02-2020
25
2
2
3
2
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
00095753
RAJENDRA M. GANDHI
Non-Executive - Independent Director
Chairperson
25-10-2001
2
00095766
RAMESHWAR D. SARDA
Non-Executive - Independent Director
Member
25-10-2001
3
00096977
VIJAY KUMAR JATIA
Non-Executive - Independent Director
Member
28-06-2002
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
00096977
VIJAY KUMAR JATIA
Non-Executive - Independent Director
Chairperson
28-06-2002
2
00095753
RAJENDRA M. GANDHI
Non-Executive - Independent Director
Member
04-01-2012
3
00050594
RAJAS R. DOSHI
Executive Director
Member
07-05-2015
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
00095831
ANIMA B. KAPADIA
Non-Executive - Non Independent Director
Chairperson
25-10-2001
2
00050594
RAJAS R. DOSHI
Executive Director
Member
25-10-2001
3
00322403
SUCHETA NILESH SHAH
Non-Executive - Independent Director
Member
16-03-2020
Risk Management Committee
Whether the Risk Management 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
00050594
RAJAS R. DOSHI
Executive Director
Chairperson
12-11-2014
2
00250358
MAYUR R. DOSHI
Executive Director
Member
12-11-2014
3
00095753
RAJENDRA M. GANDHI
Non-Executive - Independent Director
Member
12-06-2021
Corporate Social Responsibility Committee
Whether the Corporate Social Responsibility 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
00050594
RAJAS R. DOSHI
Executive Director
Chairperson
27-05-2014
2
00095732
JYOTI R. DOSHI
Non-Executive - Non Independent Director
Member
27-05-2014
3
00095766
RAMESHWAR D. SARDA
Non-Executive - Independent Director
Member
27-05-2014
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
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)
Number of Directors present* (All directors including Independent Director)
No. of Independent Directors attending the meeting*
1
08-10-2021
Yes
8
4
2
11-11-2021
33
Yes
8
4
3
10-02-2022
90
Yes
8
4
Annexure 1
IV. Meeting of Committees
Disclosure of notes on meeting of committees explanatory
Sr
Name of Committee
Date(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 committee
Reson for not providing date
Whether requirement of Quorum met (Yes/No)
Number of Directors present* (All directors including Independent Director)
No. of Independent Directors attending the meeting*
1
Audit Committee
08-10-2021
Yes
3
3
2
Audit Committee
11-11-2021
33
Yes
3
3
3
Audit Committee
10-02-2022
90
Yes
3
3
4
Stakeholders Relationship Committee
11-11-2021
Yes
3
3
5
Nomination and remuneration committee
10-02-2022
Yes
3
2
6
Corporate Social Responsibility Committee
10-02-2022
Yes
3
1
Annexure 1
IV. Meeting of Committees
Sr
Name of Committee
Date(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 committee
Reson for not providing date
Whether requirement of Quorum met (Yes/No)
Number of Directors present* (All directors including Independent Director)
No. of Independent Directors attending the meeting*
7
Risk Management Committee
27-10-2021
Yes
3
1
8
Risk Management Committee
22-03-2022
Yes
3
1
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
Yes
3
Whether details of RPT entered into pursuant to omnibus approval have been reviewed by Audit Committee
Yes
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 500 listed entities)
Yes
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
S. M. MANDKE
2
Designation
Company Secretary and Compliance Officer
Annexure II
Annexure II 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
Sr
Item
Compliance status (Yes/No/NA)
If status is "No" details of non-compliance may be given here.
Web address
1
Details of business
Yes
www.indianhumepipe.com
2
Terms and conditions of appointment of independent directors
Yes
www.indianhumepipe.com
3
Composition of various committees of board of directors
Yes
www.indianhumepipe.com
4
Code of conduct of board of directors and senior management personnel
Yes
www.indianhumepipe.com
5
Details of establishment of vigil mechanism/ Whistle Blower policy
Yes
www.indianhumepipe.com
6
Criteria of making payments to non-executive directors
Yes
www.indianhumepipe.com
7
Policy on dealing with related party transactions
Yes
www.indianhumepipe.com
8
Policy for determining 'material' subsidiaries
NA
9
Details of familiarization programmes imparted to independent directors
Yes
www.indianhumepipe.com
Annexure II
Annexure II 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
Sr
Item
Compliance status (Yes/No/NA)
If status is "No" details of non-compliance may be given here.
Web address
10
Contact information of the designated officials of the listed entity who are responsible for assisting and handling investor grievances
Yes
www.indianhumepipe.com
11
email address for grievance redressal and other relevant details
Yes
www.indianhumepipe.com
12
Financial results
Yes
www.indianhumepipe.com
13
Shareholding pattern
Yes
www.indianhumepipe.com
14
Details of agreements entered into with the media companies and/or their associates
NA
15
Schedule of analyst or institutional investor meet and presentations made by the listed entity to analysts or institutional investors simultaneously with submission to stock exchange
NA
16
New name and the old name of the listed entity
NA
17
Advertisements as per regulation 47 (1)
Yes
www.indianhumepipe.com
18
Credit rating or revision in credit rating obtained
Yes
www.indianhumepipe.com
19
Separate audited financial statements of each subsidiary of the listed entity in respect of a relevant financial year
NA
20
Whether company has provided information under separate section on its website as per Regulation 46(2)
Yes
www.indianhumepipe.com
21
Materiality Policy as per Regulation 30
Yes
www.indianhumepipe.com
22
Dividend Distribution policy as per Regulation 43A (as applicable)
NA
23
It is certified that these contents on the website of the listed entity are correct
Yes
www.indianhumepipe.com
Annexure II
II. Annual Affirmations
Sr
Particulars
Regulation Number
Compliance status (Yes/No/NA)
If status is "No" details of non-compliance may be given here.
1
Independent director(s) have been appointed in terms of specified criteria of 'independence' and/or 'eligibility'
16(1)(b) & 25(6)
Yes
2
Board composition
17(1), 17(1A) & 17(1B)
Yes
3
Meeting of Board of directors
17(2)
Yes
4
Quorum of Board meeting
17(2A)
Yes
5
Review of Compliance Reports
17(3)
Yes
6
Plans for orderly succession for appointments
17(4)
Yes
7
Code of Conduct
17(5)
Yes
8
Fees/compensation
17(6)
Yes
9
Minimum Information
17(7)
Yes
10
Compliance Certificate
17(8)
Yes
Annexure II
II. Annual Affirmations
Sr
Particulars
Regulation Number
Compliance status (Yes/No/NA)
If status is "No" details of non-compliance may be given here.
11
Risk Assessment & Management
17(9)
Yes
12
Performance Evaluation of Independent Directors
17(10)
Yes
13
Recommendation of Board
17(11)
Yes
14
Maximum number of Directorships
17A
Yes
15
Composition of Audit Committee
18(1)
Yes
16
Meeting of Audit Committee
18(2)
Yes
17
Composition of nomination & remuneration committee
19(1) & (2)
Yes
18
Quorum of Nomination and Remuneration Committee meeting
19(2A)
Yes
19
Meeting of Nomination and Remuneration Committee
19(3A)
Yes
20
Composition of Stakeholder Relationship Committee
20(1), 20(2) & 20(2A)
Yes
Annexure II
II. Annual Affirmations
Sr
Particulars
Regulation Number
Compliance status (Yes/No/NA)
If status is "No" details of non-compliance may be given here.
21
Meeting of Stakeholders Relationship Committee
20(3A)
Yes
22
Composition and role of risk management committee
21(1),(2),(3),(4)
Yes
23
Meeting of Risk Management Committee
21(3A)
Yes
24
Vigil Mechanism
22
Yes
25
Policy for related party Transaction
23(1),(1A),(5),(6),(7) & (8)
Yes
26
Prior or Omnibus approval of Audit Committee for all related party transactions
23(2), (3)
Yes
27
Approval for material related party transactions
23(4)
Yes
28
Disclosure of related party transactions on consolidated basis
23(9)
Yes
29
Composition of Board of Directors of unlisted material Subsidiary
24(1)
NA
30
Other Corporate Governance requirements with respect to subsidiary of listed entity
24(2),(3),(4),(5) & (6)
NA
Annexure II
II. Annual Affirmations
Sr
Particulars
Regulation Number
Compliance status (Yes/No/NA)
If status is "No" details of non-compliance may be given here.
31
Annual Secretarial Compliance Report
24(A)
Yes
32
Alternate Director to Independent Director
25(1)
Yes
33
Maximum Tenure
25(2)
Yes
34
Meeting of independent directors
25(3) & (4)
Yes
35
Familiarization of independent directors
25(7)
Yes
36
Declaration from Independent Director
25(8) & (9)
Yes
37
D & O Insurance for Independent Directors
25(10)
Yes
38
Memberships in Committees
26(1)
Yes
39
Affirmation with compliance to code of conduct from members of Board of Directors and Senior management personnel
26(3)
Yes
40
Disclosure of Shareholding by Non-Executive Directors
26(4)
Yes
41
Policy with respect to Obligations of directors and senior management
26(2) & 26(5)
Yes
Any other information to be provided - Add Notes
Annexure II
1
Name of signatory
S. M. MANDKE
2
Designation
Company Secretary and Compliance Officer
Annexure II
III. Affirmations
Sr
Particulars
Compliance status (Yes/No/NA)
1
The Listed Entity has approved Material Subsidiary Policy and the Corporate Governance requirements with respect to subsidiary of Listed Entity have been complied
NA
Any other information to be provided
Annexure II
1
Name of signatory
S. M. MANDKE
2
Designation
Company Secretary and Compliance Officer
(D) Additional Information
Additional Half yearly Disclosure
Applicability of disclosure
Applicable
Reason for Non Applicability
Textual Information(1)
I. Disclosure of Loans/ guarantees/comfort letters /securities etc.refer note below
(A)Any loan or any other form of debt advanced by the listed entity directly or indirectly to
Entity
Aggregate amount advanced during six months
Balance outstanding at the end of six months
Promoter or any other entity controlled by them
0
0
Promoter Group or any other entity controlled by them
0
0
Directors (including relatives) or any other entity controlled by them
0
0
KMPs or any other entity controlled by them
0
0
(B) Any guarantee / comfort letter (by whatever name called) provided by the listed entity directly or indirectly, in connection with any loan(s) or any other form of debt availed By
Entity
Type (guarantee, comfort letter etc.)
Aggregate amount of issuance during six months
Balance outstanding at the end of six months(taking into account any invocation)
Promoter or any other entity controlled by them
0
0
0
Promoter Group or any other entity controlled by them
0
0
0
Directors (including relatives) or any other entity controlled by them
0
0
0
KMPs or any other entity controlled by them
0
0
0
(C) Any security provided by the listed entity directly or indirectly, in connection with any loan(s) or any other form of debt availed by
Entity
Type of security (cash, shares etc.)
Aggregate value of security provided during six months
Balance outstanding at the end of six months
Promoter or any other entity controlled by them
0
0
0
Promoter Group or any other entity controlled by them
0
0
0
Directors (including relatives) or any other entity controlled by them
0
0
0
KMPs or any other entity controlled by them
0
0
0
Textual Information(2)
II. Affirmations
Affirmations
Compliance Status
Company Remarks
All loans (or other form of debt), guarantees, comfort letters (by whatever name called) or securities in connection with any loan(s) (or other form of debt) given directly or indirectly by the listed entity to promoter(s), promoter group, director(s) (including their relatives), key managerial personnel (including their relatives) or any entity controlled by them are in the economic interest of the company.
Yes
Textual Information(3)
Name
M. S. RAJADHKAYSHA
Designation
CFO
Place
MUMBAI
Date
07-04-2022
Signatory Details
Name of signatory
S. M. MANDKE
Designation of person
Company Secretary and Compliance Officer
Place
MUMBAI
Date
07-04-2022
Attachments
Original Link
Original Document
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Disclaimer
The Indian Hume Pipe Co. Ltd. published this content on 07 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 April 2022 07:42:08 UTC.
The Indian Hume Pipe Company Limited is engaged in the construction and maintenance of projects relating to water supply, irrigation, sanitation and sewerage systems and pipe manufacturing. The Company is also involved in the business of manufacturing, laying and jointing of pipelines of various pipe materials, such as RCC pipes, steel pipes, prestressed concrete pipes, penstock pipes, bar wrapped steel cylinder pipes (BWSC), prestressed concrete cylinder pipes (PCCP) and others, which provide infrastructure facility and development of drinking water supply projects, irrigation projects, Sanitation and Sewerage schemes. It offers urban and rural water supply, large diameter irrigation pipelines, head works including pumping machinery, treatment plants, overhead tanks and other allied civil construction. It also manufactures and supplies concrete railway sleepers for Indian railways. The Companyâs customers are central government, various state governments and local bodies.