General information about company

Scrip code532961
Name of the entityM/s Sita Shree Food Products Limited
Date of start of financial year01-04-2016
Date of end of financial year31-03-2017
Reporting QuarterQuarterly
Date of Report31-12-2016
Risk management committeeNot Applicable



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)
Is there any change in information of board of directors compare to previous quarterYes
SrTitle (Mr / Ms)Name of the DirectorPANDINCategory 1 of directorsCategory 2 of directorsCategory 3 of directorsDate of appointment in the current term Date of cessationTenure of director (in months) No of Directorship in listed entities including this listed entity (Refer Regulation 25(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
1MrDinesh AgrawalAGLPA2931P00348853Executive DirectorChairperson14-10-1996100Textual Information(2)
2MrAshish GoyalAHJPG3882G00144899Executive DirectorNot ApplicableMD13-08-201414-12-2016110Textual Information(3)
3MrMannalal Sethi AZCPS6023N02257939Non-Executive - Non Independent DirectorNot Applicable14-12-2016100Textual Information(4)
4MrSuresh Narayan WaghAAEPW1785G00299724Non-Executive - Independent DirectorNot Applicable01-01-201524120Textual Information(5)



Annexure I

Annexure I to be submitted by listed entity on quarterly basis

I. Composition of Board of Directors

SrTitle (Mr / Ms)Name of the DirectorPANDINCategory 1 of directorsCategory 2 of directorsCategory 3 of directorsDate of appointment in the current term Date of cessationTenure of director (in months) No of Directorship in listed entities including this listed entity (Refer Regulation 25(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
5MrSantosh Kumar GuptaACHPG2911P02307913Non-Executive - Independent DirectorNot Applicable01-01-201524122
6MrGanesh Prasad SharmaAERPS1588Q00377309Non-Executive - Independent DirectorNot Applicable01-01-201524120



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Textual Information(1)
Dinesh Agrawal appointed as CFO of the company w.e.f. 17th September, 2016.
 
Ashish Goyal resigned from the board  from the post of  Managing Director and from the Board w.e.f. 14th December, 2016.
 
Manna Lal Sethi has appointed as Non Executive Additional Director of the company w.e.f. 14th December, 2016.
 
Suresh Narayan Wagh has ceased to be the Director of the Company due to his sad demise on 01st January, 2017.
Textual Information(2)
Dinesh Agrawal appointed as CFO of the company w.e.f. 17th September, 2016.
Textual Information(3)
Ashish Goyal resigned from the board  from the post of  Managing Director and from the Board w.e.f. 14th December, 2016
Textual Information(4)
Manna Lal Sethi has appointed as Non Executive Additional Director of the company w.e.f. 14th December, 2016.
Textual Information(5)
Suresh Narayan Wagh has ceased to be the Director of the Company due to his sad demise on 01st January, 2017.



Annexure 1

II. Composition of Committees

Disclosure of notes on composition of committees explanatory
Is there any change in information of committees compare to previous quarterYes
SrName Of CommitteeName of Committee membersCategory 1 of directorsCategory 2 of directorsName of other committee
1Audit CommitteeMr. Santosh Kumar GuptaNon-Executive - Independent DirectorChairperson
2Audit CommitteeMr. Ganesh Prasad SharmaNon-Executive - Independent DirectorMember
3Audit CommitteeMr. Suresh Narayan WaghNon-Executive - Independent DirectorMember
4Nomination and remuneration committeeMr. Santosh Kumar GuptaNon-Executive - Independent DirectorChairperson
5Nomination and remuneration committeeMr. Ganesh Prasad SharmaNon-Executive - Independent DirectorMember
6Nomination and remuneration committeeMr. Suresh Narayan WaghNon-Executive - Independent DirectorMember
7Stakeholders Relationship CommitteeMr. Santosh Kumar GuptaNon-Executive - Independent DirectorChairperson
8Stakeholders Relationship CommitteeMr. Ganesh Prasad SharmaNon-Executive - Independent DirectorMember
9Stakeholders Relationship CommitteeMr. Suresh Narayan WaghNon-Executive - Independent DirectorMember
10Stakeholders Relationship CommitteeMr. Ashish GoyalExecutive DirectorMember



Annexure 1

II. Composition of Committees

SrName Of CommitteeName of Committee membersCategory 1 of directorsCategory 2 of directorsName of other committee
11Corporate Social Responsibility CommitteeMr. Ashish GoyalExecutive DirectorChairperson
12Corporate Social Responsibility Committee Mr. Santosh Kumar GuptaNon-Executive - Independent DirectorMember
13Corporate Social Responsibility CommitteeMr. Dinesh AgrawalExecutive DirectorMember



Annexure 1

Annexure 1

III. Meeting of Board of Directors

Disclosure of notes on meeting of board of directors explanatoryTextual Information(1)
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)
131-08-2016
214-09-201613
317-09-20162
405-12-201678
514-12-20168
630-12-201615



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Textual Information(1)
Meeting scheduled at 14-09-2016 was held and subsequently adjourned due to want of some information and was rescheduled and held on 17-09-2016.



Annexure 1

IV. Meeting of Committees

Disclosure of notes on meeting of committees explanatory
SrName of CommitteeDate(s) of meeting of the committee in the relevant quarterWhether requirement of Quorum met (Yes/No)Requirement of Quorum met (details)Date(s) of meeting of the committee in the previous quarterMaximum gap between any two consecutive meetings (in number of days)Name of other committee
1Audit Committee14-12-2016YesOut of Three Members; Two Members were present throughout the meeting.31-08-2016104
2Audit Committee14-12-2016YesOut of Three Members; Two Members were present throughout the meeting.14-09-201690
3Audit Committee14-12-2016YesOut of Three Members; Two Members were present throughout the meeting.17-09-201687
4Nomination and remuneration committee14-12-2016YesOut of Three Members; Two Members were present throughout the meeting.31-08-2016104
5Nomination and remuneration committee14-12-2016YesOut of Three Members; Two Members were present throughout the meeting.17-09-201687



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 obtainedYes
2Whether shareholder approval obtained for material RPTYes
3Whether details of RPT entered into pursuant to omnibus approval have been reviewed by Audit CommitteeYes
Disclosure of notes of material transaction with related partyTextual Information(1)



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Textual Information(1)
* There were no Material Related Party Transaction (i.e. exceeding 10% of the turnover as per the Last Audited account of the Company) during the period.



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, 2015No
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 100 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
9Any comments/observations/advice of Board of Directors may be mentioned here:Textual Information(1)



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Textual Information(1)
* Shri Ashish Goyal has resigned from the board  from the post of Managing director  of the company w.e.f. 14th December, 2016.
** Shri Mannalal Sethi, has been appointed as Non executive Non Independent director of the Company w.e.f.14th December, 2016.
*** Shri Suresh Narayan Wagh, Independent Director of the Company  has ceased to be the Director of the Company due to his sad demise on 1st January, 2017.
**** There is no women director in the composition of board, the company is trying to appoint a women director but not able to find any candidate for that.
 
 



Signatory Details

Name of signatoryVipenjeet Kaur Banger
Designation of personCompliance Officer
PlaceIndore
Date14-01-2017