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 QuarterYearly
Date of Report31-03-2017
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 DirectorChairperson14-10-1996100
2MrMannalal Sethi AZCPS6023N02257939Non-Executive - Non Independent DirectorNot Applicable14-12-2016120
3MrSantosh Kumar GuptaACHPG2911P02307913Non-Executive - Independent DirectorNot Applicable01-01-201514-02-201726122Textual Information(2)
4MrGanesh Prasad SharmaAERPS1588Q00377309Non-Executive - Independent DirectorNot Applicable01-01-201527120



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
5MrSunil GargAGKPG9323N07645308Non-Executive - Independent DirectorNot Applicable14-02-20172122Textual Information(3)



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Textual Information(1)
Mr. Santosh Kumar Gupta has been resigned  from the post of  Independent Director and from the Board w.e.f. 14th February 2017.

 

Mr. Sunil Garg has been appointed as Independent Director of the company w.e.f. 14th February, 2017.

 
Textual Information(2)
Mr. Santosh Kumar Gupta has been resigned  from the post of  Independent Director and from the Board w.e.f. 14th February 2017.

Textual Information(3)
Mr. Sunil Garg has been appointed as Independent Director of the company w.e.f. 14th February, 2017.




Annexure 1

II. Composition of Committees

Disclosure of notes on composition of committees explanatoryTextual Information(1)
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. Sunil GargNon-Executive - Independent DirectorChairperson
2Audit CommitteeMr. Mannalal SethiNon-Executive - Non Independent DirectorMember
3Audit CommitteeMr. Ganesh Prasad SharmaNon-Executive - Independent DirectorMember
4Nomination and remuneration committeeMr. Sunil GargNon-Executive - Independent DirectorChairperson
5Nomination and remuneration committeeMr. Mannalal SethiNon-Executive - Non Independent DirectorMember
6Nomination and remuneration committeeMr. Ganesh Prasad SharmaNon-Executive - Independent DirectorMember
7Stakeholders Relationship CommitteeMr. Sunil GargNon-Executive - Independent DirectorChairperson
8Stakeholders Relationship CommitteeMr. Mannalal SethiNon-Executive - Non Independent DirectorMember
9Stakeholders Relationship CommitteeMr. Ganesh Prasad SharmaNon-Executive - Independent DirectorMember
10Corporate Social Responsibility CommitteeMr. Dinesh AgrawalExecutive DirectorChairperson



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. Mannalal SethiNon-Executive - Non Independent DirectorMember
12Corporate Social Responsibility CommitteeMr. Sunil GargNon-Executive - Independent DirectorMember



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Textual Information(1)
* All the committees has been re-constituted w.e.f. 14-02-2017 due to Resignation of Mr. Santosh Kumar Gupta & appointment of Mr. Sunil Garg.
 
** ** Mr. Sunil Garg has been appointed as a Chairman of Audit Committee in place of Mr. Santosh Kumar Gupta w.e.f. 14-02-2017.




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)
105-12-2016
214-12-20168
330-12-201615
414-02-201745



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 Committee14-02-2017YesAll the members were present throughout the meeting.14-12-201661
2Nomination and remuneration committee14-02-2017YesAll the members were present throughout the meeting.14-12-201661



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)
*Mr. Santosh Kumar Gupta has been resigned  from the post of  Independent Director and from the Board w.e.f. 14th February 2017.

 

**Mr. Sunil Garg has been appointed as Independent Director of the company w.e.f. 14th February, 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 the same.




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

SrItemCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.Web address
1Details of businessYeshttp://sitashri.com/index.php/about-us
2Terms and conditions of appointment of independent directorsYeshttp://sitashri.com/index.php/shareholder-desk/policies
3Composition of various committees of board of directorsYeshttp://sitashri.com/index.php/shareholder-desk/board-and-committee-structure
4Code of conduct of board of directors and senior management personnelYeshttp://sitashri.com/index.php/shareholder-desk/policies
5Details of establishment of vigil mechanism/ Whistle Blower policyYeshttp://sitashri.com/index.php/shareholder-desk/policies
6Criteria of making payments to non-executive directorsYeshttp://sitashri.com/index.php/shareholder-desk/policies
7Policy on dealing with related party transactionsYeshttp://sitashri.com/index.php/shareholder-desk/policies
8Policy for determining ‘material’ subsidiariesNA
9Details of familiarization programmes imparted to independent directorsYeshttp://sitashri.com/index.php/shareholder-desk/policies



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

SrItemCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.Web address
10Contact information of the designated officials of the listed entity who are responsible for assisting and handling investor grievancesYeshttp://sitashri.com/index.php/shareholder-desk/investor-contact
11email address for grievance redressal and other relevant detailsYeshttp://sitashri.com/index.php/shareholder-desk/investor-contact
12Financial resultsYeshttp://sitashri.com/index.php/shareholder-desk/quarterly-results
13Shareholding patternYeshttp://sitashri.com/index.php/shareholder-desk/shareholding-pattern
14Details of agreements entered into with the media companies and/or their associatesNA
15New name and the old name of the listed entityNA
Disclosure of notes on website in terms of Listing Regulations explantory [Text Block]Textual Information(1)



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Textual Information(1)
This is w.r.t. the point no. 8 of the Annexure II-Website, kindly note that the company has adopted the policy for determining "material subsidiary" and uploaded the same on website of the company. However, the company doesn't have any subsidiary company during the quarter and year under review.



Annexure II

II. Annual Affirmations

SrParticularsRegulation NumberCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.
1Independent director(s) have been appointed in terms of specified criteria of ‘independence’ and/or ‘eligibility’16(1)(b) & 25(6)Yes
2Board composition17(1)NoThere 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.
3Meeting of Board of directors17(2)Yes
4Review of Compliance Reports17(3)Yes
5Plans for orderly succession for appointments17(4)Yes
6Code of Conduct17(5)Yes
7Fees/compensation17(6)Yes
8Minimum Information17(7)Yes
9Compliance Certificate17(8)Yes
10Risk Assessment & Management17(9)Yes



Annexure II

II. Annual Affirmations

SrParticularsRegulation NumberCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.
11Performance Evaluation of Independent Directors17(10)Yes
12Composition of Audit Committee18(1)Yes
13Meeting of Audit Committee18(2)Yes
14Composition of nomination & remuneration committee19(1) & (2)Yes
15Composition of Stakeholder Relationship Committee20(1) & (2)Yes
16Composition and role of risk management committee21(1),(2),(3),(4)NA
17Vigil Mechanism22Yes
18Policy for related party Transaction23(1),(5),(6),(7) & (8)Yes
19Prior or Omnibus approval of Audit Committee for all related party transactions23(2), (3)Yes
20Approval for material related party transactions23(4)Yes



Annexure II

II. Annual Affirmations

SrParticularsRegulation NumberCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.
21Composition of Board of Directors of unlisted material Subsidiary24(1)NA
22Other Corporate Governance requirements with respect to subsidiary of listed entity24(2),(3),(4),(5) & (6)NA
23Maximum Directorship & Tenure25(1) & (2)Yes
24Meeting of independent directors25(3) & (4)Yes
25Familiarization of independent directors25(7)Yes
26Memberships in Committees26(1)Yes
27Affirmation with compliance to code of conduct from members of Board of Directors and Senior management personnel26(3)Yes
28Disclosure of Shareholding by Non-Executive Directors26(4)Yes
29Policy with respect to Obligations of directors and senior management26(2) & 26(5)Yes
Any other information to be provided Textual Information(1)

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Textual Information(1)
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 the same.



Annexure II

III. Affirmations

SrParticularsCompliance status (Yes/No/NA)
1The Listed Entity has approved Material Subsidiary Policy and the Corporate Governance requirements with respect to subsidiary of Listed Entity have been compliedNA
Any other information to be provided






Signatory Details

Name of signatoryVipenjeet Kaur Banger
Designation of personCompliance Officer
PlaceIndore
Date15-04-2017