General information about company | |
| Scrip code | 523618 |
| Name of the entity | DREDGING CORPORATION OF INDIA LIMITED |
| Date of start of financial year | 01-04-2016 |
| Date of end of financial year | 31-03-2017 |
| Reporting Quarter | Quarterly |
| Date of Report | 31-12-2016 |
| Risk management committee | Not 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 explanatory | ||||||||||||||
| Is there any change in information of board of directors compare to previous quarter | 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 appointment in the current term | Date of cessation | Tenure 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 |
| 1 | Mr | RAJESH TRIPATHI | ACFPT4853R | 03379442 | Executive Director | Chairperson | CEO-MD | 02-02-2015 | 3 | 0 | 0 | |||
| 2 | Mr | S CHARLES | AAVPS5366E | 07063274 | Executive Director | Not Applicable | 26-12-2014 | 0 | 0 | 0 | ||||
| 3 | Mr | M S RAO | AFYPM7690D | 07198524 | Executive Director | Not Applicable | 01-06-2015 | 0 | 0 | 0 | ||||
| 4 | Mr | BARUN MITRA | AALPP7025R | 07012558 | Non-Executive - Nominee Director | Not Applicable | 20-01-2015 | 2 | 0 | 0 | ||||
Annexure I | ||||||||||||||
Annexure I to be submitted by listed entity on quarterly basis | ||||||||||||||
I. Composition of Board of Directors | ||||||||||||||
| Sr | Title (Mr / Ms) | Name of the Director | PAN | DIN | Category 1 of directors | Category 2 of directors | Category 3 of directors | Date of appointment in the current term | Date of cessation | Tenure 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 |
| 5 | Mr | SANJEEV RANJAN | ZZZZZ9999Z | 02977371 | Non-Executive - Nominee Director | Not Applicable | 03-04-2013 | 1 | 0 | 0 | Textual Information(2) | |||
| 6 | Ms | SHEILA SANGWAN | ABDPS3200Q | 01857875 | Non-Executive - Independent Director | Not Applicable | Shareholder Director | 23-03-2016 | 36 | 8 | 0 | 0 | ||
| 7 | Ms | SHOBHA VRUSHALI WAGHMARE | AAUPW3612Q | 07479570 | Non-Executive - Independent Director | Not Applicable | Shareholder Director | 23-03-2016 | 36 | 0 | 0 | 0 | ||
Text Block | |
| Textual Information(1) | Shri Sanjeev Rajan was appointed on the Board of the Company w.e.f. 22/09/2016. |
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 quarter | Yes | ||||
| Sr | Name Of Committee | Name of Committee members | Category 1 of directors | Category 2 of directors | Name of other committee |
| 1 | Audit Committee | Ms. Sheila Sangwan | Non-Executive - Independent Director | Chairperson | |
| 2 | Audit Committee | Ms. Shobha Vrushali Waghmare | Non-Executive - Independent Director | Member | |
| 3 | Audit Committee | Mr. Barun Mitra | Non-Executive - Nominee Director | Member | |
| 4 | Nomination and remuneration committee | Ms. Sheila Sangwan | Non-Executive - Independent Director | Chairperson | |
| 5 | Nomination and remuneration committee | Ms. Shobha Vrushali Waghmare | Non-Executive - Independent Director | Member | |
| 6 | Nomination and remuneration committee | Mr. Barun Mitra | Non-Executive - Nominee Director | Member | |
| 7 | Stakeholders Relationship Committee | Ms. Sheila Sangwan | Non-Executive - Independent Director | Chairperson | |
| 8 | Stakeholders Relationship Committee | Ms. Shobha Vrushali Waghmare | Non-Executive - Independent Director | Member | |
| 9 | Stakeholders Relationship Committee | Mr. Barun Mitra | Non-Executive - Nominee Director | Member | |
| 10 | Corporate Social Responsibility Committee | Ms. Sheila Sangwan | Non-Executive - Independent Director | Chairperson | |
Annexure 1 | |||||
II. Composition of Committees | |||||
| Sr | Name Of Committee | Name of Committee members | Category 1 of directors | Category 2 of directors | Name of other committee |
| 11 | Corporate Social Responsibility Committee | Shri S Charles | Executive Director | Member | |
| 12 | Corporate Social Responsibility Committee | Shri M S Rao | Executive Director | Member | |
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) |
| 1 | 22-07-2016 | ||
| 2 | 13-09-2016 | 52 | |
| 3 | 19-09-2016 | 5 | |
| 4 | 02-12-2016 | 73 | |
Annexure 1 | |||||||
IV. Meeting of Committees | |||||||
| Disclosure of notes on meeting of committees explanatory | |||||||
| Sr | Name of Committee | Date(s) of meeting of the committee in the relevant quarter | Whether requirement of Quorum met (Yes/No) | Requirement of Quorum met (details) | Date(s) of meeting of the committee in the previous quarter | Maximum gap between any two consecutive meetings (in number of days) | Name of other committee |
| 1 | Audit Committee | Yes | Ms. Sheila Sangwan | 22-07-2016 | 52 | ||
| 2 | Audit Committee | Yes | Ms. Shobha Vrushali Waghmare | ||||
| 3 | Audit Committee | Yes | Mr. B. Poiyaamozhi | ||||
| 4 | Audit Committee | Yes | Ms. Sheila Sangwan | 13-09-2016 | 52 | ||
| 5 | Audit Committee | Yes | Ms. Shobha Vrushali Waghmare | ||||
| 6 | Audit Committee | Yes | Mr. Barun Mitra | ||||
Annexure 1 | |||||||
IV. Meeting of Committees | |||||||
| Sr | Name of Committee | Date(s) of meeting of the committee in the relevant quarter | Whether requirement of Quorum met (Yes/No) | Requirement of Quorum met (details) | Date(s) of meeting of the committee in the previous quarter | Maximum gap between any two consecutive meetings (in number of days) | Name of other committee |
| 7 | Audit Committee | Yes | Ms. Sheila Sangwan | 19-09-2016 | 5 | ||
| 8 | Audit Committee | Yes | Ms. Shobha Vrushali Waghmare | ||||
| 9 | Audit Committee | Yes | Mr. Barun Mitra | ||||
| 10 | Audit Committee | 02-12-2016 | Yes | Ms. Sheila Sangwan | 74 | ||
| 11 | Audit Committee | Yes | Ms. Shobha Vrushali Waghmare | ||||
| 12 | Audit Committee | Yes | Mr. Barun Mitra | ||||
Annexure 1 | |||||||
IV. Meeting of Committees | |||||||
| Sr | Name of Committee | Date(s) of meeting of the committee in the relevant quarter | Whether requirement of Quorum met (Yes/No) | Requirement of Quorum met (details) | Date(s) of meeting of the committee in the previous quarter | Maximum gap between any two consecutive meetings (in number of days) | Name of other committee |
| 13 | Stakeholders Relationship Committee | Yes | Ms. Sheila Sangwan | 22-07-2016 | 786 | ||
| 14 | Stakeholders Relationship Committee | Yes | Ms. Shobha Vrushali Waghmare | ||||
| 15 | Stakeholders Relationship Committee | Yes | Mr. B. Poiyaamozhi | ||||
| 16 | Corporate Social Responsibility Committee | Yes | Ms. Sheila Sangwan | 13-09-2016 | 715 | ||
| 17 | Corporate Social Responsibility Committee | Yes | Mr. S Charles | ||||
| 18 | Corporate Social Responsibility Committee | Yes | Mr. M S Rao | ||||
| 19 | Corporate Social Responsibility Committee | 09-12-2016 | Yes | Ms. Sheila Sangwan | 5 | ||
| 20 | Corporate Social Responsibility Committee | Yes | Mr. S Charles | ||||
| 21 | Corporate Social Responsibility Committee | Yes | Mr. M S Rao | ||||
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 | NA | |
| 2 | Whether shareholder approval obtained for material RPT | NA | |
| 3 | Whether details of RPT entered into pursuant to omnibus approval have been reviewed by Audit Committee | NA | |
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 | No |
| 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 100 listed entities) | NA |
| 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 |
Signatory Details | |
| Name of signatory | K ASWINI SREEKANTH |
| Designation of person | Company Secretary |
| Place | VISAKHAPATNAM |
| Date | 24-01-2017 |