General information about company

Scrip code509055
NSE SymbolVISAKAIND
MSEI SymbolNOTLISTED
ISININE392A01013
Name of the entityVISAKA INDUSTRIES LIMITED
Date of start of financial year01-04-2020
Date of end of financial year31-03-2021
Reporting QuarterHalf Yearly
Date of Report30-09-2020
Risk management committeeNot Applicable
Market Capitalisation as per immediate previous Financial YearTop 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
Wether the listed entity has a Regular ChairpersonYes
Whether Chairperson is related to MD or CEONo
SrTitle (Mr / Ms)Name of the DirectorPANDINCategory 1 of directorsCategory 2 of directorsCategory 3 of directors Date of BirthWhether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations]Date of passing special resolutionInitial Date of appointmentDate of Re-appointmentDate of cessationTenure 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 RegulationsNumber 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 PANNotes for not providing DIN
1MrBhagirat B. MerchantAAAPM9392B00375025Non-Executive - Independent DirectorChairperson19-05-1946NA22-12-198301-04-2019781111
2MrDr. G. VivekanandACVPG2011Q00011684Non-Executive - Non Independent DirectorNot Applicable30-11-1958NA18-06-198126-10-20091010
3MrsG. Saroja VivekanandAFSPG1566L00012994Executive DirectorNot Applicable26-11-1965NA28-01-200324-10-20191030
4MrG. Vamsi KrishnaARKPK1655L03544943Executive DirectorNot Applicable10-02-1989NA01-06-201406-05-20171000



I. Composition of Board of Directors

Disclosure of notes on composition of board of directors explanatory

Wether the listed entity has a Regular Chairperson

SrTitle (Mr / Ms)Name of the DirectorPANDINCategory 1 of directorsCategory 2 of directorsCategory 3 of directors Date of BirthWhether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations]Date of passing special resolutionInitial Date of appointmentDate of Re-appointmentDate of cessationTenure 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 RegulationsNumber 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 PANNotes for not providing DIN
5MrV. VallinathABOPV4328D06947291Executive DirectorNot Applicable09-05-1957NA09-09-201409-09-201708-09-20201000
6MrJ.P. RaoADQPJ4351A03575950Executive DirectorNot Applicable20-05-1959NA07-05-201507-05-20181000
7MrGusti J. NoriaABFPN1327H00015561Non-Executive - Independent DirectorNot Applicable14-10-1957NA22-02-200001-04-2019781110
8MrV. PattabhiAAVPV9176F00200157Non-Executive - Independent DirectorNot Applicable01-12-1938Yes23-03-201918-06-200301-04-2019782243



I. Composition of Board of Directors

Disclosure of notes on composition of board of directors explanatory

Wether the listed entity has a Regular Chairperson

SrTitle (Mr / Ms)Name of the DirectorPANDINCategory 1 of directorsCategory 2 of directorsCategory 3 of directors Date of BirthWhether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations]Date of passing special resolutionInitial Date of appointmentDate of Re-appointmentDate of cessationTenure 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 RegulationsNumber 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 PANNotes for not providing DIN
9MrP. Srikar ReddyAAJPR9128H00001401Non-Executive - Independent DirectorNot Applicable30-05-1958NA25-07-201523-07-2020623120
10MrGogineni Appnender BabuAAPPG2793K00034681Non-Executive - Independent DirectorNot Applicable20-01-1958NA12-08-201926-05-202041100
11MrsVanitha DatlaACGPD0278B00480422Non-Executive - Independent DirectorNot Applicable30-11-1967NA26-05-202041100




Audit Committee Details

Whether the Audit Committee has a Regular ChairpersonYes
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks
100375025Bhagirat B. MerchantNon-Executive - Independent DirectorChairperson01-04-2014
200200157V. PattabhiNon-Executive - Independent DirectorMember01-04-2014
300015561Gusti J. NoriaNon-Executive - Independent DirectorMember01-04-2014
400012994G. Saroja VivekanandExecutive DirectorMember24-10-2014


Nomination and remuneration committee

Whether the Nomination and remuneration committee has a Regular ChairpersonYes
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks
100015561Gusti J. NoriaNon-Executive - Independent DirectorChairperson22-04-2014
200375025Bhagirat B. MerchantNon-Executive - Independent DirectorMember22-04-2014
300200157V. PattabhiNon-Executive - Independent DirectorMember22-04-2014
400011684Dr. G. VivekanandNon-Executive - Non Independent DirectorMember08-02-2019


Stakeholders Relationship Committee

Whether the Stakeholders Relationship Committee has a Regular ChairpersonYes
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks
100200157V. PattabhiNon-Executive - Independent DirectorChairperson01-04-2014
200011684Dr. G. VivekanandNon-Executive - Non Independent DirectorMember24-10-2014
300012994G. Saroja VivekanandExecutive DirectorMember26-10-2009


Risk Management Committee

Whether the Risk Management Committee has a Regular Chairperson
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks


Corporate Social Responsibility Committee

Whether the Corporate Social Responsibility Committee has a Regular ChairpersonYes
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks
100015561Gusti J. NoriaNon-Executive - Independent DirectorChairperson25-10-2016
200200157V. PattabhiNon-Executive - Independent DirectorMember25-10-2016
300011684Dr. G. VivekanandNon-Executive - Non Independent DirectorMember25-10-2016
400012994G. Saroja VivekanandExecutive DirectorMember25-10-2016
503575950J.P. RaoExecutive DirectorMember07-05-2018


Other Committee

SrDIN NumberName of Committee membersName of other committeeCategory 1 of directorsCategory 2 of directorsRemarks

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)Notes for not providing DateWhether requirement of Quorum met (Yes/No)Number of Directors present*No. of Independent Directors attending the meeting*
102-05-2020Yes105
226-05-202023Yes116
326-06-202030Yes116
405-08-202039Yes116



Annexure 1

IV. Meeting of Committees

Disclosure of notes on meeting of committees explanatory
SrName of CommitteeDate(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 committeeReson for not providing dateWhether requirement of Quorum met (Yes/No)Number of Directors present*No. of Independent Directors attending the meeting*
1Audit Committee26-05-2020Yes43
2Audit Committee05-08-202070Yes43



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 RPTNA
3Whether details of RPT entered into pursuant to omnibus approval have been reviewed by Audit CommitteeYes


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, 2015Yes
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 500 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

Annexure 1

SrSubjectCompliance status
1Name of signatoryI. Srinivas
2DesignationCompany Secretary and Compliance Officer



Annexure III

III. Affirmations

SrParticularsRegulation NumberCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.
1Copy of the annual report including balance sheet, profit and loss account, directors report, corporate governance report, business responsibility report displayed on website46(2)Yes
2Presence of Chairperson of Audit Committee at the Annual General Meeting18(1)(d)Yes
3Presence of Chairperson of the nomination and remuneration committee at the annual general meeting19(3)Yes
4Presence of Chairperson of the Stakeholder Relationship committee at the annual general meeting20(3) Yes
5Whether “Corporate Governance Report” disclosed in Annual Report34(3) read with para C of Schedule VYes
Any other information to be provided




Annexure III

1Name of signatoryI.Srinivas
2DesignationCompany Secretary and Compliance Officer



Signatory Details

Name of signatoryI.Srinivas
Designation of personCompany Secretary and Compliance Officer
PlaceSecunderabad
Date15-10-2020