General information about company

Scrip code509055
NSE SymbolVISAKAIND
MSEI SymbolNOTLISTED
ISININE392A01013
Name of the entityVisaka Industries Limited
Date of start of financial year01-04-2022
Date of end of financial year31-03-2023
Reporting QuarterQuarterly
Date of Report30-06-2022
Risk management committeeApplicable
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 explanatoryTextual Information(1)
Whether the listed entity has a Regular ChairpersonYes
Whether Chairperson is related to MD or CEOYes
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
1MrDr. G. VivekanandACVPG2011Q00011684Non-Executive - Non Independent DirectorChairperson related to Promoter30-11-1958NA18-06-19811010
2MrsG. Saroja VivekanandAFSPG1566L00012994Executive DirectorNot ApplicableMD26-11-1965NA28-01-20031030
3MrG. Vamsi KrishnaARKPK1655L03544943Executive DirectorNot Applicable10-02-1989NA01-06-20141000
4MrJ.P. RaoADQPJ4351A03575950Executive DirectorNot Applicable20-05-1959NA07-05-20151000



I. Composition of Board of Directors

Disclosure of notes on composition of board of directors explanatory

Whether 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
5MrGusti J. NoriaABFPN1327H00015561Non-Executive - Independent DirectorNot Applicable14-10-1957NA01-04-201401-04-2019991110
6MrP. Srikar ReddyAAJPR9128H00001401Non-Executive - Independent DirectorNot Applicable30-05-1958NA25-07-201525-07-2020843140
7MrGogineni Appnender BabuAAPPG2793K00034681Non-Executive - Independent DirectorNot Applicable20-01-1958NA26-05-202026-05-2020251111
8MrsVanitha DatlaACGPD0278B00480422Non-Executive - Independent DirectorNot Applicable30-11-1967NA26-05-202026-05-2020251111



Text Block

Textual Information(1)

Wrt Gusti J.Noria, the company has taken 01.04.2014 as initial date of appointment.

 

Wrt P.Srikar Reddy the company has taken 25.07.2020 as date of reappointment which is effective date instead of AGM date i.e., 23.07.2020

 

Wrt G.Appnender Babu we have taken 26.05.2020 as initial date of appointment as an independent director as approved by the members of the company

 

Wrt Smt. Vanitha Datla, the company has removed 23.07.2020 as date of reappointment as it is only regularization by members.





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
100480422Vanitha DatlaNon-Executive - Independent DirectorChairperson01-04-2021
200015561Gusti J. NoriaNon-Executive - Independent DirectorMember01-04-2021
300001401P. Srikar ReddyNon-Executive - Independent DirectorMember01-04-2021
400012994G. Saroja VivekanandExecutive DirectorMember01-04-2021


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 DirectorChairperson01-04-2021
200001401P. Srikar ReddyNon-Executive - Independent DirectorMember01-04-2021
300034681Gogineni Appnender BabuNon-Executive - Independent DirectorMember01-04-2021


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
100034681Gogineni Appnender BabuNon-Executive - Independent DirectorChairperson01-04-2021
200011684Dr. G. VivekanandNon-Executive - Non Independent DirectorMember01-04-2021
300012994G. Saroja VivekanandExecutive DirectorMember01-04-2021


Risk Management Committee

Whether the Risk Management 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 DirectorChairperson01-04-2021
203544943G. Vamsi KrishnaExecutive DirectorMember01-04-2021
303575950J.P. RaoExecutive DirectorMember01-04-2021
400480422Vanitha DatlaNon-Executive - Independent DirectorMember26-07-2021


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 DirectorChairperson01-04-2021
200034681Gogineni Appnender BabuNon-Executive - Independent DirectorMember01-04-2021
300011684Dr. G. VivekanandNon-Executive - Non Independent DirectorMember01-04-2021
400012994G. Saroja VivekanandExecutive DirectorMember01-04-2021
503575950J.P. RaoExecutive DirectorMember01-04-2021


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* (All directors including Independent Director)No. of Independent Directors attending the meeting*
104-02-2022Yes
230-04-202284Yes62
309-05-20228Yes84



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* (All directors including Independent Director)No. of Independent Directors attending the meeting*
1Audit Committee04-02-2022Yes
2Audit Committee09-05-202293Yes43
3Nomination and remuneration committee30-04-2022Yes22
4Stakeholders Relationship Committee20-04-2022Yes31
5Stakeholders Relationship Committee30-04-2022Yes31
6Stakeholders Relationship Committee05-05-2022Yes31



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)Yes
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 signatoryRamakanth Kunapuli
2DesignationCompany Secretary and Compliance Officer



Signatory Details

Name of signatoryRamakanth Kunapuli
Designation of personCompany Secretary and Compliance Officer
PlaceSecunderabad
Date15-07-2022