General information about company | |
| Scrip code | 531719 |
| NSE Symbol | BHAGCHEM |
| MSEI Symbol | NOTLISTED |
| ISIN | INE414D01027 |
| Name of the entity | BHAGIRADHA CHEMICALS & INDUSTRIES LIMITED |
| Date of start of financial year | 01-04-2024 |
| Date of end of financial year | 31-03-2025 |
| Reporting Quarter | Quarterly |
| Date of Report | 31-12-2024 |
| Risk management committee | Applicable |
| Market Capitalisation as per immediate previous Financial Year | Top 2000 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 | Textual Information(1) | ||||||||||||||||||||||||
| Whether the listed entity has a Regular Chairperson | Yes | ||||||||||||||||||||||||
| Whether Chairperson is related to MD or CEO | No | ||||||||||||||||||||||||
| Sr | Title (Mr / Ms) | Name of the Director | PAN | DIN | Category 1 of directors | Category 2 of directors | Category 3 of directors | Date of Birth | |||||||||||||||||
| 1 | Mr | KISHOR SHAH | AJAPS3285Q | 00193288 | Non-Executive - Independent Director | Chairperson | 06-02-1964 | ||||||||||||||||||
| 2 | Mr | SINGAVARAPU CHANDRASEKHAR | AUQPS8036G | 00159543 | Executive Director | Not Applicable | MD | 19-12-1977 | |||||||||||||||||
| 3 | Mrs | LALITHA SREE SINGAVARAPU | ATFPS3820A | 06957985 | Non-Executive - Non Independent Director | Not Applicable | 03-01-1978 | ||||||||||||||||||
| 4 | Mr | KRISHNARAO S V GADEPALLI | ACYPG3403D | 08199210 | Non-Executive - Independent Director | Not Applicable | 02-11-1957 | ||||||||||||||||||
| 5 | Ms | GUDIPATI ARUNA | AFAPA6546E | 08978947 | Non-Executive - Independent Director | Not Applicable | 01-01-1961 | ||||||||||||||||||
| 6 | Mr | ARVIND KUMAR ANEGONDI | AEJPA8710L | 03097192 | Executive Director | Not Applicable | CEO | 10-04-1978 | |||||||||||||||||
| 7 | Mr | SURESH KUMAR SOMANI | ALLPS7238J | 00031096 | Non-Executive - Non Independent Director | Not Applicable | 19-05-1963 | ||||||||||||||||||
| 8 | Mr | SATYANARAYANA RAJU KANUMURU | ADFPK5468G | 00008177 | Non-Executive - Independent Director | Not Applicable | 29-06-1950 | ||||||||||||||||||
I. Composition of Board of Directors | |||||||||||||||||||||||||
Disqualification of Directors under section 164 of the Companies Act, 2013 | |||||||||||||||||||||||||
| Sr | Whether the director is disqualified? | Start Date of disqualification | End Date of disqualification | Details of disqualification | Current status | ||||||||||||||||||||
| 1 | No | Active | |||||||||||||||||||||||
| 2 | No | Active | |||||||||||||||||||||||
| 3 | No | Active | |||||||||||||||||||||||
| 4 | No | Active | |||||||||||||||||||||||
| 5 | No | Active | |||||||||||||||||||||||
| 6 | No | Active | |||||||||||||||||||||||
| 7 | No | Active | |||||||||||||||||||||||
| 8 | No | Active | |||||||||||||||||||||||
I. Composition of Board of Directors | |||||||||||||||||||||||||||
| Sr | Whether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations] | Date of passing special resolution | Initial Date of appointment | Date of Re-appointment | Date of cessation | Tenure 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 [with reference to proviso to regulation 17A(1) & 17A(2)] | 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) | Reason for Cessation | Notes for not providing PAN | Notes for not providing DIN | ||||||||||||||
| 1 | NA | 14-09-2020 | 10-08-2021 | 51.18 | 3 | 3 | 5 | 2 | |||||||||||||||||||
| 2 | NA | 27-07-2010 | 04-09-2020 | 1 | 0 | 2 | 0 | ||||||||||||||||||||
| 3 | NA | 11-08-2014 | 12-08-2022 | 1 | 0 | 0 | 0 | ||||||||||||||||||||
| 4 | NA | 13-11-2018 | 13-11-2023 | 73.19 | 1 | 1 | 2 | 2 | |||||||||||||||||||
| 5 | NA | 04-12-2020 | 10-08-2021 | 48.28 | 1 | 1 | 0 | 0 | |||||||||||||||||||
| 6 | NA | 04-08-2023 | 1 | 0 | 0 | 0 | |||||||||||||||||||||
| 7 | NA | 04-11-2023 | 2 | 0 | 0 | 0 | |||||||||||||||||||||
| 8 | NA | 29-07-2005 | 14-12-2021 | 13-12-2024 | 36 | 0 | 0 | 0 | 0 | Tenure Completion | |||||||||||||||||
Text Block | |
| Textual Information(1) | Sri. K. S. Raju Non-Executive Independent Director (in the category of Chairman) of the company ceased to be the director on the Board of the Company and Chairman of the Board and the company with effect from the closing of business hours of December 13, 2024
Sri. Kishor Shah, Non-Executive Independent Director of the Company was appointed as a Regular Non-Executive Chairperson of the Board and the Company with effect from December 14, 2024, up to the conclusion of his term of appointment as an Independent Director i.e. September 13, 2025 |
Audit Committee Details | |||||||
| Whether the Audit Committee has a Regular Chairperson | Yes | ||||||
| Sr | DIN Number | Name of Committee members | Category 1 of directors | Category 2 of directors | Date of Appointment | Date of Cessation | Remarks |
| 1 | 08199210 | KRISHNARAO S V GADEPALLI | Non-Executive - Independent Director | Chairperson | 28-01-2019 | Textual Information(1) | |
| 2 | 00159543 | SINGAVARAPU CHANDRASEKHAR | Executive Director | Member | 29-05-2012 | ||
| 3 | 00193288 | KISHOR SHAH | Non-Executive - Independent Director | Member | 05-11-2020 | ||
Sr Text Block | |
| Textual Information(1) | Date of Appointment mentioned (i.e. 28-01-2019) is the initial date of appointment of Sri. KRISHNARAO S V GADEPALLI (DIN: 08199210) as a member of the Audit committee. Sri. KRISHNARAO S V GADEPALLI was appointed as the Chairperson of the Audit Committee with effect from 14-12-2024. |
Nomination and remuneration committee | |||||||
| Whether the Nomination and remuneration committee has a Regular Chairperson | Yes | ||||||
| Sr | DIN Number | Name of Committee members | Category 1 of directors | Category 2 of directors | Date of Appointment | Date of Cessation | Remarks |
| 1 | 08199210 | KRISHNARAO S V GADEPALLI | Non-Executive - Independent Director | Chairperson | 28-01-2019 | Textual Information(1) | |
| 2 | 08978947 | GUDIPATI ARUNA | Non-Executive - Independent Director | Member | 09-08-2024 | ||
| 3 | 06957985 | LALITHA SREE SINGAVARAPU | Non-Executive - Non Independent Director | Member | 14-12-2024 | Textual Information(2) | |
| 4 | 00008177 | SATYANARAYANA RAJU KANUMURU | Non-Executive - Independent Director | Member | 29-05-2012 | 13-12-2024 | Textual Information(3) |
Sr Text Block | |
| Textual Information(1) | Date of Appointment mentioned (i.e. 28-01-2019) is the initial date of appointment of Sri. Krishnarao S V Gadepalli (DIN: 08199210) as a member of the Nomination & Remuneration Committee. Sri. Krishnarao S V Gadepalli was appointed as the Chairperson of the Nomination & Remuneration Committee with effect from 09-08-2024. |
| Textual Information(2) | Smt. S. Lalitha Sree (DIN: 06957985), Non-Executive - Non- Independent Director, was inducted as the Member of the Nomination & Remuneration Committee with effect from December 14, 2024 |
| Textual Information(3) | Sri. Satyanarayana Raju Kanumuru (DIN: 00008177) ceased to be the Member of the Nomination & Remuneration Committee, with effect from the closing of business hours of 13-12-2024. |
Stakeholders Relationship Committee | |||||||
| Whether the Stakeholders Relationship Committee has a Regular Chairperson | Yes | ||||||
| Sr | DIN Number | Name of Committee members | Category 1 of directors | Category 2 of directors | Date of Appointment | Date of Cessation | Remarks |
| 1 | 08199210 | KRISHNARAO S V GADEPALLI | Non-Executive - Independent Director | Chairperson | 28-01-2019 | ||
| 2 | 00159543 | SINGAVARAPU CHANDRASEKHAR | Executive Director | Member | 10-08-2021 | ||
| 3 | 00193288 | KISHOR SHAH | Non-Executive - Independent Director | Member | 09-08-2024 | ||
Risk Management Committee | |||||||
| Whether the Risk Management Committee has a Regular Chairperson | Yes | ||||||
| Sr | DIN Number | Name of Committee members | Category 1 of directors | Category 2 of directors | Date of Appointment | Date of Cessation | Remarks |
| 1 | 08978947 | GUDIPATI ARUNA | Non-Executive - Independent Director | Chairperson | 04-05-2021 | Textual Information(1) | |
| 2 | 08199210 | KRISHNARAO S V GADEPALLI | Non-Executive - Independent Director | Member | 04-05-2021 | ||
| 3 | 03097192 | ARVIND KUMAR ANEGONDI | Executive Director | Member | 09-08-2024 | ||
Sr Text Block | |
| Textual Information(1) | Date of Appointment mentioned (i.e. 04-05-2021) is the initial date of appointment of Smt. Gudipati Aruna (DIN: 08978947) as a member of the Risk Management Committee. Smt. Gudipati Aruna was appointed as the Chairperson of the Risk Management Committee with effect from 09 -08-2024. |
Corporate Social Responsibility Committee | |||||||
| Whether the Corporate Social Responsibility Committee has a Regular Chairperson | Yes | ||||||
| Sr | DIN Number | Name of Committee members | Category 1 of directors | Category 2 of directors | Date of Appointment | Date of Cessation | Remarks |
| 1 | 08199210 | KRISHNARAO S V GADEPALLI | Non-Executive - Independent Director | Chairperson | 09-08-2024 | ||
| 2 | 00159543 | SINGAVARAPU CHANDRASEKHAR | Executive Director | Member | 14-05-2019 | ||
| 3 | 06957985 | LALITHA SREE SINGAVARAPU | Non-Executive - Non Independent Director | Member | 14-05-2019 | ||
Other Committee | ||||||
| Sr | DIN Number | Name of Committee members | Name of other committee | Category 1 of directors | Category 2 of directors | Remarks |
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) | Notes for not providing Date | Whether requirement of Quorum met (Yes/No) | Total Number of Directors as on date of the meeting | Number of Directors present* (All directors including Independent Director) | No. of Independent Directors attending the meeting* |
| 1 | 02-08-2024 | Yes | 9 | 9 | 5 | |||
| 2 | 12-11-2024 | 101 | Yes | 8 | 8 | 4 | ||
Annexure 1 | ||||||||||
IV. Meeting of Committees | ||||||||||
| Disclosure of notes on meeting of committees explanatory | ||||||||||
| Sr | Name of Committee | Date(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 committee | Reson for not providing date | Whether requirement of Quorum met (Yes/No) | Total Number of Directors in the Committee as on date of the meeting | Number of Directors Present (All Directors including Independent Director) | No. of Independent Directors attending the meeting* | No. of members attending the meeting (other than Board of Directors) |
| 1 | Audit Committee | 02-08-2024 | Yes | 4 | 4 | 3 | 0 | |||
| 2 | Audit Committee | 12-11-2024 | 101 | Yes | 3 | 3 | 2 | 0 | ||
| 3 | Corporate Social Responsibility Committee | 02-11-2024 | Yes | 3 | 3 | 1 | 0 | |||
| 4 | Risk Management Committee | 04-07-2024 | Yes | 3 | 3 | 3 | 0 | |||
| 5 | Other Committee | 01-08-2024 | 27 | Management Committee | Yes | 5 | 5 | 2 | 0 | |
| 6 | Other Committee | 07-11-2024 | 97 | Management Committee | Yes | 4 | 4 | 1 | 0 | |
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 | Yes | |
| 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 | Yes | |
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 | Yes |
| 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 1000 listed entities) | Yes |
| 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 |
Annexure 1 | ||
| Sr | Subject | Compliance status |
| 1 | Name of signatory | Sharanya.M |
| 2 | Designation | Company Secretary and Compliance Officer |
Details of Cyber security incidence | ||
| Whether as per Regulation 27(2)(ba) of SEBI (LODR) Regulations, 2015 there has been cyber security incidents or breaches or loss of data or documents during the quarter | No | |
| Number of cyber security incidence or breaches or loss of data event occurred during the quarter | ||
| Sr. | Date of the event | Brief details of the event |
Signatory Details | |
| Name of signatory | Sharanya.M |
| Designation of person | Company Secretary and Compliance Officer |
| Place | Hyderabad |
| Date | 10-01-2025 |