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 | 01-04-2025 | |
| Date of end of financial year | 31-03-2026 | |
| Reporting Quarter Type | Quarterly | |
| Date of Quarter Ending | 30-06-2025 | |
| Type of company | Equity | |
| Whether Annexure I (Part A) of the SEBI Circular dated December 31, 2024 related to Compliance Report on Corporate Governance is applicable to the entity? | Yes | |
| Whether Annexure I (Part B) of the SEBI Circular dated December 31, 2024 related to Investor Grievance Redressal Report is Applicable to the entity? | Yes | |
| Whether Annexure I (Part C) of the SEBI Circular dated December 31, 2024 related to Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies is Applicable to the entity? | Yes | |
| Whether Annexure I (Part D) of the SEBI Circular dated December 31, 2024 related to Disclosure of Imposition of Fine or Penalty is Applicable to the entity? | No | Annexure I (Part D) of the SEBI Circular dated December 31, 2024 related to Disclosure of Imposition of Fine or Penalty is not applicable to the company during the reporting quarter, as there were no Fines or Penalties imposed during the reporting quarter. |
| Whether Annexure I (Part E) of the SEBI Circular dated December 31, 2024 related to Disclosure of Updates to Ongoing Tax Litigations or Disputes is Applicable to the entity? | No | Annexure I (Part E) of the SEBI Circular dated December 31, 2024 related to Disclosure of Updates to Ongoing Tax Litigations or Disputes is not applicable to the company. |
| Risk management committee | Applicable | |
| Market Capitalisation as per immediate previous Financial Year | Top 1000 listed entities | |
| Is SCORE ID Available ? | Yes | |
| SCORE Registration ID | COMB00113 | |
| Reason For No SCORE ID | ||
| Type of Submission | Original | |
| Remarks (website dissemination) | ||
| Remarks for Exchange (not for Website Dissemination) | ||
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 | |||||||||||||||||||||||||
| 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 | ||||||||||||||||||
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 | |||||||||||||||||||||||
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) & reg. 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 | 57.17 | 3 | 3 | 5 | 2 | |||||||||||||||||||
| 2 | NA | 27-07-2010 | 01-06-2025 | 1 | 0 | 2 | 0 | ||||||||||||||||||||
| 3 | NA | 11-08-2014 | 09-08-2024 | 1 | 0 | 0 | 0 | ||||||||||||||||||||
| 4 | NA | 13-11-2018 | 13-11-2023 | 79.18 | 1 | 1 | 2 | 2 | |||||||||||||||||||
| 5 | NA | 04-12-2020 | 10-08-2021 | 54.27 | 1 | 1 | 0 | 0 | |||||||||||||||||||
| 6 | NA | 04-08-2023 | 1 | 0 | 0 | 0 | |||||||||||||||||||||
| 7 | NA | 04-11-2023 | 2 | 0 | 1 | 0 | |||||||||||||||||||||
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 | 00193288 | KISHOR SHAH | Non-Executive - Independent Director | Member | 13-05-2025 | Textual Information(2) | |
| 4 | 00031096 | SURESH KUMAR SOMANI | Non-Executive - Non Independent Director | Member | 29-05-2025 | Textual Information(3) | |
| 5 | 06957985 | LALITHA SREE SINGAVARAPU | Non-Executive - Non Independent Director | Member | 14-12-2024 | 28-05-2025 | Textual Information(4) |
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) | Sri. Kishor Shah (DIN: 00193288), Non-Executive - Independent Director, was inducted as the Member of the Nomination & Remuneration Committee with effect from May 13, 2025 |
| Textual Information(3) | Sri. Suresh Kumar Somani (DIN 00031096), Non-Executive - Non-Independent Director was appointed as the Member of the Nomination & Remuneration Committee with effect from May 29, 2025 |
| Textual Information(4) | Smt. S. Lalitha Sree (DIN:06957985) Non-Executive - Non-Independent Director ceased to be the member of the Nomination & Remuneration Committee, with effect from the closing of business hours of May 28, 2025 |
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. No. | 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 | 04-01-2025 | Yes | 7 | 7 | 3 | |||
| 2 | 13-02-2025 | 39 | Yes | 7 | 6 | 3 | ||
| 3 | 13-05-2025 | 88 | Yes | 7 | 6 | 3 | ||
| 4 | 28-05-2025 | 14 | Yes | 7 | 7 | 3 | ||
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 | Reason 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 | 13-02-2025 | Yes | 3 | 3 | 2 | 0 | |||
| 2 | Audit Committee | 13-05-2025 | 88 | Yes | 3 | 2 | 2 | 0 | ||
| 3 | Audit Committee | 28-05-2025 | 14 | Yes | 3 | 3 | 2 | 0 | ||
| 4 | Corporate Social Responsibility Committee | 20-03-2025 | Yes | 3 | 3 | 1 | 0 | |||
| 5 | Corporate Social Responsibility Committee | 28-05-2025 | 68 | Yes | 3 | 3 | 1 | 0 | ||
| 6 | Other Committee | 13-02-2025 | Management Committee | Yes | 4 | 3 | 1 | 0 | ||
Annexure 1 | ||||||||||
IV. Meeting of Committees | ||||||||||
| 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 | Reason 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) |
| 7 | Other Committee | 18-06-2025 | 124 | Management Committee | Yes | 4 | 3 | 1 | 0 | |
| 8 | Other Committee | 24-01-2025 | Share Allotment- Sub Committee | Yes | 3 | 3 | 2 | 0 | ||
| 9 | Nomination and remuneration committee | 28-05-2025 | 123 | Yes | 4 | 4 | 3 | 0 | ||
| 10 | Stakeholders Relationship Committee | 28-05-2025 | Yes | 3 | 3 | 2 | 0 | |||
| 11 | Risk Management Committee | 25-01-2025 | Yes | 3 | 3 | 2 | 0 | |||
Annexure 1 | ||
V. 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 | 10-07-2025 |
Investor Grievance Details | |
| No. of investor complaints pending at the beginning of Quarter | 0 |
| No. of investor complaints received during the Quarter | 0 |
| No. of investor complaints disposed off during the Quarter | 0 |
| No. of investor complaints those remaining unresolved at the end of the Quarter | 0 |
Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies- The details of acquisition of shares or voting rights in unlisted companies during the quarter in terms of sub-para 1 of para A of Part A of Schedule III are given below: | |||||
| Any Other Information for Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies | Textual Information(1) | ||||
| Sr. No. | Name of the unlisted company in which shares or voting rights have been acquired | Date of acquisition | Aggregate holding (% shares or voting rights) as at the end of the previous quarter | % shares or voting rights acquired during the quarter | Aggregate holding (% shares or voting rights) as at the end of the quarter |
| 1 | Bheema Fine Chemicals Private Limited (wholly 0wned subsidiary) | 14-05-2025 | 100 | 0 | 100 |
Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies- The details of acquisition of shares or voting rights in unlisted companies during the quarter in terms of sub-para 1 of para A of Part A of Schedule III are given below: Text Block | |
| Textual Information(1) | The Board of Directors of the wholly owned subsidiary company i.e. Bheema Fine Chemicals Private Limited at its meeting held on May 14, 2025, allotted 4,08,36,237 Equity shares of face value of Rs.10 each at an issue price of Rs.90 each (including a premium of Rs.80 each) of the wholly owned subsidiary by way of preferential allotment (on private placement basis) to the company upon conversion of loans extended by the company to the wholly owned subsidiary company and outstanding till that date including interest accrued to the tune of Rs.367.53 Crores. This transaction does not involve any fresh infusion of funds by the Company. The transaction is not an acquisition. There will be no change in shareholding in percentage terms as a result of conversion of loans including interest accrued into equity shares. The company will continue to hold 100% shareholding in Bheema Fine Chemicals Private Limited (wholly owned subsidiary). Since, Bheema Fine Chemicals Private Limited is a wholly owned subsidiary of the company, wherein the company is holding 100% of shareholding as at the end of the previous quarter, the % shares or voting rights acquired during the quarter does not change and the aggregate holding (% shares or voting rights ) in Bheema Fine Chemicals Private Limited (wholly owned subsidiary) as at the end of the current quarter continues to remain at 100% |