General information about company | |
| Scrip code | 530555 |
| NSE Symbol | PARACABLES |
| MSEI Symbol | NOTLISTED |
| ISIN | INE074B01023 |
| Name of the entity | PARAMOUNT COMMUNICATIONS LIMITED |
| Date of start of financial year | 01-04-2020 |
| Date of end of financial year | 31-03-2021 |
| Reporting Quarter | Quarterly |
| Date of Report | 30-06-2020 |
| Risk management committee | Not 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) | |||||||||||||||||||
| Wether the listed entity has a Regular Chairperson | Yes | |||||||||||||||||||
| Whether Chairperson is related to MD or CEO | 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 Birth | 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 (Refer Regulation 17A(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 for not providing PAN | Notes for not providing DIN |
| 1 | Mr | SANJAY AGGARWAL | AACPA7574P | 00001788 | Executive Director | Chairperson | CEO | 21-10-1962 | NA | 01-11-1994 | 01-03-2018 | 1 | 0 | 1 | 0 | |||||
| 2 | Mr | SANDEEP AGGARWAL | AACPA7575N | 00002646 | Executive Director | Not Applicable | MD | 08-05-1964 | NA | 01-11-1994 | 01-03-2018 | 1 | 0 | 1 | 0 | |||||
| 3 | Mr | VIJAY BHUSHAN | AALPB8325J | 00002421 | Non-Executive - Independent Director | Not Applicable | 22-10-1958 | NA | 22-07-2000 | 01-04-2019 | 239 | 3 | 2 | 5 | 2 | |||||
| 4 | Mr | VIJAY MAHESHWARI | AFGPM1014B | 00216687 | Non-Executive - Independent Director | Not Applicable | 03-01-1951 | NA | 01-04-2019 | 01-04-2019 | 15 | 2 | 1 | 1 | 1 | |||||
I. Composition of Board of Directors | ||||||||||||||||||||
Disclosure of notes on composition of board of directors explanatory | ||||||||||||||||||||
Wether the listed entity has a Regular Chairperson | ||||||||||||||||||||
| 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 | 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 (Refer Regulation 17A(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 for not providing PAN | Notes for not providing DIN |
| 5 | Mrs | MALINI GUPTA | AAJPG2191D | 03464410 | Non-Executive - Independent Director | Not Applicable | 11-01-1970 | NA | 31-01-2015 | 01-04-2020 | 65 | 1 | 1 | 1 | 1 | |||||
| 6 | Mrs | PRAVEENA KALA | AAGPK3924K | 08765830 | Non-Executive - Independent Director | Not Applicable | 07-05-1960 | NA | 14-07-2020 | 0 | 1 | 1 | 0 | 0 | ||||||
Text Block | |
| Textual Information(1) | On the recommendation of Nomination and Remuneration Committee, The Board of Directors in its meeting held on 14.07.2020 has approved the appointment of Mrs. Praveena Kala as Non Executive Independent Director on the Board of the Company with effect from 14.07.2020 for a period of Five consecutive Years.
Pursuant to the BSE Circular No. LIST/COMP/14/2018-19 dated 20.06.2018 and NSE Circular no. NSE/CML/2018/24 dated 20.06.2018, we hereby certify that Mrs. Praveena kala is not debarred from holding office of director by virtue of any SEBI order or any other such authority pursuant to the SEBI Act and the Regulation made thereunder including SEBI ( Listing Obligation and Disclosure Requirements) Regulation, 2015
Appointment of Mrs. Praveena Kala has already been intimated to Bombay Stock Exchange and National Stock Exchange on 14.07.2020
Mr. Vijay Bhushan is a Member in 4 listed Company and 1 unlisted Public Company and Chairman in 1 listed Company and 1 unlisted Public Company.
The membership and Chairmanship of Unlisted Public Company is also included as per Guidance Note and FAQ for submission of CG Report issued by NSE. |
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 | 00216687 | VIJAY MAHESHWARI | Non-Executive - Independent Director | Chairperson | 01-04-2019 | ||
| 2 | 00002421 | VIJAY BHUSHAN | Non-Executive - Independent Director | Member | 22-07-2000 | ||
| 3 | 03464410 | MALINI GUPTA | Non-Executive - Independent Director | Member | 01-04-2019 | ||
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 | 00002421 | VIJAY BHUSHAN | Non-Executive - Independent Director | Chairperson | 22-07-2000 | ||
| 2 | 00216687 | VIJAY MAHESHWARI | Non-Executive - Independent Director | Member | 01-04-2019 | ||
| 3 | 03464410 | MALINI GUPTA | Non-Executive - Independent Director | Member | 01-04-2019 | ||
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 | 03464410 | MALINI GUPTA | Non-Executive - Independent Director | Chairperson | 01-04-2019 | ||
| 2 | 00001788 | SANJAY AGGARWAL | Executive Director | Member | 01-11-1994 | ||
| 3 | 00002421 | VIJAY BHUSHAN | Non-Executive - Independent Director | Member | 22-07-2000 | ||
| 4 | 00002646 | SANDEEP AGGARWAL | Executive Director | Member | 01-11-1994 | ||
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 | 00001788 | SANJAY AGGARWAL | Executive Director | Chairperson | 01-11-1994 | ||
| 2 | 00002646 | SANDEEP AGGARWAL | Executive Director | Member | 01-11-1994 | ||
Corporate Social Responsibility Committee | |||||||
| Whether the Corporate Social Responsibility Committee has a Regular Chairperson | No | ||||||
| Sr | DIN Number | Name of Committee members | Category 1 of directors | Category 2 of directors | Date of Appointment | Date of Cessation | Remarks |
Other Committee | ||||||
| Sr | DIN Number | Name of Committee members | Name of other committee | Category 1 of directors | Category 2 of directors | Remarks |
| 1 | 00001788 | SANJAY AGGARWAL | Share Transfer and Transmission Committee | Executive Director | Chairperson | |
| 2 | 00002646 | SANDEEP AGGARWAL | Share Transfer and Transmission Committee | Executive Director | Member | |
| 3 | 00001788 | SANJAY AGGARWAL | Share Allottment Committee | Executive Director | Chairperson | |
| 4 | 00002646 | SANDEEP AGGARWAL | Share Allottment Committee | Executive Director | Member | |
Annexure 1 | |||||||
Annexure 1 | |||||||
III. Meeting of Board of Directors | |||||||
| Disclosure of notes on meeting of board of directors explanatory | Textual Information(1) | ||||||
| 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) | Number of Directors present* | No. of Independent Directors attending the meeting* |
| 1 | 29-01-2020 | Yes | 5 | 3 | |||
Text Block | |
| Textual Information(1) | Due to COVID Pandemic and With reference to SEBI circular No. SEBI/HO/CFD/CMD1/CIR/P/2020/110, The Board Meeting for the quarter ended 31.03.2020 was held on 14.07.2020.
The Board of Directors in its meeting held on 14.07.2020 has appointed Mrs. Praveena Kala as Non Executive Independent Director on the Board of the Company with effect from 14.07.2020 for a period of Five consecutive Years. |
Annexure 1 | ||||||||
IV. Meeting of Committees | ||||||||
| Disclosure of notes on meeting of committees explanatory | Textual Information(1) | |||||||
| 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) | Number of Directors present* | No. of Independent Directors attending the meeting* |
| 1 | Audit Committee | 29-01-2020 | Due to COVID Pandemic and With reference to SEBI circular No. SEBI/HO/CFD/CMD1/CIR/P/2020/110, The Audit Committee Meeting for the quarter ended 31.03.2020 was held on 14.07.2020.
| Yes | 3 | 3 | ||
| 2 | Nomination and remuneration committee | 29-01-2020 | Due to COVID Pandemic and With reference to SEBI circular No. SEBI/HO/CFD/CMD1/CIR/P/2020/110, The Nomination and Remuneration Committee Meeting for the quarter ended 31.03.2020 was held on 14.07.2020.
| Yes | 3 | 3 | ||
| 3 | Stakeholders Relationship Committee | 29-01-2020 | No Stakeholder Relationship Commitee meeting was held for the Quarter ended 31.03.2020 | Yes | 4 | 2 | ||
Text Block | ||
| Textual Information(1) | Due to COVID Pandemic and With reference to SEBI circular No. SEBI/HO/CFD/CMD1/CIR/P/2020/110, The Audit Committee Meeting for the quarter ended 31.03.2020 was held on 14.07.2020.
| |
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 500 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 |
Annexure 1 | ||
| Sr | Subject | Compliance status |
| 1 | Name of signatory | Rashi Goel |
| 2 | Designation | Company Secretary and Compliance Officer |
Signatory Details | |
| Name of signatory | Rashi Goel |
| Designation of person | Company Secretary and Compliance Officer |
| Place | New Delhi |
| Date | 14-07-2020 |