General information about company

Scrip code540027
NSE SymbolNOT APPLICABLE
MSEI SymbolNOT APPLICABLE
ISININE171PO1019
Name of the entityPRABHAT TECHNOLOGIES (INDIA) LIMITED
Date of start of financial year01-04-2021
Date of end of financial year31-03-2022
Reporting QuarterYearly
Date of Report31-03-2022
Risk management committeeNot Applicable
Market Capitalisation as per immediate previous Financial YearTop 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
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
1MrVISHWAMANI MATAMANI TIWARIABWPT2569G01932624Executive DirectorChairpersonMD20-06-1974NA02-04-200701-04-20191020
2MrPARAG MALDE ALUPM8220F05354513Executive DirectorNot Applicable11-04-1979NA01-01-201301-04-20191010
3MrALBERTO AGOSTINO MARIO ZUMMOZZZZZ9999Z08071700Non-Executive - Independent DirectorNot Applicable30-05-1969NA24-02-2018601100Textual Information(1)
4MrsNIDHI PREM CHAND DODHIABLEPP7432F08327516Non-Executive - Independent DirectorNot Applicable31-07-1990NA11-01-2019601110



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
5MsGEETA KRISHNA BHOSLECERPB3631K08411922Non-Executive - Independent DirectorNot Applicable01-10-1972NA06-05-2019601122



Text Block

Textual Information(1)
Mr. Alberto Agostino Mario Zummo is a foreign national, he does not have PAN Card.




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
108411922GEETA KRISHNA BHOSLENon-Executive - Independent DirectorChairperson06-05-2019
208327516NIDHI PREM CHAND DODHIANon-Executive - Independent DirectorMember11-01-2019
301932624VISHWAMANI MATAMANI TIWARIExecutive DirectorMember10-10-2019


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
108411922GEETA KRISHNA BHOSLENon-Executive - Independent DirectorChairperson06-05-2019
208327516NIDHI PREM CHAND DODHIANon-Executive - Independent DirectorMember11-01-2019
308071700ALBERTO AGOSTINO MARIO ZUMMONon-Executive - Independent DirectorMember21-09-2018


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
108411922GEETA KRISHNA BHOSLENon-Executive - Independent DirectorChairperson06-05-2019
205354513PARAG MALDE Executive DirectorMember11-01-2019
301932624VISHWAMANI MATAMANI TIWARIExecutive DirectorMember10-10-2019


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 Chairperson
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks


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 explanatoryTextual Information(1)
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*
115-11-2021Yes00
211-01-202256Yes00
311-02-202230Yes00



Text Block

Textual Information(1)
1. Pursuant to the order dated October 10, 2019 received from National Company Law Tribunal (NCLT), Mumbai Bench; Prabhat Technologies (India) Limited is under Corporate Insolvency Resolution Process (CIRP) and the NCLT has appointed Mr. Rajendra K. Bhuta, Insolvency Resolution Professional.
 
2. Pursuant to Section 14 of Insolvency and Bankruptcy Code, 2016 (the IBC Code, 2016), the said Company is under Moratorium and with effect of the same, the entire Board and its Directors stands to be suspended.
 
3. As the Board is suspended, the IRP conducts the meeting and no Director is allowed to attend the meeting conducted herein.



Annexure 1

IV. Meeting of Committees

Disclosure of notes on meeting of committees explanatory Textual Information(1)

Text Block

Textual Information(1)
1. Pursuant to the order dated October 10, 2019 received from National Company Law Tribunal (NCLT), Mumbai Bench; Prabhat Technologies (India) Limited is under Corporate Insolvency Resolution Process (CIRP) and the NCLT has appointed Mr. Rajendra K. Bhuta, Insolvency Resolution Professional.
 
2. Pursuant to Section 14 of Insolvency and Bankruptcy Code, 2016 (the IBC Code, 2016), the said Company is under Moratorium and with effect of the same, the entire Board and its Directors stands to be suspended.
 
3. As the Board is suspended, the IRP conducts the meeting and no Director is allowed to attend the meeting conducted herein.



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
9Any comments/observations/advice of Board of Directors may be mentioned here:Textual Information(1)

Annexure 1

SrSubjectCompliance status
1Name of signatoryYash Pankaj Jain
2DesignationCompany Secretary and Compliance Officer



Text Block

Textual Information(1)
1. Pursuant to the order dated October 10, 2019 received from National Company Law Tribunal (NCLT), Mumbai Bench; Prabhat Technologies (India) Limited is under Corporate Insolvency Resolution Process (CIRP) and the NCLT has appointed Mr. Rajendra K. Bhuta, Insolvency Resolution Professional.
 
2. Pursuant to Section 14 of Insolvency and Bankruptcy Code, 2016 (the IBC Code, 2016), the said Company is under Moratorium and with effect of the same, the entire Board and its Directors stands to be suspended.
 
3. As the Board is suspended, the IRP conducts the meeting and no Director is allowed to attend the meeting conducted herein.



Annexure II

Annexure II to be submitted by listed entity at the end of the financial year (for the whole of financial year)

I. Disclosure on website in terms of Listing Regulations

SrItemCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.Web address
1Details of businessYeshttp://www.prabhatgroup.net/business.php
2Terms and conditions of appointment of independent directorsYes http://www.prabhatgroup.net/investor-documents.php
3Composition of various committees of board of directorsYeshttp://www.prabhatgroup.net/investor-documents.php
4Code of conduct of board of directors and senior management personnelYeshttp://www.prabhatgroup.net/investor-documents.php
5Details of establishment of vigil mechanism/ Whistle Blower policyYeshttp://www.prabhatgroup.net/investor-documents.php
6Criteria of making payments to non-executive directorsYeshttp://www.prabhatgroup.net/investor-documents.php
7Policy on dealing with related party transactionsYeshttp://www.prabhatgroup.net/investor-documents.php
8Policy for determining ‘material’ subsidiariesYeshttp://www.prabhatgroup.net/investor-documents.php
9Details of familiarization programmes imparted to independent directorsYeshttp://www.prabhatgroup.net/investor-documents.php

Annexure II

Annexure II to be submitted by listed entity at the end of the financial year (for the whole of financial year)

I. Disclosure on website in terms of Listing Regulations

SrItemCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.Web address
10Contact information of the designated officials of the listed entity who are responsible for assisting and handling investor grievancesYeshttp://www.prabhatgroup.net/investor-documents.php
11email address for grievance redressal and other relevant detailsYeshttp://www.prabhatgroup.net/investor-documents.php
12Financial resultsYeshttp://www.prabhatgroup.net/investor-documents.php
13Shareholding patternYeshttp://www.prabhatgroup.net/investor-documents.php
14Details of agreements entered into with the media companies and/or their associatesNA
15Schedule of analyst or institutional investor meet and presentations made by the listed entity to analysts or institutional investors simultaneously with submission to stock exchangeNA
16New name and the old name of the listed entityNA
17Advertisements as per regulation 47 (1)Yeshttp://www.prabhatgroup.net/investor-documents.php
18Credit rating or revision in credit rating obtainedNA
19Separate audited financial statements of each subsidiary of the listed entity in respect of a relevant financial yearYeshttp://www.prabhatgroup.net/investor-documents.php
20Whether company has provided information under separate section on its website as per Regulation 46(2)Yeshttp://www.prabhatgroup.net/investor-documents.php
21Materiality Policy as per Regulation 30Yeshttp://www.prabhatgroup.net/investor-documents.php
22Dividend Distribution policy as per Regulation 43A (as applicable)NA
23It is certified that these contents on the website of the listed entity are correctYeshttp://www.prabhatgroup.net/investor-documents.php


Annexure II

II. Annual Affirmations

SrParticularsRegulation NumberCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.
1Independent director(s) have been appointed in terms of specified criteria of ‘independence’ and/or ‘eligibility’16(1)(b) & 25(6)Yes
2Board composition17(1), 17(1A) & 17(1B)Yes
3Meeting of Board of directors17(2)NA
4Quorum of Board meeting17(2A)NA
5Review of Compliance Reports17(3)Yes
6Plans for orderly succession for appointments17(4)NA
7Code of Conduct17(5)Yes
8Fees/compensation17(6)Yes
9Minimum Information17(7)NA
10Compliance Certificate17(8)Yes

Annexure II

II. Annual Affirmations

SrParticularsRegulation NumberCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.
11Risk Assessment & Management17(9)Yes
12Performance Evaluation of Independent Directors17(10)NA
13Recommendation of Board17(11)NA
14Maximum number of Directorships17AYes
15Composition of Audit Committee18(1)Yes
16Meeting of Audit Committee18(2)NA
17Composition of nomination & remuneration committee19(1) & (2)Yes
18Quorum of Nomination and Remuneration Committee meeting19(2A)NA
19Meeting of Nomination and Remuneration Committee19(3A)NA
20Composition of Stakeholder Relationship Committee20(1), 20(2) & 20(2A)Yes

Annexure II

II. Annual Affirmations

SrParticularsRegulation NumberCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.
21Meeting of Stakeholders Relationship Committee20(3A)NA
22Composition and role of risk management committee21(1),(2),(3),(4)NA
23Meeting of Risk Management Committee21(3A)NA
24Vigil Mechanism22Yes
25Policy for related party Transaction23(1),(1A),(5),(6),(7) & (8)Yes
26Prior or Omnibus approval of Audit Committee for all related party transactions23(2), (3)NA
27Approval for material related party transactions23(4)NA
28Disclosure of related party transactions on consolidated basis23(9)Yes
29Composition of Board of Directors of unlisted material Subsidiary24(1)NA
30Other Corporate Governance requirements with respect to subsidiary of listed entity24(2),(3),(4),(5) & (6)NA

Annexure II

II. Annual Affirmations

SrParticularsRegulation NumberCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.
31Annual Secretarial Compliance Report24(A)Yes
32Alternate Director to Independent Director25(1)NA
33Maximum Tenure25(2)Yes
34Meeting of independent directors25(3) & (4)NA
35Familiarization of independent directors25(7)Yes
36Declaration from Independent Director25(8) & (9)Yes
37D & O Insurance for Independent Directors25(10)NA
38Memberships in Committees26(1)Yes
39Affirmation with compliance to code of conduct from members of Board of Directors and Senior management personnel26(3)Yes
40Disclosure of Shareholding by Non-Executive Directors26(4)NA
41Policy with respect to Obligations of directors and senior management26(2) & 26(5)Yes
Any other information to be provided Textual Information(1)

Text Block

Textual Information(1)
1. Pursuant to the order dated October 10, 2019 received from National Company Law Tribunal (NCLT), Mumbai Bench; Prabhat Technologies (India) Limited is under Corporate Insolvency Resolution Process (CIRP) and the NCLT has appointed Mr. Rajendra K. Bhuta, Insolvency Resolution Professional.
 
2. Pursuant to Section 14 of Insolvency and Bankruptcy Code, 2016 (the IBC Code, 2016), the said Company is under Moratorium and with effect of the same, the entire Board and its Directors stands to be suspended.
 
3. As the Board is suspended, the IRP conducts the meeting and no Director is allowed to attend the meeting conducted herein.
 
 

Annexure II

1Name of signatoryYash Pankaj Jain
2DesignationCompany Secretary and Compliance Officer



Annexure II

III. Affirmations

SrParticularsCompliance status (Yes/No/NA)
1The Listed Entity has approved Material Subsidiary Policy and the Corporate Governance requirements with respect to subsidiary of Listed Entity have been compliedNA
Any other information to be provided




Annexure II

1Name of signatoryYash Pankaj Jain
2DesignationCompany Secretary and Compliance Officer




Additional Half yearly Disclosure

Applicability of disclosure Applicable
Reason for Non Applicability Textual Information(1)

I. Disclosure of Loans/ guarantees/comfort letters /securities etc.refer note below

(A)Any loan or any other form of debt advanced by the listed entity directly or indirectly to
EntityAggregate amount advanced during six monthsBalance outstanding at the end of six months
Promoter or any other entity controlled by them00
Promoter Group or any other entity controlled by them00
Directors (including relatives) or any other entity controlled by them03.73
KMPs or any other entity controlled by them00

(B) Any guarantee / comfort letter (by whatever name called) provided by the listed entity directly or indirectly, in connection with any loan(s) or any other form of debt availed By

EntityType (guarantee, comfort letter etc.)Aggregate amount of issuance during six monthsBalance outstanding at the end of six months(taking into account any invocation)
Promoter or any other entity controlled by them000
Promoter Group or any other entity controlled by them000
Directors (including relatives) or any other entity controlled by them000
KMPs or any other entity controlled by them000

(C) Any security provided by the listed entity directly or indirectly, in connection with any loan(s) or any other form of debt availed by

EntityType of security (cash, shares etc.)Aggregate value of security provided during six monthsBalance outstanding at the end of six months
Promoter or any other entity controlled by them000
Promoter Group or any other entity controlled by them000
Directors (including relatives) or any other entity controlled by them 000
KMPs or any other entity controlled by them000
(D) Additional InformationTextual Information(2)

II. Affirmations

AffirmationsCompliance StatusCompany Remarks
All loans (or other form of debt), guarantees, comfort letters (by whatever name called) or securities in connection with any loan(s) (or other form of debt) given directly or indirectly by the listed entity to promoter(s), promoter group, director(s) (including their relatives), key managerial personnel (including their relatives) or any entity controlled by them are in the economic interest of the company.YesTextual Information(3)
Name Parag Malde
Designation CFO
Place Mumbai
Date20-04-2022

Signatory Details

Name of signatoryYash Pankaj Jain
Designation of personCompany Secretary and Compliance Officer
PlaceMumbai
Date20-04-2022